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Business Segment Reporting - Core Earnings (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
segment
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Segment Reporting [Abstract]      
Number of operating segments | segment 7    
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income $ 270,940 $ 221,951 $ 195,848
Guarantee and commitment fees 13,040 12,669 12,549
Gain on the sale of mortgage loans 0 6,539 0
Other income/(expense) 25,131 2,531 5,744
Total revenues 309,111 243,690 214,141
(Provision for)/release of losses (1,323) 860 (7,805)
Release of/(provision for) reserve for losses 517 1,327 (250)
Operating expenses (82,626) (73,416) (61,403)
Total non-interest expense (82,109) (72,089) (61,653)
Core earnings before income taxes 225,679 172,461 144,683
Income tax (expense)/benefit (47,535) (36,372) (30,307)
Core earnings before preferred stock dividends 178,144 136,089 114,376
Preferred stock dividends (27,165) (24,677) (17,805)
Loss on retirement of preferred stock     (1,667)
Segment core earnings/(losses) 150,979 111,412 94,904
Total Assets 27,333,110 25,121,009 24,330,328
Total on- and off-balance sheet program assets at principal balance 25,922,082 23,614,463 21,924,095
Reconciling Adjustments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0 0
Less: reconciling adjustments 15,411 1,283 (1,108)
Net Effective Spread 15,411 1,283 (1,108)
Guarantee and commitment fees (5,104) (4,864) (6,601)
Gain on the sale of mortgage loans   0  
Other income/(expense) 23,447 851 2,594
Total revenues 33,754 (2,730) (5,115)
(Provision for)/release of losses 0 0 0
Release of/(provision for) reserve for losses 0 0 0
Operating expenses 0 0 0
Total non-interest expense 0 0 0
Core earnings before income taxes 33,754 (2,730) (5,115)
Income tax (expense)/benefit (7,089) 572 1,074
Core earnings before preferred stock dividends 26,665 (2,158) (4,041)
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     (1,667)
Segment core earnings/(losses) 26,665 (2,158) (5,708)
Total Assets 0 0 0
Total on- and off-balance sheet program assets at principal balance 0 0 0
Farm & Ranch      
Segment Reporting Information, Profit (Loss) [Abstract]      
(Provision for)/release of losses (1,246) 1,576 (3,068)
Farm & Ranch | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 133,218 118,289 96,355
Less: reconciling adjustments (4,161) (4,753) (6,197)
Net Effective Spread 129,057 113,536 90,158
Guarantee and commitment fees 16,718 16,178 17,800
Gain on the sale of mortgage loans   6,539  
Other income/(expense) 1,420 1,966 3,652
Total revenues 147,195 138,219 111,610
(Provision for)/release of losses (1,463) 1,574 (2,941)
Release of/(provision for) reserve for losses 247 1,034 (80)
Operating expenses (819) 0 0
Total non-interest expense (572) 1,034 (80)
Core earnings before income taxes 145,160 140,827 108,589
Income tax (expense)/benefit (30,482) (29,574) (22,802)
Core earnings before preferred stock dividends 114,678 111,253 85,787
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) 114,678 111,253 85,787
Total Assets 14,623,596 13,112,193 12,373,781
Total on- and off-balance sheet program assets at principal balance 17,728,792 16,094,640 14,872,894
Corporate AgFinance      
Segment Reporting Information, Profit (Loss) [Abstract]      
(Provision for)/release of losses (2,171) (219) 109
Corporate AgFinance | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 29,209 27,081 21,441
Less: reconciling adjustments 0 0 0
Net Effective Spread 29,209 27,081 21,441
Guarantee and commitment fees 139 48 5
Gain on the sale of mortgage loans   0  
Other income/(expense) 261 0 0
Total revenues 29,609 27,129 21,446
(Provision for)/release of losses (2,136) (210) 36
Release of/(provision for) reserve for losses 0 0 0
Operating expenses 0 0 0
Total non-interest expense 0 0 0
Core earnings before income taxes 27,473 26,919 21,482
Income tax (expense)/benefit (5,768) (5,653) (4,511)
Core earnings before preferred stock dividends 21,705 21,266 16,971
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) 21,705 21,266 16,971
Total Assets 1,541,151 1,507,848 1,663,581
Total on- and off-balance sheet program assets at principal balance 1,603,507 1,537,834 1,664,115
Rural  Utilities | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 16,175 8,224 7,083
Less: reconciling adjustments (103) (157) (207)
Net Effective Spread 16,072 8,067 6,876
Guarantee and commitment fees 1,238 1,287 1,345
Gain on the sale of mortgage loans   0  
Other income/(expense) 0 5 32
Total revenues 17,310 9,359 8,253
(Provision for)/release of losses 2,751 (291) (4,763)
Release of/(provision for) reserve for losses 270 293 (170)
Operating expenses 0 0 0
Total non-interest expense 270 293 (170)
Core earnings before income taxes 20,331 9,361 3,320
Income tax (expense)/benefit (4,268) (1,965) (697)
Core earnings before preferred stock dividends 16,063 7,396 2,623
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) 16,063 7,396 2,623
Total Assets 5,867,517 5,344,707 4,760,585
Total on- and off-balance sheet program assets at principal balance 6,359,613 5,895,226 5,314,051
Renewable Energy | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 2,483 1,219 303
Less: reconciling adjustments 0 0 0
Net Effective Spread 2,483 1,219 303
Guarantee and commitment fees 49 20 0
Gain on the sale of mortgage loans   0  
Other income/(expense) 0 0 0
Total revenues 2,532 1,239 303
(Provision for)/release of losses (494) (198) (110)
Release of/(provision for) reserve for losses 0 0 0
Operating expenses 0 0 0
Total non-interest expense 0 0 0
Core earnings before income taxes 2,038 1,041 193
Income tax (expense)/benefit (428) (219) (41)
Core earnings before preferred stock dividends 1,610 822 152
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) 1,610 822 152
Total Assets 219,609 87,553 73,493
Total on- and off-balance sheet program assets at principal balance 230,170 86,763 73,035
Funding | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 96,613 66,581 71,706
Less: reconciling adjustments (11,147) 3,627 7,512
Net Effective Spread 85,466 70,208 79,218
Guarantee and commitment fees 0 0 0
Gain on the sale of mortgage loans   0  
Other income/(expense) 0 0 0
Total revenues 85,466 70,208 79,218
(Provision for)/release of losses 0 0 0
Release of/(provision for) reserve for losses 0 0 0
Operating expenses 0 0 0
Total non-interest expense 0 0 0
Core earnings before income taxes 85,466 70,208 79,218
Income tax (expense)/benefit (17,949) (14,744) (16,636)
Core earnings before preferred stock dividends 67,517 55,464 62,582
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) 67,517 55,464 62,582
Total Assets 0 0 0
Total on- and off-balance sheet program assets at principal balance 0 0 0
Investments | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income (6,758) 557 (1,040)
Less: reconciling adjustments 0 0 0
Net Effective Spread (6,758) 557 (1,040)
Guarantee and commitment fees 0 0 0
Gain on the sale of mortgage loans   0  
Other income/(expense) 0 0 0
Total revenues (6,758) 557 (1,040)
(Provision for)/release of losses 19 (15) (27)
Release of/(provision for) reserve for losses 0 0 0
Operating expenses 0 0 0
Total non-interest expense 0 0 0
Core earnings before income taxes (6,739) 542 (1,067)
Income tax (expense)/benefit 1,416 (114) 224
Core earnings before preferred stock dividends (5,323) 428 (843)
Preferred stock dividends 0 0 0
Loss on retirement of preferred stock     0
Segment core earnings/(losses) (5,323) 428 (843)
Total Assets 4,806,010 5,012,827 5,415,596
Total on- and off-balance sheet program assets at principal balance 0 0 0
Corporate | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0 0
Less: reconciling adjustments 0 0 0
Net Effective Spread 0 0 0
Guarantee and commitment fees 0 0 0
Gain on the sale of mortgage loans   0  
Other income/(expense) 3 (291) (534)
Total revenues 3 (291) (534)
(Provision for)/release of losses 0 0 0
Release of/(provision for) reserve for losses 0 0 0
Operating expenses (81,807) (73,416) (61,403)
Total non-interest expense (81,807) (73,416) (61,403)
Core earnings before income taxes (81,804) (73,707) (61,937)
Income tax (expense)/benefit 17,033 15,325 13,082
Core earnings before preferred stock dividends (64,771) (58,382) (48,855)
Preferred stock dividends (27,165) (24,677) (17,805)
Loss on retirement of preferred stock     0
Segment core earnings/(losses) (91,936) (83,059) (66,660)
Total Assets 275,227 55,881 43,292
Total on- and off-balance sheet program assets at principal balance $ 0 $ 0 $ 0