28  SELECTED ASSET QUALITY INDICATORS  
            Thrift Banking System                    
            as of end of periods indicated                    
            in billion pesos                    
                     
ACCOUNTS 2001   2002  
Mar June Sept Dec   Mar June Sept Dec  
TOTAL THRIFT BANKS                    
     Interbank Loans Receivable 5.826 6.098 3.873 4.858   3.280 8.052 7.238 7.617  
     Total Loan Portfolio, gross (inclusive of IBL) 1/ 139.053 140.695 138.665 141.760   142.960 152.465 154.333 150.860  
     Past Due Loans 2/ 16.891 17.070 17.535 17.690   21.148 21.441 22.904 19.682  
     Non-performing Loans 16.022 16.289 17.031 17.021   20.615 20.496 21.057 17.464  
     Loan Loss Reserves 1/ 7.955 8.077 8.265 8.697   9.392 9.515 9.200 7.530  
     ROPOA, gross 21.862 24.048 24.791 26.165   27.045 28.539 29.117 27.079  
     Restructured Loans, current 2.346 3.642 2.357 2.371   0.936 2.668 2.434 2.178  
     Non-performing Assets 37.884 40.337 41.822 43.186   47.660 49.034 50.174 44.543  
     Gross Assets 3/ 243.892 247.835 245.153 254.753   253.687 266.843 271.653 261.958  
     Allowance for ROPOA 0.921 1.017 0.991 0.832   0.856 0.862 1.033 1.021  
     Distressed Assets 4/ 40.230 43.979 44.179 45.557   48.596 51.703 52.608 46.721  
                     
RATIOS (%)         
                     
TOTAL THRIFT BANKS                    
     LLR to TLP 5.7 5.7 6.0 6.1   6.6 6.2 6.0 5.0  
     Past Due Ratio 12.1 12.1 12.6 12.5   14.8 14.1 14.8 13.0  
     NPL Ratio (inclusive of IBL) 11.5 11.6 12.3 12.0   14.4 13.4 13.6 11.6  
     NPL Ratio (exclusive of IBL) 12.0 12.1 12.6 12.4   14.8 14.2 14.3 12.2  
     NPL Coverage Ratio 49.7 49.6 48.5 51.1   45.6 46.4 43.7 43.1  
     NPA Ratio 15.5 16.3 17.1 17.0   18.8 18.4 18.5 17.0  
     NPA Coverage Ratio 23.4 22.5 22.1 22.1   21.5 21.2 20.4 19.2  
     Distressed Asset Ratio 25.0 26.7 27.0 27.1   28.6 28.6 28.7 26.3  
                     
1/ Net of loans classified as "Loss" fully covered by Allowance for Probable Losses as redefined per BSP Circular 351 dated September 2002
2/ Inclusive of Items In Litigation  
3/ Refers to Total Assets net of reserves plus Loan Loss Reserves (LLR) plus Provisions for ROPOA  
4/ Refers to Non-Performing Loans (NPLs), ROPOA gross and Restructured Loans, current
Legend:
TLP refers to Total Loan Portfolio
NPL refers to Non-Performing Loans
LLR refers to Loan Loss Reserves  
ROPOA refers to Real and other Properties Owned or Acquired
NPA refers to Non-Performing Assets which consist of NPLs and ROPOA , gross
Note: Details may not add up to totals due to rounding-off    
Source: Supervisory Reports and Studies Office, Supervision and Examination Sector  
 
Updated as of 12 March 2004