Federal Home Loan Bank of Atlanta released preliminary unaudited financial highlights for the quarter ended September 30, 2017. All numbers reported below for the third quarter of 2017 are approximate until the Bank announces unaudited financial results in its Form 10-Q filing with the Securities and Exchange Commission, which is expected to be filed on or about November 7, 2017.

The Bank reported net income of $95 million for the third quarter of 2017, an increase of $16 million from net income of $79 million for the third quarter of 2016. The increase in net income for the third quarter of 2017 was primarily attributable to an increase in interest rates.

As of September 30, 2017, the Bank had total assets of $143.9 billion, an increase of $5.3 billion, or 3.79 percent, from December 31, 2016. The Bank's advances were $99.8 billion as of September 30, 2017, an increase of $735 million, or 0.74 percent, from December 31, 2016. The Bank's retained earnings balance was $2.0 billion as of September 30, 2017, an increase of $80 million, or 4.20 percent, from December 31, 2016. Capital stock was $5.0 billion as of September 30, 2017, an increase of $86 million, or 1.74 percent, from December 31, 2016.

The Bank's third quarter 2017 performance resulted in an annualized return on average equity (ROE) of 5.46 percent as compared to 4.47 percent for the third quarter of 2016. The ROE spread to average three-month LIBOR increased to 415 basis points for the third quarter of 2017, as compared to 368 basis points for the third quarter of 2016. As of September 30, 2017 the Bank was in compliance with its regulatory capital requirements.

Federal Home Loan Bank of Atlanta
Financial Highlights
(Unaudited)
(Dollars in millions)