301 Moved Permanently
301 Moved Permanently
openresty
 |
Selected
Financial Data - Second Quarter
2011
| Fund Financial Results |
($
in millions) |
| FSLIC
Resolution Fund |
| |
Unaudited Jun-11 |
Unaudited
Mar-11 |
Quarterly Change |
Unaudited
Jun-10 |
Year-Over-Year Change |
Cash and cash equivalents |
$3,525 |
$3,548 |
($23) |
$3,497 |
$28 |
| Accumulated deficit |
(124,278) |
(124,224) |
(54) |
(124,284) |
6 |
| Total resolution equity |
3,548 |
3,568 |
(20) |
3,570 |
(22) |
| Total revenue |
3 |
2 |
|
9 |
(6) |
| Operating expenses |
2 |
2 |
|
2 |
- |
| Goodwill litigation expenses |
33 |
- |
|
- |
33 |
| Recovery of tax benefits |
26 |
- |
|
(58) |
84 |
| Net Income (Loss) |
($54) |
$- |
|
$65 |
($119) |
| Receivership
Selected Statistics June 2011 vs. June 2010 |
| |
DIF |
FRF |
ALL FUNDS |
| Year-to-Date ($ in millions) |
Jun-11 |
Jun-10 |
Change |
Jun-11 |
Jun-10 |
Change |
Jun-11 |
Jun-10 |
Change |
Total Receiverships |
384 |
265 |
119 |
8 |
8 |
- |
392 |
273 |
119 |
| Assets in Liquidation |
$24,001 |
$39,469 |
($15,468) |
$25 |
$28 |
($3) |
$24,026 |
$39,497 |
($15,471) |
| YTD Collections |
$65,686 |
$10,809 |
$54,877 |
$1 |
$12 |
($11) |
$65,687 |
$10,821 |
$54,866 |
| YTD Dividend or other Pmts - Cash |
$5,554 |
$4,217 |
$1,337 |
$- |
$- |
$- |
$5,554 |
$4,217 |
$1,337 |
Bank Failures Average Total Assets and Estimated Losses by Year of Failure ($
in millions and average estimated losses as % of average assets) |
Year |
Average Total Assets |
Average Total Estimated Losses |
Average Estimated Losses as a % of Average Assets |
| 2008 |
2,606* |
820 |
31% |
| 2009 |
1,223 |
262 |
21% |
| 2010 |
594 |
145 |
24% |
| 2011 |
416 |
82 |
20% |
|
