FHLBank Pittsburgh Announces Full Year and Fourth Quarter 2023 Operating Highlights
The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the full year and fourth quarter ended December 31, 2023.
- The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the full year and fourth quarter ended December 31, 2023.
- FHLBank’s net income totaled $126.5 million for the fourth quarter of 2023, compared to $96.5 million for the fourth quarter of 2022.
- Interest income was $1,550.6 million for the fourth quarter of 2023, compared to $885.4 million in the same prior-year period.
- Interest expense was $1,359.0 million for the fourth quarter of 2023, compared to $744.9 million in the same prior-year period.