Information and Reporing Unit, Banking Supervision Division					6/8/2003
Statement for the first quarter - consolidated
Israel Discount Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 31.03.2003. Adjusted to the CPI for  03.2003.
Summary consolidated balance sheet	31.03.2003	31.12.2002	Bank's share of the banking system
			31.03.2003	31.12.2002
Cash and deposits in banks	17,762	19,298	18.3%	19.7%
Securities	39,133	37,681	33.6%	32.8%
Credit to the public	75,983	76,354	13.0%	12.9%
Credit to the government	551	567	7.1%	7.0%
Investments in companies included on an equity basis	1,155	1,304	32.3%	35.1%
Buildings and equipment	2,084	2,008	19.4%	18.9%
Other assets	3,682	3,782	17.2%	17.7%
Total assets	140,350	140,994	16.7%	16.6%
Deposits of the public	121,323	122,986	17.6%	17.6%
Deposits of banks	4,589	4,162	19.2%	18.2%
Deposits of the government	154	171	0.8%	0.9%
Bonds and subordinated notes	3,933	3,890	10.2%	10.3%
Other liabilities	4,552	4,123	17.3%	16.4%
Total liabilities	134,551	135,332	16.9%	16.8%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	476	461
Equity	5,323	5,201	12.6%	12.5%
Summary consolidated profit and loss statement	Three months to		Bank's share of the banking system
			Three months to
	31.03.2003	31.03.2002	31.03.2003	31.03.2002
Net interest profit before loan-loss provision	745.0	712.0	לא חושב	לא חושב
Loan-loss provision	159.0	248.0	לא חושב	לא חושב
Operating and other income	469.0	455.0	לא חושב	לא חושב
Of which: Operating income	392.0	374.0	לא חושב	לא חושב
Operating and other expenses	898.0	862.0	לא חושב	לא חושב
Of which: Salaries and related expenses	571.0	533.0	לא חושב	לא חושב
Ordinary before-tax provision	157.0	57.0	לא חושב	לא חושב
Provision for taxes on ordinary profit	125.0	86.0	לא חושב	לא חושב
Ordinary after-tax profit	32.0	-29.0	לא חושב	לא חושב
Bank's share in the profit of subsidiaries	22.0	-13.0
Share of minority shareholders in profit of consolidated companies	-15.0	-5.0
Extraordinary after-tax profit	-151.0	7.0
Net profit	-112.0	-40.0	לא חושב	לא חושב
Profit after the effect of the difference between the known index and the "in lieu" index	-98.0	-20.0	לא חושב	לא חושב
Balances and rates of return on financial items by indexation base on 31.03.2003	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	40,328	26,454	69,523	136,305
Balance of financial liabilities on balance-sheet date	43,609	24,144	66,713	134,466
Excess of financial assets over financial liabilities	-3,281	2,310	2,810	1,839
Total indexation balance (incl.forwards and options in term of basis assets) 2	-726	2,497	67	1,838
Rate of income on assets (percent) 3	6.94	4.37	-3.74	0.36
Rate of expenditure on liabilities (percent) 3	-4.44	-2.82	4.74	1.16
Interest-rate differential	2.50	1.56	0.99	1.52
Problem borrowers	31.03.2003	31.12.2002
Total credit risk dew to problem borrowers	10,134.00	10,066.00
Total credit  to problem borrowers	9,552.00	9,439.00
Main financial ratios - consolidated (percent)	31.03.2003	31.12.2002
Equity/balance-sheet ratio	3.79	3.69
Finanancial capital/equity ratio	34.55	33.26
Equity/risk-weighted-assets ratio	9.34	9.35
Return on equity (net profit/gross weighted-capital ratio) 4	-8.40	-0.70
Operating income/operating expenses ratio 5	52.23	48.83
1 Including foreign-currency indexed NIS.
2 Forwards transactions.
3 Three-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.
4 Annual basis.
5 For three months. Comparative data are annual.
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