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Farmer Mac financial data

Print table
Financial data for Farmer Mac, 2017 to 2021
(Dollar amounts in millions)
Data type 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Total program volume 23,614.5 21,924.1 21,117.9 19,725.0 19,007.0
Core capital 1,200.6 1,006.0 815.4 727.6 657.1
Statutory minimum capital 713.8 680.9 618.8 545.0 520.3
Surplus over minimum capital 486.8 325.5 196.7 182.6 136.8
Regulatory capital held 1,217.0 1,024.0 828.1 736.8 665.9
Risk-based capital requirement 218.7 197.4 122.1 119.0 235.4
Regulatory surplus 998.3 826.6 706.0 617.8 430.5
GAAP net income available to common stock shareholders 107.6 89.2 93.7 94.9 71.3
Core earnings 113.6 100.6 93.7 84.0 65.6
90-day delinquencies 47.3 46.2 61.0 26.9 48.4
Substandard assets 269.5 291.5 310.0 232.7 221.3

 

Financial ratios for Farmer Mac, 2017 to 2021
Ratios 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Tier 1 capital 14.7% 14.1% 12.9% 13.4% 12.6%
Substandard assets/ Total program volume 1.1% 1.3% 1.5% 1.2% 1.2%
Past due > 90 days/ Total program volume 0.20% 0.21% 0.29% 0.14% 0.25%
Core return on equity 16.0% 16.0% 17.0% 17.0% 15.0%
Net effective spread 0.98% 0.93% 0.91% 0.91% 0.91%
Page updated: May 19, 2022