35 CONSOLIDATED FINANCIAL STATEMENTS
Rural and Cooperative Banks
as of end of periods indicated
in billion pesos
	Selected Accounts			RURAL AND COOPERATIVE BANKS
				March 2005	June 2005	September 2005	December 2005
	CONSOLIDATED STATEMENT OF CONDITION
	ASSETS			105.818	109.034	111.895	116.579
		CASH AND DUE FROM BANKS		19.417	19.819	18.914	20.427
		TOTAL LOAN PORTFOLIO, GROSS		65.621	68.109	71.113	73.680
		Interbank Loans Receivable		0.000	0.000	0.000	0.000
		Loans and Discounts		35.122	36.182	37.914	39.511
		Agra/Agri Credit Loans		26.689	27.091	27.957	28.717
		Development Incentive Loans		1.385	1.556	1.598	1.638
		Bills Purchased		0.000	0.000	0.000	0.000
		Customers' Liabilities - LC/TR		0.000	0.000	0.000	0.000
		Customers' Liabilities - Accept O/S		0.000	0.000	0.000	0.000
		Trading Account Securities - Loans		0.000	0.000	0.000	0.000
		Underwriting Accounts		0.000	0.000	0.000	0.000
		Restructured Loans		0.752	0.821	0.903	0.875
		Credit Card Receivables		0.000	0.000	0.000	0.000
		Microfinance Loans		1.674	2.459	2.741	2.940
		ACCUM. MARKET GAIN/LOSS - LOANS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - LOANS		3.253	3.479	3.581	3.653
		TOTAL LOAN PORTFOLIO, NET		62.369	64.630	67.532	70.027
		TOTAL INVESTMENTS, GROSS		6.088	6.326	6.698	6.515
		Underwriting Accounts - Equity Securities		0.000	0.000	0.000	0.000
		Trading Account Securities - Investments		0.000	0.000	0.000	0.000
		Trading Account Securities - Equity		0.000	0.000	0.000	0.000
		Avaiable for Sale Securities (ASS)		0.000	0.000	0.000	0.000
		Investment in Bonds and Other Debt Instruments		5.951	6.189	6.573	6.389
		Equity Investments - Allied/Non-Allied Undertakings		0.137	0.137	0.125	0.126
		ACCUM. MARKET GAIN/LOSS - INVESTMENTS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - INVESTMENTS		0.059	0.059	0.108	0.107
		TOTAL INVESTMENTS, NET		6.029	6.267	6.591	6.409
		FIXED ASSETS		3.841	3.930	3.995	4.070
		ROPOA, GROSS		8.316	8.326	8.366	8.710
		ALLOWANCE FOR PROBABLE LOSSES - ROPOA		0.260	0.277	0.284	0.295
		ROPOA, NET		8.056	8.049	8.082	8.415
		OTHER ASSETS		6.105	6.339	6.782	7.231
	LIABILITIES AND CAPITAL			105.818	109.034	111.895	116.579
	Liabilities			89.313	92.511	95.071	99.422
		DEPOSIT LIABILITIES		73.774	76.702	78.330	81.008
		Domestic		73.774	76.702	78.330	81.008
		Demand and Now		1.521	1.610	1.618	1.821
		Savings		50.900	52.553	52.934	54.311
		Time		21.353	22.539	23.778	24.876
		Foreign Currency		0.000	0.000	0.000	0.000
		BILLS PAYABLE		8.149	8.134	8.821	9.995
		Deposit Substitutes		0.000	0.000	0.000	0.000
		Others		8.149	8.134	8.821	9.995
		SPECIAL FINANCING		0.176	0.174	0.175	0.175
		Time Certificates of Deposits - SF		0.119	0.096	0.095	0.096
		Special Time Deposits		0.057	0.078	0.080	0.080
		UNSECURED SUBORDINATED DEBT		0.000	0.000	0.000	0.000
		OTHER LIABILITIES		7.214	7.501	7.745	8.244
	Capital Accounts			16.505	16.523	16.825	17.157
		CAPITAL STOCK		11.967	12.286	12.451	12.691
		ASSIGNED CAPITAL		0.000	0.000	0.000	0.000
		NET DUE TO H.O. BRANCHES/AGENCIES		0.000	0.000	0.000	0.000
		SURPLUS, SURPLUS RESERVES, UNDIVIDED PROFITS & APPRAISAL INCREMENT RESERVE		4.538	4.237	4.374	4.466
	Note: Presented data are based on financial statements periodically submitted by banks in accordance with existing regulations.
		Said submissions are processed and aggregated to derive industry results.  For unsubmitted and/or defective bank reports
		for the period, the most recent processed report available is used as proxy in the generation of said industry aggregates.
		Details may not add up to totals due to rounding.
	Source: Supervisory Data Center, Supervision and Examination Sector