v3.25.2
Related Party and Other Transactions
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2025202420252024
Net capital stock issuances (redemptions and repurchases)$499 $68 $499 $385 
Net advances121,000 91,762 135,188 3,460 
Mortgage loan purchases19,999 23,156 38,210 36,428 

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.

June 30, 2025December 31, 2024
Balances with Directors' Financial InstitutionsPar Value% of TotalPar Value% of Total
Capital stock$45,687 %$58,502 %
Advances631,215 %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.

On June 30, 2025, the Bank borrowed $700,000 from another FHLBank which was repaid on the next business day. No loans from another FHLBank were outstanding at December 31, 2024. Additionally, no loans to any FHLBank were outstanding at June 30, 2025 or December 31, 2024.