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BUSINESS SEGMENT REPORTING (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
segment
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting [Abstract]      
Number of operating segments | segment 7    
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income $ 86,368 $ 79,058  
Guarantee and commitment fees 3,917 3,933  
Other income/(expense) 3,328 1,625  
Total revenues 93,613 84,616  
Release of/(provision for) losses 1,801 (547)  
Release of/(provision for) reserve for losses 69 (203)  
Operating expenses (27,237) (23,713)  
Total non-interest expense (27,168) (23,916)  
Core earnings before income taxes 68,246 60,153  
Income tax (expense)/benefit (14,500) (13,118)  
Core earnings before preferred stock dividends 53,746 47,035  
Preferred stock dividends (6,791) (6,791)  
Segment core earnings/(losses) 46,955 40,244  
Total Assets 29,772,191 27,939,947 $ 29,524,382
Total on- and off-balance sheet program assets at principal balance 28,847,230 26,484,118  
Reconciling Adjustments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 0 0  
Less: reconciling adjustments 3,324 1,885  
Net effective spread 3,324 1,885  
Guarantee and commitment fees (1,065) (721)  
Other income/(expense) 2,251 558  
Total revenues 4,510 1,722  
Release of/(provision for) losses 0 0  
Release of/(provision for) reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 4,510 1,722  
Income tax (expense)/benefit (947) (362)  
Core earnings before preferred stock dividends 3,563 1,360  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 3,563 1,360  
Total Assets 0 0  
Total on- and off-balance sheet program assets at principal balance $ 0 0  
Agricultural Finance      
Segment Reporting [Abstract]      
Number of operating segments | segment 2    
Segment Reporting Information, Profit (Loss) [Abstract]      
Release of/(provision for) reserve for losses $ 64 (577)  
Farm & Ranch | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 33,889 33,511  
Less: reconciling adjustments (1,046) (1,046)  
Net effective spread 32,843 32,465  
Guarantee and commitment fees 4,484 4,292  
Other income/(expense) 995 1,067  
Total revenues 38,322 37,824  
Release of/(provision for) losses (561) 128  
Release of/(provision for) reserve for losses 64 (577)  
Operating expenses 0 0  
Total non-interest expense 64 (577)  
Core earnings before income taxes 37,825 37,375  
Income tax (expense)/benefit (7,943) (7,849)  
Core earnings before preferred stock dividends 29,882 29,526  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 29,882 29,526  
Total Assets 15,240,436 14,549,275  
Total on- and off-balance sheet program assets at principal balance 18,900,906 17,685,961  
Corporate AgFinance | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 7,971 7,148  
Less: reconciling adjustments 0 0  
Net effective spread 7,971 7,148  
Guarantee and commitment fees 87 53  
Other income/(expense) 12 0  
Total revenues 8,070 7,201  
Release of/(provision for) losses 378 (4,301)  
Release of/(provision for) reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 8,448 2,900  
Income tax (expense)/benefit (1,774) (609)  
Core earnings before preferred stock dividends 6,674 2,291  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 6,674 2,291  
Total Assets 1,637,460 1,515,976  
Total on- and off-balance sheet program assets at principal balance 1,766,294 1,599,982  
Rural Infrastructure Finance      
Segment Reporting Information, Profit (Loss) [Abstract]      
Release of/(provision for) reserve for losses 5 374  
Rural  Utilities | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 7,265 5,540  
Less: reconciling adjustments (33) (33)  
Net effective spread 7,232 5,507  
Guarantee and commitment fees 349 281  
Other income/(expense) 0 0  
Total revenues 7,581 5,788  
Release of/(provision for) losses 3,017 3,484  
Release of/(provision for) reserve for losses 5 374  
Operating expenses 0 0  
Total non-interest expense 5 374  
Core earnings before income taxes 10,603 9,646  
Income tax (expense)/benefit (2,227) (2,026)  
Core earnings before preferred stock dividends 8,376 7,620  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 8,376 7,620  
Total Assets 7,003,165 6,444,264  
Total on- and off-balance sheet program assets at principal balance 7,437,723 6,889,682  
Renewable Energy | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 2,049 858  
Less: reconciling adjustments 0 0  
Net effective spread 2,049 858  
Guarantee and commitment fees 62 28  
Other income/(expense) 0 0  
Total revenues 2,111 886  
Release of/(provision for) losses (1,034) 138  
Release of/(provision for) reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 1,077 1,024  
Income tax (expense)/benefit (226) (215)  
Core earnings before preferred stock dividends 851 809  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 851 809  
Total Assets 578,709 286,824  
Total on- and off-balance sheet program assets at principal balance 742,307 308,493  
Funding | Operating Segments      
Segment Reporting Information, Profit (Loss) [Abstract]      
Net interest income 34,719 32,544  
Less: reconciling adjustments (2,245) (806)  
Net effective spread 32,474 31,738  
Guarantee and commitment fees 0 0  
Other income/(expense) 0 0  
Total revenues 32,474 31,738  
Release of/(provision for) losses 0 0  
Release of/(provision for) reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 32,474 31,738  
Income tax (expense)/benefit (6,819) (6,665)  
Core earnings before preferred stock dividends 25,655 25,073  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 25,655 25,073  
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 475 (543)  
Less: reconciling adjustments 0 0  
Net effective spread 475 (543)  
Guarantee and commitment fees 0 0  
Other income/(expense) 4 0  
Total revenues 479 (543)  
Release of/(provision for) losses 1 4  
Release of/(provision for) reserve for losses 0 0  
Operating expenses 0 0  
Total non-interest expense 0 0  
Core earnings before income taxes 480 (539)  
Income tax (expense)/benefit (101) 113  
Core earnings before preferred stock dividends 379 (426)  
Preferred stock dividends 0 0  
Segment core earnings/(losses) 379 (426)  
Total Assets 5,190,082 4,998,854  
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) 66 0  
Total revenues 66 0  
Release of/(provision for) losses 0 0  
Release of/(provision for) reserve for losses 0 0  
Operating expenses (27,237) (23,713)  
Total non-interest expense (27,237) (23,713)  
Core earnings before income taxes (27,171) (23,713)  
Income tax (expense)/benefit 5,537 4,495  
Core earnings before preferred stock dividends (21,634) (19,218)  
Preferred stock dividends (6,791) (6,791)  
Segment core earnings/(losses) (28,425) (26,009)  
Total Assets 122,339 144,754  
Total on- and off-balance sheet program assets at principal balance $ 0 $ 0