| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 4 SELECTED PERFORMANCE INDICATORS |
|
|
|
|
|
| Philippine
Banking System |
|
| for the periods
indicated |
|
| in percent |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
2001 |
|
2002 |
|
| |
Mar |
June |
Sept |
Dec |
|
Mar |
|
June |
|
Sept |
|
Dec |
|
| Annual Growth Rates |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance Sheet |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
10.9
|
9.9
|
6.8
|
0.8
|
|
2.3
|
|
2.3
|
|
4.4
|
|
6.6
|
|
| Cash and Due From Banks |
16.8
|
4.5
|
(2.2) |
(16.5) |
|
(6.9) |
|
(12.4) |
|
(2.8) |
|
10.8
|
|
| Interbank Loans Receivable |
(22.0) |
10.8
|
4.4
|
12.9
|
|
29.6
|
|
42.5
|
|
23.0
|
|
5.1
|
|
| Loans, gross (exclusive of IBL) |
5.2
|
4.5
|
0.3
|
(1.0) |
|
2.7
|
|
(1.5) |
|
2.8
|
|
2.2
|
|
| Allowance for probable losses |
17.0
|
11.7
|
4.9
|
18.0
|
|
(3.9) |
|
13.9
|
|
13.9 |
|
10.0 |
|
| Loans, net (exclusive of IBL) |
4.4
|
3.1
|
(0.9) |
(2.5) |
|
1.4
|
|
(2.9) |
|
1.7
|
|
1.4
|
|
| Investments (net) |
30.7
|
25.0
|
31.2
|
15.7
|
|
3.4
|
|
11.5
|
|
7.9
|
|
15.8
|
|
| Other Assets |
17.0
|
15.5
|
7.4
|
(1.0) |
|
1.4
|
|
2.6
|
|
4.8
|
|
6.1
|
|
| Deposits |
10.8
|
13.0
|
9.2
|
5.5
|
|
5.7
|
|
3.0
|
|
6.1
|
|
7.0
|
|
| Bills Payable |
19.6
|
4.9
|
3.3
|
(17.2) |
|
(14.5) |
|
(0.7) |
|
(9.4) |
|
4.0
|
|
| Special Financing |
(25.5) |
(21.7) |
(10.4) |
(15.3) |
|
(16.7) |
|
(20.8) |
|
(32.1) |
|
(23.8) |
|
| Other Liabilities |
9.5
|
3.2
|
0.8
|
(7.9) |
|
3.3
|
|
2.6
|
|
6.9
|
|
10.7
|
|
| Total capital accounts |
6.1
|
4.3
|
2.4
|
1.3
|
|
(0.0) |
|
1.6
|
|
6.6
|
|
4.6
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income Statement |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Operating Income |
13.3
|
11.9
|
11.5
|
6.8
|
|
5.1
|
|
13.7
|
|
15.6
|
|
15.4
|
|
| Net Interest Income |
5.1
|
5.7
|
3.1
|
1.7
|
|
(5.8) |
|
1.4
|
|
3.4
|
|
5.6
|
|
| Non-Interest Income |
30.0
|
25.1
|
30.5
|
17.3
|
|
22.8
|
|
35.8
|
|
37.3
|
|
33.1
|
|
| Operating Expenses |
8.2
|
12.5
|
11.4
|
7.4
|
|
0.7
|
|
2.4
|
|
1.9
|
|
3.7
|
|
| Bad Debts / Provisions for Probable
Losses |
31.0
|
45.7
|
30.6
|
18.9
|
|
(10.7) |
|
1.1
|
|
1.9
|
|
11.2
|
|
| Other Operating Expenses |
4.6
|
7.2
|
8.0
|
5.3
|
|
2.9
|
|
2.6
|
|
2.0
|
|
2.2
|
|
| Net Operating Income |
105.1
|
2.3
|
14.8
|
(9.2) |
|
46.7
|
|
229.3
|
|
523.3
|
|
374.7
|
|
| Extraordinary Credits/(Charges) |
66.7
|
43.9
|
31.1
|
31.9
|
|
(29.9) |
|
(26.4) |
|
(31.8) |
|
(46.1) |
|
| Net Income After Tax (NIAT) |
104.2
|
36.8
|
23.7
|
23.6
|
|
29.7
|
|
100.8
|
|
147.3
|
|
84.7
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Selected Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Liquidity |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and due from banks to deposits |
16.4
|
16.4
|
14.7
|
13.6
|
|
14.4
|
|
14.0
|
|
13.4
|
|
14.1
|
|
| Liquid Assets to Deposits |
47.2
|
46.3
|
46.7
|
44.4
|
|
44.5
|
|
46.6
|
|
46.0
|
|
47.7
|
|
| Loans (gross) to deposits |
82.7
|
80.7
|
81.6
|
82.4
|
|
82.2
|
|
80.2
|
|
80.6
|
|
78.9
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asset Quality |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-performing Loans (NPL) Ratio
(inclusive of IBL) |
16.2
|
16.5
|
17.4
|
16.9
|
|
17.6
|
|
17.6
|
|
16.2
|
|
14.6
|
|
| Non-performing Loans (NPL) Ratio
(exclusive of IBL) |
17.7
|
18.1
|
19.3
|
19.0
|
|
19.7
|
|
20.0
|
|
18.3
|
|
16.6
|
|
| NPL Coverage Ratio 1/ |
42.7
|
44.9
|
43.6
|
45.3
|
|
44.4
|
|
47.0
|
|
47.4
|
|
50.2
|
|
| Non-performing Assets(NPA) to Gross
Assets |
13.3
|
13.7
|
14.3
|
14.6
|
|
15.1
|
|
14.9
|
|
14.4
|
|
13.4
|
|
|
NPA Coverage Ratio 2/ |
28.2
|
29.9
|
29.2
|
29.6
|
|
29.1
|
|
30.5
|
|
29.5
|
|
30.1
|
|
| Distressed Asset Ratio 3/ |
26.7
|
27.5
|
28.4
|
28.4
|
|
29.3
|
|
29.5
|
|
28.8
|
|
27.7
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Capital Adequacy |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net worth to risk assets ratio 4/ |
17.2
|
16.7
|
16.5
|
16.1 |
|
16.8
|
|
16.6
|
|
17.3
|
|
16.7
|
|
| Capital Adequacy Ratio (CAR) 5/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Solo Basis 5/ |
-
|
-
|
-
|
14.5
|
|
15.7
|
* |
15.7
|
* |
15.7
|
* |
15.5
|
|
| Consolidated Basis 5/ |
-
|
-
|
-
|
15.6
|
|
16.8
|
* |
16.8
|
* |
16.7
|
* |
16.9
|
|
| Total capital accounts to total assets |
14.1
|
13.7
|
13.6
|
13.6
|
|
13.8
|
|
13.6
|
|
13.8
|
|
13.4
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Profitability 6/ |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cost to Income Ratio |
80.1
|
80.0
|
79.9
|
80.7
|
|
80.2
|
|
76.4
|
|
73.3
|
|
71.4
|
|
|
Return on assets (ROA) |
0.5
|
0.4
|
0.4
|
0.4
|
|
0.5
|
|
0.6
|
|
0.8
|
|
0.8
|
|
|
Return on equity (ROE) |
3.1
|
3.1
|
3.0
|
3.2
|
|
3.4
|
|
4.7
|
|
5.9
|
|
5.8
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
|
|
|
| 4/ Based on the old framework provided for under
Section 22 of the old General Banking Act |
| 5/ Based on the new framework provided for under
Circular No. 280 dated 29 March 2001 which
was formally adopted starting 1 July 2001 |
| 6/ Annualized |
|
| * Universal & Commercial and Thrift Banks only |
|
| Source:
Supervisory Reports and Studies Office, Supervision and Examination Sector |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Updated as of
12 March 2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|