43   SELECTED ASSET QUALITY INDICATORS 1/
             Thrift Banking System  
             as of end of periods indicated  
             in billion pesos  
                               
  ACCOUNTS Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 July - 06  Aug-06 Sep-06 Oct-06 Nov-06 Dec-06  
                               
  TOTAL THRIFT BANKS  
  TOTAL ASSETS 350.723 353.511 352.470 356.976 366.715 375.719 389.940 392.722 404.792 412.235 421.969 440.859  
  GROSS ASSETS 2/ 361.335 364.280 363.550 368.300 378.369 387.417 402.685 406.468 418.635 426.148 435.458 454.074  
  TOTAL LOAN PORTFOLIO (TLP), GROSS  198.904 204.470 205.597 207.941 215.061 217.474 226.669 232.409 239.232 241.588 242.604 249.169  
  LOAN LOSS RESERVES 8.375 8.533 8.839 9.043 9.253 9.289 10.058 10.457 10.430 10.553 10.271 10.138  
  INTERBANK LOANS RECEIVABLES 15.149 13.764 15.149 16.034 17.553 17.953 22.854 23.372 23.474 26.331 24.787 29.411  
  RESTRUCTURED LOANS(RL), GROSS 6.111 5.886 5.880 6.131 6.060 5.892 5.952 5.987 5.999 5.864 5.889 5.618  
  RESTRUCTURED LOANS, CURRENT/PERFORMING 4.834 4.606 4.561 4.771 4.635 4.163 3.812 3.014 3.092 2.682 2.541 2.495  
  NON-PERFORMING LOANS 17.828 18.240 18.457 18.266 18.544 18.009 19.018 20.188 20.269 21.157 20.465 20.550  
  ROPOA, GROSS 32.011 32.076 27.464 32.086 32.326 32.833 35.318 34.745 35.948 35.850 35.825 35.586  
  ALLOWANCE FOR ROPOA 2.237 2.236 2.240 2.280 2.401 2.409 2.687 3.288 3.413 3.360 3.218 3.077  
  NON-PERFORMING ASSETS (NPA) 3/ 45.213 45.621 41.321 45.598 46.223 46.453 49.967 50.547 51.828 52.566 51.778 51.589  
  ALLOWANCE ON NPA 10.611 10.769 11.079 11.324 11.654 11.698 12.746 13.746 13.842 13.913 13.490 13.215  
  DISTRESSED ASSETS 4/ 54.674 54.923 50.481 55.124 55.504 55.005 58.149 57.947 59.310 59.689 58.831 58.631  
  ROPOA, GROSS (Net of Performing SCR)  27.385 27.381 22.864 27.332 27.679 28.444 30.949 30.359 31.559 31.409 31.313 31.039  
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) 4.627 4.695 4.600 4.755 4.647 4.389 4.370 4.386 4.389 4.442 4.512 4.546  
  PAST DUE LOANS 19.442 19.869 19.875 20.064 20.644 20.158 20.978 20.987 21.158 22.144 21.990 22.416  
   
  Annual Growth Rates  
  TOTAL ASSETS 12.2 11.6 10.7 13.0 14.4 20.3 17.6 19.5 20.3 22.2 22.3 27.4  
  GROSS ASSETS 2/ 12.6 12.2 11.4 13.4 14.9 21.0 18.2 20.3 21.0 22.9 22.7 27.4  
  TOTAL LOAN PORTFOLIO (TLP), GROSS  15.6 18.7 18.3 18.8 19.7 30.6 18.9 25.4 30.6 31.4 29.0 29.0  
  LOAN LOSS RESERVES 26.3 36.6 39.6 31.8 34.1 37.7 41.5 44.3 37.7 37.8 32.7 23.7  
  INTERBANK LOANS RECEIVABLES 104.6 88.7 109.9 140.0 89.0 150.7 85.4 119.2 150.7 233.7 184.6 220.3  
  RESTRUCTURED LOANS(RL), GROSS 37.7 34.8 28.7 34.9 34.1 31.3 36.2 36.1 31.3 27.3 12.6 (9.3)  
  RESTRUCTURED LOANS, CURRENT/PERFORMING 47.8 34.6 28.8 38.3 51.3 (10.0) 17.5 (12.4) (10.0) (22.9) (36.9) (47.9)  
  NON-PERFORMING LOANS (4.0) 3.3 5.0 6.7 8.6 21.7 14.9 23.1 21.7 25.4 20.5 20.1  
  ROPOA, GROSS (8.0) (7.2) (8.2) (9.0) (6.9) 3.1 1.9 (0.2) 3.1 4.6 8.3 11.6  
  ALLOWANCE FOR ROPOA 33.9 33.5 31.4 23.0 26.6 77.5 33.2 75.4 77.5 67.5 56.1 36.2  
  NON-PERFORMING ASSETS (NPA) 3/ (9.7) (6.6) (6.5) (6.9) (4.4) 9.3 4.9 7.1 9.3 12.1 13.2 15.5  
  ALLOWANCE ON NPA 27.8 35.9 37.8 29.9 32.5 45.7 39.7 50.7 45.7 44.0 37.6 26.4  
  DISTRESSED ASSETS 4/ (3.5) (1.3) (1.7) (1.3) 1.1 7.9 6.8 6.0 7.9 9.3 8.7 9.0  
  ROPOA, GROSS (Net of Performing SCR)  (13.0) (12.2) (12.9) (14.1) (11.5) 2.6 (0.4) (1.4) 2.6 4.7 8.9 12.6  
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) 39.0 40.1 35.2 38.0 34.9 6.9 22.4 9.4 6.9 4.4 4.0 4.6  
  PAST DUE LOANS (8.4) (4.2) (1.9) 5.1 6.6 13.4 12.9 13.0 13.4 18.0 15.7 18.7  
   
  Selected Ratios  (%)  
   
       Past Due Ratio 9.7 9.7 9.6 9.6 9.5 9.2 9.2 9.0 8.8 9.1 9.0 8.9  
       RL to TLP 3.1 2.9 2.9 2.9 2.8 2.7 2.6 2.6 2.5 2.4 2.4 2.2  
       LLR to TLP 4.2 4.2 4.3 4.3 4.3 4.3 4.4 4.5 4.4 4.4 4.2 4.1  
       NPL Ratio (inclusive of IBL) 9.0 8.9 9.0 8.8 8.6 8.3 8.4 8.7 8.5 8.8 8.4 8.2  
       NPL Ratio (exclusive of IBL) 9.7 9.6 9.7 9.5 9.4 9.0 9.3 9.7 9.4 9.8 9.4 9.4  
       NPL Coverage 5/ 47.0 46.8 47.9 49.5 49.9 51.6 52.9 51.8 51.5 49.9 50.2 49.3  
       NPA to Gross Assets  12.5 12.5 11.4 12.4 12.2 12.0 12.4 12.4 12.4 12.3 11.9 11.4  
       NPA Coverage 6/ 23.5 23.6 26.8 24.8 25.2 25.2 25.5 27.2 26.7 26.5 26.1 25.6  
       Distressed Assets 7/ 23.7 23.2 21.7 23.0 22.4 22.0 22.4 21.7 21.6 21.5 21.1 20.6  
                               
   
  1/ As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351  
     dated 19 September 2002  
  2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA  
  3/ Refers to NPLs plus ROPOA as defined per BSP Circular No. 351 and 380, respectively  
  4/ Refers to NPLs plus ROPOA, gross and Restructured Loans, performing.   
  5/ Refers to the ratio of LLR to NPLs  
  6/ Refers to the ratio of valuation reserves (for Loans and ROPOA) to NPAs  
  7/ Refers to the ratio of Distressed Assets to TLP plus ROPOA, gross   
  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