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Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INTEREST INCOME    
Advances $ 1,291 $ 1,186
Prepayment Fees on Advances, Net 2 1
Interest-bearing deposits 41 53
Securities purchased under agreements to resell 166 111
Federal funds sold 78 140
Trading securities 59 38
Available-for-sale securities 322 339
Held-to-maturity securities 5 9
Mortgage loans held for portfolio 173 134
Total interest income 2,137 2,011
INTEREST EXPENSE    
Consolidated obligations - Discount notes 888 696
Consolidated obligations - Bonds 914 1,057
Deposits 8 10
Interest Expense, Capital Securities 2 0
Interest Expense, Operating 1,812 1,763
NET INTEREST INCOME 325 248
OTHER INCOME (LOSS)    
Net gains (losses) on trading securities (49) 47
Fair Value, Option, Changes in Fair Value, Gain (Loss) 6 20
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 46 (35)
Other, net 8 9
Total other income (loss) 11 41
OTHER EXPENSE    
Compensation and benefits 21 22
Contractual services 7 7
Professional fees 3 3
Other operating expenses 6 5
Voluntary housing and community contributions 25 12
Federal Housing Finance Agency 3 4
Office of Finance 4 3
Other, net 5 5
Total other expense 74 61
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 262 228
Affordable Housing Program assessments 26 23
NET INCOME $ 236 $ 205