301 Moved Permanently
301 Moved Permanently
openresty
 |
Selected
Financial Data - Fourth Quarter
2014
| Fund Financial Results |
($
in millions) |
| FSLIC
Resolution Fund |
| |
|
Unaudited Sep-14 |
Quarterly Change |
Audited
Dec-13 |
Year-Over-Year Change |
Cash and cash equivalents |
$871 |
$871 |
$- |
$872 |
($1) |
| Accumulated deficit |
(124,461) | (124,461) |
- |
(124,460) |
(1) |
| Total resolution equity |
871 |
872 |
(1) |
872 |
(1) |
| Total revenue |
1 |
1 |
- |
3 |
(2) |
| Operating expenses |
2 |
1 |
1 |
2 |
- |
| Goodwill litigation expenses |
- |
- |
- |
1 |
(1) |
| Provision for losses |
(1) |
(1) |
- |
(1) |
- |
| Net Income (Loss) |
($1) |
$- |
($1) |
($1) |
$- |
| Receivership
Selected Statistics December 2014 vs. December 2013 |
| $ in millions |
DIF |
FRF |
ALL FUNDS |
| |
Dec-14 |
Dec-13 |
Change |
Dec-14 |
Dec-13 |
Change |
Dec-14 |
Dec-13 |
Change |
Total Receiverships |
481 |
479 |
2 |
- |
1 |
(1) |
481 |
480 |
1 |
| Assets in Liquidation |
$7,671 |
$11,299 |
($3,628) |
$5 |
$5 |
- |
$7,676 |
$11,304 |
($3,628) |
| YTD Collections |
$6,190 |
$8,835 |
($2,645) |
$2 |
$4 |
($2) |
$6,192 |
$8,839 |
($2,647) |
| YTD Dividend/ Other Pymts - Cash |
$4,148 |
$5,690 |
($1,542) |
$- |
$- |
$- |
$4,148 |
$5,690 |
($1,542) |
| Summary Breakdown of 2014 Adjustments to the Estimated Losses for Failed Banks |
Total Adjustments |
Shared-Loss Liability |
Non-Asset Collection Activity |
Asset Recoveries, Valuation, and Other Adjs. |
($9.1) |
($6.7) |
($1.8) |
($0.6) |
|
