28 CONSOLIDATED FINANCIAL STATEMENTS  
Thrift Banking System
as of end of periods indicated
in billion pesos
 
     
Selected Accounts THRIFT BANKS
  January 2005 February 2005 March 2005 April 2005 May 2005 June 2005 September 2005 October 2005 November 2005 December 2005
 
ASSET QUALITY INDICATORS
GROSS ASSETS 1/ 320.935 324.686 326.433 324.670 329.419 333.487 346.080 346.870 354.783 363.550
TOTAL LOAN PORTFOLIO, GROSS 172.125 172.264 173.755 174.965 179.612 184.556 183.240 183.799 187.990 205.597
LOAN LOSS RESERVES 6.633 6.249 6.333 6.860 6.898 7.010 7.576 7.657 7.742 8.839
INTERBANK LOANS RECEIVABLES 7.403 7.294 7.216 6.682 9.287 10.221 9.364 7.890 8.709 15.149
RESTRUCTURED LOANS, GROSS 4.437 4.366 4.569 4.545 4.518 4.319 4.568 5.221 5.230 5.880
RESTRUCTURED LOANS, CURRENT/PERFORMING 3.271 3.422 3.542 3.449 3.063 3.198 3.437 4.091 4.027 4.561
NON-PERFORMING LOANS 2/ 18.570 17.655 17.580 17.126 17.082 16.348 16.654 16.875 16.983 18.457
ROPOA, GROSS 34.810 34.556 34.935 35.271 34.731 34.693 34.855 34.261 33.087 32.063
ALLOWANCE FOR ROPOA 1.670 1.674 1.705 1.854 1.897 1.978 1.922 2.006 2.062 2.240
NON-PERFORMING ASSETS (NPA) 3/ 50.052 48.859 49.112 48.952 48.369 47.581 47.401 46.883 47.024 45.920
ALLOWANCE ON NPA 8.303 7.924 8.038 8.715 8.795 8.987 9.498 9.662 9.804 11.079
DISTRESSED ASSETS  4/ 56.652 55.633 52.514 55.846 54.876 54.239 54.946 55.227 25.261 55.081
ROPOA, GROSS (Net of Performing SCR) 31.481 31.203 31.532 31.826 31.287 31.232 30.747 30.007 30.040 27.464
PERFORMING SALES CONTRACT RECEIVABLES (SCR) 3.329 3.352 3.402 3.445 3.444 3.460 4.108 4.253 3.047 4.600
 
1/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
2/ In accordance with Circular 351
3/ Refers to NPLs plus ROPOA (effective June 2003, ROPOA net of Performing Sales Receivables) per Circular 380
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