Transactions With Stockholders And Housing Associates

6 Months Ended

Jun. 30, 2011

Transactions With Stockholders And Housing Associates

Transactions With Stockholders And Housing Associates

NOTE 16 – TRANSACTIONS WITH STOCKHOLDERS AND HOUSING ASSOCIATES

The FHLBank is a cooperative whose members own the capital stock of the FHLBank and generally receive dividends on their investments. In addition, certain former members that still have outstanding transactions are also required to maintain their investments in FHLBank capital stock until the transactions mature or are paid off. Nearly all outstanding advances are with current members, and the majority of outstanding mortgage loans held for portfolio were purchased from current or former members. The FHLBank also maintains demand deposit accounts for members primarily to facilitate settlement activities that are directly related to advances and mortgage loan purchases.

Transactions with members are entered into in the ordinary course of business. In instances where members also have officers or directors who are directors of the FHLBank, transactions with those members are subject to the same eligibility and credit criteria, as well as the same terms and conditions, as other transactions with members. For financial reporting and disclosure purposes, the FHLBank defines related parties as FHLBank directors' financial institutions and members with capital stock investments in excess of 10 percent of the FHLBank's total regulatory capital stock outstanding, which includes mandatorily redeemable capital stock.

Activity with Members that Exceed a 10 Percent Ownership in FHLBank Capital Stock: As of June 30, 2011, no members owned more than 10 percent of outstanding FHLBank regulatory capital stock. The following tables present information as of December 31, 2010 on members that owned more than 10 percent of outstanding FHLBank regulatory capital stock (in thousands). None of the officers or directors of this member currently serve on the FHLBank's board of directors.

12/31/2010
Member Name	State	Total Class A Stock Par Value	Percent of Total Class A	Total Class B Stock Par Value	Percent of Total Class B	Total Capital Stock Par Value	Percent of Total Capital Stock
MidFirst Bank	OK	$1,000	0.2%	$156,427	18.1%	$157,427	10.7%

Advance and deposit balances with members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of December 31, 2010 are summarized in the following table (in thousands).

Member Name	12/31/2010		12/31/2010
	Outstanding Advances	Percent Of Total	Outstanding Deposits1	Percent of Total
MidFirst Bank	$3,088,000	16.3%	$1,366	0.1%

¹ Excludes cash pledged as collateral by derivative counterparties, netted against derivative liabilities, and Member Pass-through Deposit Reserves, classified as non-interest-bearing deposits.

MidFirst Bank did not originate any mortgage loans for or sell mortgage loans into the MPF Program during the three- or six-months ended June 30, 2010.

Transactions with FHLBank Directors' Financial Institutions: The following tables present information as of June 30, 2011 and December 31, 2010 for members that had an officer or director serving on the FHLBank's board of directors (in thousands). Information is only listed for the year in which the officer or director served on the FHLBank's board of directors. Capital stock listed is regulatory capital stock, which includes mandatorily redeemable capital stock.

	06/30/2011		12/31/2010
	Outstanding Amount	Percent of Total	Outstanding Amount	Percent of Total
Advances	$126,086	0.7%	$66,798	0.3%
Deposits	$5,610	0.3%	$9,011	0.8%
Class A Common Stock	$31,090	5.2%	$6,610	1.1%
Class B Common Stock	8,892	1.1	3,736	0.4
Total Capital Stock	$39,982	2.9%	$10,346	0.7%

The following table presents mortgage loans funded or acquired during the three- and six-month periods ended June 30, 2011 and 2010 for members that had an officer or director serving on the FHLBank's board of directors as of June 30, 2011 or 2010 (in thousands). Information is only listed for the three- or six-month period in which the officer or director served on the FHLBank's board of directors.

Three-month Period Ended				Six-month Period Ended
06/30/2011		06/30/2010		06/30/2011		06/30/2010
Mortgage Loans Acquired	Percent of Total	Mortgage Loans Acquired	Percent of Total	Mortgage Loans Acquired	Percent of Total	Mortgage Loans Acquired	Percent of Total
$24,072	7.4%	$9,414	2.9%	$47,155	6.5%	$13,457	2.8%