FHLBanks of Des Moines, Topeka Report 2Q06 Net Income is Up
September 6, 2006
Two more Federal Home Loan Banks have recently released second quarter earnings, with the FHLBank of Des Moines and the Federal Home Loan Bank of Topeka both reporting increases in their net income. Des Moines announced net income of $22.1 million, compared with a net loss of $117.0 million for the same period in 2005. For the first half of the year, net income was $43.4 million, compared with $38.2 million for the same period in 2005...