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2319301 - Disclosure - Estimated Fair Values (Tables)
(http://www.fhlbatl.com/role/EstimatedFairValuesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Fair Value Disclosures [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Fair Value Disclosures [Abstract]
 
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Estimated Fair Value Measurements on a Recurring Basis. The following tables present, for each fair value hierarchy level, the Bank’s financial assets and liabilities that are measured at fair value on a recurring basis on its Statements of Condition.

 
As of December 31, 2016
 
Fair Value Measurements Using
 
Netting Adjustment (1)
 
 
 
Level 1        
 
Level 2        
 
Level 3        
 
Total
Assets
 
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
 
  Government-sponsored enterprises debt obligations
$

 
$
261

 
$

 
$

 
$
261

  State or local housing agency debt obligations

 
1

 

 

 
1

Total trading securities

 
262

 

 

 
262

Available-for-sale securities:
 
 
 
 
 
 
 
 
 
  Private-label residential MBS

 

 
1,345

 

 
1,345

Derivative assets:
 
 
 
 
 
 
 
 
 
  Interest-rate related

 
282

 

 
73

 
355

Grantor trust (included in Other assets)
37

 

 

 

 
37

Total assets at fair value
$
37

 
$
544

 
$
1,345

 
$
73

 
$
1,999

Liabilities
 
 
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
 
 
Interest-rate related
$

 
$
1,073

 
$

 
$
(966
)
 
$
107

Total liabilities at fair value
$

 
$
1,073

 
$

 
$
(966
)
 
$
107

____________ 
(1) Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions and also cash collateral held or placed with the same clearing agents and/or counterparties.

 
As of December 31, 2015
 
Fair Value Measurements Using
 
Netting Adjustment (1)    
 
 
 
Level 1        
 
Level 2        
 
Level 3        
 
Total
Assets
 
 
 
 
 
 
 
 
 
Trading securities:
 
 
 
 
 
 
 
 
 
  Government-sponsored enterprises debt obligations
$

 
$
1,212

 
$

 
$

 
$
1,212

  Another FHLBank’s bond

 
52

 

 

 
52

  State or local housing agency debt obligations

 
1

 

 

 
1

Total trading securities

 
1,265

 

 

 
1,265

Available-for-sale securities:
 
 
 
 
 
 
 
 
 
  Private-label residential MBS

 

 
1,662

 

 
1,662

Derivative assets:
 
 
 
 
 
 
 
 
 
  Interest-rate related

 
337

 

 
(161
)
 
176

Grantor trust (included in Other assets)
31

 

 

 

 
31

Total assets at fair value
$
31

 
$
1,602

 
$
1,662

 
$
(161
)
 
$
3,134

Liabilities
 
 
 
 
 
 
 
 
 
Derivative liabilities:
 
 
 
 
 
 
 
 
 
Interest-rate related
$

 
$
1,551

 
$

 
$
(1,427
)
 
$
124

Total liabilities at fair value
$

 
$
1,551

 
$

 
$
(1,427
)
 
$
124

____________ 
(1) Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions and also cash collateral held or placed with the same clearing agents and/or counterparties.
 
 
Reconciliation of Available-For-Sale Securities Measured at Fair Value
The following table presents a reconciliation of available-for-sale securities that are measured at fair value on a recurring basis using significant unobservable inputs (Level 3).
 
 
For the Years Ended December 31,
 
2016
 
2015
 
2014
Balance, beginning of year
$
1,662

 
$
1,981

 
$
2,299

Total (losses) gains realized and unrealized: (1)
 
 
 
 
 
  Included in net impairment losses recognized in earnings
(3
)
 
(5
)
 
(3
)
 Included in other comprehensive income
29

 
(23
)
 
(7
)
     Accretion of credit losses in net interest income
53

 
42

 
34

Settlements
(396
)
 
(333
)
 
(342
)
Balance, end of year
$
1,345

 
$
1,662

 
$
1,981

____________ 
(1) 
Related to available-for-sale securities held at year end.

 
 
Fair Value Measurements, Nonrecurring [Table Text Block]
The following table presents the fair value hierarchy and carrying value of all assets as of the last impairment date that were still held as of December 31, 2015, for which a nonrecurring fair value adjustment was recorded during the period presented. The carrying value for each of the assets presented in the following table was less than $1 as of December 31, 2016.
 
As of December 31, 2015
 
Fair Value Measurements Using
 
 
 
Level 1        
 
Level 2        
 
Level 3        
Total
Mortgage loans held for portfolio
$

 
$

 
$
1

 
$
1

Real estate owned (included in Other assets)

 

 
3

 
3

Total nonrecurring assets at fair value
$

 
$

 
$
4

 
$
4

 
 
Carrying Values and Estimated Fair Values
The following tables present the carrying values and estimated fair values of the Bank’s financial instruments.
 
 
As of December 31, 2016
 
 
 
Estimated Fair Value
 
Carrying Value
 
Total        
 
Level 1        
 
Level 2        
 
Level 3        
 
Netting Adjustment (1)
Assets:
 
 
 
 
 
 
 
 
 
 
 
 Cash and due from banks
$
1,815

 
$
1,815

 
$
1,815

 
$

 
$

 
$

 Interest bearing-deposits
1,106

 
1,106

 

 
1,106

 

 

 Securities purchased under agreements to resell
1,386

 
1,386

 

 
1,386

 

 

 Federal funds sold
7,770

 
7,770

 

 
7,770

 

 

 Trading securities
262

 
262

 

 
262

 

 

 Available-for-sale securities
1,345

 
1,345

 

 

 
1,345

 

 Held-to-maturity securities
24,641

 
24,633

 

 
23,843

 
790

 

 Advances
99,077

 
99,062

 

 
99,062

 

 

 Mortgage loans held for portfolio, net
523

 
569

 

 
569

 

 

 Accrued interest receivable
171

 
171

 

 
171

 

 

 Derivative assets
355

 
355

 

 
282

 

 
73

    Grantor trust assets (included in Other assets)
37

 
37

 
37

 

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 Interest-bearing deposits
1,118

 
1,118

 

 
1,118

 

 

 Consolidated obligations, net:
 
 
 
 
 
 
 
 
 
 
 
Discount notes
41,292

 
41,293

 

 
41,293

 

 

Bonds
88,647

 
88,768

 

 
88,768

 

 

 Mandatorily redeemable capital stock
1

 
1

 
1

 

 

 

 Accrued interest payable
128

 
128

 

 
128

 

 

 Derivative liabilities
107

 
107

 

 
1,073

 

 
(966
)
____________ 
(1) 
Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions and also cash collateral held or placed with the same clearing agents and/or counterparties.

 
As of December 31, 2015
 
 
 
Estimated Fair Value
 
Carrying Value
 
Total        
 
Level 1        
 
Level 2        
 
Level 3        
 
Netting Adjustment (1)
Assets:
 
 
 
 
 
 
 
 
 
 
 
 Cash and due from banks
$
1,751

 
$
1,751

 
$
1,751

 
$

 
$

 
$

 Interest bearing-deposits
1,088

 
1,088

 

 
1,088

 

 

 Securities purchased under agreements to resell
2,500

 
2,500

 

 
2,500

 

 

 Federal funds sold
5,421

 
5,421

 

 
5,421

 

 

 Trading securities
1,265

 
1,265

 

 
1,265

 

 

 Available-for-sale securities
1,662

 
1,662

 

 

 
1,662

 

 Held-to-maturity securities
23,239

 
23,263

 

 
22,179

 
1,084

 

 Advances
104,168

 
104,021

 

 
104,021

 

 

 Mortgage loans held for portfolio, net
584

 
647

 

 
646

 
1

 

 Accrued interest receivable
171

 
171

 

 
171

 

 

 Derivative assets
176

 
176

 

 
337

 

 
(161
)
    Grantor trust assets (included in Other assets)
31

 
31

 
31

 

 

 

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 Interest-bearing deposits
1,084

 
1,084

 

 
1,084

 

 

 Consolidated obligations, net:
 
 
 
 
 
 
 
 
 
 
 
Discount notes
69,434

 
69,432

 

 
69,432

 

 

Bonds 
63,953

 
63,940

 

 
63,940

 

 

 Mandatorily redeemable capital stock
14

 
14

 
14

 

 

 

 Accrued interest payable
127

 
127

 

 
127

 

 

 Derivative liabilities
124

 
124

 

 
1,551

 

 
(1,427
)

____________ 
(1) 
Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions and also cash collateral held or placed with the same clearing agents and/or counterparties.