FHLB San Francisco Files Routine 8-K
| Field | Detail |
|---|---|
| Company | Federal Home Loan Bank Of San Francisco |
| Form Type | 8-K |
| Filed Date | Oct 6, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $15 million, $100 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, routine-filing
TL;DR
FHLB SF filed a standard 8-K, no major news.
AI Summary
On October 6, 2025, the Federal Home Loan Bank of San Francisco filed an 8-K report. The filing indicates no specific material events or changes requiring immediate disclosure beyond routine reporting. The company's principal executive offices are located at 333 Bush Street, Suite 2700, San Francisco, CA 94104.
Why It Matters
This filing indicates no significant new information or material events have occurred for the Federal Home Loan Bank of San Francisco as of October 6, 2025.
Risk Assessment
Risk Level: low — The filing is a routine 8-K with no disclosed material events, indicating no immediate new risks.
Key Players & Entities
- Federal Home Loan Bank of San Francisco (company) — Registrant
- October 6, 2025 (date) — Date of Report
- 333 Bush Street, Suite 2700, San Francisco, CA 94104 (location) — Principal Executive Offices
FAQ
What is the purpose of this 8-K filing?
This 8-K filing is a current report filed by the Federal Home Loan Bank of San Francisco to disclose any material events that have occurred since the last filing.
What is the date of the earliest event reported?
The date of the earliest event reported is October 6, 2025.
Where are the principal executive offices of the Federal Home Loan Bank of San Francisco located?
The principal executive offices are located at 333 Bush Street, Suite 2700, San Francisco, CA 94104.
What is the company's telephone number?
The registrant's telephone number, including area code, is (415) 616-1000.
Is this filing intended to satisfy any other reporting obligations?
The filing notes that it is intended to check the appropriate box if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following, but no specific obligations are detailed in the provided text.
Filing Stats: 752 words · 3 min read · ~3 pages · Grade level 13.4 · Accepted 2025-10-06 12:12:49
Key Financial Figures
- $15 million — mbership asset value up to a maximum of $15 million ("Membership Stock Requirement"), and (
- $100 — onverted to shares daily by dividing by $100. The total average shares outstanding t
Filing Documents
- fhlbsf-20251006.htm (8-K) — 23KB
- 0001316944-25-000191.txt ( ) — 124KB
- fhlbsf-20251006.xsd (EX-101.SCH) — 2KB
- fhlbsf-20251006_lab.xml (EX-101.LAB) — 19KB
- fhlbsf-20251006_pre.xml (EX-101.PRE) — 11KB
- fhlbsf-20251006_htm.xml (XML) — 2KB
01 Other Events
Item 8.01 Other Events. On October 6, 2025, the Federal Home Loan Bank of San Francisco (the "Bank") provided notice to its members that at its September 26, 2025, board of directors ("Board") meeting, the Board adopted resolutions to provide for the mandatory conversion of the Bank's Class B stock into Class B-1 and Class B-2 stock, and to designate the rights, preferences, and privileges of such Class B-1 and Class B-2 stock. The conversion will become effective on January 2, 2026. Effective January 2, 2026, the Bank's outstanding Class B stock will be converted into Class B-1 membership stock and Class B-2 activity-based stock, as applicable. Upon conversion, members will be required to maintain the minimum stock requirement ("Minimum Stock Requirement"), which remains unchanged and will continue to be calculated as the greater of: (i) the membership stock requirement, which will equal 1.0% of membership asset value up to a maximum of $15 million ("Membership Stock Requirement"), and (ii) the activity-based stock requirement, which will equal 2.7% of outstanding advance balances plus 0.1% of letters of credit balances ("Activity-Based Stock Requirement"). Upon conversion, Class B-2 activity-based stock will equal the Activity-Based Stock Requirement, and Class B-1 membership stock will be calculated by subtracting Activity-Based Stock Requirement from total capital stock held. If a member has no activity requiring Class B-2 activity-based stock, such member will hold only Class B-1 membership stock. The Minimum Stock Requirement will be calculated daily. Total capital stock held is converted to shares daily by dividing by $100. The total average shares outstanding to calculate any dividend(s) will be determined using the average of the daily shares over the dividend time period. The Board also approved an update to the dividend philosophy that establishes a guideline for dividend rates for Class B-2 stock to be greater than or equal to Class B-1 stock. Th