301 Moved Permanently
301 Moved Permanently
openresty
|
Selected
Financial Data - First Quarter
2014
Fund Financial Results |
($
in millions) |
FSLIC
Resolution Fund |
|
|
Audited Dec-13 |
Quarterly Change |
Unaudited Mar-13 |
Year-Over-Year Change |
Cash and cash equivalents |
$872 |
$872 |
$- |
$3,594 |
($2,722) |
Accumulated deficit |
(124,460) |
(124,460) |
- |
(124,459) |
(1) |
Total resolution equity |
873 |
872 |
1 |
3,598 |
(2,725) |
Total revenue |
- |
3 |
|
1 |
(1) |
Operating expenses |
- |
2 |
|
1 |
(1) |
Goodwill litigation expenses |
- |
1 |
|
- |
- |
Payment/Recovery of tax benefits |
(1) |
(1) |
|
(2) |
1 |
Net Income (Loss) |
$1 |
($1) |
|
$1 |
$- |
Receivership
Selected Statistics March 2014 vs. March 2013 |
$ in millions |
DIF |
FRF |
ALL FUNDS |
|
Mar-14 |
Mar-13 |
Change |
Mar-14 |
Mar-13 |
Change |
Mar-14 |
Mar-13 |
Change |
Total Receiverships |
484 |
467 |
17 |
1 |
3 |
(2) |
485 |
470 |
15 |
Assets in Liquidation |
$10,246 |
$15,498 |
($5,252) |
$5 |
$6 |
($1) |
$10,251 |
$15,504 |
($5,253) |
YTD Collections |
$1,157 |
$2,367 |
($1,210) |
$1 |
$2 |
($1) |
$1,158 |
$2,369 |
($1,211) |
YTD Dividend/ Other Pymts - Cash |
$1,078 |
$768 |
$310 |
$- |
$- |
$- |
$1,078 |
$768 |
$310 |
Investment Portfolio Performance (as of March 31, 2014) |
Year |
Weighted Average Maturity (in years) |
Yield-to-Maturity |
2010 |
0.16 |
0.40% |
2011 |
0.64 |
0.41% |
2012 |
0.68 |
0.45% |
2013 |
1.41 |
0.45% |
3/2014 |
1.66 |
0.56% |
Beginning in 2013, the increase in the DIF portfolio's yield has been largely attributable to investing in longer-maturity securities coupled with a steeper yield curve environment. The portfolio's yield increased substantially by 20 basis points over the 15-month period between December 31, 2012 and March 31, 2014.
|