19 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
   
ASSET QUALITY INDICATORS 1/
GROSS ASSETS 2/ 599.833 626.111 636.663 642.214 647.436 671.191 719.524 712.230
TOTAL LOAN PORTFOLIO, GROSS 326.777 341.169 360.950 347.441 344.300 354.054 370.966 334.691
LOAN LOSS RESERVES 20.503 20.077 20.449 21.020 21.004 21.171 20.178 20.971
INTERBANK LOANS RECEIVABLES 49.757 64.652 76.395 69.550 69.812 70.879 86.805 47.204
RESTRUCTURED LOANS, GROSS 13.818 13.683 13.316 13.116 12.917 12.398 11.026 11.638
RESTRUCTURED LOANS, CURRENT/PERFORMING 9.626 9.673 9.324 9.007 7.612 7.406 6.652 7.321
NON-PERFORMING LOANS 32.244 33.366 31.809 31.427 33.010 34.084 33.565 32.592
ROPOA, GROSS 23.904 25.141 26.155 27.009 27.192 27.710 28.546 28.367
ALLOWANCE FOR ROPOA 1.183 1.201 1.142 1.306 1.451 1.446 1.426 1.101
NON-PERFORMING ASSETS (NPA) 3/ 56.147 57.639 57.040 57.403 59.013 61.104 60.695 59.560
ALLOWANCE ON NPA 21.686 21.278 21.591 22.326 22.455 22.617 21.604 22.072
DISTRESSED ASSETS  4/ 65.774 68.181 67.288 67.443 67.813 69.200 68.763 68.279
ROPOA, GROSS (Net of Performing SCR) 23.903 24.273 25.231 25.976 26.004 27.020 27.130 26.969
PERFORMING SALES CONTRACT RECEIVABLES (SCR) 0.000 0.868 0.924 1.033 1.188 0.690 1.416 1.398
 
 
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