CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets:
Cash and cash equivalents	$ 868,234	$ 908,785
Loans:
Loans held for investment, at amortized cost	8,817,783	8,314,096
Loans held for investment in consolidated trusts, at amortized cost	1,120,403	948,623
Allowance for losses	(13,002)	(14,041)
Total loans, net of allowance	9,925,184	9,248,678
Financial derivatives	49,968	6,081
Accrued interest receivable (includes $7,798 and $10,418, respectively, related to consolidated trusts)	167,962	165,604
Guarantee and commitment fees receivable	46,347	45,538
Deferred tax asset, net	18,978	15,869
Prepaid expenses and other assets	183,368	45,334
Total Assets	26,441,588	25,121,009
Liabilities:
Notes payable	23,500,657	22,713,771
Debt securities of consolidated trusts held by third parties	1,090,539	981,379
Financial derivatives	184,554	35,554
Accrued interest payable (includes $9,353 and $18,018, respectively, related to consolidated trusts)	90,821	59,003
Guarantee and commitment obligation	45,726	43,926
Accounts payable and accrued expenses	295,758	71,726
Reserve for losses	1,510	1,950
Total Liabilities	25,209,565	23,907,309
Commitments and Contingencies (Note 6)
Common stock:
Additional paid-in capital	128,117	125,993
Accumulated other comprehensive (loss)/income, net of tax	(63,589)	3,853
Retained earnings	672,164	588,557
Total Equity	1,232,023	1,213,700
Total Liabilities and Equity	26,441,588	25,121,009
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	121,327
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	9,269	9,235
Investment securities:
Assets:
Available-for-sale, at fair value	4,401,879	3,836,391
Amortized Cost	45,032	44,970
Other investments	2,106	1,229
Total Securities	4,449,017	3,882,590
Farmer Mac Guaranteed Securities:
Assets:
Available-for-sale, at fair value	6,974,002	6,328,559
Amortized Cost	1,328,039	2,033,239
Total Securities	8,302,041	8,361,798
USDA Securities:
Assets:
Amortized Cost	2,428,638	2,436,331
Trading, at fair value	1,851	4,401
Total Securities	$ 2,430,489	$ 2,440,732