v3.25.2
Assets and Liabilities Subject to Offsetting (Tables)
 6 Months Ended
Jun. 30, 2025
Offsetting [Abstract]  
Schedule of Offsetting Assets
Tables 9.1 and 9.2 present the fair value of financial assets, including the related collateral received from or pledged to clearing agents or counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of June 30, 2025 and December 31, 2024 (in thousands):

Table 9.1
06/30/2025
DescriptionGross Amounts
of Recognized
Assets		Gross Amounts
Offset
in the
Statements of
Condition		Net Amounts
of Assets
Presented
in the
Statements of
Condition
Gross Amounts
Not Offset
in the
Statement of
Condition1
Net
Amount
Derivative assets:     
Uncleared derivatives$126,824 $(123,119)$3,705 $(567)$3,138 
Cleared derivatives270 347,763 348,033 — 348,033 
Total derivative assets127,094 224,644 351,738 (567)351,171 
Securities purchased under agreements to resell4,400,000 — 4,400,000 (4,400,000)— 
TOTAL$4,527,094 $224,644 $4,751,738 $(4,400,567)$351,171 
                   
1    Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).
Table 9.2
12/31/2024
DescriptionGross Amounts
of Recognized
Assets		Gross Amounts
Offset
in the
Statements of
Condition		Net Amounts
of Assets
Presented
in the
Statements of
Condition
Gross Amounts
Not Offset
in the
Statement of
Condition1
Net
Amount
Derivative assets:     
Uncleared derivatives$90,722 $(86,061)$4,661 $(30)$4,631 
Cleared derivatives4,961 347,692 352,653 — 352,653 
Total derivative assets95,683 261,631 357,314 (30)357,284 
Securities purchased under agreements to resell5,150,000 — 5,150,000 (5,150,000)— 
TOTAL$5,245,683 $261,631 $5,507,314 $(5,150,030)$357,284 
                   
1    Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).
Schedule of Offsetting Liabilities
Tables 9.3 and 9.4 present the fair value of financial liabilities, including the related collateral received from or pledged to counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of June 30, 2025 and December 31, 2024 (in thousands):

Table 9.3
06/30/2025
DescriptionGross Amounts
of Recognized
Liabilities		Gross Amounts
Offset
in the
Statements of
Condition		Net Amounts
of Liabilities
Presented
in the
Statements of
Condition
Gross Amounts
Not Offset
in the
Statement of
Condition1
Net
Amount
Derivative liabilities:     
Uncleared derivatives$157,844 $(155,437)$2,407 $(1)$2,406 
Cleared derivatives18,780 (18,780)— — — 
Total derivative liabilities176,624 (174,217)2,407 (1)2,406 
TOTAL$176,624 $(174,217)$2,407 $(1)$2,406 
                   
1    Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).
Table 9.4
12/31/2024
DescriptionGross Amounts
of Recognized
Liabilities		Gross Amounts
Offset
in the
Statements of
Condition		Net Amounts
of Liabilities
Presented
in the
Statements of
Condition
Gross Amounts
Not Offset
in the
Statement of
Condition1
Net
Amount
Derivative liabilities:     
Uncleared derivatives$225,991 $(219,860)$6,131 $(73)$6,058 
Cleared derivatives376 (376)— — — 
Total derivative liabilities226,367 (220,236)6,131 (73)6,058 
TOTAL$226,367 $(220,236)$6,131 $(73)$6,058 
                   
1    Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).