XML 77 R57.htm IDEA: XBRL DOCUMENT v3.26.1
Allowance for Credit Losses - Schedule of Allowance for Credit Losses and Recorded Investment in Financing Receivables (Details) - USD ($)
$ in Thousands
Feb. 28, 2026
Nov. 30, 2025
May 31, 2025
Feb. 28, 2025
Nov. 30, 2024
May 31, 2024
Allowance components:            
Collective allowance $ 35,515   $ 31,313      
Asset-specific allowance 197   9,302      
Total allowance for credit losses 35,712 $ 43,423 40,615 $ 44,456 $ 50,549 $ 48,726
Loans outstanding:            
Collectively evaluated loans 38,715,421   37,031,238      
Individually evaluated loans 16,258   32,310      
Total $ 38,731,679   $ 37,063,548 36,463,440    
Financing receivable, allowance for coverage ratios 0.09%   0.11%      
Deferred loan origination costs $ 18,203     15,769    
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 1.21%   28.79%      
CFC:            
Allowance components:            
Collective allowance $ 28,263   $ 25,773      
Asset-specific allowance 197   9,256      
Total allowance for credit losses 28,460 36,808 35,029 37,663 44,032 42,726
Loans outstanding:            
Collectively evaluated loans 36,933,042   35,379,467      
Individually evaluated loans 16,258   29,853      
Total $ 36,949,300   $ 35,409,320      
Financing receivable, allowance for coverage ratios 0.08%   0.10%      
Deferred loan origination costs $ 18,000   $ 16,000      
CFC: | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.08%   0.07%      
CFC: | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 1.21%   31.01%      
CFC: | Distribution            
Allowance components:            
Collective allowance $ 20,376   $ 18,473      
Asset-specific allowance 0   0      
Total allowance for credit losses 20,376 20,102 18,473 19,501 18,049 15,954
Loans outstanding:            
Collectively evaluated loans 30,383,915   29,258,741      
Individually evaluated loans 3,371   3,754      
Total $ 30,387,286   $ 29,262,495      
Financing receivable, allowance for coverage ratios 0.07%   0.06%      
CFC: | Distribution | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.07%   0.06%      
CFC: | Distribution | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.00%   0.00%      
CFC: | Power supply            
Allowance components:            
Collective allowance $ 6,818   $ 6,200      
Asset-specific allowance 197   9,256      
Total allowance for credit losses 7,015 15,593 15,456 16,995 24,785 25,583
Loans outstanding:            
Collectively evaluated loans 6,275,950   5,869,401      
Individually evaluated loans 12,887   26,099      
Total $ 6,288,837   $ 5,895,500      
Financing receivable, allowance for coverage ratios 0.11%   0.26%      
CFC: | Power supply | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.11%   0.11%      
CFC: | Power supply | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 1.53%   35.46%      
CFC: | Statewide and associate            
Allowance components:            
Collective allowance $ 1,069   $ 1,100      
Asset-specific allowance 0   0      
Total allowance for credit losses 1,069 1,113 1,100 1,167 1,198 1,189
Loans outstanding:            
Collectively evaluated loans 273,177   251,325      
Individually evaluated loans 0   0      
Total $ 273,177   $ 251,325      
Financing receivable, allowance for coverage ratios 0.39%   0.44%      
CFC: | Statewide and associate | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.39%   0.44%      
CFC: | Statewide and associate | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.00%   0.00%      
NCSC:            
Allowance components:            
Collective allowance $ 7,252   $ 5,540      
Asset-specific allowance 0   46      
Total allowance for credit losses 7,252 6,615 5,586 6,793 6,517 6,000
Loans outstanding:            
Collectively evaluated loans 1,782,379   1,651,771      
Individually evaluated loans 0   2,457      
Total $ 1,782,379   $ 1,654,228      
Financing receivable, allowance for coverage ratios 0.41%   0.34%      
NCSC: | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.41%   0.34%      
NCSC: | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.00%   1.87%      
NCSC: | Electric            
Allowance components:            
Collective allowance $ 5,202   $ 3,818      
Asset-specific allowance 0   0      
Total allowance for credit losses 5,202 4,576 3,818 4,381 4,091 3,937
Loans outstanding:            
Collectively evaluated loans 1,163,391   1,078,763      
Individually evaluated loans 0   0      
Total $ 1,163,391   $ 1,078,763      
Financing receivable, allowance for coverage ratios 0.45%   0.35%      
NCSC: | Electric | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.45%   0.35%      
NCSC: | Electric | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.00%   0.00%      
NCSC: | Telecom            
Allowance components:            
Collective allowance $ 2,050   $ 1,722      
Asset-specific allowance 0   46      
Total allowance for credit losses 2,050 $ 2,039 1,768 $ 2,412 $ 2,426 $ 2,063
Loans outstanding:            
Collectively evaluated loans 618,988   573,008      
Individually evaluated loans 0   2,457      
Total $ 618,988   $ 575,465      
Financing receivable, allowance for coverage ratios 0.33%   0.31%      
NCSC: | Telecom | Collective Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.33%   0.30%      
NCSC: | Telecom | Asset-Specific Allowance            
Loans outstanding:            
Financing receivable, allowance for coverage ratios 0.00%   1.87%