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Financial Derivatives - Schedule of Derivative Instruments in Statement of Financial Position (Details) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Derivative [Line Items]          
Farmer Mac Guaranteed Securities and USDA Securities $ 74,179,000 $ 50,106,000 $ 136,609,000 $ 92,628,000  
Notional Disclosures [Abstract]          
Derivative, Notional Amount 10,176,118,000   10,176,118,000   $ 8,860,296,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 8,011,000   8,011,000   7,093,000
Financial derivatives, at fair value (20,164,000)   (20,164,000)   (26,599,000)
Derivative, Collateral [Abstract]          
Collateral Pledged 24,940,000   24,940,000   24,926,000
Derivative Asset 8,011,000   8,011,000   7,093,000
Loans 49,396,000 39,573,000 95,049,000 76,425,000  
Total interest expense (91,737,000) (58,316,000) (168,054,000) (107,862,000)  
Gain (Loss) on Derivative Instruments, Net, Pretax (2,534,000) 617,000 1,316,000 (1,869,000)  
TotalAmountsofLineItemsPresentedintheConsolidatedStatementofIncome 34,372,000 30,746,000 62,288,000 63,060,000  
Derivative Liability 4,776,000   4,776,000   (1,673,000)
Interest Rate Swap [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 10,100,000,000   10,100,000,000   8,800,000,000
Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings 1,862,000 1,420,000 4,701,000 (2,457,000)  
Income_Expense related to interest settlements on fair value hedges 5,402,000 5,263,000 9,503,000 10,402,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 11,989,000 (8,568,000) 29,212,000 (7,041,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (10,127,000) 9,988,000 (24,511,000) 4,584,000  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   (146,000)   (175,000)  
Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative [Line Items]          
Gain (Loss) on Components Included from Assessment of Interest Rate Fair Value Hedge Effectiveness   (1,300,000)   2,300,000  
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (1,804,000) (1,777,000) (3,884,000) (4,969,000)  
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net   100,000   (100,000)  
Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 57,000 (497,000) (210,000) (1,040,000)  
Premium_Discount recognized on hedged item (2,000) (1,000) (4,000) (2,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (2,330,000) (845,000) (4,110,000) (1,496,000)  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments (2,275,000) (1,489,000) (4,324,000) (2,713,000)  
Cash [Member]          
Derivative, Collateral [Abstract]          
Obligation to Return Securities Received as Collateral 0   0   0
Collateral Pledged 20,000   20,000   100,000
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 7,394,000 7,160,000 13,740,000 15,561,000  
Premium_Discount recognized on hedged item (188,000) (120,000) (353,000) (190,000)  
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 2,432,032,000   2,432,032,000   2,086,347,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 2,744,000   2,744,000   5,240,000
Financial derivatives, at fair value $ (4,416,000)   $ (4,416,000)   $ (5,990,000)
Derivative, Average Fixed Interest Rate 2.13%   2.13%   1.88%
Derivative, Average Variable Interest Rate 2.34%   2.34%   1.40%
Derivative, Average Remaining Maturity     8 years 6 months 30 days   5 years 5 months 17 days
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member] | Interest Rate Swap, Receive Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 2,151,700,000   $ 2,151,700,000   $ 1,559,700,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 652,000   652,000   110,000
Financial derivatives, at fair value $ (4,042,000)   $ (4,042,000)   $ (4,033,000)
Derivative, Average Fixed Interest Rate 2.20%   2.20%   1.38%
Derivative, Average Variable Interest Rate 1.69%   1.69%   1.45%
Derivative, Average Remaining Maturity     1 year 8 months 23 days   1 year 8 months 5 days
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 409,500,000   $ 409,500,000   $ 365,500,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 3,265,000   3,265,000   1,402,000
Financial derivatives, at fair value $ (231,000)   $ (231,000)   $ (138,000)
Derivative, Average Fixed Interest Rate 2.28%   2.28%   2.16%
Derivative, Average Variable Interest Rate 2.42%   2.42%   1.74%
Derivative, Average Remaining Maturity     5 years 11 months 5 days   5 years 10 months 3 days
Not Designated as Hedging Instrument [Member]          
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Derivative Credit Risk Valuation Adjustment, Derivative Assets $ 74,000   $ 74,000   $ 16,000
Derivative Credit Risk Valuation Adjustment, Derivative Liabilities 4,000   4,000   56,000
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   1,891,000   (4,501,000)  
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (2,396,000) 1,648,000 1,679,000 (5,036,000)  
Not Designated as Hedging Instrument [Member] | Interest Rate Swap, Pay Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount 323,292,000   323,292,000   345,333,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 1,407,000   1,407,000   339,000
Financial derivatives, at fair value $ (9,762,000)   $ (9,762,000)   $ (16,352,000)
Derivative, Average Fixed Interest Rate 3.71%   3.71%   3.79%
Derivative, Average Variable Interest Rate 2.33%   2.33%   1.40%
Derivative, Average Remaining Maturity     6 years 7 months 14 days   6 years 8 months 5 days
Not Designated as Hedging Instrument [Member] | Interest Rate Swap, Receive Fixed Non-Callable [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 3,401,094,000   $ 3,401,094,000   $ 3,409,916,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 17,000   17,000   0
Financial derivatives, at fair value $ (1,020,000)   $ (1,020,000)   $ 0
Derivative, Average Fixed Interest Rate 1.81%   1.81%   1.24%
Derivative, Average Variable Interest Rate 2.09%   2.09%   1.25%
Derivative, Average Remaining Maturity     10 months 3 days   11 months
Not Designated as Hedging Instrument [Member] | Basis Swap [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 1,419,000,000   $ 1,419,000,000   $ 1,053,500,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 0   0   18,000
Financial derivatives, at fair value $ (574,000)   $ (574,000)   $ (106,000)
Derivative, Average Variable Interest Rate 2.01%   2.01%   1.33%
Derivative, Variable Interest Rate 1.88%   1.88%   1.42%
Derivative, Average Remaining Maturity     1 year 1 month 18 days   10 months 28 days
Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   189,000   588,000  
Not Designated as Hedging Instrument [Member] | Future [Member]          
Notional Disclosures [Abstract]          
Derivative, Notional Amount $ 39,500,000   $ 39,500,000   $ 40,000,000
Derivative Asset, Fair Value, Amount Not Offset Against Collateral [Abstract]          
Financial derivatives, at fair value 0   0   0
Financial derivatives, at fair value (123,000)   $ (123,000)   $ (36,000)
Derivative, Weighted-Average Forward Price     $ 119.88   $ 123.96
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (138,000) 54,000 $ (363,000) (53,000)  
Interest Income [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0   0    
Interest Income [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings 1,636,000 0 3,137,000 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (10,849,000) 0 (29,797,000) 0  
Interest Income [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements 681,000 (2,826,000) (807,000) (5,984,000)  
Income_Expense related to interest settlements on fair value hedges 16,604,000 8,807,000 28,602,000 16,242,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 12,485,000 0 32,934,000 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Interest Income [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 0 0 0  
Interest Income [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 15,923,000 11,633,000 29,409,000 22,226,000  
Premium_Discount recognized on hedged item 0 0 0 0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Income [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Loans and Finance Receivables [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0   0    
Loans and Finance Receivables [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings (237,000) 0 (390,000) 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (2,472,000) 0 (9,045,000) 0  
Loans and Finance Receivables [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (165,000) (208,000) (463,000) (425,000)  
Income_Expense related to interest settlements on fair value hedges 1,380,000 375,000 2,496,000 674,000  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 2,235,000 0 8,655,000 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Loans and Finance Receivables [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 0 0 0  
Loans and Finance Receivables [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 1,545,000 583,000 2,959,000 1,099,000  
Premium_Discount recognized on hedged item 0 0 0 0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Expense [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0   0    
Interest Expense [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Fair Value Hedges Recognized in Earnings 463,000 0 1,954,000 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 3,194,000 0 14,331,000 0  
Interest Expense [Member] | Fair Value Hedging [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements (2,320,000) 1,257,000 (2,614,000) 1,440,000  
Income_Expense related to interest settlements on fair value hedges (12,582,000) (3,919,000) (21,595,000) (6,514,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative (2,731,000) 0 (12,377,000) 0  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   0   0  
Interest Expense [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 57,000 (497,000) (210,000) (1,040,000)  
Premium_Discount recognized on hedged item (2,000) (1,000) (4,000) (2,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item (2,330,000) (845,000) (4,110,000) (1,496,000)  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments (2,275,000) (1,343,000) (4,324,000) (2,538,000)  
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements (10,074,000) (5,056,000) (18,628,000) (7,764,000)  
Premium_Discount recognized on hedged item (188,000) (120,000) (353,000) (190,000)  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   0   0  
Interest Expense [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax 0 0 0 0  
Gain (Loss) on Derivative Instruments [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (2,534,000) 1,891,000 1,316,000 (4,501,000)  
Gain (Loss) on Derivative Instruments [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Derivative Net Interest Settlements 0 0 0 0  
Gain (Loss) on Fair Value Hedges Recognized in Earnings 0 1,420,000 0 (2,457,000)  
Income_Expense related to interest settlements on fair value hedges 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Derivative 0 (8,568,000) 0 (7,041,000)  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 9,988,000 0 4,584,000  
Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness   (146,000)   (175,000)  
Gain (Loss) on Derivative Instruments [Member] | Cash Flow Hedging [Member]          
Derivative, Collateral [Abstract]          
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Derivative Net Hedge Ineffectiveness Gain Loss Component Recognized On Hedged Item 0 0 0 0  
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 0 (146,000) 0 (175,000)  
Gain (Loss) on Derivative Instruments [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]          
Derivative, Collateral [Abstract]          
Hedged Item Net Interest Settlements 0 0 0 0  
Premium_Discount recognized on hedged item 0 0 0 0  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax (2,396,000) 1,648,000 1,679,000 (5,036,000)  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Forward Contracts [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax   189,000   588,000  
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member] | Future [Member]          
Derivative, Collateral [Abstract]          
Gain (Loss) on Derivative Instruments, Net, Pretax $ (138,000) $ 54,000 $ (363,000) $ (53,000)