Capital (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity Note [Abstract]

Compliance with Regulatory Capital Requirements [Table Text Block]

Table 16.1 - Regulatory Capital Requirements (dollars in thousands)

Risk-Based Capital Requirements	December 31, 2019		December 31, 2018

Permanent capital
Class B capital stock	$	1,869,130	$	2,528,854
Mandatorily redeemable capital stock	5,806		31,868
Retained earnings	1,463,154		1,395,012
Total permanent capital	$	3,338,090	$	3,955,734
Risk-based capital requirement
Credit-risk capital	$	235,213	$	289,080
Market-risk capital	207,426		187,183
Operations-risk capital	132,792		142,879
Total risk-based capital requirement	$	575,431	$	619,142
Permanent capital in excess of risk-based capital requirement	$	2,762,659	$	3,336,592



	December 31, 2019						December 31, 2018
	Required			Actual			Required			Actual
Capital Ratio
Risk-based capital	$	575,431		$	3,338,090		$	619,142		$	3,955,734
Total regulatory capital	$	2,226,512		$	3,338,090		$	2,543,733		$	3,955,734
Total capital-to-asset ratio	4.0		%	6.0		%	4.0		%	6.2		%

Leverage Ratio
Leverage capital	$	2,783,141		$	5,007,135		$	3,179,666		$	5,933,601
Leverage capital-to-assets ratio	5.0		%	9.0		%	5.0		%	9.3		%

Mandatorily redeemable capital stock [Table Text Block]

Table 16.3 - Mandatorily Redeemable Capital Stock by Expiry of Redemption Notice Period (dollars in thousands)

	December 31, 2019		December 31, 2018
Past redemption date ⁽¹⁾	$	5,663	$	4,076
Due in one year or less	—		27,379
Due after one year through two years	—		—
Due after two years through three years	93		—
Due after three years through four years	40		363
Due after four years through five years	—		40
Thereafter ⁽²⁾	10		10
Total	$	5,806	$	31,868

_______________________


(1)	Amount represents mandatorily redeemable capital stock that has reached the end of the five-year redemption-notice period but the member-related activity (for example, advances) remains outstanding. Accordingly, these shares of stock will not be redeemed until the activity is no longer outstanding.

(2)

Amount represents reclassifications to mandatorily redeemable capital stock resulting from an FHFA rule effective February 19, 2016, that makes captive insurance companies ineligible for membership. Captive insurance company members that were admitted as members prior to September 12, 2014, will have their memberships terminated no later than February 19, 2021.

Table 16.2 - Mandatorily Redeemable Capital Stock (dollars in thousands)

	2019			2018			2017
Balance at beginning of year	$	31,868		$	35,923		$	32,687
Capital stock subject to mandatory redemption reclassified from capital	—			309			8,670
Redemption/repurchase of mandatorily redeemable capital stock	(26,062		)	(4,364		)	(5,434		)
Balance at end of year	$	5,806		$	31,868		$	35,923