v3.25.2
Fair Values (Fair Value Summary) (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Assets:            
Cash and due from banks $ 25,078   $ 25,575      
Trading securities 153,520   439,963      
Available-for-sale securities 14,118,577   13,057,619      
Held-to-maturity securities, Carrying Value 203,895   219,826      
Held-to-maturity securities 202,124   217,476      
Accrued interest receivable 262,750   249,199      
Derivative assets 351,738   357,314      
Netting adjustments and cash collateral, Derivative Assets [1],[2] 224,644   261,631      
Liabilities:            
Accrued interest payable 437,246   347,843      
Derivative liabilities 2,407   6,131      
Netting adjustments and cash collateral, Derivative Liabilities [1],[2] (174,217)   (220,236)      
Other Asset (Liability):            
Advances (Note 4) 45,040,514   41,652,081      
Mortgage loans held for portfolio, net of allowance for credit losses of $3,999 and $4,033 (Note 5) 9,180,578   8,949,433      
Discount notes (Note 8) 9,530,052   14,417,047      
Bonds (Note 8) 64,732,483   55,864,506      
Mandatorily redeemable capital stock (Note 10) 6,081 $ 3,124 3,225 $ 3,442 $ 205 $ 247
Carrying Value [Member]            
Assets:            
Cash and due from banks 25,078   25,575      
Interest-bearing deposits 2,287,805   2,142,423      
Securities purchased under agreements to resell 4,400,000   5,150,000      
Federal funds sold 3,906,000   3,575,000      
Trading securities 153,520   439,963      
Available-for-sale securities 14,118,577   13,057,619      
Held-to-maturity securities, Carrying Value 203,895   219,826      
Advances 45,040,514   41,652,081      
Mortgage loans held for portfolio, net of allowance 9,180,578   8,949,433      
Accrued interest receivable 262,750   249,199      
Derivative assets 351,738   357,314      
Liabilities:            
Deposits 1,035,255   989,021      
Mandatorily redeemable capital stock 6,081   3,225      
Accrued interest payable 437,246   347,843      
Derivative liabilities 2,407   6,131      
Carrying Value [Member] | Industrial revenue bond [Member]            
Other Asset (Liability):            
Other asset (liability), asset 35,000   35,000      
Carrying Value [Member] | Financing lease payable [Member]            
Other Asset (Liability):            
Other asset (liability), liability (35,000)   (35,000)      
Carrying Value [Member] | Consolidated Obligation Discount Notes [Member]            
Liabilities:            
Consolidated obligation discount notes 9,530,052   14,417,047      
Carrying Value [Member] | Consolidated Obligation Bonds [Member]            
Liabilities:            
Consolidated obligation bonds 64,732,483   55,864,506      
Fair Value [Member]            
Assets:            
Cash and due from banks 25,078   25,575      
Interest-bearing deposits 2,287,805   2,142,423      
Securities purchased under agreements to resell 4,400,000   5,150,000      
Federal funds sold 3,906,000   3,575,000      
Trading securities 153,520   439,963      
Available-for-sale securities 14,118,577   13,057,619      
Held-to-maturity securities 202,124   217,476      
Advances 45,075,357   41,678,915      
Mortgage loans held for portfolio, net of allowance 8,405,889   8,003,324      
Accrued interest receivable 262,750   249,199      
Derivative assets 351,738   357,314      
Liabilities:            
Deposits 1,035,254   989,023      
Mandatorily redeemable capital stock 6,081   3,225      
Accrued interest payable 437,246   347,843      
Derivative liabilities 2,407   6,131      
Fair Value [Member] | Industrial revenue bond [Member]            
Other Asset (Liability):            
Other asset (liability), asset 33,803   33,112      
Fair Value [Member] | Financing lease payable [Member]            
Other Asset (Liability):            
Other asset (liability), liability (33,803)   (33,112)      
Fair Value [Member] | Consolidated Obligation Discount Notes [Member]            
Liabilities:            
Consolidated obligation discount notes 9,529,409   14,419,420      
Fair Value [Member] | Consolidated Obligation Bonds [Member]            
Liabilities:            
Consolidated obligation bonds 64,073,019   55,000,797      
Level 1 [Member]            
Assets:            
Cash and due from banks 25,078   25,575      
Interest-bearing deposits 0   0      
Securities purchased under agreements to resell 0   0      
Federal funds sold 0   0      
Trading securities 0   0      
Available-for-sale securities 0   0      
Held-to-maturity securities 0   0      
Advances 0   0      
Mortgage loans held for portfolio, net of allowance 0   0      
Accrued interest receivable 0   0      
Derivative assets 0   0      
Liabilities:            
Deposits 0   0      
Mandatorily redeemable capital stock 6,081   3,225      
Accrued interest payable 0   0      
Derivative liabilities 0   0      
Level 1 [Member] | Industrial revenue bond [Member]            
Other Asset (Liability):            
Other asset (liability), asset 0   0      
Level 1 [Member] | Financing lease payable [Member]            
Other Asset (Liability):            
Other asset (liability), liability 0   0      
Level 1 [Member] | Consolidated Obligation Discount Notes [Member]            
Liabilities:            
Consolidated obligation discount notes 0   0      
Level 1 [Member] | Consolidated Obligation Bonds [Member]            
Liabilities:            
Consolidated obligation bonds 0   0      
Level 2 [Member]            
Assets:            
Cash and due from banks 0   0      
Interest-bearing deposits 2,287,805   2,142,423      
Securities purchased under agreements to resell 4,400,000   5,150,000      
Federal funds sold 3,906,000   3,575,000      
Trading securities 153,520   439,963      
Available-for-sale securities 14,070,339   13,033,440      
Held-to-maturity securities 172,746   187,027      
Advances 45,075,357   41,678,915      
Mortgage loans held for portfolio, net of allowance 8,399,747   8,001,989      
Accrued interest receivable 262,750   249,199      
Derivative assets 127,094   95,683      
Liabilities:            
Deposits 1,035,254   989,023      
Mandatorily redeemable capital stock 0   0      
Accrued interest payable 437,246   347,843      
Derivative liabilities 176,624   226,367      
Level 2 [Member] | Industrial revenue bond [Member]            
Other Asset (Liability):            
Other asset (liability), asset 33,803   33,112      
Level 2 [Member] | Financing lease payable [Member]            
Other Asset (Liability):            
Other asset (liability), liability (33,803)   (33,112)      
Level 2 [Member] | Consolidated Obligation Discount Notes [Member]            
Liabilities:            
Consolidated obligation discount notes 9,529,409   14,419,420      
Level 2 [Member] | Consolidated Obligation Bonds [Member]            
Liabilities:            
Consolidated obligation bonds 64,073,019   55,000,797      
Level 3 [Member]            
Assets:            
Cash and due from banks 0   0      
Interest-bearing deposits 0   0      
Securities purchased under agreements to resell 0   0      
Federal funds sold 0   0      
Trading securities 0   0      
Available-for-sale securities 48,238   24,179      
Held-to-maturity securities 29,378   30,449      
Advances 0   0      
Mortgage loans held for portfolio, net of allowance 6,142   1,335      
Accrued interest receivable 0   0      
Derivative assets 0   0      
Liabilities:            
Deposits 0   0      
Mandatorily redeemable capital stock 0   0      
Accrued interest payable 0   0      
Derivative liabilities 0   0      
Level 3 [Member] | Industrial revenue bond [Member]            
Other Asset (Liability):            
Other asset (liability), asset 0   0      
Level 3 [Member] | Financing lease payable [Member]            
Other Asset (Liability):            
Other asset (liability), liability 0   0      
Level 3 [Member] | Consolidated Obligation Discount Notes [Member]            
Liabilities:            
Consolidated obligation discount notes 0   0      
Level 3 [Member] | Consolidated Obligation Bonds [Member]            
Liabilities:            
Consolidated obligation bonds $ 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.