35 CONSOLIDATED FINANCIAL STATEMENTS
Cooperative Banks
as of end of periods indicated
in billion pesos
	Selected Accounts			COOPERATIVE BANKS
				March 2005	June 2005	September 2005	December 2005
	CONSOLIDATED STATEMENT OF CONDITION
	ASSETS			6.713	6.891	7.122	7.501
		CASH AND DUE FROM BANKS		0.984	0.927	0.889	1.150
		TOTAL LOAN PORTFOLIO, GROSS		4.917	5.125	5.320	5.424
		Interbank Loans Receivable		0.000	0.000	0.000	0.000
		Loans and Discounts		2.464	2.390	2.454	2.500
		Agra/Agri Credit Loans		1.674	1.688	1.745	1.762
		Development Incentive Loans		0.363	0.405	0.414	0.430
		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		0.127	0.128	0.130	0.127
		Credit Card Receivables		0.000	0.000	0.000	0.000
		Microfinance Loans		0.290	0.514	0.577	0.605
		ACCUM. MARKET GAIN/LOSS - LOANS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - LOANS		0.290	0.306	0.313	0.318
		TOTAL LOAN PORTFOLIO, NET		4.627	4.819	5.008	5.106
		TOTAL INVESTMENTS, GROSS		0.253	0.237	0.245	0.246
		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		0.241	0.225	0.235	0.236
		Equity Investments - Allied/Non-Allied Undertakings		0.012	0.012	0.009	0.010
		ACCUM. MARKET GAIN/LOSS - INVESTMENTS		0.000	0.000	0.000	0.000
		ALLOW. FOR PROBABLE LOSSES - INVESTMENTS		0.000	0.000	0.000	0.000
		TOTAL INVESTMENTS, NET		0.253	0.237	0.245	0.246
		FIXED ASSETS		0.271	0.276	0.285	0.284
		ROPOA, GROSS		0.288	0.324	0.364	0.375
		ALLOWANCE FOR PROBABLE LOSSES - ROPOA		0.005	0.006	0.007	0.007
		ROPOA, NET		0.283	0.317	0.358	0.368
		OTHER ASSETS		0.296	0.315	0.338	0.347
	LIABILITIES AND CAPITAL			6.713	6.891	7.122	7.501
	Liabilities			5.604	5.746	5.925	6.276
		DEPOSIT LIABILITIES		3.939	4.022	4.118	4.374
		Domestic		3.939	4.022	4.118	4.374
		Demand and Now		0.022	0.025	0.037	0.045
		Savings		1.830	1.852	1.840	2.038
		Time		2.087	2.145	2.241	2.291
		Foreign Currency		0.000	0.000	0.000	0.000
		BILLS PAYABLE		1.194	1.224	1.277	1.392
		Deposit Substitutes		0.000	0.000	0.000	0.000
		Others		1.194	1.224	1.277	1.392
		SPECIAL FINANCING		0.041	0.042	0.040	0.042
		Time Certificates of Deposits - SF		0.019	0.012	0.013	0.014
		Special Time Deposits		0.022	0.030	0.027	0.027
		UNSECURED SUBORDINATED DEBT		0.000	0.000	0.000	0.000
		OTHER LIABILITIES		0.430	0.458	0.489	0.468
	Capital Accounts			1.109	1.145	1.197	1.225
		CAPITAL STOCK		0.745	0.758	0.772	0.784
		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		0.364	0.387	0.425	0.441
	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