FDIC: Executive Management Report

Home


		Home > About FDIC > Financial Reports > Executive Management Report

Executive Management Report

Savings Association Insurance Fund
Statements of Income and Fund Balance
September 2001

Dollars in Millions	(Unaudited) Year-to-Date:		(Unaudited) Quarter Ending September 30
	2001	2000	2001	2000
Revenue	empty cell	empty cell	empty cell	empty cell
Interest on U.S. Treasury obligations	$494	$479	$156	$164
Assessments	27	14	9	5
Realized gain on sale of U.S. Treasury obligations	28	0	12	0
Revenue from assets acquired by the Corporation	2	0	0	0
Other revenue	4	0	4	0
Total Revenue	555	493	181	169
empty cell	empty cell	empty cell	empty cell	empty cell
Expenses and Losses	empty cell	empty cell	empty cell	empty cell
Operating expenses	74	79	25	27
Provision for insurance losses	509	35	199	(8)
Other expenses	4	9	4	9
Total Expenses and Losses	587	123	228	28
empty cell	empty cell	empty cell	empty cell	empty cell
Net Income	(32)	370	(47)	141
Unrealized gain on available-for-sale securities, net (current period)	88	55	70	27
empty cell	empty cell	empty cell	empty cell	empty cell
Comprehensive Income	56	425	23	168
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Beginning	10,759	10,281	10,792	10,538
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Ending	$10,815	$10,706	$10,815	$10,706

**SAIF Revenue**
Year	Interest US Treas Obs.	Total Revenue	Assessments
96	.254	5.502	5.222
97	.535	0.550	0.014
98	.563	0.584	0.015
99	.586	0.601	0.015
00	.644	0.664	0.019
9/01	.494	0.555	0.027

Last Updated 11/23/2001

Home Contact Us Search Help SiteMap Forms
Freedom of Information Act (FOIA) Service Center Website Policies USA.gov