FHLBank Chicago Announces Q2 2026 Financial Highlights
The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced its preliminary and unaudited financial results for the second quarter of 2026.
“Our preliminary second quarter results reflect the strength of our cooperative model and the commitment to our mission,” said Michael Ericson, president and chief executive officer of FHLBank Chicago. “Growth in advances, disciplined balance sheet management and a strong capital position contributed to our strong financial performance this quarter. These results position us to continue providing reliable funding solutions for our members while supporting housing and community development initiatives that benefit communities across Illinois and Wisconsin.”
Second Quarter 2026 Financial Highlights
Net income increased to $180 million, compared to $151 million for the second quarter of 2025. The increase was primarily driven by higher net interest income, due to growth in advances and investment debt securities balances and lower funding costs on our discount notes. Lower noninterest expense also contributed to the increase, primarily due to the timing of community investment program activity and member utilization of programs in 2026 compared to the same period in 2025.
