Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - consolidated
Bank "Adanim" Mortgage 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	8	10	3.6%	0.9%
Securities	0	0	0.0%	0.0%
Credit to the public	2,785	2,771	2.5%	2.6%
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	18	19	7.1%	7.5%
Other assets	17	16	4.5%	5.2%
Total assets	2,828	2,815	2.5%	2.6%
Deposits of the public	2,377	2,383	5.3%	5.3%
Deposits of banks	110	99	0.2%	0.2%
Deposits of the government	32	36	2.4%	2.3%
Bonds and subordinated notes	126	123	3.2%	3.2%
Other liabilities	46	45	10.0%	9.6%
Total liabilities	2,691	2,687	2.6%	2.6%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	0	0	0.0%	0.0%
Equity	137	129	2.2%	2.2%
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	24.7	28.0	2.8%	3.1%	11.0
Loan-loss provision	3.2	4.9	1.6%	2.2%	1.7
Operating and other income	21.1	20.7	3.2%	3.2%	6.8
Of which: Operating income	21.1	20.7	3.3%	3.3%	6.8
Operating and other expenses	25.9	24.9	4.9%	4.6%	8.8
Of which: Salaries and related expenses	14.5	14.9	5.2%	5.1%	5.1
Ordinary before-tax provision	16.7	18.9	2.1%	2.5%	7.3
Provision for taxes on ordinary profit	8.3	9.2	2.2%	2.5%	2.9
Ordinary after-tax profit	8.4	9.7	2.0%	2.4%	4.4
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	0.0	0.0			0.0
Net profit	8.4	9.7	2.0%	2.5%	4.4
Profit after the effect of the difference between the known index and the "in lieu" index	9.0	10.0	2.0%	2.4%
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	205	2,605	0	2,810
Balance of financial liabilities on balance-sheet date	176	2,491	0	2,667
Excess of financial assets over financial liabilities	29	114	0	143
Total indexation balance (incl.forwards)	29	114	0	143
Additional information on the CPI-indexed sector for the nine months to 30.09.2002	Average balance for nine months	Net nine monthly interest income (expenses)		Rate of income  (expenditure) (2)
Total financial assets	2,558	97.4		5.11
Total financial liabilities	2,458	-82.2		-4.48
Interest-rate differential				0.63
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	106	112
Total credit  to problem borrowers	78	89
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	4.84	4.57
Finanancial capital/equity ratio	104.09	102.49
Equity/risk-weighted-assets ratio	9.96	9.55
Return on equity (net profit/gross weighted-capital ratio) (4)	8.80	10.30
Operating income/operating expenses ratio (5)	81.47	80.11
1 Including foreign-currency indexed NIS.
2 Nine-month rate of income (expenses), on annual basis including ALM derivatives.
3 Annual basis.
4 For nine months. Comparative data are annual.
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