v3.26.3
Statements of Condition - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks (Note 3) $ 76,249 $ 38,192
Interest-bearing deposits (Note 4) 3,730,000 2,960,000
Securities purchased under agreements to resell (Note 4) 12,955,000 15,950,000
Federal funds sold (Note 4) 13,825,000 11,550,000
Trading securities (Note 5) (Includes $839,285 pledged as collateral at September 30, 2026 and $845,578 at December 31, 2025) 9,459,131 7,387,187
Equity Investments (Note 6) 105,049 103,707
Available-for-sale securities, amortized cost of $12,937,180 at September 30, 2026 and $12,377,325 at December 31, 2025 (Note 7) 12,799,752 12,345,845
Held-to-maturity securities, net of allowance for credit losses of $86 at September 30, 2026 and $76 at December 31, 2025 (Note 8) (Includes $0 pledged as collateral at September 30, 2026 and December 31, 2025) 12,276,399 10,490,167
Advances (Note 9) (Includes $0 at September 30, 2026 and December 31, 2025 at fair value under the fair value option) 119,668,944 92,306,684
Mortgage loans held-for-portfolio, net of allowance for credit losses of $4,948 at September 30, 2026 and $3,691 at December 31, 2025 (Note 10) 2,918,011 2,644,449
Accrued interest receivable 662,461 523,973
Premises, software, and equipment 77,444 84,524
Operating lease right-of-use assets (Note 19) 40,207 44,289
Finance lease right-of-use asset (Note 19) 1,178 1,532
Derivative assets (Note 17) 52,312 99,548
Other assets 7,578 14,896
Total assets 188,654,715 156,544,993
Deposits (Note 11)    
Interest-bearing demand 1,944,840 3,071,958
Non-interest-bearing demand 21,109 18,003
Total deposits 1,965,949 3,089,961
Consolidated obligations, net (Note 12)    
Bonds (Includes $124,260 at September 30, 2026 and $556,866 at December 31, 2025 at fair value under the fair value option) 104,967,394 68,466,741
Discount notes (Includes $0 at September 30, 2026 and $577,958 at December 31, 2025 at fair value under the fair value option) 71,261,091 76,019,517
Total Consolidated obligations 176,228,485 144,486,258
Mandatorily redeemable capital stock (Note 14) 7,676 7,585
Accrued interest payable 597,939 470,265
Affordable Housing Program (Note 13) 256,047 247,824
Derivative liabilities (Note 17) 4,199 4,097
Other liabilities 162,935 167,633
Operating lease liabilities (Note 19) 49,901 54,696
Finance lease liabilities (Note 19) 1,222 1,571
Total liabilities 179,274,353 148,529,890
Commitments and Contingencies (Notes 14, 17 and 19)
Capital (Note 14)    
Capital stock issued 6,725,683 5,411,075
Unrestricted 1,336,228 1,286,417
Restricted 1,421,689 1,328,728
Total retained earnings 2,757,917 2,615,145
Total accumulated other comprehensive income (loss) (103,238) (11,117)
Total capital 9,380,362 8,015,103
Total liabilities and capital $ 188,654,715 $ 156,544,993