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Business Segment Reporting - Core Earnings (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2023
USD ($)
segment
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting [Abstract]      
Number of operating segments | segment 7    
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income $ 79,058 $ 65,538  
Guarantee and commitment fees 3,933 3,695  
Other income/(expense) 1,625 17,600  
Total revenues 84,616 86,833  
Release of/(provision for) losses (547) (56)  
(Provision for)/release of reserve for losses (203) 110  
Operating expenses (23,713) (21,388)  
Total non-interest expense (23,916) (21,278)  
Core earnings before income taxes 60,153 65,499  
Income tax (expense)/benefit (13,118) (14,046)  
Core earnings before preferred stock dividends 47,035 51,453  
Preferred stock dividends (6,791) (6,791)  
Segment core earnings/(losses) 40,244 44,662  
Total Assets 27,939,947 25,767,128 $ 27,333,110
Total on- and off-balance sheet program assets at principal balance 26,484,118 24,243,410  
Reconciling Adjustments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0  
Less: reconciling adjustments 1,885 7,699  
Net effective spread 1,885 7,699  
Guarantee and commitment fees (721) (862)  
Other income/(expense) 558 17,086  
Total revenues 1,722 23,923  
Release of/(provision for) losses 0 0  
(Provision for)/release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 1,722 23,923  
Income tax (expense)/benefit (362) (5,022)  
Core earnings before preferred stock dividends 1,360 18,901  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 1,360 18,901  
Total Assets 0 0  
Total on- and off-balance sheet program assets at principal balance 0 0  
Farm & Ranch      
Segment Reporting Information, Profit (Loss) [Abstract]      
Release of/(provision for) losses 111 (77)  
Farm & Ranch | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 33,511 31,354  
Less: reconciling adjustments (1,046) (1,000)  
Net effective spread 32,465 30,354  
Guarantee and commitment fees 4,292 4,216  
Other income/(expense) 1,067 400  
Total revenues 37,824 34,970  
Release of/(provision for) losses 128 (510)  
(Provision for)/release of reserve for losses (577) 75  
Operating expenses 0 0  
Total non-interest expense (577) 75  
Core earnings before income taxes 37,375 34,535  
Income tax (expense)/benefit (7,849) (7,252)  
Core earnings before preferred stock dividends 29,526 27,283  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 29,526 27,283  
Total Assets 14,549,275 13,610,138  
Total on- and off-balance sheet program assets at principal balance 17,685,961 16,575,595  
Corporate AgFinance      
Segment Reporting Information, Profit (Loss) [Abstract]      
Release of/(provision for) losses (4,308) (513)  
Corporate AgFinance | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 7,148 7,209  
Less: reconciling adjustments 0 0  
Net effective spread 7,148 7,209  
Guarantee and commitment fees 53 19  
Other income/(expense) 0 114  
Total revenues 7,201 7,342  
Release of/(provision for) losses (4,301) (515)  
(Provision for)/release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 2,900 6,827  
Income tax (expense)/benefit (609) (1,434)  
Core earnings before preferred stock dividends 2,291 5,393  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 2,291 5,393  
Total Assets 1,515,976 1,491,127  
Total on- and off-balance sheet program assets at principal balance 1,599,982 1,540,760  
Rural  Utilities | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 5,540 3,193  
Less: reconciling adjustments (33) (34)  
Net effective spread 5,507 3,159  
Guarantee and commitment fees 281 286  
Other income/(expense) 0 0  
Total revenues 5,788 3,445  
Release of/(provision for) losses 3,484 1,169  
(Provision for)/release of reserve for losses 374 35  
Operating expenses 0 0  
Total non-interest expense 374 35  
Core earnings before income taxes 9,646 4,649  
Income tax (expense)/benefit (2,026) (976)  
Core earnings before preferred stock dividends 7,620 3,673  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 7,620 3,673  
Total Assets 6,444,264 5,480,668  
Total on- and off-balance sheet program assets at principal balance 6,889,682 6,006,446  
Renewable Energy | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 858 375  
Less: reconciling adjustments 0 0  
Net effective spread 858 375  
Guarantee and commitment fees 28 36  
Other income/(expense) 0 0  
Total revenues 886 411  
Release of/(provision for) losses 138 (202)  
(Provision for)/release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 1,024 209  
Income tax (expense)/benefit (215) (44)  
Core earnings before preferred stock dividends 809 165  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 809 165  
Total Assets 286,824 92,132  
Total on- and off-balance sheet program assets at principal balance 308,493 120,609  
Funding | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 32,544 23,403  
Less: reconciling adjustments (806) (6,665)  
Net effective spread 31,738 16,738  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 0  
Total revenues 31,738 16,738  
Release of/(provision for) losses 0 0  
(Provision for)/release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 31,738 16,738  
Income tax (expense)/benefit (6,665) (3,515)  
Core earnings before preferred stock dividends 25,073 13,223  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 25,073 13,223  
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 (543) 4  
Less: reconciling adjustments 0 0  
Net effective spread (543) 4  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 0  
Total revenues (543) 4  
Release of/(provision for) losses 4 2  
(Provision for)/release of reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes (539) 6  
Income tax (expense)/benefit 113 (1)  
Core earnings before preferred stock dividends (426) 5  
Preferred stock dividends 0 0  
Segment core earnings/(losses) (426) 5  
Total Assets 4,998,854 4,970,030  
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 0  
Total revenues 0 0  
Release of/(provision for) losses 0 0  
(Provision for)/release of reserve for losses 0 0  
Operating expenses (23,713) (21,388)  
Total non-interest expense (23,713) (21,388)  
Core earnings before income taxes (23,713) (21,388)  
Income tax (expense)/benefit 4,495 4,198  
Core earnings before preferred stock dividends (19,218) (17,190)  
Preferred stock dividends (6,791) (6,791)  
Segment core earnings/(losses) (26,009) (23,981)  
Total Assets 144,754 123,033  
Total on- and off-balance sheet program assets at principal balance $ 0 $ 0