XML 92 R62.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Reporting (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
segment
Sep. 30, 2022
USD ($)
Segment Reporting Information [Line Items]        
Number of reportable business segments | segment     2  
Net interest income $ 7,220 $ 7,124 $ 21,041 $ 22,331
Fee and other income 76 105 209 269
Net revenues 7,296 7,229 21,250 22,600
Investment gains (losses), net 8 (172) (34) (323)
Fair value gains, net 795 292 1,403 1,301
Administrative expenses (897) (870) (2,629) (2,473)
Benefit (provision) for credit losses 652 (2,536) 1,786 (2,994)
TCCA fees (860) (850) (2,571) (2,515)
Credit enhancement expense (390) (364) (1,115) (974)
Change in expected credit enhancement recoveries (128) 290 (168) 303
Other expenses, net (535) (154) (922) (612)
Income before federal income taxes 5,941 2,865 17,000 14,313
Provision for federal income taxes (1,242) (429) (3,535) (2,816)
Net income 4,699 2,436 13,465 11,497
US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (860) (850) (2,571) (2,515)
Business segments | Single-Family        
Segment Reporting Information [Line Items]        
Net interest income 6,074 5,918 17,663 18,746
Fee and other income 56 83 156 204
Net revenues 6,130 6,001 17,819 18,950
Investment gains (losses), net 9 (178) (35) (271)
Fair value gains, net 742 309 1,368 1,379
Administrative expenses (745) (730) (2,183) (2,084)
Benefit (provision) for credit losses 736 (2,361) 2,201 (2,837)
Credit enhancement expense (335) (298) (949) (778)
Change in expected credit enhancement recoveries (170) 245 (298) 271
Other expenses, net (411) (165) (730) (553)
Income before federal income taxes 5,096 1,973 14,622 11,562
Provision for federal income taxes (1,071) (276) (3,071) (2,270)
Net income 4,025 1,697 11,551 9,292
Business segments | Single-Family | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees (860) (850) (2,571) (2,515)
Business segments | Multifamily        
Segment Reporting Information [Line Items]        
Net interest income 1,146 1,206 3,378 3,585
Fee and other income 20 22 53 65
Net revenues 1,166 1,228 3,431 3,650
Investment gains (losses), net (1) 6 1 (52)
Fair value gains, net 53 (17) 35 (78)
Administrative expenses (152) (140) (446) (389)
Benefit (provision) for credit losses (84) (175) (415) (157)
Credit enhancement expense (55) (66) (166) (196)
Change in expected credit enhancement recoveries 42 45 130 32
Other expenses, net (124) 11 (192) (59)
Income before federal income taxes 845 892 2,378 2,751
Provision for federal income taxes (171) (153) (464) (546)
Net income 674 739 1,914 2,205
Business segments | Multifamily | US Treasury        
Segment Reporting Information [Line Items]        
TCCA fees $ 0 $ 0 $ 0 $ 0