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Business Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended 15 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Sep. 30, 2012
Segment Reporting Information [Line Items]                      
Total interest income $ 56,151 $ 63,810 $ 71,578 $ 73,131 $ 72,642 $ 66,852 $ 64,072 $ 264,670 $ 274,687 $ 238,711 $ 71,121
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               0 0 0  
Total interest expense 33,358 33,448 36,961 38,923 39,277 37,640 37,053 142,690 153,382 142,668 39,412
Net interest income 22,793 30,362 34,617 34,208 33,365 29,212 27,019 121,980 121,305 96,043 31,709
Guarantee and commitment fees 6,568 6,401 6,064 5,930 5,966 6,320 6,387 24,963 24,821 24,091 6,148
Other income/(expense)               (21,228) (72,210) (19,117)  
Non-interest income/(loss) 8,374 8,464 (27,281) 14,178 854 (7,885) 15,047 3,735 (47,389) 4,974 (55,405)
Provision for loan losses (4,354) (137) 1,220 (420) 482 (160) (1,281) (3,691) (610) (1,893) 349
Release of (provision for) losses               1,816 2,957 (2,417)  
Other non-interest expense               (32,724) (31,616) (30,210)  
Non-interest expense 6,109 7,748 9,209 7,842 7,240 7,191 6,678 30,908 28,659 32,627 7,550
Income/(loss) before income taxes 20,704 30,941 (653) 40,124 27,461 13,976 34,107 91,116 44,647 66,497 (30,897)
Income tax (benefit)/expense (4,837) (8,294) 2,629 (11,654) (7,872) (2,539) (9,517) (22,156) (5,797) (13,797) 14,131
Net income 15,867 22,647 1,976 28,470 19,589 11,437 24,590 68,960 38,850 52,700 (16,766)
Preferred stock dividends (720) (719) (720) (720) (720) (720) (720) (2,879) (2,879) (4,129) (719)
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends (5,546) (5,547) (5,547) (5,547) (5,546) (5,547) (5,547) (22,187) (22,187) (20,707) (5,547)
Loss On Retirement Of Preferred Stock               0 0 (5,784)  
Net income attributable to common stockholders 9,601 16,381 (4,291) 22,203 13,323 5,170 18,323 43,894 13,784 22,080 (23,032)
Total assets at carrying value 12,622,201       11,883,508     12,622,201 11,883,508 9,479,914  
On and Off Balance Sheet Program Assets, At Principal Balance 13,015,188       11,913,302     13,015,188 11,913,302 12,216,709  
Farmer Mac I [Member]
                     
Segment Reporting Information [Line Items]                      
Segment interest and dividend income operating               131,714 [1] 146,653 [1] 109,220 [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               (1,659) (3,269) (4,627)  
Segment interest expense               (65,460) [2] (92,155) [2] (71,147) [2]  
Segment net effective spread               64,595 51,229 33,446  
Segment guarantee fee income               22,095 22,525 22,270  
Other income/(expense)               2,427 [3] 3,201 [3] 3,389 [3]  
Segment non interest income               24,522 25,726 25,659  
Provision for loan losses               (3,691) (610) (1,893)  
Release of (provision for) losses               1,816 2,957 (2,417)  
Other non-interest expense               (15,066) (15,768) (15,430)  
Non-interest expense               13,250 [4] 12,811 [4] 17,847 [4]  
Segment core earnings before income taxes               72,176 63,534 39,365  
Income tax (benefit)/expense               (25,261) (22,237) (13,778)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends               46,915 41,297 25,587  
Preferred stock dividends               0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends               0 0 0  
Segment core earnings               46,915 41,297 25,587  
Loss On Retirement Of Preferred Stock                   0  
Total assets at carrying value 5,190,136       4,840,519     5,190,136 4,840,519 2,800,367  
On and Off Balance Sheet Program Assets, At Principal Balance 9,056,489       8,057,027     9,056,489 8,057,027 8,188,628  
Farmer Mac II [Member]
                     
Segment Reporting Information [Line Items]                      
Segment interest and dividend income operating               56,815 [1] 56,726 [1] 55,129 [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               0 0 0  
Segment interest expense               (45,560) [2] (45,937) [2] (45,076) [2]  
Segment net effective spread               11,255 10,789 10,053  
Segment guarantee fee income               163 204 458  
Other income/(expense)               599 [3] 283 [3] 299 [3]  
Segment non interest income               762 487 757  
Provision for loan losses               0 0 0  
Release of (provision for) losses               0 0 0  
Other non-interest expense               (3,065) (2,752) (2,796)  
Non-interest expense               3,065 [4] 2,752 [4] 2,796 [4]  
Segment core earnings before income taxes               8,952 8,524 8,014  
Income tax (benefit)/expense               (3,134) (2,983) (2,805)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends               5,818 5,541 5,209  
Preferred stock dividends               0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends               0 0 0  
Segment core earnings               5,818 5,541 5,209  
Loss On Retirement Of Preferred Stock                   0  
Total assets at carrying value 1,641,030       1,552,105     1,641,030 1,552,105 1,378,265  
On and Off Balance Sheet Program Assets, At Principal Balance 1,615,579       1,513,177     1,615,579 1,513,177 1,385,398  
Rural Utilities [Member]
                     
Segment Reporting Information [Line Items]                      
Segment interest and dividend income operating               63,243 [1] 53,237 [1] 56,072 [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               0 0 0  
Segment interest expense               (50,796) [2] (40,950) [2] (44,207) [2]  
Segment net effective spread               12,447 12,287 11,865  
Segment guarantee fee income               4,364 5,361 5,990  
Other income/(expense)               466 [3] 0 [3] 1 [3]  
Segment non interest income               4,830 5,361 5,991  
Provision for loan losses               0 0 0  
Release of (provision for) losses               0 0 0  
Other non-interest expense               (5,809) (4,923) (4,335)  
Non-interest expense               5,809 [4] 4,923 [4] 4,335 [4]  
Segment core earnings before income taxes               11,468 12,725 13,521  
Income tax (benefit)/expense               (4,013) (4,454) (4,733)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends               7,455 8,271 8,788  
Preferred stock dividends               0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends               0 0 0  
Segment core earnings               7,455 8,271 8,788  
Loss On Retirement Of Preferred Stock                   0  
Total assets at carrying value 2,398,809       2,421,904     2,398,809 2,421,904 2,727,332  
On and Off Balance Sheet Program Assets, At Principal Balance 2,343,120       2,343,098     2,343,120 2,343,098 2,642,683  
Corporate
                     
Segment Reporting Information [Line Items]                      
Segment interest and dividend income operating               24,729 [1] 28,117 [1] 27,497 [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               0 0 0  
Segment interest expense               (6,469) [2] (13,003) [2] (16,384) [2]  
Segment net effective spread               18,260 15,114 11,113  
Segment guarantee fee income               0 0 0  
Other income/(expense)               (2,113) [3] (2,272) [3] (1,711) [3]  
Segment non interest income               (2,113) (2,272) (1,711)  
Provision for loan losses               0 0 0  
Release of (provision for) losses               0 0 0  
Other non-interest expense               (8,784) (8,173) (7,649)  
Non-interest expense               8,784 [4] 8,173 [4] 7,649 [4]  
Segment core earnings before income taxes               7,363 4,669 1,753  
Income tax (benefit)/expense               7,157 8,195 8,864  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends               14,520 12,864 10,617  
Preferred stock dividends               (2,879) (2,879) (4,129)  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends               (22,187) (22,187) (20,707)  
Segment core earnings               (10,546) (12,202) (14,219)  
Loss On Retirement Of Preferred Stock                   0  
Total assets at carrying value 3,392,226       3,068,980     3,392,226 3,068,980 2,573,950  
On and Off Balance Sheet Program Assets, At Principal Balance 0       0     0 0 0  
Reconciling Adjustments
                     
Segment Reporting Information [Line Items]                      
Segment interest and dividend income operating               (11,831) [1] (10,046) [1] (9,207) [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income               1,659 3,269 4,627  
Segment interest expense               25,595 [2] 38,663 [2] 34,146 [2]  
Segment net effective spread               15,423 31,886 29,566  
Segment guarantee fee income               (1,659) (3,269) (4,627)  
Other income/(expense)               (22,607) [3] (73,422) [3] (21,095) [3]  
Segment non interest income               (24,266) (76,691) (25,722)  
Provision for loan losses               0 0 0  
Release of (provision for) losses               0 0 0  
Other non-interest expense               0 0 0  
Non-interest expense               0 [4] 0 [4] 0 [4]  
Segment core earnings before income taxes               (8,843) (44,805) 3,844  
Income tax (benefit)/expense               3,095 15,682 (1,345)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends               (5,748) [5] (29,123) [5] 2,499 [5]  
Preferred stock dividends               0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends               0 0 0  
Segment core earnings               (5,748) [5] (29,123) [5] (3,285) [5]  
Loss On Retirement Of Preferred Stock                   (5,784)  
Total assets at carrying value 0       0     0 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0       $ 0     $ 0 $ 0 $ 0  
[1] 1)Includes reconciling adjustments for yield maintenance income and amortization of premiums on assets consolidated at fair value to reflect core earnings amounts.
[2] (2)Based on effective funding cost determined for each operating segment, including expenses related to interest rate swaps not designated as hedges, which are included in "Losses on financial derivatives and hedging activities" on the GAAP financial statements.
[3] 3)Includes reconciling adjustments for the reclassification of yield maintenance income and expenses related to interest rate swaps not designated as hedges and fair value adjustments on financial derivatives and trading assets. Also includes a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac II Guaranteed Securities and USDA Guaranteed Securities.
[4] 4)Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[5] (5)Net adjustments to reconcile core earnings before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends; and segment core earnings to corresponding GAAP measures: income before income taxes, net income, and net income attributable to common stockholders, respectively.