EFTA00195737¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
| ACCOUNT EXECUTIVE | GNMA GOVT BOND |
| VISIT OUR WEBSITE | www.bearstearns.com |
What’s In This Statement¶
Financial Summary 3¶
Your Portfolio Holdings … 4¶
Transaction Detail …¶
Trades Not Yet Settled … 11¶
| FINANCIAL TRUST CO INC |
| C/O JEFFREY EPSTEIN |
| 6100 RED HOOK QUARTER |
| ST B3 |
| ST THOMAS VI 00802 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Your Portfolio at a Glance¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD March 1, 2003¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 24,075,942 |
| LONG ACCRUED INTEREST | 300,806 |
| NET CREDIT BALANCE | 273,282 |
| NET EQUITY THIS PERIOD | $24,650,030 |
| NET EQUITY LAST STATEMENT | 23,891,200 |
| CHANGE SINCE LAST STATEMENT | 758,830 |
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
THROUGH March 28, 2003¶
Market Value of Your Portfolio¶
SIPC¶
This summary is for informational purposes only. It is not intended as a tax document.¶
This statement should be retained for your records. See reverse side for important information.¶
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V642¶
EFTA00195738¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 12¶
Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
027¶
EFTA00195739¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 12¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $385,775.82 |
| Securities Sold | 5,010,034.50 |
| Dividends/Interest | 1,096,802.98 |
| Miscellaneous | 205,279.34 |
| Amount Credited | 312,116.82 |
| Securities Bought | -270,120.19 |
| Miscellaneous | -154,490.17 |
| Amount Debited | -424,610.36 |
| Net Cash Activity | -112,493.54 |
| Closing Balance | $273,282.28 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Margin | 385,775.82 | 273,282.28 |
| Net Cash Balance | $385,775.82 | $273,282.28 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Govt. Agency Int. | 962,655.39 | 2,847,399.28 |
| Corp. Bond Int. | 134,082.87 | 269,971.75 |
| Credit Balance Int. | 64.72 | 192.52 |
| Reverse Repurchase Int. | 77.08 | 3,591.32 |
| Total | $1,096,880.06 | $3,121,154.87 |
| Bond Purchase Int. | -30,981.48 |
Portfolio Composition¶
| Cash/Cash Equivalent | 273,282 |
| Fixed Income | 24,075,942 |
| Total | $24,349,224 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
| STATEMENT PERIOD | March 1, 2003 |
| THROUGH | March 28, 2003 |
| ACCOUNT NUMBER | |
| TAXPAYER NUMBER | On File |
| LAST STATEMENT | February 28, 2003 |
Your Portfolio Allocation¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
W642¶
EFTA00195740¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
4 of 12¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
STATEMENT PERIOD March 1, 2003¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 273,282 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $273,282 |
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
FIXED INCOME¶
Government & Agency Obligations¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCRUED INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FEDERAL NATIONAL MTG ASS | MRGN | .327,543 | 97.6300 | .153,880 | .153 | 738,250 | 10.3196 | |
| SERIES 2003-16 CLASS JS DATED DATE 01/06/03 BOOK ENTRY ONLY DUE 03/25/2018 10,075% FACTOR = .99054310 | ||||||||
| FEDERAL HOME LOAN MTG CORP | MRGN | 51,599,311 | 10.3259 | 5,328,097 | 114,036 | 3,157,878 | 59.2684 | |
| SERIES 2530 CLASS SE DATED DATE 10/11/02 BOOK ENTRY ONLY DUE 02/15/2032 1.120% FACTOR = .85998860 | ||||||||
| FEDERAL HOME LOAN MTG CORP | MRGN | 22,133,676 | 9.2919 | 2,056,646 | 45,719 | 1,266,046 | 61.5588 | |
| SERIES 2526 CLASS SI DATED DATE 10/01/02 BOOK ENTRY ONLY DUE 02/15/2032 5.720% FACTOR = .85998860 | ||||||||
| FEDERAL HOME LOAN MTG CORP | MRGN | 68,654,407 | 2.7988 | 1,921,493 | 24,794 | 686,544 | 35.7297 | |
| SERIES 2471 CLASS YT DATED DATE 06/07/02 BOOK ENTRY ONLY DUE 03/15/2032 1.000% FACTOR = .80769890 |
027¶
03/29/03;10:54 001¶
EFTA00195741¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
5 of 12¶
FINANCIAL TRUST CO INC¶
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD March 1, 2003¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCRUED INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FEDERAL HOME LOAN MTG CORP | MRGN | 46,903,416 | 9.3921 | 4,405,222 | 96,882 | 2,682,875 | 60.9022 | |
| SERIES 2483 CL SL DATED DATE 07/02/02 BOOK ENTRY ONLY DUE 03/15/2032 5,720% FACTOR = .81309650 | ||||||||
| Total Government& Agency Obligations | $20,865,338 | $287,584 | $8,531,593 |
Corporate Bonds¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCRUED INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FANNIE MAE CMO/SERIES 2002-82 | MRGN | 23,523,322 | 13.6486 | 3,210,604 | 13,222 | 1,586,648 | 49.4190 | |
| SK-I/O FLTR DATED DATE 10/02/02 BOOK ENTRY ONLY DUE 10/25/2031 FACTOR = .94093290 | ||||||||
| Total CorporateBonds | $3,210,604 | $13,222 | $1,586,648 | |||||
| TOTAL FIXED INCOME | $24,075,942 | $300,806 | $10,118,241 |
| YOUR TOTAL ACCRUED INTEREST | $300,806 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $10,118,241 |
| YOUR PRICED PORTFOLIOHOLDINGS | $24,349,224 |
027¶
03/29/03;10:54 001¶
EFTA00195742¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
| of 12¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
Repurchase and Reverse Repurchase Transactions¶
STATEMENT PERIOD March 1, 2003¶
| PURCHASE/ START DATE | REPURCHASE DATE | PRICING RATE | PURCHASE PRICE/ PRINCIPAL | ACCRUED REPO INTEREST* | QUANTITY (FACE AMOUNT) | CUSIP | DESCRIPTION | |
|---|---|---|---|---|---|---|---|---|
| YOU SOLD (REPO) | 02/28/03 | 05/07/03 | 1.580 | -3,680,000 | -5,006 | -50,000,000 | FEDERAL HOME LOAN MTG CORP SERIES 2488 CLASS SQ 03/15/32 | |
| YOU SOLD (REPO) | 03/19/03 | 04/21/03 | 1.550 | -3,032,000 | -1,566 | -5,000,000 | FNMA-SMBS PRINCIPAL ONLY SERIES 322 CLASS PO 03/01/32 | |
| TOTAL REVERSE REPURCHASE TRANSACTIONS | ||||||||
| TOTAL REPURCHASE TRANSACTIONS | $-712,000 | $-572 | ||||||
As of statement date¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| Settlement Date | Trade Date | Transaction | Description | SYMBOL/CUSIP | Quantity | Price | Debit Amount | Credit Amount |
|---|---|---|---|---|---|---|---|---|
| 03/12/03 | JOURNAL | FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI 5,660 DUE 02/15/32 | -2 | |||||
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 PRINCIPAL REDUCTN 03-15-03 | -2,852,000 | |||||
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 PRINCIPAL REDUCTN 03-15-03 | -339 |
027¶
03/29/03;10:54 001¶
V642¶
EFTA00195743¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
of 12¶
FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD March 1, 2003¶
INVESTMENT ACTIVITY (continued)¶
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
| SEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL 5,720 DUE 03/15/32 PRINCIPAL REDUCTN 03-15-03 | -2,366,000 | |||||
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL 5,720 DUE 03/15/32 PRINCIPAL REDUCTN 03-15-03 | -236 | |||||
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE 120 DUE 02/15/32 PRINCIPAL REDUCTN 03-15-03 | -2,422,000 | |||||
| 03/17/03 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE 120 DUE 02/15/32 PRINCIPAL REDUCTN 03-15-03 | -836 | |||||
| 03/19/03 | 03/17/03 | BOUGHT | FEDERAL NATIONAL MTG ASSN STRIP MTG SERIES 322 CL PO DUE 03/01/2032 00,001% REF # BS | 4,042,946 | 89,34375 | 3,612,120.19 | ||
| 03/25/03 | PRINCIPAL | FANNIE MAE CMO/SERIES 2002-82 SK-IO FLTR 713 DUE 10/25/31 PRINCIPAL REDUCTN 03-25-03 | -442,336 | |||||
| 03/25/03 | PRINCIPAL | FEDERAL NATIONAL MTG ASS SERIES 2003-16 CLASS JS 10,000 DUE 03/25/18 PRINCIPAL REDUCTN 03-25-03 | -69,957 | |||||
| 03/25/03 | PRINCIPAL | FEDERAL NATIONAL MTG ASS SERIES 2003-16 CLASS JS 10,000 DUE 03/25/18 PRINCIPAL PAYMENT 03-25-03 | 69,957.42 | |||||
| TOTAL | $-3,612,120.19 | $69,957.42 | ||||||
| 027 | 03/29/03;10:54 | 001 | V642 |
|---|
EFTA00195744¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
8 of 12¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD March 1, 2003¶
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 03/03/03 | AVG BAL 136,265RT 021 OFFICE INTEREST 0203 | 64.72 | |||||
| 03/17/03 | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT DUE 0215/2032 1,000 INTEREST PAYMENT 03-15-03 | 1.0000 | 49,492.72 | ||||
| 03/17/03 | FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL DUE 0215/2032 5,720 INTEREST PAYMENT 03-15-03 | 5.7200 | 232,388.52 | ||||
| 03/17/03 | FEDERAL HOME LOAN MTG CORP SERIES 2488 CLASS SO DUE 0215/2032 720 INT RTO 02-03 PD 03-15-03 REPO P & I | 6.7200 | 237,017.33 | ||||
| 03/17/03 | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE DUE 0215/2032 120 INTEREST PAYMENT 03-15-03 | 6.1200 | 272,811.87 | ||||
| 03/17/03 | FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI DUE 0215/2032 5,720 INT RTO 02-03 PD 03-15-03 REPO P & I | 5.7200 | 109,299.12 | ||||
| 03/25/03 | FANNIE MAE CMO/SERIES 2002-82 SK-VO FLTR DUE 1025/2031 713 INTEREST PAYMENT 03-25-03 | 6.7130 | 134,082.87 | ||||
| 03/25/03 | FEDERAL NATIONAL MTG ASS SERIES 2003-16 CLASS JS DUE 0215/2018 10,000 INTEREST PAYMENT 03-25-03 | 10.0000 | 61,645.83 | ||||
| TOTAL | $1,096,802.98 | ||||||
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
027¶
03/29/03;10:54 001¶
V642¶
EFTA00195745¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
9 of 12¶
FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD March 1, 2003¶
REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear, Stearns& Co.Inc.¶
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
027¶
03/29/03;10:54 001¶
EFTA00195746¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
10 of 12¶
FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD March 1, 2003¶
REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued)¶
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 03/12/03 | JOURNAL | FEB 03 SPEC CLEARING FEES | 400.00 | |
| 03/14/03 | JOURNAL | FITM TO FITG | 112,066.00 | |
| 03/17/03 | JOURNAL | FITM TO FITG | 20,813.00 | |
| 03/18/03 | JOURNAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 P&I TRNFR | 21,211.17 |
027¶
03/29/03;10:54 001¶
EFTA00195747¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
11 of 12¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 03/18/03 | JOURNAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 RECLASS P&I | 21,211.17 | |
| 03/19/03 | JOURNAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 P&I TRNFR | 21,211.17 | |
| 03/20/03 | JOURNAL | FITG TO FITM | 162,857.00 | |
| TOTAL | -154,490.17 | $205,279.34 | ||
Transaction Detail (continued)¶
MISCELLANEOUS (continued)¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD March 1, 2003¶
THROUGH March 28, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | February 28, 2003 |¶
| :--- | :--- |¶
Trades Executed Pending Settlement¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|---|---|
| 04/14/03 | 01/27/03 | BOUGHT | FNMA-30YR(FNMA) GTD SETT,04/03 DUE 04/01/2033 05,500% REF # | 10,000,000.00 | 100.6093 | 10,060,937.50 | |||
| 04/14/03 | 02/04/03 | BOUGHT | FNMA-30YR(FNMA) GTD SETT,04/03 DUE 04/01/2033 05,500% REF # | 10,000,000.00 | 100.9375 | 10,093,750.00 | |||
| 04/14/03 | 03/24/03 | SOLD | FNMA-30YR(FNMA) GTD SETT,04/03 DUE 04/01/2033 05,500% REF # | -20,000,000.00 | 101.3515 | 20,270,312.50 |
027¶
03/29/03;10:54 001¶
EFTA00195748¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 05/14/03 | 03/24/03 | BOUGHT | FNMA-30YR(FNMA)GTD SETT,05/03 DUE 05/01/2033 05,500% | 20,000,000.00 | 100.9375 | 20,187,500.00 | ||
| REF # | BS | |||||||
| TOTAL | $40,342,187.50 | $20,270,312.50 | ||||||
The above trades do not appear in any other section of this statement.¶
******* End of Statement******¶
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