FDIC: Executive Management Report

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Executive Management Report

Savings Association Insurance Fund
Balance Sheets
September 2003

Dollars in Millions	(Unaudited) September 30
	2003	2002
Assets	empty cell	empty cell
Cash and cash equivalents - unrestricted	$ 863	$ 1,622
Cash and other assets - restricted for	empty cell	empty cell
SAIF-member exit fees	317	309
Investment in U.S. Treasury obligations, net
Held-to-maturity securities	6,499	5,817
Available-for-sale securities	4,357	3,888
Interest receivable on investments and other assets, net	209	144
Receivables from thrift resolutions, net	283	275
Total Assets	$12,528	$12,055
empty row	empty cell	empty cell
Liabilities	empty cell	empty cell
Accounts payable and other liabilities	$22	$ 10
Contingent Liabilities for:	empty cell	empty cell
Anticipated failure of insured institutions	2	149
Litigation losses	1	1
SAIF-member exit fees and investment proceeds held in escrow	317	309
Total Liabilities	342	469

Fund Balance	empty cell	empty cell
Accumulated net income	11,874	11,279
Unrealized gain on available-for-sale securities, net	312	307
Total Fund Balance	12,186	11,586
empty row	empty cell	empty cell
Total Liabilities and Fund Balance	$12,528	$12,055

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