17 CONSOLIDATED FINANCIAL STATEMENTS                  
Universal and Commercial Banks
as of end of periods indicated
in billion pesos
 
Selected Accounts UNIVERSAL AND COMMERCIAL BANKS
 
  March 1999 June 1999 Sept 1999 Dec 1999 March 2000 June 2000 Sept 2000 Dec 2000
CONSOLIDATED STATEMENT OF CONDITION
  ASSETS 2,447.131 2,516.550 2,574.784 2,679.564 2,619.627 2,683.115 2,753.667 2,935.977
CASH AND DUE FROM BANKS 294.570 294.404 271.513 311.583 265.646 310.808 290.814 321.572
TOTAL LOAN PORTFOLIO, GROSS 1,484.465 1,505.581 1,557.587 1,582.894 1,529.103 1,505.565 1,568.215 1,628.214
   Interbank Loans Receivable 166.678 193.735 188.311 224.636 187.396 135.396 161.304 176.370
   Loans and Discounts 1,084.047 1,055.663 1,062.334 1,055.068 1,016.672 1,045.708 1,072.063 1,097.061
   Agra/Agri Credit Loans 40.415 41.506 40.721 46.023 51.162 50.423 49.621 49.575
   Development Incentive Loans 0.000 4.927 8.857 9.894 17.630 23.179 22.193 17.966
   Bills Purchased 32.357 35.715 37.565 36.019 39.173 35.210 41.983 45.980
   Customers' Liabilities - LC/TR 82.940 80.823 82.056 81.484 81.398 86.845 90.821 95.058
   Customers' Liabilities - Accept O/S 9.476 9.434 9.534 9.985 10.793 10.120 12.487 13.040
   Trading Account Securities - Loans 13.096 26.773 61.143 44.165 45.452 35.783 33.832 33.279
   Underwriting Accounts 3.532 0.592 1.009 0.990 0.757 0.684 0.684 0.659
   Restructured Loans 51.923 56.412 66.057 74.629 78.672 82.218 83.227 99.225
   Credit Card Receivables 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
   Microfinance Loans 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
ACCUM. MARKET GAIN/LOSS - LOANS 0.000 0.000 (0.470) (0.486) (0.304) (0.462) (0.503) (0.537)
ALLOW. FOR PROBABLE LOSSES - LOANS 67.740 73.316 76.212 90.551 94.348 101.190 104.466 107.207
TOTAL LOAN PORTFOLIO, NET 1,416.724 1,432.265 1,480.905 1,491.857 1,434.451 1,403.913 1,463.246 1,520.470
TOTAL INVESTMENTS, GROSS 454.176 480.844 474.597 483.570 528.361 558.917 562.543 630.721
  Underwriting Accounts - Equity Securities 0.000 0.778 0.553 0.289 0.262 0.262 0.262 0.239
  Trading Account Securities - Investments 49.711 56.507 45.308 60.904 66.401 70.877 35.181 37.150
  Trading Account Securities - Equity 0.000 1.428 1.387 4.704 6.044 6.168 5.739 5.716
  Avaiable for Sale Securities (ASS) 0.000 47.785 65.382 71.876 89.009 92.946 86.278 79.547
  Investment in Bonds and Other Debt Instruments 337.169 302.975 289.366 273.802 292.184 310.604 357.399 430.522
  Equity Investments - Allied/Non-Allied Undertakings 67.297 71.372 72.602 71.996 74.461 78.060 77.683 77.548
ACCUM. MARKET GAIN/LOSS - INVESTMENTS 0.000 0.398 1.099 0.267 1.458 0.614 (1.652) (3.802)
ALLOW. FOR PROBABLE LOSSES - INVESTMENTS 3.326 3.375 3.637 2.562 2.747 2.715 3.106 2.478
TOTAL INVESTMENTS, NET 450.850 477.867 472.060 481.275 527.072 556.816 557.785 624.440
FIXED ASSETS 73.460 74.763 78.239 80.958 80.831 84.184 88.836 89.711
ROPOA, GROSS 57.038 70.940 77.781 99.942 105.194 112.320 119.337 131.875
ALLOWANCE FOR PROBABLE LOSSES - ROPOA 1.210 1.297 1.527 1.595 2.824 2.840 3.423 3.684
ROPOA, NET 55.828 69.643 76.254 98.347 102.370 109.480 115.914 128.191
OTHER ASSETS 155.698 167.607 195.813 215.544 209.258 217.914 237.072 251.591
   LIABILITIES AND CAPITAL 2,447.131 2,516.550 2,574.784 2,679.564 2,619.627 2,683.115 2,753.668 2,935.976
Liabilities 2,098.535 2,162.012 2,200.978 2,302.029 2,245.282 2,309.006 2,379.537 2,553.619
DEPOSIT LIABILITIES 1,585.114 1,619.953 1,673.039 1,752.034 1,725.468 1,753.563 1,794.654 1,903.456
   Domestic 987.230 1,038.772 1,066.272 1,130.478 1,120.443 1,138.596 1,149.326 1,215.286
      Demand and Now 148.374 163.526 170.436 170.284 182.509 187.687 189.911 189.186
      Savings 788.083 816.806 834.389 899.219 871.108 881.941 888.863 956.010
      Time 50.773 58.440 61.447 60.975 66.825 68.969 70.552 70.090
   Foreign Currency 597.885 581.181 606.767 621.557 605.025 614.966 645.327 688.170
BILLS PAYABLE 282.355 305.986 285.500 317.781 292.091 316.101 329.209 376.835
   Deposit Substitutes 6.687 6.171 4.298 7.458 7.948 7.579 10.594 4.513
   Others 275.668 299.815 281.202 310.324 284.144 308.522 318.615 372.322
SPECIAL FINANCING 3.664 3.428 3.423 4.006 2.226 2.056 1.954 1.875
   Time Certificates of Deposits - SF 3.662 3.418 3.412 2.739 0.699 0.453 0.278 0.187
   Special Time Deposits 0.002 0.010 0.011 1.267 1.527 1.603 1.676 1.689
UNSECURED SUBORDINATED DEBT 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
OTHER LIABILITIES 227.400 232.646 239.016 228.207 225.497 237.286 253.720 271.452
Capital Accounts 348.596 354.538 373.806 377.535 374.345 374.109 374.131 382.358
  CAPITAL STOCK 142.501 146.914 159.156 164.851 165.155 163.532 157.019 167.339
  ASSIGNED CAPITAL 9.047 9.047 9.047 9.447 9.541 9.541 9.753 9.753
  NET DUE TO H.O. BRANCHES/AGENCIES 35.045 35.045 33.695 35.295 35.575 35.575 36.425 36.425
  SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE 162.002 163.532 171.907 167.941 164.073 165.461 170.934 168.840
                       
 
Note: Presented data are based on financial statements periodically submitted by banks in accordance with existing regulations.
Said submissions are processed and aggregated to derive industry results.  For unsubmitted and/or defective bank reports
for the period, the most recent processed report available is used as proxy in the generation of said industry aggregates.
Details may not add up to totals due to rounding.
Source: Bangko Sentral ng Pilipinas