Federal Home Loan Bank of Topeka 10-Q 10 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	000-52004
Entity Registrant Name	FEDERAL HOME LOAN BANK OF TOPEKA
Entity Incorporation, State or Country Code	X1
Entity Tax Identification Number	48-0561319
Entity Address, Address Line One	500 SW Wanamaker Road
Entity Address, City or Town	Topeka
Entity Address, State or Province	KS
Entity Address, Postal Zip Code	66606
City Area Code	785
Local Phone Number	233.0507
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001325878
Class A [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		3,088,049
Class B [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		15,224,684

Statements Of Condition

Statements Of Condition - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks		$ 29,264	$ 25,841
Interest-bearing deposits		624,145	693,249
Securities purchased under agreements to resell (Note 9)		2,100,000	1,500,000
Federal funds sold		3,100,000	3,360,000
Investment securities:
Trading securities (Note 3)		2,775,818	2,339,955
Available-for-sale securities, amortized cost of $7,812,873 and $7,644,496 (Note 3)		7,846,335	7,719,185
Held-to-maturity securities, fair value of $423,695 and $450,771 (Note 3)		421,583	446,185
Total investment securities		11,043,736	10,505,325
Advances (Note 4)		25,487,576	23,484,288
Mortgage loans held for portfolio, net of allowance for credit losses of $5,038 and $5,317 (Note 5)		8,021,949	8,135,046
Accrued interest receivable		79,890	78,032
Derivative assets, net (Notes 6, 9)		175,645	156,926
Other assets		80,487	82,531
TOTAL ASSETS		50,742,692	48,021,238
LIABILITIES
Deposits (Note 7)		936,691	946,207
Consolidated obligations, net:
Discount notes (Note 8)		7,843,651	6,568,989
Bonds (Note 8)		38,960,721	37,630,609
Total consolidated obligations, net		46,804,372	44,199,598
Mandatorily redeemable capital stock (Note 10)		559	582
Accrued interest payable		48,820	42,753
Affordable Housing Program payable		45,105	42,224
Derivative liabilities, net (Notes 6, 9)		2,494	4,580
Other liabilities		126,771	71,028
TOTAL LIABILITIES		47,964,812	45,306,972
Commitments and contingencies (Note 13)
Capital stock outstanding - putable:
Total capital stock (Note 10)	[1]	1,574,157	1,499,301
Retained earnings:
Unrestricted		872,252	852,408
Restricted		300,321	290,242
Total retained earnings		1,172,573	1,142,650
Accumulated other comprehensive income (loss) (Note 11)		31,150	72,315
TOTAL CAPITAL		2,777,880	2,714,266
TOTAL LIABILITIES AND CAPITAL		50,742,692	48,021,238
Class A [Member]
Capital stock outstanding - putable:
Total capital stock (Note 10)	[1]	220,222	234,190
Class B [Member]
Capital stock outstanding - putable:
Total capital stock (Note 10)	[1]	$ 1,353,935	$ 1,265,111
[1]	Putable

Statements Of Condition (Parent

Statements Of Condition (Parenthetical) - USD ($) shares in Thousands, $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
ASSETS
Allowance for credit losses on mortgage loans		$ 5,038	$ 5,317
Investment securities:
Available-for-sale securities, amortized cost of $7,812,873 and $7,644,496 (Note 3)		7,812,873	7,644,496
Held-to-maturity, Fair Value		$ 423,695	$ 450,771
Capital stock outstanding - putable:
Common Stock, par value per share		$ 100
Class A [Member]
Capital stock outstanding - putable:
Common Stock, par value per share	[1]	$ 100	$ 100
Common Stock, Shares, Issued	[1]	2,202	2,342
Common Stock, Shares Outstanding	[1]	2,202	2,342
Class B [Member]
Capital stock outstanding - putable:
Common Stock, par value per share	[1]	$ 100	$ 100
Common Stock, Shares, Issued	[1]	13,539	12,651
Common Stock, Shares Outstanding	[1]	13,539	12,651
[1]	Putable

Statements Of Income

Statements Of Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
INTEREST INCOME:
Interest-bearing deposits	$ 376	$ 269
Securities purchased under agreements to resell	536	489
Federal funds sold	794	520
Trading securities	13,883	16,385
Available-for-sale securities	14,784	11,477
Held-to-maturity securities	1,053	3,938
Advances	37,881	35,443
Mortgage loans held for portfolio	54,554	53,478
Other	197	257
Total interest income	124,058	122,256
INTEREST EXPENSE:
Deposits	126	108
Consolidated obligations:
Discount notes	2,036	1,998
Bonds	36,556	46,515
Mandatorily redeemable capital stock	1	9
Other	264	257
Total interest expense	38,983	48,887
NET INTEREST INCOME	85,075	73,369
Provision (reversal) for credit losses on mortgage loans	(307)	(14)
NET INTEREST INCOME AFTER LOAN LOSS PROVISION (REVERSAL)	85,382	73,383
OTHER INCOME (LOSS):
Net gains (losses) on trading securities	(59,488)	(26,747)
Net gains (losses) on derivatives	46,563	17,581
Standby bond purchase agreement commitment fees	625	621
Letters of credit fees	1,570	1,683
Other	1,221	970
Total other income (loss)	(9,509)	(5,892)
OTHER EXPENSES:
Compensation and benefits	10,558	10,293
Other operating	5,003	4,278
Federal Housing Finance Agency	1,413	1,110
Office of Finance	1,224	1,171
Mortgage loans transaction service fees	1,521	1,656
Other	159	197
Total other expenses	19,878	18,705
INCOME BEFORE ASSESSMENTS	55,995	48,786
Affordable Housing Program	5,600	4,880
NET INCOME	$ 50,395	$ 43,906

Statements Of Comprehensive Inc

Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Net income	$ 50,395	$ 43,906
Other comprehensive income (loss):
Net unrealized gains (losses) on available-for-sale securities	(41,227)	29,234
Defined benefit pension plan	62	72
Total other comprehensive income (loss)	(41,165)	29,306
TOTAL COMPREHENSIVE INCOME (LOSS)	$ 9,230	$ 73,212

Statements Of Capital

Statements Of Capital - USD ($) shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period		$ 2,714,266	$ 2,667,767
Comprehensive income		9,230	73,212
Proceeds from issuance of capital stock		638,709	461,927
Repurchase/redemption of capital stock		(421,224)	(153,546)
Net reclassification of shares to mandatorily redeemable capital stock		(163,047)	(358,243)
Net transfer of shares between Class A and Class B		0	0
Dividends on capital stock
Cash payment		(54)	(64)
Stock issued		0	0
Balance at the end of the period		$ 2,777,880	$ 2,691,053
Capital Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period, shares	[1]	14,993	15,740
Balance at the beginning of the period	[1]	$ 1,499,301	$ 1,574,004
Proceeds from issuance of capital stock, shares	[1]	6,387	4,619
Proceeds from issuance of capital stock	[1]	$ 638,709	$ 461,927
Repurchase/redemption of capital stock, shares	[1]	(4,212)	(1,535)
Repurchase/redemption of capital stock	[1]	$ (421,224)	$ (153,546)
Net reclassification of shares to mandatorily redeemable capital stock, shares	[1]	(1,631)	(3,582)
Net reclassification of shares to mandatorily redeemable capital stock	[1]	$ (163,047)	$ (358,243)
Net transfer of shares between Class A and Class B, shares	[1]	0	0
Net transfer of shares between Class A and Class B	[1]	$ 0	$ 0
Dividends on capital stock
Stock issued, shares	[1]	204	162
Stock issued	[1]	$ 20,418	$ 16,223
Balance at the end of the period, shares	[1]	15,741	15,404
Balance at the end of the period	[1]	$ 1,574,157	$ 1,540,365
Total Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period		1,142,650	1,051,455
Comprehensive income		50,395	43,906
Dividends on capital stock
Cash payment		(54)	(64)
Stock issued		(20,418)	(16,223)
Balance at the end of the period		1,172,573	1,079,074
Unrestricted Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period		852,408	793,331
Comprehensive income		40,316	35,125
Dividends on capital stock
Cash payment		(54)	(64)
Stock issued		(20,418)	(16,223)
Balance at the end of the period		872,252	812,169
Restricted Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period		290,242	258,124
Comprehensive income		10,079	8,781
Dividends on capital stock
Balance at the end of the period		300,321	266,905
Accumulated Other Comprehensive Income (Loss) [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period		72,315	42,308
Comprehensive income		(41,165)	29,306
Dividends on capital stock
Balance at the end of the period		$ 31,150	$ 71,614
Class A [Member] | Capital Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period, shares	[1]	2,342	4,122
Balance at the beginning of the period	[1]	$ 234,190	$ 412,225
Proceeds from issuance of capital stock, shares	[1]	0	5
Proceeds from issuance of capital stock	[1]	$ 0	$ 500
Repurchase/redemption of capital stock, shares	[1]	(3,607)	(1,331)
Repurchase/redemption of capital stock	[1]	$ (360,704)	$ (133,115)
Net reclassification of shares to mandatorily redeemable capital stock, shares	[1]	(604)	(3,156)
Net reclassification of shares to mandatorily redeemable capital stock	[1]	$ (60,397)	$ (315,648)
Net transfer of shares between Class A and Class B, shares	[1]	4,071	4,122
Net transfer of shares between Class A and Class B	[1]	$ 407,133	$ 412,234
Dividends on capital stock
Balance at the end of the period, shares	[1]	2,202	3,762
Balance at the end of the period	[1]	$ 220,222	$ 376,196
Class B [Member] | Capital Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Balance at the beginning of the period, shares	[1]	12,651	11,618
Balance at the beginning of the period	[1]	$ 1,265,111	$ 1,161,779
Proceeds from issuance of capital stock, shares	[1]	6,387	4,614
Proceeds from issuance of capital stock	[1]	$ 638,709	$ 461,427
Repurchase/redemption of capital stock, shares	[1]	(605)	(204)
Repurchase/redemption of capital stock	[1]	$ (60,520)	$ (20,431)
Net reclassification of shares to mandatorily redeemable capital stock, shares	[1]	(1,027)	(426)
Net reclassification of shares to mandatorily redeemable capital stock	[1]	$ (102,650)	$ (42,595)
Net transfer of shares between Class A and Class B, shares	[1]	(4,071)	(4,122)
Net transfer of shares between Class A and Class B	[1]	$ (407,133)	$ (412,234)
Dividends on capital stock
Stock issued, shares	[1]	204	162
Stock issued	[1]	$ 20,418	$ 16,223
Balance at the end of the period, shares	[1]	13,539	11,642
Balance at the end of the period	[1]	$ 1,353,935	$ 1,164,169
[1]	Putable

Statements Of Capital (Parenthe

Statements Of Capital (Parenthetical) - Capital Stock [Member]	3 Months Ended
	Mar. 31, 2022Rate	Mar. 31, 2021Rate
Class A [Member]
Dividends on capital stock, percentage rate	0.30%	0.30%
Class B [Member]
Dividends on capital stock, percentage rate	5.80%	5.20%

Statements Of Cash Flows

Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 50,395	$ 43,906
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Premiums and discounts on consolidated obligations, net	(1,789)	(4,487)
Concessions on consolidated obligations	964	2,220
Premiums and discounts on investments, net	1,673	4,713
Premiums, discounts and commitment fees on advances, net	(1,113)	(1,264)
Premiums, discounts and deferred loan costs on mortgage loans, net	6,527	16,696
Fair value adjustments on hedged assets or liabilities	388	720
Premises, software and equipment	808	823
Other	62	72
Provision (reversal) for credit losses on mortgage loans	(307)	(14)
Non-cash interest on mandatorily redeemable capital stock	0	8
Net realized (gains) losses on disposal of premises, software and equipment	1	0
Other adjustments, net	(162)	(100)
Net (gains) losses on trading securities	59,488	26,747
Net change in derivatives and hedging activities	303,292	160,428
(Increase) decrease in accrued interest receivable	(1,684)	4,782
Change in net accrued interest included in derivative assets	(19,212)	(6,129)
(Increase) decrease in other assets	904	968
Increase (decrease) in accrued interest payable	5,892	(496)
Change in net accrued interest included in derivative liabilities	6,042	(2,340)
Increase (decrease) in Affordable Housing Program liability	2,881	1,755
Increase (decrease) in other liabilities	(5,694)	(4,263)
Total adjustments	358,961	200,839
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	409,356	244,745
CASH FLOWS FROM INVESTING ACTIVITIES:
Net (increase) decrease in interest-bearing deposits	(72,681)	299,341
Net (increase) decrease in securities purchased under resale agreements	(600,000)	900,000
Net (increase) decrease in Federal funds sold	260,000	(2,125,000)
Proceeds from maturities of and principal repayments on trading securities	404,650	4,665
Purchases of trading securities	(900,000)	(675,000)
Proceeds from maturities of and principal repayments on available-for-sale securities	351,543	503,950
Purchases of available-for-sale securities	(697,435)	(249,922)
Proceeds from maturities of and principal repayments on held-to-maturity securities	24,646	181,169
Advances repaid	159,083,449	134,393,793
Advances originated	(161,291,476)	(134,365,546)
Principal collected on mortgage loans	390,204	1,060,598
Purchases of mortgage loans	(286,235)	(542,022)
Proceeds from sale of foreclosed assets	70	47
Other investing activities	930	870
Purchases of premises, software and equipment	(133)	(278)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(3,332,468)	(613,335)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in deposits	(1,513)	33,284
Net proceeds from issuance of consolidated obligations:
Discount notes	39,888,155	53,566,824
Bonds	12,747,640	9,331,771
Payments for maturing and retired consolidated obligations:
Discount notes	(38,614,004)	(54,376,409)
Bonds	(11,141,400)	(12,635,100)
Net interest payments received (paid) for financing derivatives	(6,704)	(7,086)
Proceeds from issuance of capital stock	638,709	461,927
Payments for repurchase/redemption of capital stock	(421,224)	(153,546)
Payments for repurchase of mandatorily redeemable capital stock	(163,070)	(358,290)
Cash dividends paid	(54)	(64)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	2,926,535	(4,136,689)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	3,423	(4,505,279)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	25,841	4,570,415
CASH AND CASH EQUIVALENTS AT END OF PERIOD	29,264	65,136
Supplemental disclosures:
Interest paid	44,786	53,406
Affordable Housing Program payments	2,764	3,135
Net transfers of mortgage loans to other assets	$ 67	$ 183

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
BASIC OF PRESENTATION	BASIS OF PRESENTATION Basis of Presentation: The accompanying interim financial statements of FHLBank are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and with the instruction provided by Article 10, Rule 10-01 of Regulation S-X. The financial statements contain all adjustments which are, in the opinion of management, necessary for a fair statement of FHLBank’s financial position, results of operations and cash flows for the interim periods presented. All such adjustments were of a normal recurring nature. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full fiscal year or any other interim period. FHLBank’s significant accounting policies and certain other disclosures are set forth in the notes to the audited financial statements for the year ended December 31, 2021. The interim financial statements presented herein should be read in conjunction with FHLBank’s audited financial statements and notes thereto, which are included in FHLBank’s annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 21, 2022 (annual report on Form 10-K). The notes to the interim financial statements highlight significant changes to the notes included in the annual report on Form 10-K. Use of Estimates : The preparation of financial statements under GAAP requires management to make estimates and assumptions as of the date of the financial statements in determining the reported amounts of assets, liabilities and estimated fair values and in determining the disclosure of any contingent assets or liabilities. Estimates and assumptions by management also affect the reported amounts of income and expense during the reporting period. The most significant of these estimates include the fair value of trading and available-for-sale securities and the fair value of derivatives. Many of the estimates and assumptions, including those used in financial models, are based on financial market conditions as of the date of the financial statements. Because of the volatility of the financial markets, as well as other factors that affect management estimates, actual results may vary from these estimates.

Recently Issued Accounting Stan

Recently Issued Accounting Standards And Interpretations And Changes In And Adoptions Of Accounting Principles	3 Months Ended
	Mar. 31, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Standards And Interpretations And Changes In And Adoptions Of Accounting Principles	RECENTLY ISSUED ACCOUNTING STANDARDS AND INTERPRETATIONS AND CHANGES IN AND ADOPTIONS OF ACCOUNTING PRINCIPLES Troubled Debt Restructurings and Vintage Disclosures (Accounting Standards Update (ASU) 2022-02). In March 2022, the Financial Accounting Standards Board (FASB) issued amendments to eliminate the accounting guidance for troubled debt restructurings by creditors in Accounting Standards Codification (ASC) 310 for entities that have adopted ASU 2016-13, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The amended guidance requires that an entity apply the loan refinancing and restructuring guidance in ASC 310-20-35-9 through ASC 310-20-35-11 to determine whether a modification results in a new loan or a continuation of an existing loan. Additionally, the amendments require that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of ASC 326. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2022. Early adoption is permitted. FHLBank is evaluating this guidance and its effect on FHLBank’s financial condition, results of operations, cash flows, and disclosures. Fair Value Hedging – Portfolio Layer Method (ASU 2022-01). In March 2022, the FASB issued an amendment to clarify the application of the guidance in ASC 815 related to fair value hedging of interest rate risk for portfolios of financial assets. The ASU expands the scope and application of the portfolio layer method and provides guidance on the accounting for and disclosure of hedge basis adjustments. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2022. Early adoption is permitted. FHLBank is evaluating this guidance and its effect on FHLBank’s financial condition, results of operations, cash flows, and disclosures. Reference Rate Reform (ASU 2021-01). In January 2021, the FASB issued an amendment that refines the scope of ASC 848 and clarifies the guidance issued to facilitate the effects of reference rate reform on financial reporting. The amendment permits entities to elect certain optional expedients and exceptions when accounting for derivative contracts and certain hedging relationships affected by changes in the interest rates used for discounting cash flows, computing variation margin settlements and calculating price alignment interest in connection with reference rate reform activities. During the fourth quarter of 2020, FHLBank elected applicable optional expedients specific to discounting transition on a retrospective basis. As a result of electing this expedient, discounting transition did not have a material effect on FHLBank's financial condition, results of operations, or cash flows. This guidance was effective immediately for FHLBank and was applied consistently with the optional expedient guidance under ASU 2020-04, described below. Facilitation of the Effects of Reference Rate Reform on Financial Reporting (ASU 2020-04) . In March 2020, the FASB issued temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to transactions affected by reference rate reform if certain criteria are met. The transactions primarily include: (1) contract modifications; (2) hedging relationships; and (3) sale or transfer of debt securities classified as held-to-maturity. During the second quarter of 2021, FHLBank adopted a provision of ASU 2020-04 which allows a one-time election to sell, transfer, or both sell and transfer debt securities classified as held-to-maturity that reference a rate affected by reference rate reform and that were classified as held-to-maturity before January 1, 2020 by transferring LIBOR-indexed securities. See Note 3 – Investments for additional information related to this transfer. This guidance was effective immediately for FHLBank, and the amendments may be applied prospectively through December 31, 2022. FHLBank continues to evaluate the impact of the guidance and anticipates electing the applicable optional expedients as reference rate reform activities occur. The effect of this guidance and these activities on FHLBank's financial condition, results of operations, and cash flows is not estimable, as it depends on the nature of the transactions undertaken in response to reference rate reform and market conditions at the time of those transactions.

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Investment Securities	INVESTMENTS FHLBank's investment portfolio consists of interest-bearing deposits, securities purchased under agreements to resell, Federal funds sold, and debt securities. Interest-Bearing Deposits, Securities Purchased under Agreements to Resell, and Federal Funds Sold: FHLBank invests in interest-bearing deposits, securities purchased under agreements to resell, and Federal funds sold to provide short-term liquidity. These investments are generally transacted with counterparties that have received a credit rating of triple-B or greater (investment grade) by a Nationally Recognized Statistical Rating Organization (NRSRO). These may differ from internal ratings of the investments, if applicable. As of March 31, 2022, approximately 34 percent of these overnight investments were with counterparties not rated by an NRSRO. All transactions with unrated counterparties are secured transactions. Federal funds sold are unsecured loans that are generally transacted on an overnight term. Federal Housing Finance Agency (FHFA) regulations include a limit on the amount of unsecured credit FHLBank may extend to a counterparty. As of March 31, 2022 and December 31, 2021, all investments in interest-bearing deposits and Federal funds sold were repaid or expected to be repaid according to the contractual terms. No allowance for credit losses was recorded for these assets as of March 31, 2022 and December 31, 2021. Carrying values of interest-bearing deposits and Federal funds sold exclude accrued interest receivable of $102,000 and $28,000, respectively, as of March 31, 2022, and $51,000 and $7,000, respectively, as of December 31, 2021. Securities purchased under agreements to resell are short-term and are structured such that they are evaluated regularly to determine if the market value of the underlying securities decreases below the market value required as collateral (i.e., subject to collateral maintenance provisions). Based upon the collateral held as security and collateral maintenance provisions with its counterparties, FHLBank determined that no allowance for credit losses was needed for its securities purchased under agreements to resell as of March 31, 2022 and December 31, 2021. The carrying value of securities purchased under agreements to resell excludes accrued interest receivable of $19,000 and $3,000 as of March 31, 2022 and December 31, 2021, respectively. Debt Securities: FHLBank invests in debt securities, which are classified as either trading, available-for-sale, or held-to-maturity. FHLBank is prohibited by FHFA regulations from purchasing certain higher-risk securities, such as equity securities and debt instruments that are not investment quality, other than certain investments targeted at low-income persons or communities and instruments that experienced credit deterioration after their purchase by FHLBank. FHLBank's debt securities include the following major security types, which are based on the issuer and the risk characteristics of the security: ▪ Certificates of deposit - unsecured negotiable promissory notes issued by banks; ▪ U.S. Treasury obligations - sovereign debt of the United States; ▪ GSE debentures - debentures issued by other FHLBanks, Federal National Mortgage Association (Fannie Mae), Federal Farm Credit Bank and Federal Agricultural Mortgage Corporation. GSE securities are not guaranteed by the U.S. government; ▪ State or local housing agency obligations - municipal bonds issued by housing finance agencies; ▪ U.S. obligation MBS - single-family MBS issued by Government National Mortgage Association (Ginnie Mae), which are guaranteed by the U.S. government; and ▪ GSE MBS - single-family and multifamily MBS issued by Fannie Mae and Federal Home Loan Mortgage Corporation (Freddie Mac). Trading Securities: Trading securities by major security type as of March 31, 2022 and December 31, 2021 are summarized in Table 3.1 (in thousands): Table 3.1 Fair Value 03/31/2022 12/31/2021 Non-mortgage-backed securities: Certificates of deposit $ 700,211 $ 200,023 U.S. Treasury obligations 905,038 917,472 GSE debentures 401,915 415,918 Non-mortgage-backed securities 2,007,164 1,533,413 Mortgage-backed securities: GSE MBS 768,654 806,542 Mortgage-backed securities 768,654 806,542 TOTAL $ 2,775,818 $ 2,339,955 Net gains (losses) on trading securities during the three months ended March 31, 2022 and 2021 are shown in Table 3.2 (in thousands): Table 3.2 Three Months Ended 03/31/2022 03/31/2021 Net gains (losses) on trading securities held as of March 31, 2022 $ (59,465) $ (23,663) Net gains (losses) on trading securities sold or matured prior to March 31, 2022 (23) (3,084) NET GAINS (LOSSES) ON TRADING SECURITIES $ (59,488) $ (26,747) Available-for-sale Securities: Available-for-sale securities by major security type as of March 31, 2022 are summarized in Table 3.3 (in thousands). Amortized cost includes adjustments made to the cost basis of an investment for accretion, amortization, and fair value hedge accounting adjustments, and excludes accrued interest receivable of $16,340,000 as of March 31, 2022. Table 3.3 03/31/2022 Amortized Gross Gross Fair Non-mortgage-backed securities: U.S. Treasury obligations $ 2,794,109 $ 1,922 $ (7,972) $ 2,788,059 Non-mortgage-backed securities 2,794,109 1,922 (7,972) 2,788,059 Mortgage-backed securities: U.S. obligation MBS 46,763 78 (24) 46,817 GSE MBS 4,972,001 62,067 (22,609) 5,011,459 Mortgage-backed securities 5,018,764 62,145 (22,633) 5,058,276 TOTAL $ 7,812,873 $ 64,067 $ (30,605) $ 7,846,335 Available-for-sale securities by major security type as of December 31, 2021 are summarized in Table 3.4 (in thousands). Amortized cost includes adjustments made to the cost basis of an investment for accretion, amortization, and fair value hedge accounting adjustments, and excludes accrued interest receivable of $19,457,000 as of December 31, 2021. Table 3.4 12/31/2021 Amortized Gross Gross Fair Non-mortgage-backed securities: U.S. Treasury obligations $ 2,814,519 $ 3,377 $ (1,459) $ 2,816,437 Non-mortgage-backed securities 2,814,519 3,377 (1,459) 2,816,437 Mortgage-backed securities: U.S. obligation MBS 50,512 261 (6) 50,767 GSE MBS 4,779,465 78,246 (5,730) 4,851,981 Mortgage-backed securities 4,829,977 78,507 (5,736) 4,902,748 TOTAL $ 7,644,496 $ 81,884 $ (7,195) $ 7,719,185 Table 3.5 summarizes the available-for-sale securities with unrealized losses as of March 31, 2022 (in thousands). The unrealized losses are aggregated by major security type and length of time that individual securities have been in a continuous unrealized loss position. Table 3.5 03/31/2022 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Non-mortgage-backed securities: U.S. Treasury obligations $ 1,277,798 $ (7,972) $ — $ — $ 1,277,798 $ (7,972) Non-mortgage-backed securities 1,277,798 (7,972) — — 1,277,798 (7,972) Mortgage-backed securities: U.S. obligation MBS 3,654 (9) 5,808 (15) 9,462 (24) GSE MBS 1,275,723 (20,642) 717,035 (1,967) 1,992,758 (22,609) Mortgage-backed securities 1,279,377 (20,651) 722,843 (1,982) 2,002,220 (22,633) TOTAL $ 2,557,175 $ (28,623) $ 722,843 $ (1,982) $ 3,280,018 $ (30,605) Table 3.6 summarizes the available-for-sale securities with unrealized losses as of December 31, 2021 (in thousands). The unrealized losses are aggregated by major security type and length of time that individual securities have been in a continuous unrealized loss position. Table 3.6 12/31/2021 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Non-mortgage-backed securities: U.S. Treasury obligations $ 786,606 $ (1,459) $ — $ — $ 786,606 $ (1,459) Non-mortgage-backed securities 786,606 (1,459) — — 786,606 (1,459) Mortgage-backed securities: U.S. obligation MBS — — 6,191 (6) 6,191 (6) GSE MBS 331,546 (4,166) 740,451 (1,564) 1,071,997 (5,730) Mortgage-backed securities 331,546 (4,166) 746,642 (1,570) 1,078,188 (5,736) TOTAL $ 1,118,152 $ (5,625) $ 746,642 $ (1,570) $ 1,864,794 $ (7,195) The amortized cost and fair values of available-for-sale securities by contractual maturity as of March 31, 2022 and December 31, 2021 are shown in Table 3.7 (in thousands). Expected maturities of MBS will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment fees. Table 3.7 03/31/2022 12/31/2021 Amortized Fair Amortized Fair Non-mortgage-backed securities: Due in one year or less $ 1,200,885 $ 1,201,645 $ 907,110 $ 907,908 Due after one year through five years 1,360,753 1,354,151 1,660,664 1,661,260 Due after five years through ten years 232,471 232,263 246,745 247,269 Due after ten years — — — — Non-mortgage-backed securities 2,794,109 2,788,059 2,814,519 2,816,437 Mortgage-backed securities 5,018,764 5,058,276 4,829,977 4,902,748 TOTAL $ 7,812,873 $ 7,846,335 $ 7,644,496 $ 7,719,185 Held-to-maturity Securities: Held-to-maturity securities by major security type as of March 31, 2022 are summarized in Table 3.8 (in thousands). Carrying value equals amortized cost, which includes adjustments made to the cost basis of an investment for accretion and amortization, and excludes accrued interest receivable of $283,000 as of March 31, 2022. Table 3.8 03/31/2022 Amortized Gross Gross Fair Non-mortgage-backed securities: State or local housing agency obligations $ 74,865 $ — $ (1,185) $ 73,680 Non-mortgage-backed securities 74,865 — (1,185) 73,680 Mortgage-backed securities: GSE MBS 346,718 4,643 (1,346) 350,015 Mortgage-backed securities 346,718 4,643 (1,346) 350,015 TOTAL $ 421,583 $ 4,643 $ (2,531) $ 423,695 Held-to-maturity securities by major security type as of December 31, 2021 are summarized in Table 3.9 (in thousands). Carrying value equals amortized cost, which includes adjustments made to the cost basis of an investment for accretion and amortization, and excludes accrued interest receivable of $224,000 as of December 31, 2021. Table 3.9 12/31/2021 Amortized Gross Gross Fair Non-mortgage-backed securities: State or local housing agency obligations $ 74,865 $ — $ (1,250) $ 73,615 Non-mortgage-backed securities 74,865 — (1,250) 73,615 Mortgage-backed securities: GSE MBS 371,320 5,913 (77) 377,156 Mortgage-backed securities 371,320 5,913 (77) 377,156 TOTAL $ 446,185 $ 5,913 $ (1,327) $ 450,771 The amortized cost and fair values of held-to-maturity securities by contractual maturity as of March 31, 2022 and December 31, 2021 are shown in Table 3.10 (in thousands). Expected maturities of certain securities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment fees. Table 3.10 03/31/2022 12/31/2021 Amortized Fair Amortized Fair Non-mortgage-backed securities: Due in one year or less $ — $ — $ — $ — Due after one year through five years — — — — Due after five years through ten years 44,865 44,745 44,865 44,736 Due after ten years 30,000 28,935 30,000 28,879 Non-mortgage-backed securities 74,865 73,680 74,865 73,615 Mortgage-backed securities 346,718 350,015 371,320 377,156 TOTAL $ 421,583 $ 423,695 $ 446,185 $ 450,771 Allowance for Credit Losses on Available-for-Sale and Held-to-Maturity Securities: FHLBank evaluates available-for-sale and held-to-maturity investment securities for credit losses on a quarterly basis. As of March 31, 2022 and 2021, FHLBank did not recognize a provision for credit losses associated with available-for-sale investments or held-to-maturity investments. Although certain available-for-sale securities were in an unrealized loss position, these losses are considered temporary as FHLBank expects to recover the entire amortized cost basis on these available-for-sale investment securities. FHLBank neither intends to sell these securities nor considers it more likely than not that it will be required to sell these securities before its anticipated recovery of each security's remaining amortized cost basis.

Advances

Advances	3 Months Ended
	Mar. 31, 2022
Advances [Abstract]
Advances	ADVANCES General Terms: FHLBank offers a wide range of fixed and variable rate advance products with different maturities, interest rates, payment characteristics and optionality. As of March 31, 2022 and December 31, 2021, FHLBank had advances outstanding at interest rates ranging from 0.21 percent to 7.20 percent and 0.12 percent to 7.20 percent, respectively. Table 4.1 presents advances summarized by redemption term as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands). The redemption term represents the period in which principal amounts are contractually due. Carrying amounts exclude accrued interest receivable of $14,701,000 and $13,140,000 as of March 31, 2022 and December 31, 2021, respectively. Table 4.1 03/31/2022 12/31/2021 Redemption Term Amount Weighted Average Interest Rate Amount Weighted Average Interest Rate Due in one year or less $ 15,252,784 0.52 % $ 13,279,735 0.34 % Due after one year through two years 1,972,740 1.40 1,825,235 1.31 Due after two years through three years 2,602,736 1.11 2,359,249 0.98 Due after three years through four years 1,356,634 1.31 1,511,691 1.18 Due after four years through five years 1,290,236 1.16 1,314,949 1.09 Thereafter 3,165,725 1.92 3,141,969 1.76 Total par value 25,640,855 0.90 % 23,432,828 0.77 % Discounts (15,741) (16,856) Hedging adjustments (137,538) 68,316 TOTAL $ 25,487,576 $ 23,484,288 FHLBank’s outstanding advances include advances that contain call options that may be exercised with or without prepayment fees at the borrower’s discretion on specific dates (call dates) before the stated advance maturities (callable advances). In exchange for receiving the right to call the advance on a predetermined call schedule, the borrower may pay a higher fixed rate for the advance relative to an equivalent maturity, non-callable, fixed rate advance. The borrower generally exercises its call options on these advances when interest rates decline (fixed rate advances) or spreads change (adjustable rate advances). Convertible advances allow FHLBank to convert an advance from one interest payment term structure to another. When issuing convertible advances, FHLBank purchases put options from a member that allow FHLBank to convert the fixed rate advance to a variable rate advance at the current market rate or another structure after an agreed-upon lockout period. A convertible advance carries a lower interest rate than a comparable-maturity fixed rate advance without the conversion feature. Convertible advances are no longer a current product offering; however, $1,333,150,000 remain outstanding at March 31, 2022. Table 4.2 presents advances summarized by redemption term or next call date (for callable advances) and by redemption term or next conversion date (for convertible advances) as of March 31, 2022 and December 31, 2021 (in thousands): Table 4.2 Redemption Term Redemption Term Redemption Term 03/31/2022 12/31/2021 03/31/2022 12/31/2021 Due in one year or less $ 16,430,851 $ 14,582,991 $ 16,337,284 $ 14,324,735 Due after one year through two years 1,693,216 1,552,690 2,107,990 2,034,485 Due after two years through three years 2,015,557 1,821,308 2,693,136 2,452,148 Due after three years through four years 1,307,354 1,280,597 1,352,284 1,507,341 Due after four years through five years 1,282,347 1,308,086 1,290,236 1,314,949 Thereafter 2,911,530 2,887,156 1,859,925 1,799,170 TOTAL PAR VALUE $ 25,640,855 $ 23,432,828 $ 25,640,855 $ 23,432,828 Interest Rate Payment Terms : Table 4.3 details additional interest rate payment and redemption terms for advances as of March 31, 2022 and December 31, 2021 (in thousands): Table 4.3 Redemption Term 03/31/2022 12/31/2021 Fixed rate: Due in one year or less $ 14,943,734 $ 13,061,185 Due after one year through three years 2,740,376 2,593,884 Due after three years through five years 1,799,305 1,871,575 Due after five years through fifteen years 2,776,402 2,752,551 Due after fifteen years 38,776 37,371 Total fixed rate 22,298,593 20,316,566 Variable rate: Due in one year or less 309,050 218,550 Due after one year through three years 1,835,100 1,590,600 Due after three years through five years 847,565 955,065 Due after five years through fifteen years 348,047 349,547 Due after fifteen years 2,500 2,500 Total variable rate 3,342,262 3,116,262 TOTAL PAR VALUE $ 25,640,855 $ 23,432,828 Credit Risk Exposure and Security Terms: FHLBank manages its credit exposure to advances through an integrated approach that includes establishing a credit limit for each borrower. This approach includes an ongoing review of each borrower's financial condition, in conjunction with FHLBank's collateral and lending policies to limit risk of loss, while balancing borrowers' needs for a reliable source of funding. Using a risk-based approach and taking into consideration each borrower's financial strength, FHLBank considers the types and level of collateral to be the primary indicator of credit quality on advances. As of March 31, 2022 and December 31, 2021, FHLBank had rights to collateral on a borrower-by-borrower basis with an estimated value greater than its outstanding advances. FHLBank continues to evaluate and make changes to its collateral guidelines, as necessary, based on current market conditions. As of March 31, 2022 and December 31, 2021, no advances were past due, on nonaccrual status, or considered impaired. In addition, there were no troubled debt restructurings related to advances during the three months ended March 31, 2022 and 2021.

Mortgage Loans

Mortgage Loans	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Mortgage Loans	MORTGAGE LOANS Mortgage loans held for portfolio consist of loans obtained through the MPF Program and are either conventional mortgage loans or government-guaranteed or -insured mortgage loans. Under the MPF Program, FHLBank purchases single-family mortgage loans that are originated or acquired by PFIs. These mortgage loans are credit-enhanced by participating financial institutions (PFI) or are guaranteed or insured by Federal agencies. Mortgage Loans Held for Portfolio: Table 5.1 presents information as of March 31, 2022 and December 31, 2021 on mortgage loans held for portfolio (in thousands). Carrying amounts exclude accrued interest receivable of $36,717,000 and $36,959,000 as of March 31, 2022 and December 31, 2021, respectively. Table 5.1 03/31/2022 12/31/2021 Real estate: Fixed rate, medium-term 1 , single-family mortgages $ 1,324,691 $ 1,375,318 Fixed rate, long-term, single-family mortgages 6,608,373 6,664,654 Total unpaid principal balance 7,933,064 8,039,972 Premiums 104,101 107,697 Discounts (1,361) (1,371) Deferred loan costs, net 64 76 Hedging adjustments (8,881) (6,011) Total before allowance for credit losses on mortgage loans 8,026,987 8,140,363 Allowance for credit losses on mortgage loans (5,038) (5,317) MORTGAGE LOANS HELD FOR PORTFOLIO, NET $ 8,021,949 $ 8,135,046 1 Medium-term defined as a term of 15 years or less at origination. Table 5.2 presents information as of March 31, 2022 and December 31, 2021 on the outstanding unpaid principal balance of mortgage loans held for portfolio (in thousands): Table 5.2 03/31/2022 12/31/2021 Conventional loans $ 7,557,502 $ 7,644,184 Government-guaranteed or -insured loans 375,562 395,788 TOTAL UNPAID PRINCIPAL BALANCE $ 7,933,064 $ 8,039,972 Payment Status of Mortgage Loans: Payment status is the key credit quality indicator for conventional mortgage loans and allows FHLBank to monitor borrower performance. A past due loan is one where the borrower has failed to make a full payment of principal and interest within 30 days of its due date. Other delinquency statistics include nonaccrual loans and loans in process of foreclosure. Table 5.3 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of March 31, 2022 (dollar amounts in thousands): Table 5.3 03/31/2022 Conventional Loans Government Total Origination Year Subtotal Prior to 2018 2018 2019 2020 2021 2022 Amortized Cost: 1 Past due 30-59 days delinquent $ 21,713 $ 6,087 $ 7,303 $ 5,559 $ 4,533 $ — $ 45,195 $ 8,095 $ 53,290 Past due 60-89 days delinquent 5,616 1,376 2,839 1,217 448 — 11,496 2,887 14,383 Past due 90 days or more delinquent 8,749 6,418 10,704 — 646 — 26,517 9,348 35,865 Total past due 36,078 13,881 20,846 6,776 5,627 — 83,208 20,330 103,538 Total current loans 1,996,741 326,542 1,206,839 1,790,639 1,992,479 249,717 7,562,957 360,492 7,923,449 Total mortgage loans $ 2,032,819 $ 340,423 $ 1,227,685 $ 1,797,415 $ 1,998,106 $ 249,717 $ 7,646,165 $ 380,822 $ 8,026,987 Other delinquency statistics: In process of foreclosure 2 $ 4,604 $ 2,288 $ 6,892 Serious delinquency rate 3 0.4 % 2.5 % 0.5 % Past due 90 days or more and still accruing interest $ — $ 9,348 $ 9,348 Loans on nonaccrual status 4 $ 32,039 $ — $ 32,039 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $22,130,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans. Table 5.4 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of December 31, 2021 (dollar amounts in thousands): Table 5.4 12/31/2021 Conventional Loans Government Total Origination Year Subtotal Prior to 2017 2017 2018 2019 2020 2021 Amortized Cost: 1 Past due 30-59 days delinquent $ 17,460 $ 4,799 $ 6,567 $ 9,385 $ 3,472 $ 2,743 $ 44,426 $ 8,539 $ 52,965 Past due 60-89 days delinquent 2,908 1,258 1,653 2,408 1,063 — 9,290 2,187 11,477 Past due 90 days or more delinquent 8,530 3,271 6,241 13,199 353 1,103 32,697 13,290 45,987 Total past due 28,898 9,328 14,461 24,992 4,888 3,846 86,413 24,016 110,429 Total current loans 1,719,777 415,762 356,936 1,299,061 1,853,232 2,007,773 7,652,541 377,393 8,029,934 Total mortgage loans $ 1,748,675 $ 425,090 $ 371,397 $ 1,324,053 $ 1,858,120 $ 2,011,619 $ 7,738,954 $ 401,409 $ 8,140,363 Other delinquency statistics: In process of foreclosure 2 $ 3,065 $ 1,868 $ 4,933 Serious delinquency rate 3 0.4 % 3.3 % 0.6 % Past due 90 days or more and still accruing interest $ — $ 13,290 $ 13,290 Loans on nonaccrual status 4 $ 37,867 $ — $ 37,867 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $25,211,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans. Allowance for Credit Losses: Conventional Mortgage Loans: Conventional loans are evaluated collectively when similar risk characteristics exist. Conventional loans that do not share risk characteristics with other pools are evaluated for expected credit losses on an individual basis. FHLBank determines its allowances for credit losses on conventional loans through analyses that include consideration of various loan portfolio and collateral-related characteristics, such as past performance, current conditions, and reasonable and supportable forecasts of expected economic conditions. FHLBank uses a model that projects cash flows to estimate expected credit losses over the life of the loans. This model relies on a number of inputs, such as both current and forecasted property values and interest rates as well as historical borrower behavior experience. FHLBank also incorporates associated credit enhancements, as available, to determine its estimate of expected credit losses. Certain conventional loans may be evaluated for credit losses using the practical expedient for collateral dependent assets. A mortgage loan is considered collateral dependent when the borrower is experiencing financial difficulty and repayment is expected to be substantially through the sale of the underlying collateral. FHLBank may estimate the fair value of this collateral by applying an appropriate loss severity rate or using third party estimates or property valuation model(s). The expected credit loss of a collateral dependent mortgage loan is equal to the difference between the amortized cost of the loan and the estimated fair value of the collateral, less estimated selling costs. FHLBank records a direct charge-off of the loan balance if certain triggering criteria are met. Expected recoveries of prior charge-offs, if any, are included in the allowance for credit losses. FHLBank established an allowance for credit losses on its conventional mortgage loans held for portfolio. Table 5.5 presents a roll-forward of the allowance for credit losses on mortgage loans for the three months ended March 31, 2022 and 2021. Table 5.5 Three Months Ended Conventional Loans 03/31/2022 03/31/2021 Balance, beginning of the period $ 5,317 $ 5,177 Net (charge-offs) recoveries 28 (207) Provision (reversal) for credit losses (307) (14) Balance, end of the period $ 5,038 $ 4,956 Government-Guaranteed or -Insured Mortgage Loans: FHLBank invests in fixed-rate mortgage loans that are insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, and/or the Department of Housing and Urban Development. The servicer provides and maintains insurance or a guarantee from the applicable government agency. The servicer is responsible for compliance with all government agency requirements and for obtaining the benefit of the applicable guarantee or insurance with respect to defaulted government-guaranteed or -insured mortgage loans. Any losses on these loans that are not recovered from the issuer or the guarantor are absorbed by the servicer. Therefore, FHLBank only has credit risk for these loans if the servicer fails to pay for losses not covered by the guarantee or insurance, but in such instance, FHLBank would have recourse against the servicer for such failure. Based on FHLBank's assessment of its servicers and the collateral backing the loans, the risk of loss was immaterial; consequently, no allowance for credit losses for government-guaranteed or -insured mortgage loans was recorded as of March 31, 2022 and December 31, 2021. Furthermore, none of these mortgage loans has been placed on nonaccrual status because of the U.S. government guarantee or insurance on these loans and the contractual obligation of the loan servicer to repurchase the loans when certain criteria are met.

Derivatives And Hedging Activit

Derivatives And Hedging Activities	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives And Hedging Activities	DERIVATIVES AND HEDGING ACTIVITIES Table 6.1 presents outstanding notional amounts and fair values of the derivatives outstanding by type of derivative and by hedge designation as of March 31, 2022 and December 31, 2021 (in thousands). Total derivative assets and liabilities include the effect of netting adjustments and cash collateral. Table 6.1 03/31/2022 12/31/2021 Notional Derivative Derivative Notional Derivative Derivative Derivatives designated as hedging instruments: Interest rate swaps $ 23,432,796 $ 41,172 $ 323,629 $ 18,695,438 $ 16,678 $ 152,302 Total derivatives designated as hedging relationships 23,432,796 41,172 323,629 18,695,438 16,678 152,302 Derivatives not designated as hedging instruments: Interest rate swaps 2,070,945 6,354 534 2,079,830 5 28,963 Interest rate caps/floors 354,000 1,276 — 477,500 335 — Mortgage delivery commitments 129,831 34 1,940 72,025 32 45 Total derivatives not designated as hedging instruments 2,554,776 7,664 2,474 2,629,355 372 29,008 TOTAL $ 25,987,572 48,836 326,103 $ 21,324,793 17,050 181,310 Netting adjustments and cash collateral 1 126,809 (323,609) 139,876 (176,730) DERIVATIVE ASSETS AND LIABILITIES $ 175,645 $ 2,494 $ 156,926 $ 4,580 1 Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively. FHLBank carries derivative instruments at fair value on its Statements of Condition. Changes in fair value of the derivative hedging instrument and the hedged item attributable to the hedged risk for designated fair value hedges are recorded in net interest income in the same line as the earnings effect of the hedged item. Gains (losses) on fair value hedges include unrealized changes in fair value as well as net interest settlements. For the three months ended March 31, 2022 and 2021, FHLBank recorded net gains (losses) on derivatives and the related hedged items in fair value hedging relationships and the impact of those derivatives on FHLBank’s net interest income as presented in Table 6.2 (in thousands): Table 6.2 Three Months Ended 03/31/2022 Interest Income/Expense Advances Available-for-sale Securities Consolidated Obligation Discount Notes Consolidated Obligation Bonds Total amounts presented in the Statements of Income $ 37,881 $ 14,784 $ 2,036 $ 36,556 Gains (losses) on fair value hedging relationships: Interest rate contracts: Derivatives 1 $ 193,430 $ 215,804 $ (606) $ (255,563) Hedged items 2 (207,166) (235,685) 1,230 273,563 NET GAINS (LOSSES) ON FAIR VALUE HEDGING RELATIONSHIPS $ (13,736) $ (19,881) $ 624 $ 18,000 Three Months Ended 03/31/2021 Interest Income/Expense Advances Available-for-sale Securities Consolidated Obligation Discount Notes Consolidated Obligation Bonds Total amounts presented in the Statements of Income $ 35,443 $ 11,477 $ 1,998 $ 46,515 Gains (losses) on fair value hedging relationships: Interest rate contracts: Derivatives 1 $ 116,674 $ 124,675 $ 13 $ (21,293) Hedged items 2 (131,314) (148,040) (4) 28,620 NET GAINS (LOSSES) ON FAIR VALUE HEDGING RELATIONSHIPS $ (14,640) $ (23,365) $ 9 $ 7,327 1 Includes net interest settlements in interest income/expense. 2 Includes amortization/accretion on closed fair value relationships in interest income. Table 6.3 presents the cumulative basis adjustments on hedged items designated as fair value hedges and the related amortized cost of the hedged items as of March 31, 2022 and December 31, 2021 (in thousands): Table 6.3 03/31/2022 Line Item in Statements of Condition of Hedged Item Carrying Value of Hedged Asset/(Liability) 1 Basis Adjustments for Active Hedging Relationships 2 Basis Adjustments for Discontinued Hedging Relationships 2 Cumulative Amount of Fair Value Hedging Basis Adjustments 2 Advances $ 6,479,371 $ (148,239) $ 10,701 $ (137,538) Available-for-sale securities 5,558,283 (136,497) — (136,497) Consolidated obligation discount notes (697,523) 1,230 — 1,230 Consolidated obligation bonds (10,084,063) 314,077 — 314,077 12/31/2021 Line Item in Statements of Condition of Hedged Item Carrying Value of Hedged Asset/(Liability) 1 Basis Adjustments for Active Hedging Relationships 2 Basis Adjustments for Discontinued Hedging Relationships 2 Cumulative Amount of Fair Value Hedging Basis Adjustments 2 Advances $ 6,268,057 $ 57,055 $ 11,261 $ 68,316 Available-for-sale securities 5,785,963 100,372 — 100,372 Consolidated obligation bonds (6,754,140) 40,514 — 40,514 1 Includes only the portion of carrying value representing the hedged items in fair value hedging relationships. For available-for-sale securities, amortized cost is considered to be carrying value (i.e., the fair value adjustment recorded in AOCI is excluded). 2 Included in amortized cost of the hedged asset/liability. Table 6.4 provides information regarding net gains (losses) on derivatives recorded in non-interest income (in thousands). Table 6.4 Three Months Ended 03/31/2022 03/31/2021 Derivatives not designated as hedging instruments: Economic hedges: Interest rate swaps $ 60,931 $ 34,451 Interest rate caps/floors 941 160 Net interest settlements (10,374) (12,841) Mortgage delivery commitments (4,935) (4,189) NET GAINS (LOSSES) ON DERIVATIVES $ 46,563 $ 17,581 Based on credit analyses and collateral requirements, FHLBank management does not anticipate any credit losses on its derivative agreements. The maximum credit risk applicable to a single counterparty was $7,703,000 as of March 31, 2022. There was no credit risk applicable to a single counterparty at December 31, 2021. For uncleared derivative transactions, FHLBank has entered into bilateral security agreements with its counterparties with bilateral-collateral-exchange provisions that require all credit exposures be collateralized, subject to minimum transfer amounts. FHLBank utilizes two Derivative Clearing Organizations (Clearinghouse) for all cleared derivative transactions, LCH Limited and CME Clearing. At both Clearinghouses, initial margin is considered cash collateral. For cleared derivatives, the Clearinghouse determines initial margin requirements and generally, credit ratings are not factored into the initial margin. However, clearing agents may require additional initial margin to be posted based on credit considerations, including but not limited to credit rating downgrades. FHLBank was not required to post additional initial margin by its clearing agents as of March 31, 2022 and December 31, 2021. FHLBank’s net exposure on derivative agreements is presented in Note 9.

Deposits

Deposits	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Deposits	DEPOSITS FHLBank offers demand, overnight and short-term deposit programs to its members and to other qualifying non-members. A member that services mortgage loans may also deposit funds collected in connection with the mortgage loans, pending disbursement of these funds to the owners of the mortgage loans. FHLBank classifies these funds as other deposits. Deposits classified as demand and overnight pay interest based on a daily interest rate. Term deposits pay interest based on a fixed rate determined at the issuance of the deposit. Table 7.1 details the types of deposits held by FHLBank as of March 31, 2022 and December 31, 2021 (in thousands): Table 7.1 03/31/2022 12/31/2021 Interest-bearing: Demand $ 298,835 $ 317,911 Overnight 554,000 530,100 Term 5,750 2,750 Total interest-bearing 858,585 850,761 Non-interest-bearing: Other 78,106 95,446 Total non-interest-bearing 78,106 95,446 TOTAL DEPOSITS $ 936,691 $ 946,207

Consolidated Obligations

Consolidated Obligations	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Consolidated Obligations	CONSOLIDATED OBLIGATIONS Consolidated Obligation Bonds: Table 8.1 presents FHLBank’s participation in consolidated obligation bonds outstanding as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands): Table 8.1 03/31/2022 12/31/2021 Year of Contractual Maturity Amount Weighted Amount Weighted Due in one year or less $ 21,828,700 0.26 % $ 21,821,300 0.13 % Due after one year through two years 2,836,400 1.03 2,582,600 1.02 Due after two years through three years 3,497,700 1.01 2,435,700 0.90 Due after three years through four years 2,190,000 0.85 1,927,100 0.86 Due after four years through five years 3,750,500 1.02 3,766,500 0.89 Thereafter 5,159,550 1.59 5,125,050 1.57 Total par value 39,262,850 0.66 % 37,658,250 0.55 % Premiums 26,015 27,470 Discounts (2,604) (2,720) Concession fees (11,463) (11,877) Hedging adjustments (314,077) (40,514) TOTAL $ 38,960,721 $ 37,630,609 FHLBank issues optional principal redemption bonds (callable bonds) that may be redeemed in whole or in part at the discretion of FHLBank on predetermined call dates in accordance with terms of bond offerings. FHLBank’s participation in consolidated obligation bonds outstanding as of March 31, 2022 and December 31, 2021 includes callable bonds totaling $13,306,000,000 and $11,224,000,000, respectively. Table 8.2 summarizes FHLBank’s participation in consolidated obligation bonds outstanding by year of maturity, or by the next call date for callable bonds as of March 31, 2022 and December 31, 2021 (in thousands): Table 8.2 Year of Maturity or Next Call Date 03/31/2022 12/31/2021 Due in one year or less $ 34,337,200 $ 32,612,800 Due after one year through two years 2,109,400 2,224,600 Due after two years through three years 1,059,200 1,024,200 Due after three years through four years 599,000 565,100 Due after four years through five years 646,500 684,500 Thereafter 511,550 547,050 TOTAL PAR VALUE $ 39,262,850 $ 37,658,250 In addition to having fixed rate or simple variable rate coupon payment terms, consolidated obligation bonds may also have the following broad terms, regarding the coupon payment: ▪ Range bonds that have coupon rates at fixed or variable rates and pay the fixed or variable rate as long as the index rate is within the established range, but generally pay zero percent or a minimal interest rate if the specified index rate is outside the established range; ▪ Conversion bonds that have coupon rates that convert from fixed to variable, or variable to fixed, rates or from one index to another, on predetermined dates according to the terms of the bond offerings; and ▪ Step bonds that have coupon rates at fixed or variable rates for specified intervals over the lives of the bonds. At the end of each specified interval, the coupon rate or variable rate spread increases (decreases) or steps up (steps down). These bond issues generally contain call provisions enabling the bonds to be called at FHLBank’s discretion on the step dates. Table 8.3 summarizes interest rate payment terms for consolidated obligation bonds as of March 31, 2022 and December 31, 2021 (in thousands): Table 8.3 03/31/2022 12/31/2021 Fixed rate $ 18,918,850 $ 20,957,250 Simple variable rate 18,737,000 15,752,000 Step 1,607,000 949,000 TOTAL PAR VALUE $ 39,262,850 $ 37,658,250 Consolidated Discount Notes: Table 8.4 summarizes FHLBank’s participation in consolidated obligation discount notes, all of which are due within one year (dollar amounts in thousands): Table 8.4 Carrying Value Par Value Weighted Average Interest Rate 1 March 31, 2022 $ 7,843,651 $ 7,848,461 0.28 % December 31, 2021 $ 6,568,989 $ 6,569,580 0.04 % 1 Represents yield to maturity excluding concession fees.

Assets and Liabilities Subject

Assets and Liabilities Subject to Offsetting	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Assets and Liabilities Subject to Offsetting	ASSETS AND LIABILITIES SUBJECT TO OFFSETTING FHLBank presents certain financial instruments, including derivatives, repurchase agreements and securities purchased under agreements to resell, on a net basis by clearing agent by Clearinghouse, or by counterparty, when it has met the netting requirements. For these financial instruments, FHLBank has elected to offset its asset and liability positions, as well as cash collateral received or pledged, including associated accrued interest. FHLBank has analyzed the enforceability of offsetting rights incorporated in its cleared derivative transactions and determined that the exercise of those offsetting rights by a non-defaulting party under these transactions should be upheld under applicable law upon an event of default including a bankruptcy, insolvency, or similar proceeding involving the Clearinghouse or clearing agent, or both. Based on this analysis, FHLBank presents a net derivative receivable or payable for all of its transactions through a particular clearing agent with a particular Clearinghouse. Tables 9.1 and 9.2 present the fair value of financial assets, including the related collateral received from or pledged to clearing agents or counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of March 31, 2022 and December 31, 2021 (in thousands): Table 9.1 03/31/2022 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative assets: Uncleared derivatives $ 47,555 $ (43,513) $ 4,042 $ (34) $ 4,008 Cleared derivatives 1,281 170,322 171,603 — 171,603 Total derivative assets 48,836 126,809 175,645 (34) 175,611 Securities purchased under agreements to resell 2,100,000 — 2,100,000 (2,100,000) — TOTAL $ 2,148,836 $ 126,809 $ 2,275,645 $ (2,100,034) $ 175,611 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments). Table 9.2 12/31/2021 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative assets: Uncleared derivatives $ 16,855 $ (16,522) $ 333 $ (32) $ 301 Cleared derivatives 195 156,398 156,593 — 156,593 Total derivative assets 17,050 139,876 156,926 (32) 156,894 Securities purchased under agreements to resell 1,500,000 — 1,500,000 (1,500,000) — TOTAL $ 1,517,050 $ 139,876 $ 1,656,926 $ (1,500,032) $ 156,894 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments). Tables 9.3 and 9.4 present the fair value of financial liabilities, including the related collateral received from or pledged to counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of March 31, 2022 and December 31, 2021 (in thousands): Table 9.3 03/31/2022 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative liabilities: Uncleared derivatives $ 318,054 $ (315,560) $ 2,494 $ (1,940) $ 554 Cleared derivatives 8,049 (8,049) — — — Total derivative liabilities 326,103 (323,609) 2,494 (1,940) 554 TOTAL $ 326,103 $ (323,609) $ 2,494 $ (1,940) $ 554 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments). Table 9.4 12/31/2021 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative liabilities: Uncleared derivatives $ 179,338 $ (174,758) $ 4,580 $ (45) $ 4,535 Cleared derivatives 1,972 (1,972) — — — Total derivative liabilities 181,310 (176,730) 4,580 (45) 4,535 TOTAL $ 181,310 $ (176,730) $ 4,580 $ (45) $ 4,535 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).

Capital

Capital	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Capital	CAPITAL Capital Requirements: FHLBank is subject to three capital requirements under the provisions of the Gramm-Leach-Bliley Act (GLB Act) and the FHFA's capital structure regulation. Regulatory capital does not include AOCI but does include mandatorily redeemable capital stock. • Risk-based capital. FHLBank must maintain at all times permanent capital in an amount at least equal to the sum of its credit risk, market risk and operational risk capital requirements. The risk-based capital requirements are all calculated in accordance with the rules and regulations of the FHFA. Only permanent capital, defined as Class B Common Stock and retained earnings, can be used by FHLBank to satisfy its risk-based capital requirement. The FHFA may require FHLBank to maintain a greater amount of permanent capital than is required by the risk-based capital requirement as defined, but the FHFA has not placed any such requirement on FHLBank to date. • Total regulatory capital. The GLB Act requires FHLBank to maintain at all times at least a 4.0 percent total capital-to-asset ratio. Total regulatory capital is defined as the sum of permanent capital, Class A Common Stock, any general loss allowance, if consistent with GAAP and not established for specific assets, and other amounts from sources determined by the FHFA as available to absorb losses. • Leverage capital. FHLBank is required to maintain at all times a leverage capital-to-assets ratio of at least 5.0 percent, with the leverage capital ratio defined as the sum of permanent capital weighted 1.5 times and non-permanent capital (currently only Class A Common Stock) weighted 1.0 times, divided by total assets. Table 10.1 illustrates that FHLBank was in compliance with its regulatory capital requirements as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands): Table 10.1 03/31/2022 12/31/2021 Required Actual Required Actual Regulatory capital requirements: Risk-based capital $ 489,854 $ 2,526,508 $ 363,108 $ 2,407,762 Total regulatory capital-to-asset ratio 4.0 % 5.4 % 4.0 % 5.5 % Total regulatory capital $ 2,029,708 $ 2,747,289 $ 1,920,850 $ 2,642,533 Leverage capital ratio 5.0 % 7.9 % 5.0 % 8.0 % Leverage capital $ 2,537,135 $ 4,010,543 $ 2,401,062 $ 3,846,414 Mandatorily Redeemable Capital Stock: FHLBank is a cooperative whose members own most of FHLBank’s capital stock. Former members (including certain non-members that own FHLBank capital stock as a result of merger or acquisition, relocation, charter termination, or involuntary termination of an FHLBank member) own the remaining capital stock to support business transactions still carried on FHLBank's Statements of Condition. Shares cannot be purchased or sold except between FHLBank and its members at a price equal to the $100 per share par value. If a member cancels its written notice of redemption or notice of withdrawal, FHLBank will reclassify mandatorily redeemable capital stock from a liability to equity. After the reclassification, dividends on the capital stock would no longer be classified as interest expense. Table 10.2 presents a roll-forward of mandatorily redeemable capital stock for the three months ended March 31, 2022 and 2021 (in thousands): Table 10.2 Three Months Ended 03/31/2022 03/31/2021 Balance, beginning of period $ 582 $ 1,624 Capital stock subject to mandatory redemption reclassified from equity during the period 163,047 358,243 Redemption or repurchase of mandatorily redeemable capital stock during the period (163,070) (358,290) Stock dividend classified as mandatorily redeemable capital stock during the period — 8 Balance, end of period $ 559 $ 1,585 Excess Capital Stock: Excess capital stock is defined as the amount of stock held by a member (or former member) in excess of that institution’s minimum stock purchase requirement. FHFA rules limit the ability of FHLBank to create excess member stock under certain circumstances. For example, FHLBank may not pay dividends in the form of capital stock or issue new excess stock to members if FHLBank’s excess stock exceeds one percent of its total assets or if the issuance of excess stock would cause FHLBank’s excess stock to exceed one percent of its total assets. As of March 31, 2022, FHLBank’s excess stock was less than one percent of total assets. Capital Classification Determination: The FHFA determines each FHLBank’s capital classification on at least a quarterly basis. If an FHLBank is determined to be other than adequately capitalized, that FHLBank becomes subject to additional supervisory authority by the FHFA. Before implementing a reclassification, the Director of the FHFA is required to provide an FHLBank with written notice of the proposed action and an opportunity to submit a response. As of the most recent review by the FHFA, FHLBank Topeka was classified as adequately capitalized.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	3 Months Ended
	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	ACCUMULATED OTHER COMPREHENSIVE INCOME Table 11.1 summarizes the changes in AOCI for the three months ended March 31, 2022 and 2021 (in thousands): Table 11.1 Three Months Ended Net Unrealized Gains (Losses) on Available-for-sale Securities Defined Benefit Pension Plan Total AOCI Balance at December 31, 2020 $ 45,196 $ (2,888) $ 42,308 Other comprehensive income (loss) before reclassification: Unrealized gains (losses) 29,234 29,234 Reclassifications from other comprehensive income (loss) to net income: Amortization of net losses - defined benefit pension plan 1 72 72 Net current period other comprehensive income (loss) 29,234 72 29,306 Balance at March 31, 2021 $ 74,430 $ (2,816) $ 71,614 Balance at December 31, 2021 $ 74,689 $ (2,374) $ 72,315 Other comprehensive income (loss) before reclassification: Unrealized gains (losses) (41,227) (41,227) Reclassifications from other comprehensive income (loss) to net income: Amortization of net losses - defined benefit pension plan 1 62 62 Net current period other comprehensive income (loss) (41,227) 62 (41,165) Balance at March 31, 2022 $ 33,462 $ (2,312) $ 31,150 1 Recorded in “Other” non-interest expense on the Statements of Income. Amount represents a debit (increase to other expenses).

Fair Values

Fair Values	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Values	FAIR VALUES The fair value amounts recorded on the Statements of Condition and presented in the note disclosures have been determined by FHLBank using available market and other pertinent information and reflect FHLBank’s best judgment of appropriate valuation methods. GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., an exit price). Although FHLBank uses its best judgment in estimating the fair value of its financial instruments, there are inherent limitations in any valuation technique. Therefore, the fair values may not be indicative of the amounts that would have been realized in market transactions as of March 31, 2022 and December 31, 2021. Additionally, these values do not represent an estimate of the overall market value of FHLBank as a going concern, which would take into account future business opportunities and the net profitability of assets and liabilities. Subjectivity of Estimates: Estimates of the fair value of advances with options, mortgage instruments, derivatives with embedded options and consolidated obligation bonds with options are highly subjective and require judgments regarding significant matters such as the amount and timing of future cash flows, prepayment speed assumptions, expected interest rate volatility, methods to determine possible distributions of future interest rates used to value options, and the selection of discount rates that appropriately reflect market and credit risks. The use of different assumptions could have a material effect on the fair value estimates. Fair Value Hierarchy: The fair value hierarchy requires FHLBank to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The inputs are evaluated and an overall level for the fair value measurement is determined. This overall level is an indication of the market observability of the fair value measurement for the asset or liability. FHLBank must disclose the level within the fair value hierarchy in which the measurements are classified for all assets and liabilities. The fair value hierarchy prioritizes the inputs used to measure fair value into three broad levels: • Level 1 Inputs – Quoted prices (unadjusted) for identical assets or liabilities in active markets that FHLBank can access on the measurement date. An active market for the asset or liability is a market in which the transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. • Level 2 Inputs – Inputs other than quoted prices within Level 1 that are observable inputs for the asset or liability, either directly or indirectly. If the asset or liability has a specified (contractual) term, a Level 2 input must be observable for substantially the full term of the asset or liability. Level 2 inputs include the following: (1) quoted prices for similar assets and liabilities in active markets; (2) quoted prices for similar assets and liabilities in markets that are not active; (3) inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates and yield curves that are observable at commonly quoted intervals and implied volatilities); and (4) inputs that are derived principally from or corroborated by observable market data by correlation or other means. • Level 3 Inputs – Unobservable inputs for the asset or liability. Valuations are derived from techniques that use significant assumptions not observable in the market, which include pricing models, discounted cash flow models using an unobservable discount rate, or similar techniques. FHLBank reviews its fair value hierarchy classifications on a quarterly basis. Changes in the observability of the valuation inputs may result in a reclassification of certain assets or liabilities. There were no transfers of assets or liabilities between fair value levels during the three months ended March 31, 2022 and 2021. Tables 12.1 and 12.2 present the carrying value, fair value and fair value hierarchy of financial assets and liabilities as of March 31, 2022 and December 31, 2021. FHLBank records trading securities, available-for-sale securities, derivative assets, and derivative liabilities at fair value on a recurring basis, and on occasion certain mortgage loans held for portfolio and certain other assets at fair value on a nonrecurring basis. FHLBank measures all other financial assets and liabilities at amortized cost. Further details about the financial assets and liabilities held at fair value on either a recurring or non-recurring basis are presented in Tables 12.3 and 12.4. The carrying value, fair value and fair value hierarchy of FHLBank’s financial assets and liabilities as of March 31, 2022 and December 31, 2021 are summarized in Tables 12.1 and 12.2 (in thousands): Table 12.1 03/31/2022 Carrying Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Assets: Cash and due from banks $ 29,264 $ 29,264 $ 29,264 $ — $ — $ — Interest-bearing deposits 624,145 624,145 — 624,145 — — Securities purchased under agreements to resell 2,100,000 2,100,000 — 2,100,000 — — Federal funds sold 3,100,000 3,100,000 — 3,100,000 — — Trading securities 2,775,818 2,775,818 — 2,775,818 — — Available-for-sale securities 7,846,335 7,846,335 — 7,846,335 — — Held-to-maturity securities 421,583 423,695 — 350,015 73,680 — Advances 25,487,576 25,489,324 — 25,489,324 — — Mortgage loans held for portfolio, net of allowance 8,021,949 7,494,067 — 7,491,143 2,924 — Accrued interest receivable 79,890 79,890 — 79,890 — — Derivative assets 175,645 175,645 — 48,836 — 126,809 Liabilities: Deposits 936,691 936,683 — 936,683 — — Consolidated obligation discount notes 7,843,651 7,843,233 — 7,843,233 — — Consolidated obligation bonds 38,960,721 38,413,389 — 38,413,389 — — Mandatorily redeemable capital stock 559 559 559 — — — Accrued interest payable 48,820 48,820 — 48,820 — — Derivative liabilities 2,494 2,494 — 326,103 — (323,609) Other Asset (Liability): Industrial revenue bonds 35,000 34,053 — 34,053 — — Financing obligation payable (35,000) (34,053) — (34,053) — — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral and related accrued interest held or placed with the same clearing agent or derivative counterparty. Table 12.2 12/31/2021 Carrying Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Assets: Cash and due from banks $ 25,841 $ 25,841 $ 25,841 $ — $ — $ — Interest-bearing deposits 693,249 693,249 — 693,249 — — Securities purchased under agreements to resell 1,500,000 1,500,000 — 1,500,000 — — Federal funds sold 3,360,000 3,360,000 — 3,360,000 — — Trading securities 2,339,955 2,339,955 — 2,339,955 — — Available-for-sale securities 7,719,185 7,719,185 — 7,719,185 — — Held-to-maturity securities 446,185 450,771 — 377,156 73,615 — Advances 23,484,288 23,567,860 — 23,567,860 — — Mortgage loans held for portfolio, net of allowance 8,135,046 8,064,657 — 8,060,200 4,457 — Accrued interest receivable 78,032 78,032 — 78,032 — — Derivative assets 156,926 156,926 — 17,050 — 139,876 Liabilities: Deposits 946,207 946,207 — 946,207 — — Consolidated obligation discount notes 6,568,989 6,568,645 — 6,568,645 — — Consolidated obligation bonds 37,630,609 37,565,481 — 37,565,481 — — Mandatorily redeemable capital stock 582 582 582 — — — Accrued interest payable 42,753 42,753 — 42,753 — — Derivative liabilities 4,580 4,580 — 181,310 — (176,730) Other Asset (Liability): Industrial revenue bonds 35,000 36,114 — 36,114 — — Financing obligation payable (35,000) (36,114) — (36,114) — — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral and related accrued interest held or placed with the same clearing agent or derivative counterparty. Fair Value Measurements: Tables 12.3 and 12.4 present, for each hierarchy level, FHLBank’s assets and liabilities that are measured at fair value on a recurring or nonrecurring basis on the Statements of Condition as of or for the periods ended March 31, 2022 and December 31, 2021 (in thousands). Table 12.3 03/31/2022 Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Recurring fair value measurements - Assets: Trading securities: Certificates of deposit $ 700,211 $ — $ 700,211 $ — $ — U.S. Treasury obligations 905,038 — 905,038 — — GSE debentures 401,915 — 401,915 — — GSE MBS 768,654 — 768,654 — — Total trading securities 2,775,818 — 2,775,818 — — Available-for-sale securities: U.S. Treasury obligations 2,788,059 — 2,788,059 — — U.S. obligation MBS 46,817 — 46,817 — — GSE MBS 5,011,459 — 5,011,459 — — Total available-for-sale securities 7,846,335 — 7,846,335 — — Derivative assets: Interest-rate related 175,611 — 48,802 — 126,809 Mortgage delivery commitments 34 — 34 — — Total derivative assets 175,645 — 48,836 — 126,809 TOTAL RECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 10,797,798 $ — $ 10,670,989 $ — $ 126,809 Recurring fair value measurements - Liabilities: Derivative liabilities: Interest-rate related $ 554 $ — $ 324,163 $ — $ (323,609) Mortgage delivery commitments 1,940 — 1,940 — — Total derivative liabilities 2,494 — 326,103 — (323,609) TOTAL RECURRING FAIR VALUE MEASUREMENTS - LIABILITIES $ 2,494 $ — $ 326,103 $ — $ (323,609) Nonrecurring fair value measurements - Assets 2 : Impaired mortgage loans $ 2,974 $ — $ — $ 2,974 $ — TOTAL NONRECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 2,974 $ — $ — $ 2,974 $ — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty. 2 Includes assets adjusted to fair value during the three months ended March 31, 2022 and still outstanding as of March 31, 2022. Table 12.4 12/31/2021 Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Recurring fair value measurements - Assets: Trading securities: Certificates of deposit $ 200,023 $ — $ 200,023 $ — $ — U.S. Treasury obligations 917,472 — 917,472 — — GSE debentures 415,918 — 415,918 — — GSE MBS 806,542 — 806,542 — — Total trading securities 2,339,955 — 2,339,955 — — Available-for-sale securities: U.S. Treasury obligations 2,816,437 — 2,816,437 — — U.S. obligation MBS 50,767 — 50,767 — — GSE MBS 4,851,981 — 4,851,981 — — Total available-for-sale securities 7,719,185 — 7,719,185 — — Derivative assets: Interest-rate related 156,894 — 17,018 — 139,876 Mortgage delivery commitments 32 — 32 — — Total derivative assets 156,926 — 17,050 — 139,876 TOTAL RECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 10,216,066 $ — $ 10,076,190 $ — $ 139,876 Recurring fair value measurements - Liabilities: Derivative liabilities: Interest-rate related $ 4,535 $ — $ 181,265 $ — $ (176,730) Mortgage delivery commitments 45 — 45 — — Total derivative liabilities 4,580 — 181,310 — (176,730) TOTAL RECURRING FAIR VALUE MEASUREMENTS - LIABILITIES $ 4,580 $ — $ 181,310 $ — $ (176,730) Nonrecurring fair value measurements - Assets 2 : Impaired mortgage loans $ 4,510 $ — $ — $ 4,510 $ — Real estate owned 52 — — 52 — TOTAL NONRECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 4,562 $ — $ — $ 4,562 $ — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty. 2 Includes assets adjusted to fair value during the year ended December 31, 2021 and still outstanding as of December 31, 2021.

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES Joint and Several Liability: As provided in the Federal Home Loan Bank Act of 1932, as amended or in FHFA regulations, consolidated obligations are backed only by the financial resources of the FHLBanks. FHLBank Topeka is jointly and severally liable with the other FHLBanks for the payment of principal and interest on all of the consolidated obligations issued by the FHLBanks. The par amounts for which FHLBank Topeka is jointly and severally liable were approximately $652,418,633,000 and $608,633,999,000 as of March 31, 2022 and December 31, 2021, respectively. Off-balance Sheet Commitments: As of March 31, 2022 and December 31, 2021, off-balance sheet commitments are presented in Table 13.1 (in thousands): Table 13.1 03/31/2022 12/31/2021 Notional Amount Expire Expire Total Expire Expire Total Standby letters of credit outstanding $ 4,835,558 $ 1,983 $ 4,837,541 $ 5,206,182 $ 1,983 $ 5,208,165 Advance commitments outstanding 32,901 3,905 36,806 21,001 3,905 24,906 Principal commitments for standby bond purchase agreements 102,980 667,715 770,695 — 727,200 727,200 Commitments to fund or purchase mortgage loans 129,831 — 129,831 72,025 — 72,025 Commitments to issue consolidated bonds, at par 395,000 — 395,000 635,000 — 635,000 Commitments to issue consolidated discount notes, at par 2,813,716 — 2,813,716 — — — Commitments to Extend Credit: FHLBank issues standby letters of credit on behalf of its members to support certain obligations of the members to third-party beneficiaries. These standby letters of credit are subject to the same collateralization and borrowing limits that are applicable to advances and are fully collateralized at the time of issuance with assets allowed by FHLBank’s Member Products Policy (MPP). Standby letters of credit may be offered to assist members and non-member housing associates in facilitating residential housing finance, community lending, and asset-liability management, and to provide liquidity. In particular, members often use standby letters of credit as collateral for deposits from federal and state government agencies. Standby letters of credit are executed for members for a fee. If FHLBank is required to make payment for a beneficiary's draw, the member either reimburses FHLBank for the amount drawn or, subject to FHLBank's discretion, the amount drawn may be converted into a collateralized advance to the member. However, standby letters of credit usually expire without being drawn upon. Outstanding standby letters of credit have original or extended expiration periods of up to 6 years. FHLBank's current outstanding standby letters of credit expire no later than 2023. Unearned fees as well as the value of the guarantees related to standby letters of credit are recorded in other liabilities and amounted to $1,103,000 and $1,336,000 as of March 31, 2022 and December 31, 2021, respectively. Advance commitments legally bind and unconditionally obligate FHLBank for additional advances up to 24 months in the future. Based upon management’s credit analysis of members and collateral requirements under the MPP, FHLBank does not expect to incur any credit losses on the outstanding letters of credit or advance commitments. Standby Bond-Purchase Agreements: FHLBank has entered into standby bond purchase agreements with state housing authorities whereby FHLBank, for a fee, agrees to purchase and hold the authorities’ bonds until the designated marketing agent can find a suitable investor or the housing authority repurchases the bond according to a schedule established by the standby agreement. Each standby agreement dictates the specific terms that would require FHLBank to purchase the bond and typically allows FHLBank to terminate the agreement upon the occurrence of a default event of the issuer. The bond purchase commitments entered into by FHLBank expire no later than 2025, though some are renewable at the option of FHLBank. As of March 31, 2022 and December 31, 2021, the total commitments for bond purchases included agreements with two in-district state housing authorities. FHLBank was not required to purchase any bonds under any agreements during the three months ended March 31, 2022 and 2021. Commitments to Purchase Mortgage Loans: These commitments that unconditionally obligate FHLBank to purchase mortgage loans from participating FHLBank Topeka members in the MPF Program are generally for periods not to exceed 60 calendar days. Certain commitments are recorded as derivatives at their fair values on the Statements of Condition. FHLBank recorded mortgage delivery commitment net derivative asset (liability) balances of $(1,906,000) and $(13,000) as of March 31, 2022 and December 31, 2021, respectively. Commitments to Issue Consolidated Obligations: FHLBank enters into commitments to issue consolidated obligation bonds and discount notes outstanding in the normal course of its business. Most settle within the shortest period possible and are considered regular way trades; however, certain commitments are recorded as derivatives at their fair values on the Statements of Condition.

Transactions With Stockholders

Transactions With Stockholders	3 Months Ended
	Mar. 31, 2022
Federal Home Loan Banks [Abstract]
Transactions With Stockholders	TRANSACTIONS WITH STOCKHOLDERS FHLBank is a cooperative whose members own most of the capital stock of FHLBank and generally receive dividends on their investments. In addition, certain former members that still have outstanding transactions are also required to maintain their investments in FHLBank capital stock until the transactions mature or are paid off. Nearly all outstanding advances are with current members, and the majority of outstanding mortgage loans held for portfolio were purchased from current or former members. FHLBank also maintains demand deposit accounts for members primarily to facilitate settlement activities that are directly related to advances and mortgage loan purchases. Transactions with members are entered into in the ordinary course of business. In instances where members also have officers or directors who are directors of FHLBank, transactions with those members are subject to the same eligibility and credit criteria, as well as the same terms and conditions, as other transactions with members. For financial reporting and disclosure purposes, FHLBank defines related parties as FHLBank directors’ financial institutions and members with capital stock investments in excess of 10 percent of FHLBank’s total regulatory capital stock outstanding, which includes mandatorily redeemable capital stock. Activity with Members that Exceed a 10 Percent Ownership in FHLBank Regulatory Capital Stock: Tables 14.1 and 14.2 present information on members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands). None of the officers or directors of this member currently serve on FHLBank’s board of directors. Table 14.1 03/31/2022 Member Name State Total Class A Stock Par Value Percent of Total Class A Total Class B Stock Par Value Percent of Total Class B Total Capital Stock Par Value Percent of Total Capital Stock MidFirst Bank OK $ 500 0.2 % $ 440,988 32.6 % $ 441,488 28.0 % TOTAL $ 500 0.2 % $ 440,988 32.6 % $ 441,488 28.0 % Table 14.2 12/31/2021 Member Name State Total Class A Stock Par Value Percent of Total Class A Total Class B Stock Par Value Percent of Total Class B Total Capital Stock Par Value Percent of Total Capital Stock MidFirst Bank OK $ 500 0.2 % $ 413,430 32.7 % $ 413,930 27.6 % TOTAL $ 500 0.2 % $ 413,430 32.7 % $ 413,930 27.6 % Advance and deposit balances with members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of March 31, 2022 and December 31, 2021 are summarized in Table 14.3 (dollar amounts in thousands). Table 14.3 03/31/2022 12/31/2021 03/31/2022 12/31/2021 Member Name Outstanding Advances Percent of Total Outstanding Advances Percent of Total Outstanding Deposits Percent of Total Outstanding Deposits Percent of Total MidFirst Bank $ 9,810,000 38.3 % $ 9,045,000 38.6 % $ 542 0.1 % $ 517 0.1 % TOTAL $ 9,810,000 38.3 % $ 9,045,000 38.6 % $ 542 0.1 % $ 517 0.1 % MidFirst Bank did not sell any mortgage loans into the MPF Program during the three months ended March 31, 2022 and 2021. Transactions with FHLBank Directors’ Financial Institutions: Table 14.4 presents information as of March 31, 2022 and December 31, 2021 for members that had an officer or director serving on FHLBank’s board of directors (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors. Capital stock listed is regulatory capital stock, which includes mandatorily redeemable capital stock. Table 14.4 03/31/2022 12/31/2021 Outstanding Amount Percent of Total Outstanding Amount Percent of Total Advances $ 171,563 0.7 % $ 180,099 0.8 % Deposits $ 12,650 1.4 % $ 15,613 1.6 % Class A Common Stock $ 5,285 2.4 % $ 4,655 2.0 % Class B Common Stock 16,216 1.2 17,056 1.3 TOTAL CAPITAL STOCK $ 21,501 1.4 % $ 21,711 1.4 % Table 14.5 presents mortgage loans acquired during the three months ended March 31, 2022 and 2021 for members that had an officer or director serving on FHLBank’s board of directors in 2022 or 2021 (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors. Table 14.5 Three Months Ended 03/31/2022 03/31/2021 Amount Percent of Total Amount Percent of Total Mortgage loans acquired $ 5,577 2.0 % $ 8,083 1.5 %

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation, Policy	Basis of Presentation: The accompanying interim financial statements of FHLBank are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and with the instruction provided by Article 10, Rule 10-01 of Regulation S-X. The financial statements contain all adjustments which are, in the opinion of management, necessary for a fair statement of FHLBank’s financial position, results of operations and cash flows for the interim periods presented. All such adjustments were of a normal recurring nature. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full fiscal year or any other interim period. FHLBank’s significant accounting policies and certain other disclosures are set forth in the notes to the audited financial statements for the year ended December 31, 2021. The interim financial statements presented herein should be read in conjunction with FHLBank’s audited financial statements and notes thereto, which are included in FHLBank’s annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 21, 2022 (annual report on Form 10-K). The notes to the interim financial statements highlight significant changes to the notes included in the annual report on Form 10-K.
Use Of Estimates, Policy	Use of Estimates : The preparation of financial statements under GAAP requires management to make estimates and assumptions as of the date of the financial statements in determining the reported amounts of assets, liabilities and estimated fair values and in determining the disclosure of any contingent assets or liabilities. Estimates and assumptions by management also affect the reported amounts of income and expense during the reporting period. The most significant of these estimates include the fair value of trading and available-for-sale securities and the fair value of derivatives. Many of the estimates and assumptions, including those used in financial models, are based on financial market conditions as of the date of the financial statements. Because of the volatility of the financial markets, as well as other factors that affect management estimates, actual results may vary from these estimates.
New Accounting Pronouncements, Policy	Troubled Debt Restructurings and Vintage Disclosures (Accounting Standards Update (ASU) 2022-02). In March 2022, the Financial Accounting Standards Board (FASB) issued amendments to eliminate the accounting guidance for troubled debt restructurings by creditors in Accounting Standards Codification (ASC) 310 for entities that have adopted ASU 2016-13, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The amended guidance requires that an entity apply the loan refinancing and restructuring guidance in ASC 310-20-35-9 through ASC 310-20-35-11 to determine whether a modification results in a new loan or a continuation of an existing loan. Additionally, the amendments require that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of ASC 326. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2022. Early adoption is permitted. FHLBank is evaluating this guidance and its effect on FHLBank’s financial condition, results of operations, cash flows, and disclosures. Fair Value Hedging – Portfolio Layer Method (ASU 2022-01). In March 2022, the FASB issued an amendment to clarify the application of the guidance in ASC 815 related to fair value hedging of interest rate risk for portfolios of financial assets. The ASU expands the scope and application of the portfolio layer method and provides guidance on the accounting for and disclosure of hedge basis adjustments. The guidance is effective for annual periods and interim periods within those annual periods beginning after December 15, 2022. Early adoption is permitted. FHLBank is evaluating this guidance and its effect on FHLBank’s financial condition, results of operations, cash flows, and disclosures. Reference Rate Reform (ASU 2021-01). In January 2021, the FASB issued an amendment that refines the scope of ASC 848 and clarifies the guidance issued to facilitate the effects of reference rate reform on financial reporting. The amendment permits entities to elect certain optional expedients and exceptions when accounting for derivative contracts and certain hedging relationships affected by changes in the interest rates used for discounting cash flows, computing variation margin settlements and calculating price alignment interest in connection with reference rate reform activities. During the fourth quarter of 2020, FHLBank elected applicable optional expedients specific to discounting transition on a retrospective basis. As a result of electing this expedient, discounting transition did not have a material effect on FHLBank's financial condition, results of operations, or cash flows. This guidance was effective immediately for FHLBank and was applied consistently with the optional expedient guidance under ASU 2020-04, described below. Facilitation of the Effects of Reference Rate Reform on Financial Reporting (ASU 2020-04) . In March 2020, the FASB issued temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying GAAP to transactions affected by reference rate reform if certain criteria are met. The transactions primarily include: (1) contract modifications; (2) hedging relationships; and (3) sale or transfer of debt securities classified as held-to-maturity. During the second quarter of 2021, FHLBank adopted a provision of ASU 2020-04 which allows a one-time election to sell, transfer, or both sell and transfer debt securities classified as held-to-maturity that reference a rate affected by reference rate reform and that were classified as held-to-maturity before January 1, 2020 by transferring LIBOR-indexed securities. See Note 3 – Investments for additional information related to this transfer. This guidance was effective immediately for FHLBank, and the amendments may be applied prospectively through December 31, 2022. FHLBank continues to evaluate the impact of the guidance and anticipates electing the applicable optional expedients as reference rate reform activities occur. The effect of this guidance and these activities on FHLBank's financial condition, results of operations, and cash flows is not estimable, as it depends on the nature of the transactions undertaken in response to reference rate reform and market conditions at the time of those transactions.
Credit Loss, Financial Instrument, Policy	Interest-Bearing Deposits, Securities Purchased under Agreements to Resell, and Federal Funds Sold: FHLBank invests in interest-bearing deposits, securities purchased under agreements to resell, and Federal funds sold to provide short-term liquidity. These investments are generally transacted with counterparties that have received a credit rating of triple-B or greater (investment grade) by a Nationally Recognized Statistical Rating Organization (NRSRO). These may differ from internal ratings of the investments, if applicable. As of March 31, 2022, approximately 34 percent of these overnight investments were with counterparties not rated by an NRSRO. All transactions with unrated counterparties are secured transactions. Federal funds sold are unsecured loans that are generally transacted on an overnight term. Federal Housing Finance Agency (FHFA) regulations include a limit on the amount of unsecured credit FHLBank may extend to a counterparty. As of March 31, 2022 and December 31, 2021, all investments in interest-bearing deposits and Federal funds sold were repaid or expected to be repaid according to the contractual terms. No allowance for credit losses was recorded for these assets as of March 31, 2022 and December 31, 2021. Carrying values of interest-bearing deposits and Federal funds sold exclude accrued interest receivable of $102,000 and $28,000, respectively, as of March 31, 2022, and $51,000 and $7,000, respectively, as of December 31, 2021. Securities purchased under agreements to resell are short-term and are structured such that they are evaluated regularly to determine if the market value of the underlying securities decreases below the market value required as collateral (i.e., subject to collateral maintenance provisions). Based upon the collateral held as security and collateral maintenance provisions with its counterparties, FHLBank determined that no allowance for credit losses was needed for its securities purchased under agreements to resell as of March 31, 2022 and December 31, 2021. The carrying value of securities purchased under agreements to resell excludes accrued interest receivable of $19,000 and $3,000 as of March 31, 2022 and December 31, 2021, respectively. Allowance for Credit Losses on Available-for-Sale and Held-to-Maturity Securities: FHLBank evaluates available-for-sale and held-to-maturity investment securities for credit losses on a quarterly basis. As of March 31, 2022 and 2021, FHLBank did not recognize a provision for credit losses associated with available-for-sale investments or held-to-maturity investments. Although certain available-for-sale securities were in an unrealized loss position, these losses are considered temporary as FHLBank expects to recover the entire amortized cost basis on these available-for-sale investment securities. FHLBank neither intends to sell these securities nor considers it more likely than not that it will be required to sell these securities before its anticipated recovery of each security's remaining amortized cost basis. Allowance for Credit Losses: Conventional Mortgage Loans: Conventional loans are evaluated collectively when similar risk characteristics exist. Conventional loans that do not share risk characteristics with other pools are evaluated for expected credit losses on an individual basis. FHLBank determines its allowances for credit losses on conventional loans through analyses that include consideration of various loan portfolio and collateral-related characteristics, such as past performance, current conditions, and reasonable and supportable forecasts of expected economic conditions. FHLBank uses a model that projects cash flows to estimate expected credit losses over the life of the loans. This model relies on a number of inputs, such as both current and forecasted property values and interest rates as well as historical borrower behavior experience. FHLBank also incorporates associated credit enhancements, as available, to determine its estimate of expected credit losses. Certain conventional loans may be evaluated for credit losses using the practical expedient for collateral dependent assets. A mortgage loan is considered collateral dependent when the borrower is experiencing financial difficulty and repayment is expected to be substantially through the sale of the underlying collateral. FHLBank may estimate the fair value of this collateral by applying an appropriate loss severity rate or using third party estimates or property valuation model(s). The expected credit loss of a collateral dependent mortgage loan is equal to the difference between the amortized cost of the loan and the estimated fair value of the collateral, less estimated selling costs. FHLBank records a direct charge-off of the loan balance if certain triggering criteria are met. Expected recoveries of prior charge-offs, if any, are included in the allowance for credit losses. Government-Guaranteed or -Insured Mortgage Loans: FHLBank invests in fixed-rate mortgage loans that are insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, and/or the Department of Housing and Urban Development. The servicer provides and maintains insurance or a guarantee from the applicable government agency. The servicer is responsible for compliance with all government agency requirements and for obtaining the benefit of the applicable guarantee or insurance with respect to defaulted government-guaranteed or -insured mortgage loans. Any losses on these loans that are not recovered from the issuer or the guarantor are absorbed by the servicer. Therefore, FHLBank only has credit risk for these loans if the servicer fails to pay for losses not covered by the guarantee or insurance, but in such instance, FHLBank would have recourse against the servicer for such failure. Based on FHLBank's assessment of its servicers and the collateral backing the loans, the risk of loss was immaterial; consequently, no allowance for credit losses for government-guaranteed or -insured mortgage loans was recorded as of March 31, 2022 and December 31, 2021. Furthermore, none of these mortgage loans has been placed on nonaccrual status because of the U.S. government guarantee or insurance on these loans and the contractual obligation of the loan servicer to repurchase the loans when certain criteria are met.
Finance, Loan and Lease Receivables, Held-for-investment, Allowance and Nonperforming Loans, Nonperforming Loans Policy	Conventional Mortgage Loans: Conventional loans are evaluated collectively when similar risk characteristics exist. Conventional loans that do not share risk characteristics with other pools are evaluated for expected credit losses on an individual basis. FHLBank determines its allowances for credit losses on conventional loans through analyses that include consideration of various loan portfolio and collateral-related characteristics, such as past performance, current conditions, and reasonable and supportable forecasts of expected economic conditions. FHLBank uses a model that projects cash flows to estimate expected credit losses over the life of the loans. This model relies on a number of inputs, such as both current and forecasted property values and interest rates as well as historical borrower behavior experience. FHLBank also incorporates associated credit enhancements, as available, to determine its estimate of expected credit losses. Certain conventional loans may be evaluated for credit losses using the practical expedient for collateral dependent assets. A mortgage loan is considered collateral dependent when the borrower is experiencing financial difficulty and repayment is expected to be substantially through the sale of the underlying collateral. FHLBank may estimate the fair value of this collateral by applying an appropriate loss severity rate or using third party estimates or property valuation model(s). The expected credit loss of a collateral dependent mortgage loan is equal to the difference between the amortized cost of the loan and the estimated fair value of the collateral, less estimated selling costs. FHLBank records a direct charge-off of the loan balance if certain triggering criteria are met. Expected recoveries of prior charge-offs, if any, are included in the allowance for credit losses. Government-Guaranteed or -Insured Mortgage Loans: FHLBank invests in fixed-rate mortgage loans that are insured or guaranteed by the Federal Housing Administration, the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, and/or the Department of Housing and Urban Development. The servicer provides and maintains insurance or a guarantee from the applicable government agency. The servicer is responsible for compliance with all government agency requirements and for obtaining the benefit of the applicable guarantee or insurance with respect to defaulted government-guaranteed or -insured mortgage loans. Any losses on these loans that are not recovered from the issuer or the guarantor are absorbed by the servicer. Therefore, FHLBank only has credit risk for these loans if the servicer fails to pay for losses not covered by the guarantee or insurance, but in such instance, FHLBank would have recourse against the servicer for such failure. Based on FHLBank's assessment of its servicers and the collateral backing the loans, the risk of loss was immaterial; consequently, no allowance for credit losses for government-guaranteed or -insured mortgage loans was recorded as of March 31, 2022 and December 31, 2021. Furthermore, none of these mortgage loans has been placed on nonaccrual status because of the U.S. government guarantee or insurance on these loans and the contractual obligation of the loan servicer to repurchase the loans when certain criteria are met.
Derivatives, Offsetting Fair Value Amounts, Policy	FHLBank presents certain financial instruments, including derivatives, repurchase agreements and securities purchased under agreements to resell, on a net basis by clearing agent by Clearinghouse, or by counterparty, when it has met the netting requirements. For these financial instruments, FHLBank has elected to offset its asset and liability positions, as well as cash collateral received or pledged, including associated accrued interest. FHLBank has analyzed the enforceability of offsetting rights incorporated in its cleared derivative transactions and determined that the exercise of those offsetting rights by a non-defaulting party under these transactions should be upheld under applicable law upon an event of default including a bankruptcy, insolvency, or similar proceeding involving the Clearinghouse or clearing agent, or both. Based on this analysis, FHLBank presents a net derivative receivable or payable for all of its transactions through a particular clearing agent with a particular Clearinghouse.
Fair Value Transfer, Policy	FHLBank reviews its fair value hierarchy classifications on a quarterly basis. Changes in the observability of the valuation inputs may result in a reclassification of certain assets or liabilities.

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investment Holdings [Line Items]
Trading Securities by Major Security Type	Trading securities by major security type as of March 31, 2022 and December 31, 2021 are summarized in Table 3.1 (in thousands): Table 3.1 Fair Value 03/31/2022 12/31/2021 Non-mortgage-backed securities: Certificates of deposit $ 700,211 $ 200,023 U.S. Treasury obligations 905,038 917,472 GSE debentures 401,915 415,918 Non-mortgage-backed securities 2,007,164 1,533,413 Mortgage-backed securities: GSE MBS 768,654 806,542 Mortgage-backed securities 768,654 806,542 TOTAL $ 2,775,818 $ 2,339,955
Net Gains (Losses) on Trading Securities	Net gains (losses) on trading securities during the three months ended March 31, 2022 and 2021 are shown in Table 3.2 (in thousands): Table 3.2 Three Months Ended 03/31/2022 03/31/2021 Net gains (losses) on trading securities held as of March 31, 2022 $ (59,465) $ (23,663) Net gains (losses) on trading securities sold or matured prior to March 31, 2022 (23) (3,084) NET GAINS (LOSSES) ON TRADING SECURITIES $ (59,488) $ (26,747)
Available-for-sale Securities by Major Security Type	Available-for-sale securities by major security type as of March 31, 2022 are summarized in Table 3.3 (in thousands). Amortized cost includes adjustments made to the cost basis of an investment for accretion, amortization, and fair value hedge accounting adjustments, and excludes accrued interest receivable of $16,340,000 as of March 31, 2022. Table 3.3 03/31/2022 Amortized Gross Gross Fair Non-mortgage-backed securities: U.S. Treasury obligations $ 2,794,109 $ 1,922 $ (7,972) $ 2,788,059 Non-mortgage-backed securities 2,794,109 1,922 (7,972) 2,788,059 Mortgage-backed securities: U.S. obligation MBS 46,763 78 (24) 46,817 GSE MBS 4,972,001 62,067 (22,609) 5,011,459 Mortgage-backed securities 5,018,764 62,145 (22,633) 5,058,276 TOTAL $ 7,812,873 $ 64,067 $ (30,605) $ 7,846,335 Available-for-sale securities by major security type as of December 31, 2021 are summarized in Table 3.4 (in thousands). Amortized cost includes adjustments made to the cost basis of an investment for accretion, amortization, and fair value hedge accounting adjustments, and excludes accrued interest receivable of $19,457,000 as of December 31, 2021. Table 3.4 12/31/2021 Amortized Gross Gross Fair Non-mortgage-backed securities: U.S. Treasury obligations $ 2,814,519 $ 3,377 $ (1,459) $ 2,816,437 Non-mortgage-backed securities 2,814,519 3,377 (1,459) 2,816,437 Mortgage-backed securities: U.S. obligation MBS 50,512 261 (6) 50,767 GSE MBS 4,779,465 78,246 (5,730) 4,851,981 Mortgage-backed securities 4,829,977 78,507 (5,736) 4,902,748 TOTAL $ 7,644,496 $ 81,884 $ (7,195) $ 7,719,185
Available-for-sale securities with unrealized losses, fair value	Table 3.5 summarizes the available-for-sale securities with unrealized losses as of March 31, 2022 (in thousands). The unrealized losses are aggregated by major security type and length of time that individual securities have been in a continuous unrealized loss position. Table 3.5 03/31/2022 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Non-mortgage-backed securities: U.S. Treasury obligations $ 1,277,798 $ (7,972) $ — $ — $ 1,277,798 $ (7,972) Non-mortgage-backed securities 1,277,798 (7,972) — — 1,277,798 (7,972) Mortgage-backed securities: U.S. obligation MBS 3,654 (9) 5,808 (15) 9,462 (24) GSE MBS 1,275,723 (20,642) 717,035 (1,967) 1,992,758 (22,609) Mortgage-backed securities 1,279,377 (20,651) 722,843 (1,982) 2,002,220 (22,633) TOTAL $ 2,557,175 $ (28,623) $ 722,843 $ (1,982) $ 3,280,018 $ (30,605) Table 3.6 summarizes the available-for-sale securities with unrealized losses as of December 31, 2021 (in thousands). The unrealized losses are aggregated by major security type and length of time that individual securities have been in a continuous unrealized loss position. Table 3.6 12/31/2021 Less Than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Non-mortgage-backed securities: U.S. Treasury obligations $ 786,606 $ (1,459) $ — $ — $ 786,606 $ (1,459) Non-mortgage-backed securities 786,606 (1,459) — — 786,606 (1,459) Mortgage-backed securities: U.S. obligation MBS — — 6,191 (6) 6,191 (6) GSE MBS 331,546 (4,166) 740,451 (1,564) 1,071,997 (5,730) Mortgage-backed securities 331,546 (4,166) 746,642 (1,570) 1,078,188 (5,736) TOTAL $ 1,118,152 $ (5,625) $ 746,642 $ (1,570) $ 1,864,794 $ (7,195)
Held-To-Maturity Securities by Major Security Type	Held-to-maturity securities by major security type as of March 31, 2022 are summarized in Table 3.8 (in thousands). Carrying value equals amortized cost, which includes adjustments made to the cost basis of an investment for accretion and amortization, and excludes accrued interest receivable of $283,000 as of March 31, 2022. Table 3.8 03/31/2022 Amortized Gross Gross Fair Non-mortgage-backed securities: State or local housing agency obligations $ 74,865 $ — $ (1,185) $ 73,680 Non-mortgage-backed securities 74,865 — (1,185) 73,680 Mortgage-backed securities: GSE MBS 346,718 4,643 (1,346) 350,015 Mortgage-backed securities 346,718 4,643 (1,346) 350,015 TOTAL $ 421,583 $ 4,643 $ (2,531) $ 423,695 Held-to-maturity securities by major security type as of December 31, 2021 are summarized in Table 3.9 (in thousands). Carrying value equals amortized cost, which includes adjustments made to the cost basis of an investment for accretion and amortization, and excludes accrued interest receivable of $224,000 as of December 31, 2021. Table 3.9 12/31/2021 Amortized Gross Gross Fair Non-mortgage-backed securities: State or local housing agency obligations $ 74,865 $ — $ (1,250) $ 73,615 Non-mortgage-backed securities 74,865 — (1,250) 73,615 Mortgage-backed securities: GSE MBS 371,320 5,913 (77) 377,156 Mortgage-backed securities 371,320 5,913 (77) 377,156 TOTAL $ 446,185 $ 5,913 $ (1,327) $ 450,771
Available-for-sale Securities [Member]
Investment Holdings [Line Items]
Securities Classified By Contractual Maturity	The amortized cost and fair values of available-for-sale securities by contractual maturity as of March 31, 2022 and December 31, 2021 are shown in Table 3.7 (in thousands). Expected maturities of MBS will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment fees. Table 3.7 03/31/2022 12/31/2021 Amortized Fair Amortized Fair Non-mortgage-backed securities: Due in one year or less $ 1,200,885 $ 1,201,645 $ 907,110 $ 907,908 Due after one year through five years 1,360,753 1,354,151 1,660,664 1,661,260 Due after five years through ten years 232,471 232,263 246,745 247,269 Due after ten years — — — — Non-mortgage-backed securities 2,794,109 2,788,059 2,814,519 2,816,437 Mortgage-backed securities 5,018,764 5,058,276 4,829,977 4,902,748 TOTAL $ 7,812,873 $ 7,846,335 $ 7,644,496 $ 7,719,185
Held-to-maturity Securities [Member]
Investment Holdings [Line Items]
Securities Classified By Contractual Maturity	The amortized cost and fair values of held-to-maturity securities by contractual maturity as of March 31, 2022 and December 31, 2021 are shown in Table 3.10 (in thousands). Expected maturities of certain securities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment fees. Table 3.10 03/31/2022 12/31/2021 Amortized Fair Amortized Fair Non-mortgage-backed securities: Due in one year or less $ — $ — $ — $ — Due after one year through five years — — — — Due after five years through ten years 44,865 44,745 44,865 44,736 Due after ten years 30,000 28,935 30,000 28,879 Non-mortgage-backed securities 74,865 73,680 74,865 73,615 Mortgage-backed securities 346,718 350,015 371,320 377,156 TOTAL $ 421,583 $ 423,695 $ 446,185 $ 450,771

Advances (Tables)

Advances (Tables)	3 Months Ended
	Mar. 31, 2022
Advances [Abstract]
Advances Table	Table 4.1 presents advances summarized by redemption term as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands). The redemption term represents the period in which principal amounts are contractually due. Carrying amounts exclude accrued interest receivable of $14,701,000 and $13,140,000 as of March 31, 2022 and December 31, 2021, respectively. Table 4.1 03/31/2022 12/31/2021 Redemption Term Amount Weighted Average Interest Rate Amount Weighted Average Interest Rate Due in one year or less $ 15,252,784 0.52 % $ 13,279,735 0.34 % Due after one year through two years 1,972,740 1.40 1,825,235 1.31 Due after two years through three years 2,602,736 1.11 2,359,249 0.98 Due after three years through four years 1,356,634 1.31 1,511,691 1.18 Due after four years through five years 1,290,236 1.16 1,314,949 1.09 Thereafter 3,165,725 1.92 3,141,969 1.76 Total par value 25,640,855 0.90 % 23,432,828 0.77 % Discounts (15,741) (16,856) Hedging adjustments (137,538) 68,316 TOTAL $ 25,487,576 $ 23,484,288 Table 4.2 presents advances summarized by redemption term or next call date (for callable advances) and by redemption term or next conversion date (for convertible advances) as of March 31, 2022 and December 31, 2021 (in thousands): Table 4.2 Redemption Term Redemption Term Redemption Term 03/31/2022 12/31/2021 03/31/2022 12/31/2021 Due in one year or less $ 16,430,851 $ 14,582,991 $ 16,337,284 $ 14,324,735 Due after one year through two years 1,693,216 1,552,690 2,107,990 2,034,485 Due after two years through three years 2,015,557 1,821,308 2,693,136 2,452,148 Due after three years through four years 1,307,354 1,280,597 1,352,284 1,507,341 Due after four years through five years 1,282,347 1,308,086 1,290,236 1,314,949 Thereafter 2,911,530 2,887,156 1,859,925 1,799,170 TOTAL PAR VALUE $ 25,640,855 $ 23,432,828 $ 25,640,855 $ 23,432,828 Interest Rate Payment Terms : Table 4.3 details additional interest rate payment and redemption terms for advances as of March 31, 2022 and December 31, 2021 (in thousands): Table 4.3 Redemption Term 03/31/2022 12/31/2021 Fixed rate: Due in one year or less $ 14,943,734 $ 13,061,185 Due after one year through three years 2,740,376 2,593,884 Due after three years through five years 1,799,305 1,871,575 Due after five years through fifteen years 2,776,402 2,752,551 Due after fifteen years 38,776 37,371 Total fixed rate 22,298,593 20,316,566 Variable rate: Due in one year or less 309,050 218,550 Due after one year through three years 1,835,100 1,590,600 Due after three years through five years 847,565 955,065 Due after five years through fifteen years 348,047 349,547 Due after fifteen years 2,500 2,500 Total variable rate 3,342,262 3,116,262 TOTAL PAR VALUE $ 25,640,855 $ 23,432,828

Mortgage Loans (Tables)

Mortgage Loans (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Mortgage Loans Held For Portfolio	Table 5.1 presents information as of March 31, 2022 and December 31, 2021 on mortgage loans held for portfolio (in thousands). Carrying amounts exclude accrued interest receivable of $36,717,000 and $36,959,000 as of March 31, 2022 and December 31, 2021, respectively. Table 5.1 03/31/2022 12/31/2021 Real estate: Fixed rate, medium-term 1 , single-family mortgages $ 1,324,691 $ 1,375,318 Fixed rate, long-term, single-family mortgages 6,608,373 6,664,654 Total unpaid principal balance 7,933,064 8,039,972 Premiums 104,101 107,697 Discounts (1,361) (1,371) Deferred loan costs, net 64 76 Hedging adjustments (8,881) (6,011) Total before allowance for credit losses on mortgage loans 8,026,987 8,140,363 Allowance for credit losses on mortgage loans (5,038) (5,317) MORTGAGE LOANS HELD FOR PORTFOLIO, NET $ 8,021,949 $ 8,135,046 1 Medium-term defined as a term of 15 years or less at origination. Table 5.2 presents information as of March 31, 2022 and December 31, 2021 on the outstanding unpaid principal balance of mortgage loans held for portfolio (in thousands): Table 5.2 03/31/2022 12/31/2021 Conventional loans $ 7,557,502 $ 7,644,184 Government-guaranteed or -insured loans 375,562 395,788 TOTAL UNPAID PRINCIPAL BALANCE $ 7,933,064 $ 8,039,972
Financing Receivable Credit Quality Indicators	Table 5.3 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of March 31, 2022 (dollar amounts in thousands): Table 5.3 03/31/2022 Conventional Loans Government Total Origination Year Subtotal Prior to 2018 2018 2019 2020 2021 2022 Amortized Cost: 1 Past due 30-59 days delinquent $ 21,713 $ 6,087 $ 7,303 $ 5,559 $ 4,533 $ — $ 45,195 $ 8,095 $ 53,290 Past due 60-89 days delinquent 5,616 1,376 2,839 1,217 448 — 11,496 2,887 14,383 Past due 90 days or more delinquent 8,749 6,418 10,704 — 646 — 26,517 9,348 35,865 Total past due 36,078 13,881 20,846 6,776 5,627 — 83,208 20,330 103,538 Total current loans 1,996,741 326,542 1,206,839 1,790,639 1,992,479 249,717 7,562,957 360,492 7,923,449 Total mortgage loans $ 2,032,819 $ 340,423 $ 1,227,685 $ 1,797,415 $ 1,998,106 $ 249,717 $ 7,646,165 $ 380,822 $ 8,026,987 Other delinquency statistics: In process of foreclosure 2 $ 4,604 $ 2,288 $ 6,892 Serious delinquency rate 3 0.4 % 2.5 % 0.5 % Past due 90 days or more and still accruing interest $ — $ 9,348 $ 9,348 Loans on nonaccrual status 4 $ 32,039 $ — $ 32,039 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $22,130,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans. Table 5.4 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of December 31, 2021 (dollar amounts in thousands): Table 5.4 12/31/2021 Conventional Loans Government Total Origination Year Subtotal Prior to 2017 2017 2018 2019 2020 2021 Amortized Cost: 1 Past due 30-59 days delinquent $ 17,460 $ 4,799 $ 6,567 $ 9,385 $ 3,472 $ 2,743 $ 44,426 $ 8,539 $ 52,965 Past due 60-89 days delinquent 2,908 1,258 1,653 2,408 1,063 — 9,290 2,187 11,477 Past due 90 days or more delinquent 8,530 3,271 6,241 13,199 353 1,103 32,697 13,290 45,987 Total past due 28,898 9,328 14,461 24,992 4,888 3,846 86,413 24,016 110,429 Total current loans 1,719,777 415,762 356,936 1,299,061 1,853,232 2,007,773 7,652,541 377,393 8,029,934 Total mortgage loans $ 1,748,675 $ 425,090 $ 371,397 $ 1,324,053 $ 1,858,120 $ 2,011,619 $ 7,738,954 $ 401,409 $ 8,140,363 Other delinquency statistics: In process of foreclosure 2 $ 3,065 $ 1,868 $ 4,933 Serious delinquency rate 3 0.4 % 3.3 % 0.6 % Past due 90 days or more and still accruing interest $ — $ 13,290 $ 13,290 Loans on nonaccrual status 4 $ 37,867 $ — $ 37,867 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $25,211,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.
Financing Receivable, Past Due	Table 5.3 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of March 31, 2022 (dollar amounts in thousands): Table 5.3 03/31/2022 Conventional Loans Government Total Origination Year Subtotal Prior to 2018 2018 2019 2020 2021 2022 Amortized Cost: 1 Past due 30-59 days delinquent $ 21,713 $ 6,087 $ 7,303 $ 5,559 $ 4,533 $ — $ 45,195 $ 8,095 $ 53,290 Past due 60-89 days delinquent 5,616 1,376 2,839 1,217 448 — 11,496 2,887 14,383 Past due 90 days or more delinquent 8,749 6,418 10,704 — 646 — 26,517 9,348 35,865 Total past due 36,078 13,881 20,846 6,776 5,627 — 83,208 20,330 103,538 Total current loans 1,996,741 326,542 1,206,839 1,790,639 1,992,479 249,717 7,562,957 360,492 7,923,449 Total mortgage loans $ 2,032,819 $ 340,423 $ 1,227,685 $ 1,797,415 $ 1,998,106 $ 249,717 $ 7,646,165 $ 380,822 $ 8,026,987 Other delinquency statistics: In process of foreclosure 2 $ 4,604 $ 2,288 $ 6,892 Serious delinquency rate 3 0.4 % 2.5 % 0.5 % Past due 90 days or more and still accruing interest $ — $ 9,348 $ 9,348 Loans on nonaccrual status 4 $ 32,039 $ — $ 32,039 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $22,130,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans. Table 5.4 presents the payment status based on amortized cost as well as other delinquency statistics for FHLBank’s mortgage loans as of December 31, 2021 (dollar amounts in thousands): Table 5.4 12/31/2021 Conventional Loans Government Total Origination Year Subtotal Prior to 2017 2017 2018 2019 2020 2021 Amortized Cost: 1 Past due 30-59 days delinquent $ 17,460 $ 4,799 $ 6,567 $ 9,385 $ 3,472 $ 2,743 $ 44,426 $ 8,539 $ 52,965 Past due 60-89 days delinquent 2,908 1,258 1,653 2,408 1,063 — 9,290 2,187 11,477 Past due 90 days or more delinquent 8,530 3,271 6,241 13,199 353 1,103 32,697 13,290 45,987 Total past due 28,898 9,328 14,461 24,992 4,888 3,846 86,413 24,016 110,429 Total current loans 1,719,777 415,762 356,936 1,299,061 1,853,232 2,007,773 7,652,541 377,393 8,029,934 Total mortgage loans $ 1,748,675 $ 425,090 $ 371,397 $ 1,324,053 $ 1,858,120 $ 2,011,619 $ 7,738,954 $ 401,409 $ 8,140,363 Other delinquency statistics: In process of foreclosure 2 $ 3,065 $ 1,868 $ 4,933 Serious delinquency rate 3 0.4 % 3.3 % 0.6 % Past due 90 days or more and still accruing interest $ — $ 13,290 $ 13,290 Loans on nonaccrual status 4 $ 37,867 $ — $ 37,867 1 Excludes accrued interest receivable. 2 Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status. 3 Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class. 4 Includes $25,211,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.
Financing Receivable, Allowance for Credit Loss	Table 5.5 presents a roll-forward of the allowance for credit losses on mortgage loans for the three months ended March 31, 2022 and 2021. Table 5.5 Three Months Ended Conventional Loans 03/31/2022 03/31/2021 Balance, beginning of the period $ 5,317 $ 5,177 Net (charge-offs) recoveries 28 (207) Provision (reversal) for credit losses (307) (14) Balance, end of the period $ 5,038 $ 4,956

Derivatives And Hedging Activ_2

Derivatives And Hedging Activities (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value of Derivative Instruments	Table 6.1 presents outstanding notional amounts and fair values of the derivatives outstanding by type of derivative and by hedge designation as of March 31, 2022 and December 31, 2021 (in thousands). Total derivative assets and liabilities include the effect of netting adjustments and cash collateral. Table 6.1 03/31/2022 12/31/2021 Notional Derivative Derivative Notional Derivative Derivative Derivatives designated as hedging instruments: Interest rate swaps $ 23,432,796 $ 41,172 $ 323,629 $ 18,695,438 $ 16,678 $ 152,302 Total derivatives designated as hedging relationships 23,432,796 41,172 323,629 18,695,438 16,678 152,302 Derivatives not designated as hedging instruments: Interest rate swaps 2,070,945 6,354 534 2,079,830 5 28,963 Interest rate caps/floors 354,000 1,276 — 477,500 335 — Mortgage delivery commitments 129,831 34 1,940 72,025 32 45 Total derivatives not designated as hedging instruments 2,554,776 7,664 2,474 2,629,355 372 29,008 TOTAL $ 25,987,572 48,836 326,103 $ 21,324,793 17,050 181,310 Netting adjustments and cash collateral 1 126,809 (323,609) 139,876 (176,730) DERIVATIVE ASSETS AND LIABILITIES $ 175,645 $ 2,494 $ 156,926 $ 4,580 1 Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
Net Gains or Losses on Derivatives and Hedging Activities	For the three months ended March 31, 2022 and 2021, FHLBank recorded net gains (losses) on derivatives and the related hedged items in fair value hedging relationships and the impact of those derivatives on FHLBank’s net interest income as presented in Table 6.2 (in thousands): Table 6.2 Three Months Ended 03/31/2022 Interest Income/Expense Advances Available-for-sale Securities Consolidated Obligation Discount Notes Consolidated Obligation Bonds Total amounts presented in the Statements of Income $ 37,881 $ 14,784 $ 2,036 $ 36,556 Gains (losses) on fair value hedging relationships: Interest rate contracts: Derivatives 1 $ 193,430 $ 215,804 $ (606) $ (255,563) Hedged items 2 (207,166) (235,685) 1,230 273,563 NET GAINS (LOSSES) ON FAIR VALUE HEDGING RELATIONSHIPS $ (13,736) $ (19,881) $ 624 $ 18,000 Three Months Ended 03/31/2021 Interest Income/Expense Advances Available-for-sale Securities Consolidated Obligation Discount Notes Consolidated Obligation Bonds Total amounts presented in the Statements of Income $ 35,443 $ 11,477 $ 1,998 $ 46,515 Gains (losses) on fair value hedging relationships: Interest rate contracts: Derivatives 1 $ 116,674 $ 124,675 $ 13 $ (21,293) Hedged items 2 (131,314) (148,040) (4) 28,620 NET GAINS (LOSSES) ON FAIR VALUE HEDGING RELATIONSHIPS $ (14,640) $ (23,365) $ 9 $ 7,327 1 Includes net interest settlements in interest income/expense. 2 Includes amortization/accretion on closed fair value relationships in interest income.
Cumulative Basis Adjustments for Fair Value Hedges	Table 6.3 presents the cumulative basis adjustments on hedged items designated as fair value hedges and the related amortized cost of the hedged items as of March 31, 2022 and December 31, 2021 (in thousands): Table 6.3 03/31/2022 Line Item in Statements of Condition of Hedged Item Carrying Value of Hedged Asset/(Liability) 1 Basis Adjustments for Active Hedging Relationships 2 Basis Adjustments for Discontinued Hedging Relationships 2 Cumulative Amount of Fair Value Hedging Basis Adjustments 2 Advances $ 6,479,371 $ (148,239) $ 10,701 $ (137,538) Available-for-sale securities 5,558,283 (136,497) — (136,497) Consolidated obligation discount notes (697,523) 1,230 — 1,230 Consolidated obligation bonds (10,084,063) 314,077 — 314,077 12/31/2021 Line Item in Statements of Condition of Hedged Item Carrying Value of Hedged Asset/(Liability) 1 Basis Adjustments for Active Hedging Relationships 2 Basis Adjustments for Discontinued Hedging Relationships 2 Cumulative Amount of Fair Value Hedging Basis Adjustments 2 Advances $ 6,268,057 $ 57,055 $ 11,261 $ 68,316 Available-for-sale securities 5,785,963 100,372 — 100,372 Consolidated obligation bonds (6,754,140) 40,514 — 40,514 1 Includes only the portion of carrying value representing the hedged items in fair value hedging relationships. For available-for-sale securities, amortized cost is considered to be carrying value (i.e., the fair value adjustment recorded in AOCI is excluded). 2 Included in amortized cost of the hedged asset/liability.
Net Gains or Losses on Derivatives Not Designated as Hedging Instruments	Table 6.4 provides information regarding net gains (losses) on derivatives recorded in non-interest income (in thousands). Table 6.4 Three Months Ended 03/31/2022 03/31/2021 Derivatives not designated as hedging instruments: Economic hedges: Interest rate swaps $ 60,931 $ 34,451 Interest rate caps/floors 941 160 Net interest settlements (10,374) (12,841) Mortgage delivery commitments (4,935) (4,189) NET GAINS (LOSSES) ON DERIVATIVES $ 46,563 $ 17,581

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Mar. 31, 2022
Deposits [Abstract]
Deposits	Table 7.1 details the types of deposits held by FHLBank as of March 31, 2022 and December 31, 2021 (in thousands): Table 7.1 03/31/2022 12/31/2021 Interest-bearing: Demand $ 298,835 $ 317,911 Overnight 554,000 530,100 Term 5,750 2,750 Total interest-bearing 858,585 850,761 Non-interest-bearing: Other 78,106 95,446 Total non-interest-bearing 78,106 95,446 TOTAL DEPOSITS $ 936,691 $ 946,207

Consolidated Obligations (Table

Consolidated Obligations (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Consolidated Bonds Obligations Outstanding By Maturity	Table 8.1 presents FHLBank’s participation in consolidated obligation bonds outstanding as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands): Table 8.1 03/31/2022 12/31/2021 Year of Contractual Maturity Amount Weighted Amount Weighted Due in one year or less $ 21,828,700 0.26 % $ 21,821,300 0.13 % Due after one year through two years 2,836,400 1.03 2,582,600 1.02 Due after two years through three years 3,497,700 1.01 2,435,700 0.90 Due after three years through four years 2,190,000 0.85 1,927,100 0.86 Due after four years through five years 3,750,500 1.02 3,766,500 0.89 Thereafter 5,159,550 1.59 5,125,050 1.57 Total par value 39,262,850 0.66 % 37,658,250 0.55 % Premiums 26,015 27,470 Discounts (2,604) (2,720) Concession fees (11,463) (11,877) Hedging adjustments (314,077) (40,514) TOTAL $ 38,960,721 $ 37,630,609 Table 8.2 Year of Maturity or Next Call Date 03/31/2022 12/31/2021 Due in one year or less $ 34,337,200 $ 32,612,800 Due after one year through two years 2,109,400 2,224,600 Due after two years through three years 1,059,200 1,024,200 Due after three years through four years 599,000 565,100 Due after four years through five years 646,500 684,500 Thereafter 511,550 547,050 TOTAL PAR VALUE $ 39,262,850 $ 37,658,250
Consolidated Bonds by Interest-Rate Payment Type	Table 8.3 summarizes interest rate payment terms for consolidated obligation bonds as of March 31, 2022 and December 31, 2021 (in thousands): Table 8.3 03/31/2022 12/31/2021 Fixed rate $ 18,918,850 $ 20,957,250 Simple variable rate 18,737,000 15,752,000 Step 1,607,000 949,000 TOTAL PAR VALUE $ 39,262,850 $ 37,658,250
Consolidated Discount Notes Outstanding	Table 8.4 summarizes FHLBank’s participation in consolidated obligation discount notes, all of which are due within one year (dollar amounts in thousands): Table 8.4 Carrying Value Par Value Weighted Average Interest Rate 1 March 31, 2022 $ 7,843,651 $ 7,848,461 0.28 % December 31, 2021 $ 6,568,989 $ 6,569,580 0.04 % 1 Represents yield to maturity excluding concession fees.

Assets and Liabilities Subjec_2

Assets and Liabilities Subject to Offsetting (Tables)	3 Months Ended
	Mar. 31, 2022
Offsetting [Abstract]
Schedule of Offsetting Assets	Tables 9.1 and 9.2 present the fair value of financial assets, including the related collateral received from or pledged to clearing agents or counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of March 31, 2022 and December 31, 2021 (in thousands): Table 9.1 03/31/2022 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative assets: Uncleared derivatives $ 47,555 $ (43,513) $ 4,042 $ (34) $ 4,008 Cleared derivatives 1,281 170,322 171,603 — 171,603 Total derivative assets 48,836 126,809 175,645 (34) 175,611 Securities purchased under agreements to resell 2,100,000 — 2,100,000 (2,100,000) — TOTAL $ 2,148,836 $ 126,809 $ 2,275,645 $ (2,100,034) $ 175,611 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments). Table 9.2 12/31/2021 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative assets: Uncleared derivatives $ 16,855 $ (16,522) $ 333 $ (32) $ 301 Cleared derivatives 195 156,398 156,593 — 156,593 Total derivative assets 17,050 139,876 156,926 (32) 156,894 Securities purchased under agreements to resell 1,500,000 — 1,500,000 (1,500,000) — TOTAL $ 1,517,050 $ 139,876 $ 1,656,926 $ (1,500,032) $ 156,894 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).
Schedule of Offsetting Liabilities	Tables 9.3 and 9.4 present the fair value of financial liabilities, including the related collateral received from or pledged to counterparties, based on the terms of FHLBank’s master netting arrangements or similar agreements as of March 31, 2022 and December 31, 2021 (in thousands): Table 9.3 03/31/2022 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative liabilities: Uncleared derivatives $ 318,054 $ (315,560) $ 2,494 $ (1,940) $ 554 Cleared derivatives 8,049 (8,049) — — — Total derivative liabilities 326,103 (323,609) 2,494 (1,940) 554 TOTAL $ 326,103 $ (323,609) $ 2,494 $ (1,940) $ 554 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments). Table 9.4 12/31/2021 Description Gross Amounts Gross Amounts Net Amounts Gross Amounts Not Offset in the Statement of Condition 1 Net Derivative liabilities: Uncleared derivatives $ 179,338 $ (174,758) $ 4,580 $ (45) $ 4,535 Cleared derivatives 1,972 (1,972) — — — Total derivative liabilities 181,310 (176,730) 4,580 (45) 4,535 TOTAL $ 181,310 $ (176,730) $ 4,580 $ (45) $ 4,535 1 Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).

Capital (Tables)

Capital (Tables)	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Regulatory Capital Requirements	Table 10.1 illustrates that FHLBank was in compliance with its regulatory capital requirements as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands): Table 10.1 03/31/2022 12/31/2021 Required Actual Required Actual Regulatory capital requirements: Risk-based capital $ 489,854 $ 2,526,508 $ 363,108 $ 2,407,762 Total regulatory capital-to-asset ratio 4.0 % 5.4 % 4.0 % 5.5 % Total regulatory capital $ 2,029,708 $ 2,747,289 $ 1,920,850 $ 2,642,533 Leverage capital ratio 5.0 % 7.9 % 5.0 % 8.0 % Leverage capital $ 2,537,135 $ 4,010,543 $ 2,401,062 $ 3,846,414
Mandatorily Redeemable Capital Stock Rollforward	Table 10.2 presents a roll-forward of mandatorily redeemable capital stock for the three months ended March 31, 2022 and 2021 (in thousands): Table 10.2 Three Months Ended 03/31/2022 03/31/2021 Balance, beginning of period $ 582 $ 1,624 Capital stock subject to mandatory redemption reclassified from equity during the period 163,047 358,243 Redemption or repurchase of mandatorily redeemable capital stock during the period (163,070) (358,290) Stock dividend classified as mandatorily redeemable capital stock during the period — 8 Balance, end of period $ 559 $ 1,585

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income Or Loss	Table 11.1 summarizes the changes in AOCI for the three months ended March 31, 2022 and 2021 (in thousands): Table 11.1 Three Months Ended Net Unrealized Gains (Losses) on Available-for-sale Securities Defined Benefit Pension Plan Total AOCI Balance at December 31, 2020 $ 45,196 $ (2,888) $ 42,308 Other comprehensive income (loss) before reclassification: Unrealized gains (losses) 29,234 29,234 Reclassifications from other comprehensive income (loss) to net income: Amortization of net losses - defined benefit pension plan 1 72 72 Net current period other comprehensive income (loss) 29,234 72 29,306 Balance at March 31, 2021 $ 74,430 $ (2,816) $ 71,614 Balance at December 31, 2021 $ 74,689 $ (2,374) $ 72,315 Other comprehensive income (loss) before reclassification: Unrealized gains (losses) (41,227) (41,227) Reclassifications from other comprehensive income (loss) to net income: Amortization of net losses - defined benefit pension plan 1 62 62 Net current period other comprehensive income (loss) (41,227) 62 (41,165) Balance at March 31, 2022 $ 33,462 $ (2,312) $ 31,150 1 Recorded in “Other” non-interest expense on the Statements of Income. Amount represents a debit (increase to other expenses).	[1]
[1]	Recorded in “Other” non-interest expense on the Statements of Income. Amount represents a debit (increase to other expenses).

Fair Values (Tables)

Fair Values (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Summary	The carrying value, fair value and fair value hierarchy of FHLBank’s financial assets and liabilities as of March 31, 2022 and December 31, 2021 are summarized in Tables 12.1 and 12.2 (in thousands): Table 12.1 03/31/2022 Carrying Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Assets: Cash and due from banks $ 29,264 $ 29,264 $ 29,264 $ — $ — $ — Interest-bearing deposits 624,145 624,145 — 624,145 — — Securities purchased under agreements to resell 2,100,000 2,100,000 — 2,100,000 — — Federal funds sold 3,100,000 3,100,000 — 3,100,000 — — Trading securities 2,775,818 2,775,818 — 2,775,818 — — Available-for-sale securities 7,846,335 7,846,335 — 7,846,335 — — Held-to-maturity securities 421,583 423,695 — 350,015 73,680 — Advances 25,487,576 25,489,324 — 25,489,324 — — Mortgage loans held for portfolio, net of allowance 8,021,949 7,494,067 — 7,491,143 2,924 — Accrued interest receivable 79,890 79,890 — 79,890 — — Derivative assets 175,645 175,645 — 48,836 — 126,809 Liabilities: Deposits 936,691 936,683 — 936,683 — — Consolidated obligation discount notes 7,843,651 7,843,233 — 7,843,233 — — Consolidated obligation bonds 38,960,721 38,413,389 — 38,413,389 — — Mandatorily redeemable capital stock 559 559 559 — — — Accrued interest payable 48,820 48,820 — 48,820 — — Derivative liabilities 2,494 2,494 — 326,103 — (323,609) Other Asset (Liability): Industrial revenue bonds 35,000 34,053 — 34,053 — — Financing obligation payable (35,000) (34,053) — (34,053) — — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral and related accrued interest held or placed with the same clearing agent or derivative counterparty. Table 12.2 12/31/2021 Carrying Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Assets: Cash and due from banks $ 25,841 $ 25,841 $ 25,841 $ — $ — $ — Interest-bearing deposits 693,249 693,249 — 693,249 — — Securities purchased under agreements to resell 1,500,000 1,500,000 — 1,500,000 — — Federal funds sold 3,360,000 3,360,000 — 3,360,000 — — Trading securities 2,339,955 2,339,955 — 2,339,955 — — Available-for-sale securities 7,719,185 7,719,185 — 7,719,185 — — Held-to-maturity securities 446,185 450,771 — 377,156 73,615 — Advances 23,484,288 23,567,860 — 23,567,860 — — Mortgage loans held for portfolio, net of allowance 8,135,046 8,064,657 — 8,060,200 4,457 — Accrued interest receivable 78,032 78,032 — 78,032 — — Derivative assets 156,926 156,926 — 17,050 — 139,876 Liabilities: Deposits 946,207 946,207 — 946,207 — — Consolidated obligation discount notes 6,568,989 6,568,645 — 6,568,645 — — Consolidated obligation bonds 37,630,609 37,565,481 — 37,565,481 — — Mandatorily redeemable capital stock 582 582 582 — — — Accrued interest payable 42,753 42,753 — 42,753 — — Derivative liabilities 4,580 4,580 — 181,310 — (176,730) Other Asset (Liability): Industrial revenue bonds 35,000 36,114 — 36,114 — — Financing obligation payable (35,000) (36,114) — (36,114) — — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral and related accrued interest held or placed with the same clearing agent or derivative counterparty.
Hierarchy Level for Financial Assets and Liabilities - Recurring and Nonrecurring	Tables 12.3 and 12.4 present, for each hierarchy level, FHLBank’s assets and liabilities that are measured at fair value on a recurring or nonrecurring basis on the Statements of Condition as of or for the periods ended March 31, 2022 and December 31, 2021 (in thousands). Table 12.3 03/31/2022 Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Recurring fair value measurements - Assets: Trading securities: Certificates of deposit $ 700,211 $ — $ 700,211 $ — $ — U.S. Treasury obligations 905,038 — 905,038 — — GSE debentures 401,915 — 401,915 — — GSE MBS 768,654 — 768,654 — — Total trading securities 2,775,818 — 2,775,818 — — Available-for-sale securities: U.S. Treasury obligations 2,788,059 — 2,788,059 — — U.S. obligation MBS 46,817 — 46,817 — — GSE MBS 5,011,459 — 5,011,459 — — Total available-for-sale securities 7,846,335 — 7,846,335 — — Derivative assets: Interest-rate related 175,611 — 48,802 — 126,809 Mortgage delivery commitments 34 — 34 — — Total derivative assets 175,645 — 48,836 — 126,809 TOTAL RECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 10,797,798 $ — $ 10,670,989 $ — $ 126,809 Recurring fair value measurements - Liabilities: Derivative liabilities: Interest-rate related $ 554 $ — $ 324,163 $ — $ (323,609) Mortgage delivery commitments 1,940 — 1,940 — — Total derivative liabilities 2,494 — 326,103 — (323,609) TOTAL RECURRING FAIR VALUE MEASUREMENTS - LIABILITIES $ 2,494 $ — $ 326,103 $ — $ (323,609) Nonrecurring fair value measurements - Assets 2 : Impaired mortgage loans $ 2,974 $ — $ — $ 2,974 $ — TOTAL NONRECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 2,974 $ — $ — $ 2,974 $ — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty. 2 Includes assets adjusted to fair value during the three months ended March 31, 2022 and still outstanding as of March 31, 2022. Table 12.4 12/31/2021 Total Level 1 Level 2 Level 3 Netting Adjustment and Cash Collateral 1 Recurring fair value measurements - Assets: Trading securities: Certificates of deposit $ 200,023 $ — $ 200,023 $ — $ — U.S. Treasury obligations 917,472 — 917,472 — — GSE debentures 415,918 — 415,918 — — GSE MBS 806,542 — 806,542 — — Total trading securities 2,339,955 — 2,339,955 — — Available-for-sale securities: U.S. Treasury obligations 2,816,437 — 2,816,437 — — U.S. obligation MBS 50,767 — 50,767 — — GSE MBS 4,851,981 — 4,851,981 — — Total available-for-sale securities 7,719,185 — 7,719,185 — — Derivative assets: Interest-rate related 156,894 — 17,018 — 139,876 Mortgage delivery commitments 32 — 32 — — Total derivative assets 156,926 — 17,050 — 139,876 TOTAL RECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 10,216,066 $ — $ 10,076,190 $ — $ 139,876 Recurring fair value measurements - Liabilities: Derivative liabilities: Interest-rate related $ 4,535 $ — $ 181,265 $ — $ (176,730) Mortgage delivery commitments 45 — 45 — — Total derivative liabilities 4,580 — 181,310 — (176,730) TOTAL RECURRING FAIR VALUE MEASUREMENTS - LIABILITIES $ 4,580 $ — $ 181,310 $ — $ (176,730) Nonrecurring fair value measurements - Assets 2 : Impaired mortgage loans $ 4,510 $ — $ — $ 4,510 $ — Real estate owned 52 — — 52 — TOTAL NONRECURRING FAIR VALUE MEASUREMENTS - ASSETS $ 4,562 $ — $ — $ 4,562 $ — 1 Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty. 2 Includes assets adjusted to fair value during the year ended December 31, 2021 and still outstanding as of December 31, 2021.

Commitments And Contingencies (

Commitments And Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Off Balance Sheet Commitments	As of March 31, 2022 and December 31, 2021, off-balance sheet commitments are presented in Table 13.1 (in thousands): Table 13.1 03/31/2022 12/31/2021 Notional Amount Expire Expire Total Expire Expire Total Standby letters of credit outstanding $ 4,835,558 $ 1,983 $ 4,837,541 $ 5,206,182 $ 1,983 $ 5,208,165 Advance commitments outstanding 32,901 3,905 36,806 21,001 3,905 24,906 Principal commitments for standby bond purchase agreements 102,980 667,715 770,695 — 727,200 727,200 Commitments to fund or purchase mortgage loans 129,831 — 129,831 72,025 — 72,025 Commitments to issue consolidated bonds, at par 395,000 — 395,000 635,000 — 635,000 Commitments to issue consolidated discount notes, at par 2,813,716 — 2,813,716 — — —

Transactions With Stockholders

Transactions With Stockholders (Tables)	3 Months Ended
	Mar. 31, 2022
Related Party Transactions, by Balance Sheet Grouping	Tables 14.1 and 14.2 present information on members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of March 31, 2022 and December 31, 2021 (dollar amounts in thousands). None of the officers or directors of this member currently serve on FHLBank’s board of directors. Table 14.1 03/31/2022 Member Name State Total Class A Stock Par Value Percent of Total Class A Total Class B Stock Par Value Percent of Total Class B Total Capital Stock Par Value Percent of Total Capital Stock MidFirst Bank OK $ 500 0.2 % $ 440,988 32.6 % $ 441,488 28.0 % TOTAL $ 500 0.2 % $ 440,988 32.6 % $ 441,488 28.0 % Table 14.2 12/31/2021 Member Name State Total Class A Stock Par Value Percent of Total Class A Total Class B Stock Par Value Percent of Total Class B Total Capital Stock Par Value Percent of Total Capital Stock MidFirst Bank OK $ 500 0.2 % $ 413,430 32.7 % $ 413,930 27.6 % TOTAL $ 500 0.2 % $ 413,430 32.7 % $ 413,930 27.6 % Advance and deposit balances with members that owned more than 10 percent of outstanding FHLBank regulatory capital stock as of March 31, 2022 and December 31, 2021 are summarized in Table 14.3 (dollar amounts in thousands). Table 14.3 03/31/2022 12/31/2021 03/31/2022 12/31/2021 Member Name Outstanding Advances Percent of Total Outstanding Advances Percent of Total Outstanding Deposits Percent of Total Outstanding Deposits Percent of Total MidFirst Bank $ 9,810,000 38.3 % $ 9,045,000 38.6 % $ 542 0.1 % $ 517 0.1 % TOTAL $ 9,810,000 38.3 % $ 9,045,000 38.6 % $ 542 0.1 % $ 517 0.1 %
Related Party Transactions, by Balance Sheet Grouping - Directors'	Table 14.4 presents information as of March 31, 2022 and December 31, 2021 for members that had an officer or director serving on FHLBank’s board of directors (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors. Capital stock listed is regulatory capital stock, which includes mandatorily redeemable capital stock. Table 14.4 03/31/2022 12/31/2021 Outstanding Amount Percent of Total Outstanding Amount Percent of Total Advances $ 171,563 0.7 % $ 180,099 0.8 % Deposits $ 12,650 1.4 % $ 15,613 1.6 % Class A Common Stock $ 5,285 2.4 % $ 4,655 2.0 % Class B Common Stock 16,216 1.2 17,056 1.3 TOTAL CAPITAL STOCK $ 21,501 1.4 % $ 21,711 1.4 %
Schedule Of Related Party Transactions, Mortgage Loans Disclosure	Table 14.5 presents mortgage loans acquired during the three months ended March 31, 2022 and 2021 for members that had an officer or director serving on FHLBank’s board of directors in 2022 or 2021 (dollar amounts in thousands). Information is only included for the period in which the officer or director served on FHLBank’s board of directors. Table 14.5 Three Months Ended 03/31/2022 03/31/2021 Amount Percent of Total Amount Percent of Total Mortgage loans acquired $ 5,577 2.0 % $ 8,083 1.5 %

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2021
Marketable Securities [Line Items]
Interest-Bearing Deposits, Securities Purchased Under Agreements to Resell, and Federal Funds Sold, Percentage Unrated	34.00%
Financing Receivable, Practical Expedient, Accrued Interest Exclusion [true false]	true
Securities Purchased under Agreements to Resell, Allowance for Credit Loss	$ 0			$ 0
Debt Securities, Held-to-maturity, Transfer to Available for Sale, Amount		$ 2,019,635
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Unrealized Gain (Loss)		$ 4,059
Debt Securities, Held-to-maturity, Credit Loss Expense (Reversal)	0		$ 0
Available-for-sale Securities [Member]
Marketable Securities [Line Items]
Provision for Other Credit Losses	0		$ 0
Interest-bearing Deposits and Federal Funds Sold [Member]
Marketable Securities [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0			0
Interest-bearing Deposits [Member]
Marketable Securities [Line Items]
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss	$ 102			51
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Federal Funds Sold [Member]
Marketable Securities [Line Items]
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss	$ 28			7
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Securities Borrowed or Purchased under Agreements to Resell [Member]
Marketable Securities [Line Items]
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss	$ 19			$ 3
Financial Asset, Amortized Cost, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable

Investment Securities Investmen

Investment Securities Investment Securities (Trading Securities by Major Security Type) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	$ 2,775,818	$ 2,339,955
Certificates of Deposit [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	700,211	200,023
U.S. Treasury obligations [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	905,038	917,472
GSE Debenture [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	401,915	415,918
Non-mortgage-backed securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	2,007,164	1,533,413
GSE MBS [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	768,654	806,542
Mortgage-backed securities [Member]
Debt and Equity Securities, FV-NI [Line Items]
Trading securities	$ 768,654	$ 806,542

Investment Securities (Net Gain

Investment Securities (Net Gains (Losses) on Trading Securities) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Net gains (losses) on trading securities held as of current period end	$ (59,465)	$ (23,663)
Net gains (losses) on trading securities sold or matured prior to current period end	(23)	(3,084)
NET GAINS (LOSSES) ON TRADING SECURITIES	$ (59,488)	$ (26,747)

Investment Securities (Availabl

Investment Securities (Available-For-Sale Securities by Major Security Type) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 16,340	$ 19,457
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Debt Securities, Available-for-Sale, Excluded Accrued Interest from Amortized Cost [true false]	true
Total, Amortized Cost	$ 7,812,873	7,644,496
Gross Unrecognized Gains	64,067	81,884
Gross Unrecognized Losses	(30,605)	(7,195)
Fair Value	7,846,335	7,719,185
U.S. Treasury obligations [Member]
Debt Securities, Available-for-sale [Line Items]
Total, Amortized Cost	2,794,109	2,814,519
Gross Unrecognized Gains	1,922	3,377
Gross Unrecognized Losses	(7,972)	(1,459)
Fair Value	2,788,059	2,816,437
Non-mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Total, Amortized Cost	2,794,109	2,814,519
Gross Unrecognized Gains	1,922	3,377
Gross Unrecognized Losses	(7,972)	(1,459)
Fair Value	2,788,059	2,816,437
U.S. obligation MBS [Member]
Debt Securities, Available-for-sale [Line Items]
Total, Amortized Cost	46,763	50,512
Gross Unrecognized Gains	78	261
Gross Unrecognized Losses	(24)	(6)
Fair Value	46,817	50,767
GSE MBS [Member]
Debt Securities, Available-for-sale [Line Items]
Total, Amortized Cost	4,972,001	4,779,465
Gross Unrecognized Gains	62,067	78,246
Gross Unrecognized Losses	(22,609)	(5,730)
Fair Value	5,011,459	4,851,981
Mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Total, Amortized Cost	5,018,764	4,829,977
Gross Unrecognized Gains	62,145	78,507
Gross Unrecognized Losses	(22,633)	(5,736)
Fair Value	$ 5,058,276	$ 4,902,748

Investment Securities (Availa_2

Investment Securities (Available-for-sale securities with unrealized losses, fair value) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	$ 2,557,175	$ 1,118,152
Less than 12 Months, Unrealized Losses	(28,623)	(5,625)
12 Months or More, Fair Value	722,843	746,642
12 Months or More, Unrealized Losses	(1,982)	(1,570)
TOTAL, Fair Value	3,280,018	1,864,794
TOTAL, Unrealized Losses	(30,605)	(7,195)
U.S. Treasury obligations [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	1,277,798	786,606
Less than 12 Months, Unrealized Losses	(7,972)	(1,459)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
TOTAL, Fair Value	1,277,798	786,606
TOTAL, Unrealized Losses	(7,972)	(1,459)
Non-mortgage-backed securities [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	1,277,798	786,606
Less than 12 Months, Unrealized Losses	(7,972)	(1,459)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
TOTAL, Fair Value	1,277,798	786,606
TOTAL, Unrealized Losses	(7,972)	(1,459)
U.S. obligation MBS [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	3,654	0
Less than 12 Months, Unrealized Losses	(9)	0
12 Months or More, Fair Value	5,808	6,191
12 Months or More, Unrealized Losses	(15)	(6)
TOTAL, Fair Value	9,462	6,191
TOTAL, Unrealized Losses	(24)	(6)
GSE MBS [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	1,275,723	331,546
Less than 12 Months, Unrealized Losses	(20,642)	(4,166)
12 Months or More, Fair Value	717,035	740,451
12 Months or More, Unrealized Losses	(1,967)	(1,564)
TOTAL, Fair Value	1,992,758	1,071,997
TOTAL, Unrealized Losses	(22,609)	(5,730)
Mortgage-backed securities [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Less than 12 Months, Fair Value	1,279,377	331,546
Less than 12 Months, Unrealized Losses	(20,651)	(4,166)
12 Months or More, Fair Value	722,843	746,642
12 Months or More, Unrealized Losses	(1,982)	(1,570)
TOTAL, Fair Value	2,002,220	1,078,188
TOTAL, Unrealized Losses	$ (22,633)	$ (5,736)

Investment Securities (Availa_3

Investment Securities (Available-For-Sale Securities Classified By Contractual Maturities) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Available-for-sale Securities, Debt Maturities [Abstract]
Amortized Cost	$ 7,812,873	$ 7,644,496
Fair Value	7,846,335	7,719,185
Non-mortgage-backed securities [Member]
Available-for-sale Securities, Debt Maturities [Abstract]
Due in one year or less, Amortized Cost	1,200,885	907,110
Due after one year through five years, Amortized Cost	1,360,753	1,660,664
Due after five years through ten years, Amortized Cost	232,471	246,745
Due after ten years, Amortized Cost	0	0
Amortized Cost	2,794,109	2,814,519
Due in one year or less, Fair Value	1,201,645	907,908
Due after one year through five years, Fair Value	1,354,151	1,661,260
Due after five years though ten years, Fair Value	232,263	247,269
Due after ten years, Fair Value	0	0
Fair Value	2,788,059	2,816,437
Mortgage-backed securities [Member]
Available-for-sale Securities, Debt Maturities [Abstract]
Mortgage-backed securities, Amortized Cost	5,018,764	4,829,977
Mortgage-backed securities, Fair Value	5,058,276	4,902,748
Fair Value	$ 5,058,276	$ 4,902,748

Investment Securities (Held-To-

Investment Securities (Held-To-Maturity Securities by Major Security Type) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Schedule of Held-to-maturity Securities [Line Items]
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss	$ 283	$ 224
Debt Securities, Held-to-Maturity, Excluded Accrued Interest [true false]	true
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable
Amortized Cost	$ 421,583	446,185
Gross Unrecognized Gains	4,643	5,913
Gross Unrecognized Losses	(2,531)	(1,327)
Held-to-maturity, Fair Value	423,695	450,771
State or local housing agency obligations [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	74,865	74,865
Gross Unrecognized Gains	0	0
Gross Unrecognized Losses	(1,185)	(1,250)
Held-to-maturity, Fair Value	73,680	73,615
Non-mortgage-backed securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	74,865	74,865
Gross Unrecognized Gains	0	0
Gross Unrecognized Losses	(1,185)	(1,250)
Held-to-maturity, Fair Value	73,680	73,615
GSE MBS [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	346,718	371,320
Gross Unrecognized Gains	4,643	5,913
Gross Unrecognized Losses	(1,346)	(77)
Held-to-maturity, Fair Value	350,015	377,156
Mortgage-backed securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	346,718	371,320
Gross Unrecognized Gains	4,643	5,913
Gross Unrecognized Losses	(1,346)	(77)
Held-to-maturity, Fair Value	$ 350,015	$ 377,156

Investment Securities (Held-T_2

Investment Securities (Held-To-Maturity Securities Classified By Contractual Maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Amortized Cost	$ 421,583	$ 446,185
Debt Securities, Held-to-maturity, Maturity, Fair Value, Rolling Maturity [Abstract]
Fair Value	423,695	450,771
Non-mortgage-backed securities [Member]
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Amortized Cost	74,865	74,865
Debt Securities, Held-to-maturity, Maturity, Fair Value, Rolling Maturity [Abstract]
Due in one year or less, Fair Value	0	0
Due after one year through five years, Fair Value	0	0
Due after five years through ten years, Fair Value	44,745	44,736
Due after ten years, Fair Value	28,935	28,879
Fair Value	73,680	73,615
Non-mortgage-backed securities [Member] | Amortized Cost Before Allowance For Credit Losses And Non-Credit Other-Than-Temporary Impairment [Member]
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Due in one year or less, Amortized Cost	0	0
Due after one year through five years, Amortized Cost	0	0
Due after five years through ten years, Amortized Cost	44,865	44,865
Due after ten years, Amortized Cost	30,000	30,000
Mortgage-backed securities [Member]
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Amortized Cost	346,718	371,320
Debt Securities, Held-to-maturity, Maturity, Fair Value, Rolling Maturity [Abstract]
Fair Value	$ 350,015	$ 377,156

Advances (Narrative) (Details)

Advances (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank, Advances, Par Value	$ 25,640,855	$ 23,432,828
Minimum [Member]
Federal Home Loan Bank, Advances [Line Items]
FHLB advances, outstanding interest rate	0.21%	0.12%
Maximum [Member]
Federal Home Loan Bank, Advances [Line Items]
FHLB advances, outstanding interest rate	7.20%	7.20%
Federal Home Loan Bank Advances Receivable [Member]
Federal Home Loan Bank, Advances [Line Items]
Financing Receivable, Excluding Accrued Interest, Nonaccrual	$ 0	$ 0
Impaired Financing Receivable, Unpaid Principal Balance	0	0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	0	0
FinancialAssetPastDue [Member] | Federal Home Loan Bank Advances Receivable [Member]
Federal Home Loan Bank, Advances [Line Items]
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss	0	$ 0
Federal Home Loan Bank, Advances, Convertible Option [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank, Advances, Par Value	$ 1,333,150

Advances (Advances Redemption T

Advances (Advances Redemption Terms) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Amount
Due in one year or less	$ 15,252,784	$ 13,279,735
Due after one year through two years	1,972,740	1,825,235
Due after two years through three years	2,602,736	2,359,249
Due after three years through four years	1,356,634	1,511,691
Due after four years through five years	1,290,236	1,314,949
Thereafter	3,165,725	3,141,969
TOTAL PAR VALUE	25,640,855	23,432,828
Discounts	(15,741)	(16,856)
Hedging adjustments	(137,538)	68,316
TOTAL	$ 25,487,576	$ 23,484,288
Weighted Average Interest Rate
Due in one year or less	0.52%	0.34%
Due after one year through two years	1.40%	1.31%
Due after two years through three years	1.11%	0.98%
Due after three years through four years	1.31%	1.18%
Due after four years through five years	1.16%	1.09%
Thereafter	1.92%	1.76%
Total par value	0.90%	0.77%
Federal Home Loan Bank Advances Receivable [Member]
Federal Home Loan Bank, Advances [Line Items]
Advances, Accrued Interest, after Allowance for Credit Loss	$ 14,701	$ 13,140
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable

Advances (Advances by Year of R

Advances (Advances by Year of Redemption Term, Next Call Date, or Next Convert Date) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Redemption Term, Year of Redemption Term or Next Call Date
Due in one year or less	$ 16,430,851	$ 14,582,991
Due after one year through two years	1,693,216	1,552,690
Due after two years through three years	2,015,557	1,821,308
Due after three years through four years	1,307,354	1,280,597
Due after four years through five years	1,282,347	1,308,086
Thereafter	2,911,530	2,887,156
TOTAL PAR VALUE	25,640,855	23,432,828
Redemption Term, Year of Redemption Term or Next Conversion Date
Due in one year or less	16,337,284	14,324,735
Due after one year through two years	2,107,990	2,034,485
Due after two years through three years	2,693,136	2,452,148
Due after three years through four years	1,352,284	1,507,341
Due after four years through five years	1,290,236	1,314,949
Thereafter	1,859,925	1,799,170
TOTAL PAR VALUE	$ 25,640,855	$ 23,432,828

Advances (Advances by Interest

Advances (Advances by Interest Rate Payment Terms) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fixed rate:
Due in one year or less	$ 14,943,734	$ 13,061,185
Due after one year through three years	2,740,376	2,593,884
Due after three years through five years	1,799,305	1,871,575
Due after five years through fifteen years	2,776,402	2,752,551
Due after fifteen years	38,776	37,371
Total fixed rate	22,298,593	20,316,566
Variable rate:
Due in one year or less	309,050	218,550
Due after one year through three years	1,835,100	1,590,600
Due after three years through five years	847,565	955,065
Due after five years through fifteen years	348,047	349,547
Due after fifteen years	2,500	2,500
Total variable rate	3,342,262	3,116,262
TOTAL PAR VALUE	$ 25,640,855	$ 23,432,828

Mortgage Loans Mortgage Loans (

Mortgage Loans Mortgage Loans (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2022		Dec. 31, 2021		Mar. 31, 2021	Dec. 31, 2020
Mortgage Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans on non-accrual status	$ 32,039	[1]	$ 37,867	[2]
Conventional Mortgage Loan [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans on non-accrual status	32,039	[1]	37,867	[2]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	5,038		5,317		$ 4,956	$ 5,177
US Government Agency Insured Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Loans on non-accrual status	0
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	$ 0		$ 0
[1]	Includes $22,130,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.
[2]	Includes $25,211,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.

Mortgage Loans (Mortgage Loans

Mortgage Loans (Mortgage Loans Held For Portfolio) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Fixed rates, medium-term [Member] | Single-family mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total unpaid principal balance	[1]	$ 1,324,691	$ 1,375,318
Fixed rates, long-term [Member] | Single-family mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total unpaid principal balance		6,608,373	6,664,654
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable, Accrued Interest, after Allowance for Credit Loss		$ 36,717	36,959
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]		Accrued interest receivable
Total unpaid principal balance		$ 7,933,064	8,039,972
Premiums		104,101	107,697
Discounts		(1,361)	(1,371)
Deferred loan costs, net		64	76
Hedging adjustments		(8,881)	(6,011)
Total before allowance for credit losses on mortgage loans		8,026,987	8,140,363
Allowance for credit losses on mortgage loans		(5,038)	(5,317)
MORTGAGE LOANS HELD FOR PORTFOLIO, NET		$ 8,021,949	$ 8,135,046
[1]	Medium-term defined as a term of 15 years or less at origination.

Mortgage Loans (Mortgage Loan_2

Mortgage Loans (Mortgage Loans Held For Portfolio by Collateral or Guarantee Type) (Details) - Residential Portfolio Segment [Member] - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total unpaid principal balance	$ 7,933,064	$ 8,039,972
Government Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total unpaid principal balance	375,562	395,788
Conventional Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total unpaid principal balance	$ 7,557,502	$ 7,644,184

Mortgage Loans Mortgage Loans_2

Mortgage Loans Mortgage Loans (Credit Quality Indicator for Conventional Mortgage Loans) (Details) - USD ($) $ in Thousands		Mar. 31, 2022		Dec. 31, 2021
Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	$ 8,026,987		$ 8,140,363
In process of foreclosure, included above	[2]	6,892		4,933
Past due 90 days or more and still accruing interest		9,348		13,290
Loans on non-accrual status		32,039	[3]	37,867	[4]
Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	2,032,819		1,748,675
Originated, Four Years before Current Year	[1]	340,423		425,090
Originated, Three Years before Current Year	[1]	1,227,685		371,397
Originated, Two Years before Current Year	[1]	1,797,415		1,324,053
Originated, Fiscal Year before Current Year	[1]	1,998,106		1,858,120
Originated, Current Year	[1]	249,717		2,011,619
Total before allowance for credit losses on mortgage loans	[1]	7,646,165		7,738,954
In process of foreclosure, included above	[2]	4,604		3,065
Past due 90 days or more and still accruing interest		0		0
Loans on non-accrual status		32,039	[3]	37,867	[4]
Financing Receivable, Nonaccrual, No Allowance		22,130		25,211
Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	380,822		401,409
In process of foreclosure, included above	[2]	2,288		1,868
Past due 90 days or more and still accruing interest		9,348		13,290
Loans on non-accrual status		0	[3]	0	[4]
Financial Asset, 30 to 59 Days Past Due [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	53,290		52,965
Financial Asset, 30 to 59 Days Past Due [Member] | Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	21,713		17,460
Originated, Four Years before Current Year	[1]	6,087		4,799
Originated, Three Years before Current Year	[1]	7,303		6,567
Originated, Two Years before Current Year	[1]	5,559		9,385
Originated, Fiscal Year before Current Year	[1]	4,533		3,472
Originated, Current Year	[1]	0		2,743
Total before allowance for credit losses on mortgage loans	[1]	45,195		44,426
Financial Asset, 30 to 59 Days Past Due [Member] | Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	8,095		8,539
Financial Asset, 60 to 89 Days Past Due [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	14,383		11,477
Financial Asset, 60 to 89 Days Past Due [Member] | Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	5,616		2,908
Originated, Four Years before Current Year	[1]	1,376		1,258
Originated, Three Years before Current Year	[1]	2,839		1,653
Originated, Two Years before Current Year	[1]	1,217		2,408
Originated, Fiscal Year before Current Year	[1]	448		1,063
Originated, Current Year	[1]	0		0
Total before allowance for credit losses on mortgage loans	[1]	11,496		9,290
Financial Asset, 60 to 89 Days Past Due [Member] | Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	2,887		2,187
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	$ 35,865		$ 45,987
Serious delinquency rate	[5]	0.50%		0.60%
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	$ 8,749		$ 8,530
Originated, Four Years before Current Year	[1]	6,418		3,271
Originated, Three Years before Current Year	[1]	10,704		6,241
Originated, Two Years before Current Year	[1]	0		13,199
Originated, Fiscal Year before Current Year	[1]	646		353
Originated, Current Year	[1]	0		1,103
Total before allowance for credit losses on mortgage loans	[1]	$ 26,517		$ 32,697
Serious delinquency rate	[5]	0.40%		0.40%
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	$ 9,348		$ 13,290
Serious delinquency rate	[5]	2.50%		3.30%
FinancialAssetPastDue [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	$ 103,538		$ 110,429
FinancialAssetPastDue [Member] | Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	36,078		28,898
Originated, Four Years before Current Year	[1]	13,881		9,328
Originated, Three Years before Current Year	[1]	20,846		14,461
Originated, Two Years before Current Year	[1]	6,776		24,992
Originated, Fiscal Year before Current Year	[1]	5,627		4,888
Originated, Current Year	[1]	0		3,846
Total before allowance for credit losses on mortgage loans	[1]	83,208		86,413
FinancialAssetPastDue [Member] | Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	20,330		24,016
Financial Asset, Not Past Due [Member] | Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	7,923,449		8,029,934
Financial Asset, Not Past Due [Member] | Conventional Mortgage Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Originated, More than Five Years before Current Year	[1]	1,996,741		1,719,777
Originated, Four Years before Current Year	[1]	326,542		415,762
Originated, Three Years before Current Year	[1]	1,206,839		356,936
Originated, Two Years before Current Year	[1]	1,790,639		1,299,061
Originated, Fiscal Year before Current Year	[1]	1,992,479		1,853,232
Originated, Current Year	[1]	249,717		2,007,773
Total before allowance for credit losses on mortgage loans	[1]	7,562,957		7,652,541
Financial Asset, Not Past Due [Member] | Government Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total before allowance for credit losses on mortgage loans	[1]	$ 360,492		$ 377,393
[1]	Excludes accrued interest receivable.
[2]	Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been reported. Loans in process of foreclosure are included in past due or current loans dependent on their delinquency status.
[3]	Includes $22,130,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.
[4]	Includes $25,211,000 of conventional mortgage loans on nonaccrual status that did not have an associated allowance for credit losses because these loans were either previously charged off to the expected recoverable value and/or the fair value of the underlying collateral was greater than the amortized cost of the loans.
[5]	Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total amortized cost for the portfolio class.

Mortgage Loans (Rollforward of

Mortgage Loans (Rollforward of Allowance for Credit Losses on Conventional Mortgage Loans) (Details) - Conventional Loans [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for credit losses:
Balance, beginning of the period	$ 5,317	$ 5,177
Net (charge-offs) recoveries	(28)	207
Provision (reversal) for credit losses	(307)	(14)
Balance, end of the period	$ 5,038	$ 4,956

Derivatives And Hedging Activ_3

Derivatives And Hedging Activities (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure		$ 0
Counterparty One [Member]
Derivative [Line Items]
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	$ 7,703

Derivatives And Hedging Activ_4

Derivatives And Hedging Activities (Fair Values of Derivatives Instruments) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		$ 25,987,572	$ 21,324,793
TOTAL, Derivative Assets		48,836	17,050
TOTAL, Derivative Liabilities		326,103	181,310
Netting adjustments and cash collateral, Derivative Assets	[1],[2]	126,809	139,876
Netting adjustments and cash collateral, Derivative Liabilities	[1],[2]	(323,609)	(176,730)
DERIVATIVE ASSETS		175,645	156,926
DERIVATIVE LIABILITIES		2,494	4,580
Cash collateral posted		458,421	316,606
Cash collateral received		8,003	0
Derivatives designated as hedging instruments: [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		23,432,796	18,695,438
TOTAL, Derivative Assets		41,172	16,678
TOTAL, Derivative Liabilities		323,629	152,302
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		2,554,776	2,629,355
TOTAL, Derivative Assets		7,664	372
TOTAL, Derivative Liabilities		2,474	29,008
Interest rate swaps [Member] | Derivatives designated as hedging instruments: [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		23,432,796	18,695,438
TOTAL, Derivative Assets		41,172	16,678
TOTAL, Derivative Liabilities		323,629	152,302
Interest rate swaps [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		2,070,945	2,079,830
TOTAL, Derivative Assets		6,354	5
TOTAL, Derivative Liabilities		534	28,963
Interest rate caps/floors [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		354,000	477,500
TOTAL, Derivative Assets		1,276	335
TOTAL, Derivative Liabilities		0	0
Mortgage delivery commitments [Member] | Not Designated as Hedging Instrument [Member] | Mortgage Receivable [Member]
Derivatives, Fair Value [Line Items]
Derivative, Notional Amount		129,831	72,025
TOTAL, Derivative Assets		34	32
TOTAL, Derivative Liabilities		$ 1,940	$ 45
[1]	Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
[2]	Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.

Derivatives And Hedging Activ_5

Derivatives And Hedging Activities (Net Gains or Losses on Derivatives and Hedging Activities) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Total amounts presented in the Statements of Income, Advances		$ 37,881	$ 35,443
Total amounts presented in the Statements of Income, Available-for-sale Securities		14,784	11,477
Total amounts presented in the Statements of Income, Consolidated Obligations Discount Notes		2,036	1,998
Total amounts presented in the Statements of Income, Consolidated Obligations Bonds		36,556	46,515
Interest Rate Contract [Member] | Advances [Member] | Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives1	[1]	193,430	116,674
Hedged items2	[2]	(207,166)	(131,314)
NET GAINS (LOSSES) OF FAIR VALUE HEDGING RELATIONSHIPS (INTEREST INCOME/EXPENSE)		(13,736)	(14,640)
Interest Rate Contract [Member] | Available-for-sale Securities [Member] | Interest Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives1	[1]	215,804	124,675
Hedged items2	[2]	(235,685)	(148,040)
NET GAINS (LOSSES) OF FAIR VALUE HEDGING RELATIONSHIPS (INTEREST INCOME/EXPENSE)		(19,881)	(23,365)
Interest Rate Contract [Member] | Consolidated Obligations Discount Notes [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives1	[1]	(606)	13
Hedged items2	[2]	1,230	(4)
NET GAINS (LOSSES) OF FAIR VALUE HEDGING RELATIONSHIPS (INTEREST INCOME/EXPENSE)		624	9
Interest Rate Contract [Member] | Consolidated Obligations Bonds [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivatives1	[1]	(255,563)	(21,293)
Hedged items2	[2]	273,563	28,620
NET GAINS (LOSSES) OF FAIR VALUE HEDGING RELATIONSHIPS (INTEREST INCOME/EXPENSE)		$ 18,000	$ 7,327
[1]	Includes net interest settlements in interest income/expense.
[2]	Includes amortization/accretion on closed fair value relationships in interest income.

Derivatives And Hedging Activ_6

Derivatives And Hedging Activities Derivatives And Hedging Activities (Cumulative Basis Adjustments for Fair Value Hedges) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Advances [Member]
Derivatives, Fair Value [Line Items]
Carrying Value of Hedged Asset, Fair Value Hedge1	[1]	$ 6,479,371	$ 6,268,057
Asset, Basis Adjustments for Active Hedging Relationships2	[2]	(148,239)	57,055
Hedged Asset, Basis Adjustments for Discontinued Hedging Relationships2	[2]	10,701	11,261
Hedged Asset, Cumulative Amount of Fair Value Hedging Basis Adjustments2	[2]	(137,538)	68,316
Available-for-sale Securities [Member]
Derivatives, Fair Value [Line Items]
Carrying Value of Hedged Asset, Fair Value Hedge1	[1]	5,558,283	5,785,963
Asset, Basis Adjustments for Active Hedging Relationships2	[2]	(136,497)	100,372
Hedged Asset, Basis Adjustments for Discontinued Hedging Relationships2	[2]	0	0
Hedged Asset, Cumulative Amount of Fair Value Hedging Basis Adjustments2	[2]	(136,497)	100,372
Consolidated Obligation Discount Notes [Member]
Derivatives, Fair Value [Line Items]
Carrying Value of Hedged Liability, Fair Value Hedge1	[1]	(697,523)
Liability, Basis Adjustments for Active Hedging Relationships2	[2]	1,230
Hedged Liability, Basis Adjustments for Discontinued Hedging Relationships2	[2]	0
Hedged Liability, Cumulative Amount of Fair Value Hedging Basis Adjustments2	[2]	1,230
Consolidated Obligation Bonds [Member]
Derivatives, Fair Value [Line Items]
Carrying Value of Hedged Liability, Fair Value Hedge1	[1]	(10,084,063)	(6,754,140)
Liability, Basis Adjustments for Active Hedging Relationships2	[2]	314,077	40,514
Hedged Liability, Basis Adjustments for Discontinued Hedging Relationships2	[2]	0	0
Hedged Liability, Cumulative Amount of Fair Value Hedging Basis Adjustments2	[2]	$ 314,077	$ 40,514
[1]	Includes only the portion of carrying value representing the hedged items in fair value hedging relationships. For available-for-sale securities, amortized cost is considered to be carrying value (i.e., the fair value adjustment recorded in AOCI is excluded).
[2]	Included in amortized cost of the hedged asset/liability.

Derivatives And Hedging Activ_7

Derivatives And Hedging Activities (Net Gains Or Losses On Derivatives And Hedging Activities in Non-Interest Income) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
NET GAINS (LOSSES) ON DERIVATIVES	$ 46,563	$ 17,581
Interest rate swaps [Member]
Derivative Instruments, Gain (Loss) [Line Items]
NET GAINS (LOSSES) ON DERIVATIVES	60,931	34,451
Interest rate caps/floors [Member]
Derivative Instruments, Gain (Loss) [Line Items]
NET GAINS (LOSSES) ON DERIVATIVES	941	160
Net Interest Settlements [Member]
Derivative Instruments, Gain (Loss) [Line Items]
NET GAINS (LOSSES) ON DERIVATIVES	(10,374)	(12,841)
Mortgage delivery commitments [Member] | Mortgage Receivable [Member]
Derivative Instruments, Gain (Loss) [Line Items]
NET GAINS (LOSSES) ON DERIVATIVES	$ (4,935)	$ (4,189)

Deposits (Types Of Deposits) (D

Deposits (Types Of Deposits) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Interest-bearing:
Demand	$ 298,835	$ 317,911
Overnight	554,000	530,100
Term Deposits	5,750	2,750
Total interest-bearing	858,585	850,761
Non-interest-bearing:
Other	78,106	95,446
Total non-interest-bearing	78,106	95,446
TOTAL DEPOSITS	$ 936,691	$ 946,207

Consolidated Obligations (Narra

Consolidated Obligations (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Par value	$ 39,262,850	$ 37,658,250
Federal Home Loan Bank, Consolidated Obligations, Callable Option [Member]
Debt Instrument [Line Items]
Par value	$ 13,306,000	$ 11,224,000

Consolidated Obligations (Conso

Consolidated Obligations (Consolidated Bond Obligations Outstanding By Contractual Maturity) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total par value	$ 39,262,850	$ 37,658,250
Total par value, Weighted Average Interest Rate	0.66%	0.55%
Premium	$ 26,015	$ 27,470
Discounts	(2,604)	(2,720)
Concession fees	(11,463)	(11,877)
Hedging adjustments	(314,077)	(40,514)
TOTAL	38,960,721	37,630,609
Contractual Maturity Date, Long-term Debt [Member]
Debt Instrument [Line Items]
Due in one year or less	$ 21,828,700	$ 21,821,300
Due in one year or less, Weighted Average Interest Rate	0.26%	0.13%
Due after one year through two years	$ 2,836,400	$ 2,582,600
Due after one year through two years, Weighted Average Interest Rate	1.03%	1.02%
Due after two years through three years	$ 3,497,700	$ 2,435,700
Due after two years through three years, Weighted Average Interest Rate	1.01%	0.90%
Due after three years through four years	$ 2,190,000	$ 1,927,100
Due after three years through four years, Weighted Average Interest Rate	0.85%	0.86%
Due after four years through five years	$ 3,750,500	$ 3,766,500
Due after four years through five years, Weighted Average Interest Rate	1.02%	0.89%
Thereafter	$ 5,159,550	$ 5,125,050
Thereafter, Weighted Average Interest Rate	1.59%	1.57%

Consolidated Obligations (Con_2

Consolidated Obligations (Consolidated Bond Obligations By Contractual Maturity Or Next Call Date) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total par value	$ 39,262,850	$ 37,658,250
Earlier of Contractual Maturity or Next Call Date [Member]
Debt Instrument [Line Items]
Due in one year or less	34,337,200	32,612,800
Due after one year through two years	2,109,400	2,224,600
Due after two years through three years	1,059,200	1,024,200
Due after three years through four years	599,000	565,100
Due after four years through five years	646,500	684,500
Thereafter	$ 511,550	$ 547,050

Consolidated Obligations (Con_3

Consolidated Obligations (Consolidated Bonds By Interest-Rate Payment Type) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total par value	$ 39,262,850	$ 37,658,250
Fixed rate [Member]
Debt Instrument [Line Items]
Total par value	18,918,850	20,957,250
Simple variable rate [Member]
Debt Instrument [Line Items]
Total par value	18,737,000	15,752,000
Step [Member]
Debt Instrument [Line Items]
Total par value	$ 1,607,000	$ 949,000

Consolidated Obligations (Con_4

Consolidated Obligations (Consolidated Discount Notes Outstanding) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Carrying Value		$ 7,843,651	$ 6,568,989
Consolidated Obligation Discount Notes [Member]
Short-term Debt [Line Items]
Par Value		$ 7,848,461	$ 6,569,580
Weighted Average Interest Rate	[1]	0.28%	0.04%
[1]	Represents yield to maturity excluding concession fees.

Assets and Liabilities Subjec_3

Assets and Liabilities Subject to Offsetting Assets Subject to Offsetting (Schedule of Offsetting Assets) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Offsetting Assets [Line Items]
Derivative assets, Gross Amounts of Recognized Assets		$ 48,836	$ 17,050
Derivative assets, Gross Amounts Offset in the Statement of Condition	[1],[2]	126,809	139,876
Total derivative assets		175,645	156,926
Derivative assets, Gross Amounts Not Offset in the Statement of Condition	[3]	(34)	(32)
Derivative assets, Net Amount		175,611	156,894
Securities purchased under agreements to resell, Gross Amounts of Recognized Assets		2,100,000	1,500,000
Securities purchased under agreements to resell, Gross Amounts Offset in the Statement of Condition		0	0
Securities purchased under agreements to resell, Net Amounts of Assets Presented in the Statement of Condition		2,100,000	1,500,000
Securities purchased under agreements to resell, Gross Amounts Not Offset in the Statement of Condition	[3]	(2,100,000)	(1,500,000)
Securities purchased under agreements to resell, Net Amount		0	0
TOTAL, Gross Amounts of Recognized Assets		2,148,836	1,517,050
TOTAL, Gross Amounts Offset in the Statement of Condition		126,809	139,876
TOTAL, Net Amounts of Assets Presented in the Statement of Condition		2,275,645	1,656,926
TOTAL, Gross Amounts Not Offset in the Statement of Condition	[3]	(2,100,034)	(1,500,032)
TOTAL, Net Amount		175,611	156,894
Uncleared derivatives [Member]
Offsetting Assets [Line Items]
Derivative assets, Gross Amounts of Recognized Assets		47,555	16,855
Derivative assets, Gross Amounts Offset in the Statement of Condition		(43,513)	(16,522)
Total derivative assets		4,042	333
Derivative assets, Gross Amounts Not Offset in the Statement of Condition	[3]	(34)	(32)
Derivative assets, Net Amount		4,008	301
Cleared derivatives [Member]
Offsetting Assets [Line Items]
Derivative assets, Gross Amounts of Recognized Assets		1,281	195
Derivative assets, Gross Amounts Offset in the Statement of Condition		170,322	156,398
Total derivative assets		171,603	156,593
Derivative assets, Gross Amounts Not Offset in the Statement of Condition	[3]	0	0
Derivative assets, Net Amount		$ 171,603	$ 156,593
[1]	Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
[2]	Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.
[3]	Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).

Assets and Liabilities Subjec_4

Assets and Liabilities Subject to Offsetting Liabilities Subject to Offsetting (Schedule of Offsetting Liabilities) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Offsetting Liabilities [Line Items]
Derivative liabilities, Gross Amounts of Recognized Liabilities		$ 326,103	$ 181,310
Derivative liabilities, Gross Amounts Offset in the Statement of Condition	[1],[2]	(323,609)	(176,730)
Total derivative liabilities		2,494	4,580
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition	[3]	(1,940)	(45)
Derivative liabilities, Net Amount		554	4,535
TOTAL, Gross Amounts of Recognized Liabilities		326,103	181,310
TOTAL, Gross Amounts Offset in the Statement of Condition		(323,609)	(176,730)
TOTAL, Net Amounts of Liabilities Presented in the Statement of Condition		2,494	4,580
TOTAL, Gross Amounts Not Offset in the Statement of Condition	[3]	(1,940)	(45)
TOTAL, Net Amount		554	4,535
Uncleared derivatives [Member]
Offsetting Liabilities [Line Items]
Derivative liabilities, Gross Amounts of Recognized Liabilities		318,054	179,338
Derivative liabilities, Gross Amounts Offset in the Statement of Condition		(315,560)	(174,758)
Total derivative liabilities		2,494	4,580
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition	[3]	(1,940)	(45)
Derivative liabilities, Net Amount		554	4,535
Cleared derivatives [Member]
Offsetting Liabilities [Line Items]
Derivative liabilities, Gross Amounts of Recognized Liabilities		8,049	1,972
Derivative liabilities, Gross Amounts Offset in the Statement of Condition		(8,049)	(1,972)
Total derivative liabilities		0	0
Derivative liabilities, Gross Amounts Not Offset in the Statement of Condition	[3]	0	0
Derivative liabilities, Net Amount		$ 0	$ 0
[1]	Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
[2]	Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.
[3]	Represents noncash collateral received on financial instruments that: (1) do not qualify for netting on the Statements of Condition; or (2) are not subject to an enforceable netting agreement (e.g., mortgage delivery commitments).

Capital (Narrative) (Details)

Capital (Narrative) (Details)		3 Months Ended
		Mar. 31, 2022$ / sharesRate	Dec. 31, 2021$ / shares
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage capital, permanent capital weight		1.5
Common Stock, par value per share		$ 100
Excess Stock (less than) | Rate		1.00%
Class A [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage capital, non-permanent capital weight		1
Common Stock, par value per share	[1]	$ 100	$ 100
Class B [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Stock, par value per share	[1]	$ 100	$ 100
[1]	Putable

Capital (Regulatory Capital Req

Capital (Regulatory Capital Requirements) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Regulatory capital requirements:
Risk-based capital, Required	$ 489,854	$ 363,108
Risk-based capital, Actual	$ 2,526,508	$ 2,407,762
Total regulatory capital-to-asset ratio, Actual	5.40%	5.50%
Total regulatory capital, Required	$ 2,029,708	$ 1,920,850
Total regulatory capital, Actual	$ 2,747,289	$ 2,642,533
Leverage capital ratio, Actual	7.90%	8.00%
Leverage capital, Required	$ 2,537,135	$ 2,401,062
Leverage capital, Actual	$ 4,010,543	$ 3,846,414

Capital (Mandatorily Redeemable

Capital (Mandatorily Redeemable Capital Stock Rollforward) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Mandatorily Redeemable Capital Stock [Roll Forward]
Balance, beginning of period	$ 582	$ 1,624
Capital stock subject to mandatory redemption reclassified from equity during the period	163,047	358,243
Redemption or repurchase of mandatorily redeemable capital stock during the period	(163,070)	(358,290)
Stock dividend classified as mandatorily redeemable capital stock during the period	0	8
Balance, end of period	$ 559	$ 1,585

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Accumulated Other Comprehensive Income Or Loss) (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Accumulated Other Comprehensive Income [Roll Forward]
Balance at the beginning of the period		$ 2,714,266	$ 2,691,053	$ 2,667,767
Reclassifications from other comprehensive income (loss) to net income:
Total other comprehensive income (loss)		(41,165)		29,306
Balance at the end of the period		2,777,880		2,691,053
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Unrealized Gain (Loss)			4,059
Total AOCI [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Balance at the beginning of the period		72,315	71,614	42,308
Other comprehensive income (loss) before reclassification:
Unrealized gains (losses)		(41,227)		29,234
Reclassifications from other comprehensive income (loss) to net income:
Amortization of net losses - defined benefit pension plan1	[1]	62		72
Total other comprehensive income (loss)		(41,165)		29,306
Balance at the end of the period		31,150		71,614
Net Unrealized Gain (Loss) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Balance at the beginning of the period		74,689	74,430	45,196
Other comprehensive income (loss) before reclassification:
Unrealized gains (losses)		(41,227)		29,234
Reclassifications from other comprehensive income (loss) to net income:
Total other comprehensive income (loss)		(41,227)		29,234
Balance at the end of the period		33,462		74,430
Defined Benefit Pension Plan [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Balance at the beginning of the period		(2,374)	$ (2,816)	(2,888)
Reclassifications from other comprehensive income (loss) to net income:
Amortization of net losses - defined benefit pension plan1	[1]	62		72
Total other comprehensive income (loss)		62		72
Balance at the end of the period		$ (2,312)		$ (2,816)
[1]	Recorded in “Other” non-interest expense on the Statements of Income. Amount represents a debit (increase to other expenses).

Fair Values (Fair Value Summary

Fair Values (Fair Value Summary) (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Assets:
Cash and due from banks		$ 29,264	$ 25,841
Trading securities		2,775,818	2,339,955
Available-for-sale securities		7,846,335	7,719,185
Held-to-maturity securities, Carrying Value		421,583	446,185
Held-to-maturity securities		423,695	450,771
Accrued interest receivable		79,890	78,032
Derivative assets		175,645	156,926
Netting adjustments and cash collateral, Derivative Assets	[1],[2]	126,809	139,876
Liabilities:
Accrued interest payable		48,820	42,753
Derivative liabilities		2,494	4,580
Netting adjustments and cash collateral, Derivative Liabilities	[1],[2]	(323,609)	(176,730)
Carrying Value [Member]
Assets:
Cash and due from banks		29,264	25,841
Interest-bearing deposits		624,145	693,249
Securities purchased under agreements to resell		2,100,000	1,500,000
Federal funds sold		3,100,000	3,360,000
Trading securities		2,775,818	2,339,955
Available-for-sale securities		7,846,335	7,719,185
Held-to-maturity securities, Carrying Value		421,583	446,185
Advances		25,487,576	23,484,288
Mortgage loans held for portfolio, net of allowance		8,021,949	8,135,046
Accrued interest receivable		79,890	78,032
Derivative assets		175,645	156,926
Liabilities:
Deposits		936,691	946,207
Mandatorily redeemable capital stock		559	582
Accrued interest payable		48,820	42,753
Derivative liabilities		2,494	4,580
Carrying Value [Member] | Industrial revenue bond [Member]
Other Asset (Liability):
Other asset (liability), asset		35,000	35,000
Carrying Value [Member] | Financing lease payable [Member]
Other Asset (Liability):
Other asset (liability), liability		(35,000)	(35,000)
Carrying Value [Member] | Consolidated Obligation Discount Notes [Member]
Liabilities:
Consolidated obligation discount notes		7,843,651	6,568,989
Carrying Value [Member] | Consolidated Obligation Bonds [Member]
Liabilities:
Consolidated obligation bonds		38,960,721	37,630,609
Fair Value [Member]
Assets:
Cash and due from banks		29,264	25,841
Interest-bearing deposits		624,145	693,249
Securities purchased under agreements to resell		2,100,000	1,500,000
Federal funds sold		3,100,000	3,360,000
Trading securities		2,775,818	2,339,955
Available-for-sale securities		7,846,335	7,719,185
Held-to-maturity securities		423,695	450,771
Advances		25,489,324	23,567,860
Mortgage loans held for portfolio, net of allowance		7,494,067	8,064,657
Accrued interest receivable		79,890	78,032
Derivative assets		175,645	156,926
Liabilities:
Deposits		936,683	946,207
Mandatorily redeemable capital stock		559	582
Accrued interest payable		48,820	42,753
Derivative liabilities		2,494	4,580
Fair Value [Member] | Industrial revenue bond [Member]
Other Asset (Liability):
Other asset (liability), asset		34,053	36,114
Fair Value [Member] | Financing lease payable [Member]
Other Asset (Liability):
Other asset (liability), liability		(34,053)	(36,114)
Fair Value [Member] | Consolidated Obligation Discount Notes [Member]
Liabilities:
Consolidated obligation discount notes		7,843,233	6,568,645
Fair Value [Member] | Consolidated Obligation Bonds [Member]
Liabilities:
Consolidated obligation bonds		38,413,389	37,565,481
Level 1 [Member]
Assets:
Cash and due from banks		29,264	25,841
Interest-bearing deposits		0	0
Securities purchased under agreements to resell		0	0
Federal funds sold		0	0
Trading securities		0	0
Available-for-sale securities		0	0
Held-to-maturity securities		0	0
Advances		0	0
Mortgage loans held for portfolio, net of allowance		0	0
Accrued interest receivable		0	0
Derivative assets		0	0
Liabilities:
Deposits		0	0
Mandatorily redeemable capital stock		559	582
Accrued interest payable		0	0
Derivative liabilities		0	0
Level 1 [Member] | Industrial revenue bond [Member]
Other Asset (Liability):
Other asset (liability), asset		0	0
Level 1 [Member] | Financing lease payable [Member]
Other Asset (Liability):
Other asset (liability), liability		0	0
Level 1 [Member] | Consolidated Obligation Discount Notes [Member]
Liabilities:
Consolidated obligation discount notes		0	0
Level 1 [Member] | Consolidated Obligation Bonds [Member]
Liabilities:
Consolidated obligation bonds		0	0
Level 2 [Member]
Assets:
Cash and due from banks		0	0
Interest-bearing deposits		624,145	693,249
Securities purchased under agreements to resell		2,100,000	1,500,000
Federal funds sold		3,100,000	3,360,000
Trading securities		2,775,818	2,339,955
Available-for-sale securities		7,846,335	7,719,185
Held-to-maturity securities		350,015	377,156
Advances		25,489,324	23,567,860
Mortgage loans held for portfolio, net of allowance		7,491,143	8,060,200
Accrued interest receivable		79,890	78,032
Derivative assets		48,836	17,050
Liabilities:
Deposits		936,683	946,207
Mandatorily redeemable capital stock		0	0
Accrued interest payable		48,820	42,753
Derivative liabilities		326,103	181,310
Level 2 [Member] | Industrial revenue bond [Member]
Other Asset (Liability):
Other asset (liability), asset		34,053	36,114
Level 2 [Member] | Financing lease payable [Member]
Other Asset (Liability):
Other asset (liability), liability		(34,053)	(36,114)
Level 2 [Member] | Consolidated Obligation Discount Notes [Member]
Liabilities:
Consolidated obligation discount notes		7,843,233	6,568,645
Level 2 [Member] | Consolidated Obligation Bonds [Member]
Liabilities:
Consolidated obligation bonds		38,413,389	37,565,481
Level 3 [Member]
Assets:
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		0	0
Available-for-sale securities		0	0
Held-to-maturity securities		73,680	73,615
Advances		0	0
Mortgage loans held for portfolio, net of allowance		2,924	4,457
Accrued interest receivable		0	0
Derivative assets		0	0
Liabilities:
Deposits		0	0
Mandatorily redeemable capital stock		0	0
Accrued interest payable		0	0
Derivative liabilities		0	0
Level 3 [Member] | Industrial revenue bond [Member]
Other Asset (Liability):
Other asset (liability), asset		0	0
Level 3 [Member] | Financing lease payable [Member]
Other Asset (Liability):
Other asset (liability), liability		0	0
Level 3 [Member] | Consolidated Obligation Discount Notes [Member]
Liabilities:
Consolidated obligation discount notes		0	0
Level 3 [Member] | Consolidated Obligation Bonds [Member]
Liabilities:
Consolidated obligation bonds		$ 0	$ 0
[1]	Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
[2]	Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.

Fair Values (Hierarchy Level fo

Fair Values (Hierarchy Level for Financial Assets And Liabilities - Recurring And Nonrecurring) (Details) - USD ($) $ in Thousands		Mar. 31, 2022		Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		$ 2,775,818		$ 2,339,955
Available-for-sale securities		7,846,335		7,719,185
Total derivative assets		175,645		156,926
Netting adjustments and cash collateral, Derivative Assets	[1],[2]	126,809		139,876
Total derivative liabilities		2,494		4,580
Netting adjustments and cash collateral, Derivative Liabilities	[1],[2]	(323,609)		(176,730)
Held-to-maturity securities		423,695		450,771
Certificates of Deposit [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		700,211		200,023
U.S. Treasury obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		905,038		917,472
Available-for-sale securities		2,788,059		2,816,437
GSE Debenture [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		401,915		415,918
U.S. obligation MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		46,817		50,767
GSE MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		768,654		806,542
Available-for-sale securities		5,011,459		4,851,981
Held-to-maturity securities		350,015		377,156
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		2,775,818		2,339,955
Available-for-sale securities		7,846,335		7,719,185
Total derivative assets		48,836		17,050
Total derivative liabilities		326,103		181,310
Held-to-maturity securities		350,015		377,156
Mortgage loans held for portfolio		7,491,143		8,060,200
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		0		0
Available-for-sale securities		0		0
Total derivative assets		0		0
Total derivative liabilities		0		0
Held-to-maturity securities		73,680		73,615
Mortgage loans held for portfolio		2,924		4,457
Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		2,775,818		2,339,955
Available-for-sale securities		7,846,335		7,719,185
Total derivative assets		175,645		156,926
Total derivative liabilities		2,494		4,580
Held-to-maturity securities		423,695		450,771
Mortgage loans held for portfolio		7,494,067		8,064,657
Recurring fair value measurements [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Netting adjustments and cash collateral, Derivative Assets	[2]	126,809		139,876
Netting adjustments and cash collateral, Derivative Liabilities	[2]	(323,609)		(176,730)
Recurring fair value measurements [Member] | Interest-rate related [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Netting adjustments and cash collateral, Derivative Assets	[2]	126,809		139,876
Netting adjustments and cash collateral, Derivative Liabilities	[2]	(323,609)		(176,730)
Recurring fair value measurements [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		2,775,818		2,339,955
Available-for-sale securities		7,846,335		7,719,185
Total derivative assets		48,836		17,050
TOTAL FAIR VALUE MEASUREMENTS - ASSETS		10,670,989		10,076,190
Total derivative liabilities		326,103		181,310
TOTAL FAIR VALUE MEASUREMENTS - LIABILITIES		326,103		181,310
Recurring fair value measurements [Member] | Level 2 [Member] | Interest-rate related [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets		48,802		17,018
Total derivative liabilities		324,163		181,265
Recurring fair value measurements [Member] | Level 2 [Member] | Certificates of Deposit [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		700,211		200,023
Recurring fair value measurements [Member] | Level 2 [Member] | U.S. Treasury obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		905,038		917,472
Available-for-sale securities		2,788,059		2,816,437
Recurring fair value measurements [Member] | Level 2 [Member] | GSE Debenture [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		401,915		415,918
Recurring fair value measurements [Member] | Level 2 [Member] | U.S. obligation MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		46,817		50,767
Recurring fair value measurements [Member] | Level 2 [Member] | GSE MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		768,654		806,542
Available-for-sale securities		5,011,459		4,851,981
Recurring fair value measurements [Member] | Level 2 [Member] | Mortgage Receivable [Member] | Mortgage delivery commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets		34		32
Total derivative liabilities		1,940		45
Recurring fair value measurements [Member] | Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		2,775,818		2,339,955
Available-for-sale securities		7,846,335		7,719,185
Total derivative assets		175,645		156,926
TOTAL FAIR VALUE MEASUREMENTS - ASSETS		10,797,798		10,216,066
Total derivative liabilities		2,494		4,580
TOTAL FAIR VALUE MEASUREMENTS - LIABILITIES		2,494		4,580
Recurring fair value measurements [Member] | Fair Value [Member] | Interest-rate related [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets		175,611		156,894
Total derivative liabilities		554		4,535
Recurring fair value measurements [Member] | Fair Value [Member] | Certificates of Deposit [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		700,211		200,023
Recurring fair value measurements [Member] | Fair Value [Member] | U.S. Treasury obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		905,038		917,472
Available-for-sale securities		2,788,059		2,816,437
Recurring fair value measurements [Member] | Fair Value [Member] | GSE Debenture [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		401,915		415,918
Recurring fair value measurements [Member] | Fair Value [Member] | U.S. obligation MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities		46,817		50,767
Recurring fair value measurements [Member] | Fair Value [Member] | GSE MBS [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trading securities		768,654		806,542
Available-for-sale securities		5,011,459		4,851,981
Recurring fair value measurements [Member] | Fair Value [Member] | Mortgage Receivable [Member] | Mortgage delivery commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets		34		32
Total derivative liabilities		1,940		45
Nonrecurring fair value measurements - Assets: [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
TOTAL FAIR VALUE MEASUREMENTS - ASSETS		2,974	[3]	4,562	[4]
Mortgage loans held for portfolio		2,974	[3]	4,510	[4]
Real estate owned	[4]			52
Nonrecurring fair value measurements - Assets: [Member] | Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
TOTAL FAIR VALUE MEASUREMENTS - ASSETS		2,974	[3]	4,562	[4]
Mortgage loans held for portfolio		$ 2,974	[3]	4,510	[4]
Real estate owned	[4]			$ 52
[1]	Amounts represent the application of the netting requirements that allow FHLBank to settle positive and negative positions and cash collateral, including accrued interest, held or placed with the same clearing agent and/or derivative counterparty. Cash collateral posted was $458,421,000 and $316,606,000 as of March 31, 2022 and December 31, 2021, respectively. Cash collateral received was $8,003,000 and $0 as of March 31, 2022 and December 31, 2021, respectively.
[2]	Represents the effect of legally enforceable master netting agreements that allow FHLBank to net settle positive and negative positions and also derivative cash collateral, including related accrued interest, held or placed with the same clearing agent or derivative counterparty.
[3]	Includes assets adjusted to fair value during the three months ended March 31, 2022 and still outstanding as of March 31, 2022.
[4]	Includes assets adjusted to fair value during the year ended December 31, 2021 and still outstanding as of December 31, 2021.

Commitments And Contingencies_2

Commitments And Contingencies (Narrative) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)
Off-balance Sheet Commitments:
Obligation with Joint and Several Liability Arrangement, Description	As provided in the Federal Home Loan Bank Act of 1932, as amended or in FHFA regulations, consolidated obligations are backed only by the financial resources of the FHLBanks. FHLBank Topeka is jointly and severally liable with the other FHLBanks for the payment of principal and interest on all of the consolidated obligations issued by the FHLBanks.
Obligation with joint and several liability arrangement, off balance sheet amount	$ 652,418,633		$ 608,633,999
Carrying value included in other liabilities	$ 126,771		$ 71,028
Number of in-district state housing authorities with standby bond purchase agreements	2		2
Stand by Bond Purchase Agreements, Aquired And Sold At Par, During the Period	$ 0	$ 0
Mortgage Delivery Commitments Derivative Asset (Liability)	$ (1,906)		$ (13)
Standby Letters of Credit Outstanding [Member]
Off-balance Sheet Commitments:
Term (up to)	6 years
Commitment Expiration Year (no later than)	2023
Carrying value included in other liabilities	$ 1,103		$ 1,336
Forward Settling Advance Commitments [Member]
Off-balance Sheet Commitments:
Term (up to)	24 months
Commitments for standby bond purchases [Member]
Off-balance Sheet Commitments:
Commitment Expiration Year (no later than)	2025
Mortgage Receivable [Member] | Commitments to fund or purchase mortgage loans [Member]
Off-balance Sheet Commitments:
Term (up to)	60 calendar days

Commitments And Contingencies_3

Commitments And Contingencies (Off-Balance Sheet Commitments) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Standby letters of credit outstanding [Member]
Loss Contingencies [Line Items]
Expire Within One Year	$ 4,835,558	$ 5,206,182
Expire After One Year	1,983	1,983
Total	4,837,541	5,208,165
Advance commitments outstanding [Member]
Loss Contingencies [Line Items]
Expire Within One Year	32,901	21,001
Expire After One Year	3,905	3,905
Total	36,806	24,906
Principal commitments for standby bond purchase agreements [Member]
Loss Contingencies [Line Items]
Expire Within One Year	102,980	0
Expire After One Year	667,715	727,200
Total	770,695	727,200
Commitments to issue consolidated bonds, at par [Member]
Loss Contingencies [Line Items]
Expire Within One Year	395,000	635,000
Expire After One Year	0	0
Total	395,000	635,000
Commitments to issue consolidated obligations discount notes, at par [Member]
Loss Contingencies [Line Items]
Expire Within One Year	2,813,716	0
Expire After One Year	0	0
Total	2,813,716	0
Mortgage Receivable [Member] | Commitments to fund or purchase mortgage loans [Member]
Loss Contingencies [Line Items]
Expire Within One Year	129,831	72,025
Expire After One Year	0	0
Total	$ 129,831	$ 72,025

Transactions With Stockholder_2

Transactions With Stockholders (Related Party Transactions, by Balance Sheet Grouping) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Outstanding Advances	$ 25,487,576	$ 23,484,288
Outstanding Deposits	936,691	946,207
Ten Percent Owner [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 441,488	$ 413,930
Regulatory Capital Stock, Percent Of Total	28.00%	27.60%
Outstanding Advances	$ 9,810,000	$ 9,045,000
Outstanding Advances, Percent of Total	38.30%	38.60%
Outstanding Deposits	$ 542	$ 517
Outstanding Deposits, Percent of Total	0.10%	0.10%
Ten Percent Owner [Member] | Total Class A Stock [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 500	$ 500
Regulatory Capital Stock, Percent Of Total	0.20%	0.20%
Ten Percent Owner [Member] | Total Class B Stock [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 440,988	$ 413,430
Regulatory Capital Stock, Percent Of Total	32.60%	32.70%
MidFirst Bank [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 441,488	$ 413,930
Regulatory Capital Stock, Percent Of Total	28.00%	27.60%
Outstanding Advances	$ 9,810,000	$ 9,045,000
Outstanding Advances, Percent of Total	38.30%	38.60%
Outstanding Deposits	$ 542	$ 517
Outstanding Deposits, Percent of Total	0.10%	0.10%
MidFirst Bank [Member] | Total Class A Stock [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 500	$ 500
Regulatory Capital Stock, Percent Of Total	0.20%	0.20%
MidFirst Bank [Member] | Total Class B Stock [Member]
Related Party Transaction [Line Items]
Regulatory Capital Stock, Total Par Value	$ 440,988	$ 413,430
Regulatory Capital Stock, Percent Of Total	32.60%	32.70%

Transactions With Stockholder_3

Transactions With Stockholders (Related Party Transactions, by Balance Sheet Grouping-Directors) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Advances, Outstanding Amount	$ 25,487,576	$ 23,484,288
Deposits, Outstanding Amount	936,691	946,207
Director [Member]
Related Party Transaction [Line Items]
Advances, Outstanding Amount	$ 171,563	$ 180,099
Advances, Percent of Total	0.70%	0.80%
Deposits, Outstanding Amount	$ 12,650	$ 15,613
Deposits, Percent of Total	1.40%	1.60%
TOTAL CAPITAL STOCK, Outstanding Amount	$ 21,501	$ 21,711
TOTAL CAPITAL STOCK, Percent Of Total	1.40%	1.40%
Director [Member] | Class A [Member]
Related Party Transaction [Line Items]
TOTAL CAPITAL STOCK, Outstanding Amount	$ 5,285	$ 4,655
TOTAL CAPITAL STOCK, Percent Of Total	2.40%	2.00%
Director [Member] | Class B [Member]
Related Party Transaction [Line Items]
TOTAL CAPITAL STOCK, Outstanding Amount	$ 16,216	$ 17,056
TOTAL CAPITAL STOCK, Percent Of Total	1.20%	1.30%

Transactions With Stockholder_4

Transactions With Stockholders (Schedule Of Related Party Transactions, Mortgage Loans Disclosure) (Details) - Director [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Related Party Transaction [Line Items]
Mortgage loans acquired	$ 5,577	$ 8,083
Mortgage loans acquired, Percent of Total	2.00%	1.50%