v3.26.1
Mortgage Loans Held for Portfolio (Tables)
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Mortgage Loans Held for Portfolio
The following table details the par value of mortgage loans held for portfolio outstanding categorized by type as of June 30, 2026 and December 31, 2025.
(in thousands)June 30, 2026December 31, 2025
Conventional loans$5,353,151 $5,090,977 
Government-guaranteed/insured loans80,719 84,188 
Total par value$5,433,870 $5,175,165 
Financing Receivable Credit Quality Indicators [Table Text Block]
Credit Quality Indicator for Conventional Mortgage Loans. The following table presents the payment status for conventional mortgage loans at June 30, 2026 and December 31, 2025.
June 30, 2026
(in thousands)Origination Year
Payment Status, at amortized cost (1)
Prior to 2022
2022 to 2026
Total
Past due 30-59 days$35,326 $13,218 $48,544 
Past due 60-89 days9,054 6,725 15,779 
Past due 90 days or more15,304 6,854 22,158 
Total past due loans$59,684 $26,797 $86,481 
Current loans2,925,013 2,384,965 5,309,978 
Total conventional loans $2,984,697 $2,411,762 $5,396,459 
December 31, 2025
(in thousands)
Origination Year
Payment Status, at amortized cost (1)
Prior to 2021
2021 to 2025
Total
Past due 30-59 days$35,717 $29,782 $65,499 
Past due 60-89 days9,369 8,636 18,005 
Past due 90 days or more11,683 8,675 20,358 
Total past due loans$56,769 $47,093 $103,862 
Current loans2,077,766 2,955,321 5,033,087 
Total conventional loans $2,134,535 $3,002,414 $5,136,949 
Note:
(1) The amortized cost at June 30, 2026 and December 31, 2025 excludes accrued interest receivable.

Other Delinquency Statistics. The following table presents the delinquency statistics for the Bank’s mortgage loans at June 30, 2026 and December 31, 2025.
June 30, 2026
(dollars in thousands) (1)
Conventional MPF LoansGovernment-Guaranteed or Insured Loans Total
In process of foreclosure, included above (2)
$10,560 $541 $11,101 
Serious delinquency rate (3)
0.4 %2.1 %0.4 %
Past due 90 days or more still accruing interest$ $1,742 $1,742 
Loans on nonaccrual status $25,904 $ $25,904 
December 31, 2025
(dollars in thousands) (1)
Conventional MPF LoansGovernment-Guaranteed or Insured Loans Total
In process of foreclosure, included above (2)
$5,897 $393 $6,290 
Serious delinquency rate (3)
0.4 %2.0 %0.4 %
Past due 90 days or more still accruing interest$— $1,693 $1,693 
Loans on nonaccrual status $24,074 $— $24,074 
Notes:
(1) Amounts presented at amortized cost.
(2) Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status.
(3) Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total loan portfolio class.
Financing Receivable, Past Due [Table Text Block] The following table presents the delinquency statistics for the Bank’s mortgage loans at June 30, 2026 and December 31, 2025.
June 30, 2026
(dollars in thousands) (1)
Conventional MPF LoansGovernment-Guaranteed or Insured Loans Total
In process of foreclosure, included above (2)
$10,560 $541 $11,101 
Serious delinquency rate (3)
0.4 %2.1 %0.4 %
Past due 90 days or more still accruing interest$ $1,742 $1,742 
Loans on nonaccrual status $25,904 $ $25,904 
December 31, 2025
(dollars in thousands) (1)
Conventional MPF LoansGovernment-Guaranteed or Insured Loans Total
In process of foreclosure, included above (2)
$5,897 $393 $6,290 
Serious delinquency rate (3)
0.4 %2.0 %0.4 %
Past due 90 days or more still accruing interest$— $1,693 $1,693 
Loans on nonaccrual status $24,074 $— $24,074 
Notes:
(1) Amounts presented at amortized cost.
(2) Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status.
(3) Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total loan portfolio class.