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v3.23.3

Fair Value Disclosures - Summary of Carrying Value and Fair Value (Details) - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022
--- | --- | ---
Financial assets: |  |
Financial derivatives | $ 28,855 | $ 37,409
Guarantee and commitment fees receivable | 49,809 | 47,151
Financial liabilities: |  |
Financial derivatives | 188,362 | 175,326
Guarantee and commitment obligation | 47,607 | 46,582
Fair Value |  |
Financial assets: |  |
Cash and cash equivalents | 782,318 | 861,002
Loans | 9,718,846 | 9,666,710
Financial derivatives | 28,855 | 37,409
Guarantee and commitment fees receivable | 58,819 | 50,653
Financial liabilities: |  |
Notes payable | 24,224,819 | 23,591,330
Debt securities of consolidated trusts held by third parties | 1,209,757 | 1,106,837
Financial derivatives | 188,362 | 175,326
Guarantee and commitment obligation | 56,617 | 50,083
Fair Value | Investment securities: |  |
Financial assets: |  |
Marketable securities | 4,925,183 | 4,630,701
Fair Value | Farmer Mac Guaranteed Securities |  |
Financial assets: |  |
Marketable securities | 9,170,053 | 8,573,781
Fair Value | USDA Securities |  |
Financial assets: |  |
Marketable securities | 1,933,529 | 2,099,445
Carrying Amount |  |
Financial assets: |  |
Cash and cash equivalents | 782,318 | 861,002
Loans | 10,537,173 | 10,205,466
Financial derivatives | 28,855 | 37,409
Guarantee and commitment fees receivable | 49,809 | 47,151
Financial liabilities: |  |
Notes payable | 25,123,545 | 24,469,113
Debt securities of consolidated trusts held by third parties | 1,334,014 | 1,181,948
Financial derivatives | 188,362 | 175,326
Guarantee and commitment obligation | 47,607 | 46,582
Carrying Amount | Investment securities: |  |
Financial assets: |  |
Marketable securities | 4,924,253 | 4,628,268
Carrying Amount | Farmer Mac Guaranteed Securities |  |
Financial assets: |  |
Marketable securities | 9,216,111 | 8,628,380
Carrying Amount | USDA Securities |  |
Financial assets: |  |
Marketable securities | $ 2,323,657 | $ 2,411,601

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