17 CONSOLIDATED FINANCIAL STATEMENTS
Commercial Banks
as of end of periods indicated
in billion pesos
	Selected Accounts			COMMERCIAL BANKS
				March 2001	June 2001	Sept 2001	Dec 2001	March 2002	June 2002	Sept 2002	Dec 2002
	CONSOLIDATED STATEMENT OF CONDITION
	ASSETS			633.316	650.579	611.129	620.117	618.391	617.691	631.072	585.392
		CASH AND DUE FROM BANKS		93.208	90.635	77.088	76.665	71.613	68.537	67.543	59.967
		TOTAL LOAN PORTFOLIO, GROSS		374.747	397.115	373.405	375.260	379.095	370.643	370.250	351.058
		Interbank Loans Receivable		63.202	81.308	78.363	78.175	64.730	59.232	57.958	66.481
		Loans and Discounts		250.766	253.191	235.931	236.476	244.556	243.146	235.132	219.714
		Agra/Agri Credit Loans		14.141	14.819	13.140	12.178	12.504	12.010	10.677	10.456
		Development Incentive Loans		1.502	1.458	1.372	1.562	1.614	1.621	1.584	1.669
		Bills Purchased		7.432	6.779	6.597	8.338	9.812	8.077	9.220	9.648
		Customers' Liabilities - LC/TR		16.817	17.283	16.145	17.402	13.302	12.655	12.936	11.253
		Customers' Liabilities - Accept O/S		2.112	2.952	3.673	1.410	1.451	1.468	1.891	1.653
		Trading Account Securities - Loans		8.290	7.224	6.009	6.890	18.162	19.359	24.035	16.360
		Underwriting Accounts		0.000	0.000	0.000	0.000	0.002	0.002	0.002	0.002
		Restructured Loans		10.485	12.101	12.176	12.829	12.963	13.072	16.816	13.823
		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	0.000	0.000	0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - LOANS		19.848	24.148	21.784	22.773	24.252	24.501	24.242	22.136
		TOTAL LOAN PORTFOLIO, NET		354.899	372.967	351.622	352.487	354.843	346.142	346.009	328.922
		TOTAL INVESTMENTS, GROSS		117.383	118.421	117.660	122.610	118.388	127.079	139.645	128.721
		Underwriting Accounts - Equity Securities		0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
		Trading Account Securities - Investments		15.580	12.657	11.913	17.759	13.363	26.662	34.470	24.096
		Trading Account Securities - Equity		0.001	0.001	0.000	0.000	0.000	0.000	0.000	0.000
		Avaiable for Sale Securities (ASS)		31.963	33.853	36.405	36.014	42.319	37.790	41.074	43.894
		Investment in Bonds and Other Debt Instruments		68.331	70.621	68.067	67.604	60.155	60.167	60.709	58.331
		Equity Investments - Allied/Non-Allied Undertakings		1.507	1.289	1.274	1.233	2.551	2.459	3.392	2.399
		ACCUM. MARKET GAIN/LOSS - INVESTMENTS		(0.082)	(0.220)	(0.554)	0.106	0.622	0.393	0.605	0.198
		ALLOW. FOR PROBABLE LOSSES - INVESTMENTS		0.125	0.135	0.242	0.396	0.368	0.301	0.351	0.343
		TOTAL INVESTMENTS, NET		117.176	118.066	116.864	122.319	118.642	127.171	139.898	128.575
		FIXED ASSETS		13.136	11.825	11.415	10.585	11.604	10.940	10.672	10.269
		ROPOA, GROSS		14.457	17.752	18.291	18.997	19.180	18.905	24.025	23.510
		ALLOWANCE FOR PROBABLE LOSSES - ROPOA		0.747	1.050	0.787	0.999	1.067	0.841	1.097	1.183
		ROPOA, NET		13.710	16.702	17.503	17.998	18.113	18.064	22.928	22.326
		OTHER ASSETS		41.187	40.383	36.636	40.062	43.577	46.838	44.022	35.333
	LIABILITIES AND CAPITAL			633.316	650.579	611.129	620.117	618.391	617.691	631.072	585.392
	Liabilities			534.717	551.629	520.789	528.804	524.393	523.612	533.237	496.651
		DEPOSIT LIABILITIES		397.541	414.638	388.956	407.282	395.630	387.527	398.123	374.440
		Domestic		225.787	232.075	218.410	233.765	243.813	234.336	241.514	222.105
		Demand and Now		32.043	33.869	31.615	33.831	35.725	38.536	42.919	39.619
		Savings		164.649	166.438	152.738	164.586	169.937	155.666	158.478	146.776
		Time		29.095	31.768	34.057	35.348	38.151	40.134	40.117	35.710
		Foreign Currency		171.754	182.563	170.546	173.517	151.817	153.191	156.609	152.335
		BILLS PAYABLE		45.703	39.889	38.232	38.113	48.696	56.155	57.260	45.173
		Deposit Substitutes		0.142	0.132	0.150	0.145	0.102	0.470	0.034	0.831
		Others		45.561	39.757	38.082	37.968	48.594	55.685	57.226	44.342
		SPECIAL FINANCING		0.104	0.060	0.280	0.061	0.129	0.030	0.001	0.001
		Time Certificates of Deposits - SF		0.104	0.060	0.280	0.061	0.129	0.030	0.001	0.001
		Special Time Deposits		0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
		UNSECURED SUBORDINATED DEBT		0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
		OTHER LIABILITIES		91.369	97.042	93.321	83.348	79.938	79.900	77.853	77.037
	Capital Accounts			98.599	98.950	90.340	91.313	93.998	94.079	97.835	88.741
		CAPITAL STOCK		43.071	44.385	41.715	42.961	42.376	42.367	42.524	37.009
		ASSIGNED CAPITAL		9.589	9.589	8.543	8.543	8.958	8.958	8.958	8.958
		NET DUE TO H.O. BRANCHES/AGENCIES		37.220	38.354	34.087	34.068	34.400	34.432	35.832	35.695
		SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE		8.719	6.622	5.995	5.741	8.264	8.322	10.521	7.079
	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