Monday, May 26, 2008

Federal Home Loan Bank of Atlanta posts $117M profit. Income.

The bank had plexus receipts of $116.6 million, compared with clear proceeds of $95.8 million in the commencement division of 2007. Net fascinate income was $207.6 million, compared with $158.3 million in the fundamental shelter of 2007. Total assets rose 3.4 percent to $195.4 billion after an raise in advances and held-to-maturity securities, moderately "The bank performed very well in the firstly thirteen weeks by executing its undertaking with focus and vigor," said Richard A. Dorfman, the bank's president and CEO.



"Advance balances grew steadily as fellow fiscal institutions sought a sure inception of wholesale funding as well as a competitive arrival on their investment.".

first quarter




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