Segment Information

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Information [Text Block]

Segment Information

The FHLBank has identified two primary operating segments based on its method of internal reporting: Traditional Member Finance and the MPP. These segments reflect the FHLBank's two primary Mission Asset Activities and the manner in which they are managed from the perspective of development, resource allocation, product delivery, pricing, credit risk and operational administration. The segments identify the principal ways the FHLBank provides services to member stockholders.

Table 17.1 - Financial Performance by Operating Segment (in thousands)

	Three Months Ended March 31,
	Traditional Member Finance		MPP			Total
2013
Net interest income	$	48,605	$	26,952		$	75,557
Reversal for credit losses	—		(2,500		)	(2,500		)
Net interest income after reversal for credit losses	48,605		29,452			78,057
Other income (loss)	10,925		(3,220		)	7,705
Other expenses	12,911		2,104			15,015
Income before assessments	46,619		24,128			70,747
Affordable Housing Program assessments	4,824		2,413			7,237
Net income	$	41,795	$	21,715		$	63,510
Average assets	$	77,016,706	$	7,403,669		$	84,420,375
Total assets	$	79,489,178	$	7,239,857		$	86,729,035
2012
Net interest income	$	51,683	$	29,444		$	81,127
Provision for credit losses	—		1,410			1,410
Net interest income after provision for credit losses	51,683		28,034			79,717
Other income (loss)	2,394		(3,061		)	(667		)
Other expenses	12,548		2,013			14,561
Income before assessments	41,529		22,960			64,489
Affordable Housing Program assessments	4,500		2,296			6,796
Net income	$	37,029	$	20,664		$	57,693
Average assets	$	54,847,679	$	7,998,737		$	62,846,416
Total assets	$	53,728,382	$	8,247,833		$	61,976,215