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Fair Value Disclosures - Fair Value Measurements, Recurring and Nonrecurring (Details) - USD ($) $ in Thousands | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Assets: |  |
Financial derivatives | $ 30,011 | $ 19,139
Investment securities: |  |
Assets: |  |
Available-for-sale, at fair value | 4,246,012 | $ 3,836,391
Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | $ 6,450,212 |
Level 3 |  |
Liabilities: |  |
Percent of level three fair value assets and liabilities | 25.00% | 25.00%
Financial instruments level three percent | 60.00% | 62.00%
Recurring |  |
Assets: |  |
Financial derivatives | $ 30,011 | $ 19,139
Guarantee Asset | 5,636 | 6,237
Total Assets at fair value | 10,734,146 | 10,194,727
Liabilities: |  |
Financial derivatives | 127,983 | 34,248
Total Liabilities at fair value | 127,983 | 34,248
Recurring | USDA Securities: |  |
Assets: |  |
Trading | 2,275 | 4,401
Recurring | Investment securities: |  |
Assets: |  |
Available-for-sale, at fair value | 4,246,012 | 3,836,391
Recurring | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 6,450,212 | 6,328,559
Recurring | Level 1 |  |
Assets: |  |
Financial derivatives | 350 | 73
Guarantee Asset | 0 | 0
Total Assets at fair value | 1,177,164 | 1,179,542
Liabilities: |  |
Financial derivatives | 1,046 | 0
Total Liabilities at fair value | 1,046 | 0
Recurring | Level 1 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
Recurring | Level 1 | Investment securities: |  |
Assets: |  |
Available-for-sale, at fair value | 1,176,814 | 1,179,469
Recurring | Level 1 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Recurring | Level 2 |  |
Assets: |  |
Financial derivatives | 29,661 | 19,066
Guarantee Asset | 0 | 0
Total Assets at fair value | 3,079,798 | 2,656,734
Liabilities: |  |
Financial derivatives | 126,937 | 34,248
Total Liabilities at fair value | 126,937 | 34,248
Recurring | Level 2 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
Recurring | Level 2 | Investment securities: |  |
Assets: |  |
Available-for-sale, at fair value | 3,050,137 | 2,637,668
Recurring | Level 2 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Recurring | Level 3 |  |
Assets: |  |
Financial derivatives | 0 | 0
Guarantee Asset | 5,636 | 6,237
Total Assets at fair value | 6,477,184 | 6,358,451
Liabilities: |  |
Financial derivatives | 0 | 0
Total Liabilities at fair value | 0 | 0
Recurring | Level 3 | USDA Securities: |  |
Assets: |  |
Trading | 2,275 | 4,401
Recurring | Level 3 | Investment securities: |  |
Assets: |  |
Available-for-sale, at fair value | 19,061 | 19,254
Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 6,450,212 | 6,328,559
Fair Value, Nonrecurring |  |
Assets: |  |
Mortgage Servicing Rights |  | 2,681
Total Assets at fair value |  | 2,681
Fair Value, Nonrecurring | Level 1 |  |
Assets: |  |
Mortgage Servicing Rights |  | 0
Total Assets at fair value |  | 0
Fair Value, Nonrecurring | Level 2 |  |
Assets: |  |
Mortgage Servicing Rights |  | 0
Total Assets at fair value |  | 0
Fair Value, Nonrecurring | Level 3 |  |
Assets: |  |
Mortgage Servicing Rights |  | 2,681
Total Assets at fair value |  | 2,681
AgVantage Securities | Recurring | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 6,440,396 | 6,316,145
AgVantage Securities | Recurring | Level 1 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
AgVantage Securities | Recurring | Level 2 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
AgVantage Securities | Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 6,440,396 | 6,316,145
Farmer Mac Guaranteed USDA Securities | Recurring | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 9,816 | 12,414
Farmer Mac Guaranteed USDA Securities | Recurring | Level 1 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Farmer Mac Guaranteed USDA Securities | Recurring | Level 2 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Farmer Mac Guaranteed USDA Securities | Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 9,816 | 12,414
USDA Securities | Recurring | USDA Securities: |  |
Assets: |  |
Trading | 2,275 | 4,401
USDA Securities | Recurring | Level 1 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
USDA Securities | Recurring | Level 2 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
USDA Securities | Recurring | Level 3 | USDA Securities: |  |
Assets: |  |
Trading | 2,275 | 4,401
Floating Interest Rate | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 19,061 | 19,254
Floating Interest Rate | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 2,372,459 | 2,178,831
Floating Interest Rate | Recurring | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 19,061 | 19,254
Floating Interest Rate | Recurring | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 2,372,459 | 2,178,831
Floating Interest Rate | Recurring | Level 1 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Recurring | Level 1 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Recurring | Level 2 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Recurring | Level 2 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 2,372,459 | 2,178,831
Floating Interest Rate | Recurring | Level 3 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 19,061 | 19,254
Floating Interest Rate | Recurring | Level 3 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 677,678 | 458,837
Fixed Interest Rate | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,176,814 | 1,179,469
Fixed Interest Rate | Recurring | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 677,678 | 458,837
Fixed Interest Rate | Recurring | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,176,814 | 1,179,469
Fixed Interest Rate | Recurring | Level 1 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Recurring | Level 1 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,176,814 | 1,179,469
Fixed Interest Rate | Recurring | Level 2 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 677,678 | 458,837
Fixed Interest Rate | Recurring | Level 2 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Recurring | Level 3 | Guaranteed mortgage-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Recurring | Level 3 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | $ 0 | $ 0

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