XML 110 R51.htm IDEA: XBRL DOCUMENT v3.24.1.u1
LOANS - Schedule of Composition of Loan Balances (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans $ 11,602,199 $ 11,360,197    
Allowance for losses (14,288) (16,031)    
Total loans, net of allowance 11,233,071 11,039,349    
Real Estate Loan        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 11,602,199 11,360,197    
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments (354,840) (304,817)    
Total loans 11,247,359 11,055,380    
Allowance for losses (14,288) (16,031)    
Total loans, net of allowance 11,233,071 11,039,349    
Agricultural Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 7,915,446 7,825,434    
Allowance for losses (7,104) (6,884) $ (10,972) $ (6,775)
Agricultural Finance | Real Estate Loan        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 7,915,446 7,825,434    
Allowance for losses (7,104) (6,884)    
Farm & Ranch        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 6,656,940 6,565,711    
Allowance for losses (4,535) (3,936) (3,933) (4,044)
Farm & Ranch | Real Estate Loan        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 6,656,940 6,565,711    
Allowance for losses (4,535) (3,936)    
Corporate AgFinance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,258,506 1,259,723    
Allowance for losses (2,569) (2,948) (7,039) (2,731)
Corporate AgFinance | Real Estate Loan        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,258,506 1,259,723    
Allowance for losses (2,569) (2,948)    
Rural Infrastructure Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 3,686,753 3,534,763    
Allowance for losses (7,184) (9,147) $ (4,701) $ (8,314)
Rural Infrastructure Finance | Real Estate Loan        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 3,686,753 3,534,763    
Allowance for losses (7,184) (9,147)    
Unsecuritized        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 10,192,802 9,927,936    
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments (354,840) (304,817)    
Total loans 9,837,962 9,623,119    
Allowance for losses (13,836) (15,588)    
Total loans, net of allowance 9,824,126 9,607,531    
Unsecuritized | Agricultural Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 6,506,049 6,393,173    
Unsecuritized | Farm & Ranch        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 5,247,543 5,133,450    
Unsecuritized | Corporate AgFinance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,258,506 1,259,723    
Unsecuritized | Rural Infrastructure Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 3,686,753 3,534,763    
In Consolidated Trusts        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,409,397 1,432,261    
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments 0 0    
Total loans 1,409,397 1,432,261    
Allowance for losses (452) (443)    
Total loans, net of allowance 1,408,945 1,431,818    
In Consolidated Trusts | Agricultural Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,409,397 1,432,261    
In Consolidated Trusts | Farm & Ranch        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 1,409,397 1,432,261    
In Consolidated Trusts | Corporate AgFinance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans 0 0    
In Consolidated Trusts | Rural Infrastructure Finance        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total loans $ 0 $ 0