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Carrying Value and Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks $ 806,985 $ 69,416
Trading securities 3,563,368 2,250,264
Available-for-sale securities Fair Value 7,246,334 7,409,000
Held-to-maturity securities [1],[2] 676,888 871,107
Fair value of held-to-maturity securities 733,970 1,035,410
Accrued interest receivable 109,878 112,163
Derivative assets 227,720 159,731
Derivative Assets, Netting Adjustments and Cash Collateral [3],[4] 196,861 144,402
Mandatorily redeemable capital stock (6,112) (5,806)
Accrued interest payable (108,010) (104,477)
Derivative liabilities (24,404) (10,271)
Derivative liability, Netting Adjustments and Cash Collateral [3],[4] 80,245 33,534
Level 1 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks 806,985 69,416
Interest-bearing deposits 1,130,563 1,253,873
Securities purchased under agreements to resell 0 0
Federal funds sold 0 0
Trading securities [5] 0 0
Available-for-sale securities Fair Value [5] 0 0
Fair value of held-to-maturity securities 0 0
Advances 0 0
Mortgage loans, net 0 0
Accrued interest receivable 0 0
Derivative assets [5] 0 0
Other assets [5] 16,238 13,894
Deposits 0 0
Mandatorily redeemable capital stock (6,112) (5,806)
Accrued interest payable 0 0
Derivative liabilities [5] 0 0
Level 1 [Member] | Commitments to make additional advances [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other 0 0
Level 1 [Member] | Standby Letters of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other 0 0
Level 1 [Member] | COs - Discount notes [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Discount notes 0 0
Level 2 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks 0 0
Interest-bearing deposits 0 0
Securities purchased under agreements to resell 1,999,954 3,500,003
Federal funds sold 3,454,927 859,999
Trading securities [5] 3,563,368 2,250,264
Available-for-sale securities Fair Value [5] 7,180,939 7,344,348
Fair value of held-to-maturity securities 384,446 456,942
Advances 45,434,302 34,735,775
Mortgage loans, net 4,747,540 4,615,737
Accrued interest receivable 109,878 112,163
Derivative assets [5] 30,859 15,329
Other assets [5] 14,688 18,045
Deposits (859,815) (674,269)
Mandatorily redeemable capital stock 0 0
Accrued interest payable (108,010) (104,477)
Derivative liabilities [5] (104,649) (43,805)
Level 2 [Member] | Commitments to make additional advances [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other (2,623) (3,884)
Level 2 [Member] | Standby Letters of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other (1,540) (1,723)
Level 2 [Member] | COs - Discount notes [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Discount notes (39,735,774) (27,681,470)
Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks 0 0
Interest-bearing deposits 0 0
Securities purchased under agreements to resell 0 0
Federal funds sold 0 0
Trading securities [5] 0 0
Available-for-sale securities Fair Value [5] 65,395 64,652
Fair value of held-to-maturity securities 349,524 578,468
Advances 0 0
Mortgage loans, net 19,195 18,404
Accrued interest receivable 0 0
Derivative assets [5] 0 0
Other assets [5] 0 0
Deposits 0 0
Mandatorily redeemable capital stock 0 0
Accrued interest payable 0 0
Derivative liabilities [5] 0 0
Level 3 [Member] | Commitments to make additional advances [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other 0 0
Level 3 [Member] | Standby Letters of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other 0 0
Level 3 [Member] | COs - Discount notes [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Discount notes 0 0
Carrying Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks 806,985 69,416
Interest-bearing deposits 1,130,563 1,253,873
Securities purchased under agreements to resell 2,000,000 3,500,000
Federal funds sold 3,455,000 860,000
Trading securities [5] 3,563,368 2,250,264
Available-for-sale securities Fair Value [5] 7,246,334 7,409,000
Held-to-maturity securities 676,888 871,107
Advances 45,076,223 34,595,363
Mortgage loans, net 4,528,474 4,501,251
Accrued interest receivable 109,878 112,163
Derivative assets [5] 227,720 159,731
Other assets [5] 30,926 31,939
Deposits (859,816) (674,309)
Mandatorily redeemable capital stock (6,112) (5,806)
Accrued interest payable (108,010) (104,477)
Derivative liabilities [5] (24,404) (10,271)
Carrying Value [Member] | Commitments to make additional advances [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other 0 0
Carrying Value [Member] | Standby Letters of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other (1,540) (1,723)
Carrying Value [Member] | COs - Discount notes [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Discount notes (39,692,253) (27,681,169)
Total Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and due from banks 806,985 69,416
Interest-bearing deposits 1,130,563 1,253,873
Securities purchased under agreements to resell 1,999,954 3,500,003
Federal funds sold 3,454,927 859,999
Trading securities [5] 3,563,368 2,250,264
Available-for-sale securities Fair Value [5] 7,246,334 7,409,000
Fair value of held-to-maturity securities 733,970 1,035,410
Advances 45,434,302 34,735,775
Mortgage loans, net 4,766,735 4,634,141
Accrued interest receivable 109,878 112,163
Derivative assets [5] 227,720 159,731
Other assets [5] 30,926 31,939
Deposits (859,815) (674,269)
Mandatorily redeemable capital stock (6,112) (5,806)
Accrued interest payable (108,010) (104,477)
Derivative liabilities [5] (24,404) (10,271)
Total Fair Value [Member] | Commitments to make additional advances [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other (2,623) (3,884)
Total Fair Value [Member] | Standby Letters of Credit [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Other (1,540) (1,723)
Total Fair Value [Member] | COs - Discount notes [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Discount notes (39,735,774) (27,681,470)
COs - bonds [Member] | Level 1 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Bonds 0 0
COs - bonds [Member] | Level 2 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Bonds (25,122,573) (24,226,123)
COs - bonds [Member] | Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Bonds 0 0
COs - bonds [Member] | Carrying Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Bonds (24,576,586) (23,888,493)
COs - bonds [Member] | Total Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
CO Bonds $ (25,122,573) $ (24,226,123)
[1]
Carrying value of held-to-maturity securities represents the sum of amortized cost and the amount of noncredit-related other-than-temporary impairment recognized in accumulated other comprehensive loss and the allowance for credit losses.
[2] Fair values of held-to-maturity securities were $733,970 and $1,035,410 at March 31, 2020, and December 31, 2019, respectively.
[3]
Amounts represent the effect of master-netting agreements intended to allow us to settle positive and negative positions with the same counterparty. Cash collateral and related accrued interest posted was $278.3 million and $178.5 million at March 31, 2020, and December 31, 2019, respectively. The change in cash collateral posted is included in the net change in interest-bearing deposits in the statement of cash flows. Cash collateral and related accrued interest received was $1.2 million and $561 thousand at March 31, 2020, and December 31, 2019.

[4]
These amounts represent the effect of master-netting agreements intended to allow us to settle positive and negative positions and also cash collateral and related accrued interest held or placed with the same clearing member and/or counterparty.
[5]
Carried at fair value and measured on a recurring basis.