Derivatives and Hedging Activities - Derivatives in Statement of Income and Impact on Interest) (Details) - 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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Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Advances | [1] | $ 482,767 | $ 508,287 | $ 929,379 | $ 1,023,144 | |||||||
Available-for-sale securities | [1] | 183,250 | 222,574 | 365,012 | 442,941 | |||||||
Consolidated obligation bonds | [1] | (581,667) | (643,171) | (1,151,535) | (1,264,584) | |||||||
Total Net Interest income (Expense) Recorded on Statement of Income - Advances, AFS securities, and CO Bonds) | [1] | 84,350 | 87,690 | 142,856 | 201,501 | |||||||
Interest-rate related | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net impact on net interest income | $ 37,273 | $ 1,628 | $ 63,589 | $ 6,300 | ||||||||
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest Income (Expense), Operating | Interest Income (Expense), Operating | Interest Income (Expense), Operating | Interest Income (Expense), Operating | ||||||||
Interest-rate related | Advances | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net impact on net interest income | $ 66,616 | $ 135,272 | $ 135,314 | $ 277,876 | ||||||||
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Advances | Advances | Advances | Advances | ||||||||
Interest-rate related | AFS Securities | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net impact on net interest income | $ 66,775 | $ 109,325 | $ 133,402 | $ 218,622 | ||||||||
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Available-for-sale securities | Available-for-sale securities | Available-for-sale securities | Available-for-sale securities | ||||||||
Interest-rate related | Consolidation Obligation Bond Member | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net impact on net interest income | $ (96,118) | $ (242,969) | $ (205,127) | $ (490,198) | ||||||||
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Consolidated obligation bonds | Consolidated obligation bonds | Consolidated obligation bonds | Consolidated obligation bonds | ||||||||
Interest Income (Expense), Net | Interest-rate related | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net interest settlements on derivatives | [2] | $ 57,243 | $ 29,436 | $ 105,679 | $ 57,432 | |||||||
Net gains on derivatives² | [3] | (40,463) | 109,147 | (100,654) | 290,802 | |||||||
Net gains (losses) on hedged items³ | [4] | 25,381 | (121,742) | 71,438 | (313,346) | |||||||
Price alignment interest | (4,888) | (15,213) | (12,874) | (28,588) | ||||||||
Interest Income | Interest-rate related | Advances | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net interest settlements on derivatives | [2] | 68,336 | 139,209 | 141,480 | 286,559 | |||||||
Net gains on derivatives² | [3] | (114,677) | (16,755) | (289,230) | 147,104 | |||||||
Net gains (losses) on hedged items³ | [4] | 113,618 | 19,650 | 286,262 | (143,275) | |||||||
Price alignment interest | (661) | (6,832) | (3,198) | (12,512) | ||||||||
Interest Income | Interest-rate related | AFS Securities | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net interest settlements on derivatives | [2] | 84,330 | 130,167 | 169,425 | 260,033 | |||||||
Net gains on derivatives² | [3] | (47,793) | 1,304 | (137,598) | 72,489 | |||||||
Net gains (losses) on hedged items³ | [4] | 34,202 | (14,064) | 110,698 | (98,394) | |||||||
Price alignment interest | (3,964) | (8,082) | (9,123) | (15,506) | ||||||||
Interest Expense | Interest-rate related | Consolidation Obligation Bond Member | ||||||||||||
Derivative Instruments, Gain (Loss) [Line Items] | ||||||||||||
Net interest settlements on derivatives | [2] | (95,423) | (239,940) | (205,226) | (489,160) | |||||||
Net gains on derivatives² | [3] | 122,007 | 124,598 | 326,174 | 71,209 | |||||||
Net gains (losses) on hedged items³ | [4] | (122,439) | (127,328) | (325,522) | (71,677) | |||||||
Price alignment interest | $ (263) | $ (299) | $ (553) | $ (570) | ||||||||
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