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Financial Derivatives - Schedule of Derivative Instruments in Statement of Financial Position (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Derivative [Line Items]          
Farmer Mac Guaranteed Securities and USDA Securities $ 76,870,000 $ 54,350,000 $ 213,479,000 $ 146,978,000  
Notional Disclosures [Abstract]          
Derivative, Notional Amount 9,703,115,000   9,703,115,000   $ 8,860,296,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 8,007,000   8,007,000   7,093,000
Financial derivatives, at fair value (17,841,000)   (17,841,000)   (26,599,000)
Derivative, Collateral [Abstract]          
Collateral Pledged 46,841,000   46,841,000   24,926,000
Derivative Asset 8,007,000   8,007,000   7,093,000
Loans 50,622,000 40,924,000 145,671,000 117,349,000  
Total interest expense (97,557,000) (64,935,000) (265,611,000) (172,797,000)  
Gain (Loss) on Derivative Instruments, Net, Pretax (628,000) (661,000) 688,000 (2,530,000)  
TotalAmountsofLineItemsPresentedintheConsolidatedStatementofIncome 30,563,000 31,000,000 92,851,000 94,060,000  
Derivative Liability 29,000,000   29,000,000   (1,673,000)
Interest Rate Swap [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 9,700,000,000   9,700,000,000   8,800,000,000
Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings 1,051,000 1,742,000 5,751,000 (716,000)  
Income_Expense related to interest settlements on fair value hedges 6,903,000 5,851,000 16,331,000 16,253,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 16,141,000 1,576,000 45,353,000 (5,466,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (15,090,000) 166,000 (39,602,000) 4,750,000  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   (191,000)   (365,000)  
Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative [Line Items]          
Gain (Loss) on Components Included from Assessment of Interest Rate Fair Value Hedge Effectiveness   (1,600,000)   700,000  
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (1,528,000) (1,892,000) (5,410,000) (6,861,000)  
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net   100,000   0  
Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 189,000 (454,000) (21,000) (1,494,000)  
Premium_Discount recognized on hedged item (2,000) (1,000) (5,000) (3,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (2,501,000) (1,169,000) (6,611,000) (2,665,000)  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments (2,314,000) (1,815,000) (6,637,000) (4,527,000)  
Cash [Member]          
Derivative, Collateral [Abstract]          
Obligation to Return Securities Received as Collateral 0   0   0
Collateral Pledged 0   0   100,000
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 8,608,000 7,864,000 22,275,000 23,425,000  
Premium_Discount recognized on hedged item (177,000) (121,000) (534,000) (311,000)  
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 2,801,164,000   2,801,164,000   2,086,347,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 860,000   860,000   5,240,000
Financial derivatives, at fair value $ (4,493,000)   $ (4,493,000)   $ (5,990,000)
Derivative, Average Fixed Interest Rate 2.04%   2.04%   1.88%
Derivative, Average Variable Interest Rate 2.13%   2.13%   1.40%
Derivative, Average Remaining Maturity     10 years 4 months 22 days   5 years 5 months 17 days
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap, Receive Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 2,131,200,000   $ 2,131,200,000   $ 1,559,700,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 682,000   682,000   110,000
Financial derivatives, at fair value $ (4,796,000)   $ (4,796,000)   $ (4,033,000)
Derivative, Average Fixed Interest Rate 2.20%   2.20%   1.38%
Derivative, Average Variable Interest Rate 1.78%   1.78%   1.45%
Derivative, Average Remaining Maturity     1 year 8 months 28 days   1 year 8 months 5 days
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 389,500,000   $ 389,500,000   $ 365,500,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 4,429,000   4,429,000   1,402,000
Financial derivatives, at fair value $ (276,000)   $ (276,000)   $ (138,000)
Derivative, Average Fixed Interest Rate 2.36%   2.36%   2.16%
Derivative, Average Variable Interest Rate 2.57%   2.57%   1.74%
Derivative, Average Remaining Maturity     6 years 1 month 6 days   5 years 10 months 3 days
Not Designated as Hedging Instrument [Member]          
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Derivative Credit Risk Valuation Adjustment, Derivative Assets $ 163,000   $ 163,000   $ 16,000
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 6,000   6,000   56,000
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   890,000   (3,611,000)  
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Total interest expense (3,048,000) (2,676,000) (8,903,000) (8,318,000)  
Gain (Loss) on Derivative Instruments, Net, Pretax (3,267,000) (1,645,000) (7,443,000) (12,324,000)  
Not Designated as Hedging Instrument [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 317,586,000   317,586,000   345,333,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 1,966,000   1,966,000   339,000
Financial derivatives, at fair value $ (8,065,000)   $ (8,065,000)   $ (16,352,000)
Derivative, Average Fixed Interest Rate 3.69%   3.69%   3.79%
Derivative, Average Variable Interest Rate 2.33%   2.33%   1.40%
Derivative, Average Remaining Maturity     6 years 5 months 22 days   6 years 8 months 5 days
Not Designated as Hedging Instrument [Member] | Interest Rate Swap, Receive Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 2,521,965,000   $ 2,521,965,000   $ 3,409,916,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 0   0   0
Financial derivatives, at fair value $ 0   $ 0   $ 0
Derivative, Average Fixed Interest Rate 1.99%   1.99%   1.24%
Derivative, Average Variable Interest Rate 2.16%   2.16%   1.25%
Derivative, Average Remaining Maturity     9 months 32 days   11 months
Not Designated as Hedging Instrument [Member] | Basis Swap [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 1,529,000,000   $ 1,529,000,000   $ 1,053,500,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 233,000   233,000   18,000
Financial derivatives, at fair value $ (206,000)   $ (206,000)   $ (106,000)
Derivative, Average Variable Interest Rate 2.01%   2.01%   1.33%
Derivative, Variable Interest Rate 2.07%   2.07%   1.42%
Derivative, Average Remaining Maturity     1 year 4 months 28 days   10 months 28 days
Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   588,000  
Not Designated as Hedging Instrument [Member] | Future [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 12,700,000   $ 12,700,000   $ 40,000,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 0   0   0
Financial derivatives, at fair value (11,000)   $ (11,000)   $ (36,000)
Derivative, Weighted-Average Forward Price     $ 118.70   $ 123.96
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (409,000) (141,000) $ (772,000) (193,000)  
Interest Income [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0   0    
Interest Income [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings (12,000) 0 3,125,000 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (13,432,000) 0 (43,229,000) 0  
Interest Income [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements 1,272,000 (2,267,000) 465,000 (8,251,000)  
Income_Expense related to interest settlements on fair value hedges 18,041,000 9,719,000 46,754,000 25,961,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 13,420,000 0 46,354,000 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Interest Income [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 0 0 0  
Interest Income [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 16,769,000 11,986,000 46,289,000 34,212,000  
Premium_Discount recognized on hedged item 0 0 0 0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Total interest expense 0 0 0 0  
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Loans and Finance Receivables [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0   0    
Loans and Finance Receivables [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings (153,000) 0 (542,000) 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (4,062,000) 0 (13,106,000) 0  
Loans and Finance Receivables [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (98,000) (342,000) (560,000) (767,000)  
Income_Expense related to interest settlements on fair value hedges 1,562,000 605,000 4,059,000 1,278,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 3,909,000 0 12,564,000 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Loans and Finance Receivables [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 0 0 0  
Loans and Finance Receivables [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 1,660,000 947,000 4,619,000 2,045,000  
Premium_Discount recognized on hedged item 0 0 0 0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Total interest expense 0 0 0 0  
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Expense [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0        
Interest Expense [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings 1,216,000 0 3,168,000 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 2,404,000 0 16,733,000 0  
Interest Expense [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (2,702,000) 717,000 (5,315,000) 2,157,000  
Income_Expense related to interest settlements on fair value hedges (12,700,000) (4,473,000) (34,482,000) (10,986,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative (1,188,000) 0 (13,565,000) 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Interest Expense [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 189,000 (454,000) (21,000) (1,494,000)  
Premium_Discount recognized on hedged item (2,000) (1,000) (5,000) (3,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (2,501,000) (1,169,000) (6,611,000) (2,665,000)  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments (2,314,000) (1,624,000) (6,637,000) (4,162,000)  
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements (9,821,000) (5,069,000) (28,633,000) (12,832,000)  
Premium_Discount recognized on hedged item (177,000) (121,000) (534,000) (311,000)  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0 0 0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Total interest expense 0 0 0 0  
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Gain (Loss) on Derivative Instruments [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (628,000) 890,000 688,000 (3,611,000)  
Gain (Loss) on Derivative Instruments [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements 0 0 0 0  
Gain (Loss) on Fair Value Hedges Recognized in Earnings 0 1,742,000 0 (716,000)  
Income_Expense related to interest settlements on fair value hedges 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 0 1,576,000 0 (5,466,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 166,000 0 4,750,000  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   (191,000)   (365,000)  
Gain (Loss) on Derivative Instruments [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 (191,000) 0 (365,000)  
Gain (Loss) on Derivative Instruments [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Total interest expense (3,048,000) (2,676,000) (8,903,000) (8,318,000)  
Gain (Loss) on Derivative Instruments, Net, Pretax (3,267,000) (1,645,000) (7,443,000) (12,324,000)  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   588,000  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax $ (409,000) $ (141,000) $ (772,000) $ (193,000)