Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
The Maritime 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	129	215	0.1%	0.2%
Securities	92	223	0.1%	0.2%
Credit to the public	812	768	0.1%	0.1%
Credit to the government	0	0	0.0%	0.0%
Investments in companies included on an equity basis	16	16	0.4%	0.4%
Buildings and equipment	26	26	0.3%	0.3%
Other assets	160	89	0.7%	0.5%
Total assets	1,234	1,336	0.1%	0.2%
Deposits of the public	707	879	0.1%	0.1%
Deposits of banks	82	55	0.3%	0.2%
Deposits of the government	4	5	0.0%	0.0%
Bonds and subordinated notes	10	21	0.0%	0.1%
Other liabilities	172	118	0.7%	0.5%
Total liabilities	975	1,078	0.1%	0.1%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	260	259	0.6%	0.6%
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	18.9	21.6	0.3%	0.2%	8.8
Loan-loss provision	1.8	0.9	0.1%	0.1%	0.5
Operating and other income	10.1	13.8	0.3%	0.3%	4.7
Of which: Operating income	7.2	9.2	0.2%	0.2%	3.4
Operating and other expenses	20.9	24.6	0.3%	0.3%	10.2
Of which: Salaries and related expenses	10.1	11.8	0.3%	0.2%	4.9
Ordinary before-tax provision	6.3	9.9	0.3%	0.3%	2.8
Provision for taxes on ordinary profit	1.7	1.9	0.2%	0.1%	0.9
Ordinary after-tax profit	4.6	8.0	0.5%	0.5%	1.9
Bank's share in the profit of subsidiaries	0.0	0.2			-0.2
Share of minority shareholders in profit of consolidated companies	0.0	0.0			0.0
Extraordinary after-tax profit	-1.3	-0.2			-1.0
Net profit	3.3	8.0	0.4%	0.5%	0.7
Profit after the effect of the difference between the known index and the "in lieu" index	4.8	8.5	0.4%	0.5%
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	329	242	614	1,184
Balance of financial liabilities on balance-sheet date	346	46	579	971
Excess of financial assets over financial liabilities	-18	195	35	213
Total indexation balance (incl.forwards and options in term of basis assets) 2	18	195	0	213
Rate of income on assets (percent) 3	-6.10	2.00	9.04	1.00
Rate of expenditure on liabilities (percent) 3	7.70	0.47	-7.42	0.37
Interest-rate differential	1.60	2.47	1.61	1.37
Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	53	26
Total credit  to problem borrowers	40	13
Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	21.03	19.36
Finanancial capital/equity ratio	82.00	80.56
Equity/risk-weighted-assets ratio	19.50	21.70
Return on equity (net profit/gross weighted-capital ratio) 4	2.60	7.80
Operating income/operating expenses ratio 5	48.33	52.53
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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