undivided profits
(9) Undivided profits The term “undivided profits” means earnings retained after dividends have been paid minus the sum of— (A) that portion required to be added to reserves maintained pursuant to the first 2 sentences of section 1436 of this title ; and (B) the dollar amounts held by the respective Federal Home Loan Banks in special dividend stabilization reserves on December 31, 1985 , as determined by the table set forth in section 1441(d)(7) of this title .