Information and Reporing Unit, Banking Supervision Division					09/09/2002
Statement for the second quarter - consolidated
The First International 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
			30.06.2002	31.12.2001
Cash and deposits in banks	0	1	0.1%	0.1%
Securities	0	0	0.0%	0.0%
Credit to the public	7,841	7,658	7.3%	7.2%
Credit to the government	0	0	0.0%	0.0%
Investments in companies included on an equity basis	0	0	0.0%	0.0%
Buildings and equipment	14	14	5.6%	5.7%
Other assets	11	11	3.1%	3.8%
Total assets	7,867	7,684	7.2%	7.1%
Deposits of the public	1,226	1,297	2.8%	2.9%
Deposits of banks	5,822	5,573	10.7%	10.8%
Deposits of the government	120	134	9.2%	8.6%
Bonds and subordinated notes	158	158	4.0%	4.1%
Other liabilities	19	19	3.9%	4.0%
Total liabilities	7,345	7,181	7.1%	7.0%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	24	23	0.0%	0.0%
Equity	498	481	8.1%	8.2%
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	37.4	46.5	7.4%	8.1%	17.1
Loan-loss provision	3.6	3.7	2.9%	3.2%	1.8
Operating and other income	27.9	27.2	6.4%	6.5%	13.9
Of which: Operating income	26.0	25.2	6.1%	6.1%	12.9
Operating and other expenses	23.6	23.1	6.8%	6.4%	11.9
Of which: Salaries and related expenses	11.0	11.2	6.1%	5.7%	5.7
Ordinary before-tax provision	38.1	46.9	8.0%	9.1%	17.3
Provision for taxes on ordinary profit	21.0	22.6	8.6%	9.1%	10.1
Ordinary after-tax profit	17.1	24.3	7.4%	9.0%	7.2
Bank's share in the profit of subsidiaries	0.0	0.0			0.0
Share of minority shareholders in profit of consolidated companies	-0.9	-1.3			-0.4
Extraordinary after-tax profit	0.6	0.0			0.6
Net profit	16.8	23.0	7.3%	8.6%	7.4
Profit after the effect of the difference between the known index and the "in lieu" index	23.6	24.5	7.7%	8.5%
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	754	6,821	277	7,851
Balance of financial liabilities on balance-sheet date	765	6,294	283	7,342
Excess of financial assets over financial liabilities	-11	527	-7	509
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	6,907	92.0		2.68
Total financial liabilities	6,400	-60.4		-1.90
Interest-rate differential				0.78
Problem borrowers	30.06.2002	31.12.2001
Total credit risk dew to problem borrowers	195	198
Total credit  to problem borrowers	195	198
Main financial ratios - consolidated (percent)	30.06.2002	31.12.2001
Equity/balance-sheet ratio	6.33	6.26
Finanancial capital/equity ratio	102.37	101.93
Equity/risk-weighted-assets ratio	11.10	11.30
Return on equity (net profit/gross weighted-capital ratio) (4)	7.10	9.80
Operating income/operating expenses ratio (5)	118.22	111.91
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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