EX-12.1 4 fhlb-atlq42017ex121.htm RATIO OF EARNINGS TO FIXED CHARGES Exhibit


Exhibit 12.1




Ratio of Earnings to Fixed Charges
(Dollars in millions)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Years Ended December 31,
 
 
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings:
 
 
 
 
 
 
 
Income before assessments
 
$
388

 
$
309

 
$
334

 
$
301

 
$
375

 
Fixed charges
 
1,362

 
772

 
365

 
355

 
450

Earnings available for fixed charges
 
$
1,750

 
$
1,081

 
$
699

 
$
656

 
$
825

 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 


 
 
 
 
 
 
 
 
 
Interest on consolidated obligations
 
$
1,351

 
$
768

 
$
364

 
$
354

 
$
448

 
Interest on deposits
 
11

 
4

 
—

 
—

 
1

 
Mandatorily redeemable capital stock
 
—

 
—

 
1

 
1

 
1

Fixed charges
 
$
1,362

 
$
772

 
$
365

 
$
355

 
$
450

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
1.28

 
1.40

 
1.92

 
1.85

 
1.83