Statements of Income (USD $) In Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
INTEREST INCOME:
Advances	$ 57,899	$ 72,036	$ 118,564	$ 143,098
Prepayment fees on Advances, net	729	1,094	1,230	3,213
Interest-bearing deposits	98	230	257	389
Securities purchased under agreements to resell	385	752	1,564	1,102
Federal funds sold	1,060	3,617	3,003	6,055
Trading securities	10,798	31	19,181	940
Available-for-sale securities	2,248	2,791	5,629	5,356
Held-to-maturity securities	104,442	137,542	214,107	271,600
Mortgage loans held for portfolio	85,300	103,899	176,475	215,940
Loans to other FHLBanks	2	2	3	3
Total interest income	262,961	321,994	540,013	647,696
INTEREST EXPENSE:
Consolidated Obligations - Discount Notes	6,437	10,003	18,102	16,455
Consolidated Obligations - Bonds	186,159	243,092	376,703	488,272
Deposits	133	389	409	678
Loans from other FHLBanks	0	0	0	1
Mandatorily redeemable capital stock	3,690	4,615	7,904	10,134
Total interest expense	196,419	258,099	403,118	515,540
NET INTEREST INCOME	66,542	63,895	136,895	132,156
Provision for credit losses	1,119	0	3,678	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	65,423	63,895	133,217	132,156
OTHER (LOSS) INCOME:
Service fees	396	433	802	855
Net (losses) gains on trading securities	(7,278)	8	(10,594)	(217)
Net realized losses from sale of available-for-sale securities	0	(90)	0	(90)
Net realized gains from sale of held-to-maturity securities	6,019	6,450	6,019	6,450
Net losses on Consolidated Obligation Bonds held under fair value option	(427)	0	(538)	0
Net gains (losses) on derivatives and hedging activities	98	(3,074)	5,164	(1,118)
Other, net	1,038	1,015	2,848	2,450
Total other (loss) income	(154)	4,742	3,701	8,330
OTHER EXPENSE:
Compensation and benefits	7,508	6,972	15,561	14,535
Other operating	3,502	3,466	7,299	6,900
Finance Agency	1,336	897	2,234	1,902
Office of Finance	768	659	1,769	1,481
Other	420	289	802	534
Total other expense	13,534	12,283	27,665	25,352
INCOME BEFORE ASSESSMENTS	51,735	56,354	109,253	115,134
Affordable Housing Program	4,626	5,072	9,751	10,433
REFCORP	9,165	10,256	19,644	20,940
Total assessments	13,791	15,328	29,395	31,373
NET INCOME	$ 37,944	$ 41,026	$ 79,858	$ 83,761