Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Bank of Jerusalem Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2002. Adjusted to the CPI for  09.2002.
Summary consolidated balance sheet	30.09.2002	31.12.2001	Bank's share of the banking system
			30.09.2002	31.12.2001
Cash and deposits in banks	647	508	0.6%	0.4%
Securities	236	284	0.2%	0.3%
Credit to the public	5,668	5,549	1.0%	0.9%
Credit to the government	0	0	0.0%	0.0%
Investments in companies included on an equity basis	5	3	0.1%	0.1%
Buildings and equipment	58	63	0.6%	0.6%
Other assets	26	21	0.1%	0.1%
Total assets	6,641	6,428	0.8%	0.8%
Deposits of the public	5,209	5,252	0.8%	0.7%
Deposits of banks	704	464	2.6%	2.1%
Deposits of the government	99	79	0.5%	0.4%
Bonds and subordinated notes	248	268	0.7%	0.7%
Other liabilities	39	44	0.2%	0.2%
Total liabilities	6,299	6,106	0.8%	0.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0
Equity	342	322	0.8%	0.8%
Summary consolidated profit and loss statement	Nine months to		Bank's share of the banking system		Three months to
			Nine months to
	30.09.2002	30.09.2001	30.09.2002	30.09.2001	30.09.2002
Net interest profit before loan-loss provision	68.0	67.5	0.6%	0.6%	24.8
Loan-loss provision	8.5	3.7	0.2%	0.2%	1.1
Operating and other income	69.5	72.9	1.1%	1.2%	23.1
Of which: Operating income	70.5	70.3	1.3%	1.4%	22.7
Operating and other expenses	95.8	101.9	0.9%	0.9%	31.3
Of which: Salaries and related expenses	57.7	62.0	0.9%	0.9%	19.0
Ordinary before-tax provision	33.2	34.8	1.2%	0.8%	15.5
Provision for taxes on ordinary profit	15.2	16.8	1.1%	0.9%	6.5
Ordinary after-tax profit	18.0	18.0	1.4%	0.8%	9.0
Bank's share in the profit of subsidiaries	2.2	-0.2			0.5
Share of minority shareholders in profit of consolidated companies	0.0	0.0			0.0
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	20.2	17.8	1.8%	0.9%	9.5
Profit after the effect of the difference between the known index and the "in lieu" index	21.1	18.2	1.7%	0.9%
Balances and rates of return on financial items by indexation base on 30.09.2002	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	1,357	4,142	1,032	6,531
Balance of financial liabilities on balance-sheet date	1,477	3,873	945	6,295
Excess of financial assets over financial liabilities	-121	269	88	236
Total indexation balance (incl.forwards and options in term of basis assets) 2	-64	270	30	236
Rate of income on assets (percent) 3	-0.82	5.01	7.96	4.25
Rate of expenditure on liabilities (percent) 3	3.35	-4.44	-6.31	-3.14
Interest-rate differential	2.53	0.57	1.66	1.10
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	357	323
Total credit  to problem borrowers	307	259
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	5.14	5.01
Finanancial capital/equity ratio	69.14	58.83
Equity/risk-weighted-assets ratio	11.10	10.90
Return on equity (net profit/gross weighted-capital ratio) 4	8.50	7.80
Operating income/operating expenses ratio 5	72.55	72.83
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Nine-month rate of income (expenses), on annual basis including ALM derivatives.
4 Annual basis.
5 For nine months. Comparative data are annual.
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