Bank Insurance Fund
Statements of Income and Fund Balance
June 2000

    (Unaudited)

      (Unaudited)

Dollars in Millions

    Year-to-Date:

Quarter Ending June 30

Revenue

Interest on U.S. Treasury obligations

$

  899

$

 857

$

  467

$

  437

Assessments

  24

  16

  7

  6

Interest on advances and subrogated claims

  3

  18

  1

  17

Revenue from assets acquired from assisted banks and terminated receiverships

  8

  4

  4

  1

Other revenue

  7

  7

  4

  3

Total Revenue

  941

  902

  483

  464

Expenses and Losses

Operating expenses

  364

  356

  188

  189

Insurance Losses/Expenses:

Provision for insurance losses

  270

  311

  250

  285

Expenses for assets acquired from assisted banks and

terminated receiverships

  9

  6

  4

  5

Interest and other insurance expenses

  5

  1

1

  1

Total Expenses and Losses

  648

  674

  443

  480

Net Income

  293

  228

  40

  (16)

Unrealized gain/(loss) on available-for-sale

securities, net (current period)

  73

  (9)

  1

  (5)

Comprehensive Income

  366

219

  41

  (21)

Fund Balance - Beginning

  29,414

29,612

  29,739

  29,852

Fund Balance - Ending

$

  29,780

$

29,831

$

  29,780

$

  29,831

BIF Revenue

Year

Interest US Treas Obs.

Total Revenue

Assessments

95

1.068

4.089

2.907

96

1.267

1.655

0.073

97

1.519

1.616

0.025

98

1.675

2.000

0.022

99

1.734

1.816

0.033

6/00

0.899

0.941

0.024

BIF Total vs. Operating Expenses

Year

Receivership

Operating Exp

Total Expenses

95

   0.81

0.47

1.28

96

   0.47

0.51

0.98

97

   0.26

0.61

0.87

98

   0.13

0.70

0.83

99

   0.11

0.73

0.84

6/00

 0.027

0.364

0.391

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