v3.26.1
Segment Information and Concentration
 6 Months Ended
Jun. 30, 2026
Risks and Uncertainties [Abstract]  
Segment Information and Concentration Note 21.    Segment Information and Concentration.
The Bank engages in business activities to provide funding, liquidity, and services to members. The Bank manages these
operations as one operating segment. During the three months and six months ended June 30, 2026, the Bank did not earn
interest income from any advance holders which accounted for 10% or more of the Bank's total revenue for the respective
periods.
The top ten advance holders and associated interest income for the periods then ended are summarized as follows (dollars in
thousands):
June 30, 2026
Three Months
Six Months
City
State
Par
Advances
Percentage
of Total Par
Value
of Advances
Interest 
Income
Percentage
 (a)
Interest
Income
Percentage
 (a)
Citibank, N.A.
New York
NY
$29,000,000
22.71
%
$165,771
19.83
%
$261,932
17.12
%
MetLife, Inc.:
Metropolitan Life Insurance Company
New York
NY
12,835,000
10.05
108,232
12.95
214,610
14.03
Metropolitan Tower Life Insurance
Company
Whippany
NJ
1,380,000
1.08
12,513
1.50
25,028
1.64
Subtotal MetLife, Inc.
14,215,000
11.13
120,745
14.45
239,638
15.67
Teachers Ins. and Annuity Assoc of America
New York
NY
12,866,800
10.08
128,343
15.35
240,772
15.74
Flagstar Bank, N.A.
Hicksville
NY
8,500,000
6.66
78,742
9.42
168,626
11.02
Equitable Financial Life Insurance Co.
New York
NY
6,865,063
5.38
64,873
7.76
127,972
8.37
Goldman Sachs Bank USA
New York
NY
5,500,000
4.31
54,047
6.46
108,233
7.08
New York Life Insurance Company
New York
NY
4,788,000
3.75
49,683
5.94
96,553
6.31
Morgan Stanley Private Bank, NA
Purchase
NY
4,600,000
3.60
62,508
7.48
89,014
5.82
Manufacturers and Traders Trust Company
Buffalo
NY
4,550,132
3.56
73,059
8.74
125,607
8.21
Guardian Life Insurance Co. of America
New York
NY
4,049,717
3.17
38,242
4.57
71,418
4.67
Total
$94,934,712
74.35
%
$836,013
100.00
%
$1,529,764
100.00
%
(a)Interest income percentage is the member’s interest income from advances as a percentage of the top 10 members.
December 31, 2025
Twelve Months
City
State
Par Advances
Percentage of
Total Par Value
of Advances
Interest 
Income
Percentage
 (a)
MetLife, Inc.:
Metropolitan Life Insurance Company
New York
NY
$12,835,000
13.88
%
$472,618
15.72
%
Metropolitan Tower Life Insurance Company
Whippany
NJ
1,380,000
1.49
53,636
1.78
Subtotal MetLife, Inc.
14,215,000
15.37
526,254
17.50
Flagstar Bank, N.A.
Hicksville
NY
9,750,000
10.54
525,013
17.47
Citibank, N.A.
New York
NY
9,000,000
9.73
627,210
20.86
Teachers Ins. & Annuity Assoc of America
New York
NY
7,228,900
7.82
330,216
10.98
Equitable Financial Life Insurance Co.
New York
NY
6,865,063
7.42
283,217
9.42
Goldman Sachs Bank USA
New York
NY
5,500,000
5.95
225,157
7.49
New York Life Insurance Company
New York
NY
4,588,000
4.96
166,103
5.53
Guardian Life Insurance Co. of America
New York
NY
3,212,279
3.47
128,077
4.26
Prudential Insurance Company of America
Newark
NJ
2,619,250
2.83
83,396
2.77
Valley National Bank
Morristown
NJ
2,463,604
2.66
111,650
3.71
Total
$65,442,096
70.75
%
$3,006,293
100.00
%
(a)Interest income percentage is the member’s interest income from advances as a percentage of the top 10 members.
June 30, 2025
Three Months
Six Months
City
State
Par
Advances
Percentage
of Total Par
Value
of Advances
Interest
 Income
Percentage
 (a)
Interest 
Income
Percentage
 (a)
Citibank, N.A.
New York
NY
$15,500,000
14.77
%
$179,027
22.27
%
$347,304
22.46
%
MetLife, Inc.:
Metropolitan Life Insurance Company
New York
NY
12,835,000
12.23
117,923
14.67
235,138
15.21
Metropolitan Tower Life Insurance
Company
Whippany
NJ
1,380,000
1.31
13,329
1.66
26,144
1.69
Subtotal MetLife, Inc.
14,215,000
13.54
131,252
16.33
261,282
16.90
Flagstar Bank, N.A.
Hicksville
NY
10,750,000
10.24
138,490
17.22
278,980
18.04
Teachers Ins. & Annuity Assoc of America
New York
NY
6,920,900
6.59
84,840
10.55
170,442
11.02
Equitable Financial Life Insurance Co.
New York
NY
6,865,063
6.54
72,214
8.98
144,001
9.31
Goldman Sachs Bank USA
New York
NY
5,000,000
4.76
57,826
7.19
115,469
7.47
New York Life Insurance Company
New York
NY
3,788,000
3.61
43,734
5.44
82,280
5.32
Guardian Life Insurance Co. of America
Buffalo
NY
3,019,436
2.88
30,920
3.85
58,502
3.78
Morgan Stanley Private Bank, NA
Purchase
NY
3,000,000
2.86
44,942
5.59
46,838
3.03
Prudential Insurance Company of America
Newark
NJ
2,619,250
2.50
20,792
2.59
41,355
2.67
Total
$71,677,649
68.28
%
$804,036
100.00
%
$1,546,453
100.00
%
(a)Interest income percentage is the member’s interest income from advances as a percentage of the top 10 members.