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Business Segment Reporting - Core Earnings (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income $ 55,129 $ 48,348 $ 108,380 $ 89,660  
Less: reconciling adjustments 0 0 0 0  
Net effective spread 0 0 0 0  
Guarantee and commitment fees 2,997 3,140 6,027 6,336  
Other income/(expense) (2,693) 7,731 2,170 (160)  
Non-interest income/(loss) 304 10,871 8,197 6,176  
Release of/(provision for) losses 761 (451) (152) (3,889)  
Release of reserve for losses 222 400 1,166 7  
Other non-interest expense (16,878) (14,107) (35,759) (30,322)  
Non-interest expense (16,656) (13,707) (34,593) (30,315)  
Core earnings before income taxes 39,538 45,061 81,832 61,632  
Income tax (expense)/benefit (8,252) (9,435) (17,319) (13,176)  
Core earnings before preferred stock dividends 31,286 35,626 64,513 48,456  
Preferred stock dividends (5,842) (3,939) (11,111) (7,370)  
Loss on retirement of preferred stock     0    
Segment core earnings 25,444 31,687 53,402 41,086  
Total assets at carrying value 24,181,245 23,932,656 24,181,245 23,932,656 $ 24,355,501
Total on- and off-balance sheet program assets at principal balance 22,197,161 22,042,108 22,197,161 22,042,108  
Corporate          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,761 1,229 5,296 3,084  
Less: reconciling adjustments 84 (480) 240 (357)  
Net effective spread 2,845 749 5,536 2,727  
Guarantee and commitment fees 0 0 0 0  
Other income/(expense) (128) (159) (251) (288)  
Non-interest income/(loss) (128) (159) (251) (288)  
Release of/(provision for) losses 3 (15) (22) (29)  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (4,606) (3,800) (9,758) (8,233)  
Non-interest expense (4,606) (3,800) (9,758) (8,233)  
Core earnings before income taxes (1,886) (3,225) (4,495) (5,823)  
Income tax (expense)/benefit 444 705 809 988  
Core earnings before preferred stock dividends (1,442) (2,520) (3,686) (4,835)  
Preferred stock dividends (5,842) (3,939) (11,111) (7,370)  
Loss on retirement of preferred stock     0    
Segment core earnings (7,284) (6,459) (14,797) (12,205)  
Total assets at carrying value 4,759,010 4,446,504 4,759,010 4,446,504  
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 (1,422) 1,879 (2,030) (972)  
Net effective spread (1,422) 1,879 (2,030) (972)  
Guarantee and commitment fees (1,337) (1,803) (2,547) (3,503)  
Other income/(expense) (2,994) 6,683 1,418 (2,367)  
Non-interest income/(loss) (4,331) 4,880 (1,129) (5,870)  
Release of/(provision for) losses 0 0 0 0  
Release of 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 (5,753) 6,759 (3,159) (6,842)  
Income tax (expense)/benefit 1,211 (1,419) 664 1,438  
Core earnings before preferred stock dividends (4,542) 5,340 (2,495) (5,404)  
Preferred stock dividends   0 0 0  
Loss on retirement of preferred stock     0    
Segment core earnings (4,542) 5,340 (2,495) (5,404)  
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]          
Release of/(provision for) losses 626 920 653 112  
Release of reserve for losses 172 370 903 366  
Farm & Ranch | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 24,057 19,310 45,912 35,675  
Less: reconciling adjustments (79) (2,577) (480) (4,004)  
Net effective spread 23,978 16,733 45,432 31,671  
Guarantee and commitment fees 3,839 4,394 7,572 8,711  
Other income/(expense) 309 585 713 1,754  
Non-interest income/(loss) 4,148 4,979 8,285 10,465  
Release of/(provision for) losses 626 920 653 112  
Release of reserve for losses 172 370 903 366  
Other non-interest expense (5,855) (5,254) (12,404) (11,251)  
Non-interest expense (5,683) (4,884) (11,501) (10,885)  
Core earnings before income taxes 23,069 17,748 42,869 31,363  
Income tax (expense)/benefit (4,844) (3,727) (9,002) (6,586)  
Core earnings before preferred stock dividends 18,225 14,021 33,867 24,777  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock     0    
Segment core earnings 18,225 14,021 33,867 24,777  
Total assets at carrying value 6,716,880 5,746,556 6,716,880 5,746,556  
Total on- and off-balance sheet program assets at principal balance 9,056,152 8,017,850 9,056,152 8,017,850  
USDA Guarantees | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 6,089 5,403 11,778 9,944  
Less: reconciling adjustments 893 (714) 1,571 (630)  
Net effective spread 6,982 4,689 13,349 9,314  
Guarantee and commitment fees 173 210 356 445  
Other income/(expense) 120 617 289 729  
Non-interest income/(loss) 293 827 645 1,174  
Release of/(provision for) losses 0 0 0 0  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (2,263) (1,584) (4,796) (3,402)  
Non-interest expense (2,263) (1,584) (4,796) (3,402)  
Core earnings before income taxes 5,012 3,932 9,198 7,086  
Income tax (expense)/benefit (1,053) (826) (1,932) (1,488)  
Core earnings before preferred stock dividends 3,959 3,106 7,266 5,598  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock     0    
Segment core earnings 3,959 3,106 7,266 5,598  
Total assets at carrying value 2,506,410 2,408,713 2,506,410 2,408,713  
Total on- and off-balance sheet program assets at principal balance 2,726,909 2,677,807 2,726,909 2,677,807  
Rural Utilities          
Segment Reporting Information, Profit (Loss) [Abstract]          
Release of/(provision for) losses 181 (1,397) (821) (3,522)  
Release of reserve for losses 50 30 263 (359)  
Rural Utilities | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 5,328 2,322 12,977 7,069  
Less: reconciling adjustments 1,287 3,194 312 3,367  
Net effective spread 6,615 5,516 13,289 10,436  
Guarantee and commitment fees 317 332 636 667  
Other income/(expense) 0 5 1 12  
Non-interest income/(loss) 317 337 637 679  
Release of/(provision for) losses 181 (1,397) (821) (3,522)  
Release of reserve for losses 50 30 263 (359)  
Other non-interest expense (1,838) (1,386) (3,895) (2,990)  
Non-interest expense (1,788) (1,356) (3,632) (3,349)  
Core earnings before income taxes 5,325 3,100 9,473 4,244  
Income tax (expense)/benefit (1,118) (651) (1,989) (891)  
Core earnings before preferred stock dividends 4,207 2,449 7,484 3,353  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock     0    
Segment core earnings 4,207 2,449 7,484 3,353  
Total assets at carrying value 2,272,425 2,281,490 2,272,425 2,281,490  
Total on- and off-balance sheet program assets at principal balance 2,780,027 2,691,621 2,780,027 2,691,621  
Institutional Credit | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 16,894 20,084 32,417 33,888  
Less: reconciling adjustments (763) (1,302) 387 2,596  
Net effective spread 16,131 18,782 32,804 36,484  
Guarantee and commitment fees 5 7 10 16  
Other income/(expense) 0 0 0 0  
Non-interest income/(loss) 5 7 10 16  
Release of/(provision for) losses (49) 41 38 (450)  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (2,316) (2,083) (4,906) (4,446)  
Non-interest expense (2,316) (2,083) (4,906) (4,446)  
Core earnings before income taxes 13,771 16,747 27,946 31,604  
Income tax (expense)/benefit (2,892) (3,517) (5,869) (6,637)  
Core earnings before preferred stock dividends 10,879 13,230 22,077 24,967  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock     0    
Segment core earnings 10,879 13,230 22,077 24,967  
Total assets at carrying value 7,926,520 9,049,393 7,926,520 9,049,393  
Total on- and off-balance sheet program assets at principal balance $ 7,634,073 $ 8,654,830 $ 7,634,073 $ 8,654,830