35 CONSOLIDATED FINANCIAL STATEMENTS
Rural Banks
as of end of periods indicated
in billion pesos
	Selected Accounts			RURAL BANKS
				March 2005	June 2005	September 2005	December 2005
	CONSOLIDATED STATEMENT OF CONDITION
	ASSETS			99.105	102.143	104.773	109.078
		CASH AND DUE FROM BANKS		18.434	18.892	18.025	19.277
		TOTAL LOAN PORTFOLIO, GROSS		60.705	62.984	65.793	68.255
		Interbank Loans Receivable		0.000	0.000	0.000	0.000
		Loans and Discounts		32.658	33.792	35.460	37.011
		Agra/Agri Credit Loans		25.015	25.403	26.212	26.955
		Development Incentive Loans		1.022	1.151	1.184	1.207
		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		0.625	0.693	0.773	0.748
		Credit Card Receivables		0.000	0.000	0.000	0.000
		Microfinance Loans		1.384	1.945	2.164	2.335
		ACCUM. MARKET GAIN/LOSS - LOANS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - LOANS		2.962	3.172	3.268	3.334
		TOTAL LOAN PORTFOLIO, NET		57.742	59.811	62.524	64.921
		TOTAL INVESTMENTS, GROSS		5.835	6.089	6.454	6.269
		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		5.710	5.964	6.338	6.153
		Equity Investments - Allied/Non-Allied Undertakings		0.125	0.125	0.116	0.116
		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		5.777	6.030	6.346	6.162
		FIXED ASSETS		3.570	3.654	3.710	3.786
		ROPOA, GROSS		8.028	8.002	8.002	8.335
		ALLOWANCE FOR PROBABLE LOSSES - ROPOA		0.255	0.270	0.277	0.288
		ROPOA, NET		7.773	7.732	7.724	8.047
		OTHER ASSETS		5.809	6.023	6.444	6.884
	LIABILITIES AND CAPITAL			99.105	102.143	104.773	109.078
	Liabilities			83.709	86.765	89.145	93.147
		DEPOSIT LIABILITIES		69.835	72.680	74.212	76.634
		Domestic		69.835	72.680	74.212	76.634
		Demand and Now		1.499	1.585	1.582	1.776
		Savings		49.070	50.701	51.094	52.273
		Time		19.266	20.394	21.536	22.585
		Foreign Currency		0.000	0.000	0.000	0.000
		BILLS PAYABLE		6.955	6.910	7.543	8.603
		Deposit Substitutes		0.000	0.000	0.000	0.000
		Others		6.955	6.910	7.543	8.603
		SPECIAL FINANCING		0.134	0.132	0.135	0.134
		Time Certificates of Deposits - SF		0.099	0.084	0.082	0.081
		Special Time Deposits		0.035	0.049	0.053	0.052
		UNSECURED SUBORDINATED DEBT		0.000	0.000	0.000	0.000
		OTHER LIABILITIES		6.785	7.043	7.255	7.776
	Capital Accounts			15.396	15.378	15.628	15.932
		CAPITAL STOCK		11.222	11.528	11.679	11.906
		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		4.174	3.850	3.949	4.025
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