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The Federal Reserve

New Orleans Restaurant

The 2005 hurricane season made an indelible mark on the Southeast. Dennis, Wilma, and Rita took their toll, but Hurricane Katrina pummeled New Orleans and the Gulf Coast of Louisiana, Mississippi, and Alabama. The Atlanta Fed felt the blow just like countless businesses and individuals in the affected area. Throughout the fall season, staff at the New Orleans Branch showed amazing dedication to the Federal Reserve even as they tried to piece their own lives back together.

This year’s annual report is dedicated to the staff of the Federal Reserve Bank of Atlanta and to the people of the Gulf Coast region. The ruin inflicted upon so many of them in late August was quickly replaced by a resilience of spirit in the aftermath of the storms, and, by the end of 2005, residents and business owners were beginning to look ahead toward restoration of their way of life.
Message from the President Text | PDF (128 KB)
Ruin Text | PDF (314 KB)
     Down but not out Text
Resilience Text | PDF (151 KB)
     Holding the fort during and after the storm Text
     Making cash a priority Text
     A community banker who stepped up Text
Restoration Text | PDF (133 KB)
Milestones Text | PDF (114 KB)
Directors Text | PDF (386 KB)
Officers Text | PDF (108 KB)
Financial Reports* Text | PDF (535 KB)
Complete Issue*

PDF (1.7 MB)
* The 2005 Federal Reserve Bank of Atlanta annual report was printed and posted on our Web site with an inadvertent error in the Financial Notes section. Under number 6, “Bank premises, equipment, and software” (page 53), in the final column of the first table, the second number (for “buildings” in 2004) should be 245 ($ million) rather than 24 ($ million). This error has been corrected in both the text and PDF versions posted here. We apologize for any inconvenience this oversight may have caused.