Chief Financial Officer's (CFO) Report to the Board
|Fund Financial Results||($ in millions)|
Concentration of Credit Risk in Receivables from Resolutions as of September 2018
|Puerto Rico||$1.2 billion||10%|
|35 states||$1.1 billion||10%|
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 ($1.2 billion) and current shared-loss covered assets ($10.7 billion), which together total $11.9 billion, are concentrated in failed institutions located in California, Puerto Rico, Florida, and Texas.