4   CONSOLIDATED STATEMENT OF INCOME AND EXPENSES
	Philippine Banking System
	for the periods indicated
	in billion pesos
	Selected Accounts				ALL BANKS					UNIVERSAL AND					THRIFT					RURAL AND
										COMMERCIAL BANKS					BANKS					COOPERATIVE BANKS
					Mar-06	Jun-06	Sep-06	Dec-06		Mar-06	Jun-06	Sep-06	Dec-06		Mar-06	Jun-06	Sep-06	Dec-06		Mar-06	Jun-06	Sep-06	Dec-06
	OPERATING INCOME				61.893	115.096	176.527	246.517		53.613	98.645	151.033	210.993		5.425	10.562	15.895	22.516		2.856	5.889	9.598	13.008
	Net Interest Income				36.570	75.922	114.513	155.380		30.996	64.359	96.308	130.191		3.612	7.496	11.585	16.162		1.962	4.067	6.620	9.027
		Interest Income			71.516	145.982	221.741	301.299		60.600	123.622	186.853	253.182		7.414	15.150	23.491	32.708		3.502	7.210	11.397	15.409
		Less: Interest Expense			34.946	70.060	107.228	145.919		29.605	59.263	90.545	122.991		3.802	7.653	11.906	16.546		1.539	3.143	4.777	6.381
	Non-Interest Income				25.323	39.174	62.013	91.136		22.617	34.286	54.725	80.802		1.813	3.066	4.310	6.354		0.893	1.822	2.978	3.980
		Fee-based Income			7.207	14.615	22.051	30.524		5.866	11.862	17.793	24.700		0.688	1.426	2.255	3.202		0.653	1.327	2.003	2.622
		Trading Income/(Loss)			14.464	15.910	27.154	40.750		13.572	14.742	25.740	38.956		0.887	1.155	1.408	1.774		0.005	0.013	0.006	0.020
		Trust Department Income			1.230	2.648	3.522	4.322		1.214	2.614	3.472	4.255		0.016	0.033	0.050	0.066		0.000	0.000	0.000	0.000
		Other Income/(Loss)			2.422	6.001	9.286	15.541		1.965	5.067	7.720	12.890		0.221	0.451	0.598	1.313		0.236	0.483	0.968	1.338
	OPERATING EXPENSES				45.448	86.830	131.299	191.136		37.886	71.685	107.947	158.076		5.209	10.261	15.850	22.584		2.353	4.885	7.502	10.476
		Bad Debts Written Off			0.491	0.011	0.090	0.175		0.002	0.005	0.022	0.033		0.487	0.000	0.045	0.094		0.002	0.006	0.023	0.049
		Provisions			6.183	10.212	16.037	27.139		5.858	8.813	14.155	24.355		0.222	1.182	1.519	2.417		0.102	0.217	0.363	0.367
		Othe Operating Expenses			38.774	76.607	115.172	163.822		32.027	62.867	93.770	133.688		4.499	9.079	14.286	20.073		2.248	4.662	7.116	10.060
		Overhead Costs			24.980	49.541	74.106	104.993		20.628	40.765	60.300	85.836		2.910	5.789	9.265	12.763		1.442	2.987	4.541	6.393
		Other Expenses			13.794	27.066	41.066	58.829		11.399	22.102	33.470	47.852		1.589	3.289	5.021	7.310		0.806	1.675	2.575	3.667
		NET OPERATING INCOME (LOSS)			16.445	28.266	45.228	55.381		15.727	26.960	43.087	52.916		0.215	0.302	0.045	(0.068)		0.503	1.004	2.097	2.532
		EXTRAORDINARY CREDITS/(CHARGES)			2.883	6.131	8.824	12.334		2.649	5.367	7.612	10.433		0.143	0.565	0.762	1.368		0.091	0.199	0.450	0.533
		NET INCOME/(LOSS) BEFORE TAX			19.328	34.397	54.052	67.715		18.376	32.328	50.699	63.349		0.358	0.867	0.807	1.300		0.594	1.203	2.546	3.065
		Provision for Income Tax			3.393	6.551	10.317	10.274		3.017	5.832	9.251	9.113		0.273	0.500	0.673	0.622		0.102	0.220	0.393	0.539
		NET INCOME/(LOSS) AFTER TAX			15.936	27.846	43.735	57.441		15.359	26.496	41.448	54.236		0.084	0.367	0.134	0.679		0.492	0.983	2.153	2.526
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector
	Updated as of 1April 2008