19 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
	ASSET QUALITY INDICATORS 1/
		GROSS ASSETS 2/		653.911	675.777	633.700	643.888	643.711	643.033	654.126	606.658
		TOTAL LOAN PORTFOLIO, GROSS		374.747	397.115	373.405	375.260	379.095	370.643	367.965	349.004
		LOAN LOSS RESERVES		19.848	24.148	21.784	22.773	24.252	24.501	21.957	20.082
		INTERBANK LOANS RECEIVABLES		63.202	81.308	78.363	78.175	64.730	59.232	57.958	66.481
		RESTRUCTURED LOANS, GROSS		10.485	12.101	12.176	12.829	12.963	13.072	16.816	13.823
		RESTRUCTURED LOANS, CURRENT/PERFORMING		6.738	8.035	7.975	8.313	8.563	7.857	12.290	10.272
		NON-PERFORMING LOANS		41.772	45.661	43.450	47.249	45.348	53.869	42.393	30.553
		ROPOA, GROSS		14.457	17.752	18.291	18.997	19.180	18.905	24.025	23.510
		ALLOWANCE FOR ROPOA		0.747	1.050	0.787	0.999	1.067	0.841	1.097	1.183
		NON-PERFORMING ASSETS (NPA) 3/		56.229	63.413	61.741	66.246	64.528	72.774	66.418	54.063
		ALLOWANCE ON NPA		20.595	25.198	22.571	23.772	25.320	25.342	23.054	21.265
		DISTRESSED ASSETS  4/		62.967	71.448	69.716	74.559	73.091	80.631	78.708	64.335
		ROPOA, GROSS (Net of Performing SCR)
		PERFORMING SALES CONTRACT RECEIVABLES (SCR)
	1/ Pursuant to Circular No. 351 and 380
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
	3/ Refers to NPLs plus ROPOA (effective June 2003, ROPOA net of Performing Sales Receivables)
	4/ Refers to the sum of Non Performing Loans, ROPOA (Gross) and Restructured Loans, current.
	Effective 31 July 2004, Restructured Loans, performing was used in lieu of Restructured Loans, current.
	Note: Details may not add-up to totals due to rounding-off
	Source: Supervisory Data Center, Supervision and Examination Sector