07/24/2026 | Press release | Distributed by Public on 07/24/2026 10:06
The Federal Home Loan Bank of Boston announced its preliminary, unaudited second quarter results for 2026, reporting net income of $45.2 million for the quarter. The Bank expects to file its quarterly report on Form 10-Q for the quarter ending June 30, 2026, with the U.S. Securities and Exchange Commission next month.
"The Bank's strong financial performance during the second quarter was primarily driven by increased member demand for advances and for residential mortgage loan sales to the Bank through the Mortgage Partnership FinanceĀ® program," said President and CEO Timothy J. Barrett. "Income from these activities fueled our support for affordable homeownership and economic development throughout New England through a $5.0 million required contribution to our Affordable Housing Program (AHP) and $19.3 million in voluntary contributions to AHP and our other housing and community investment programs."