DIF Income Statement - First Quarter 2023
| Income Statement (year-to-date) | ||||||
|---|---|---|---|---|---|---|
| Mar-23 | Dec-22 | Quarterly Change | Mar-22 | Year-Over-Year Change | ||
| Assessments | $3,306 |
$8,311 |
|
$1,938 |
$1,368 |
|
| Interest on U.S. Treasury securities | 661 |
1,246 |
191 |
470 |
||
| Return of unclaimed insured deposits | 14 |
38 |
6 |
8 |
||
| Other revenue | 3 |
12 |
|
2 |
1 |
|
| Total Revenue | $3,984 |
$9,607 |
$2,137 |
$1,847 |
||
| Operating expenses | 508 |
1,883 |
|
453 |
55 |
|
| Provision for insurance losses | 16,402 |
(83) |
100 |
16,302 |
||
| Insurance and other expenses | 5 |
4 |
|
0 |
5 |
|
| Realized loss on sale of investments | 1,666 |
0 |
|
0 |
1,666 |
|
| Total Expenses and Losses | $18,581 |
$1,804 |
|
$553 |
$18,028 |
|
| Net Income | ($14,597) |
$7,803 |
$1,584 |
($16,181) |
||
| Unrealized gain (loss) on U.S. Treasury securities,net | 2,450 |
(2,836) |
(1,686) |
4,136 |
||
| Unrealized postretirement benefit gain (loss) | 0 |
110 |
0 |
0 |
||
| Comprehensive Income | ($12,147) |
$5,077 |
|
($102) |
($12,045) |
|