Capital and Mandatorily Redeemable Capital Stock (Tables)

6 Months Ended

Jun. 30, 2019

Capital [Abstract]

Schedule of Compliance With Regulatory Capital Requirements

Capital. The following table presents the Bank’s compliance with the Federal Housing Finance Agency’s (Finance Agency) regulatory capital rules and requirements.

	As of June 30, 2019						As of December 31, 2018
	Required			Actual			Required			Actual
Risk-based capital	$	1,509		$	7,335		$	1,654		$	7,597
Total regulatory capital ratio	4.00		%	4.90		%	4.00		%	4.92		%
Total regulatory capital (1)	$	5,988		$	7,335		$	6,179		$	7,597
Leverage capital ratio	5.00		%	7.35		%	5.00		%	7.38		%
Leverage capital	$	7,485		$	11,002		$	7,724		$	11,396

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⁽¹⁾ Total regulatory capital does not include accumulated other comprehensive income, but does include mandatorily redeemable capital stock.

Schedule of declared quarterly cash dividends [Table Text Block]

The Bank declares and pays any dividends only after net income is calculated for the preceding quarter. The following table presents the Bank’s declared and paid quarterly cash dividends in 2019 and 2018.

	2019			2018
	Amount		Annualized Rate (%)	Amount		Annualized Rate (%)
First quarter	$	85	6.47	$	65	5.16
Second quarter	81		6.54	80		5.78
Total	$	166	6.50	$	145	5.35

Schedule of Mandatorily Redeemable Capital Stock [Table Text Block]

Mandatorily Redeemable Capital Stock. The following table presents the activity in mandatorily redeemable capital stock.

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2019		2018			2019		2018
Balance, beginning of period	$	1	$	3		$	1	$	1
Net reclassification from capital during the period	—		1			—		33
Repurchase/redemption of mandatorily redeemable capital stock	—		(2		)	—		(32		)
Balance, end of period	$	1	$	2		$	1	$	2

Amount of Mandatorily Redeemable Capital Stock by Year of Redemption

The following table presents the amount of mandatorily redeemable capital stock by year of redemption. The year of redemption in the table is the end of the five-year redemption period, or with respect to activity-based stock, the later of the expiration of the five-year redemption period or the activity’s maturity date.

 

	As of June 30, 2019		As of December 31, 2018
Due after three years through four years	$	1	$	—
Due after four years through five years	—		1
Total	$	1	$	1