Report to Congress: Examination of Financial Statements of the Federal Home Loan Bank Board for the Year Ended December 31, 19691970 - 17 pages |
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12 Federal home Accounting Office accounting prescribed ACCOUNTS RECEIVABLE accounts relating acquire real property acquisition of land agencies Leases--Federal Home annual audit application of funds asso authorized the Board Bank Board property basis consistent Board at December Board's Office calendar year 1969 charter Federal savings Columbia for acquisition Comptroller condemnation proceedings construct and equip direct the operations District of Columbia district supervisory agents ended December 31 equip such buildings Examination fees examinations and audits Examinations and Supervision fairly the financial Federal and insured Federal home loan Home Loan Bank income and expenses incurred costs insured associations insured State-chartered savings January 17 Loan Bank Act Loan Bank Board Loan Insurance Corporation Office of Examinations preparation for construction principles and standards RECOMMENDATIONS OR SUGGESTIONS RETAINED EARNINGS savings and loan Services Administration sources and application standards of accounting statement of revenue STATEMENT OF SOURCES tions Total assets U.S. District Court unsafe or unsound
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Page 7 - December 31, 1988, and the results of its operations and the changes in its financial position for the year then ended in accordance with generally accepted accounting principles applied on a basis consistent with that of the preceding year.
Page 12 - RETAINED EARNINGS AT BEGINNING OF YEAR RETAINED EARNINGS AT END OF YEAR (sch.
Page 5 - Such advances shall be in addition to the assessments authorized in subsection (b) and shall be apportioned by the board among the banks in proportion to the total assets of the respective banks, determined in such manner and as of such times as the board may prescribe. Each such advance shall bear interest at the rate of...
Page 1 - ... (b) Section 5B of the Federal Home Loan Bank Act (12 USC 1425b) is amended to read as follows : "Sec. 5B. (a) The Board may from time to time, after consulting with the Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation...
Page 6 - Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records as we considered necessary in the circumstances.
Page 3 - State-chartered associations applying for insurance of accounts by the Federal Savings and Loan Insurance Corporation and membership in the Federal Home Loan Bank System and 250 miscellaneous examinations.