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Business Segment Reporting - Core Earnings (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income $ 55,005 $ 44,661 $ 163,385 $ 134,321  
Less: reconciling adjustments 0 0 0 0  
Net effective spread 0 0 0 0  
Guarantee and commitment fees 3,155 3,159 9,182 9,495  
Other income/(expense) (1,475) (228) 695 (388)  
Non-interest income/(loss) 1,680 2,931 9,877 9,107  
(Provision for)/release of losses (366) (653) (518) (4,542)  
Release of reserve for losses 111 (547) 1,277 (540)  
Other non-interest expense (17,107) (14,560) (52,866) (44,882)  
Non-interest expense (16,996) (15,107) (51,589) (45,422)  
Core earnings before income taxes 39,323 31,832 121,155 93,464  
Income tax (expense)/benefit (8,260) (6,340) (25,579) (19,516)  
Core earnings before preferred stock dividends 31,063 25,492 95,576 73,948  
Preferred stock dividends (6,774) (5,166) (17,885) (12,536)  
Loss on retirement of preferred stock   (1,667)   (1,667)  
Segment core earnings 24,289 18,659 77,691 59,745  
Total assets at carrying value 24,744,368 23,998,837 24,744,368 23,998,837 $ 24,355,501
Total on- and off-balance sheet program assets at principal balance 23,118,791 21,989,288 23,118,791 21,989,288  
Corporate          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,938 1,941 8,234 5,025  
Less: reconciling adjustments (50) 431 190 74  
Net effective spread 2,888 2,372 8,424 5,099  
Guarantee and commitment fees 0 0 0 0  
Other income/(expense) 128 (125) (123) (413)  
Non-interest income/(loss) 128 (125) (123) (413)  
(Provision for)/release of losses 6 1 (16) (28)  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (4,145) (3,938) (13,903) (12,171)  
Non-interest expense (4,145) (3,938) (13,903) (12,171)  
Core earnings before income taxes (1,123) (1,690) (5,618) (7,513)  
Income tax (expense)/benefit 234 701 1,043 1,689  
Core earnings before preferred stock dividends (889) (989) (4,575) (5,824)  
Preferred stock dividends (6,774) (5,166) (17,885) (12,536)  
Loss on retirement of preferred stock   0   0  
Segment core earnings (7,663) (6,155) (22,460) (18,360)  
Total assets at carrying value 4,693,750 4,576,909 4,693,750 4,576,909  
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 (920) (7,141) (2,950) (8,113)  
Net effective spread (920) (7,141) (2,950) (8,113)  
Guarantee and commitment fees (1,167) (1,500) (3,714) (5,003)  
Other income/(expense) (2,162) (681) (744) (3,048)  
Non-interest income/(loss) (3,329) (2,181) (4,458) (8,051)  
(Provision for)/release of 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 (4,249) (9,322) (7,408) (16,164)  
Income tax (expense)/benefit 892 1,957 1,556 3,395  
Core earnings before preferred stock dividends (3,357) (7,365) (5,852) (12,769)  
Preferred stock dividends   0 0 0  
Loss on retirement of preferred stock   (1,667)   (1,667)  
Segment core earnings (3,357) (9,032) (5,852) (14,436)  
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)/release of losses (414) 300 239 412  
Release of reserve for losses 91 (628) 994 (262)  
Farm & Ranch | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 24,893 18,093 70,805 53,768  
Less: reconciling adjustments (526) (68) (1,006) (4,072)  
Net effective spread 24,367 18,025 69,799 49,696  
Guarantee and commitment fees 3,831 4,111 11,403 12,822  
Other income/(expense) 405 443 1,118 2,197  
Non-interest income/(loss) 4,236 4,554 12,521 15,019  
(Provision for)/release of losses (414) 300 239 412  
Release of reserve for losses 91 (628) 994 (262)  
Other non-interest expense (6,275) (5,381) (18,679) (16,632)  
Non-interest expense (6,184) (6,009) (17,685) (16,894)  
Core earnings before income taxes 22,005 16,870 64,874 48,233  
Income tax (expense)/benefit (4,621) (3,543) (13,623) (10,129)  
Core earnings before preferred stock dividends 17,384 13,327 51,251 38,104  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings 17,384 13,327 51,251 38,104  
Total assets at carrying value 6,883,879 5,961,307 6,883,879 5,961,307  
Total on- and off-balance sheet program assets at principal balance 9,445,359 8,249,349 9,445,359 8,249,349  
USDA Guarantees | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 6,449 4,747 18,227 14,691  
Less: reconciling adjustments 398 1,118 1,969 488  
Net effective spread 6,847 5,865 20,196 15,179  
Guarantee and commitment fees 166 213 522 658  
Other income/(expense) 152 135 441 864  
Non-interest income/(loss) 318 348 963 1,522  
(Provision for)/release of losses 0 0 0 0  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (2,284) (1,643) (7,080) (5,045)  
Non-interest expense (2,284) (1,643) (7,080) (5,045)  
Core earnings before income taxes 4,881 4,570 14,079 11,656  
Income tax (expense)/benefit (1,025) (960) (2,957) (2,448)  
Core earnings before preferred stock dividends 3,856 3,610 11,122 9,208  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings 3,856 3,610 11,122 9,208  
Total assets at carrying value 2,522,382 2,487,687 2,522,382 2,487,687  
Total on- and off-balance sheet program assets at principal balance 2,722,702 2,735,128 2,722,702 2,735,128  
Rural Utilities          
Segment Reporting Information, Profit (Loss) [Abstract]          
(Provision for)/release of losses 120 (1,182) (701) (4,704)  
Release of reserve for losses 20 80 283 (279)  
Rural Utilities | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 7,018 5,709 19,995 12,778  
Less: reconciling adjustments (554) 1,230 (242) 4,597  
Net effective spread 6,464 6,939 19,753 17,375  
Guarantee and commitment fees 320 328 956 995  
Other income/(expense) 2 0 3 12  
Non-interest income/(loss) 322 328 959 1,007  
(Provision for)/release of losses 120 (1,182) (701) (4,704)  
Release of reserve for losses 20 81 283 (278)  
Other non-interest expense (1,889) (1,438) (5,784) (4,428)  
Non-interest expense (1,869) (1,357) (5,501) (4,706)  
Core earnings before income taxes 5,037 4,728 14,510 8,972  
Income tax (expense)/benefit (1,058) (993) (3,047) (1,884)  
Core earnings before preferred stock dividends 3,979 3,735 11,463 7,088  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings 3,979 3,735 11,463 7,088  
Total assets at carrying value 2,249,071 2,256,011 2,249,071 2,256,011  
Total on- and off-balance sheet program assets at principal balance 2,817,427 2,685,309 2,817,427 2,685,309  
Institutional Credit | Operating Segments          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 13,707 14,171 46,124 48,059  
Less: reconciling adjustments 1,652 4,430 2,039 7,026  
Net effective spread 15,359 18,601 48,163 55,085  
Guarantee and commitment fees 5 7 15 23  
Other income/(expense) 0 0 0 0  
Non-interest income/(loss) 5 7 15 23  
(Provision for)/release of losses (78) 228 (40) (222)  
Release of reserve for losses 0 0 0 0  
Other non-interest expense (2,514) (2,160) (7,420) (6,606)  
Non-interest expense (2,514) (2,160) (7,420) (6,606)  
Core earnings before income taxes 12,772 16,676 40,718 48,280  
Income tax (expense)/benefit (2,682) (3,502) (8,551) (10,139)  
Core earnings before preferred stock dividends 10,090 13,174 32,167 38,141  
Preferred stock dividends 0 0 0 0  
Loss on retirement of preferred stock   0   0  
Segment core earnings 10,090 13,174 32,167 38,141  
Total assets at carrying value 8,395,286 8,716,923 8,395,286 8,716,923  
Total on- and off-balance sheet program assets at principal balance $ 8,133,303 $ 8,319,502 $ 8,133,303 $ 8,319,502