v3.25.2
Assets and Liabilities Subject to Offsetting Assets Subject to Offsetting (Schedule of Offsetting Assets) (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Offsetting Assets [Line Items]    
Derivative assets, Gross Amounts of Recognized Assets $ 127,094 $ 95,683
Derivative assets, Gross Amounts Offset in the Statement of Condition [1],[2] 224,644 261,631
DERIVATIVE ASSETS 351,738 357,314
Derivative Asset, Gross Amounts Not Offset in the Statement of Condition [3] (567) (30)
Derivative Asset, Net Amount 351,171 357,284
Securities purchased under agreements to resell, Gross Amounts of Recognized Assets 4,400,000 5,150,000
Securities Purchased under Agreements to Resell, Gross Amounts Offset in the Statements of Condition 0 0
Securities purchased under agreements to Resell, Net Amounts of Assets Presented in the Statement of Condition 4,400,000 5,150,000
Securities purchased under agreements to resell, Gross Amounts Not Offset in the Statement of Condition [3] (4,400,000) (5,150,000)
Security Purchased under Agreement to Resell, Subject to Master Netting Arrangement, after Offset and Deduction 0 0
TOTAL, Gross Amounts of Recognized Assets 4,527,094 5,245,683
TOTAL, Gross Amounts Offset in the Statement of Condition 224,644 261,631
TOTAL, Net Amounts of Assets Presented in the Statement of Condition 4,751,738 5,507,314
TOTAL, Gross Amounts Not Offset in the Statement of Condition1 [3] (4,400,567) (5,150,030)
Total, Net Amount 351,171 357,284
Uncleared derivatives [Member]    
Offsetting Assets [Line Items]    
Derivative assets, Gross Amounts of Recognized Assets 126,824 90,722
Derivative assets, Gross Amounts Offset in the Statement of Condition (123,119) (86,061)
DERIVATIVE ASSETS 3,705 4,661
Derivative Asset, Gross Amounts Not Offset in the Statement of Condition [3] (567) (30)
Derivative Asset, Net Amount 3,138 4,631
Cleared derivatives [Member]    
Offsetting Assets [Line Items]    
Derivative assets, Gross Amounts of Recognized Assets 270 4,961
Derivative assets, Gross Amounts Offset in the Statement of Condition 347,763 347,692
DERIVATIVE ASSETS 348,033 352,653
Derivative Asset, Gross Amounts Not Offset in the Statement of Condition [3] 0 0
Derivative Asset, Net Amount $ 348,033 $ 352,653
[1] Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $459,106,000 and $521,222,000 as of June 30, 2025 and December 31, 2024, respectively. Cash collateral received was $60,244,000 and $39,354,000 as of June 30, 2025 and December 31, 2024, respectively.
[2] Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.
[3] 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).