February 22, 2018 10:28 PM ET

Thrifts and Mortgage Finance

Company Overview of Federal Home Loan Bank of Dallas

Company Overview

Federal Home Loan Bank of Dallas, a federally chartered corporation, provides various financial products and services. The company raises funds by issuing debt in the capital markets and lending the proceeds to member institutions. It offers various types of advances, such as fixed-rate fixed-term advances; fixed-rate amortizing, variable-rate, putable, symmetrical prepayment, and expander advances. The company also provides community investment cash advances; affordable housing program, which offer grants to projects for the development of rental and owner occupied housing for low income households; letters of credit; correspondent banking and collateral services, including overnight and te...

8500 Freeport Parkway South

Suite 600

Irving, TX 75063

United States

Founded in 1932

206 Employees

Phone:

214-441-8500

Fax:

214-441-8552

Key Executives for Federal Home Loan Bank of Dallas

President & CEO
Age: 48
Executive VP & CFO
Age: 54
Executive VP & Chief Strategy Officer
Age: 64
Executive VP and Group Head of Members & Markets
Age: 50
Executive VP & Head of Capital Markets
Age: 44
Compensation as of Fiscal Year 2017.

Federal Home Loan Bank of Dallas Key Developments

Federal Home Loan Bank of Dallas Appoints Jim Petty to Affordable Housing Advisory Council

The Federal Home Loan Bank of Dallas announced the appointment of Jim Petty to companies’ 2018 Affordable Housing Advisory Council (Advisory Council). His two-year term began January 1, 2018 and will expire December 31, 2019. Mr. Petty is the owner, president and CEO of Strategic Realty Developers. He was previously employed by ERC Properties Inc. from 1992 to 2007, where he held various positions including his last position as executive vice president and chief financial officer. Mr. Petty has been a panelist and speaker at numerous industry conferences such as Novogradac & Company CPAs and Spectrum Enterprises. He was president of the Arkansas Society of CPAs where he also served two different terms on the board and was recognized as the Outstanding CPA in Business and Industry in 2003. He is currently a member of the Van Buren City Council.

Federal Home Loan Bank of Dallas Announces Earnings Results for the Quarter and Nine Months Ended September 30, 2017

Federal Home Loan Bank of Dallas announced earnings results for the quarter and nine months ended September 30, 2017. For the quarter, the company reported net interest income of $62.492 million compared to $44.668 million a year ago. Net interest income was $40.013 million compared to $21.763 million a year ago. For the nine month, the company reported net interest income of $176.752 million compared to $118.215 million a year ago. Net interest income was $118.914 million compared to $50.600 million a year ago.

Federal Home Loan Bank of Dallas Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Federal Home Loan Bank of Dallas reported unaudited earnings results for the second quarter and six months ended June 30, 2017. The company reported net income $43,763,000 compared to $21,189,000 a year ago. Net interest income was $61,514,000 compared to $37,813,000 a year ago. For the six months, the company reported net income $78,901,000 compared to $29,475,000 a year ago. Net interest income was $114,260,000 compared to $73,547,000 a year ago.

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