Chief Financial Officer's (CFO) Report to the Board
Selected Financial Data - Second Quarter 2017
| Fund Financial Results | ($ in millions) |
| FSLIC Resolution Fund | |||||
Jun-17 |
Mar -17 |
Quarterly Change |
Jun -16 |
Year-Over-Year Change |
Cash and cash equivalents | $881 | $879 | $2 | $872 | $9 |
| Accumulated deficit | (124,607) | (124,609) | 2 | (124,618) | 11 |
| Total resolution equity | 882 | 880 | 2 | 872 | 10 |
| Total revenue | 3 | 1 | 2 | 1 | 2 |
| Operating expenses | 0 | 0 | 0 | 2 | (2) |
| Losses related to thrift resolutions | 0 | 0 | 0 | (1) | 1 |
| Net Income (Loss) | $3 | $1 | 2 | - | $3 |
| Receivership Selected Statistics June 2017 vs. June 2016 |
| $ in millions | DIF |
FRF |
ALL FUNDS |
||||||
| Jun-17 | Jun-16 | Change | Jun-17 | Jun-16 | Change | Jun-17 | Jun-16 | Change | Total Receiverships | 372 | 422 | (50) | - | - | - | 372 | 422 | (50) |
| Assets in Liquidation | $5,421 | $4,136 | $1,285 | $2 | $2 | - | $5,423 | $4,138 | $1,285 |
| YTD Collections | $718 | $837 | ($119) | - | $2 | ($2) | $718 | $839 | ($121) |
| YTD Dividend/ Other Pymts - Cash | $1,402 | $2,430 | ($1,028) | - | - | - | $1,402 | $2,430 | ($1,028) |
Receivership Assets in Liquidation Balance at March 31, 2017 ($ in billions) |
||
| Dollars | Percentage | |
| Securities | $0.2 | 7 |
| Loans & ORE | $0.1 | 3 |
| In House Other Assets | $0.4 | 13 |
| LLCs | $1.1 | 37 |
| Securitizations & SSGNs | $1.2 | 40 |
| Total Portfolio | $3.0 |
Receivership Assets in Liquidation Balance at June 30, 2017 ($ in billions) |
||
| Dollars | Percentage | |
| Securities | $0.2 | 4 |
| Loans & ORE | $2.5 | 46 |
| In House Other Assets | $0.6 | 11 |
| LLCs | $1.0 | 19 |
| Securitizations & SSGNs | $1.1 | 20 |
| Total Portfolio | $5.4 |