17 CONSOLIDATED FINANCIAL STATEMENTS                  
Commercial Banks
as of end of periods indicated
in billion pesos
 
Selected Accounts COMMERCIAL BANKS  
           
  March 2003 June 2003 Sept 2003 Dec 2003 March 2004 June 2004 Sept 2004 Dec 2004
CONSOLIDATED STATEMENT OF CONDITION
  ASSETS 578.147 604.834 615.072 619.887 624.981 648.574 697.920 690.157
CASH AND DUE FROM BANKS 62.119 55.302 53.873 57.328 58.348 48.858 49.635 67.077
TOTAL LOAN PORTFOLIO, GROSS 328.064 343.641 363.588 349.777 345.986 355.707 373.280 337.000
   Interbank Loans Receivable 49.757 64.652 76.395 69.550 69.812 70.879 86.805 47.204
   Loans and Discounts 220.047 214.283 209.212 193.984 197.673 203.366 203.094 204.331
   Agra/Agri Credit Loans 10.696 11.216 10.275 9.390 10.160 9.071 9.981 10.503
   Development Incentive Loans 1.722 1.910 1.903 1.987 1.997 1.910 1.900 1.964
   Bills Purchased 7.142 9.658 8.266 12.190 8.429 9.275 8.034 12.456
   Customers' Liabilities - LC/TR 11.770 12.653 12.633 12.276 11.934 15.089 16.462 16.254
   Customers' Liabilities - Accept O/S 2.227 1.980 2.020 1.997 2.054 2.243 2.103 1.725
   Trading Account Securities - Loans 10.884 13.606 29.568 15.768 11.399 10.993 12.834 8.290
   Underwriting Accounts 0.002 0.000 0.000 0.000 0.000 0.000 0.000 0.000
   Restructured Loans 13.818 13.683 13.316 13.116 12.917 12.398 11.026 11.638
   Credit Card Receivables 0.000 0.000 0.000 19.518 19.613 20.483 21.040 22.634
   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 21.791 22.549 23.087 23.356 22.690 22.824 22.491 23.281
TOTAL LOAN PORTFOLIO, NET 306.273 321.092 340.501 326.421 323.296 332.883 350.789 313.720
TOTAL INVESTMENTS, GROSS 139.186 154.713 144.807 158.884 167.394 190.260 216.600 225.294
  Underwriting Accounts - Equity Securities 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
  Trading Account Securities - Investments 32.034 43.226 19.435 18.374 16.260 20.032 21.726 27.430
  Trading Account Securities - Equity 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
  Avaiable for Sale Securities (ASS) 39.751 45.279 54.291 67.444 60.649 75.501 98.048 94.190
  Investment in Bonds and Other Debt Instruments 63.870 64.035 69.142 71.173 88.569 92.703 94.716 101.577
  Equity Investments - Allied/Non-Allied Undertakings 3.531 2.172 1.939 1.893 1.916 2.024 2.110 2.098
ACCUM. MARKET GAIN/LOSS - INVESTMENTS (0.015) 0.731 0.595 0.288 (0.577) (0.803) (0.076) (0.133)
ALLOW. FOR PROBABLE LOSSES - INVESTMENTS 0.343 0.206 0.234 0.220 0.208 0.207 0.210 0.268
TOTAL INVESTMENTS, NET 138.828 155.238 145.169 158.952 166.610 189.249 216.314 224.894
FIXED ASSETS 10.064 10.627 10.650 10.367 10.201 10.213 10.174 10.157
ROPOA, GROSS 23.904 25.141 26.155 27.009 27.192 27.710 28.546 28.367
ALLOWANCE FOR PROBABLE LOSSES - ROPOA 1.183 1.201 1.142 1.306 1.451 1.446 1.426 1.101
ROPOA, NET 22.720 23.941 25.013 25.703 25.741 26.264 27.120 27.266
OTHER ASSETS 38.143 38.634 39.866 41.117 40.785 41.106 43.889 47.044
   LIABILITIES AND CAPITAL 578.147 604.834 615.072 619.887 624.981 648.574 697.920 690.157
Liabilities 488.591 512.615 522.065 526.550 532.554 541.385 589.574 581.081
DEPOSIT LIABILITIES 368.158 365.835 385.797 385.508 404.440 399.855 420.798 434.846
   Domestic 219.212 215.080 226.084 219.754 223.901 223.134 230.560 245.540
      Demand and Now 40.109 39.782 42.289 45.579 47.739 47.378 47.762 51.912
      Savings 142.455 122.017 129.575 118.427 117.086 105.743 106.174 112.461
      Time 36.648 53.281 54.220 55.748 59.075 70.013 76.624 81.167
   Foreign Currency 148.946 150.755 159.713 165.755 180.540 176.721 190.238 189.306
BILLS PAYABLE 47.200 48.073 44.394 51.695 58.236 58.315 56.391 58.970
   Deposit Substitutes 0.273 0.010 0.008 4.434 3.961 0.122 0.328 0.825
   Others 46.927 48.063 44.386 47.262 54.275 58.193 56.063 58.145
SPECIAL FINANCING 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001
   Time Certificates of Deposits - SF 0.001 0.001 0.001 0.001 0.001 0.001 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 73.232 98.706 91.873 89.345 69.876 83.214 112.384 87.264
Capital Accounts 89.556 92.219 93.007 93.337 92.428 107.189 108.346 109.076
  CAPITAL STOCK 37.444 38.921 38.921 41.104 41.104 41.105 41.451 42.137
  ASSIGNED CAPITAL 8.958 8.958 8.958 8.958 8.958 11.937 11.937 12.162
  NET DUE TO H.O. BRANCHES/AGENCIES 35.674 35.802 35.773 35.794 35.832 47.750 47.088 45.098
  SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE 7.480 8.538 9.355 7.481 6.534 6.397 7.870 9.679
                       
 
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