CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets:
Cash and cash equivalents	$ 908,785	$ 1,033,941
Loans:
Loans held for investment, at amortized cost	8,314,096	7,261,933
Loans held for investment in consolidated trusts, at amortized cost	948,623	1,287,045
Allowance for losses	(14,041)	(13,832)
Total loans, net of allowance	9,248,678	8,535,146
Financial derivatives, at fair value	19,139	17,468
Interest receivable (includes $10,418 and $16,401, respectively, related to consolidated trusts)	177,355	186,429
Guarantee and commitment fees receivable	45,538	37,113
Deferred tax asset, net	15,558	18,321
Prepaid expenses and other assets	45,318	24,545
Total Assets	25,145,491	24,355,501
Liabilities:
Notes payable	22,716,156	21,848,917
Debt securities of consolidated trusts held by third parties	981,379	1,323,786
Financial derivatives, at fair value	34,248	29,892
Accrued interest payable (includes $9,353 and $18,018, respectively, related to consolidated trusts)	83,992	92,738
Guarantee and commitment obligation	43,926	35,535
Accounts payable and accrued expenses	79,427	28,879
Reserve for losses	1,950	3,277
Total Liabilities	23,941,078	23,363,024
Commitments and Contingencies
Common stock:
Additional paid-in capital	125,993	122,899
Accumulated other comprehensive income/(loss), net of tax	3,853	(13,923)
Retained earnings	579,270	509,560
Total Equity	1,204,413	992,477
Total Liabilities and Equity	25,145,491	24,355,501
Series C
Preferred stock:
Preferred stock	73,382	73,382
Series D
Preferred stock:
Preferred stock	96,659	96,659
Series E
Preferred stock:
Preferred stock	77,003	77,003
Series F
Preferred stock:
Preferred stock	116,160	116,160
Series G
Preferred stock:
Preferred stock	121,327	0
Class A voting common stock
Common stock:
Common Stock	1,031	1,031
Class B voting common stock
Common stock:
Common Stock	500	500
Class C non-voting common stock
Common stock:
Common Stock	9,235	9,206
Investment securities:
Assets:
Available-for-sale, at fair value	3,836,391	3,853,692
Held-to-maturity, at amortized cost	44,970	45,032
Other investments	1,229	0
Total Securities	3,882,590	3,898,724
Farmer Mac Guaranteed Securities:
Assets:
Available-for-sale, at fair value	6,328,559	6,947,701
Held-to-maturity, at amortized cost	2,033,239	1,175,792
Total Securities	8,361,798	8,123,493
USDA Securities:
Assets:
Held-to-maturity, at amortized cost	2,436,331	2,473,626
Trading, at fair value	4,401	6,695
Total Securities	$ 2,440,732	$ 2,480,321