Yes, you can use an "IF" function to achieve this. Here are the steps:

1. Select the cell where you want the result to appear.
2. Type the following formula:
   Formula:

   =IF(A1="", "", IF(CELL("format",A1)="B1",1,IF(CELL("format",A1)="I1",2,0))) 

3. Replace "A1" with the cell reference of the first cell in your list.
4. Press Enter to apply the formula to the selected cell.
5. Copy the formula down to the rest of the cells in the column.

Note: This formula uses the CELL function to check the format of the cell. The "B1" and "I1" arguments in the formula refer to the codes for bold and italic formatting, respectively.