{"schema_version":"secwatch.filing_event.v1","accession":"0001316944-26-000080","form_type":"8-K","ticker":null,"cik":"0001316944","company_name":"Federal Home Loan Bank of San Francisco","filed_at":"2026-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.119240+00:00","generated_at":"2026-05-15T04:10:49.298597+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"FHLB San Francisco Q1 net income $64M, down 32% YoY; declares quarterly dividends","bullets":["Net income of $64M, down from $94M in Q1 2025, driven by lower non-interest income.","Non-interest income fell $23M YoY to -$3M due to fair value changes on derivatives and net interest settlements.","Voluntary housing contributions increased $17M to $27M, supporting affordable housing in AZ, CA, NV.","Regulatory capital ratio 10.22% vs 4.00% requirement; total assets $70.7B, down $2.6B from year-end.","Board declared quarterly dividends on B-1 stock at 4.75% annualized and B-2 at 10.00%, payable May 8, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001316944-26-000080","json":"https://secwatch.observer/filing/0001316944-26-000080.json","markdown":"https://secwatch.observer/filing/0001316944-26-000080.md","text":"https://secwatch.observer/filing/0001316944-26-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1316944/000131694426000080/0001316944-26-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1316944/000131694426000080/fhlbsf-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:10:49.298597+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96949f8ad88c93f9c331e8c76e8ebea1b2f43c56","claim":"Federal Home Loan Bank of San Francisco reported first quarter of 2026 results: net income $64 million.","evidence_excerpt":"Net income for the first quarter of 2026 was $64 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1316944/000131694426000080/0001316944-26-000080-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"Net income","value":"$64 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}