Federal Home Loan Bank of Atlanta released unaudited financial highlights for the quarter and year ended December 31, 2016. All numbers reported below for 2016 are approximate until the Bank announces 2016 audited financial results in its Form 10-K filing with the Securities and Exchange Commission, which is expected to be filed on or about March 9, 2017.

The Bank reported net income of $89 million for the fourth quarter of 2016, an increase of $18 million from net income of $71 million for the fourth quarter of 2015. The increase in net income during the fourth quarter of 2016 was primarily attributable to an increase in interest rates. The Bank reported net income of $278 million for 2016, a decrease of $23 million from net income of $301 million for 2015. As of December 31, 2016, the Bank had total assets of $138.7 billion, a decrease of $3.6 billion, or 2.51 percent, from December 31, 2015. The Bank’s advances were $99.1 billion as of December 31, 2016, a decrease of $5.1 billion, or 4.89 percent, from December 31, 2015.The Bank’s retained earnings balance was $1.9 billion as of December 31, 2016, an increase of $52 million, or 2.86 percent, from December 31, 2015. Capital stock was $5.0 billion as of December 31, 2016, a decrease of $146 million, or 2.88 percent, from December 31, 2015.The Bank’s 2016 performance resulted in a return on equity of 4.08 percent as compared to 4.63 percent for 2015. The ROE spread to average three-month LIBOR decreased in 2016 compared to 2015, equaling 334 basis points for 2016, as compared to 431 basis points for 2015. The Bank continues to meet its regulatory capital requirements.