|
|
Selected
Financial Data - Third Quarter
2010
| Fund Financial Results |
($
in millions) |
| FSLIC
Resolution Fund |
| |
Sep-10 |
Jun-09 |
Quarterly Change |
Sep -09 |
Year-Over-Year Change |
Cash and cash equivalents |
$3,541 |
$3,497 |
$44 |
$3,454 |
$87 |
| Accumulated deficit, net |
(124,288) |
(124,284) |
(4) |
(123,959) |
(329) |
| Resolution equity |
3,560 |
3,570 |
(10) |
3,483 |
77 |
| Total revenue |
11 |
9 |
2 |
8 |
3 |
| Operating expenses |
3 |
2 |
1 |
4 |
(1) |
| Goodwill litigation expenses |
2 |
- |
2 |
4 |
(2) |
| Recovery of tax benefits |
(58) |
(58) |
- |
10 |
(68) |
| Net Income/(Loss) |
$60 |
$65 |
($5) |
($11) |
$71 |
| Receivership
Selected Statistics September 2010 vs. September 2009 |
| |
DIF |
FRF |
ALL FUNDS |
| Year-to-Date ($ in millions) |
Sep-10 |
Sep-09 |
Change |
Sep-10 |
Sep-09 |
Change |
Sep-10 |
Sep-09 |
Change |
Total Receiverships |
306 |
134 |
172 |
8 |
8 |
- |
314 |
142 |
172 |
| Assets in Liquidation |
$34,822 |
$38,222 |
$(3,400) |
$28 |
$34 |
($6) |
$34,850 |
$38,256 |
$(3,406) |
| Collections |
$15,821 |
$6,750 |
$9,071 |
$13 |
$5 |
$8 |
$15,834 |
$6,755 |
$9,079 |
| Dividends Paid - Cash |
$7,326 |
$4,162 |
$3,164 |
$- |
$- |
$- |
$7,326 |
$4,162 |
$3,164 |
Assets-at-Failure and Estimated Losses for Bank Resolutions($ in billions) |
Quarter
End |
# of Institutions |
Assets-at-failure |
Estimated losses
|
| 3rd
Qtr 2008 |
6 |
$302.7 |
$1.5 |
| 4th
Qtr 2008 |
12 |
$24.7 |
$4.1 |
| 1st
Qtr 2009 |
21 |
$9.5 |
$2.3 |
| 2nd
Qtr 2009 |
24 |
$26.8 |
$8.9 |
| 3rd Qtr 2009 |
50 |
$70.0 |
$14.3 |
| 4th Qtr 2009 |
45 |
$64.9 |
$10.0 |
| 1st Qtr 2010 |
41 |
$22.3 |
$6.1 |
| 2nd Qtr 2010 |
45 |
$48.0 |
$11.0 |
| 3rd Qtr
2010 |
41 |
$14.0 |
$2.3 |
|
