Monday, December 12, 2011

Seattle FHLB posts $467M Q1 capital deficiency - Puget Sound Business Journal (Seattle):

viktorevaikubuwo.blogspot.com
The bank has been to keep up its capital levelsz for the lastseveral months. The bank, whichn serves 380 member banks mostly inwesterj states, also saw a net loss of $16.1 million as a result of its souresd investments in mortgage-backed securities. That compares with net incomedof $31.5 million during the same time period last year. The bank took a $71.7u million charge as a result of the loss in valuw onthe securities. The Federal Home Loan Bank which acts as a bank tobankw — also said its seen a decrease in membef advances, with $31.8 billion in advanceds outstanding compared with $36.9 billion at the end of 2008.
Its memberes are drawn from a district thatcovera Alaska, Hawaii, Idaho, Montana, Oregon, Utah, Washington, and Wyoming, plus the U.S. territoriee of American Samoa and Guam and the Commonwealthg of the NorthernMariana

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