|
|
DIF
Income Statement - Fourth Quarter 2009
| Fund Financial Results |
($
in millions) |
| Income
Statement |
| |
Unaudited Dec-09 |
Unaudited Sep-09 |
Quarterly Change |
Audited
Dec-08 |
Year-Over-Year Change |
Assessments earned |
$17,753 |
$14,675 |
$3,078 |
$2,965 |
$14,788 |
| Systemic risk revenue |
1,043 |
972 |
71 |
1,464 |
(421) |
| Interest earned on U.S. Treasury obligations |
704 |
628 |
76 |
2,072 |
(1,368) |
| Realized gain on sale of securities |
1,389 |
1,389 |
- |
775 |
614 |
| Other revenue |
3,437 |
699 |
2,738 |
31 |
3,406 |
| Total Revenue |
$24,326 |
$18,363 |
$5,963 |
$7,307 |
$17,019 |
| Operating expenses (includes depreciation expense) |
1,271 |
892 |
379 |
1,033 |
238 |
| Systemic risk expenses |
1,043 |
972 |
71 |
1,464 |
(421) |
| Provision for insurance losses |
57,722 |
39,946 |
17,776 |
41,839 |
15,883 |
| Other expenses |
17 |
14 |
3 |
4 |
13 |
| Total
Expenses & Losses |
$60,053 |
$41,824 |
$18,229 |
$44,340 |
$15,713 |
| Net Income/(Loss) |
(35,727) |
(23,461) |
(12,266) |
(37,033) |
1,306 |
| Unrealized gain/(loss) on U.S. Treasury investments, net |
(2,108) |
(2,058) |
(50) |
1,891 |
(3,999) |
| Unrealized gain/(loss) on trust preferred securities |
(263) |
- |
(263) |
0 |
(263) |
| Unrealized postretirement benefit gain/(loss) |
(28) |
- |
(28) |
5 |
(33) |
| YTD Comprehensive Income/(Loss) |
($38,126) |
($25,519) |
($12,607) |
($35,137) |
($2,989) |
| Covered
Assets, Liability, and Payments for Loss Sharing
Agreements for Bank Failures by Quarter ($ in millions) |
|
Covered Assets |
Liability |
Payments-to-Date |
4th
Qtr 2008 |
$14,077 |
$2,221 |
$144 |
1st
Qtr 2009* |
$16,155 |
$2,778 |
$187 |
2nd
Qtr 2009 |
$12,587 |
$3,942 |
$431 |
3rd
Qtr 2009 |
$39,085 |
$6,881 |
$130 |
4th
Qtr 2009 |
$44,533 |
$6,423 |
$0 |
*Includes
IndyMac conservatorship
|
