secwatch.observer — SEC 8-K summary
======================================

Issuer:     Federal Home Loan Bank of Topeka (—)
CIK:        0001325878
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001325878-24-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FHLBank Topeka Q1 net income $114.2M, up 35% YoY; net interest income up to $136.1M
--------------------------------------------------------------------------------

- Net income of $114.2M for Q1 2024 vs $84.8M for Q1 2023 (increase 34.7%).
- Net interest income increased $31.7M to $136.1M; net interest margin rose 18 bps to 0.74%.
- Total assets $73.7B (down $1.2B from Dec 2023) due to $3.7B decline in advances.
- ROE improved to 12.0% from 9.0% prior-year quarter.
- Dividend rates: Class A 4.75%, Class B 9.50% (weighted avg 8.76%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325878/000132587824000103/0001325878-24-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325878/000132587824000103/fhlbt-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001325878-24-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer