v3.26.1
Statements of Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 23,458 $ 39,430
Interest-bearing deposits (Notes 8 and 9) 2,969,530 2,725,508
Securities purchased under agreements to resell (Notes 8, 9 and 12) 7,750,000 16,650,000
Federal funds sold (Notes 8 and 9) 9,030,000 7,409,000
Trading securities (Notes 3, 8, 12 and 16) ($347,962 and $115,077 pledged at March 31, 2026 and December 31, 2025, respectively, of which $206,939 and $0, respectively, could be rehypothecated) 6,045,601 3,514,824
Available-for-sale securities (a) (Notes 4, 8, 9, 12 and 16) ($0 and $360,297 pledged at March 31, 2026 and December 31, 2025, respectively, of which $0 and $303,565, respectively, could be rehypothecated) [1] 18,928,831 19,308,192
Held-to-maturity securities (b) (Notes 5, 8 and 9) [2] 985,529 1,048,479
Advances (Notes 6, 8 and 9) 44,215,047 50,820,106
Mortgage loans held for portfolio, net of allowance for credit losses of $8,673 and $8,554 at March 31, 2026 and December 31, 2025, respectively (Notes 7, 8 and 9) 6,725,287 6,555,131
Accrued interest receivable (Note 8) 272,919 287,082
Premises and equipment, net 19,967 19,205
Derivative assets (Notes 12 and 13) 7,914 37,898
Other assets (Note 9) (including $25,817 and $24,997 of securities held at fair value at March 31, 2026 and December 31, 2025, respectively) 97,981 97,160
TOTAL ASSETS 97,072,064 108,512,015
LIABILITIES AND CAPITAL    
Deposits (including $38 of non-interest bearing deposits at March 31, 2026 and December 31, 2025) 2,490,119 2,195,932
Consolidated obligations (Note 10)    
Discount notes 27,317,808 40,185,289
Bonds 60,190,861 57,885,556
Total consolidated obligations 87,508,669 98,070,845
Mandatorily redeemable capital stock 101,662 7,967
Transactions with Other FHLBanks (Note 18) 0 0
Accrued interest payable 395,385 356,354
Affordable Housing Program (Note 11) 222,108 222,138
Derivative liabilities (Notes 12 and 13) 32,713 4,355
Other liabilities (Note 4) 56,000 884,553
Total liabilities 90,806,656 101,742,144
Capital stock    
Total Class B Capital Stock 2,752,740 3,338,359
Retained earnings    
Unrestricted 2,515,944 2,460,107
Restricted 791,312 766,937
Total retained earnings 3,307,256 3,227,044
Accumulated other comprehensive income (Note 19) 205,412 204,468
Total capital 6,265,408 6,769,871
TOTAL LIABILITIES AND CAPITAL 97,072,064 108,512,015
Capital stock — Class B-1 putable ($100 par value) issued and outstanding shares: 10,303,207 and 12,636,851 shares at March 31, 2026 and December 31, 2025, respectively    
Capital stock    
Total Class B Capital Stock 1,030,321 1,263,685
Capital stock — Class B-2 putable ($100 par value) issued and outstanding shares: 17,224,190 and 20,746,739 shares at March 31, 2026 and December 31, 2025, respectively    
Capital stock    
Total Class B Capital Stock $ 1,722,419 $ 2,074,674
[1] Amortized cost: $18,745,712 and $19,125,045 at March 31, 2026 and December 31, 2025, respectively.
[2] Fair values: $989,648 and $1,048,632 at March 31, 2026 and December 31, 2025, respectively.