Statements of Operations (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
INTEREST INCOME
Advances	$ 515,265	$ 528,497
Prepayment fees on advances, net	199	49
Interest-bearing deposits	27,084	36,326
Securities purchased under agreements to resell	23,679	14,311
Federal funds sold	60,518	49,218
Investment securities:
Trading securities	19	18
Available-for-sale securities	193,732	233,171
Held-to-maturity securities	843	1,126
Total investment securities	194,594	234,315
Mortgage loans held for portfolio	39,452	28,587
Total interest income	860,791	891,303
Consolidated obligations:
Bonds	574,214	507,136
Discount notes	187,162	264,603
Total consolidated obligations	761,376	771,739
Deposits	6,497	9,577
Mandatorily redeemable capital stock	86	127
Other borrowings	43	18
Total interest expense	768,002	781,461
NET INTEREST INCOME	92,789	109,842
Provision for credit losses	0	600
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	92,789	109,242
OTHER INCOME (LOSS)
Service fees	3,104	2,993
Other, net	798	(385)
Total other income	3,902	2,608
OTHER EXPENSE
Compensation and benefits	13,308	12,588
Other operating expenses	7,170	7,092
AHP voluntary contribution	4,434	0
Discretionary housing and community investment programs	4,817	2,304
Federal Housing Finance Agency (the FHFA)	1,556	1,189
Office of Finance	1,233	1,074
Other	840	1,093
Total other expense	33,358	25,340
INCOME BEFORE ASSESSMENTS	63,333	86,510
AHP assessments	6,342	8,664
NET INCOME	$ 56,991	$ 77,846