The Federal Home Loan Bank of San Francisco announced unaudited financial results for the third quarter of 2026, reporting net income of $64 million. This figure represents a decrease of $46 million compared to the same period in the prior year.
The Bank’s total assets stood at $66.6 billion as of September 30, 2026, a decline of $6.7 billion from $73.3 billion at the end of 2025. This decrease was primarily driven by a $7.4 billion drop in advances, partially offset by a $0.7 billion increase in investments.
Regarding capital, the Bank exceeded its regulatory requirement with a capital ratio of 10.63% at September 30, 2026. The Bank also declared quarterly cash dividends on Class B-1 and Class B-2 stock at annualized rates of 4.75% and 10.00%, respectively, with payments scheduled for November 10, 2026.
In terms of community investment, the Bank committed an additional $22.5 million during the third quarter to the Affordable Housing Program General Fund and other initiatives, alongside a $28 million recognition of discretionary housing and community investment contributions.
