Information and Reporing Unit, Banking Supervision Division					03/06/2002
Statement for the first quarter - consolidated
Israel Discount Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 31.03.2002. Adjusted to the CPI for  03.2002.
Summary consolidated balance sheet	31.03.2002	31.12.2001	Bank's share of the banking system
			31.03.2002	31.12.2001
Cash and deposits in banks	17,442	24,011	18.1%	20.9%
Securities	31,328	29,734	31.1%	29.2%
Credit to the public	73,653	72,662	13.1%	13.0%
Credit to the government	503	475	5.4%	5.2%
Investments in companies included on an equity basis	1,282	1,285	31.2%	30.8%
Buildings and equipment	1,862	1,844	18.9%	18.6%
Other assets	3,253	3,103	18.3%	18.1%
Total assets	129,323	133,114	16.2%	16.3%
Deposits of the public	112,729	116,561	17.2%	17.2%
Deposits of banks	3,886	3,549	16.5%	16.6%
Deposits of the government	229	195	1.2%	1.0%
Bonds and subordinated notes	3,671	3,689	10.2%	10.7%
Other liabilities	3,174	3,232	14.1%	15.0%
Total liabilities	123,689	127,226	16.3%	16.4%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	441	436
Equity	5,193	5,452	12.9%	13.5%
Summary consolidated profit and loss statement	Three months to		Bank's share of the banking system
			Three months to
	31.03.2002	31.03.2001	31.03.2002	31.03.2001
Net interest profit before loan-loss provision	691.0	684.0	16.8%	16.0%
Loan-loss provision	237.0	291.0	17.7%	43.9%
Operating and other income	438.0	452.0	17.3%	18.7%
Of which: Operating income	355.0	380.0	16.7%	18.9%
Operating and other expenses	838.0	908.0	19.5%	19.9%
Of which: Salaries and related expenses	508.0	570.0	19.0%	19.1%
Ordinary before-tax provision	54.0	-63.0	5.3%	-4.3%
Provision for taxes on ordinary profit	82.0	83.0	14.6%	11.3%
Ordinary after-tax profit	-28.0	-146.0	-6.2%	-20.1%
Bank's share in the profit of subsidiaries	-12.0	17.0
Share of minority shareholders in profit of consolidated companies	-5.0	-13.0
Extraordinary after-tax profit	7.0	4.0
Net profit	-38.0	-138.0	-9.5%	-21.9%
Profit after the effect of the difference between the known index and the "in lieu" index	-19.0	-127.0	-3.5%	-18.3%
Balances and rates of return on financial items by indexation base on 31.03.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	41,142	24,320	60,163	125,625
Balance of financial liabilities on balance-sheet date	40,970	22,575	60,048	123,593
Excess of financial assets over financial liabilities	172	1,745	115	2,032
Total indexation balance (incl.forwards and options in term of basis assets) 2	-21	2,214	-161	2,032
Rate of income on assets (percent) 3	-3.40	2.60	17.47	7.50
Rate of expenditure on liabilities (percent) 3	6.03	-1.96	-15.13	-5.45
Interest-rate differential	2.62	0.64	2.33	2.05
Problem borrowers	31.03.2002	31.12.2001
Total credit risk dew to problem borrowers	8,241.00	8,264.00
Total credit  to problem borrowers	7,854.00	7,895.00
Main financial ratios - consolidated (percent)	31.03.2002	31.12.2001
Equity/balance-sheet ratio	4.02	4.10
Finanancial capital/equity ratio	39.13	40.98
Equity/risk-weighted-assets ratio	9.14	9.26
Return on equity (net profit/gross weighted-capital ratio) 4	-2.80	-4.80
Operating income/operating expenses ratio 5	52.27	49.84
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Three-month rate of income (expenses), on annual basis including ALM derivatives.
4 Annual basis.
5 For three months. Comparative data are annual.
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