XML 64 R53.htm IDEA: XBRL DOCUMENT v3.23.3
Allowance for Credit Losses - Recorded Investments (Details) - USD ($)
$ in Thousands
Aug. 31, 2023
May 31, 2023
Aug. 31, 2022
May 31, 2022
Allowance components:        
Collective allowance $ 29,792 $ 27,335    
Asset-specific allowance 25,134 25,759    
Total allowance for credit losses 54,926 53,094 $ 71,056 $ 67,560
Loans outstanding:        
Collectively evaluated loans 32,990,830 32,398,910    
Individually evaluated loans 92,663 120,439    
Total $ 33,083,493 $ 32,519,349 30,674,996  
Financing receivable, allowance for coverage ratios 0.17% 0.16%    
Deferred loan origination costs $ 13,153   12,335  
Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.09% 0.08%    
Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 27.12% 21.39%    
Parent Company        
Allowance components:        
Collective allowance $ 25,505 $ 23,955    
Asset-specific allowance 24,849 25,469    
Total allowance for credit losses 50,354 49,424 68,074 64,825
Loans outstanding:        
Collectively evaluated loans 31,531,874 30,957,840    
Individually evaluated loans 89,196 116,847    
Total $ 31,621,070 $ 31,074,687    
Financing receivable, allowance for coverage ratios 0.16% 0.16%    
Deferred loan origination costs $ 13,000 $ 13,000    
Parent Company | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.08% 0.08%    
Parent Company | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 27.86% 21.80%    
Parent Company | Distribution        
Allowance components:        
Collective allowance $ 15,722 $ 14,924    
Asset-specific allowance 0 0    
Total allowance for credit losses 15,722 14,924 16,412 15,781
Loans outstanding:        
Collectively evaluated loans 25,814,015 25,432,439    
Individually evaluated loans 4,209 4,638    
Total $ 25,818,224 $ 25,437,077    
Financing receivable, allowance for coverage ratios 0.06% 0.06%    
Parent Company | Distribution | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.06% 0.06%    
Parent Company | Distribution | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
Parent Company | Power supply        
Allowance components:        
Collective allowance $ 8,585 $ 7,837    
Asset-specific allowance 24,849 25,469    
Total allowance for credit losses 33,434 33,306 50,343 47,793
Loans outstanding:        
Collectively evaluated loans 5,485,567 5,325,033    
Individually evaluated loans 84,987 112,209    
Total $ 5,570,554 $ 5,437,242    
Financing receivable, allowance for coverage ratios 0.60% 0.61%    
Parent Company | Power supply | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.16% 0.15%    
Parent Company | Power supply | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 29.24% 22.70%    
Parent Company | Statewide and associate        
Allowance components:        
Collective allowance $ 1,198 $ 1,194    
Asset-specific allowance 0 0    
Total allowance for credit losses 1,198 1,194 1,319 1,251
Loans outstanding:        
Collectively evaluated loans 232,292 200,368    
Individually evaluated loans 0 0    
Total $ 232,292 $ 200,368    
Financing receivable, allowance for coverage ratios 0.52% 0.60%    
Parent Company | Statewide and associate | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.52% 0.60%    
Parent Company | Statewide and associate | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
NCSC        
Allowance components:        
Collective allowance $ 2,612 $ 2,464    
Asset-specific allowance 0 0    
Total allowance for credit losses 2,612 2,464 1,565 1,449
Loans outstanding:        
Collectively evaluated loans 923,447 956,874    
Individually evaluated loans 0 0    
Total $ 923,447 $ 956,874    
Financing receivable, allowance for coverage ratios 0.28% 0.26%    
NCSC | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.28% 0.26%    
NCSC | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
RTFC        
Allowance components:        
Collective allowance $ 1,675 $ 916    
Asset-specific allowance 285 290    
Total allowance for credit losses 1,960 1,206 $ 1,417 $ 1,286
Loans outstanding:        
Collectively evaluated loans 535,509 484,196    
Individually evaluated loans 3,467 3,592    
Total $ 538,976 $ 487,788    
Financing receivable, allowance for coverage ratios 0.36% 0.25%    
RTFC | Collective allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.31% 0.19%    
RTFC | Asset-specific allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 8.22% 8.07%