Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Off-Balance Sheet Commitments

The following table summarizes additional off-balance sheet commitments for the Bank (dollars in millions):

	December 31, 2025						December 31, 2024
	Expire within one year		Expire after one year		Total		Total
Standby letters of credit1,2	$	18,145	$	118	$	18,263	$	20,150
Standby bond purchase agreements2	179		1,070		1,249		1,024
Commitments to purchase mortgage loans	106		—		106		101
Commitments to issue bonds3	1,000		—		1,000		665
Commitments to issue discount notes3	3,060		—		3,060		—
Commitments to fund advances2,4	151		—		151		227

1    Excludes commitments to issue standby letters of credit, when applicable. At both December 31, 2025 and 2024, the Bank had no commitments to issue standby letters of credit.

2    The Bank has deemed it unnecessary to record any liability for credit losses on these agreements at December 31, 2025 and 2024, based on its credit extension and collateral policies.

3    The Bank enters into commitments to issue consolidated obligations in the normal course of its business, that generally settle within 30 calendar days.

4    The Bank enters into commitments to fund additional advances up to 24 months in the future.