28  SELECTED ASSET QUALITY INDICATORS 1/
            Thrift Banking System          
            as of end of periods indicated          
            in billion pesos          
                     
ACCOUNTS 2003   2004  
Mar June r/ Sept Dec r/   Mar June Sept Dec  
TOTAL THRIFT BANKS                    
     Interbank Loans Receivable 4.092 5.217 4.012 5.937   4.374 5.396 4.901 6.070  
     Total Loan Portfolio, gross (inclusive of IBL) 146.634 149.840 154.922 158.511   156.168 160.360 163.824 169.253  
     Past Due Loans 2/ 21.267 21.520 21.855 21.021   21.032 21.529 20.134 20.229  
     Non-performing Loans 18.638 19.304 19.779 19.154   19.299 19.468 18.631 18.564  
     Loan Loss Reserves 7.401 7.354 7.615 7.440   7.532 7.399 7.242 6.874  
     ROPOA, gross 3/ 26.956 24.828 25.674 26.540   30.096 31.253 31.182 31.227  
     Restructured Loans, current 2.199 2.497 2.723 3.104   3.091 2.895 2.950 3.050  
     Non-performing Assets 45.594 44.132 45.453 45.693   49.394 50.721 49.813 49.790  
     Gross Assets 4/ 259.470 265.448 270.326 282.837   288.743 297.515 301.304 313.992  
     Allowance for ROPOA 1.034 1.056 1.063 1.104   1.105 1.181 1.539 1.683  
     Distressed Assets 5/ 47.793 48.918 50.684 51.338   55.153 56.527 55.809 56.283  
                     
RATIOS (%)             
                     
TOTAL THRIFT BANKS                    
     LLR to TLP 5.0 4.9 4.9 4.7   4.6 4.6 4.4 4.1  
     Past Due Ratio 14.4 14.3 14.0 13.2   13.3 13.3 12.2 11.9  
     NPL Ratio (inclusive of IBL) 12.7 12.9 12.8 12.1   12.1 12.1 11.4 11.0  
     NPL Ratio (exclusive of IBL) 13.1 13.3 13.1 12.6   12.6 12.6 11.7 11.4  
     NPL Coverage Ratio 39.7 38.1 38.5 38.8   38.0 38.0 38.9 37.0  
     NPA Ratio 17.6 16.6 16.8 16.2   17.1 17.0 16.5 15.9  
     NPA Coverage Ratio 18.5 19.1 19.1 18.7   16.9 16.9 17.6 17.2  
     Distressed Asset Ratio 27.5 27.6 27.7 27.4   29.1 29.1 28.2 27.6  
                     
r/ Revised
1/  As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351 dated 19 September 2002
2/ Inclusive of Items In Litigation
3/ Refers to Real and Other Properties Owned or Acquired, gross excluding performing sales contract receivables          
    as defined per BSP Circular No. 380  dated 28 March 2003
4/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
5/ Refers to NPLs plus ROPOA, gross (inclusive of performaing Sales Contract Receivables) and Restructured Loans, current. Effective 31 July 2004, Restructured Loans performing was used.
Note: Details may not add up to totals due to rounding-off          
Source: Supervisory Data Center, Supervision and Examination Sector          
 
Updated as of 29 December 2005