v3.25.2
Assets and Liabilities Subject to Offsetting Liabilities Subject to Offsetting (Schedule of Offsetting Liabilities) (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Offsetting Liabilities [Line Items]    
Derivative liabilities, Gross Amounts of Recognized Liabilities $ 176,624 $ 226,367
Derivative liabilities, Gross Amounts Offset in the Statement of Condition [1],[2] (174,217) (220,236)
Total derivative liability, Net Amounts of Liabilities Presented in the Statements of Condition 2,407 6,131
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition [3] (1) (73)
Derivative Liability, Net Amount 2,406 6,058
TOTAL, Gross Amounts of Recognized Liabilities 176,624 226,367
TOTAL, Gross Amounts Offset in the Statement of Condition (174,217) (220,236)
TOTAL, Net Amounts of Liabilities Presented in the Statement of Condition 2,407 6,131
TOTAL, Gross Amounts Not Offset in the Statement of Condition [3] (1) (73)
TOTAL, Net Amount 2,406 6,058
Uncleared derivatives [Member]    
Offsetting Liabilities [Line Items]    
Derivative liabilities, Gross Amounts of Recognized Liabilities 157,844 225,991
Derivative liabilities, Gross Amounts Offset in the Statement of Condition (155,437) (219,860)
Total derivative liability, Net Amounts of Liabilities Presented in the Statements of Condition 2,407 6,131
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition [3] (1) (73)
Derivative Liability, Net Amount 2,406 6,058
Cleared derivatives [Member]    
Offsetting Liabilities [Line Items]    
Derivative liabilities, Gross Amounts of Recognized Liabilities 18,780 376
Derivative liabilities, Gross Amounts Offset in the Statement of Condition (18,780) (376)
Total derivative liability, Net Amounts of Liabilities Presented in the Statements of Condition 0 0
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition [3] 0 0
Derivative Liability, Net Amount $ 0 $ 0
[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).