FEDERAL HOME LOAN BANK OF PITTSBURGH Financial Statements (2025 and earlier)
Company Profile
| Business Address |
301 GRANT STREET, SUITE 2000 PITTSBURGH, PA 15219 |
| State of Incorp. | PA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6111 - Federal and Federally-Sponsored Credit Agencies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,893,121 | 3,340,034 | 2,698,385 | 1,199,928 | 3,149,090 | 5,130,030 | |||
| Cash and cash equivalent | 2,743,968 | 3,122,312 | 2,484,377 | 956,666 | 1,993,087 | 1,498,380 | |||
| Short-term investments | 149,153 | 217,722 | 214,008 | 243,262 | 1,156,003 | 3,631,650 | |||
| Debt securities, held-to-maturity, accrued interest, after allowance for credit loss | ✕ | ✕ | 4,700 | 2,400 | ✕ | ||||
| Total current assets: | 2,893,121 | 3,344,734 | 2,700,785 | 1,199,928 | 3,149,090 | 5,130,030 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 15,800 | 2,200 | 3,900 | 8,200 | 10,200 | ||||
| Property, plant and equipment | 19,800 | 3,000 | 4,300 | 7,900 | 8,800 | 8,400 | |||
| Regulated entity, other noncurrent assets | 6,848 | 6,484 | 5,008 | 4,188 | 4,147 | 6,118 | |||
| Total noncurrent assets: | 42,448 | 11,684 | 13,208 | 12,088 | 21,147 | 24,718 | |||
| Other undisclosed assets | 103,991,180 | 108,791,227 | 93,427,174 | 36,439,258 | 44,542,654 | 90,569,381 | |||
| TOTAL ASSETS: | 106,926,749 | 112,147,645 | 96,141,167 | 37,651,274 | 47,712,891 | 95,724,129 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 101,292,681 | 106,467,907 | 91,243,052 | 34,915,622 | 44,670,973 | 91,251,293 | |||
| Total liabilities: | 101,292,681 | 106,467,907 | 91,243,052 | 34,915,622 | 44,670,973 | 91,251,293 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 5,634,068 | 5,679,738 | 4,898,115 | 2,735,652 | 3,041,918 | 4,472,836 | |||
| Retained earnings | 2,102,876 | 1,831,696 | 1,536,237 | 1,398,411 | 1,376,751 | 1,326,014 | |||
| Other undisclosed equity, attributable to parent | 3,531,192 | 3,848,042 | 3,361,878 | 1,337,241 | 1,665,167 | 3,146,822 | |||
| Total equity: | 5,634,068 | 5,679,738 | 4,898,115 | 2,735,652 | 3,041,918 | 4,472,836 | |||
| TOTAL LIABILITIES AND EQUITY: | 106,926,749 | 112,147,645 | 96,141,167 | 37,651,274 | 47,712,891 | 95,724,129 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 947,683 | 858,518 | 318,002 | 122,674 | 223,524 | 397,159 | ||
| Net investment income | 947,137 | 858,029 | 317,493 | 130,691 | 198,296 | 394,651 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (2,052) | (3,401) | (5,796) | (4,383) | (1,263) | |||
| Gross profit: | 945,631 | 855,117 | 312,206 | 122,674 | 219,141 | 395,896 | ||
| Operating expenses | (51,876) | (43,539) | (49,647) | (41,428) | (42,814) | (40,441) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 4,423 | 1,983 | 1,322 | 4,280 | 2,300 | 2,859 | ||
| Operating income: | 898,178 | 813,561 | 263,881 | 85,526 | 178,627 | 358,314 | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 8,777 | 3,877 | (14,749) | (15,547) | (43,583) | (21,090) | ||
| Interest and debt expense | (5,107,884) | (1,252,512) | (233,525) | (729,012) | (2,233,168) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 829,643 | 2,250,009 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 906,955 | (4,290,446) | (1,003,380) | (163,546) | 235,675 | 354,065 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (253,896) | 4,936,915 | 1,255,858 | 259,561 | ||||
| Income from continuing operations: | 653,059 | 646,469 | 252,478 | 96,015 | 235,675 | 354,065 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 96,015 | 235,675 | 354,065 | |
| Other undisclosed net loss | (65,544) | (64,880) | (25,410) | (9,974) | (25,227) | (37,140) | ||
| Net income available to common stockholders, diluted: | 587,515 | 581,589 | 227,068 | 86,041 | 210,448 | 316,925 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 587,515 | 581,589 | 227,068 | 86,041 | 210,448 | 316,925 | ||
| Comprehensive income, net of tax, attributable to parent: | 587,515 | 581,589 | 227,068 | 86,041 | 210,448 | 316,925 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.