ENP Newswire -
Release date- 29072014 - Federal Home Loan Bank of Atlanta Announces Second Quarter 2014 Operating Highlights.
Federal Home Loan Bank of
The Bank reported net income of
The Bank's retained earnings balance was
The Bank's second quarter 2014 performance resulted in an annualized return on equity (ROE) of 3.81 percent as compared to 5.61 percent for the second quarter of 2013. The ROE spread to average three-month LIBOR decreased to 358 basis points for the second quarter of 2014, compared to 533 basis points for the second quarter of 2013. The Bank continues to meet its regulatory capital requirements.
Federal Home Loan Bank of
(Dollars in millions)
Statements of Condition
Mortgage loans held for portfolio, net
Consolidated obligations, net
Total capital stock
Accumulated other comprehensive income
Capital-to-assets ratio (GAAP)
Capital-to-assets ratio (Regulatory)
Three Months Ended
Six Months Ended
Operating Results and Performance Ratios
Net interest income
Provision (reversal) for credit losses
Net impairment losses recognized in earnings
Letters of credit fees
Total noninterest expense
Affordable Housing Program assessments
Return on average assets
Return on average equity
Additional financial information concerning the Bank's results of operations for the most recently completed quarter will be available in the Bank's Form 10-Q scheduled to be filed on or about
About the Federal Home Loan Bank of
For more information visit our website at www.fhlbatl.com.
Some of the statements made in this announcement are 'forward-looking statements,' which include statements with respect to the Bank's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties, and other factors, many of which may be beyond the Bank's control, and which may cause the Bank's actual results, performance, or achievements to be materially different from the future results, performance, or achievements expressed or implied by the forward-looking statements.
The forward-looking statements may not be realized due to a variety of factors, including without limitation legislative and regulatory actions, changes or approvals; future economic and market conditions (including the housing market and the market for mortgage-backed securities); changes in demand for advances or consolidated obligations of the Bank and/or the
New factors may emerge, and it is not possible for us to predict the nature, or assess the potential impact, of each new factor on our business and financial condition. Given these uncertainties, we caution you not to place undue reliance on forward-looking statements. These statements speak only as of the date that they are made, and the Bank has no obligation and does not undertake to publicly update, revise, or correct any of the forward-looking statements after the date of this announcement, or after the respective dates on which such statements otherwise are made, whether as a result of new information, future events, or otherwise, except as may be required by law.
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