secwatch.observer — SEC 8-K summary
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Issuer:     Federal Home Loan Bank of New York (—)
CIK:        0001329842
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001654954-24-005008
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FHLB New York reports Q1 net income $220.5M, up 11.1% YoY
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- Net income $220.5M, +11.1% vs $198.5M in Q1 2023.
- Net interest income $265.0M, +15.4% driven by higher average assets and yield.
- ROE (annualized) 10.58%, up from 9.61% in prior-year quarter.
- Total assets $159.6B (+0.8% from Dec 31); advances $108.3B par (-1.4%).
- Allocated $24.5M from Q1 earnings to Affordable Housing Program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329842/000165495424005008/0001654954-24-005008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329842/000165495424005008/fhlbny_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-005008

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