Chief Financial Officer's (CFO) Report to the Board
| Fund Financial Results | ($ in millions) |
| FSLIC Resolution Fund | |||||
Jun-18 |
March -18 |
Quarterly Change |
Jun -17 |
Year-Over-Year Change |
Cash and cash equivalents | $892 | $889 | $3 | $881 | $11 |
|---|---|---|---|---|---|
| Accumulated deficit | (124,597) | (124,601) | 4 | (124,607) | 10 |
| Total resolution equity | 893 | 889 | 4 | 882 | 11 |
| Total revenue | 7 | 3 | 4 | 3 | 4 |
| Operating expenses | 0 | 0 | 0 | 0 | 0 |
| Losses related to thrift resolutions | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) | $7 | $3 | 4 | $3 | 4 |
| Receivership Selected Statistics June 2018 vs. June 2017 |
| $ in millions | DIF |
FRF |
ALL FUNDS |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Jun-18 | Jun-17 | Change | Jun-18 | Jun-17 | Change | Jun-18 | Jun-17 | Change | Total Receiverships | 302 | 372 | (70) | - | - | - | 302 | 372 | (70) |
| Assets in Liquidation | $1,537 | $5,421 | ($3,884) | $2 | $2 | $- | $1,539 | $5,423 | ($3,884) |
| YTD Collections | $993 | $718 | $275 | $- | $- | $- | $993 | $718 | $275 |
| YTD Dividend/ Other Pymts - Cash | $2,448 | $1,402 | $1,046 | $- | $- | $- | $2,448 | $1,402 | $1,046 |
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 |
Receivership Assets in Liquidation Balance at June 30, 2018 (in billions) |
||
| Dollars | Percentage | |
|---|---|---|
| Securities | $0.1 | 7% |
| Loans & ORE | $0.2 | 13% |
| In House Other Assets | $0.2 | 13% |
| LLCs | $0.2 | 13% |
| Securitizations & SSGNs | $0.8 | 54% |
| Total Portfolio | $1.5 |