Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
The First International Bank of Israel Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.06.2002. Adjusted to the CPI for  06.2002.
Summary consolidated balance sheet	30.06.2002	31.12.2001	Bank's share of the banking system
			30.06.2002	31.12.2001
Cash and deposits in banks	10,905	15,107	11.8%	12.7%
Securities	3,651	3,409	3.3%	3.2%
Credit to the public	49,565	50,769	8.6%	8.7%
Credit to the government	191	205	2.1%	2.1%
Investments in companies included on an equity basis	16	17	0.4%	0.4%
Buildings and equipment	745	762	7.3%	7.4%
Other assets	1,972	1,521	9.1%	8.7%
Total assets	67,045	71,790	8.1%	8.5%
Deposits of the public	57,624	62,880	8.5%	8.9%
Deposits of banks	1,177	952	5.0%	4.3%
Deposits of the government	599	651	3.2%	3.2%
Bonds and subordinated notes	2,288	2,270	6.2%	6.3%
Other liabilities	1,983	1,488	7.8%	6.7%
Total liabilities	63,671	68,241	8.1%	8.5%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	162	156
Equity	3,212	3,393	7.8%	8.1%
Summary consolidated profit and loss statement	Six months to		Bank's share of the banking system		Three months to
			Six months to
	30.06.2002	30.06.2001	30.06.2002	30.06.2001	30.06.2002
Net interest profit before loan-loss provision	520.0	682.0	0.0%	7.6%	201.0
Loan-loss provision	528.0	90.0	0.0%	6.5%	223.0
Operating and other income	379.0	351.0	0.0%	6.8%	189.0
Of which: Operating income	339.0	301.0	0.0%	7.1%	171.0
Operating and other expenses	615.0	623.0	0.0%	6.9%	315.0
Of which: Salaries and related expenses	391.0	392.0	0.0%	6.8%	200.0
Ordinary before-tax provision	-244.0	320.0	0.0%	8.8%	-148.0
Provision for taxes on ordinary profit	-103.0	180.0	0.0%	9.6%	-74.0
Ordinary after-tax profit	-141.0	140.0	0.0%	8.0%	-74.0
Bank's share in the profit of subsidiaries	-1.0	-1.0			-1.0
Share of minority shareholders in profit of consolidated companies	-6.0	-6.0			-1.0
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	-148.0	133.0	0.0%	8.4%	-76.0
Profit after the effect of the difference between the known index and the "in lieu" index	-106.0	142.0	0.0%	8.6%
Balances and rates of return on financial items by indexation base on 30.06.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	22,668	18,710	24,648	66,026
Balance of financial liabilities on balance-sheet date	26,028	15,099	22,535	63,662
Excess of financial assets over financial liabilities	-3,360	3,611	2,113	2,364
Total indexation balance (incl.forwards and options in term of basis assets) 2	-893	3,543	-286	2,364
Rate of income on assets (percent) 3	-6.63	2.68	15.77	0.37
Rate of expenditure on liabilities (percent) 3	8.00	-1.84	-13.99	1.05
Interest-rate differential	1.36	0.85	1.78	1.42
Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	3,774	3,705
Total credit  to problem borrowers	3,425	3,366
Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	4.79	4.73
Finanancial capital/equity ratio	73.60	74.30
Equity/risk-weighted-assets ratio	9.30	9.70
Return on equity (net profit/gross weighted-capital ratio) 4	-8.50	5.50
Operating income/operating expenses ratio 5	61.63	60.12
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Six-month rate of income (expenses), on annual basis including ALM derivatives.
4 Annual basis.
5 For six months. Comparative data are annual.
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