37 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
 
ASSET QUALITY INDICATORS
GROSS ASSETS 1/ 108.913 112.327 115.337 119.993
TOTAL LOAN PORTFOLIO, GROSS 65.204 67.646 70.689 73.146
LOAN LOSS RESERVES 2.835 3.016 3.157 3.119
INTERBANK LOANS RECEIVABLES 0.000 0.000 0.000 0.000
RESTRUCTURED LOANS, GROSS 0.752 0.821 0.903 0.875
RESTRUCTURED LOANS, CURRENT/PERFORMING 0.534 0.584 0.693 0.618
NON-PERFORMING LOANS 2/ 7.513 8.031 8.168 8.110
ROPOA, GROSS 8.316 8.326 8.366 8.710
ALLOWANCE FOR ROPOA 0.260 0.277 0.284 0.295
NON-PERFORMING ASSETS (NPA) 3/ 15.828 16.357 16.534 16.821
ALLOWANCE ON NPA 3.095 3.293 3.441 3.414
DISTRESSED ASSETS  4/ 16.362 16.941 17.227 17.439
ROPOA, GROSS (Net of Performing SCR) 8.316 8.326 8.366 8.710
PERFORMING SALES CONTRACT RECEIVABLES (SCR) 0.000 0.000 0.000 0.000
 
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