Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - Federal Home Loan Bank of Dallas | d71606e10vk.htm |
| EX-3.2 - EX-3.2 - Federal Home Loan Bank of Dallas | d71606exv3w2.htm |
| EX-99.1 - EX-99.1 - Federal Home Loan Bank of Dallas | d71606exv99w1.htm |
| EX-12.1 - EX-12.1 - Federal Home Loan Bank of Dallas | d71606exv12w1.htm |
| EX-31.1 - EX-31.1 - Federal Home Loan Bank of Dallas | d71606exv31w1.htm |
| EX-32.1 - EX-32.1 - Federal Home Loan Bank of Dallas | d71606exv32w1.htm |
| EX-31.2 - EX-31.2 - Federal Home Loan Bank of Dallas | d71606exv31w2.htm |
| EX-14.1 - EX-14.1 - Federal Home Loan Bank of Dallas | d71606exv14w1.htm |
Exhibit 99.2
Report of the Audit Committee
The 2009 Audit Committee of the Board of Directors of the Federal Home Loan Bank of Dallas (the
“Bank”) was comprised of seven directors. Two of these directors were originally appointed by the
Federal Housing Finance Board and one of them has since been elected by a plurality of the Bank’s
members at-large. Five of these directors were elected by the Bank’s member institutions; each was
elected to represent a particular state in the Bank’s district. The members of the 2009 Audit
Committee were Howard R. Hackney (Chairman), H. Gary Blankenship (Vice Chairman), Mary E. Ceverha,
Lee R. Gibson, Charles G. Morgan, Jr., Margo S. Scholin, and John B. Stahler.
The Audit Committee assists the Bank’s Board of Directors in fulfilling its oversight
responsibilities for: (1) the integrity of the Bank’s financial statements; (2) the establishment
of adequate control and governance processes; (3) the Bank’s compliance with legal and regulatory
requirements; (4) the independent auditors’ qualifications and independence; (5) the performance of
the Bank’s internal audit function and independent auditors; and (6) the Bank’s compliance with
internal policies and procedures.
The Audit Committee has adopted and is governed by a written charter, which is attached as Exhibit
99.1 to this Annual Report on Form 10-K for the fiscal year ended December 31, 2009.
The 2010 Audit Committee (the “Committee”) has reviewed and discussed the Bank’s 2009 audited
financial statements with management. The Committee has discussed with the independent auditors
the matters required to be discussed by Statement on Auditing Standards No. 61, as amended (AICPA,
Professional Standards, Vol. 1. AU section 380), as adopted by the Public Company Accounting
Oversight Board in Rule 3200T. The Committee has received the written disclosures and the letter
from the independent accountant required by applicable requirements of the Public Company
Accounting Oversight Board regarding the independent accountant’s communications with the Committee
concerning independence, and has discussed with the independent accountant the independent
accountant’s independence.
Based on the review and discussions referred to above, the Committee recommended to the Bank’s
Board of Directors that the 2009 audited financial statements be included in the Bank’s Annual
Report on Form 10-K for the year ended December 31, 2009.
Members of the 2010 Audit Committee
Howard R. Hackney, Chairman
Ron G. Wiser, Vice Chairman
Mary E. Ceverha
Lee R. Gibson
Charles G. Morgan, Jr.
Margo S. Scholin
John B. Stahler
Ron G. Wiser, Vice Chairman
Mary E. Ceverha
Lee R. Gibson
Charles G. Morgan, Jr.
Margo S. Scholin
John B. Stahler