FHLBank Topeka Issues Dodd-Frank Stress Test Results
July 17, 2014
FHLBank Topeka today issued its stress test results for the severely adverse scenario conducted under the Federal Housing Finance Agency's rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd-Frank requires certain financial companies with more than $10 billion in assets to perform annual stress tests to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions.
FHLBank Topeka continued to meet its regulatory Total Capital requirement of 4.00% of total assets throughout the nine-quarter stress test horizon, with its regulatory Total Capital ratio increasing from 5.09% of total assets as of September 30, 2013, to 6.07% of total assets as of December 31, 2015.
FHLBank Topeka, a privately owned, federally chartered corporation, promotes housing and homeownership by providing wholesale products and services that help member financial institutions expand the availability of mortgage credit, compete more effectively in their markets and foster strong and vibrant communities. With approximately $32.1 billion in assets and $1.7 billion in capital, FHLBank serves 796 banks, thrifts, credit unions and insurance companies throughout Colorado, Kansas, Nebraska and Oklahoma.