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Business Segment Reporting - Core Earnings - Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income $ 48,348 $ 43,054 $ 89,660 $ 83,653  
Less: reconciling adjustments 0 0 0 0  
Net effective spread 0 0 0 0  
Guarantee and commitment fees 3,140 3,403 6,336 6,916  
Other income/(expense) 7,731 9,329 (160) 9,506  
Non-interest income/(loss) 10,871 12,732 6,176 16,422  
Provision for losses (451) (578) (3,889) (314)  
Provision for reserve for losses 400 158 7 287  
Other non-interest expense (14,107) (12,210) (30,322) (25,100)  
Non-interest expense (13,707) (12,052) (30,315) (24,813)  
Core earnings before income taxes 45,061 43,156 61,632 74,948  
Income tax (expense)/benefit (9,435) (9,111) (13,176) (15,733)  
Core earnings before preferred stock dividends 35,626 34,045 48,456 59,215  
Preferred stock dividends (3,939) (3,785) (7,370) (7,081)  
Loss on retirement of preferred stock 0 (1,956) 0 (1,956)  
Segment core earnings/(losses) 31,687 28,304 41,086 50,178  
Total assets at carrying value 23,932,656 20,738,160 23,932,656 20,738,160 $ 21,709,374
Total on- and off-balance sheet program assets at principal balance 22,042,108 20,746,735 22,042,108 20,746,735  
Corporate          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 1,229 2,824 3,084 5,786  
Less: reconciling adjustments (480) (268) (357) (736)  
Net effective spread 749 2,556 2,727 5,050  
Guarantee and commitment fees 0 0 0 0  
Other income/(expense) (159) 582 (288) 604  
Non-interest income/(loss) (159) 582 (288) 604  
Provision for losses (15) 0 (29) 0  
Provision for reserve for losses 0 0 0 0  
Other non-interest expense (3,800) (3,428) (8,233) (7,066)  
Non-interest expense (3,800) (3,428) (8,233) (7,066)  
Core earnings before income taxes (3,225) (290) (5,823) (1,412)  
Income tax (expense)/benefit 705 13 988 303  
Core earnings before preferred stock dividends (2,520) (277) (4,835) (1,109)  
Preferred stock dividends (3,939) (3,785) (7,370) (7,081)  
Loss on retirement of preferred stock   0   0  
Segment core earnings/(losses) (6,459) (4,062) (12,205) (8,190)  
Total assets at carrying value 4,446,504 3,452,842 4,446,504 3,452,842  
Total on- and off-balance sheet program assets at principal balance 0 0 0 0  
Reconciling Adjustments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 0 0 0 0  
Less: reconciling adjustments 1,879 1,699 (972) 3,497  
Net effective spread 1,879 1,699 (972) 3,497  
Guarantee and commitment fees (1,803) (1,873) (3,503) (3,779)  
Other income/(expense) 6,683 8,552 (2,367) 8,220  
Non-interest income/(loss) 4,880 6,679 (5,870) 4,441  
Provision for losses 0 0 0 0  
Provision for reserve for losses 0 0 0 0  
Other non-interest expense 0 0 0 0  
Non-interest expense 0 0 0 0  
Core earnings before income taxes 6,759 8,378 (6,842) 7,938  
Income tax (expense)/benefit (1,419) (1,760) 1,438 (1,667)  
Core earnings before preferred stock dividends 5,340 6,618 (5,404) 6,271  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   (1,956)   (1,956)  
Segment core earnings/(losses) 5,340 4,662 (5,404) 4,315  
Total assets at carrying value 0 0 0 0  
Total on- and off-balance sheet program assets at principal balance 0 0 0 0  
Farm & Ranch          
Segment Reporting Information, Profit (Loss) [Abstract]          
Provision for losses 920   112    
Provision for reserve for losses 370 158 366 287  
Farm & Ranch | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 19,310 15,797 35,675 31,079  
Less: reconciling adjustments (2,577) (2,462) (4,004) (5,007)  
Net effective spread 16,733 13,335 31,671 26,072  
Guarantee and commitment fees 4,394 4,594 8,711 9,338  
Other income/(expense) 585 188 1,754 668  
Non-interest income/(loss) 4,979 4,782 10,465 10,006  
Provision for losses 920 (578) 112 (314)  
Provision for reserve for losses 370 158 366 287  
Other non-interest expense (5,254) (4,587) (11,251) (9,386)  
Non-interest expense (4,884) (4,429) (10,885) (9,099)  
Core earnings before income taxes 17,748 13,110 31,363 26,665  
Income tax (expense)/benefit (3,727) (2,753) (6,586) (5,600)  
Core earnings before preferred stock dividends 14,021 10,357 24,777 21,065  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings/(losses) 14,021 10,357 24,777 21,065  
Total assets at carrying value 5,746,556 4,872,766 5,746,556 4,872,766  
Total on- and off-balance sheet program assets at principal balance 8,017,850 7,291,352 8,017,850 7,291,352  
USDA Guarantees | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 5,403 4,112 9,944 8,554  
Less: reconciling adjustments (714) (15) (630) (493)  
Net effective spread 4,689 4,097 9,314 8,061  
Guarantee and commitment fees 210 238 445 462  
Other income/(expense) 617 0 729 0  
Non-interest income/(loss) 827 238 1,174 462  
Provision for losses 0 0 0 0  
Provision for reserve for losses 0 0 0 0  
Other non-interest expense (1,584) (1,345) (3,402) (2,773)  
Non-interest expense (1,584) (1,345) (3,402) (2,773)  
Core earnings before income taxes 3,932 2,990 7,086 5,750  
Income tax (expense)/benefit (826) (628) (1,488) (1,208)  
Core earnings before preferred stock dividends 3,106 2,362 5,598 4,542  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings/(losses) 3,106 2,362 5,598 4,542  
Total assets at carrying value 2,408,713 2,198,514 2,408,713 2,198,514  
Total on- and off-balance sheet program assets at principal balance 2,677,807 2,521,394 2,677,807 2,521,394  
Rural  Utilities          
Segment Reporting Information, Profit (Loss) [Abstract]          
Provision for losses (1,397)   (3,522)    
Provision for reserve for losses 30 0 (359) 0  
Rural  Utilities | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,322 3,936 7,069 3,662  
Less: reconciling adjustments 3,194 60 3,367 3,567  
Net effective spread 5,516 3,996 10,436 7,229  
Guarantee and commitment fees 332 358 667 721  
Other income/(expense) 5 7 12 14  
Non-interest income/(loss) 337 365 679 735  
Provision for losses (1,397) 0 (3,522) 0  
Provision for reserve for losses 30 0 (359) 0  
Other non-interest expense (1,386) (816) (2,990) (1,682)  
Non-interest expense (1,356) (816) (3,349) (1,682)  
Core earnings before income taxes 3,100 3,545 4,244 6,282  
Income tax (expense)/benefit (651) (744) (891) (1,319)  
Core earnings before preferred stock dividends 2,449 2,801 3,353 4,963  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings/(losses) 2,449 2,801 3,353 4,963  
Total assets at carrying value 2,281,490 1,580,979 2,281,490 1,580,979  
Total on- and off-balance sheet program assets at principal balance 2,691,621 2,155,671 2,691,621 2,155,671  
Institutional Credit | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 20,084 16,385 33,888 34,572  
Less: reconciling adjustments (1,302) 986 2,596 (828)  
Net effective spread 18,782 17,371 36,484 33,744  
Guarantee and commitment fees 7 86 16 174  
Other income/(expense) 0 0 0 0  
Non-interest income/(loss) 7 86 16 174  
Provision for losses 41 0 (450) 0  
Provision for reserve for losses 0 0 0 0  
Other non-interest expense (2,083) (2,034) (4,446) (4,193)  
Non-interest expense (2,083) (2,034) (4,446) (4,193)  
Core earnings before income taxes 16,747 15,423 31,604 29,725  
Income tax (expense)/benefit (3,517) (3,239) (6,637) (6,242)  
Core earnings before preferred stock dividends 13,230 12,184 24,967 23,483  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings/(losses) 13,230 12,184 24,967 23,483  
Total assets at carrying value 9,049,393 8,633,059 9,049,393 8,633,059  
Total on- and off-balance sheet program assets at principal balance $ 8,654,830 $ 8,778,318 $ 8,654,830 $ 8,778,318