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Business Segment Reporting - Core Earnings - Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income $ 35,563 $ 32,183 $ 103,561 $ 94,836  
Less: reconciling adjustments(1)(2)(3) 0 0 0 0  
Net Effective Spread 0 0 0    
Guarantee and commitment fees 3,798 3,532 11,079 10,297  
Other income/(expense)(3)(4) [1] 303 (8,513) (9,918) 3,404  
Non-interest income/(loss) 4,101 (4,981) 1,161 13,701  
(Provision for)/release of loan losses (191) 1,164 (604) 978  
Provision for losses 222 (861) 114 (1,235)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (9,525) (9,560) (29,457) (28,382)  
Non-interest expense [2] (9,303) (10,421) (29,343) (29,617)  
Income before income taxes 30,170 17,945 74,775 79,898  
Income tax expense (10,529) (6,327) (26,264) (24,327)  
Net income 19,641 11,618 48,511 55,571  
Preferred Stock Dividends, Income Statement Impact (3,295) (3,295) (9,886) (9,886)  
Less: Net loss/(income) attributable to non-controlling interest 18 36 62 (5,199)  
Loss on retirement of preferred stock 0 0 0 (8,147)  
Net Income (Loss) Available to Common Stockholders, Basic 16,364 8,359 38,687 32,339  
Segment Reporting Information, Additional Information [Abstract]          
Assets 16,000,905 14,853,845 16,000,905 14,853,845 $ 15,540,354
On and Off Balance Sheet Program Assets, At Principal Balance 17,247,739 15,627,979 17,247,739 15,627,979  
Farm & Ranch [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 12,039 10,838 34,772 32,825  
Less: reconciling adjustments(1)(2)(3) (1,336) (1,210) (4,733) (3,402)  
Net Effective Spread 10,703 9,628 30,039 29,423  
Guarantee and commitment fees 3,516 3,785 11,390 11,111  
Other income/(expense)(3)(4) [1] 276 513 451 760  
Non-interest income/(loss) 3,792 4,298 11,841 11,871  
(Provision for)/release of loan losses (191) 1,164 (604) 978  
Provision for losses 222 (861) 114 (1,235)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,673) (4,228) (11,946) (12,858)  
Non-interest expense [2] (3,451) (5,089) (11,832) (14,093)  
Segment core earnings before income taxes 10,853 10,001 29,444 28,179  
Income tax expense (3,799) (3,500) (10,307) (9,862)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 7,054 6,501 19,137 18,317  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 7,054 6,501 19,137 18,317  
Segment Reporting Information, Additional Information [Abstract]          
Assets 3,436,641 2,856,097 3,436,641 2,856,097  
On and Off Balance Sheet Program Assets, At Principal Balance 6,004,728 5,504,030 6,004,728 5,504,030  
USDA Guarantees [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 5,753 4,515 15,743 13,503  
Less: reconciling adjustments(1)(2)(3) (564) 115 (1,658) (182)  
Net Effective Spread 5,189 4,630 14,085 13,321  
Guarantee and commitment fees 29 7 50 9  
Other income/(expense)(3)(4) [1] 95 13 178 100  
Non-interest income/(loss) 124 20 228 109  
(Provision for)/release of loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (933) (986) (3,118) (2,396)  
Non-interest expense [2] (933) (986) (3,118) (2,396)  
Segment core earnings before income taxes 4,380 3,664 11,195 11,034  
Income tax expense (1,533) (1,282) (3,918) (3,861)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 2,847 2,382 7,277 7,173  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 2,847 2,382 7,277 7,173  
Segment Reporting Information, Additional Information [Abstract]          
Assets 2,062,195 1,941,166 2,062,195 1,941,166  
On and Off Balance Sheet Program Assets, At Principal Balance 2,020,834 1,898,625 2,020,834 1,898,625  
Rural Utilities [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,963 3,130 8,682 8,741  
Less: reconciling adjustments(1)(2)(3) (320) (223) (939) (192)  
Net Effective Spread 2,643 2,907 7,743 8,549  
Guarantee and commitment fees 529 100 1,197 100  
Other income/(expense)(3)(4) [1] 0 0 0 0  
Non-interest income/(loss) 529 100 1,197 100  
(Provision for)/release of loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (553) (838) (2,214) (2,564)  
Non-interest expense [2] (553) (838) (2,214) (2,564)  
Segment core earnings before income taxes 2,619 2,169 6,726 6,085  
Income tax expense (917) (760) (2,355) (2,129)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,702 1,409 4,371 3,956  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 1,702 1,409 4,371 3,956  
Segment Reporting Information, Additional Information [Abstract]          
Assets 1,008,903 987,115 1,008,903 987,115  
On and Off Balance Sheet Program Assets, At Principal Balance 1,867,666 1,500,307 1,867,666 1,500,307  
Institutional Credit [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 12,226 11,686 36,084 33,990  
Less: reconciling adjustments(1)(2)(3) (799) (415) (2,160) (1,434)  
Net Effective Spread 11,427 11,271 33,924 32,556  
Guarantee and commitment fees 459 436 1,375 1,205  
Other income/(expense)(3)(4) [1] 0 0 0 0  
Non-interest income/(loss) 459 436 1,375 1,205  
(Provision for)/release of loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (1,253) (522) (2,330) (1,589)  
Non-interest expense [2] (1,253) (522) (2,330) (1,589)  
Segment core earnings before income taxes 10,633 11,185 32,969 32,172  
Income tax expense (3,722) (3,915) (11,538) (11,260)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 6,911 7,270 21,431 20,912  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 6,911 7,270 21,431 20,912  
Segment Reporting Information, Additional Information [Abstract]          
Assets 6,045,227 5,405,360 6,045,227 5,405,360  
On and Off Balance Sheet Program Assets, At Principal Balance 7,354,511 6,725,017 7,354,511 6,725,017  
Corporate Segment [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,582 2,014 8,280 5,777  
Less: reconciling adjustments(1)(2)(3) (345) (63) (897) (195)  
Net Effective Spread 2,237 1,951 7,383 5,582  
Guarantee and commitment fees 0 0 0 0  
Other income/(expense)(3)(4) [1] (388) (619) (1,288) (1,383)  
Non-interest income/(loss) (388) (619) (1,288) (1,383)  
(Provision for)/release of loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,113) (2,986) (9,849) (8,975)  
Non-interest expense [2] (3,113) (2,986) (9,849) (8,975)  
Segment core earnings before income taxes (1,264) (1,654) (3,754) (4,776)  
Income tax expense 474 533 1,221 3,405  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends (790) (1,121) (2,533) (1,371)  
Preferred Stock Dividends, Income Statement Impact (3,295) (3,295) (9,886) (9,886)  
Less: Net loss/(income) attributable to non-controlling interest 18 36 62 (5,199)  
Loss on retirement of preferred stock       0  
Segment core earnings (4,067) (4,380) (12,357) (16,456)  
Segment Reporting Information, Additional Information [Abstract]          
Assets 3,447,939 3,664,107 3,447,939 3,664,107  
Segment Reconciling Items [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 0 0 0 0  
Less: reconciling adjustments(1)(2)(3) 3,364 1,796 10,387 5,405  
Net Effective Spread 3,364 1,796 10,387 5,405  
Guarantee and commitment fees (735) (796) (2,933) (2,128)  
Other income/(expense)(3)(4) [1] 320 (8,420) (9,259) 3,927  
Non-interest income/(loss) (415) (9,216) (12,192) 1,799  
(Provision for)/release of loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0 0 0  
Non-interest expense [2] 0 0 0 0  
Segment core earnings before income taxes [3] 2,949 (7,420) (1,805) 7,204  
Income tax expense (1,032) 2,597 633 (620)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends [3] 1,917 (4,823) (1,172) 6,584  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       (8,147)  
Segment core earnings [3] 1,917 (4,823) (1,172) (1,563)  
Segment Reporting Information, Additional Information [Abstract]          
Assets 0 0 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0 $ 0 $ 0 $ 0  
[1] (3) Includes the reclassification of interest expense related to interest rate swaps not designated as hedges, which are included in "(Losses)/gains on financial derivatives and hedging activities" on the consolidated financial statements, to determine the effective funding cost for each operating segment.
[2] (4) Includes reconciling adjustments for 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 Guaranteed Securities and USDA Securities.
[3] (5) Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.