Quarterly Financial Information (Unaudited) - Quarterly Financial Information (Unaudited)(Tables)

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Table Text Block]

Table 15.1

	2017 Quarter Ended
	Dec. 31			Sept. 30			June 30			Mar. 31
	(in thousands, except per share amounts)
Interest income:
Interest income	$	111,371		$	104,497		$	98,047		$	86,617
Interest expense	70,088			64,935			58,316			49,546
Net interest income	41,283			39,562			39,731			37,071
Provision for loan losses	(474		)	(270		)	(327		)	(637		)
Net interest income after provision for loan losses	40,809			39,292			39,404			36,434
Non-interest income:
Guarantee and commitment fees	3,484			3,314			3,472			3,844
(Losses)/gains on financial derivatives and hedging activities	(1,777		)	661			(617		)	2,486
Gains/(losses) on trading assets	60			—			(2		)	(82		)
Gains on sale of available-for-sale investment securities	—			89			—			—
Gains/(losses) on sale of real estate owned	964			32			757			(5		)
Other (loss)/income	(58		)	203			134			553
Non-interest income	2,673			4,299			3,744			6,796
Non-interest expense	10,210			10,616			11,390			10,549
Income before income taxes	33,272			32,975			31,758			32,681
Income tax expense	13,266			11,193			11,124			10,786
Net income	20,006			21,782			20,634			21,895
Less: Net loss attributable to non-controlling interest	—			—			150			15
Net income attributable to Farmer Mac	20,006			21,782			20,784			21,910
Preferred stock dividends	(3,296		)	(3,295		)	(3,296		)	(3,295		)
Net income attributable to common stockholders	$	16,710		$	18,487		$	17,488		$	18,615
Earnings per common share:
Basic earnings per common share	$	1.57		$	1.74		$	1.65		$	1.76
Diluted earnings per common share	$	1.55		$	1.71		$	1.62		$	1.73

	2016 Quarter Ended
	Dec. 31			Sept. 30			June 30			Mar. 31
	(in thousands, except per share amounts)
Interest income:
Interest income	$	81,241		$	79,532		$	77,236		$	73,891
Interest expense	44,528			43,969			42,878			40,251
Net interest income	36,713			35,563			34,358			33,640
Provision for loan losses	(461		)	(191		)	(364		)	(49		)
Net interest income after provision for loan losses	36,252			35,372			33,994			33,591
Non-interest income/(loss):
Guarantee and commitment fees	3,789			3,798			3,655			3,626
Gains/(losses) on financial derivatives and hedging activities	15,390			(1,601		)	(4,696		)	(6,782		)
(Losses)/gains on trading assets	(474		)	1,182			394			358
Losses on sale of available-for-sale investment securities	—			—			—			(9		)
Gains on sale of real estate owned	—			15			—			—
Other income	602			707			413			101
Non-interest income/(loss)	19,307			4,101			(234		)	(2,706		)
Non-interest expense	10,977			9,303			10,074			9,966
Income before income taxes	44,582			30,170			23,686			20,919
Income tax expense	15,793			10,529			8,400			7,335
Net income	28,789			19,641			15,286			13,584
Less: Net income)/loss attributable to non-controlling interest	(28		)	18			16			28
Net income attributable to Farmer Mac	28,761			19,659			15,302			13,612
Preferred stock dividends	(3,296		)	(3,295		)	(3,296		)	(3,295		)
Net income attributable to common stockholders	$	25,465		$	16,364		$	12,006		$	10,317
Earnings per common share:
Basic earnings per common share	$	2.42		$	1.56		$	1.15		$	0.99
Diluted earnings per common share	$	2.38		$	1.54		$	1.13		$	0.94