Statements of Condition - USD ($) $ in Thousands		Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks		$ 19,590	$ 20,824
Interest-bearing deposits		1,725,190	1,875,037
Securities purchased under agreements to resell		1,762,400	5,242,480
Federal funds sold		6,255,000	6,774,000
Investment securities:
Trading securities		2,481,103	1,745,742
Available-for-sale securities (amortized cost of $9,131,043 and $10,247,585 and includes $806,963 and $819,794 pledged as collateral that may be repledged)		9,109,494	10,171,588
Held-to-maturity securities (fair value of $16,244,785 and $16,576,613)	[1]	16,538,542	16,832,133
Total investment securities		28,129,139	28,749,463
Advances (includes $239,652 and $214,035 at fair value under fair value option)	[2]	72,920,800	73,553,162
Mortgage loans held for portfolio, net of allowance for credit losses of $331 and $316		7,171,442	7,108,334
Accrued interest receivable		536,496	535,564
Derivative assets		41,103	101,991
Other assets, net		33,330	34,883
TOTAL ASSETS		118,594,490	123,995,738
LIABILITIES
Deposits		1,098,432	1,113,704
Consolidated Obligations:
Discount Notes (includes $8,330,273 and $14,085,003 at fair value under fair value option)		18,237,647	23,690,526
Bonds (includes $12,315,622 and $20,657,254 at fair value under fair value option)		91,868,171	91,756,430
Total Consolidated Obligations		110,105,818	115,446,956
Mandatorily redeemable capital stock		17,046	17,314
Accrued interest payable		500,461	422,886
Affordable Housing Program payable		159,280	139,807
Derivative liabilities		410	9,831
Other liabilities		363,335	418,557
Total liabilities		112,244,782	117,569,055
Commitments and contingencies
CAPITAL
Capital stock Class B putable ($100 par value); issued and outstanding shares: 46,790 and 48,459		4,678,997	4,845,902
Retained earnings:
Unrestricted		970,615	964,436
Restricted		722,977	693,682
Total retained earnings		1,693,592	1,658,118
Accumulated other comprehensive income (loss)		(22,881)	(77,337)
Total capital		6,349,708	6,426,683
TOTAL LIABILITIES AND CAPITAL		$ 118,594,490	$ 123,995,738

[1] Carrying value equals amortized cost.

[2] Carrying values exclude accrued interest receivable of (in thousands) $357,362 and $366,930 at March 31, 2024 and December 31, 2023, respectively.