v3.26.1
Statements of Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income        
Advances $ 1,084 $ 1,193 $ 2,117 $ 2,301
Interest-bearing deposits 28 36 55 67
Securities purchased under agreements to resell 52 55 98 117
Federal funds sold 136 142 276 286
Available-for-sale securities 128 83 227 143
Held-to-maturity securities 245 312 506 621
Mortgage loans 1 1 2 2
Total interest income 1,674 1,822 3,281 3,537
Interest expense        
Discount notes 409 189 816 417
Bonds 1,041 1,397 2,016 2,654
Interest-bearing deposits 21 24 41 47
Total interest expense 1,471 1,610 2,873 3,118
Net interest income 203 212 408 419
Noninterest income (loss)        
Standby letters of credit fees 8 5 16 9
Other, net 0 0 4 1
Total noninterest income 8 5 20 10
Noninterest expense        
Compensation and benefits 22 21 45 43
Other operating expenses 16 13 31 27
Federal Housing Finance Agency 3 4 5 7
Office of Finance 2 2 5 4
Voluntary housing and community investment 26 20 41 31
Other, net 1 0 2 1
Total noninterest expense 70 60 129 113
Income before assessment 141 157 299 316
Affordable Housing Program assessment 14 16 30 32
Net income $ 127 $ 141 $ 269 $ 284