Attached files

file filename
10-Q - FORM 10-Q - Federal Home Loan Bank of San Franciscod10q.htm
EX-31.2 - CERTIFICATION OF THE CHIEF OPERATING OFFICER PURSUANT TO SECTION 302 - Federal Home Loan Bank of San Franciscodex312.htm
EX-31.1 - CERTIFICATION OF THE PRESIDENT AND CEO PURSUANT TO SECTION 302 - Federal Home Loan Bank of San Franciscodex311.htm
EX-31.4 - CERTIFICATION OF THE CONTROLLER PURSUANT TO SECTION 302 - Federal Home Loan Bank of San Franciscodex314.htm
EX-32.3 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 - Federal Home Loan Bank of San Franciscodex323.htm
EX-31.3 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - Federal Home Loan Bank of San Franciscodex313.htm
EX-32.1 - CERTIFICATION OF THE PRESIDENT AND CEO PURSUANT TO SECTION 906 - Federal Home Loan Bank of San Franciscodex321.htm
EX-10.1 - 2010 AUDIT EXECUTIVE INCENTIVE PLAN - Federal Home Loan Bank of San Franciscodex101.htm
EX-32.2 - CERTIFICATION OF THE CHIEF OPERATING OFFICER PURSUANT TO SECTION 906 - Federal Home Loan Bank of San Franciscodex322.htm
EX-32.4 - CERTIFICATION OF THE CONTROLLER PURSUANT TO SECTION 906 - Federal Home Loan Bank of San Franciscodex324.htm

EXHIBIT 99.1

Federal Home Loan Bank of San Francisco

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)

 

     Three Months Ended
(Dollars in millions)    March 31,
2010
   March 31,
2009

Earnings:

     

Income before assessments

   $ 126    $ 167

Fixed charges

     305      1,116

Total earnings

   $ 431    $ 1,283

Fixed charges:

     

Interest expense

   $ 305    $ 1,116

Estimated interest component of net rental expense(1)

         

Total fixed charges

   $ 305    $ 1,116

Ratio of earnings to fixed charges

     1.41      1.15

 

(1) Represents an estimated interest factor.