Statements of Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Interest Income: | ||||||
| Advances | [1] | $ 482,767 | $ 508,287 | $ 929,379 | $ 1,023,144 | |
| Interest-bearing deposits | 22,880 | 30,167 | 45,934 | 60,548 | ||
| Securities purchased under agreements to resell | 43,430 | 46,254 | 98,661 | 68,236 | ||
| Federal funds sold | 41,944 | 54,368 | 72,494 | 121,854 | ||
| Trading securities | 10,409 | 8,797 | 20,738 | 13,964 | ||
| Available-for-sale securities | [1] | 183,250 | 222,574 | 365,012 | 442,941 | |
| Held-to-maturity securities | 77,084 | 79,187 | 153,547 | 156,933 | ||
| Mortgage loans held for portfolio | 124,892 | 84,309 | 240,883 | 162,299 | ||
| Total interest income | 986,656 | 1,033,943 | 1,926,648 | 2,049,919 | ||
| Interest Expense: | ||||||
| Consolidated obligation discount notes | 263,623 | 248,701 | 493,021 | 498,956 | ||
| Consolidated obligation bonds | [1] | 581,667 | 643,171 | 1,151,535 | 1,264,584 | |
| Deposits | 9,432 | 11,672 | 19,650 | 21,238 | ||
| Mandatorily redeemable capital stock | 4,185 | 5,505 | 8,848 | 10,848 | ||
| Total interest expense | 858,907 | 909,049 | 1,673,054 | 1,795,626 | ||
| Net interest income | 127,749 | 124,894 | 253,594 | 254,293 | ||
| Provision for (reversal of) credit losses | (33) | (21) | (6) | (46) | ||
| Net interest income after provision for (reversal of) credit losses | 127,782 | 124,915 | 253,600 | 254,339 | ||
| Other Income: | ||||||
| Net gains on sales of available-for-sale securities | 0 | 1,840 | 2,704 | 1,840 | ||
| Net gains (losses) on trading securities | 2,332 | 3,203 | 9,253 | (1,368) | ||
| Net gains (losses) on derivatives | 270 | (644) | (9,933) | 8,480 | ||
| Other, net | 6,409 | 2,334 | 6,950 | 7,139 | ||
| Total other income | 9,011 | 6,733 | 8,974 | 16,091 | ||
| Other Expenses: | ||||||
| Compensation and benefits | 17,167 | 15,250 | 34,466 | 31,790 | ||
| Other operating expenses | 9,513 | 9,010 | 17,978 | 17,295 | ||
| Federal Housing Finance Agency | 1,793 | 1,396 | 3,585 | 2,792 | ||
| Office of Finance | 1,218 | 1,232 | 3,368 | 2,756 | ||
| Voluntary contributions to housing and community investment | 5,397 | 3,750 | 16,585 | 7,442 | ||
| Other, net | 1,581 | 1,635 | 3,148 | 2,972 | ||
| Total other expenses | 36,669 | 32,273 | 79,130 | 65,047 | ||
| Income before assessments | 100,124 | 99,375 | 183,444 | 205,383 | ||
| Affordable Housing Program assessments | 10,431 | 10,488 | 19,229 | 21,623 | ||
| Net income | $ 89,693 | $ 88,887 | $ 164,215 | $ 183,760 | ||
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| X | ||||||||||
- Definition Voluntary contributions to housing and community investment No definition available.
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| X | ||||||||||
- Definition Amount of expense for Affordable Housing Program (AHP) assessments required by the Federal Home Loan Bank Act of 1932. No definition available.
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- Definition Amount of unrealized and realized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on held-to-maturity securities. No definition available.
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| X | ||||||||||
- Definition Interest and fee income generated from loans secured by one- to four-family residential properties. This item excludes home equity lines-of-credit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Interest expense incurred during the reporting period on capital securities issued by the reporting entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The aggregate interest expense incurred on all domestic deposits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest expense incurred on long-term debt classified as other, including, but not limited to, interest on long-term notes and amortization of issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Interest expense incurred during the reporting period on other short-term borrowings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest income, amortization of premium and accretion of discount on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale); classified as operating. No definition available.
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| X | ||||||||||
- Definition Amount of interest income, amortization of premium and accretion of discount, on investment in debt security measured at fair value with change in fair value recognized in net income (trading); classified as operating. No definition available.
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| X | ||||||||||
- Definition Interest income derived from funds deposited with both domestic and foreign financial institutions including funds in money market and other accounts. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Interest income on federal funds sold. Federal funds sold represent the excess federal funds held by one commercial bank which it lends to another commercial bank, usually at an agreed-upon (federal funds) rate of interest. Such loans generally are of short-duration (overnight). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of interest income from Federal Home Loan Bank (FHLBank) advances to member financial institutions. No definition available.
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| X | ||||||||||
- Definition Interest income derived from securities purchased under agreements to resell. The difference in the price at which the institution buys the securities and resells the securities represents interest for the use of the funds by the other party. Most repurchase and sale agreements involve obligations of the federal government or its agencies, but other financial instruments, such as commercial paper, banker's acceptances and negotiable certificates of deposits are sometimes used in such transactions. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of profit (loss) after Federal Home Loan Bank (FHLBank) assessments attributable to the parent. No definition available.
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of a Federal Home Loan Bank's (FHLBank) proportionate share of the costs of operating the Office of Finance. No definition available.
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| X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of noninterest expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of realized gain (loss) on investment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of fees or assessments to fund the operations of the regulator of Federal Home Loan Banks (FHLBanks). No definition available.
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