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