Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank



Home > About FDIC > Financial Reports > Chief Financial Officer's (CFO) Report to the Board





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

Skip Left Navigation Links

DIF Income Statement - Fourth Quarter 2008

Fund Financial Results ($ in millions)
Income Statement
 
Unaudited
Dec
-08
Sep-08
Quarterly Change
Dec-07
Year-Over-Year Change
Assessments earned $2,965 $1,969 $996 $643 $2,322
Systemic risk revenue 715 0 0 0 715
Interest earned on investment securities 2,072 1,795 277 2,540 (468)
Other revenue 31 18 13 14 17
Realized gain on sale of securities 775 473 302 0 775
Total Revenue $6,558 $4,255 $2,303 $3,197 $3,361
Operating expenses (includes depreciation expense) 1,033 743 290 993 40
Systemic risk expenses 715 0 715 0 715
Provision for insurance losses 40,226 22,676 17,550 95 40,131
Other expenses 4 1 3 3 1
Total Expenses & Losses $41,978 $23,420 $18,558 $1,091 $40,887
Net (Loss)/Income ($35,420) ($19,165) ($16,225) $2,106 ($37,526)
Unrealized gain/(loss) on available-for-sale securities, net 1,891 1,340 551 125 1,766
Unrealized postretirement benefit gain/(loss) 5 0 5 17 (12)
YTD Comprehensive (Loss)/Income ($33,524) ($17,825) ($15,699) $2,248 ($35,772)

FDIC Investment Portfolio as of December 31, 2008

FDIC Investment Portfolio as of December 31, 2008
 
$ in billions
Percentage
Overnight investments
0.971 3
Available-for-Sale Securities
28.3 97
Total market value = $29 billion

FDIC Investment Portfolio as of September 30, 2008
FDIC Investment Portfolio as of September 30, 2008
 
$ in billions
Percentage
Overnight investments
0.851 3
Available-for-Sale Securities
33.0 97
Total market value = $34 billion


Last Updated 03/17/2009 dofbusinesscenter@fdic.gov

Skip Footer back to content