19 CONSOLIDATED FINANCIAL STATEMENTS  
Commercial Banks
as of end of periods indicated
in billion pesos
 
Selected Accounts 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
 
ASSET QUALITY INDICATORS 1/
GROSS ASSETS 2/       762.761     813.299      844.667    834.132  837.752     826.325          802.246   761.492         743.973         726.975         751.433         713.833
TOTAL LOAN PORTFOLIO, GROSS       361.806     367.575      382.329    392.079  394.294     379.252          387.390   382.443         357.564         332.823         365.154         335.432
LOAN LOSS RESERVES         20.488       18.961        19.009      18.955    18.321       17.984            18.082     18.736           18.822           18.115           18.202           16.243
INTERBANK LOANS RECEIVABLES         73.780       81.206        83.800      76.445    73.711       65.081            82.754     77.517           69.342           60.900           65.198           60.793
RESTRUCTURED LOANS, GROSS         11.682       12.198        12.795      12.783    13.710       13.759            13.833     13.890           13.565           13.735           13.617           10.159
RESTRUCTURED LOANS, CURRENT/PERFORMING           7.317         8.005          8.170        8.079      9.136         9.393              9.443       9.500             9.599             9.264             9.132             7.609
NON-PERFORMING LOANS         32.359       25.015        26.673      26.765    27.230       26.625            26.309     26.823           26.496           26.517           26.558           18.882
ROPOA, GROSS         28.234       22.778        22.693      22.379    22.228       22.181            22.286     21.873           21.983           22.291           22.269           16.745
ALLOWANCE FOR ROPOA           1.094         1.068          0.981        0.970      0.923         1.025              1.011       1.013             1.013             1.213             1.200             1.355
NON-PERFORMING ASSETS (NPA) 3/         59.163       46.331        47.894      47.565    47.887       47.208            46.946     47.008           46.684           46.962           46.997           33.232
ALLOWANCE ON NPA         21.583       20.029        19.991      19.925    19.244       19.009            19.092     19.749           19.835           19.328           19.402           17.598
DISTRESSED ASSETS  4/         67.910       55.798        57.536      57.222    58.594       58.198            58.039     58.195           58.077           58.072           57.959           43.236
ROPOA, GROSS (Net of Performing SCR)         26.804       21.316        21.222      20.800    20.657       20.583            20.637     20.185           20.188           20.445           20.439           14.349
PERFORMING SALES CONTRACT RECEIVABLES (SCR)           1.430         1.462          1.471        1.579      1.571         1.598              1.650       1.688             1.795             1.846             1.830             2.396
 
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