XML 84 R71.htm IDEA: XBRL DOCUMENT v3.20.2
Estimated Fair Values (Carrying Value and Fair Value of Financial Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks $ 1,386,471 $ 21,490    
Trading securities 1,287,548 3,631,650    
AFS Securities 10,153,022 11,097,769    
Debt Securities, Held-to-maturity 1,967,036 2,395,691    
HTM securities 2,047,354 2,440,288    
Accrued interest receivable 104,597 193,352    
Derivative assets 160,986 140,251    
Deposits, Domestic 990,571 573,382    
Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset [1],[2] 153,534 124,050    
Mandatorily redeemable capital stock (Note 7) 223,052 343,575 $ 343,711 $ 24,099
Accrued interest payable 93,364 205,118    
Derivative liabilities 1,751 3,024    
Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset [1],[2] (3,578) (5,845)    
Fair Value, Inputs, Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks 1,386,471 21,490    
Interest-bearing deposits 1,077,235 1,471,717    
Federal funds sold 0 0    
Securities purchased under agreement to resell (2) 0 [3] 0    
Trading securities 0 0    
AFS Securities 0 0    
HTM securities 0 0    
Advances 0 0    
Accrued interest receivable 0 0    
Derivative assets 0 0    
Deposits 0 0    
Mandatorily redeemable capital stock (Note 7) 227,124 350,287    
Accrued interest payable 0 0    
Derivative liabilities 0 0    
Fair Value, Inputs, Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks 0 0    
Interest-bearing deposits 7,291 5,173    
Federal funds sold 1,949,997 3,769,965    
Securities purchased under agreement to resell (2) [3] 1,349,998 2,199,973    
Trading securities 1,287,548 3,631,650    
AFS Securities 9,885,398 10,771,623    
HTM securities 1,947,582 2,316,109    
Advances 35,981,783 65,662,578    
Accrued interest receivable 104,597 193,352    
Derivative assets 7,452 16,201    
Deposits 990,571 573,382    
Mandatorily redeemable capital stock (Note 7) 0 0    
Accrued interest payable 89,292 198,406    
Derivative liabilities 5,329 8,869    
Fair Value, Inputs, Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks 0 0    
Interest-bearing deposits 0 0    
Federal funds sold 0 0    
Securities purchased under agreement to resell (2) [3] 0 0    
Trading securities 0 0    
AFS Securities 267,624 326,146    
HTM securities 99,772 124,179    
Advances 0 0    
Accrued interest receivable 0 0    
Derivative assets 0 0    
Deposits 0 0    
Mandatorily redeemable capital stock (Note 7) 0 0    
Accrued interest payable 0 0    
Derivative liabilities 0 0    
Estimate of Fair Value, Fair Value Disclosure        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks 1,386,471 21,490    
Interest-bearing deposits 1,084,526 1,476,890    
Federal funds sold 1,949,997 3,769,965    
Securities purchased under agreement to resell (2) [3] 1,349,998 2,199,973    
Trading securities 1,287,548 3,631,650    
AFS Securities 10,153,022 11,097,769    
HTM securities 2,047,354 2,440,288    
Advances 35,981,783 65,662,578    
Accrued interest receivable 104,597 193,352    
Derivative assets 160,986 140,251    
Deposits 990,571 573,382    
Mandatorily redeemable capital stock (Note 7) [4] 227,124 350,287    
Accrued interest payable [4] 89,292 198,406    
Derivative liabilities 1,751 3,024    
Reported Value Measurement [Member]        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Cash and due from banks 1,386,471 21,490    
Interest-bearing deposits 1,084,526 1,476,890    
Federal funds sold 1,950,000 3,770,000    
Securities purchased under agreement to resell (2) 1,350,000 2,200,000    
Trading securities 1,287,548 3,631,650    
AFS Securities 10,153,022 11,097,769    
Debt Securities, Held-to-maturity 1,967,036 2,395,691    
Advances 35,841,036 65,610,075    
Accrued interest receivable 104,597 193,352    
Derivative assets 160,986 140,251    
Deposits 990,571 573,382    
Mandatorily redeemable capital stock (Note 7) 223,052 343,575    
Accrued interest payable 93,364 205,118    
Derivative liabilities 1,751 3,024    
Consolidated Obligations, Discount Notes | Fair Value, Inputs, Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Discount notes 0 0    
Consolidated Obligations, Discount Notes | Fair Value, Inputs, Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Discount notes 13,997,567 23,142,588    
Consolidated Obligations, Discount Notes | Fair Value, Inputs, Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Discount notes 0 0    
Consolidated Obligations, Discount Notes | Estimate of Fair Value, Fair Value Disclosure        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Discount notes 13,997,567 23,142,588    
Consolidated Obligations, Discount Notes | Reported Value Measurement [Member]        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Discount notes 13,995,722 23,141,362    
Consolidated Obligation Bonds | Fair Value, Inputs, Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Bonds 0 0    
Consolidated Obligation Bonds | Fair Value, Inputs, Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Bonds 42,067,719 66,981,400    
Consolidated Obligation Bonds | Fair Value, Inputs, Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Bonds 0 0    
Consolidated Obligation Bonds | Estimate of Fair Value, Fair Value Disclosure        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Bonds 42,067,719 66,981,400    
Consolidated Obligation Bonds | Reported Value Measurement [Member]        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
Bonds 41,583,307 66,807,807    
Mortgage loans held for portfolio, net | Fair Value, Inputs, Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 0 0    
Mortgage loans held for portfolio, net | Fair Value, Inputs, Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 5,398,229 5,313,973    
Mortgage loans held for portfolio, net | Fair Value, Inputs, Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 0 0    
Mortgage loans held for portfolio, net | Estimate of Fair Value, Fair Value Disclosure        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 5,398,229 5,313,973    
Mortgage loans held for portfolio, net | Reported Value Measurement [Member]        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 5,089,745 5,114,625    
Banking on Business Loans | Fair Value, Inputs, Level 1        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 0 0    
Banking on Business Loans | Fair Value, Inputs, Level 2        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 0 0    
Banking on Business Loans | Fair Value, Inputs, Level 3        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 21,213 19,706    
Banking on Business Loans | Estimate of Fair Value, Fair Value Disclosure        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance 21,213 19,706    
Banking on Business Loans | Reported Value Measurement [Member]        
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]        
MPF & BOB Loans , Net of Allowance $ 21,213 $ 19,706    
[1] Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions, cash collateral and related accrued interest held or placed with the same clearing agent and/or counterparties. Cash collateral posted and related accrued interest was $160.0 million and $138.1 million at September 30, 2020 and December 31, 2019, respectively. Cash collateral received was $2.9 million for September 30, 2020 and $8.2 million for December 31, 2019.
[2] Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions and also cash collateral held and related interest accrued or placed by the Bank with the same clearing agent and/or counterparties.
[3] Based on the fair value of the related collateral held, the securities purchased under agreements to resell were fully collateralized for the periods presented. There were no offsetting liabilities related to these securities at September 30, 2020 and December 31, 2019. These instruments’ maturity term is overnight.
[4] The estimated fair value amount for the mandatorily redeemable capital stock line item includes accrued dividend interest; this amount is excluded from the estimated fair value for the accrued interest payable line item.