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

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

   •  Summary Trends and Results
I. Corporate Fund Financial Results

   •  DIF Balance Sheet
   •  DIF Income Statement
   •  DIF Statements of Cash Flows
   •  Selected Financial Data
II. Investments Results & Prospective Strategies

   •  Corporate Investment Portfolio Summary
   •  Approved Investment Strategies
III. Budget Results

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

DIF Income Statement - Third Quarter 2008

Fund Financial Results ($ in millions)
Income Statement
 
Sep-08
Jun-08
Quarterly Change
Sep-07
Year-Over-Year Change
Assessments earned $1,969 $1,088 $881 $404 $1,565
Interest earned on investment securities 1,795 1,269 526 1,955 (160)
Other revenue 18 2 16 11 7
Realized gain on sale of investments 473 0 473 0 473
Total Revenue $4,255 $2,359 $1,896 $2,370 $1,885
Operating expenses (includes depreciation expense) 743 494 249 730 13
Provision for insurance losses 22,676 10,746 11,930 56 22,620
Other expenses 1 1 0 2 (1)
Total Expenses & Losses $23,420 $11,241 $12,179 $788 $22,632
Net (Loss)/Income ($19,165) ($8,882) ($10,283) $1,582 ($20,747)
Unrealized gain/(loss) on available-for-sale securities, net 1,340 1,686 (346) (13) 1,353
Unrealized postretirement benefit gain/(loss) 0 0 0 20 (20)
YTD Comprehensive (Loss)/Income ($17,825) ($7,196) ($10,629) $1,589 ($19,414)

FDIC Investment Portfolio as of September 30, 2008

FDIC Investment Portfolio as of September 30, 2008
 
$ in billions
Percentage
Overnight investments
0.851 3
Available-for-Sale Securities
33.0 97
Total market value = $34 billion


FDIC Investment Portfolio as of June 30, 2008
FDIC Investment Portfolio as of June 30, 2008
 
$ in billions
Percentage
Overnight Investments
9.3 17
Available-for-Sale Securities
43.9 83
Total market value = $53 billion

Last Updated 12/15/2008
  dofbusinesscenter@fdic.gov