v3.26.3
Statements of Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest Income:        
Advances $ 357 $ 462 $ 1,108 $ 1,468
Interest-bearing deposits 33 40 97 125
Securities purchased under agreements to resell 26 32 87 80
Federal funds sold 66 65 190 192
AFS securities 231 280 694 818
HTM securities 7 15 22 50
Mortgage loans held for portfolio 4 5 13 15
Total Interest Income 724 899 2,211 2,748
Interest Expense:        
Bonds 341 561 1,069 1,761
Discount notes 225 173 661 499
Deposits 11 15 35 46
Mandatorily redeemable capital stock 5 3 13 11
Total Interest Expense 582 752 1,778 2,317
Net Interest Income 142 147 433 431
Provision for/(reversal of) credit losses 6 (2) 12 2
Net Interest Income After Provision for/(Reversal of) Credit Losses 136 149 421 429
Other Income/(Loss):        
Net gain/(loss) on advances and consolidated obligation bonds held under fair value option (20) (3) (62) 34
Net gain/(loss) on derivatives 15 15 46 1
Standby letters of credit fees 5 4 16 14
Other, net 2 3 4 7
Total Other Income/(Loss) 2 19 4 56
Non-Interest Expense:        
Compensation and benefits 23 24 71 77
Other operating expense 13 13 37 41
Federal Housing Finance Agency 2 2 4 6
Office of Finance 1 1 4 4
Voluntary housing and community investment contributions 28 6 64 26
Other, net (1) 0 (2) (1)
Total Non-Interest Expense 66 46 178 153
Income/(Loss) Before Assessment 72 122 247 332
AHP assessment 8 12 26 34
Net Income/(Loss) $ 64 $ 110 $ 221 $ 298