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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES      
Net Income $ 190,739,000 $ 216,769,000 $ 190,203,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (19,937,000) (1,192,000) (12,892,000)
Provision for (reduction of ) credit losses 85,000 (34,000) (96,000)
Change in net fair-value adjustments on derivatives and hedging activities (284,002,000) 36,176,000 8,554,000
Net other-than-temporary impairment losses on investment securities, credit portion 1,212,000 532,000 1,454,000
Loss on early extinguishment of debt 15,238,000 0 0
Other adjustments 9,182,000 6,335,000 4,637,000
Realized net gain from sale of held-to-maturity securities [1] (12,031,000) 0 0
Net change in:      
Market value of trading securities (1,287,000) 4,515,000 6,078,000
Accrued interest receivable 588,000 (18,651,000) (9,452,000)
Other assets (7,510,000) (2,627,000) (3,147,000)
Accrued interest payable (7,566,000) 21,417,000 9,804,000
Other liabilities 6,927,000 7,170,000 5,883,000
Total adjustments (299,101,000) 53,641,000 10,823,000
Net cash (used in) provided by operating activities (108,362,000) 270,410,000 201,026,000
INVESTING ACTIVITIES      
Interest-bearing deposits (776,421,000) (629,887,000) 52,274,000
Securities purchased under agreements to resell 2,999,000,000 (1,150,000,000) 650,000,000
Federal funds sold 640,000,000 1,950,000,000 (750,000,000)
Loans to other FHLBanks 0 400,000,000 (400,000,000)
Trading securities:      
Proceeds 177,340,000 779,652,000 1,032,652,000
Purchases (2,263,279,000) (749,072,000) (618,051,000)
Available-for-sale securities:      
Proceeds 1,714,800,000 1,409,776,000 1,462,091,000
Purchases (3,206,255,000) (12,800,000) (2,222,738,000)
Held-to-maturity securities:      
Proceeds 510,590,000 385,610,000 568,279,000
Advances to members:      
Repaid 474,957,725,000 652,931,105,000 487,707,464,000
Originated (466,272,505,000) (658,551,866,000) (486,239,305,000)
Mortgage loans held for portfolio:      
Proceeds 590,161,000 414,690,000 472,636,000
Purchases (803,765,000) (719,845,000) (794,914,000)
Other investing activities, net (430,000) 1,454,000 748,000
Net Cash provided by (used in) investing activities 8,266,961,000 (3,541,183,000) 921,136,000
FINANCING ACTIVITIES      
Net change in deposits 199,521,000 (2,071,000) (5,594,000)
Net payments on derivatives with a financing element (48,642,000) 0 (4,101,000)
Net proceeds from issuance of consolidated obligations:      
Discount notes 144,030,097,000 198,660,164,000 170,645,541,000
Bonds 10,851,335,000 10,188,427,000 10,655,859,000
Payments for maturing and retiring consolidated obligations:      
Discount notes (149,400,564,000) (193,351,448,000) (172,999,084,000)
Bonds (12,909,970,000) (12,586,510,000) (9,449,955,000)
Bonds transferred to other FHLBanks (12,697,000) 0 0
Repayment of financing lease (136,000) 0 0
Proceeds from issuance of capital stock 1,854,487,000 1,800,880,000 1,067,674,000
Payments for repurchase of capital stock (2,514,211,000) (1,555,438,000) (1,186,589,000)
Payments for redemption of mandatorily redeemable capital stock (26,062,000) (4,364,000) (5,434,000)
Cash dividends paid (122,772,000) (130,109,000) (98,837,000)
Net cash (used in) provided by financing activities (8,099,614,000) 3,019,531,000 (1,380,520,000)
Net increase (decrease) in cash and due from banks 58,985,000 (251,242,000) (258,358,000)
Cash and due from banks at beginning of the year 10,431,000 261,673,000 520,031,000
Cash and due from banks at end of the year 69,416,000 10,431,000 261,673,000
Supplemental disclosures:      
Interest paid 1,224,032,000 1,084,131,000 667,629,000
AHP payments 15,723,000 17,729,000 18,628,000
Noncash receipt of trading securities 0 6,624,000 0
Noncash transfers of mortgage loans held for portfolio to other assets 2,020,000 1,438,000 2,618,000
Lease liabilities arising from obtaining right-of-use assets $ 12,572,000 $ 0 $ 0
[1]
The securities sold had less than 15 percent of the acquired principal outstanding at the time of the sale. Such sales are treated as maturities for the purposes of security classification. The sale does not impact our ability and intent to hold the remaining investments classified as held-to-maturity through their stated maturity dates.