Selected Financial Data - Third Quarter 2022
| FSLIC Resolution Fund | |||||
|---|---|---|---|---|---|
| Sep-22 | Jun-22 | Quarterly Change | Sep-21 | Year-Over-Year Change | |
| Cash and cash equivalents | $914 | $909 | $5 | $908 | $6 |
| Accumulated deficit | (124,555) |
(124,560) |
5 |
(124,562) |
7 |
| Total resolution equity | 914 |
909 |
5 |
908 |
6 |
| Total revenue | 7 |
2 |
5 |
0 |
7 |
| Operating expenses | 0 |
0 |
0 |
0 |
0 |
| Losses related to thrift resolutions | 0 |
0 |
0 |
0 |
0 |
| Net Income (Loss) | $7 |
$2 |
$5 |
$0 |
$7 |
| $ in millions | DIF | FRF | ALL FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Sep 22 | Sep 21 | Change | Sep 22 | Sep 21 | Change | Sep 22 | Sep 21 | Change | |
| Total Receiverships | 156 | 206 | (50) | 0 | 0 | 0 | 156 | 206 | (50) |
| Assets in Liquidation | $48 |
$204 |
($156) |
$ 0 |
$0 |
$0 |
$48 |
$204 |
($156) |
| YTD Collections | $133 |
$212 |
($79) |
$0 |
$1 |
($1) |
$133 |
$213 |
($80) |
| YTD Dividend/Other Pmts - Cash | $417 |
$564 |
($147) |
$ 0 |
$ 0 |
$ 0 |
$417 |
$564 |
($147) |
| 4Q2021 | 1Q2022 | 2Q2022 | 3Q2022 | |
|---|---|---|---|---|
| Operating lease liabilities | $91 | $85 | $77 | $114 |
The lease liability increased significantly in the 3rd quarter of 2022 as compared to the 2nd quarter. The majority of the increase was due to new leases for the Atlanta and Dallas Regional Offices, $16 million and $25 million, respectively.