Attached files

file filename
EX-99.3 - Q&A: OPERATING RESULTS FOR THIRD QUARTER 2009 DATED OCTOBER 30, 2009 - Federal Home Loan Bank of San Franciscorrd255892_30175.htm
EX-99.1 - PRESS RELEASE DATED OCTOBER 29, 2009 - Federal Home Loan Bank of San Franciscorrd255892_30173.htm
EX-99.2 - SPECIAL ATTENTION BULLETIN NO. 1338 DATED OCTOBER 30, 2009 - Federal Home Loan Bank of San Franciscorrd255892_30174.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 29, 2009


FEDERAL HOME LOAN BANK OF SAN FRANCISCO
(Exact name of registrant as specified in its charter)


         

Federally chartered corporation

 

000-51398

 

94-6000630

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

600 California Street
San Francisco, CA 94108
(Address of principal executive offices, including zip code)

(415) 616-1000
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 2.02. Results of Operations and Financial Condition.

On October 29, 2009, the Federal Home Loan Bank of San Francisco (the "Bank") issued a press release announcing its operating results for the third quarter ended September 30, 2009. A copy of the press release is included as Exhibit 99.1 to this report. Copies of the Bank's member communication regarding the Bank's operating results for the third quarter 2009 and a Q&A that discusses issues relating to the Bank's operating results for the third quarter 2009, including the other-than-temporary impairment charge taken by the Bank in the third quarter of 2009, are included as Exhibit 99.2 and 99.3 to this report, respectively. The information contained in Exhibits 99.1, 99.2 and 99.3 is being furnished pursuant to Item 2.02 of this Current Report on Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 7.01. Regulation FD Disclosure.

To continue building retained earnings and preserve the Bank's capital, the Bank will not pay a dividend for the third quarter of 2009 and will not be repurchasing excess capital stock during the fourth quarter of 2009, as further discussed in the press release, a copy of which is attached as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(c)

Exhibits

 

 

 

 

 

99.1

Press Release, dated October 29, 2009, issued by the Federal Home Loan Bank of San Francisco

 

99.2

Special Attention Bulletin No. 1338 (Third Quarter 2009 Operating Results) dated October 30, 2009, issued by the Federal Home Loan Bank of San Francisco

 

99.3

Q&A: Operating Results for Third Quarter 2009, dated October 30, 2009


Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

Federal Home Loan Bank of San Francisco

     

Date:  October 30, 2009

 

By:               /s/ Lisa B. MacMillen                       

   

       Lisa B. MacMillen
       Executive Vice President and Chief Operating Officer

 


Exhibit Index

Exhibit No.

Description

 

 

99.1

Press Release, dated October 29, 2009, issued by the Federal Home Loan Bank of San Francisco

99.2

Special Attention Bulletin No. 1338 (Third Quarter 2009 Operating Results) dated October 30, 2009, issued by the Federal Home Loan Bank of San Francisco

99.3

Q&A: Operating Results for Third Quarter 2009, dated October 30, 2009