37 SELECTED ASSET QUALITY INDICATORS  
          Rural and Cooperative Banking System  
          as of end of periods indicated  
          in billion pesos  
                       
ACCOUNTS   1999   2000  
  Mar June Sept Dec   Mar June Sept Dec  
Total Rural and Cooperative Banks                      
     Total Loan Portfolio, gross   41.930 41.684 41.678 41.600   41.327 41.812 42.073 42.280  
     Past Due Loans 1/   8.237 8.506 8.334 8.159   8.158 8.281 8.066 7.801  
     Non-performing Loans    8.237 8.506 8.334 8.159   8.158 8.281 8.066 7.658  
     Loan Loss Reserves   1.383 1.574 1.705 1.873   1.959 2.001 2.061 2.161  
     ROPOA, gross   2.611 2.928 3.281 3.821   3.955 4.332 5.056 5.589  
     Restructured Loans, current   0.000 0.000 0.000 0.000   0.000 0.000 1.080 1.030  
     Non-performing Assets   10.848 11.434 11.615 11.979   12.113 12.613 13.122 13.247  
     Gross Assets 2/   60.811 60.981 61.473 61.852   63.421 65.017 65.884 67.541  
     Allowance for ROPOA   0.000 0.000 0.000 0.000   0.000 0.000 0.133 0.138  
     Distressed Assets 3/   10.848 11.434 11.615 11.979   12.113 12.613 14.202 14.277  
Rural Banks                      
     Total Loan Portfolio, gross   38.576 38.304 38.196 38.033   37.638 38.023 38.267 38.412  
     Past Due Loans 1/   7.549 7.750 7.561 7.253   7.196 7.296 7.116 6.835  
     Non-performing Loans    7.549 7.750 7.561 7.253   7.196 7.296 7.116 6.702  
     Loan Loss Reserves   1.272 1.452 1.556 1.705   1.780 1.813 1.869 1.964  
     ROPOA, gross   2.418 2.708 3.052 3.600   3.955 4.332 4.801 5.324  
     Restructured Loans, current   0.000 0.000 0.000 0.000   0.000 0.000 1.019 0.962  
     Non-performing Assets   9.967 10.458 10.613 10.853   11.152 11.628 11.917 12.026  
     Gross Assets 2/   56.450 56.516 56.767 57.082   58.431 59.893 60.748 62.318  
     Allowance for ROPOA   0.000 0.000 0.000 0.000   0.000 0.000 0.126 0.131  
     Distressed Assets 3/   9.967 10.458 10.613 10.853   11.152 11.628 12.936 12.988  
Cooperative Banks                      
     Total Loan Portfolio, gross   3.354 3.380 3.481 3.567   3.689 3.789 3.806 3.868  
     Past Due Loans 1/   0.688 0.756 0.773 0.906   0.962 0.985 0.950 0.966  
     Non-performing Loans    0.688 0.756 0.773 0.906   0.962 0.985 0.950 0.957  
     Loan Loss Reserves   0.110 0.122 0.150 0.168   0.179 0.188 0.192 0.197  
     ROPOA, gross   0.193 0.220 0.229 0.221   0.000 0.000 0.254 0.265  
     Restructured Loans, current   0.000 0.000 0.000 0.000   0.000 0.000 0.061 0.068  
     Non-performing Assets   0.881 0.976 1.002 1.126   0.962 0.985 1.205 1.222  
     Gross Assets 2/   4.361 4.465 4.706 4.770   4.990 5.125 5.135 5.223  
     Allowance for ROPOA   0.000 0.000 0.000 0.000   0.000 0.000 0.007 0.007  
     Distressed Assets 3/   0.881 0.976 1.002 1.126   0.962 0.985 1.266 1.290  
                       
                       
37 SELECTED ASSET QUALITY INDICATORS  
          Rural and Cooperative Banking System  
          as of end of periods indicated  
          in percent  
                       
RATIOS   1999   2000  
  Mar June Sept Dec   Mar June Sept Dec  
                       
Total                      
     LLR to TLP   3.3 3.8 4.1 4.5   4.7 4.8 4.9 5.1  
     Past Due Ratio   19.6 20.4 20.0 19.6   19.7 19.8 19.2 18.5  
     NPL Ratio   19.6 20.4 20.0 19.6   19.7 19.8 19.2 18.1  
     NPL Coverage Ratio   16.8 18.5 20.5 23.0   24.0 24.2 25.6 28.2  
     NPA Ratio    17.8 18.8 18.9 19.4   19.1 19.4 19.9 19.6  
     NPA Coverage Ratio   12.7 13.8 14.7 15.6   16.2 15.9 16.7 17.4  
     Distressed Asset Ratio   24.4 25.6 25.8 26.4   26.8 27.3 30.1 29.8  
                       
Rural Banks                      
     LLR to TLP   3.3 3.8 4.1 4.5   4.7 4.8 4.9 5.1  
     Past Due Ratio   19.6 20.2 19.8 19.1   19.1 19.2 18.6 17.8  
     NPL Ratio   19.6 20.2 19.8 19.1   19.1 19.2 18.6 17.4  
     NPL Coverage Ratio   16.9 18.7 20.6 23.5   24.7 24.8 26.3 29.3  
     NPA Ratio    17.7 18.5 18.7 19.0   19.1 19.4 19.6 19.3  
     NPA Coverage Ratio   12.8 13.9 14.7 15.7   16.0 15.6 16.7 17.4  
     Distressed Asset Ratio   24.3 25.5 25.7 26.1   26.8 27.5 30.0 29.7  
                       
Cooperative Banks                      
     LLR to TLP   3.3 3.6 4.3 4.7   4.8 5.0 5.1 5.1  
     Past Due Ratio   20.5 22.4 22.2 25.4   26.1 26.0 25.0 25.0  
     NPL Ratio   20.5 22.4 22.2 25.4   26.1 26.0 25.0 24.7  
     NPL Coverage Ratio   16.0 16.2 19.4 18.5   18.6 19.1 20.2 20.6  
     NPA Ratio    20.2 21.9 21.3 23.6   19.3 19.2 23.5 23.4  
     NPA Coverage Ratio   12.5 12.5 14.9 14.9   18.6 19.1 16.6 16.7  
     Distressed Asset Ratio   24.8 27.1 27.0 29.7   26.1 26.0 31.2 31.2  
                       
                       
1/ Inclusive of Items In Litigation  
2/ Refers to Total Assets net of reserves plus Loan Loss Reserves (LLR) plus Provisions for ROPOA  
3/ Refers to Non-Performing Loans (NPLs), ROPOA gross and Restructured Loans, current  
Legend:  
TLP refers to Total Loan Portfolio
NPL refers to Non-Performing Loans
LLR refers to Loan Loss Reserves  
ROPOA refers to Real and other Properties Owned or Acquired
NPA refers to Non-Performing Assets which consist of NPLs and ROPOA , gross
Note: Details may not add up to totals due to rounding-off  
Source: Supervisory Reports and Studies Office, Supervision and Examination Sector  
Updated as of 12 March 2004