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Quarterly Financial Information (Unaudited) Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information [Table Text Block] | Table 15.1
| 2018 Quarter Ended
| Dec. 31 |  | Sept. 30 |  | June 30 |  | Mar. 31
| (in thousands, except per share amounts)
Interest income: |  |  |  |  |  |  |
Interest income | $ | 146,453 |  |  | $ | 142,615 |  |  | $ | 135,670 |  |  | $ | 119,546 |
Interest expense | 104,237 |  |  | 97,557 |  |  | 91,737 |  |  | 76,317 |
Net interest income | 42,216 |  |  | 45,058 |  |  | 43,933 |  |  | 43,229 |
Provision for loan losses | (146 | ) |  | (99 | ) |  | (424 | ) |  | 431 |
Net interest income after provision for loan losses | 42,070 |  |  | 44,959 |  |  | 43,509 |  |  | 43,660 |
Non-interest income: |  |  |  |  |  |  |  |  |  |  |
Guarantee and commitment fees | 3,506 |  |  | 3,490 |  |  | 3,481 |  |  | 3,499 |
(Losses)/gains on financial derivatives | (2,999 | ) |  | 628 |  |  | 2,534 |  |  | (3,850 | )
Gains/(losses) on trading assets | 57 |  |  | (3 | ) |  | 11 |  |  | 16 |
(Losses)/gains on sale of real estate owned | — |  |  | (41 | ) |  | 34 |  |  | — |
Other income | 118 |  |  | 365 |  |  | 320 |  |  | 574 |
Non-interest income | 682 |  |  | 4,439 |  |  | 6,380 |  |  | 239 |
Non-interest expense | 13,703 |  |  | 11,650 |  |  | 12,921 |  |  | 11,642 |
Income before income taxes | 29,049 |  |  | 37,748 |  |  | 36,968 |  |  | 32,257 |
Income tax expense | 6,193 |  |  | 7,979 |  |  | 7,332 |  |  | 6,438 |
Net income | 22,856 |  |  | 29,769 |  |  | 29,636 |  |  | 25,819 |
Net income attributable to Farmer Mac | 22,856 |  |  | 29,769 |  |  | 29,636 |  |  | 25,819 |
Preferred stock dividends | (3,296 | ) |  | (3,295 | ) |  | (3,296 | ) |  | (3,295 | )
Net income attributable to common stockholders | $ | 19,560 |  |  | $ | 26,474 |  |  | $ | 26,340 |  |  | $ | 22,524 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Basic earnings per common share | $ | 1.84 |  |  | $ | 2.48 |  |  | $ | 2.47 |  |  | $ | 2.12 |
Diluted earnings per common share | $ | 1.82 |  |  | $ | 2.46 |  |  | $ | 2.45 |  |  | $ | 2.10 |
| 2017 Quarter Ended
| Dec. 31 |  | Sept. 30 |  | June 30 |  | Mar. 31
| (in thousands, except per share amounts)
Interest income: |  |  |  |  |  |  |
Interest income | $ | 111,371 |  |  | $ | 104,497 |  |  | $ | 98,047 |  |  | $ | 86,617 |
Interest expense | 70,088 |  |  | 64,935 |  |  | 58,316 |  |  | 49,546 |
Net interest income | 41,283 |  |  | 39,562 |  |  | 39,731 |  |  | 37,071 |
Provision for loan losses | (474 | ) |  | (270 | ) |  | (327 | ) |  | (637 | )
Net interest income after provision for loan losses | 40,809 |  |  | 39,292 |  |  | 39,404 |  |  | 36,434 |
Non-interest income/(loss): |  |  |  |  |  |  |  |
Guarantee and commitment fees | 3,484 |  |  | 3,314 |  |  | 3,472 |  |  | 3,844 |
(Losses)/gains on financial derivatives | (1,777 | ) |  | 661 |  |  | (617 | ) |  | 2,486 |
Gains/(losses) on trading assets | 60 |  |  | — |  |  | (2 | ) |  | (82 | )
Gains on sale of available-for-sale investment securities | — |  |  | 89 |  |  | — |  |  | — |
Gains/(losses) on sale of real estate owned | 964 |  |  | 32 |  |  | 757 |  |  | (5 | )
Other (loss)/income | (58 | ) |  | 203 |  |  | 134 |  |  | 553 |
Non-interest income | 2,673 |  |  | 4,299 |  |  | 3,744 |  |  | 6,796 |
Non-interest expense | 10,210 |  |  | 10,616 |  |  | 11,390 |  |  | 10,549 |
Income before income taxes | 33,272 |  |  | 32,975 |  |  | 31,758 |  |  | 32,681 |
Income tax expense | 13,266 |  |  | 11,193 |  |  | 11,124 |  |  | 10,786 |
Net income | 20,006 |  |  | 21,782 |  |  | 20,634 |  |  | 21,895 |
Less: Net loss attributable to non-controlling interest | — |  |  | — |  |  | 150 |  |  | 15 |
Net income attributable to Farmer Mac | 20,006 |  |  | 21,782 |  |  | 20,784 |  |  | 21,910 |
Preferred stock dividends | (3,296 | ) |  | (3,295 | ) |  | (3,296 | ) |  | (3,295 | )
Net income attributable to common stockholders | $ | 16,710 |  |  | $ | 18,487 |  |  | $ | 17,488 |  |  | $ | 18,615 |
Earnings per common share: |  |  |  |  |  |  |  |
Basic earnings per common share | $ | 1.57 |  |  | $ | 1.74 |  |  | $ | 1.65 |  |  | $ | 1.76 |
Diluted earnings per common share | $ | 1.55 |  |  | $ | 1.71 |  |  | $ | 1.62 |  |  | $ | 1.73 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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