BOI - Main Data on Banks, to 30.06.2001, for Each Bank


Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
"Tefahot" Israel Mortgage Bank 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
Summary consolidated balance sheet	30.06.2002	31.12.2001	30.06.2002	31.12.2001
Cash and deposits in banks	106	56	21.5%	5.1%
Securities	18	16	3.6%	88.9%
Credit to the public	31,478	31,364	29.2%	29.5%
Credit to the government	4	4	100.0%	100.0%
Investments in companies included on an equity basis	0	0	0.0%	0.0%
Buildings and equipment	86	83	33.8%	33.1%
Other assets	73	56	20.4%	18.7%
Total assets	31,765	31,579	29.1%	29.3%
Deposits of the public	18,990	19,477	44.0%	43.9%
Deposits of banks	9,118	8,594	16.8%	16.6%
Deposits of the government	168	197	12.8%	12.7%
Bonds and subordinated notes	1,490	1,363	38.0%	35.6%
Other liabilities	155	187	32.2%	39.9%
Total liabilities	29,921	29,818	29.0%	29.2%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0	0.0%	0.0%
Equity	1,844	1,761	30.1%	29.9%

Summary consolidated profit and loss statement	Six months to		Bank's share of the banking system		Three months to
	Six months to		Six months to		Three months to
	30.06.2002	30.06.2001	30.06.2002	30.06.2001	30.06.2002
Net interest profit before loan-loss provision	177.0	194.0	34.8%	33.8%	86.0
Loan-loss provision	49.0	37.0	40.1%	31.7%	26.0
Operating and other income	162.0	161.0	37.1%	38.4%	80.0
Of which: Operating income	153.0	154.0	35.9%	37.5%	76.0
Operating and other expenses	118.0	119.0	34.0%	33.2%	58.0
Of which: Salaries and related expenses	70.0	70.0	38.8%	35.4%	35.0
Ordinary before-tax provision	172.0	199.0	36.1%	38.4%	82.0
Provision for taxes on ordinary profit	87.0	95.0	35.6%	38.3%	43.0
Ordinary after-tax profit	85.0	104.0	36.6%	38.6%	39.0
Bank's share in the profit of subsidiaries	0.0	0.0			0.0
Share of minority shareholders in profit of consolidated companies	0.0	0.0			0.0
Extraordinary after-tax profit	-1.0	0.0			-1.0
Net profit	84.0	104.0	36.4%	38.7%	38.0
Profit after the effect of the difference between the known index and the "in lieu" index	109.0	111.0	35.3%	38.4%

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	2,409	27,604	1,665	31,678
Balance of financial liabilities on balance-sheet date	2,933	25,769	1,186	29,888
Excess of financial assets over financial liabilities	-524	1,835	479	1,790

Additional information on the CPI-indexed sector for the six months to 30.06.2002	Average balance for six months	Net six monthly interest income (expenses)		Rate of income (expenditure) (2)
Total financial assets	27,930	424.0		3.06
Total financial liabilities	26,257	-300.0		-2.30
Interest-rate differential				0.76

Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	1633	1630
Total credit to problem borrowers	1459	1419

Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	5.81	5.58
Finanancial capital/equity ratio	97.07	96.54
Equity/risk-weighted-assets ratio	10.43	9.86
Return on equity (net profit/gross weighted-capital ratio) (4)	9.80	13.00
Operating income/operating expenses ratio (5)	137.29	132.52

^{1 Including foreign-currency indexed NIS.}
^{2 Six-month rate of income (expenses), on annual basis including ALM derivatives.}
^{3 Annual basis.}
^{4 For six months. Comparative data are annual.}
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