v3.25.1
Related Party and Other Transactions
3 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
Related Party and Other Transactions
Note 13 - Related Party and Other Transactions

Transactions with Directors' Financial Institutions. The following table presents our transactions with directors' financial institutions, taking into account the beginning and ending dates of the directors' terms, merger activity and other changes in the composition of directors' financial institutions.

Transactions with Directors' Financial InstitutionsThree Months Ended March 31,
20252024
Net capital stock issuances (redemptions and repurchases)$— $318 
Net advances (repayments)14,188 (88,303)
Mortgage loan purchases18,211 12,874 

The following table presents the aggregate balances of capital stock and advances outstanding for our directors' financial institutions and their balances as a percent of the total balances on our statement of condition.

March 31, 2025December 31, 2024
Balances with Directors' Financial InstitutionsPar Value% of TotalPar Value% of Total
Capital stock$45,188 %$58,502 %
Advances506,040 %734,786 %

The composition of our directors' financial institutions changed due to changes in board membership on January 1, 2025 resulting from the 2024 board of directors' election.

Transactions with Other FHLBanks. Occasionally, we loan or borrow short-term funds to/from other FHLBanks in order to manage FHLBank System-wide liquidity. These loans and borrowings are transacted at current market rates when traded. There were no loans to or borrowings from other FHLBanks that remained outstanding at March 31, 2025 or December 31, 2024.