FHLBank is a cooperative whose members own most of the capital stock of FHLBank and generally receive dividends on their investments. As noted above, certain former members that still have outstanding transactions are required to maintain their investments in FHLBank capital stock until the transactions mature or are paid off. Nearly all outstanding advances are with current members, and the majority of outstanding mortgage loans held for portfolio were purchased from current or former members. FHLBank also maintains demand deposit accounts for members primarily to facilitate settlement activities that are directly related to advances and mortgage loan purchases.

Transactions with members are entered into in the ordinary course of business. In instances where members also have officers or directors who are directors of FHLBank, transactions with those members are subject to the same eligibility and credit criteria, as well as the same terms and conditions, as other transactions with members. For financial reporting and disclosure purposes, FHLBank defines related parties as FHLBank directors’ financial institutions and members with capital stock investments in excess of 10 percent of FHLBank’s total regulatory capital stock outstanding, which includes mandatorily redeemable capital stock.

Activity with Members that Exceed a 10 Percent Ownership in FHLBank Regulatory Capital Stock: Tables 14.1 and 14.2 present information on members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of June 30, 2025 and December 31, 2024 (dollar amounts in thousands). An officer of BOKF, N.A. currently serves on FHLBank’s board of directors.


06/30/2025
Member Name	State	Total Class A Stock Par Value		Percent of Total Class A		Total Class B Stock Par Value		Percent of Total Class B		Total Capital Stock Par Value		Percent of Total Capital Stock
MidFirst Bank	OK	$	500	0.2	%	$	539,105	23.0	%	539,605		20.8	%

TOTAL		$	500	0.2	%	$	539,105	23.0	%	$	539,605	20.8	%


12/31/2024
Member Name	State	Total Class A Stock Par Value		Percent of Total Class A		Total Class B Stock Par Value		Percent of Total Class B		Total Capital Stock Par Value		Percent of Total Capital Stock
MidFirst Bank	OK	$	23,043	5.0	%	$	473,097	21.8	%	496,140		18.8	%
BOKF, N.A.	OK	190,087		40.8		137,990		6.4		328,077		12.5
TOTAL		$	213,130	45.8	%	$	611,087	28.2	%	$	824,217	31.3	%

Advance and deposit balances with members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of June 30, 2025 and December 31, 2024 are summarized in Table 14.3 (dollar amounts in thousands).


	06/30/2025				12/31/2024				06/30/2025				12/31/2024
Member Name	Outstanding Advances		Percent of Total		Outstanding Advances		Percent of Total		Outstanding Deposits		Percent of Total		Outstanding Deposits		Percent of Total
MidFirst Bank	$	11,700,000	26.0	%	$	10,125,000	24.2	%	$	4,082	0.4	%	$	9,002	0.9	%
BOKF, N.A.					3,000,000		7.2						72,761		7.4
TOTAL	$	11,700,000	26.0	%	$	13,125,000	31.4	%	$	4,082	0.4	%	$	81,763	8.3	%

MidFirst Bank did not sell any mortgage loans into the MPF Program during the three and six months ended June 30, 2025 and 2024. BOKF, N.A. sold $12,143,000 and 20,941,000 mortgage loans into the MPF Program during the three and six months ended June 30, 2024, respectively.

Transactions with FHLBank Directors’ Financial Institutions: Table 14.4 presents information as of June 30, 2025 and December 31, 2024 for members that had an officer or director serving on FHLBank’s board of directors (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors. Capital stock listed is regulatory capital stock, which includes mandatorily redeemable capital stock.


	06/30/2025				12/31/2024
	Outstanding Amount		Percent of Total		Outstanding Amount		Percent of Total
Advances	$	4,376,105	9.7	%	$	3,279,439	7.8	%

Deposits	$	64,767	6.3	%	$	103,672	10.5	%

Class A Common Stock	$	5,729	2.3	%	$	193,830	41.6	%
Class B Common Stock	235,263		10.0		154,135		7.1
TOTAL CAPITAL STOCK	$	240,992	9.3	%	$	347,965	13.2	%

Table 14.5 presents mortgage loans acquired during the three and six months ended June 30, 2025 and 2024 for members that had an officer or director serving on FHLBank’s board of directors in 2025 or 2024 (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors.



	Three Months Ended								Six Months Ended
	06/30/2025				06/30/2024				06/30/2025				06/30/2024
	Amount		Percent of Total		Amount		Percent of Total		Amount		Percent of Total		Amount		Percent of Total
Mortgage loans acquired	$	25,310	6.1	%	$	19,738	4.0	%	$	54,099	7.9	%	$	34,984	4.6	%