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Statements of Condition - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Cash and due from banks $ 118 $ 13
Interest-bearing deposits 2,269 2,555
Securities purchased under agreements to resell 7,000 7,300
Federal funds sold 3,562 3,845
Trading Securities [1] 1,766 661
Available-for-sale (AFS) securities [2] 15,495 6,931
Held-to-maturity (HTM) securities (fair values were $7,566 and $11,047, respectively) [1],[3] 7,545 11,089
Advances (includes $4,370 and $5,133 at fair value under the fair value option, respectively) 65,374 73,434
Mortgage loans held for portfolio, net of allowance for credit losses of $0 and $0, respectively 3,314 3,066
Accrued interest receivable 139 133
Derivative assets, net 33 185
Other assets 227 114
Total Assets 106,842 109,326
Liabilities:    
Deposits 537 262
Consolidated obligations:    
Bonds (includes $337 and $2,019 at fair value under the fair value option, respectively) 71,372 72,276
Discount notes 27,376 29,182
Total consolidated obligations 98,748 101,458
Mandatorily redeemable capital stock 138 227
Borrowings from other FHLBanks 0 250
Accrued interest payable 164 155
Affordable Housing Program (AHP) payable 152 182
Derivative liabilities, net 0 10
Other liabilities 362 252
Total Liabilities 100,101 102,796
Commitments and Contingencies (Note 20)
Capital:    
Capital stock-Class B-Putable ($100 par value) issued and outstanding: 30 shares and 29 shares, respectively 3,000 2,949
Unrestricted retained earnings 2,754 2,699
Restricted retained earnings 713 647
Total Retained Earnings 3,467 3,346
Accumulated other comprehensive income/(loss) (AOCI) 274 235
Total Capital 6,741 6,530
Total Liabilities and Capital 106,842 109,326
Available-for-sale securities pledged as collateral that may be repledged $ 381 $ 0
[1]
At December 31, 2019 and 2018, none of these securities were pledged as collateral that may be repledged.
[2]
At December 31, 2019, $381 of these securities were pledged as collateral that may be repledged. At December 31, 2018, none of these securities were pledged as collateral that may be repledged.
[3]
Amortized cost includes unpaid principal balance, unamortized premiums and discounts, and previous OTTI recognized in earnings. The carrying value of HTM securities represents amortized cost after adjustment for non-credit-related OTTI recognized in AOCI.