What Bank Makes The Most Money?

What bank made over $70 billion dollars in profit last year alone? It's not Bank of America (BAC), JPMorgan Chase (JPM), US Bancorp (USB), or Citigroup (C). The answer is the Federal Reserve. According to a Yahoo Finance article, the Federal Reserve has nearly $50 billion in profits last year. The Federal Reserve has been making a fortune off of its loans to banks during the financial crisis. The Fed increased the size of its balance sheet to prop up failing institutions. The Fed has over $2 trillion dollars on its balance sheet. These loans are not only good for the banking system but the U.S. taxpayer as well.