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Business Segment Reporting - (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]          
Total interest income $ 61,775 [1] $ 61,745 [2] $ 111,493 [1] $ 123,243 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0 0 0  
Interest Expense (42,502) [3] (33,584) [4] (77,228) [3] (66,712) [4]  
Net interest income 19,273 28,161 34,265 56,531  
Guaranty Fee Income 6,403 6,759 12,921 13,371  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 2,561 [5] 19,724 [6] (4,258) [5] 25,557 [6]  
Non-interest Income/(loss) 8,964 26,483 8,663 38,928  
Provision for loan losses 1,583 529 1,010 99  
Provision for/(release of) losses 974 175 873 (571)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (8,830) (8,139) (16,676) (16,474)  
Noninterest Expense (7,856) [7] (7,964) [7] (15,803) [7] (17,045) [7]  
Income/(loss) before income taxes 21,964 47,209 28,135 78,513  
Income tax (benefit)/expense 6,368 (13,036) 7,509 (21,752)  
Net income 28,332 34,173 35,644 56,761  
Preferred stock dividends (2,308) (881) (3,260) (1,732)  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends (5,819) (5,547) (11,366) (11,094)  
Net Income (Loss) Available to Common Stockholders, Basic 20,205 27,745 21,018 43,935  
Total assets at carrying value 14,670,102 12,935,951 14,670,102 12,935,951 13,361,780
On and Off Balance Sheet Program Assets, At Principal Balance 14,072,542 13,595,518 14,072,542 13,595,518  
Farm & Ranch [Member]
         
Segment Reporting Information [Line Items]          
Total interest income 19,598 [1] 16,046 [2] 37,936 [1] 31,462 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income (513) (195) (1,044) (375)  
Interest Expense (11,265) [3] (7,623) [4] (21,958) [3] (14,776) [4]  
Net interest income 7,820 8,228 14,934 16,311  
Guaranty Fee Income 3,807 3,703 7,716 7,374  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 242 [5] 1,299 [6] 373 [5] 1,894 [6]  
Non-interest Income/(loss) 4,049 5,002 8,089 9,268  
Provision for loan losses 1,583 529 1,010 99  
Provision for/(release of) losses 974 175 873 (571)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,914) (3,795) (7,466) (7,599)  
Noninterest Expense (2,940) [7] (3,620) [7] (6,593) [7] (8,170) [7]  
Segment core earnings before income taxes 10,512 10,139 17,440 17,508  
Income tax (benefit)/expense (3,679) (3,549) (6,103) (6,128)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 6,833 6,590 11,337 11,380  
Preferred stock dividends 0 0 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0 0 0  
Segment core earnings 6,833 6,590 11,337 11,380  
Total assets at carrying value 2,387,899 1,925,419 2,387,899 1,925,419  
On and Off Balance Sheet Program Assets, At Principal Balance 5,310,664 4,917,489 5,310,664 4,917,489  
USDA Guarantees [Member]
         
Segment Reporting Information [Line Items]          
Total interest income 13,307 [1] 13,157 [2] 26,266 [1] 26,498 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0    0 0  
Interest Expense (9,148) [3] (8,649) [4] (18,323) [3] (17,296) [4]  
Net interest income 4,159 4,508 7,943 9,202  
Guaranty Fee Income 23 42 49 75  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 9 [5] 317 [6] 36 [5] 517 [6]  
Non-interest Income/(loss) 32 359 85 592  
Provision for loan losses 0 0 0 0  
Provision for/(release of) losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (764) (708) (1,495) (1,457)  
Noninterest Expense (764) [7] (708) [7] (1,495) [7] (1,457) [7]  
Segment core earnings before income taxes 3,427 4,159 6,533 8,337  
Income tax (benefit)/expense (1,200) (1,456) (2,288) (2,918)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 2,227 2,703 4,245 5,419  
Preferred stock dividends 0 0 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0 0 0  
Segment core earnings 2,227 2,703 4,245 5,419  
Total assets at carrying value 1,721,003 1,659,134 1,721,003 1,659,134  
On and Off Balance Sheet Program Assets, At Principal Balance 1,710,335 1,667,170 1,710,335 1,667,170  
Rural Utilities [Member]
         
Segment Reporting Information [Line Items]          
Total interest income 6,782 [1] 8,981 [2] 14,525 [1] 17,970 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0    0 0  
Interest Expense (3,829) [3] (5,925) [4] (9,582) [3] (11,731) [4]  
Net interest income 2,953 3,056 4,943 6,239  
Guaranty Fee Income 0 0 0 948  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [5] 0 [6] 0 [5] 0 [6]  
Non-interest Income/(loss) 0 0 0 948  
Provision for loan losses 0 0 0 0  
Provision for/(release of) losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (830) (771) (1,607) (1,573)  
Noninterest Expense (830) [7] (771) [7] (1,607) [7] (1,573) [7]  
Segment core earnings before income taxes 2,123 2,285 3,336 5,614  
Income tax (benefit)/expense (743) (800) (1,168) (1,965)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 1,380 1,485 2,168 3,649  
Preferred stock dividends 0 0 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0 0 0  
Segment core earnings 1,380 1,485 2,168 3,649  
Total assets at carrying value 1,022,421 1,091,561 1,022,421 1,091,561  
On and Off Balance Sheet Program Assets, At Principal Balance 1,012,313 1,049,920 1,012,313 1,049,920  
Institutional Credit [Member] [Member]
         
Segment Reporting Information [Line Items]          
Total interest income 17,373 [1] 19,329 [1],[2] 35,021 [1] 38,627 [1],[2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0    0 0  
Interest Expense (10,116) [3] (13,352) [3],[4] (21,092) [3] (26,787) [3],[4]  
Net interest income 7,257 5,977 13,929 11,840  
Guaranty Fee Income 3,086 3,209 6,200 5,349  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [5] 0 [5],[6] 0 [5] 0 [5],[6]  
Non-interest Income/(loss) 3,086 3,209 6,200 5,349  
Provision for loan losses 0 0 0 0  
Provision for/(release of) losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (492) (441) (937) (900)  
Noninterest Expense (492) [7] (441) [7] (937) [7] (900) [7]  
Segment core earnings before income taxes 9,851 8,745 19,192 16,289  
Income tax (benefit)/expense (3,447) (3,061) (6,717) (5,701)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 6,404 5,684 12,475 10,588  
Preferred stock dividends 0 0 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0 0 0  
Segment core earnings 6,404 5,684 12,475 10,588  
Total assets at carrying value 5,115,147 5,083,860 5,115,147 5,083,860  
On and Off Balance Sheet Program Assets, At Principal Balance 6,039,230 5,960,939 6,039,230 5,960,939  
Corporate [Member]
         
Segment Reporting Information [Line Items]          
Total interest income 5,185 [1] 5,471 [2] 10,420 [1] 11,205 [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0    0 0  
Interest Expense (1,025) [3] (1,177) [4] (2,118) [3] (2,471) [4]  
Net interest income 4,160 4,294 8,302 8,734  
Guaranty Fee Income 0 0 0 0  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (603) [5] 2,782 [6] (1,174) [5] 2,220 [6]  
Non-interest Income/(loss) (603) 2,782 (1,174) 2,220  
Provision for loan losses 0 0 0 0  
Provision for/(release of) losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (2,830) (2,424) (5,171) (4,945)  
Noninterest Expense (2,830) [7] (2,424) [7] (5,171) [7] (4,945) [7]  
Segment core earnings before income taxes 727 4,652 1,957 6,009  
Income tax (benefit)/expense 13,803 1,859 16,676 3,624  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 14,530 6,511 18,633 9,633  
Preferred stock dividends (2,308) (881) (3,260) (1,732)  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends (5,819) (5,547) (11,366) (11,094)  
Segment core earnings 6,403 83 4,007 (3,193)  
Total assets at carrying value 4,423,632 3,175,977 4,423,632 3,175,977  
On and Off Balance Sheet Program Assets, At Principal Balance              
Reconciling Adjustments [Member]
         
Segment Reporting Information [Line Items]          
Total interest income (470) [1] (1,239) [2] (12,675) [1] (2,519) [2]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 513 195 1,044 375  
Interest Expense (7,119) [3] 3,142 [4] (4,155) [3] 6,349 [4]  
Net interest income (7,076) 2,098 (15,786) 4,205  
Guaranty Fee Income (513) (195) (1,044) (375)  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 2,913 [5] 15,326 [6] (3,493) [5] 20,926 [6]  
Non-interest Income/(loss) 2,400 15,131 (4,537) 20,551  
Provision for loan losses 0 0 0 0  
Provision for/(release of) losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0 0 0  
Noninterest Expense 0 [7] 0 [7] 0 [7] 0 [7]  
Segment core earnings before income taxes (4,676) [8] 17,229 [8] (20,323) [8] 24,756 [8]  
Income tax (benefit)/expense 1,634 (6,029) 7,109 (8,664)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends (3,042) [8] 11,200 [8] (13,214) [8] 16,092 [8]  
Preferred stock dividends 0 0 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0 0 0  
Segment core earnings (3,042) [8] 11,200 [8] (13,214) [8] 16,092 [8]  
Total assets at carrying value 0 0 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0 $ 0 $ 0 $ 0  
[1] Includes reconciling adjustments for the amortization of premiums and discounts on assets consolidated at fair value to reflect core earnings amounts and interest income related to securities purchased under agreements to resell.
[2] Includes reconciling adjustments for the amortization of premiums and discounts 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 "(Losses)/gains on financial derivatives and hedging activities" on the consolidated financial statements. Includes reconciling adjustments for interest expense related to securities sold, not yet purchased.
[4] 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 "(Losses)/gains on financial derivatives and hedging activities" on the consolidated financial statements.
[5] Includes interest income and interest expense related to securities purchased under agreements to resell and securities sold, not yet purchased, respectively; 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; and a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac Guaranteed Securities and USDA Securities.
[6] 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 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 income measures: income before income taxes, net income, and net income attributable to common stockholders, respectively.