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


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

•	Summary Trends and Results

•	Corporate Investment Portfolio Summary
•	Approved Investment Strategies

•	Budget & Expenditures by Major Expense Categories
•	Budget & Expenditures by Budget Component, Division & Office

Selected Financial Data - Third Quarter 2008

Fund Financial Results

($ in millions)

FSLIC Resolution Fund
	Sep-08	Jun-08	Quarterly Change	Sep-07	Year-Over-Year Change
Cash and cash equivalents	$3,459	$3,444	$15	$3,764	($305)
Accumulated deficit, net	(123,885)	(123,811)	(74)	(123,836)	(49)
Resolution equity	3,470	3,458	12	3,790	(320)
Total revenue	$60	$43	$17	$150	($90)
Operating expenses	4	2	2	2	2
Goodwill/Guarini litigation expenses	167	77	90	179	(12)
Net (Loss)/Income	($115)	($41)	($74)	($2)	($113)

Receivership Selected Statistics September 2008 vs. September 2007

2008 FDIC Bank Failures through September 30, 2008
Institution Name	Location	Date of Failure	Assets at Failure	Cash Outlays	Estimated/ Actual Loss
Washington Mutual Bank	Henderson, NV	9/25/2008	$298,792	$0	$0
Ameribank, Inc.	Northfork, WV	9/19/2008	$100	$99	$42
Silver State Bank	Henderson, NV	9/5/2008	$1,795	$1,358	$505
Integrity Bank	Alpharetta, GA	8/29/2008	$1,045	$934	$295
Columbian Bank & Trust	Topeka, KS	8/22/2008	$726	$576	$62
First Priority Bank	Bradenton, FL	8/1/2008	$241	$202	$72
First Heritage Bank, N.A.	Newport Beach, CA	7/25/2008	$289	$257	$42
First National Bank of Nevada	Reno, NV	7/25/2008	$3,585	$2,807	$820
IndyMac Bank	Pasedena, CA	7/11/2008	$27,958	$14,300	$8,900
First Integrity Bank	Staples, MN	5/30/2008	$53	$50	$2
ANB Financial, N.A.	Bentonville, AR	5/9/2008	$2,012	$1,743	$214
Hume Bank	Hume, MO	3/7/2008	$17	$14	$3
Douglass National Bank	Kansas City, MO	1/25/2008	$53	$10	$6

Last Updated 12/16/2008 dofbusinesscenter@fdic.gov

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