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Business Segment Reporting - Core Earnings (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
segment
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting [Abstract]      
Number of operating segments | segment 7    
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income $ 61,875 $ 53,251  
Less: reconciling adjustments 0 0  
Net effective spread 0 0  
Guarantee and commitment fees 3,695 3,030  
Other income/(expense) 16,686 4,863  
Total revenues 82,256 61,144  
(Provision for)/release of losses (56) (913)  
Release of reserve for losses 110 944  
Operating expenses (21,388) (18,881)  
Total non-interest expense (21,278) (17,937)  
Core earnings before income taxes 60,922 42,294  
Income tax (expense)/benefit (13,085) (9,067)  
Core earnings before preferred stock dividends 47,837 33,227  
Preferred stock dividends (6,791) (5,269)  
Loss on retirement of preferred stock   0  
Segment core earnings 41,046 27,958  
Total Assets 25,789,414 24,013,911 $ 25,145,491
Total on- and off-balance sheet program assets at principal balance 24,243,410 21,862,531  
Reconciling Adjustments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0  
Less: reconciling adjustments 4,036 (608)  
Net effective spread 4,036 (608)  
Guarantee and commitment fees (862) (1,210)  
Other income/(expense) 16,172 4,412  
Total revenues 19,346 2,594  
(Provision for)/release of losses 0 0  
Release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 19,346 2,594  
Income tax (expense)/benefit (4,061) (547)  
Core earnings before preferred stock dividends 15,285 2,047  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 15,285 2,047  
Total Assets 0 0  
Total on- and off-balance sheet program assets at principal balance 0 0  
Farm & Ranch | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 31,354 27,646  
Less: reconciling adjustments (1,000) (1,184)  
Net effective spread 30,354 26,462  
Guarantee and commitment fees 4,216 3,908  
Other income/(expense) 400 572  
Total revenues 34,970 30,942  
(Provision for)/release of losses (510) 0  
Release of reserve for losses 75 731  
Operating expenses 0 0  
Total non-interest expense 75 731  
Core earnings before income taxes 34,535 31,673  
Income tax (expense)/benefit (7,252) (6,650)  
Core earnings before preferred stock dividends 27,283 25,023  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 27,283 25,023  
Total Assets 13,610,138 12,289,354  
Total on- and off-balance sheet program assets at principal balance 16,575,595 14,738,052  
Corporate AgFinance | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 7,209 6,921  
Less: reconciling adjustments 0 0  
Net effective spread 7,209 6,921  
Guarantee and commitment fees 19 8  
Other income/(expense) 114 0  
Total revenues 7,342 6,929  
(Provision for)/release of losses (515) (61)  
Release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 6,827 6,868  
Income tax (expense)/benefit (1,434) (1,441)  
Core earnings before preferred stock dividends 5,393 5,427  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 5,393 5,427  
Total Assets 1,491,127 1,644,837  
Total on- and off-balance sheet program assets at principal balance 1,540,760 1,647,796  
Rural  Utilities | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 3,193 1,754  
Less: reconciling adjustments (34) (34)  
Net effective spread 3,159 1,720  
Guarantee and commitment fees 286 319  
Other income/(expense) 0 1  
Total revenues 3,445 2,040  
(Provision for)/release of losses 1,169 (633)  
Release of reserve for losses 35 213  
Operating expenses 0 0  
Total non-interest expense 35 213  
Core earnings before income taxes 4,649 1,620  
Income tax (expense)/benefit (976) (341)  
Core earnings before preferred stock dividends 3,673 1,279  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 3,673 1,279  
Total Assets 5,480,668 4,836,306  
Total on- and off-balance sheet program assets at principal balance 6,006,446 5,382,835  
Renewable Energy | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 375 248  
Less: reconciling adjustments 0 0  
Net effective spread 375 248  
Guarantee and commitment fees 36 5  
Other income/(expense) 0 0  
Total revenues 411 253  
(Provision for)/release of losses (202) (195)  
Release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 209 58  
Income tax (expense)/benefit (44) (12)  
Core earnings before preferred stock dividends 165 46  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 165 46  
Total Assets 92,132 83,352  
Total on- and off-balance sheet program assets at principal balance 120,609 93,848  
Funding | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 19,740 16,568  
Less: reconciling adjustments (3,002) 1,826  
Net effective spread 16,738 18,394  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 0  
Total revenues 16,738 18,394  
(Provision for)/release of losses 0 0  
Release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 16,738 18,394  
Income tax (expense)/benefit (3,515) (3,863)  
Core earnings before preferred stock dividends 13,223 14,531  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 13,223 14,531  
Total Assets 0 0  
Total on- and off-balance sheet program assets at principal balance 0 0  
Investments | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 4 114  
Less: reconciling adjustments 0 0  
Net effective spread 4 114  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 0  
Total revenues 4 114  
(Provision for)/release of losses 2 (24)  
Release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 6 90  
Income tax (expense)/benefit (1) (19)  
Core earnings before preferred stock dividends 5 71  
Preferred stock dividends 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 5 71  
Total Assets 4,995,154 5,128,901  
Total on- and off-balance sheet program assets at principal balance 0 0  
Corporate | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0  
Less: reconciling adjustments 0 0  
Net effective spread 0 0  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 (122)  
Total revenues 0 (122)  
(Provision for)/release of losses 0 0  
Release of reserve for losses 0 0  
Operating expenses (21,388) (18,881)  
Total non-interest expense (21,388) (18,881)  
Core earnings before income taxes (21,388) (19,003)  
Income tax (expense)/benefit 4,198 3,806  
Core earnings before preferred stock dividends (17,190) (15,197)  
Preferred stock dividends (6,791) (5,269)  
Loss on retirement of preferred stock   0  
Segment core earnings (23,981) (20,466)  
Total Assets 120,195 31,161  
Total on- and off-balance sheet program assets at principal balance $ 0 $ 0