Sign in

Private company

Federal Home Loan Bank of Indianapolis

In its 2026 annual report the company says: “The Federal Home Loan Bank of Indianapolis is a regional wholesale bank that serves its member financial institutions in Michigan and Indiana. We are one of 11 regional FHLBanks across the United States, which, along with the Office of Finance, compose the FHLBank System established in 1932. Our advance and mortgage purchase program also provide funding to assist members with asset/liability management, interest-rate risk management, mortgage pipelines, and other liquidity needs.”3

Last updated Oct 21, 2026.

Overview

  • IndustryFederal & Federally-Sponsored Credit Agencies1
  • HeadquartersIndianapolis, Indiana1
  • Incorporated inUnited States2
  • Business address8250 Woodfield Crossing Boulevard, Indianapolis, In 462402
  • Filer categoryNon-accelerated filer2

See how the biggest companies compare on our leaderboards

The Federal Home Loan Bank of Indianapolis is a regional wholesale bank that serves its member financial institutions in Michigan and Indiana. We are one of 11 regional FHLBanks across the United States, which, along with the Office of Finance, compose the FHLBank System established in 1932. Each FHLBank is a federal instrumentality of the United States of America that is privately capitalized and funded, receives no Congressional appropriations, and operates as an independent entity with its own board of directors, management, and employees.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income4$176.7M in 2022+101% since 2020
0$50.0M$100.0M$150.0M$200.0M2020: $87.9M$87.9M20202021: $93.9M$93.9M2021+7%2022: $176.7M$176.7M2022+88%
Fiscal year20182019202020212022202320242025
Interest$1.3B5$1.5B6$590.1M4$218.3M7$1.1B7$3.3B7
Income before tax$104.6M7$196.6M8$421.3M9$381.9M9$361.9M9
Net income$87.9M4$93.9M4$176.7M4

Compare Federal Home Loan Bank of Indianapolis with another company

What it owns

What Federal Home Loan Bank of Indianapolis reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Buildings and improvements$22.8M9 Dec 31, 2025$15.7M9 Dec 31, 2024+45.0%
Computer equipment and software$63.1M9 Dec 31, 2025$57.7M9 Dec 31, 2024+9.3%
Accumulated depreciation$68.4M9 Dec 31, 2025$63.0M9 Dec 31, 2024+8.5%
Property and equipment, net$35.4M9 Dec 31, 2025$30.9M9 Dec 31, 2024+14.6%

Investments

ItemLatestA year beforeChange
Loans, net of allowance$12.4B9 Dec 31, 2025$10.8B9 Dec 31, 2024+15.3%

Properties, in its own words

We own an office building containing approximately 117,000 square feet of office and storage space at 8250 Woodfield Crossing Boulevard, Indianapolis, IN, of which we lease 5,000 square feet to a single tenant. In addition, we lease office space in Detroit, MI, which is used for community and member engagement.

We also maintain two geographically dispersed, co-located data centers which are on electrical distribution grids that are separate from each other and from our office buildings.

The rest of Item 2

In the opinion of management, our physical properties are suitable and adequate. All of our properties are insured to approximately replacement cost.

Item 2 of the 10-K filed Mar 12, 2026.3

Timeline

  1. Oct 13, 20268-K New debt or obligation17
  2. Oct 8, 20268-K New debt or obligation18
  3. Oct 6, 20268-K New debt or obligation19
  4. Oct 1, 20268-K New debt or obligation20
  5. Sep 29, 20268-K Executive or director change; Other events21
  6. Sep 29, 20268-K New debt or obligation22
  7. Sep 24, 20268-K New debt or obligation23
  8. Sep 22, 20268-K New debt or obligation24
  9. Sep 17, 20268-K New debt or obligation25
  10. Sep 15, 20268-K New debt or obligation26
  11. Sep 10, 20268-K New debt or obligation27
  12. Sep 8, 20268-K New debt or obligation28

Calendar

Coming up

  1. Around Oct 27, 2026Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results29
  2. Apr 28, 2026Reported quarterly or annual results30
  3. Feb 25, 2026Reported quarterly or annual results31
  4. Feb 19, 2026Reported quarterly or annual results32
  5. Oct 28, 2025Reported quarterly or annual results33
  6. Jul 29, 2025Reported quarterly or annual results34
  7. Apr 24, 2025Reported quarterly or annual results35
  8. Mar 4, 2025Reported quarterly or annual results36

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

545 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 525 major events. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 8, 20268-K EDGAR
  3. Oct 6, 20268-K EDGAR
  4. Oct 1, 20268-K EDGAR
  5. Sep 29, 20268-K EDGAR
  6. Sep 29, 20268-K EDGAR
  7. Sep 24, 20268-K EDGAR
  8. Sep 22, 20268-K EDGAR
  9. Sep 17, 20268-K EDGAR
  10. Sep 15, 20268-K EDGAR
  11. Sep 10, 20268-K EDGAR
  12. Sep 8, 20268-K EDGAR
  13. Sep 3, 20268-K EDGAR
  14. Sep 1, 20268-K EDGAR
  15. Aug 25, 20268-K EDGAR
  16. Aug 20, 20268-K EDGAR
  17. Aug 18, 20268-K EDGAR
  18. Aug 11, 20268-K EDGAR
  19. Aug 6, 20268-K EDGAR
  20. Aug 6, 202610-Q EDGAR

The 545 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Federal Home Loan Bank of Indianapolis is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFederal Home Loan Bank of Indianapolis1
  • CIK0001331754
  • Employer ID (EIN)35-60014433
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company3
  • Incorporated inUnited States3
  • Fiscal year endsDecember 311
  • Industry code (SIC)6111 Federal & Federally-Sponsored Credit Agencies1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business address8250 Woodfield Crossing Boulevard, Indianapolis, IN 462401
  • Phone317-465-02001
  • Shares outstanding30,275,684 Common Class B shares as of Feb 28, 20263
  • Public float$2.9B as of Jun 30, 20253
  • AuditorPricewaterhouseCoopers LLP, Indianapolis, Indiana PCAOB ID 238; it also attests to the company’s internal control over financial reporting3
  • On EDGAR sinceJun 30, 20051
  • Filings2,269 in all: 8-K (2,160), 10-Q (62), 10-K (20), 8-K/A (17), 10-12G (2), 10-12G/A (2), UPLOAD (2), CORRESP (1)1
    All 11 form types

    NO ACT (1), NTN 10Q (1), RW (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Latest 8-K (8-K) Oct 13, 2026

Risk factors and legal proceedings

The risks Federal Home Loan Bank of Indianapolis names in Item 1A of its 10-K filed Mar 12, 2026: 19 risks under these headings, as written.3

  • Business Risk - Economic
  • Economic Conditions and Policy, or Global Political or Economic Events Could Have an Adverse Effect on Our Business, Liquidity, Financial Condition, and Results of Operations.
  • Adverse Trends in the Mortgage Lending Sector, Especially in Our District, Could Adversely Affect Us.
  • Business Risk - Legislative and Regulatory
  • Changes in the Legislative and Regulatory Environment for FHLBanks, Our Members, Our Debt Underwriters and Investors, or Other Housing GSEs May Adversely Affect Our Business, Demand for Products, the Cost of Debt Issuance, and the Value of FHLBank Membership.
  • A Failure to Meet Minimum Regulatory Capital Requirements Could Affect Our Ability to Pay Dividends, Redeem or Repurchase Capital Stock, Retain Existing Members and Attract New Members.
  • Restrictions on the Redemption, Repurchase, or Transfer of the Bank's Capital Stock Could Result in an Illiquid Investment for the Holder, Which Could Affect Member Interest in Our Products with Capital Stock Purchase Requirements and Our Ability to Retain Existing Members and Attract New Members.
  • Business Risk - Strategic
  • A Loss of Significant Borrowers or PFIs Could Adversely Affect Our Profitability, Our Ability to Achieve Business Objectives, Our Ability to Pay Dividends or Redeem or Repurchase Capital Stock, and Our Risk Concentration.
  • Significant Borrowers or PFIs.
  • Competition Could Adversely Affect Advances, the Supply of Mortgage Loans for our MPP, Our Access to Funding and Our Earnings.
  • Downgrades of Our Credit Rating, the Credit Rating of One or More of the Other FHLBanks, or the Credit Rating of the Consolidated Obligations Could Adversely Affect Our Cost of Funds, Our Ability to Access the Capital Markets, and/or Our Ability to Enter Into Derivative Instrument Transactions on Acceptable Terms.
The other 10 risks
  • Board Eligibility Requirements May Result in Loss of Expertise and Talent from our Board of Directors, and Any Inability to Attract and Retain Key Personnel Could Adversely Affect Our Operations, Our Results of Operations, and Our Ability to Satisfy our Mission.
  • An Increase in Our Exposure to Credit Losses Could Adversely Affect Our Financial Condition and Results of Operations.
  • Member Products.
  • Providing Financial Support to Other FHLBanks Could Adversely Affect the Bank's Liquidity, Earnings and Capital and Our Members.
  • Changes in Interest Rates or Changes in the Differences Between Short-Term Rates and Long-Term Rates Could Have an Adverse Effect on Our Earnings.
  • Liquidity Risk
  • The Inability to Access Capital Markets on Acceptable Terms Could Adversely Affect Our Liquidity, Operations, Financial Condition and Results of Operations, and the Value of Membership in Our Bank.
  • Operational Risk
  • A Cybersecurity Event; Interruption in Our Information Systems; Unavailability of, or an Interruption of Service at, Our Main Office or Our Backup Facilities; or Failure of or an Interruption in Information Systems of Third-Party Vendors or Service Providers Could Adversely Affect Our Business, Risk Management, Financial Condition, Results of Operations, and Reputation.
  • Information Systems; Facilities; Unavailability or Interruption of Service.
  • A Failure of the Business and Financial Models and Related Processes Used to Evaluate Various Financial Risks and Derive Certain Estimates in Our Financial Statements Could Produce Unreliable Projections or Valuations, which Could Adversely Affect Our Business, Financial Condition, Results of Operations and Risk Management.
  • General Risks
  • Natural Disasters and Similar Catastrophic Events Could Adversely Affect Our Business and Our Members.

Legal proceedings

In the ordinary course of business, we may from time to time become a party to lawsuits involving various business matters. We are unaware of any lawsuits presently pending which, individually or in the aggregate, could have a material effect on our financial condition or results of operations.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36