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Volume 14 - Number 23

November 14, 2014

Downloads Available: FHLBank Combined Operating Highlights - 3Q14

FHLBank Earnings Rise in Third Quarter 2014

Loan Banks jumped 22.0 percent to $627 million in the third quarter of 2014, up from $514 million in the second quarter, according to the Federal Home Loan Bank Office of Finance. The increase resulted primarily from increases in non-interest income and net interest income, partially offset by an increase in non-interest expense, explained the Office of Finance. However, net income declined 8.2 percent compared to the first nine months of last year.

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