Federal Home Loan Bank of Atlanta Announces Second Quarter 2025 Operating Highlights and Declares Dividend
ATLANTA, July 24, 2025 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended June 30, 2025. All numbers reported below for the second quarter of 2025 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about August 8, 2025.
Operating Results for the Second Quarter of 2025
Net interest income for the second quarter of 2025 was $212 million, a decrease of $29 million, compared to net interest income of $241 million for the same period in 2024. The decrease in net interest income was primarily due to a decrease in interest rates, as well as a decrease in average advance balances during the second quarter of 2025, compared to the same period in 2024.
Net income for the second quarter of 2025 was $141 million, a decrease of $36 million, compared to net income of $177 million for the same period in 2024. The decrease in net income was primarily due to the decrease in net interest income and a $10 million increase in voluntary housing and community investment contributions.
During the second quarter of 2025, the Bank continued to meet members' liquidity demand and average advance balances were $103.1 billion, compared to average advance balances of $106.6 billion for the same period in 2024.
The net yield on interest-earning assets for the second quarter of 2025 was 54 basis points, compared to 61 basis points for the same period in 2024. Many of the Bank's assets and liabilities are indexed to the Secured Overnight Financing Rate (SOFR). Average daily SOFR during the second quarter of 2025 was 4.32 percent compared to 5.32 percent for the same period in 2024.
The Bank's second quarter 2025 performance resulted in an annualized return on average equity (ROE) of 6.43 percent as compared to 8.12 percent for the same period in 2024. The decrease in ROE was primarily due to the decrease in net income for the second quarter of 2025 compared to the same period in 2024.
Financial Condition Highlights
Total assets were $146.4 billion as of June 30, 2025, a decrease of $719 million from December 31, 2024.
Advances outstanding were $90.9 billion as of June 30, 2025, an increase of $5.0 billion from December 31, 2024.
Total capital was $8.3 billion as of June 30, 2025, an increase of $324 million from December 31, 2024. Retained earnings were $2.9 billion as of June 30, 2025, an increase of $88 million from December 31, 2024.
As of June 30, 2025, the Bank was in compliance with all applicable regulatory capital and liquidity requirements.
Reliable Source of Liquidity
During the first six months of 2025, the Bank originated a total of $168.2 billion of advances, thereby providing significant liquidity to its members to support lending and other activities in their communities. The Bank is proud to continue to execute on its mission to be a reliable source of liquidity and funding for its members, while remaining adequately capitalized.
Commitment to Affordable Housing and Community Development
The Bank commits 10 percent of its income before assessments to support the affordable housing and community development needs of communities served by its members as required by law, which amounted to $77 million for the 2024 statutory Affordable Housing Program (AHP) assessment available for funding in 2025. As of June 30, 2025, the Bank has accrued $32 million to its statutory AHP pool of funds that will be available to the Bank's members and their communities in 2026 for funding of eligible projects.
The Bank has committed to voluntarily contribute, at a minimum, an additional 50 percent of its prior year statutory AHP assessment to affordable housing. For 2025, the Bank authorized $41 million in voluntary housing contributions consisting of $9 million in voluntary non-statutory AHP contributions and $32 million in voluntary non-AHP contributions. These amounts are anticipated to be expensed during 2025.
Since the inception of its AHP in 1990, the Bank has awarded more than $1.2 billion in AHP funds, assisting more than 177,000 households.
Dividends
On July 24, 2025, the board of directors of the Bank approved a quarterly cash dividend at an annualized rate of 6.60 percent.
"Our cooperative model enables FHLBank Atlanta to fulfill our mission of providing reliable liquidity in any economic climate and it fuels our grants for affordable housing and community development," said FHLBank Atlanta Chair of the Board, Thornwell Dunlap. We appreciate our members' engagement and are pleased to deliver a strong dividend for the second quarter."
The dividend payout will be calculated based on members' capital stock held during the second quarter of 2025 and will be credited to members' daily investment accounts at the close of business on July 29, 2025.
Federal Home Loan Bank of AtlantaFinancial Highlights(Preliminary and unaudited)(Dollars in millions)
Statements of Condition
As of June 30, 2025
As of December 31, 2024
Advances
$
90,867
$
85,829
Investments
54,283
60,084
Mortgage loans held for portfolio, net
84
89
Total assets
146,372
147,091
