Friday, September 24, 2010

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

http://www.directgenomics.com/article/Prometheans-Global-Distribution-Doubled-In-Three-Years.html
The bank has been to keep up its capital levels for the last several The bank, which serves 380 member banks mostly in westerj states, also saw a net loss of $16.q1 million as a result of its soured investments in mortgage-backed That compares with net income of $31.6 million during the same time periofd last year. The bank took a $71.7 millio n charge as a result of the loss in value on the The Federal Home LoanBank — which acts as a bank to bankas — also said its seen a decrease in member advances, with $31.8 billion in advances outstanding compared with $36. billion at the end of 2008.
Its members are drawm from a district thatcovers Alaska, Hawaii, Idaho, Oregon, Utah, Washington, and Wyoming, plus the U.S. territoriesz of American Samoa and Guam and the Commonwealtgh of the NorthernMariana Islands.

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