NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
For the period ended Aug 31, 2025. Filed Oct 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 31, 2025 · Filed Oct 14, 2025
NRUC$19.67-1.8%Stored close · as of Nov 10, 2026
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Consolidated Balance Sheets (Unaudited)
CONSOLIDATED BALANCE SHEETS
| (Dollars in thousands) | August 31, 2025 | May 31, 2025 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $257,145 | $134,712 |
| Restricted cash | 8,470 | 8,410 |
| Total cash, cash equivalents and restricted cash | 265,615 | 143,122 |
| Investment securities: | ||
| Debt securities trading, at fair value | 75,459 | 113,663 |
| Equity securities, at fair value | 11,981 | 11,252 |
| Total investment securities, at fair value | 87,440 | 124,915 |
| Loans to members | 37,569,601 | 37,079,978 |
| Less: Allowance for credit losses | (42,202) | (40,615) |
| Loans to members, net | 37,527,399 | 37,039,363 |
| Accrued interest receivable | 273,939 | 270,222 |
| Other receivables | 23,407 | 24,377 |
| Fixed assets, net of accumulated depreciation of $93,194 and $91,211 as of August 31, 2025 and May 31, 2025, respectively | 80,069 | 81,667 |
| Derivative assets | 499,988 | 555,855 |
| Other assets | 90,861 | 85,528 |
| Total assets | $38,848,718 | $38,325,049 |
| Liabilities: | ||
| Accrued interest payable | $314,922 | $294,917 |
| Debt outstanding: | ||
| Short-term borrowings | 4,836,703 | 5,091,416 |
| Long-term debt | 27,929,495 | 27,163,701 |
| Subordinated deferrable debt | 1,332,739 | 1,329,485 |
| Members’ subordinated certificates: | ||
| Membership subordinated certificates | 628,637 | 628,637 |
| Loan and guarantee subordinated certificates | 307,678 | 309,914 |
| Member capital securities | 246,163 | 246,163 |
| Total members’ subordinated certificates | 1,182,478 | 1,184,714 |
| Total debt outstanding | 35,281,415 | 34,769,316 |
| Patronage capital retirement payable | 52,978 | — |
| Deferred income | 31,461 | 31,596 |
| Derivative liabilities | 47,971 | 51,368 |
| Other liabilities | 65,235 | 74,386 |
| Total liabilities | 35,793,982 | 35,221,583 |
| Equity: | ||
| CFC equity: | ||
| Retained equity | 3,036,068 | 3,084,713 |
| Accumulated other comprehensive loss | (2,235) | (2,236) |
| Total CFC equity | 3,033,833 | 3,082,477 |
| Noncontrolling interests | 20,903 | 20,989 |
| Total equity | 3,054,736 | 3,103,466 |
| Total liabilities and equity | $38,848,718 | $38,325,049 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.