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

Issuer:     Federal Home Loan Bank of Indianapolis (—)
CIK:        0001331754
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001331754-24-000093
Event type: earnings
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FHLB Indianapolis reports Q1 2024 net income $95M, up $3M YoY; declares dividends at 9.50%/4.50% annualized
--------------------------------------------------------------------------------

- Net income $95M, up $3M YoY; driven by higher earnings on capital-funded assets due to rising rates, offset by absence of prior-year extinguishment gains.
- Dividends declared: Class B-2 activity-based at 9.50% annualized, Class B-1 at 4.50%; paid April 26.
- Total assets $71.4B, down 7% from Dec 31, 2023, due to decreases in investments; advances $35.3B, flat.
- Regulatory capital-to-assets ratio 6.03%, exceeding all requirements; total capital $4.0B, up 6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331754/000133175424000093/0001331754-24-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331754/000133175424000093/fhlbi-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001331754-24-000093

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