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| 4 SELECTED
PERFORMANCE INDICATORS |
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| Philippine
Banking System |
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| as of end of
periods indicated |
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| in billion
pesos |
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Selected Ratios |
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ALL
BANKS |
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March
2005 |
June 2005 |
September 2005 |
December 2005 |
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ANNUAL GROWTH RATES |
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Balance Sheet |
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Total Assets |
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12.0 |
11.8 |
8.3 |
7.3 |
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Cash and Due From Banks |
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13.6 |
2.0 |
18.4 |
20.5 |
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Interbank Loans Receivable |
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(8.0) |
9.1 |
3.4 |
33.8 |
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Loans, gross (exclusive of IBL) |
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5.6 |
7.0 |
1.7 |
1.9 |
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Allowance for Probable Losses |
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(3.4) |
(6.3) |
(8.1) |
(10.0) |
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Loans, net (exclusive of IBL) |
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6.6 |
8.5 |
2.7 |
3.1 |
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Investments, net |
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28.4 |
22.8 |
15.9 |
2.8 |
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ROPOA, net |
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(1.0) |
(5.9) |
(4.6) |
(9.9) |
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Other Assets |
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49.4 |
54.6 |
12.6 |
22.9 |
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Total Liabilities |
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12.7 |
13.0 |
9.1 |
8.0 |
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Deposits |
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12.0 |
12.6 |
11.6 |
7.4 |
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Bills Payable |
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(11.6) |
(6.0) |
3.9 |
20.1 |
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Special Financing |
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(71.4) |
(73.0) |
(75.5) |
(69.0) |
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Unsecured Subordinated Debt |
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4.1 |
4.7 |
6.8 |
(1.1) |
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Other Liabilities |
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61.4 |
50.6 |
(3.6) |
0.8 |
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Total Capital Accounts |
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7.2 |
4.0 |
3.2 |
2.4 |
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Income Statement |
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Total Operating Income |
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27.9 |
24.1 |
19.0 |
14.7 |
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Net Interest Income |
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27.2 |
22.7 |
20.9 |
15.9 |
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Non-Interest Income |
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29.3 |
27.1 |
15.0 |
12.1 |
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Operating Expenses |
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20.7 |
15.9 |
13.1 |
11.2 |
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Bad Debts / Provisions for Probable Losses |
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53.5 |
33.6 |
22.0 |
15.6 |
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Other Operating Expenses |
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15.9 |
13.2 |
11.6 |
10.5 |
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Net Operating Income |
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59.2 |
61.5 |
45.5 |
28.8 |
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Extraordinary Credits/(Charges) |
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(15.4) |
18.7 |
2.2 |
20.3 |
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Net Income After Tax (NIAT) |
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40.1 |
50.3 |
35.6 |
27.2 |
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SELECTED RATIOS |
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LIQUIDITY |
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Cash and Due from Banks to Deposits |
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11.3 |
11.3 |
12.1 |
13.0 |
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Liquid Assets to Deposits |
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56.8 |
55.0 |
54.8 |
53.0 |
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Loans, gross to Deposits |
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73.1 |
74.2 |
71.1 |
72.5 |
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ASSET
QUALITY |
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Non-performing Loans (NPL) Ratio |
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11.2 |
9.3 |
9.5 |
8.6 |
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Non-performing Loans (NPL) Ratio
(exclusive of IBL) |
13.1 |
10.9 |
11.2 |
10.3 |
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NPL Coverage Ratio 1/ |
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61.6 |
68.4 |
70.6 |
73.8 |
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Non-performing Assets(NPA) to Gross
Assets |
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10.6 |
9.5 |
9.7 |
9.1 |
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NPA Coverage Ratio |
NPA Coverage Ratio 2/ |
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34.6 |
36.6 |
37.2 |
39.2 |
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Distressed
Asset Ratio |
Distressed Asset Ratio 3/ |
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23.5 |
21.3 |
21.7 |
20.0 |
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CAPITAL ADEQUACY |
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Capital
Adequacy Ratio (CAR) |
Capital Adequacy Ratio (CAR) 4/ |
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Solo Basis |
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17.1 |
16.5 |
16.7 |
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Consolidated Basis |
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18.1 |
17.4 |
17.6 |
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Total Capital Accounts to Total Assets |
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12.1 |
11.9 |
12.3 |
12.0 |
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PROFITABILITY 5/ |
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Earning Asset Yield 6/ |
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8.0 |
8.2 |
8.6 |
8.6 |
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Funding Cost 7/ |
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3.8 |
3.8 |
3.9 |
3.9 |
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Interest Spread /8 |
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4.2 |
4.4 |
4.6 |
4.7 |
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Net Interest Margin 9/ |
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4.2 |
4.4 |
4.6 |
4.6 |
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Net Interest Income to Total Operating Incom |
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67.5 |
67.4 |
68.5 |
68.4 |
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Cost to Income Ratio 10/ |
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68.1 |
66.8 |
66.6 |
67.3 |
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Return on Assets |
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1.0 |
1.1 |
1.1 |
1.1 |
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Return on Equity |
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7.7 |
8.6 |
8.6 |
8.7 |
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1/ Ratio of
Loan Loss Reserves to NPL |
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2/ Ratio of
valuation reserves (for loans and ROPOA) to NPAs |
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3/ Ratio of NPL + ROPOA, gross + Restructured
Loans, current to TLP, gross + ROPOA, gross. Effective 31 July 2004, |
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Restructured Loans, performing was used in lieu of Restructured Loans,
current. |
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4/ Based on
the new framework provided for under Circular No. 280 dated 29 March 2001
which was formally adopted |
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starting 1 July 2001 |
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5/ Income
and Expenses accounts annualized |
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6/ Refers to
the ratio of Interest Income to Average Earning Assets |
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7/ Refers to
the ratio of Interest Expenses to Average Interest-Bearing Liabilities |
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8/ Refers to
the difference between Earning Asset Yield and Funding Cost |
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9/ Refers to
the ratio of Net Interest Income to Average Earning Assets |
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10/ Refers to
the ratio of Operating Expense (composed of Non-interest Operating Expense
exclusive Bad Debts and Provisions) |
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to Operating Income (composed of Net Interest Income and
non-interest operating income) |
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Source: Supervisory Data Center, Supervision
and Examination Sector |
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