EFTA00195949¶
| 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 | 7 |
Your Messages … 13¶
| FINANCIAL TRUST CO INC |
| C/O JEFFREY EPSTEIN |
| 6100 RED HOOK QUARTER |
| ST B3 |
| ST THOMAS VI 00802 |
Your Portfolio at a Glance¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 32,720,098 |
| LONG ACCRUED INTEREST | 615,271 |
| NET DEBIT BALANCE | -13,933,518 |
| NET EQUITY THIS PERIOD | $19,401,851 |
| NET EQUITY LAST STATEMENT | 19,197,920 |
| CHANGE SINCE LAST STATEMENT | 203,931 |
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
FINANCIAL TRUST CO INC¶
Market Value of Your Portfolio¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
ACCOUNT NUMBER¶
STATEMENT PERIOD January 1, 2004¶
TAXPAYER NUMBER On File¶
THROUGH January 30, 2004¶
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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STATEMENT BACKER IS PRINTED ON THIS PAGE¶
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Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $380,859.92 |
| Securities Sold | 9,844,310.88 |
| Dividends/Interest | 720,989.06 |
| Miscellaneous | 219,564.00 |
| Amount Credited | $10,784,863.94 |
| Securities Bought | -24,567,419.97 |
| Funds Withdrawn | -62,716.00 |
| Dividends/Interest Charged | -175,968.71 |
| Miscellaneous | -293,137.00 |
| Amount Debited | $-25,099,241.68 |
| Net Cash Activity | -14,314,377.74 |
| Closing Balance | $-13,933,517.82 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Margin | 380,859.92 | -13,933,517.82 |
| Net Cash Balance | $380,859.92 | $-13,933,517.82 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Govt. Agency Int. | 508,834.06 | 508,834.06 |
| Corp. Bond Int. | 212,155.00 | 212,155.00 |
| Reverse Repurchase Int. | 1,418.88 | 1,418.88 |
| Total | $722,407.94 | $722,407.94 |
| Bond Purchase Int. | -175,968.71 | -175,968.71 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 13,933,518 | |
| Fixed Income | 32,720,098 | |
| Total | $13,933,518 | $32,720,098 |
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
Your Portfolio Allocation¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00195952¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc.¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
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FINANCIAL TRUST CO INC¶
Your Portfolio Holdings¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | -13,933,518 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $-13,933,518 |
CASH & CASH EQUIVALENTS¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
FIXED INCOME¶
Government & Agency Obligations¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCRUED INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI DATED DATE 10/01/02 BOOK ENTRY ONLY DUE 02/15/2032 5,900% FACTOR = .39212142 | MRGN | 10,092,097 | 10.5957 | 1,069,327 | 24,811 | 595,434 | 55.6831 | |
| FEDERAL NATIONAL MTG ASSN STRIP MTG SERIES 322 CL PO DATED DATE 03/01/02 BOOK ENTRY ONLY DUE 03/01/2032 .001% FACTOR = 1,00000000 | MRGN | 1,901,906 | 85.5000 | 1,626,130 | 2 | 19 | 0.0012 | |
| FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT DATED DATE 06/07/02 BOOK ENTRY ONLY DUE 03/15/2032 1,000% FACTOR = .35544220 | MRGN | 35,544,219 | 3.6201 | 1,286,725 | 14,810 | 355,442 | 27.6238 | |
| FEDERAL HOME LOAN MTG CORP SERIES 2488 CLASS SQ DATED DATE 07/08/02 BOOK ENTRY ONLY DUE 03/15/2032 6,900% FACTOR = .35781753 | MRGN | 17,890,875 | 11.3612 | 2,032,626 | 51,435 | 1,234,470 | 60.7328 |
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FINANCIAL TRUST CO INC¶
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| DESCRIPTION | SYMBOL/CUSP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCrued INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL | MRGN | 20,640,679 | 10.7112 | 2,210,868 | 50,740 | 1,217,800 | 55.0824 | |
| FEDL HOME LOAN MTG CORP#S03602 SERIES 223 CLASS PO | MRGN | 3,187,760 | 80.2031 | 2,556,683 | ||||
| FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CLASS SW | MRGN | 18,419,875 | 11.4264 | 2,104,727 | 15,092 | 1,086,773 | 51.6349 | |
| GOVERNMENT NATIONAL MTG ASSN SERIES 2004-5 CLASS PS | MRGN | 44,000,000 | 18.0000 | 7,920,000 | 205,933 | 2,556,400 | 32.2778 | |
| GOVERNMENT NATIONAL MTG ASSN SERIES 2004-2 CLASS SB | MRGN | 44,389,962 | 14.5833 | 6,473,526 | 217,413 | 2,698,910 | 41.6915 | |
| Total Government& Agency Obligations | $27,280,612 | $580,236 | $9,745,248 | |||||
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OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc.¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
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FINANCIAL TRUST CO INC¶
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
Corporate Bonds¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ACCRUED INTEREST | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|---|
| FANNIE MAE CMO/SERIES 2003-13 S RCR-I/O FLTR DATED DATE 02/25/03 BOOK ENTRY ONLY DUE 03/25/2033 6,900% FACTOR = .73118269 | MRGN | 36,559,134 | 14.8786 | 5,439,486 | 35,035 | 2,522,580 | 46.3753 | |
| Total CorporateBonds | $5,439,486 | $35,035 | $2,522,580 | |||||
| TOTAL FIXED INCOME | $32,720,098 | $615,271 | $12,267,828 |
| YOUR PORTFOLIOHOLDINGSACCRUED INTEREST | $615,271 |
| YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME | $12,267,828 |
| YOUR PRICED PORTFOLIOHOLDINGS | $18,786,580 |
Repurchase and Reverse Repurchase Transactions¶
with Bear, Stearnsand Co. Inc. outstanding as of date of statement¶
| PURCHASE/ START DATE | REPURCHASE DATE | PRICING RATE | PURCHASE PRICE/ PRINCIPAL | ACCRUED REPO INTEREST* | QUANTITY (FACE AMOUNT) | CUSIP | DESCRIPTION | |
|---|---|---|---|---|---|---|---|---|
| YOU PROVIDED (MARGIN) | 10/23/03 | OPEN | 0.000 | -51,655,000 | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE 6.3000 02/15/32 | |||
| TOTAL REVERSE REPURCHASE TRANSACTIONS | $0 | $0 | ||||||
| TOTAL REPURCHASE TRANSACTIONS | $0 | $0 | ||||||
As of statement date¶
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FINANCIAL TRUST CO INC¶
Transaction Detail¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
INVESTMENT ACTIVITY¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| SPECIALMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOLICUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/08/04 | PRINCIPAL | FEDERAL NATIONAL MTG ASSN STRIP MTG SERIES 322 CL PO 0,001 DUE 03/01/32 PRINCIPAL REDUCTN 01-25-04 | -69,335 | |||||
| 01/08/04 | PRINCIPAL | FEDL HOME LOAN MTG CORP#S03602 SERIES 223 CLASS PO DUE 12/01/32 PRINCIPAL REDUCTN 01-15-04 | -61,557 | |||||
| 01/15/04 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 PRINCIPAL REDUCTN 01-15-04 | -1,222,000 | |||||
| 01/15/04 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT 1,000 DUE 03/15/32 PRINCIPAL REDUCTN 01-15-04 | -23 | |||||
| 01/15/04 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2480 CL SL 5,837 DUE 03/15/32 PRINCIPAL REDUCTN 01-15-04 | -709,634 | |||||
| 01/15/04 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2480 CLASS S0 6,837 DUE 03/15/32 PRINCIPAL REDUCTN 01-15-04 | -615,095 | |||||
| 01/15/04 | PRINCIPAL | FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI 5,837 DUE 02/15/32 PRINCIPAL REDUCTN 01-15-04 | -364,849 | |||||
| 01/15/04 | PRINCIPAL | FEDL HOME LOAN MTG CORP#S03602 SERIES 223 CLASS PO DUE 12/01/32 PRINCIPAL PAYMENT 01-15-04 | 61,556.80 | |||||
| 01/26/04 | PRINCIPAL | FEDERAL NATIONAL MTG ASSN STRIP MTG SERIES 322 CL PO 0,001 DUE 03/01/32 PRINCIPAL PAYMENT 01-25-04 | 69,335.20 |
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FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2004¶
INVESTMENT ACTIVITY (continued)¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/26/04 | PRINCIPAL | FANNIE MAE CMO/SERIES 2003-13 S RCR-I/O FLTR 6,988 DUE 03/25/33 PRINCIPAL REDUCTN 01-25-04 | -559,291 | |||||
| 01/26/04 | PRINCIPAL | FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CLASS SW 5,988 DUE 01/25/33 PRINCIPAL REDUCTN 01-25-04 | -281,792 | |||||
| 01/30/04 | 01/16/04 | BOUGHT | GOVERNMENT NATIONAL MTG ASSN SERIES 2004-2 CLASS SB DUE 01/16/2034 06,080% 0987021011332 REF # 2004011646030000 BS AS OF 01/16/04 | 44,389,962 ACCR. INT. | 13.25000 | 5,881,669.97 104,957.59 | ||
| 01/30/04 | 01/08/04 | BOUGHT | GOVERNMENT NATIONAL MTG ASSN SERIES 2004-5 CLASS PS DUE 02/20/2033 05,810% 0987022118332 REF # 2004010846380000 BS AS OF 01/08/04 ACCRUES ON 1ST, PAYS ON 20TH | 22,000,000 ACCR. INT. | 17.81250 | 3,918,750.00 35,505.56 | ||
| 01/30/04 | 01/23/04 | BOUGHT | GOVERNMENT NATIONAL MTG ASSN SERIES 2004-5 CLASS PS DUE 02/20/2033 05,810% 0987022118332 REF # 2004012346390000 BS AS OF 01/23/04 ACCRUES ON 1ST, PAYS ON 20TH | 22,000,000 ACCR. INT. | 18.00000 | 3,960,000.00 35,505.56 | ||
| TOTAL | -13,936,388.68 | $130,892.00 | ||||||
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc.¶
9 of 13¶
Transaction Detail (continued)¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/02/04 | FND WIRED | MDA#GV119949FNDSWIRED TO FLEET NATIONAL BANK C#171961 | 62,716.00 | |
| TOTAL | -62,716.00 | |||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2471 CLASS YT DUE 03/15/2032 1,000 INTEREST PAYMENT 01-15-04 | 1.0000 | 30,638.54 | |||
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2483 CL SL DUE 03/15/2032 5,837 INTEREST PAYMENT 01-15-04 | 5.8370 | 103,860.38 | |||
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2488 CLASS SQ DUE 03/15/2032 6,837 INTEREST PAYMENT 01-15-04 | 6.8370 | 105,445.48 | |||
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE DUE 02/15/2032 6,237 INT R/D 12-03 P/D 01-15-04 REPO P & I 6,2375 | 6.2370 | 17,623.80 | |||
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2530 CLASS SE DUE 02/15/2032 6,237 INT R/D 12-03 P/D 01-15-04 REPO P & I 6,2375 | 6.2370 | 109,090.19 | |||
| 01/15/04 | FEDERAL HOME LOAN MTG CORP SERIES 2526 CLASS SI DUE 02/15/2032 5,837 INTEREST PAYMENT 01-15-04 | 5.8370 | 50,868.68 |
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD January 1, 2004¶
AGCOUNT NUMBER¶
THROUGH January 30, 2004¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
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BEAR STEARNS¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
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FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
INTEREST (continued)¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 01/26/04 | FANNIE MAE CMO/SERIES 2003-13 S RCR-I/O FLTR DUE 03/25/2033 6,858 INTEREST PAYMENT 01-25-04 | 6.8580 | 1,155.00 | ||||
| 01/26/04 | FEDERAL NATIONAL MTG ASSN SERIES 2003-49 CLASS SW DUE 01/25/2033 5,858 INTEREST PAYMENT 01-25-04 | 5.8580 | 91,306.99 | ||||
| TOTAL | $720,989.06 | ||||||
REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS with Bear, Stearns& Co.Inc.¶
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FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2004¶
REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued)¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
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FINANCIAL TRUST CO INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2004¶
REPURCHASE AND REVERSE REPURCHASE TRANSACTIONS (continued)¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/08/04 | JOURNAL | FITG FITM | 155,420.00 | |
| 01/12/04 | JOURNAL | FITG FITM | 79,477.00 | |
| 01/14/04 | JOURNAL | FITG FITM | 19,611.00 | |
| 01/16/04 | JOURNAL | DEC. 03 SPEC CLEARING FEES | 100.00 | |
| 01/16/04 | JOURNAL | FITG FITM | 32,492.00 | |
| 01/22/04 | JOURNAL | FITM TO FITG | 181,068.00 |
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc.¶
13 of 13¶
Transaction Detail (continued)¶
MISCELLANEOUS (continued)¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/27/04 | JOURNAL | FITG FITM | 44,533.00 | |
| TOTAL | -293,137.00 | $219,564.00 |
Your messages¶
Excess SIPC Account Protection Update¶
Effective February 16, 2004, the commercial insurer through which Bear, Stearns Securities Corp. obtains excess SIPC protection will change to Customer Asset Protection Company (“CAPCO”), a New York licensed insurance company. CAPCO has an A+ financial strength rating from Standard and Poor’s.¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
******* End of Statement*******¶
FINANCIAL TRUST CO INC¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
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