FDIC: 2003 Annual Report


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2003 Annual Report

V. Appendix A – Key Statistics

Income and Expenses, Savings Association Insurance Fund, by Year,
from Beginning of Operations, August 9, 1989, through December 31, 2003

Dollars in Thousands

Year	Total	Assessment Income	Investment and Other Sources	Effective Assessment Rate
Income
Total	$ 13,341,739	$ 8,642,583	$ 4,699,156
2003	547,260	14,594	532,666	0.001%
2002	588,821	23,783	565,038	0.003%
2001	733,121	35,402	697,719	0.004%
2000	664,080	19,237	644,843	0.002%
1999	600,995	15,116	585,879	0.002%
1998	583,859	15,352	568,507	0.002%
1997	549,912	13,914	535,998	0.004%
1996	5,501,684	5,221,560	280,124	0.204%
1995	1,139,916	970,027	169,889	0.234%
1994	1,215,289	1,132,102	83,187	0.244%
1993	923,516	897,692	25,824	0.250%
1992	178,643	172,079	6,564	0.230%
1991	96,446	93,530	2,916	0.230%
1990	18,195	18,195	0	0.208%
1989	2	0	2	0.208%

Year	Total	Provision for Losses	Interest and Other Insur. Expenses	Administrative and Operating Expenses	Funding Transfer from the FSLIC Resolution Fund	Net Income/(Loss)
Expenses and Losses
Total	$ 1,515,460	$ 468,750	$ 29,905	$ 1,016,805	$ 139,498	$ 11,965,777
2003	47,200	(82,489)	105	129,584	0	500,060
2002	(31,380)	(156,494)	751	124,363	0	620,201
2001	564,083	443,103	19,389	101,591	0	169,038
2000	300,018	180,805	8,293	110,920	0	364,062
1999	124,156	30,648	626	92,882	0	476,839
1998	116,629	31,992	9	84,628	0	467,230
1997	69,986	(1,879)	0	71,865	0	479,926
1996	(28,890)	(91,636)	128	62,618	0	5,530,574
1995	(281,216)	(321,000)	0	39,784	0	1,421,132
1994	434,303	414,000	0	20,303	0	780,986
1993	46,814	16,531	0	30,283	0	876,702
1992	28,982	(14,945)	(5)	43,932	35,446	185,107
1991	63,085	20,114	609	42,362	42,362	75,723
1990	56,088	0	0	56,088	56,088	18,195
1989	5,602	0	0	5,602	5,602	2

FDIC-Insured Institutions Closed During 2003

Dollars in Thousands

Name and Location	Bank Class	Number of Deposit Accounts	Total Assets	Total Deposits	FDIC Disburse- ments	Estimated Loss ¹	Date of Closing or Acquisition	Receiver/ Assuming Bank and Location
Bank Insurance Fund
Insured Deposit Transfer
First National Bank of Blanchardville Blanchardville, WI	N	3,635	$ 35,460	$ 28,901	$ 28,313	$ 9,245	05.09.03	The Park Bank Madison, WI

Purchase and Assumption - Insured Deposits
Pulaski Savings Bank Philadelphia, PA	SB	1,800	$ 8,976	$ 9,506	$ 9,506	$ 1,096	11.14.03	Earthstar Bank Southampton, PA

Insured Deposit Transfer - Asset Purchase
Southern Pacific Bank Torrance, CA	NM	18,804	$ 1,052,288	$ 865,097	$ 851,385	$ 93,040	02.07.03	Beal Bank, S.S.B. Plano, TX

Codes for Bank Class: N = National bank NM = State-chartered bank that is not a member of the Federal Reserve System SB = Savings Bank ¹ Estimated losses are as of December 31, 2003. Estimated losses are routinely adjusted with updated information from new appraisals and asset sales, which ultimately affect the asset values and projected recoveries.

Last Updated 3/05/2004

Federal Deposit
Insurance Corporation