{"schema_version":"secwatch.filing_event.v1","accession":"0001325814-24-000077","form_type":"8-K","ticker":null,"cik":"0001325814","company_name":"Federal Home Loan Bank of Des Moines","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.847112+00:00","generated_at":"2026-06-03T07:37:50.800884+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FHLB Des Moines Q1 net income rises to $274M; dividend rates increased on both stock classes","bullets":["Net income of $274M, up from $191M in Q1 2023; net interest income rose $67M to $349M.","Activity-based dividend rate increased to 9.25% (from 9.00%) and membership to 6.00% (from 3.55%); $147M total payout on May 13.","Advances fell $11.6B to $111B; total assets decreased to $176.3B from $184.4B at year-end 2023.","Return on average equity (annualized) was 11.36% versus 8.51% in the prior-year quarter.","Accrued $30M for Affordable Housing Program assessments and disbursed $20M through Member Impact Fund."],"urls":{"canonical":"https://secwatch.observer/filing/0001325814-24-000077","json":"https://secwatch.observer/filing/0001325814-24-000077.json","markdown":"https://secwatch.observer/filing/0001325814-24-000077.md","text":"https://secwatch.observer/filing/0001325814-24-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325814/000132581424000077/0001325814-24-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325814/000132581424000077/fhlbdm-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:37:50.800884+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":"b7cfd70df12ef9fbfe24b63c6b54622a7f04c392","claim":"Federal Home Loan Bank of Des Moines reported the first quarter ended March 31, 2024 results: net income $274 million.","evidence_excerpt":"On April 25, 2024 , the Federal Home Loan Bank of Des Moines (the “Bank”) issued a news release to report its financial results for the first quarter ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325814/000132581424000077/0001325814-24-000077-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Net income","value":"$274 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"}