Information and Reporing Unit, Banking Supervision Division					03/12/2002
Statement for the third quarter - bank
Leumi Mortgage Bank Ltd., 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	15	913	6.7%	82.6%
Securities	395	0	95.6%	0.0%
Credit to the public	30,758	29,693	28.0%	27.8%
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	38	36	15.0%	14.2%
Other assets	222	177	57.5%	59.0%
Total assets	31,428	30,819	28.2%	28.4%
Deposits of the public	7,251	7,650	16.3%	17.1%
Deposits of banks	20,855	19,845	38.2%	38.1%
Deposits of the government	460	593	35.2%	37.9%
Bonds and subordinated notes	1,306	1,264	33.1%	32.8%
Other liabilities	87	75	19.1%	15.9%
Total liabilities	29,959	29,427	28.6%	28.7%
Quasi-capital items	0	0	0.0%	0.0%
Equity	1,469	1,392	23.1%	23.5%
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	173.0	192.0	19.7%	21.5%	84.0
Loan-loss provision	37.0	54.0	18.1%	24.0%	10.0
Operating and other income	133.0	127.0	20.4%	19.8%	42.0
Of which: Operating income	133.0	127.0	21.0%	20.3%	42.0
Operating and other expenses	120.0	122.0	22.7%	22.5%	41.0
Of which: Salaries and related expenses	58.0	64.0	20.6%	21.7%	21.0
Ordinary before-tax provision	149.0	143.0	18.7%	18.7%	75.0
Provision for taxes on ordinary profit	72.0	68.0	19.5%	18.5%	28.0
Ordinary after-tax profit	77.0	75.0	18.0%	18.9%	47.0
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
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	77.0	75.0	18.1%	19.0%	47.0
Profit after the effect of the difference between the known index and the "in lieu" index	82.0	78.0	18.0%	19.0%
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	1,249	28,024	2,101	31,374
Balance of financial liabilities on balance-sheet date	1,168	26,635	2,115	29,918
Excess of financial assets over financial liabilities	81	1,389	-14	1,456
Total indexation balance (incl.forwards)	32	1,438	-14	1,456
Additional information on the CPI-indexed sector for the six months to 30.09.2002	Average balance for nine months	Net nine monthly interest income (expenses)		Rate of income  (expenditure) (2)
Total financial assets	27,806	1,057.0		5.10
Total financial liabilities	27,092	-919.0		-4.55
Interest-rate differential				0.55
Problem borrowers	30.09.2002	31.12.2001
Total credit risk dew to problem borrowers	893	908
Total credit  to problem borrowers	893	908
Main financial ratios - consolidated (percent)	30.09.2002	31.12.2001
Equity/balance-sheet ratio	4.67	4.52
Finanancial capital/equity ratio	99.12	98.49
Equity/risk-weighted-assets ratio	9.34	9.09
Return on equity (net profit/gross weighted-capital ratio) (3)	7.40	9.10
Operating income/operating expenses ratio (4)	110.83	103.77
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.
					28