secwatch.observer — SEC 8-K summary
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Issuer:     Federal Home Loan Bank of Pittsburgh (—)
CIK:        0001330399
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001330399-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FHLBank Pittsburgh Q1 2024 net income $154M, up 25% YoY; declares dividends at 8.75% and 5.60%
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- Net income $154.0M vs $123.2M in Q1 2023; net interest income $195.7M, +$38.3M.
- Advances $72.9B (down from $78.4B at year-end); total assets $106.2B.
- Dividend declared: activity stock 8.75% annualized, membership stock 5.60% annualized.
- Allocated $17.2M to Affordable Housing Program for 2025; voluntary contributions $7.0M.
- Total capital $5.5B; retained earnings $1.9B; remained compliant with regulatory capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1330399/000133039924000011/0001330399-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1330399/000133039924000011/fhlbpgh-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001330399-24-000011

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