| Statement for the first quarter - consolidated | ||||
| "Tefahot" Israel Mortgage Bank Ltd and its subsidiaries, main data, NIS million | ||||
| Taken from the quarterly report to 31.03.2001 Adjusted to the CPI for 03.2001 | ||||
| Summary consolidated balance sheet | 31.03.2001 | 31.12.2000 | Bank's share of the banking system | |
| 31.03.2001 | 31.12.2000 | |||
| Cash and deposits in banks | 38 | 33 | 3.8% | 11.4% |
| Securities | 51 | 54 | 32.8% | 31.6% |
| Credit to the public | 27,516 | 27,090 | 29.0% | 28.8% |
| Credit to the government | 5 | 5 | 100.0% | 100.0% |
| Investments in companies included on an equity basis | 0 | 0 | 0.0% | 0.0% |
| Buildings and equipment | 70 | 72 | 29.9% | 30.3% |
| Other assets | 57 | 54 | 20.8% | 20.7% |
| Total assets | 27,737 | 27,308 | 28.7% | 28.8% |
| Deposits of the public | 17,526 | 17,337 | 42.3% | 42.0% |
| Deposits of banks | 7,164 | 6,986 | 16.3% | 16.3% |
| Deposits of the government | 217 | 224 | 11.0% | 12.9% |
| Bonds and subordinated notes | 1,079 | 1,009 | 30.1% | 30.7% |
| Other liabilities | 265 | 313 | 43.8% | 49.9% |
| Total liabilities | 26,251 | 25,869 | 28.7% | 28.8% |
| Quasi-capital items | 0 | 0 | 0.0% | 0.0% |
| Minority shareholders' rights | 0 | 0 | ||
| Equity | 1,486 | 1,439 | 28.7% | 28.5% |
| Bank's share of the banking system | ||||
| Summary consolidated profit and loss statement | Three months to | Three months to | ||
| 31.03.2001 | 31.03.2000 | 31.03.2001 | 31.03.2000 | |
| Net interest profit before loan-loss provision | 75.0 | 90.0 | 31.9% | 33.8% |
| Loan-loss provision | 18.0 | 22.0 | 32.3% | 58.4% |
| Operating and other income | 75.0 | 75.0 | 37.8% | 37.4% |
| Of which: Operating income | 71.0 | 71.0 | 36.5% | 36.4% |
| Operating and other expenses | 55.0 | 57.0 | 31.7% | 35.6% |
| Of which: Salaries and related expenses | 33.0 | 34.0 | 32.9% | 38.7% |
| Ordinary before-tax provision | 77.0 | 86.0 | 37.6% | 31.9% |
| Provision for taxes on ordinary profit | 30.0 | 40.0 | 32.5% | 33.6% |
| Ordinary after-tax profit | 47.0 | 46.0 | 41.7% | 30.6% |
| Bank's share in the profit of subsidiaries | 0.0 | 0.0 | ||
| Share of minority shareholders in profit | 0.0 | 0.0 | ||
| of consolidated companies | ||||
| Extraordinary after-tax profit | 0.0 | 0.0 | ||
| Net profit | 47.0 | 46.0 | 42.0% | 30.8% |
| Profit after the effect of the difference between the | 50.0 | 42.0 | 40.0% | 31.3% |
| known index and the "in lieu" index | ||||
| Main financial ratios - consolidated (percent) | 31.03.2001 | 31.12.2000 | ||
| Equity/balance-sheet ratio | 5.36 | 5.27 | ||
| Equity/risk-weighted-assets ratio | 10.00 | 9.60 | ||
| Return on equity (net profit/gross weighted-capital ratio) 1 | 13.70 | 13.20 | ||
| Operating income/operating expenses ratio 2 | 136.36 | 126.81 | ||
| 1 annual basis. | ||||
| 2 For three months. Comparative data are annual. | ||||