v3.26.1
Statements of Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME        
Advances $ 1,405 $ 1,284 $ 2,696 $ 2,470
Prepayment Fees on Advances, Net 1 2 3 3
Interest-bearing deposits 46 48 87 101
Securities purchased under agreements to resell 148 118 314 229
Federal funds sold 67 137 145 277
Trading securities 60 55 119 93
Available-for-sale securities 310 345 632 684
Held-to-maturity securities 4 8 9 17
Mortgage loans held for portfolio 179 144 352 278
Total interest income 2,220 2,141 4,357 4,152
INTEREST EXPENSE        
Consolidated obligations - Discount notes 930 595 1,818 1,291
Consolidated obligations - Bonds 941 1,244 1,855 2,301
Deposits 9 12 17 22
Interest Expense, Capital Securities 1 1 3 1
Interest Expense, Operating 1,881 1,852 3,693 3,615
NET INTEREST INCOME 339 289 664 537
OTHER INCOME (LOSS)        
Net gains (losses) on trading securities (42) 22 (91) 69
Fair Value, Option, Changes in Fair Value, Gain (Loss) 0 7 6 27
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 44 (24) 90 (59)
Other, net 15 11 23 20
Total other income (loss) 17 16 28 57
OTHER EXPENSE        
Compensation and benefits 20 20 41 42
Contractual services 7 6 14 13
Professional fees 3 4 6 7
Other operating expenses 6 6 12 11
Voluntary housing and community contributions 30 43 55 55
Federal Housing Finance Agency 4 4 7 8
Office of Finance 2 1 6 4
Other, net 5 6 10 11
Total other expense 77 90 151 151
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 279 215 541 443
Affordable Housing Program assessments 28 21 54 44
NET INCOME $ 251 $ 194 $ 487 $ 399