FDIC: Executive Management Report

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Executive Management Report

Savings Association Insurance Fund
Statements of Income and Fund Balance
June 2002

Dollars in Millions	(Unaudited) Year-to-Date:		(Unaudited) Quarter Ending June 30
	2002	2001	2002	2001
Revenue	empty cell	empty cell	empty cell	empty cell
Interest on U.S. Treasury obligations	$284	$338	$162	$174
Assessments	11	18	5	9
Realized gain on sale of U.S. Treasury obligations	0	16	0	16
Other revenue	1	2	0	1
Total Revenue	296	374	167	200
empty cell	empty cell	empty cell	empty cell	empty cell
Expenses and Losses	empty cell	empty cell	empty cell	empty cell
Operating expenses	61	49	33	26
Provision for insurance losses	(82)	310	(79)	310
Other expenses	0	0	0	0
Total Expenses and Losses	(21)	359	(46)	336
empty cell	empty cell	empty cell	empty cell	empty cell
Net Income	317	15	213	(136)
Unrealized gain/(loss) on available-for-sale securities, net (current period)	71	18	61	(45)
empty cell	empty cell	empty cell	empty cell	empty cell
Comprehensive Income/(Loss)	388	33	274	(181)
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Beginning	10,935	10,759	11,049	10,973
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Ending	$11,323	$10,792	$11,323	$10,792

**SAIF Revenue**
Year	Interest US Treas Obs.	Total Revenue	Assessments
96	0.254	5.502	5.222
97	0.535	0.550	0.014
98	0.563	0.584	0.015
99	0.586	0.601	0.015
00	0.644	0.664	0.019
01	0.634	0.733	0.035
06/02	0.284	0.296	0.011

Last Updated 07/15/2002

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