| |
|
|
|
|
|
|
|
|
|
|
|
| 15 SELECTED PERFORMANCE INDICATORS |
|
|
|
|
|
|
|
|
|
| |
Universal and Commercial Banks |
|
|
|
|
|
|
|
|
|
| |
as of end of periods indicated |
|
|
|
|
|
|
|
|
|
| |
in billion pesos |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Selected Ratios |
|
UNIVERSAL
AND COMMERCIAL BANKS |
| |
|
|
|
|
|
|
|
|
|
| |
|
March
2001 |
June 2001 |
Sept 2001 |
Dec 2001 |
March
2002 |
June 2002 |
Sept 2002 |
Dec 2002 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
ANNUAL GROWTH RATES |
|
|
|
|
|
|
|
|
|
| |
Balance Sheet |
|
|
|
|
|
|
|
|
|
| |
Total Assets |
|
10.9 |
10.0 |
6.7 |
0.2 |
2.0 |
1.7 |
3.7 |
6.8 |
| |
Cash and Due From Banks |
|
18.2 |
4.8 |
(1.8) |
(17.4) |
(8.2) |
(14.1) |
(4.6) |
11.3 |
| |
Interbank Loans Receivable |
|
(23.2) |
10.1 |
5.2 |
14.1 |
32.5 |
42.9 |
21.5 |
3.9 |
| |
Loans, gross (exclusive of IBL) |
|
5.0 |
4.1 |
(0.3) |
(1.9) |
2.3 |
(2.7) |
1.8 |
1.6 |
| |
Allowance for Probable Losses |
|
16.5 |
18.8 |
17.3 |
18.8 |
19.1 |
13.8 |
13.9 |
10.8 |
| |
Loans, net (exclusive of IBL) |
|
4.1 |
2.9 |
(1.7) |
(3.6) |
0.9 |
(4.3) |
0.7 |
0.7 |
| |
Investments, net |
|
30.9 |
25.0 |
31.2 |
15.8 |
3.7 |
11.7 |
7.8 |
16.2 |
| |
ROPOA, net |
|
28.3 |
25.6 |
22.1 |
17.9 |
19.2 |
15.8 |
18.9 |
14.4 |
| |
Other Assets |
|
13.2 |
12.0 |
1.0 |
(10.4) |
(7.9) |
(4.5) |
(2.5) |
4.3 |
| |
Total Liabilities |
|
11.8 |
10.9 |
7.3 |
0.0 |
2.2 |
1.6 |
3.1 |
7.0 |
| |
Deposits |
|
10.6 |
12.9 |
8.8 |
4.7 |
5.1 |
1.9 |
4.9 |
6.7 |
| |
Bills Payable |
|
18.7 |
4.2 |
3.6 |
(17.6) |
(14.1) |
(0.1) |
(9.6) |
5.1 |
| |
Special Financing |
|
(25.7) |
(23.4) |
(6.0) |
(14.8) |
(18.5) |
(24.8) |
(39.5) |
(31.2) |
| |
Unsecured Subordinated Debt |
|
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| |
Other Liabilities |
|
12.1 |
5.3 |
1.0 |
(7.9) |
3.3 |
1.9 |
6.2 |
11.7 |
| |
Total Capital Accounts |
|
5.9 |
4.5 |
2.9 |
1.7 |
0.4 |
2.2 |
7.6 |
5.1 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Income Statement |
|
|
|
|
|
|
|
|
|
| |
Total Operating Income |
|
15.9 |
14.0 |
13.3 |
7.1 |
4.4 |
14.5 |
16.1 |
15.4 |
| |
Net Interest Income |
|
5.7 |
6.3 |
3.1 |
0.7 |
(6.5) |
0.4 |
2.1 |
3.6 |
| |
Non-Interest Income |
|
36.6 |
30.4 |
36.4 |
20.4 |
21.5 |
39.0 |
40.0 |
35.7 |
| |
Operating Expenses |
|
8.3 |
13.4 |
13.5 |
8.2 |
0.3 |
2.2 |
1.5 |
4.2 |
| |
Bad Debts / Provisions for Probable Losses |
|
30.4 |
46.7 |
41.3 |
25.4 |
(11.1) |
0.1 |
(0.8) |
9.0 |
| |
Other Operating Expenses |
|
4.4 |
7.4 |
8.2 |
4.8 |
2.8 |
2.8 |
2.1 |
3.1 |
| |
Net Operating Income |
|
139.9 |
23.4 |
9.4 |
(9.9) |
34.9 |
189.1 |
373.2 |
235.5 |
| |
Extraordinary Credits/(Charges) |
|
55.5 |
29.1 |
20.8 |
26.9 |
(39.8) |
(39.2) |
(39.2) |
(36.9) |
| |
Net Income After Tax (NIAT) |
|
118.0 |
40.0 |
10.4 |
14.5 |
21.5 |
94.6 |
144.8 |
84.4 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |
SELECTED RATIOS |
|
|
|
|
|
|
|
|
|
| |
LIQUIDITY |
|
|
|
|
|
|
|
|
|
| |
Cash and Due from Banks to Deposits |
|
16.5 |
16.5 |
14.6 |
13.3 |
14.4 |
13.9 |
13.3 |
13.9 |
| |
Liquid Assets to Deposits |
|
48.6 |
47.7 |
48.1 |
45.5 |
45.9 |
48.4 |
47.6 |
49.2 |
| |
Loans, gross to Deposits |
|
81.4 |
79.6 |
80.5 |
81.6 |
81.4 |
79.3 |
79.8 |
77.9 |
| |
ASSET
QUALITY |
|
|
|
|
|
|
|
|
|
| |
Non-performing Loans (NPL) Ratio |
|
16.6 |
17.0 |
17.9 |
17.3 |
18.0 |
18.1 |
16.4 |
15.0 |
| |
Non-performing Loans (NPL) Ratio
(exclusive of IBL) |
18.3 |
18.7 |
20.1 |
19.8 |
20.4 |
20.8 |
18.8 |
17.1 |
| |
NPL Coverage Ratio 1/ |
|
42.6 |
45.0 |
43.5 |
45.2 |
44.5 |
47.3 |
48.1 |
51.2 |
| |
Non-performing Assets(NPA) to Gross
Assets |
|
13.0 |
13.4 |
14.0 |
14.3 |
14.8 |
14.5 |
14.0 |
13.1 |
| |
NPA Coverage Ratio |
NPA Coverage Ratio 2/ |
|
29.0 |
30.9 |
30.1 |
30.6 |
30.2 |
31.8 |
30.9 |
31.7 |
| |
Distressed
Asset Ratio |
Distressed Asset Ratio 3/ |
|
26.8 |
27.5 |
28.6 |
28.6 |
29.3 |
29.6 |
28.8 |
27.9 |
| |
CAPITAL ADEQUACY |
|
|
|
|
|
|
|
|
|
| |
Capital
Adequacy Ratio (CAR) |
Capital Adequacy Ratio (CAR) 4/ |
|
|
|
|
|
|
|
|
|
| |
Solo Basis |
|
|
|
13.2 |
14.1 |
15.4 |
15.4 |
15.5 |
15.0 |
| |
Consolidated Basis |
|
|
|
14.4 |
15.3 |
16.6 |
16.6 |
16.7 |
16.6 |
| |
Total Capital Accounts to Total Assets |
|
13.6 |
13.2 |
13.1 |
13.2 |
13.4 |
13.3 |
13.6 |
13.0 |
| |
PROFITABILITY 5/ |
|
|
|
|
|
|
|
|
|
| |
Earning Asset Yield 6/ |
|
10.4 |
10.7 |
10.5 |
9.7 |
9.2 |
8.5 |
7.9 |
7.2 |
| |
Funding Cost 7/ |
|
6.5 |
6.6 |
6.6 |
6.0 |
5.6 |
4.9 |
4.3 |
3.7 |
| |
Interest Spread /8 |
|
4.0 |
4.2 |
3.9 |
3.7 |
3.6 |
3.7 |
3.6 |
3.5 |
| |
Net Interest Margin 9/ |
|
3.8 |
3.8 |
3.7 |
3.5 |
3.5 |
3.5 |
3.5 |
3.5 |
| |
Net Interest Income to Total Operating Incom |
|
65.8 |
65.1 |
62.9 |
63.4 |
61.6 |
59.1 |
57.4 |
56.9 |
| |
Cost to Income Ratio 10/ |
|
76.8 |
76.6 |
76.4 |
77.3 |
76.9 |
72.9 |
70.0 |
69.0 |
| |
Return on Assets |
|
0.5 |
0.5 |
0.4 |
0.5 |
0.5 |
0.7 |
0.8 |
0.8 |
| |
Return on Equity |
|
3.6 |
3.5 |
3.2 |
3.4 |
3.6 |
5.0 |
6.2 |
6.1 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1/ Ratio of
Loan Loss Reserves to NPL |
|
|
|
|
|
|
|
|
|
|
2/ Ratio of
valuation reserves (for loans and ROPOA) to NPAs |
|
|
|
|
|
|
|
|
3/ Ratio of NPL + ROPOA, gross + Restructured
Loans, current to TLP, gross + ROPOA, gross. Effective 31 July 2004, |
|
|
Restructured Loans, performing was used
in lieu of Restructured Loans, current. |
|
|
|
|
|
|
4/ Based on the new framework provided for under Circular No.
280 dated 29 March 2001 which was formally adopted |
|
|
starting 1 July 2001 |
|
|
|
|
|
|
5/ Income and Expenses accounts annualized |
|
|
|
|
|
|
6/ Refers to
the ratio of Interest Income to Average Earning Assets |
|
|
|
|
|
|
|
|
7/ Refers to
the ratio of Interest Expenses to Average Interest-Bearing Liabilities |
|
|
|
|
|
|
8/ Refers to
the difference between Earning Asset Yield and Funding Cost |
|
|
|
|
|
|
|
9/ Refers to
the ratio of Net Interest Income to Average Earning Assets |
|
|
|
|
|
|
|
10/ Refers
to the ratio of Operating Expense (composed of Non-interest Operating Expense
exclusive Bad Debts and Provisions) |
|
to Operating Income (composed of Net Interest Income and
non-interest operating income) |
|
|
|
|
|
Source: Supervisory Data Center, Supervision
and Examination Sector |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|