v3.25.2
Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INTEREST INCOME:        
Interest Income, Federal Home Loan Bank Advances $ 548,614 $ 634,504 $ 1,056,702 $ 1,226,491
Interest-bearing deposits 30,451 38,243 60,117 74,244
Securities purchased under agreements to resell 34,985 40,123 67,422 80,366
Federal funds sold 49,410 56,945 100,404 111,068
Trading securities 2,045 6,392 5,180 12,910
Available-for-sale securities 180,970 193,900 357,339 383,959
Held-to-maturity securities 2,595 3,598 5,312 7,306
Mortgage loans held for portfolio 91,191 78,337 179,697 152,813
Other 175 179 380 356
Total interest income 940,436 1,052,221 1,832,553 2,049,513
INTEREST EXPENSE:        
Deposits 9,093 10,146 17,898 19,876
Consolidated obligations:        
Discount notes 114,114 233,774 231,289 461,315
Bonds 677,333 669,999 1,310,351 1,293,539
Mandatorily redeemable capital stock 65 52 129 55
Other 315 292 643 629
Total interest expense 800,920 914,263 1,560,310 1,775,414
NET INTEREST INCOME 139,516 137,958 272,243 274,099
Provision (reversal) for credit losses on mortgage loans 752 (863) 860 (1,063)
NET INTEREST INCOME AFTER LOAN LOSS PROVISION (REVERSAL) 138,764 138,821 271,383 275,162
OTHER INCOME (LOSS):        
Net gains (losses) on trading securities 1,828 3,938 4,367 5,729
Net gains (losses) on derivatives (2,506) 1,678 (5,024) 10,206
Standby bond purchase agreement commitment fees 778 737 1,527 1,488
Letters of credit fees 2,078 2,294 4,213 4,661
Other 638 614 1,253 1,093
Total other income (loss) 2,816 9,261 6,336 23,177
OTHER EXPENSES:        
Compensation and benefits 13,468 12,535 25,714 24,855
Other operating 6,773 7,015 14,004 13,528
Federal Housing Finance Agency 1,804 1,370 3,608 2,739
Office of Finance 1,160 1,243 2,440 2,371
Mortgage loans transaction service fees 1,787 1,712 3,545 3,379
Voluntary housing and community investment program contributions 10,965 3,919 12,010 3,919
Other 263 101 707 527
Total other expenses 36,220 27,895 62,028 51,318
INCOME BEFORE ASSESSMENTS 105,360 120,187 215,691 247,021
Affordable Housing Program 10,543 12,024 21,582 24,708
NET INCOME $ 94,817 $ 108,163 $ 194,109 $ 222,313