FDIC: Executive Management Report

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Executive Management Report

Bank Insurance Fund
Statements of Financial Position
September 2002

Dollars in Millions	(Unaudited) September 30
	2002	2001
Assets	empty cell	empty cell
Cash and cash equivalents	$ 3,205	$ 121
Investment in U.S. Treasury obligations, net	28,672	31,416
Interest receivable on investments and other assets, net	490	532
Receivables from bank resolutions, net	600	88
Property and buildings, net	163	167
Software development and other capitalized assets, net	126	127
Total Assets	$ 33,256	$32,451
empty cell	empty cell	empty cell
Liabilities	empty cell	empty cell
Accounts payable and other liabilities	$ 143	$ 117
*Contingent Liabilities for:*	empty cell	empty cell
Anticipated failure of insured institutions	1,518	457
Litigation losses	206	37
Other contingencies	6	6
Total Liabilities	1,873	617
Fund Balance	empty cell	empty cell
Accumulated net income	30,499	31,402
Unrealized gain on available-for-sale securities, net	884	432
Total Fund Balance	31,383	31,834
Total Liabilities and Fund Balance	$33,256	$32,451

**BIF Asset Composition**
Year	Cash & Invest	Resolution	Other
96	22.3	4.4	0.5
97	26.8	1.2	0.6
98	28.2	0.8	0.9
99	28.4	0.8	0.7
00	30.1	0.4	0.9
01	31.6	0.1	0.9
09/02	31.9	0.8	0.8

Last Updated 10/15/2002

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