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| 4 SELECTED PERFORMANCE INDICATORS |
|
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| Philippine
Banking System |
|
| for the periods
indicated |
|
| in percent |
| |
|
|
|
|
|
|
|
|
|
|
| |
1999 |
|
2000 |
|
| |
Mar |
June |
Sept |
Dec |
|
Mar |
June |
Sept |
Dec |
|
| Annual Growth Rates |
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| |
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|
|
|
| Balance Sheet |
|
|
|
|
|
|
|
|
|
|
|
Total assets |
1.0
|
(0.2) |
2.6
|
6.7
|
|
6.5
|
6.3
|
6.6
|
9.5
|
|
| Cash and Due From Banks |
(2.6) |
(5.7) |
(4.3) |
3.0
|
|
(10.1) |
5.5
|
8.5
|
6.1
|
|
| Interbank Loans Receivable |
19.6
|
5.8
|
5.3
|
19.0
|
|
10.8
|
(30.3) |
(14.9) |
(21.6) |
|
| Loans, gross (exclusive of IBL) |
(4.9) |
(6.7) |
(2.9) |
0.0
|
|
2.0
|
4.2
|
2.4
|
6.8
|
|
| Allowance for probable losses |
68.0
|
64.5
|
53.5
|
45.8
|
|
36.5
|
33.8
|
33.1
|
17.0
|
|
| Loans, net (exclusive of IBL) |
(7.1) |
(9.0) |
(4.9) |
(2.1) |
|
0.1
|
2.5
|
0.6
|
6.0
|
|
| Investments (net) |
15.0
|
14.6
|
14.2
|
9.8
|
|
16.2
|
15.7
|
18.1
|
27.9
|
|
| Other Assets |
18.5
|
26.5
|
28.7
|
37.8
|
|
33.4
|
28.7
|
23.4
|
17.9
|
|
| Deposits |
7.7
|
4.8
|
5.6
|
9.4
|
|
8.0
|
7.7
|
7.0
|
8.6
|
|
| Bills Payable |
(11.9) |
(4.1) |
(2.2) |
5.5
|
|
1.8
|
2.7
|
13.8
|
19.2
|
|
| Special Financing |
(11.3) |
(16.0) |
(12.0) |
(1.5) |
|
(42.5) |
(44.4) |
(46.1) |
(54.0) |
|
| Other Liabilities |
(23.8) |
(27.9) |
(17.3) |
(12.8) |
|
0.3
|
3.1
|
5.8
|
16.2
|
|
| Total capital accounts |
6.0
|
6.4
|
9.6
|
9.9
|
|
8.1
|
5.7
|
1.1
|
2.1
|
|
| |
|
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|
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| Income Statement |
|
|
|
|
|
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|
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| Total Operating Income |
(21.8) |
(14.1) |
(14.0) |
(8.9) |
|
(8.6) |
(11.6) |
(9.7) |
(8.6) |
|
| Net Interest Income |
(25.9) |
(22.1) |
(21.8) |
(18.6) |
|
(13.0) |
(11.2) |
(9.2) |
(7.6) |
|
| Non-Interest Income |
(9.8) |
9.2
|
10.8
|
19.5
|
|
1.8
|
(12.3) |
(10.8) |
(10.6) |
|
| Operating Expenses |
(5.5) |
(3.8) |
(5.9) |
(1.1) |
|
(2.9) |
(3.9) |
(2.4) |
(10.4) |
|
| Bad Debts / Provisions for Probable
Losses |
(15.1) |
(9.5) |
(15.6) |
(5.9) |
|
(35.5) |
(36.6) |
(25.4) |
(48.9) |
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| Other Operating Expenses |
(2.7) |
(2.2) |
(3.2) |
0.8
|
|
5.4
|
4.5
|
3.3
|
3.5
|
|
| Net Operating Income |
(67.7) |
(50.2) |
(51.8) |
(82.8) |
|
(55.2) |
(62.8) |
(76.6) |
86.7
|
|
| Extraordinary Credits/(Charges) |
1.6
|
37.8
|
56.1
|
23.6
|
|
(15.3) |
(28.5) |
(23.3) |
(25.7) |
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| Net Income After Tax (NIAT) |
(55.5) |
(34.6) |
(26.9) |
(46.5) |
|
(52.9) |
(59.8) |
(59.3) |
(3.0) |
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| Selected Ratios |
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| Liquidity |
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| Cash and due from banks to deposits |
18.7
|
18.1
|
16.2
|
17.6
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|
15.5
|
17.8
|
16.4
|
17.2
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|
| Liquid Assets to Deposits |
42.2
|
42.5
|
39.2
|
40.7
|
|
40.9
|
44.1
|
42.2
|
45.0
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| Loans (gross) to deposits |
94.1
|
93.6
|
94.2
|
91.3
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|
89.7
|
87.0
|
88.5
|
86.6
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| Asset Quality |
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| Non-performing Loans (NPL) Ratio
(inclusive of IBL) |
13.7
|
14.2
|
13.6
|
12.7
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|
14.1
|
14.5
|
15.5
|
14.9
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|
| Non-performing Loans (NPL) Ratio
(exclusive of IBL) |
15.3
|
16.1
|
15.4
|
14.6
|
|
15.9
|
15.9
|
17.1
|
16.6
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| NPL Coverage Ratio 1/ |
33.6
|
34.5
|
36.3
|
45.2
|
|
43.2
|
45.1
|
42.3
|
43.7
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|
| Non-performing Assets(NPA) to Gross
Assets |
10.7
|
11.3
|
11.5
|
11.3
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|
12.3
|
12.4
|
13.2
|
12.7
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|
|
NPA Coverage Ratio 2/ |
25.9
|
25.9
|
26.2
|
29.8
|
|
29.0
|
29.8
|
28.6
|
28.6
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| Distressed Asset Ratio 3/ |
19.9
|
21.0
|
21.2
|
21.4
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|
23.1
|
23.9
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24.6
|
25.1
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| Capital Adequacy |
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|
|
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|
|
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| Net worth to risk assets ratio 4/ |
17.9
|
17.6
|
18.0
|
17.5
|
|
17.8
|
17.0
|
16.5
|
16.1
|
|
| Total capital accounts to total assets |
14.5
|
14.5
|
14.9
|
14.5
|
|
14.8
|
14.4
|
14.2
|
13.6
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| Profitability 5/ |
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| Cost to Income Ratio |
69.0
|
69.8
|
71.4
|
72.2
|
|
74.7
|
78.3
|
79.6
|
81.8
|
|
|
Return on assets (ROA) |
0.6
|
0.6
|
0.6
|
0.4
|
|
0.3
|
0.1
|
0.1
|
0.4
|
|
|
Return on equity (ROE) |
4.2
|
3.9
|
3.9
|
2.9
|
|
2.3
|
1.0
|
0.4
|
2.6
|
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| 1/ Ratio of Loan Loss Reserves to NPL |
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| 2/Ratio of valuation reserves (for loans
and ROPOA) to NPAs |
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| 3/Ratio of NPL + ROPOA, gross +
Restructured Loans, current to TLP, gross + ROPOA, gross |
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| 4/ Based on the old framework provided for under
Section 22 of the old General Banking Act |
| 5/ Annualized |
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| Source:
Supervisory Reports and Studies Office, Supervision and Examination Sector |
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| Updated as of
12 March 2004 |
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