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Statements of Condition (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks (Note 3) $ 5,545,092 $ 660,873
Federal funds sold 4,475,000 4,988,000
Available-for-sale securities, net of unrealized gains (losses) of $18,613 at June 30, 2011 and $22,965 at December 31, 2010 (Note 5) 3,537,983 3,990,082
Held-to-maturity securities (Note 4)    
Long-term securities 8,399,659 7,761,192
Advances (Note 6) 74,791,153 81,200,336
Mortgage loans held-for-portfolio, net of allowance for credit losses of $6,349 at June 30, 2011 and $5,760 at December 31, 2010 (Note 7) 1,296,251 1,265,804
Accrued interest receivable 236,005 287,335
Premises, software, and equipment 14,279 14,932
Derivative assets (Note 15) 33,006 22,010
Other assets 13,829 21,506
Total assets 98,342,257 100,212,070
Deposits (Note 8)    
Interest-bearing demand 1,860,533 2,401,882
Non-interest bearing demand 2,618 9,898
Term 39,000 42,700
Total deposits 1,902,151 2,454,480
Consolidated obligations, net (Note 10)    
Bonds (Includes $9,452,247 at June 30, 2011 and $14,281,463 at December 31, 2010 at fair value under the fair value option) 62,815,651 71,742,627
Discount notes (Includes $736,746 at June 30, 2011 and $956,338 December 31, 2010 at fair value under the fair value option) 27,013,011 19,391,452
Total consolidated obligations 89,828,662 91,134,079
Mandatorily redeemable capital stock (Note 11) 58,221 63,219
Accrued interest payable 181,241 197,266
Affordable Housing Program 133,831 138,365
Payable to REFCORP 14,732 21,617
Derivative liabilities (Note 15) 694,369 954,898
Other liabilities 250,161 103,777
Total liabilities 93,063,368 95,067,701
Commitments and Contingencies (Notes 11, 15 and 17)    
Capital (Note 11)    
Capital stock ($100 par value), putable, issued and outstanding shares: 46,578 at June 30, 2011 and 45,290 at December 31, 2010 4,657,844 4,528,962
Retained earnings 720,982 712,091
Accumulated other comprehensive income (loss) (Note 12)    
Net unrealized gain on available-for-sale securities 18,613 22,965
Non-credit portion of OTTI on held-to-maturity securities, net of accretion (86,200) (92,926)
Net unrealized losses on hedging activities (20,823) (15,196)
Employee supplemental retirement plans (Note 14) (11,527) (11,527)
Total capital 5,278,889 5,144,369
Total liabilities and capital $ 98,342,257 $ 100,212,070