Table of Contents

Message from the Chairman

Message from the Chief Financial Officer

I. Management's Discussion and Analysis

Operations of the Corporation - The Year in Review


Insurance
Supervision
Receivership Management
Operating More Efficiently


Financial Highlights


Deposit Insurance Fund Performance
Corporate Budgeting
Capital Investment Review Committee

II. Performance Results

Summary of 2002 Performance Results by Program
2002 Budget and Expenditures by Program
Program Performance Results
Multi-Year Performance Trend
Program Evaluation

III. Financial Statements and Notes

Bank Insurance Fund (BIF)
Savings Association Insurance Fund (SAIF)
FSLIC Resolution Fund (FRF)
GAO's Audit Opinion
Management's Response
Overview of the Industry

IV. Management Controls

Material Weaknesses
High Vulnerability Issues
Matters for Continued Monitoring
Internal Controls and Risk Management Program

V. Appendixes

A. Key Statistics
B. More About the FDIC
C. Office of Inspector General's Management and Performance Challenges Facing the FDIC