15 SELECTED PERFORMANCE INDICATORS  
Commercial Banks
as of end of periods indicated
in billion pesos
 
Selected Ratios COMMERCIAL BANKS
  January 2005 February 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005
ANNUAL GROWTH RATES
   Balance Sheet
       Total Assets 21.9 30.7 32.0 24.2 24.1 24.5 16.8 7.4 3.8 3.6 4.8 0.9
          Cash and Due From Banks 11.8 10.7 8.9 21.5 30.6 42.1 46.5 48.7 52.1 39.8 27.8 14.0
          Interbank Loans Receivable 20.7 7.6 20.0 0.6 -13.1 -8.2 3.9 -14.7 -20.1 -18.7 4.4 28.8
          Loans, gross (exclusive of IBL) 5.6 7.9 8.9 12.8 12.4 11.1 5.5 5.1 1.1 -4.2 0.9 -4.6
             Allowance for Probable Losses -0.8 -7.7 -6.3 -6.4 -9.5 -11.2 -11.3 -11.2 -9.5 -12.3 -12.9 -21.9
          Loans, net (exclusive of IBL) 6.2 9.3 10.3 14.5 14.2 13.0 6.9 6.5 2.1 -3.5 2.0 -3.0
          Investments, net 54.6 90.8 83.5 52.3 58.2 51.8 30.8 -22.2 2.8 8.8 1.5 -6.7
          ROPOA, net 4.2 -16.9 -15.7 -18.1 -18.5 -19.5 -19.7 -22.2 -22.7 -2.9 -21.8 -43.6
          Other Assets 18.5 39.0 38.0 29.9 30.0 33.0 25.7 28.8 23.3 11.8 20.1 32.0
       Total Liabilities 22.0 31.8 33.4 24.5 26.2 28.4 18.9 8.0 3.6 3.6 4.2 0.2
          Deposits 13.0 14.1 14.2 15.2 16.3 17.7 13.6 14.1 11.6 8.7 7.8 1.7
          Bills Payable 17.8 23.9 11.7 20.6 20.9 15.0 8.0 16.9 23.9 23.0 18.4 11.8
          Special Financing 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
          Unsecured Subordinated Debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
          Other Liabilities 76.2 147.9 162.5 62.5 67.6 89.5 49.3 -23.0 -37.8 0.0 0.0 -16.5
          Total Capital Accounts 20.9 24.2 23.6 22.6 12.7 4.4 5.8 4.3 4.8 3.8 8.1 4.7
 
   Income Statement  
       Total Operating Income            -              - 37.9            -            - 38.4            -            - 25.5                    -                    - 15.3
           Net Interest Income            -              - 22.1            -            - 20.4            -            - 16.9                    -                    - 2.6
           Non-Interest Income            -              - 78.1            -            - 96.1            -            - 51.3                    -                    - 52.3
       Operating Expenses            -              - 15.5            -            - 11.4            -            - 18.6                    -                    - 10.3
          Bad Debts / Provisions for Probable Losses            -              - 1.4            -            - -1.8            -            - 27.0                    -                    - -8.1
          Other Operating Expenses            -              - 16.7            -            - 12.8            -            - 17.7                    -                    - 12.8
       Net Operating Income            -              - 93.8            -            - 131.6            -            - 44.3                    -                    - 28.5
       Extraordinary Credits/(Charges)            -              - -61.4            -            - -40.8            -            - -22.6                    -                    - -24.1
       Net Income After Tax (NIAT)            -              - 78.6            -            - 110.7            -            - 39.1                    -                    - 14.9
 
SELECTED RATIOS  
   LIQUIDITY  
      Cash and Due from Banks to Deposits       14.6        14.7       13.7       14.5       14.0       14.7       15.5 14.9 16.1 18.1 16.6 17.3
      Liquid Assets to Deposits       69.8        76.6       79.5       75.9       76.3       75.4       70.0 60.1 63.0 67.2 63.9 64.3
      Loans, gross to Deposits       81.8        80.8       83.2       85.4       85.9       81.1       83.9 79.8 76.5 74.0 79.8 76.3
   ASSET QUALITY  
      Non-performing Loans (NPL) Ratio         8.9          6.8         7.0         6.8         6.9         7.0         6.8 7.0 7.4 8.0 7.3 5.6
      Non-performing Loans (NPL) Ratio (exclusive of IBL)       11.2          8.7         8.9         8.5         8.5         8.5         8.6 8.8 9.2 9.8 8.9 6.9
      NPL Coverage Ratio 1/          63.3        75.8       71.3       70.8       67.3       67.5       68.7 69.9 71.0 68.3 68.5 86.0
      Non-performing Assets(NPA) to Gross Assets         7.8          5.7         5.7         5.7         5.7         5.7         5.9 6.2 6.3 6.5 6.3 4.7
      NPA Coverage Ratio   NPA Coverage Ratio 2/       36.5        43.2       41.7       41.9       40.2       40.3       40.7 42.0 42.5 41.2 41.3 53.0
      Distressed Asset Ratio   Distressed Asset Ratio 3/       17.4        14.3       14.2       13.8       14.1       14.5       14.2 14.4 15.3 16.4 15.0 12.3
   CAPITAL ADEQUACY  
      Total Capital Accounts to Total Assets       15.1        14.4       13.8       13.9       14.0       13.9       14.6 15.2 15.7 16.0 16.0 16.4
   PROFITABILITY 5/  
      Earning Asset Yield 6/            -              -         7.8            -            -         8.3            -            - 8.8                    -                    - 9.3
      Funding Cost 7/            -              -         4.3            -            -         4.7            -            - 4.8                    -                    - 5.3
      Interest Spread /8            -              -         3.5            -            -         3.5            -            - 4.0                    -                    - 4.0
      Net Interest Margin 9/            -              -         4.2            -            -         4.3            -            - 4.6                    -                    - 4.5
      Net Interest Income to Total Operating Incom            -              -       71.9            -            -       69.6            -            - 70.7                    -                    - 66.2
      Cost to Income Ratio 10/            -              -       61.2            -            -       58.2            -            - 61.3                    -                    - 62.6
      Return on Assets            -              -         1.2            -            -         1.4            -            - 1.3                    -                    - 1.2
      Return on Equity            -              -         8.4            -            -         9.2            -            - 8.1                    -                    - 7.3
                       
 
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. Effective 31 July 2004,
   Restructured Loans, performing was used in lieu of Restructured Loans, current.
4/ Based on the new framework provided for under Circular No. 280 dated 29 March 2001 which was formally adopted
    starting 1 July 2001
5/ Income and Expenses accounts annualized
6/ Refers to the ratio of Interest Income to Average Earning Assets
7/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities
8/ Refers to the difference between Earning Asset Yield and Funding Cost
9/ Refers to the ratio of Net Interest Income to Average Earning Assets
10/ Refers to the ratio of Operating Expense (composed of Non-interest Operating Expense exclusive Bad Debts and Provisions)
      to Total Operating Income (composed of Net Interest Income and non-interest operating income)
Source: Supervisory Data Center, Supervision and Examination Sector