FDIC: Executive Management Report

Home


		Home > About FDIC > Financial Reports > Executive Management Report

Executive Management Report

Savings Association Insurance Fund
Statements of Financial Position
June 2002

Dollars in Millions	(Unaudited) June 30
	2002	2001
Assets	empty cell	empty cell
Cash and cash equivalents - unrestricted	$ 1,005	$ 53
Cash and other assets - restricted for	empty cell	empty cell
SAIF-member exit fees	307	292
Investment in U.S. Treasury obligations, net	9,923	11,095
Interest receivable on investments and other assets, net	167	197
Receivables from thrift resolutions, net	415	3
Total Assets	$11,817	$11,640
empty row	empty cell	empty cell
Liabilities	empty cell	empty cell
Accounts payable and other liabilities	$ 42	$ 9
Contingent liability for:	empty cell	empty cell
Anticipated failure of insured institutions	144	541
Litigation losses	1	6
SAIF-member exit fees and investment proceeds held in escrow	307	292
Total Liabilities	494	848
Fund Balance	empty cell	empty cell
Accumulated net income	11,163	10,691
Unrealized gain on available-for-sale securities, net	160	101
Total Fund Balance	11,323	10,792
empty row	empty cell	empty cell
Total Liabilities and Fund Balance	$11,817	$11,640

Last Updated 07/15/2002