FDIC: Financial Analysis Report

Home


		Home > About FDIC > Financial Reports > Financial Analysis Report

Financial Analysis Report

Bank Insurance Fund
Balance Sheets
December 2003

Dollars in Millions	December 31	December 31
	2003	2002
Assets	empty cell	empty cell
Cash and cash equivalents	$ 2,544	$ 4,607
Investment in U.S. Treasury obligations, net
Held-to-maturity securities	16,293	16,710
Available-for-sale securities	14,210	10,823
Interest receivable on investments and other assets, net	551	484
Receivables from bank resolutions, net	511	505
Property and buildings, net	288	303
Total Assets	$ 34,397	$33,432
empty cell	empty cell	empty cell
Liabilities	empty cell	empty cell
Accounts payable and other liabilities	$ 232	$ 149
Contingent Liabilities for:	empty cell	empty cell
Anticipated failure of insured institutions	178	1,008
Litigation losses and other	205	225
Total Liabilities	615	1,382

Fund Balance	empty cell	empty cell
Accumulated net income	32,980	31,238
Unrealized gain on available-for-sale securities, net	802	812
Total Fund Balance	33,782	32,050
Total Liabilities and Fund Balance	$34,397	$33,432

Investment Portfolio Total Returns
Period	BIF	Merrill Lynch 1-10 Yr U.S. Treasury Index	Variance
Year-to-date (01/01/03 - 12/31/03)	3.042%	2.131%	0.911%
For the Year Ending (12/31/03)	9.201%	9.054%	0.147%
01/01/01 - 12/31/03 (Annualized)	6.563%	6.390%	0.173%

**Estimated Liabilities for Future Failures**
Year	Contingent Liability for anticipated failures	Estimated loss of actual failures
99	307	36
00	141	5
01	1,911	628
02	1,008	103
03	178	0

Last Updated 02/20/2004

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