|
|
Selected
Financial Data - Fourth Quarter
2009
| Fund Financial Results |
($
in millions) |
| FSLIC
Resolution Fund |
| |
Unaudited Dec-09 |
Unaudited Sep-09 |
Quarterly Change |
Audited Dec-08 |
Year-Over-Year Change |
Cash and cash equivalents |
$3,470 |
$3,454 |
$16 |
$3,467 |
$3 |
| Accumulated deficit, net |
(123,959) |
(123,959) |
- |
(123,948) |
(11) |
| Resolution equity |
3,499 |
3,483 |
16 |
3,494 |
5 |
| Total revenue |
8 |
8 |
- |
63 |
(55) |
| Operating expenses |
5 |
4 |
1 |
3 |
2 |
| Goodwill/Guarini litigation expenses |
19 |
4 |
15 |
254 |
(235) |
| Net Income/(Loss) |
($11) |
($11) |
- |
($178) |
$167 |
| Receivership
Selected Statistics December 2009 vs. December 2008 |
| |
DIF |
FRF |
ALL FUNDS |
| Year-to-Date ($ in millions) |
Dec-09 |
Dec-08 |
Change |
Dec-09 |
Dec-08 |
Change |
Dec-09 |
Dec-08 |
Change |
Total Receiverships |
179 |
41 |
138 |
8 |
8 |
- |
187 |
49 |
138 |
| Assets in Liquidation |
$41,325 |
$15,073 |
$26,252 |
$31 |
$34 |
($3) |
$41,356 |
$15,107 |
$26,249 |
| Collections |
$10,301 |
$1,858 |
$8,443 |
$9 |
$7 |
$2 |
$10,310 |
$1,865 |
$8,445 |
| Dividends Paid - Cash |
$4,698 |
$1,553 |
$3,145 |
$- |
$4 |
($4) |
$4,698 |
$1,557 |
$3,141 |
2009
Bank Failures by Resolution Type ($ in billions) |
Resolution
Type |
Total Assets |
DIF
Estimated Loss
|
| PA |
$11.8 |
$2.7 |
| PI |
$5.8 |
$0.9 |
| TA |
$146.8 |
$29.2 |
| PO |
$2.5 |
$0.8 |
| DT |
$4.4 |
$2.0 |
|
