https://www.federalreserve.gov/aboutthefed/section7.htm
Section 7. Division of Earnings
(a) Dividends And Surplus Funds Of Reserve Banks.
"Stockholder Dividends.
Dividend Amount. After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders of the bank shall be entitled to receive an annual dividend on paid-in capital stock of--
in the case of a stockholder with total consolidated assets of more than $10,000,000,000, the smaller of--
the rate equal to the high yield of the 10-year Treasury note auctioned at the last auction held prior to the payment of such dividend; and
6 percent; and
in the case of a stockholder with total consolidated assets of $10,000,000,000 or less, 6 percent."..."
© Exemption From Taxation. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate."
Section 7. Division of Earnings
(a) Dividends And Surplus Funds Of Reserve Banks.
"Stockholder Dividends.
Dividend Amount. After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders of the bank shall be entitled to receive an annual dividend on paid-in capital stock of--
in the case of a stockholder with total consolidated assets of more than $10,000,000,000, the smaller of--
the rate equal to the high yield of the 10-year Treasury note auctioned at the last auction held prior to the payment of such dividend; and
6 percent; and
in the case of a stockholder with total consolidated assets of $10,000,000,000 or less, 6 percent."..."
© Exemption From Taxation. Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate."