fhlb advances and other borrowings fhlb advances 2014the company had $ 0.7 billion in floating-rate and $ 0.2 billion in fixed-rate fhlb advances at both december 31 , 2013 and 2012 .the floating-rate advances adjust quarterly based on the libor .during the year ended december 31 , 2012 , $ 650.0 million of fixed-rate fhlb advances were converted to floating-rate for a total cost of approximately $ 128 million which was capitalized and will be amortized over the remaining maturities using the effective interest method .in addition , during the year ended december 31 , 2012 , the company paid down in advance of maturity $ 1.0 billion of its fhlb advances and recorded $ 69.1 million in losses on the early extinguishment .this loss was recorded in the gains ( losses ) on early extinguishment of debt line item in the consolidated statement of income ( loss ) .the company did not have any similar transactions for the years ended december 31 , 2013 and 2011 .as a condition of its membership in the fhlb atlanta , the company is required to maintain a fhlb stock investment currently equal to the lesser of : a percentage of 0.12% ( 0.12 % ) of total bank assets ; or a dollar cap amount of $ 20 million .additionally , the bank must maintain an activity based stock investment which is currently equal to 4.5% ( 4.5 % ) of the bank 2019s outstanding advances at the time of borrowing .the company had an investment in fhlb stock of $ 61.4 million and $ 67.4 million at december 31 , 2013 and 2012 , respectively .the company must also maintain qualified collateral as a percent of its advances , which varies based on the collateral type , and is further adjusted by the outcome of the most recent annual collateral audit and by fhlb 2019s internal ranking of the bank 2019s creditworthiness .these advances are secured by a pool of mortgage loans and mortgage-backed securities .at december 31 , 2013 and 2012 , the company pledged loans with a lendable value of $ 3.9 billion and $ 4.8 billion , respectively , of the one- to four-family and home equity loans as collateral in support of both its advances and unused borrowing lines .other borrowings 2014prior to 2008 , etbh raised capital through the formation of trusts , which sold trust preferred securities in the capital markets .the capital securities must be redeemed in whole at the due date , which is generally 30 years after issuance .each trust issued floating rate cumulative preferred securities ( 201ctrust preferred securities 201d ) , at par with a liquidation amount of $ 1000 per capital security .the trusts used the proceeds from the sale of issuances to purchase floating rate junior subordinated debentures ( 201csubordinated debentures 201d ) issued by etbh , which guarantees the trust obligations and contributed proceeds from the sale of its subordinated debentures to e*trade bank in the form of a capital contribution .the most recent issuance of trust preferred securities occurred in 2007 .the face values of outstanding trusts at december 31 , 2013 are shown below ( dollars in thousands ) : trusts face value maturity date annual interest rate .
[['trusts', 'face value', 'maturity date', 'annual interest rate'], ['etbh capital trust ii', '$ 5000', '2031', '10.25% ( 10.25 % )'], ['etbh capital trust i', '20000', '2031', '3.75% ( 3.75 % ) above 6-month libor'], ['etbh capital trust v vi viii', '51000', '2032', '3.25%-3.65% ( 3.25%-3.65 % ) above 3-month libor'], ['etbh capital trust vii ix 2014xii', '65000', '2033', '3.00%-3.30% ( 3.00%-3.30 % ) above 3-month libor'], ['etbh capital trust xiii 2014xviii xx', '77000', '2034', '2.45%-2.90% ( 2.45%-2.90 % ) above 3-month libor'], ['etbh capital trust xix xxi xxii', '60000', '2035', '2.20%-2.40% ( 2.20%-2.40 % ) above 3-month libor'], ['etbh capital trust xxiii 2014xxiv', '45000', '2036', '2.10% ( 2.10 % ) above 3-month libor'], ['etbh capital trust xxv 2014xxx', '110000', '2037', '1.90%-2.00% ( 1.90%-2.00 % ) above 3-month libor'], ['total', '$ 433000', '', '']]
.

Question: what was the ratio of the company investment in fhlb stock of for 2013 to 2012
Answer: 0.91
Explanation: in 2013 the company investment $ 0.91 in fhlb stock for each $ 1 in 2012