Mortgage Loans Held for Portfolio (Tables)

6 Months Ended

Jun. 30, 2026

The following table presents information on mortgage loans held for portfolio by contractual maturity at the time of purchase.


	As of June 30, 2026		As of December 31, 2025
Medium-term (15 years or less)	$	1	$	1
Long-term (greater than 15 years)	71		76

Total unpaid principal balance	72		77


Total mortgage loans held for portfolio (1)	72		77
Allowance for credit losses on mortgage loans	—		—
Mortgage loans held for portfolio, net	$	72	$	77

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(1) Amortized cost, excluding accrued interest receivable that was not material for the reported periods.

The following table presents mortgage loans held for portfolio by collateral or guarantee type.


	As of June 30, 2026		As of December 31, 2025
Conventional mortgage loans	$	66	$	71
Government-guaranteed or insured mortgage loans	6		6
Total unpaid principal balance	$	72	$	77

Past Due Financing Receivables

Payment status is a key credit quality indicator for conventional mortgage loans and allows the Bank to monitor borrower performance. The following table presents the payment status for conventional mortgage loans. All of the Bank’s conventional mortgage loans were originated prior to 2018.


	As of June 30, 2026		As of December 31, 2025


Payment status, at amortized cost: (1)
Past due 30-59 days	$	1	$	2
Past due 60-89 days	1		1
Past due 90 days or more	1		1
Total past due mortgage loans	3		4
Current mortgage loans	63		67
Total conventional mortgage loans	$	66	$	71

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(1) Amortized cost excludes accrued interest receivable that was not material for the reported periods.