# EDGAR Filing Document

**Accession Number:** 0001331757
**File Stem:** 0001331757-26-000076
**Filing Date:** 2026-4
**Character Count:** 11785
**Document Hash:** 403b633888fc0a5cd549409ed8350d78
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001331757-26-000076.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001331757-26-000076

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260429

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federal Home Loan Bank of Dallas
- **CENTRAL INDEX KEY:** 0001331757
- **STANDARD INDUSTRIAL CLASSIFICATION:** FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 716013989
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-51405
- **FILM NUMBER:** 26914138

**BUSINESS ADDRESS:**
- **STREET 1:** 8500 FREEPORT PARKWAY SOUTH
- **STREET 2:** SUITE 100
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75063
- **BUSINESS PHONE:** 214-441-8500

**MAIL ADDRESS:**
- **STREET 1:** 8500 FREEPORT PARKWAY SOUTH
- **STREET 2:** SUITE 100
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75063

?xml version='1.0' encoding='ASCII'? fhlbd-20260429

    

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

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| | |
|:---|:---|
| **Date of Report (Date of Earliest Event Reported):** | **April 29, 2026** |

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**Federal Home Loan Bank of Dallas**

____________________________________________________________

(Exact name of registrant as specified in its charter)

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| | | | |
|:---|:---|:---|:---|
| **Federally Chartered Corporation** | **Federally Chartered Corporation** | **000-51405** | **71-6013989** |
| _____________________<br>(State or other jurisdiction | _____________________<br>(State or other jurisdiction | _____________<br>(Commission | ______________<br>(I.R.S. Employer |
| of incorporation) | of incorporation) | File Number) | Identification No.) |
| **8500 Freeport Parkway South, Suite 600** | **8500 Freeport Parkway South, Suite 600** |  |  |
| **Irving,** | **Texas** |  | **75063-2547** |
| ________________________________<br>(Address of principal executive offices) | ________________________________<br>(Address of principal executive offices) |  | ___________<br>(Zip Code) |

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| | | |
|:---|:---|:---|
| **Registrant's telephone number, including area code:** | **(214)** | **441-8500** |

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**Not Applicable**

_____________________________________________

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

    

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**Item 2.02 Results of Operations and Financial Condition.** 

On April 29, 2026, the Federal Home Loan Bank of Dallas issued a press release disclosing information regarding its financial condition at March 31, 2026 and its results of operations for the quarter ended March 31, 2026. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1. The information contained in this Item 2.02 and Exhibit 99.1 attached hereto is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.** 

<u>Exhibits</u> 

99.1 <u>[Press release dated April 29, 2026 disclosing financial information regarding the quarter ended March 31, 2026.](earningsreleaseq12026.htm)</u>

104&nbsp;&nbsp;&nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| | | Federal Home Loan Bank of Dallas | Federal Home Loan Bank of Dallas |
| *Date:* | *April 29, 2026* | *By:* | */s/ Tom Lewis* |
|  |  |  | *Name: Tom Lewis* |
|  |  |  | *Title: Executive Vice President and Chief Financial Officer* |

---

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**Exhibit Index** 

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | <u>[Press release dated April 29, 2026 disclosing financial information regarding the quarter ended March 31, 2026.](earningsreleaseq12026.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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## Exhibit 99.1

**Exhibit 99.1**

**FOR IMMEDIATE RELEASE**

April 29, 2026

Contact:

Corporate Communications

Federal Home Loan Bank of Dallas

<u>www.fhlb.com</u>

(214) 441-8445

**Federal Home Loan Bank of Dallas** 

**Reports First Quarter 2026 Operating Results**

DALLAS, TEXAS, April 29, 2026 - The Federal Home Loan Bank of Dallas (Bank) today reported net income of $121.9 million for the quarter ended March 31, 2026. In comparison, for the quarters ended December 31, 2025 and March 31, 2025, the Bank reported net income of $126.2 million and $150.6 million, respectively.

Total assets at March 31, 2026 were $97.1 billion, compared with $108.5 billion at December 31, 2025. Average total assets decreased from $113.3 billion for the quarter ended March 31, 2025 to $105.1 billion for the corresponding period in 2026. The $11.4 billion decrease in total assets during the first quarter of 2026 was attributable to decreases in the Bank's advances ($6.6 billion), short-term liquidity holdings ($4.5 billion) and long-term investments ($0.4 billion), partially offset by an increase in the Bank's mortgage loans held for portfolio ($0.1 billion).

Advances totaled $44.2 billion at March 31, 2026, compared with $50.8 billion at December 31, 2025. The Bank's mortgage loans held for portfolio totaled $6.7 billion at March 31, 2026, as compared to $6.6 billion at December 31, 2025.

The carrying value of the Bank's long-term held-to-maturity securities portfolio, which is comprised of U.S. agency residential mortgage-backed securities (MBS), totaled $1.0 billion at both March 31, 2026 and December 31, 2025. The carrying value of the Bank's long-term available-for-sale securities portfolio, which is comprised of U.S. agency debentures and U.S. agency commercial MBS, totaled $18.9 billion at March 31, 2026, as compared to $19.3 billion at December 31, 2025.

The Bank's short-term liquidity holdings are typically comprised of overnight interest-bearing deposits, overnight federal funds sold, overnight reverse repurchase agreements, U.S. Treasury Bills, U.S. Treasury Notes and, from time to time, may also include cash held at the Federal Reserve. At March 31, 2026 and December 31, 2025, the Bank's short-term liquidity holdings totaled $25.8 billion and $30.3 billion, respectively.

The Bank's retained earnings increased to $3.307 billion at March 31, 2026 from $3.227 billion at December 31, 2025. On March 24, 2026, a dividend of $41.8 million was paid to the Bank's shareholders.

Additional selected financial data as of and for the quarter ended March 31, 2026 (and, for comparative purposes, as of December 31, 2025, and for the quarters ended December 31, 2025 and March 31, 2025) is

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set forth below. Further discussion and analysis regarding the Bank's results will be included in its Form 10-Q for the quarter ended March 31, 2026 to be filed with the Securities and Exchange Commission.

**About the Federal Home Loan Bank of Dallas**

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| |
|:---|
| **Federal Home Loan Bank of Dallas** |
| **Selected Financial Data** |
| **As of and For the Quarter Ended March 31, 2026** |
| **(Unaudited, in thousands)** |

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| | | |
|:---|:---|:---|
| | **March 31, 2026** | **December 31, 2025** |
| **Selected Statement of Condition Data:** | | |
| **Assets** | | |
| Investments (1) | $45709491 | $50656003 |
| Advances | 44215047 | 50820106 |
| Mortgage loans held for portfolio, net | 6725287 | 6555131 |
| Cash and other assets | 422239 | 480775 |
| &nbsp;&nbsp;&nbsp;**Total assets** | $97072064 | $108512015 |
| **Liabilities** |  |  |
| Consolidated obligations |  |  |
| &nbsp;&nbsp;&nbsp;Discount notes | $27317808 | $40185289 |
| &nbsp;&nbsp;&nbsp;Bonds | 60190861 | 57885556 |
| &nbsp;&nbsp;&nbsp;Total consolidated obligations | 87508669 | 98070845 |
| Mandatorily redeemable capital stock | 101662 | 7967 |
| Other liabilities | 3196325 | 3663332 |
| &nbsp;&nbsp;&nbsp;**Total liabilities** | 90806656 | 101742144 |
| **Capital** |  |  |
| Capital stock — putable | 2752740 | 3338359 |
| Retained earnings | 3307256 | 3227044 |
| Total accumulated other comprehensive income | 205412 | 204468 |
| &nbsp;&nbsp;&nbsp;**Total capital** | 6265408 | 6769871 |
| &nbsp;&nbsp;&nbsp;**Total liabilities and capital** | $97072064 | $108512015 |
| **Total regulatory capital (2)** | $6161658 | $6573370 |

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| | | | |
|:---|:---|:---|:---|
| | **For the**<br>**Quarter Ended**<br>**March 31, 2026** | **For the**<br>**Quarter Ended**<br>**December 31, 2025** | **For the**<br>**Quarter Ended**<br>**March 31, 2025** |
| **Selected Statement of Income Data:** | | | |
| Net interest income (3) | $171063 | $176767 | $187700 |
| Other income | 1769 | 16007 | 14703 |
| Other expense |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating expense | 29844 | 28194 | 28031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voluntary grants, subsidies, donations and AHP contributions | 3693 | 19861 | 2134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other | 3735 | 4470 | 4864 |
| AHP assessment | 13683 | 14033 | 16750 |
| Net income | $121877 | $126216 | $150624 |

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(1)&nbsp;&nbsp;&nbsp;&nbsp;Investments consist of interest-bearing deposits, securities purchased under agreements to resell, federal funds sold, trading securities, available-for-sale securities and held-to-maturity securities.

(2)&nbsp;&nbsp;&nbsp;&nbsp;As of March 31, 2026 and December 31, 2025, total regulatory capital represented 6.35 percent and 6.06 percent, respectively, of total assets as of those dates.

(3)&nbsp;&nbsp;&nbsp;&nbsp;Net interest income is net of the provision for credit losses.

###

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