37 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
	ASSET QUALITY INDICATORS 1/
		GROSS ASSETS 2/		6.956	7.151	7.400	7.762
		TOTAL LOAN PORTFOLIO, GROSS		4.865	5.072	5.279	5.360
		LOAN LOSS RESERVES		0.238	0.253	0.271	0.254
		INTERBANK LOANS RECEIVABLES		0.000	0.000	0.000	0.000
		RESTRUCTURED LOANS, GROSS		0.127	0.128	0.130	0.127
		RESTRUCTURED LOANS, CURRENT/PERFORMING		0.107	0.108	0.130	0.109
		NON-PERFORMING LOANS		0.572	0.595	0.615	0.590
		ROPOA, GROSS		0.288	0.324	0.364	0.375
		ALLOWANCE FOR ROPOA		0.005	0.006	0.007	0.007
		NON-PERFORMING ASSETS (NPA) 3/		0.860	0.919	0.980	0.965
		ALLOWANCE ON NPA		0.243	0.260	0.278	0.261
		DISTRESSED ASSETS  4/		0.967	1.027	1.110	1.074
		ROPOA, GROSS (Net of Performing SCR)		0.288	0.324	0.364	0.375
		PERFORMING SALES CONTRACT RECEIVABLES (SCR)		0.000	0.000	0.000	0.000
	1/ Pursuant to Circular No. 351 and 380
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
	3/ Refers to NPLs plus ROPOA (effective June 2003, ROPOA net of Performing Sales Receivables)
	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