Transactions with Other FHLBanks

3 Months Ended

Mar. 31, 2026

Transactions with Other FHLBanks [Abstract]

Occasionally, the Bank loans (or borrows) short-term federal funds to (or from) other FHLBanks. The Bank did not loan any short-term federal funds to other FHLBanks during the three months ended March 31, 2026 or 2025.

During both the three months ended March 31, 2026 and 2025, interest expense on borrowings from other FHLBanks totaled $1,000. The following table summarizes the Bank’s borrowings from other FHLBanks during the three months ended March 31, 2026 and 2025 (in thousands).


	Three Months Ended March 31,
	2026		2025
Balance at January 1,	$	—	$	—


Borrowings from FHLBank of Indianapolis	10,000		10,000










Repayments to FHLBank of Indianapolis	(10,000)		(10,000)








Balance at March 31,	$	—	$	—

The Bank has, from time to time, assumed the outstanding debt of another FHLBank rather than issue new debt. In connection with these transactions, the Bank becomes the primary obligor for the transferred debt. The Bank did not assume any debt from other FHLBanks during the three months ended March 31, 2026 or 2025.