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Business Segment Reporting (Details) (USD $)
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Segment Reporting Information [Line Items]      
Total interest income $ 61,498,000 [1] $ 73,131,000 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Total interest expense (33,128,000) [3] (38,923,000) [4]  
Net interest income 28,370,000 34,208,000  
Guarantee and commitment fees 6,612,000 5,930,000  
Other income/(expense) 5,833,000 [5] 8,248,000 [6]  
Non-interest income/(loss) 12,445,000 14,178,000  
Provision for loan losses (430,000) (420,000)  
Release of (provision for) losses (746,000) (30,000)  
Other non-interest expense (8,335,000) (7,812,000)  
Non-interest expense (9,081,000) [7] (7,842,000) [7]  
Income/(loss) before income taxes 31,304,000 40,124,000  
Income tax (benefit)/expense (8,716,000) (11,654,000)  
Net income 22,588,000 28,470,000  
Preferred stock dividends (851,000) (720,000)  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends (5,547,000) (5,547,000)  
Net income attributable to common stockholders 16,190,000 22,203,000  
Total assets at carrying value 12,892,672,000 12,311,411,000 12,622,201,000
On and Off Balance Sheet Program Assets, At Principal Balance 13,437,862,000 12,066,425,000  
Farm & Ranch [Member]
     
Segment Reporting Information [Line Items]      
Segment interest and dividend income operating 28,814,000 [1] 40,746,000 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income (180,000) (730,000)  
Segment interest expense (12,585,000) [3] (25,142,000) [4]  
Segment net effective spread 16,049,000 14,874,000  
Segment guarantee fee income 5,800,000 5,323,000  
Other income/(expense) 595,000 [5] 437,000 [6]  
Segment non interest income 6,395,000 5,760,000  
Provision for loan losses (430,000) (420,000)  
Release of (provision for) losses (746,000) (30,000)  
Other non-interest expense (3,972,000) (3,492,000)  
Non-interest expense (4,718,000) [7] (3,522,000) [7]  
Segment core earnings before income taxes 17,296,000 16,692,000  
Income tax (benefit)/expense (6,053,000) (5,842,000)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 11,243,000 10,850,000  
Preferred stock dividends 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends 0 0  
Segment core earnings 11,243,000 10,850,000  
Total assets at carrying value 5,309,083,000 5,019,070,000  
On and Off Balance Sheet Program Assets, At Principal Balance 9,191,809,000 8,283,483,000  
USDA Guarantees [Member]
     
Segment Reporting Information [Line Items]      
Segment interest and dividend income operating 13,341,000 [1] 14,315,000 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Segment interest expense (10,408,000) [3] (11,549,000) [4]  
Segment net effective spread 2,933,000 2,766,000  
Segment guarantee fee income 33,000 47,000  
Other income/(expense) 200,000 [5] 102,000 [6]  
Segment non interest income 233,000 149,000  
Provision for loan losses 0 0  
Release of (provision for) losses 0 0  
Other non-interest expense (814,000) (764,000)  
Non-interest expense (814,000) [7] (764,000) [7]  
Segment core earnings before income taxes 2,352,000 2,151,000  
Income tax (benefit)/expense (823,000) (753,000)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,529,000 1,398,000  
Preferred stock dividends 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends 0 0  
Segment core earnings 1,529,000 1,398,000  
Total assets at carrying value 1,701,413,000 1,567,693,000  
On and Off Balance Sheet Program Assets, At Principal Balance 1,648,105,000 1,529,642,000  
Rural Utilities [Member]
     
Segment Reporting Information [Line Items]      
Segment interest and dividend income operating 14,889,000 [1] 13,496,000 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Segment interest expense (11,875,000) [3] (10,319,000) [4]  
Segment net effective spread 3,014,000 3,177,000  
Segment guarantee fee income 959,000 1,290,000  
Other income/(expense) 0 [5] 1,000 [6]  
Segment non interest income 959,000 1,291,000  
Provision for loan losses 0 0  
Release of (provision for) losses 0 0  
Other non-interest expense (1,413,000) (1,382,000)  
Non-interest expense (1,413,000) [7] (1,382,000) [7]  
Segment core earnings before income taxes 2,560,000 3,086,000  
Income tax (benefit)/expense (896,000) (1,080,000)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,664,000 2,006,000  
Preferred stock dividends 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends 0 0  
Segment core earnings 1,664,000 2,006,000  
Total assets at carrying value 2,620,213,000 2,314,162,000  
On and Off Balance Sheet Program Assets, At Principal Balance 2,597,948,000 2,253,300,000  
Corporate
     
Segment Reporting Information [Line Items]      
Segment interest and dividend income operating 5,734,000 [1] 6,232,000 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Segment interest expense (1,467,000) [3] (1,416,000) [4]  
Segment net effective spread 4,267,000 4,816,000  
Segment guarantee fee income 0 0  
Other income/(expense) (562,000) [5] (523,000) [6]  
Segment non interest income (562,000) (523,000)  
Provision for loan losses 0 0  
Release of (provision for) losses 0 0  
Other non-interest expense (2,136,000) (2,174,000)  
Non-interest expense (2,136,000) [7] (2,174,000) [7]  
Segment core earnings before income taxes 1,569,000 2,119,000  
Income tax (benefit)/expense 1,691,000 1,647,000  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 3,260,000 3,766,000  
Preferred stock dividends (851,000) (720,000)  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends (5,547,000) (5,547,000)  
Segment core earnings (3,138,000) (2,501,000)  
Total assets at carrying value 3,261,963,000 3,410,486,000  
On and Off Balance Sheet Program Assets, At Principal Balance 0 0  
Reconciling Adjustments
     
Segment Reporting Information [Line Items]      
Segment interest and dividend income operating (1,280,000) [1] (1,658,000) [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 180,000 730,000  
Segment interest expense 3,207,000 [3] 9,503,000 [4]  
Segment net effective spread 2,107,000 8,575,000  
Segment guarantee fee income (180,000) (730,000)  
Other income/(expense) 5,600,000 [5] 8,231,000 [6]  
Segment non interest income 5,420,000 7,501,000  
Provision for loan losses 0 0  
Release of (provision for) losses 0 0  
Other non-interest expense 0 0  
Non-interest expense 0 [7] 0 [7]  
Segment core earnings before income taxes 7,527,000 [8] 16,076,000 [8]  
Income tax (benefit)/expense (2,635,000) (5,626,000)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 4,892,000 [8] 10,450,000 [8]  
Preferred stock dividends 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest - preferred stock dividends 0 0  
Segment core earnings 4,892,000 [8] 10,450,000 [8]  
Total assets at carrying value 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0 $ 0  
[1] Includes reconciling adjustments for the amortization of premiums and discounts on assets consolidated at fair value to reflect core earnings amounts.
[2] Includes reconciling adjustments for yield maintenance income and amortization of premiums on assets consolidated at fair value to reflect core earnings amounts.
[3] Based on effective funding cost determined for each operating segment, including expenses related to interest rate swaps not designated as hedges, which are included in "Gains on financial derivatives and hedging activities" on the GAAP financial statements.
[4] Based on effective funding cost determined for each operating segment, including expenses related to interest rate swaps, which are included in "Gains on financial derivatives and hedging activities" on the GAAP financial statements.
[5] Includes reconciling adjustments for the reclassification of expenses related to interest rate swaps not designated as hedges and fair value adjustments on financial derivatives and trading assets. Also includes a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac Guaranteed Securities and USDA Guaranteed Securities.
[6] Includes reconciling adjustments for the reclassification of yield maintenance income, expenses related to interest rate swaps and fair value adjustments on financial derivatives and trading assets. Also includes a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac Guaranteed Securities and USDA Guaranteed Securities.
[7] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[8] Net adjustments to reconcile core earnings before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends; and segment core earnings to corresponding GAAP measures: income before income taxes, net income, and net income attributable to common stockholders, respectively.