v3.25.3
Transactions with Related Parties (Tables)
 9 Months Ended
Sep. 30, 2025
Related Party Transaction [Line Items]  
Related Party Transactions, by Balance Sheet Grouping
The following table includes significant outstanding related party member-activity balances.
(in thousands)September 30, 2025December 31, 2024
Advances (1)
$23,709,587 $44,190,541 
Letters of credit (2)
904,035 19,572,063 
MPF loans268,339 285,175 
Deposits12,134 38,181 
Capital stock1,042,715 2,015,411 
Notes:
(1) Amount excludes accrued interest, deferred prepayment fees, and hedging adjustment
(2) Letters of credit are off-balance sheet commitments.
Related Party Transactions, Income Statement
The following table summarizes the effects on the Statements of Income corresponding to the related party member balances above. Amounts related to interest expense on deposits were immaterial for the periods presented.
 Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Interest income on advances (1)
$265,059 $707,827 $1,102,610 $2,006,556 
Interest income on MPF loans2,934 3,147 8,906 7,795 
Letters of credit fees240 6,112 13,094 17,946 
Note:
(1) Interest income on advances includes contractual interest income and prepayment fees. The effect of derivative activities is not included.
FHLBank of Chicago [Member]  
Related Party Transaction [Line Items]  
Schedule of Related Party Transactions, Mortgage Loans
The following table summarizes the effect of the MPF activities with FHLBank of Chicago.
 Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Servicing fee expense$1,056 $987 $3,063 $2,944 
(in thousands)September 30, 2025December 31, 2024
Interest-bearing deposits maintained with FHLBank of Chicago$5,436 $5,263