Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - consolidated
The First International Mortgage Bank Ltd. and its subsidiaries, Main data, NIS million
Taken from the quarterly report to 30.09.2003. Adjusted to the CPI for  09.2003.
Summary consolidated balance sheet	30.09.2003	31.12.2002	Banking group's share of the banking system
			30.09.2003	31.12.2002
Cash and deposits in banks	1	5	0.2%	1.5%
Securities	0	0	0.0%	0.0%
Credit to the public	7,910	7,834	7.2%	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	13	14	5.1%	5.6%
Other assets	16	9	2.8%	2.4%
Total assets	7,939	7,862	7.1%	7.2%
Deposits of the public	1,072	1,160	2.4%	2.6%
Deposits of banks	6,028	5,878	11.0%	11.0%
Deposits of the government	108	118	6.7%	7.2%
Bonds and subordinated notes	134	139	3.7%	3.8%
Other liabilities	19	20	3.9%	4.3%
Total liabilities	7,361	7,315	7.0%	7.1%
Quasi-capital items	0	0	0.0%	0.0%
Minority shareholders' rights	22	25	0.0%	0.0%
Equity	556	522	8.2%	8.1%
Summary consolidated profit and loss statement	nine months to		Banking group's share of the banking system		three months to
			nine months to
	30.09.2003	30.09.2002	30.09.2003	30.09.2002	30.09.2003
Net interest profit before loan-loss provision	72.3	68.7	7.1%	8.0%	22.7
Loan-loss provision	11.0	9.8	3.3%	4.9%	3.6
Operating and other income	40.6	40.8	6.9%	6.4%	13.4
Of which: Operating income	36.9	37.9	6.4%	6.1%	12.6
Operating and other expenses	35.6	34.7	6.6%	6.7%	11.6
Of which: Salaries and related expenses	16.3	16.6	5.5%	6.0%	5.0
Ordinary prpfit before-tax provision	66.3	65.0	8.9%	8.3%	20.9
Provision for taxes on ordinary profit	30.0	31.4	8.8%	8.7%	10.3
Ordinary after-tax profit	36.3	33.6	9.0%	8.0%	10.6
Bank's share in the profit of subsidiaries	0.0	0.0			0.0
Share of minority shareholders in profit of consolidated companies	-1.5	-1.8			-0.4
Extraordinary after-tax profit	0.0	0.6			0.0
Net profit	34.8	32.4	8.6%	7.8%	10.2
Profit after the effect of the difference between the known index and the "in lieu" index	32.6	34.6	8.4%	7.8%
Balances and rates of return on financial items by indexation base on 30.09.2003 consolidated	Unindexed NIS	CPI-indexed  NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	656	6,575	694	7,925
Balance of financial liabilities on balance-sheet date	684	5,972	699	7,355
Excess of financial assets over financial liabilities	-28	603	-5	570
Total indexation balance (incl.forwards and options in term of basis assets)	-28	603	-5	570
Additional information on the CPI-indexed sector for the nine months to 30.09.2003	Average balance for nine months 2	Net nine monthly interest income (expenses)  2		Rate of income  (expenditure) (3)
Total financial assets	6,594	296.0		6.03
Total financial liabilities	6,065	-241.8		-5.35
Interest-rate differential				0.68
Problem borrowers	30.09.2003	31.12.2002
Total credit risk dew to problem borrowers	304	257
Total credit  to problem borrowers	304	257
Main financial ratios - consolidated (percent)	30.09.2003	31.12.2002
Equity/balance-sheet ratio	7.01	6.63
Finanancial capital/equity ratio	102.43	102.51
Equity/risk-weighted-assets ratio	11.60	11.40
Return on equity (net profit/gross weighted-capital ratio) (4)	9.00	9.90
Operating income/operating expenses ratio (5)	114.04	116.78
1 Including foreign-currency indexed NIS.
2 Including hedging, embedded and ALM derivatives.
3 nine-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.
4 Annual basis.
5 For nine months. Comparative data are annual.					26