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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Chief Financial Officer's (CFO) Report to the Board

DIF Income Statement - First Quarter 2016

Fund Financial Results ($ in millions)
Income Statement (year-to-date)
 
Unaudited Mar-16
Audited Dec-15
Unaudited
Mar
-15
Year-Over-Year Change
Assessments $2,328 $8,847 $2,189 $139
Interest on U.S. Treasury obligations 147 422 60 87
Other revenue 5 34 6 (1)
Total Revenue $2,480 $9,303 $2,255 $225
Operating expenses 415 1,687 396 19
Provision for insurance losses (43) (2,251) (426) 383
Insurance and other expenses - 11 - -
Total Expenses and Losses $372 ($553) ($30) $402
Net Income 2,108 9,856 2,285 (177)
Unrealized gain (loss) on U.S. Treasury investments, net 412 (60) 231 181
Unrealized postretirement benefit gain (loss) - 24 - -
Comprehensive Income $2,520 $9,820 $2,516 $4

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