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
March 2003

Dollars in Millions	(Unaudited) Year-to-Date:		(Unaudited) Quarter Ending March
	2003	2002	2003	2002
Revenue	empty cell	empty cell	empty cell	empty cell
Interest on U.S. Treasury obligations	$130	$122	$130	$122
Assessments	4	6	4	6
Other revenue	0	1	0	1
Total Revenue	134	129	134	129
empty cell	empty cell	empty cell	empty cell	empty cell
Expenses and Losses	empty cell	empty cell	empty cell	empty cell
Operating expenses	29	28	29	28
Provision for insurance losses	(21)	(3)	(21)	(3)
Other expenses	0	0	0	0
Total Expenses and Losses	8	25	8	25
empty cell	empty cell	empty cell	empty cell	empty cell
Net Income	126	104	126	104
Unrealized gain on available-for-sale securities, net (current period)	33	10	33	10
empty cell	empty cell	empty cell	empty cell	empty cell
Comprehensive Income	159	114	159	114
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Beginning	11,747	10,935	11,747	10,935
empty cell	empty cell	empty cell	empty cell	empty cell
Fund Balance - Ending	$11,906	$11,049	$11,906	$11,049

Last Updated 04/29/2003

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