v3.26.1
Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest Income:        
Advances [1] $ 419,456 $ 482,767 $ 816,385 $ 929,379
Interest-bearing deposits 18,248 22,880 34,440 45,934
Securities purchased under agreements to resell 17,725 43,430 55,930 98,661
Federal funds sold 47,968 41,944 86,953 72,494
Trading securities 10,431 10,409 20,787 20,738
Available-for-sale securities [1] 167,972 183,250 333,512 365,012
Held-to-maturity securities 66,562 77,084 132,799 153,547
Mortgage loans held for portfolio 138,233 124,892 274,778 240,883
Total interest income 886,595 986,656 1,755,584 1,926,648
Interest Expense:        
Consolidated obligation discount notes 260,055 [1] 263,623 502,706 [1] 493,021
Consolidated obligation bonds [1] 491,702 581,667 987,180 1,151,535
Deposits 8,203 9,432 15,383 19,650
Mandatorily redeemable capital stock 3,105 4,185 6,535 8,848
Total interest expense 763,065 858,907 1,511,804 1,673,054
Net interest income 123,530 127,749 243,780 253,594
Provision for (reversal of) credit losses 1 (33) (25) (6)
Net interest income after provision for (reversal of) credit losses 123,529 127,782 243,805 253,600
Other Income:        
Net gains on sales of available-for-sale securities 435 0 557 2,704
Net gains (losses) on trading securities (2,021) 2,332 (5,697) 9,253
Net gains (losses) on derivatives 1,119 270 4,742 (9,933)
Other, net 5,696 6,409 6,663 6,950
Total other income 5,229 9,011 6,265 8,974
Other Expenses:        
Compensation and benefits 18,237 17,167 35,960 34,466
Other operating expenses 9,803 9,513 18,555 17,978
Federal Housing Finance Agency 1,529 1,793 3,059 3,585
Office of Finance 1,733 1,218 3,140 3,368
Voluntary contributions to housing and community investment 9,762 5,397 9,957 16,585
Other, net 1,093 1,581 2,226 3,148
Total other expenses 42,157 36,669 72,897 79,130
Income before assessments 86,601 100,124 177,173 183,444
Affordable Housing Program assessments 8,971 10,431 18,371 19,229
Net income $ 77,630 $ 89,693 $ 158,802 $ 164,215
[1] For advances, AFS securities, discount notes, and CO bonds only, as applicable.