FHLB Cincinnati Announces First Quarter 2025 Results
The Federal Home Loan Bank of Cincinnati today released unaudited financial results for the first quarter ended March 31, 2025.
For the first quarter of 2025, net income was $145 million and ROE was 8.76 percent. This compares to net income of $146 million and ROE of 9.30 percent for the same period of 2024.
Total assets at March 31, 2025 were $133.4 billion, an increase of $1.1 billion (one percent) from year-end 2024.
Mission Assets and Activities – comprising the major products we offer to members including Advances, Letters of Credit (off-balance sheet), and the Mortgage Purchase Program – were $131.1 billion at March 31, 2025, a decrease of $4.5 billion (three percent) from year-end 2024. The decrease in Mission Assets and Activities from year-end 2024 was driven primarily by a decrease in Letters of Credit. The FHLB's business model is designed to support significant changes in mission asset and activity levels without having to undergo material changes in staffing, operations, risk practices, or general resource needs.