Chief Financial Officer's (CFO) Report to the Board

Selected Financial Data - Third Quarter 2017

Fund Financial Results

($ in millions)

FSLIC Resolution Fund
	Sep-17	Jun -17	Quarterly Change	Sep -16	Year-Over-Year Change
Cash and cash equivalents	$883	$881	$2	$873	$10
Accumulated deficit	(124,606)	(124,607)	1	(124,616)	10
Total resolution equity	884	882	2	873	11
Total revenue	5	3	2	4	1
Operating expenses	0	0	0	3	(3)
Losses related to thrift resolutions	0	0	0	0	0
Net Income (Loss)	$5	$3	2	2	$3

Receivership Selected Statistics June 2017 vs. June 2016

$ in millions	DIF			FRF			ALL FUNDS
	Sep-17	Sep-16	Change	Sep-17	Sep-16	Change	Sep-17	Sep-16	Change
Total Receiverships	367	404	(37)	-	-	-	367	404	(37)
Assets in Liquidation	$4,971	$3,756	$1,215	$2	$2	-	$4,973	$3,758	$1,215
YTD Collections	$1,260	$1,289	($29)	$1	$2	($1)	$1,261	$1,291	($30)
YTD Dividend/ Other Pymts - Cash	$1,448	$3,296	($1,848)	-	-	-	$1,448	$3,296	($1,848)

Concentration of Credit Risk in Receivables from Resolutions as of September 30, 2017 ($ in billions)
	Dollars	Percentage
California	$10.08	51
38 States	$3.28	16
Florida	$1.88	9
Puerto Rico	$2.18	11
Louisiana	$2.58	13

The repayment of the receivables from resolutions is primarily influenced by recoveries on assets held by DIF receiverships and receivership payments on the covered assets under shared-loss agreements.  The majority of the remaining assets in liquidation ($5.0 billion) and current shared-loss covered assets ($14.6 billion), which together total $19.6 billion, are concentrated in failed institutions located in California, Louisiana, Puerto Rico, and Florida.

Of the $19.6 billion total balance, $16.4 billion (84%) is concentrated in California, Louisiana, Puerto Rico, and Florida.