52   SELECTED ASSET QUALITY INDICATORS 1/
	Rural and Cooperative Banking System
	as of end of periods indicated
	in billion pesos
	ACCOUNTS		Mar-06	Jun-06	Sep-06	Dec-06
	Levels
	TOTAL ASSETS		116.568	122.181	126.625	135.473
	GROSS ASSETS2/		119.931	125.591	130.129	139.047
	TOTAL LOAN PORTFOLIO (TLP), GROSS		73.499	76.114	79.742	82.760
	LOAN LOSS RESERVES		3.077	3.128	3.216	3.250
	INTERBANK LOANS RECEIVABLES		0.000	0.000	0.000	0.000
	RESTRUCTURED LOANS(RL), GROSS		0.813	0.825	0.828	0.864
	RESTRUCTURED LOANS, CURRENT		0.583	0.560	0.581	0.634
	NON-PERFORMING LOANS		8.908	9.339	9.366	9.222
	ROPA, GROSS		8.579	9.180	9.545	11.315
	ALLOWANCE FOR ROPA		0.286	0.282	0.288	0.324
	NON-PERFORMING ASSETS (NPA)3/		16.889	17.872	17.976	17.385
	ALLOWANCE ON NPA		3.363	3.410	3.504	3.574
	DISTRESSED ASSETS 4/		18.071	18.981	19.399	17.972
	ROPA, GROSS (Net of Performing SCR)		7.980	8.533	8.610	8.162
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		0.599	0.647	0.934	3.152
	PAST DUE LOANS		10.888	11.310	11.452	11.128
	Annual Growth Rates
	TOTAL ASSETS		10.2	12.1	13.2	16.2
	GROSS ASSETS2/		10.1	11.8	12.8	15.9
	TOTAL LOAN PORTFOLIO (TLP), GROSS		12.7	12.5	12.8	13.1
	LOAN LOSS RESERVES		8.5	3.7	1.9	4.2
	RESTRUCTURED LOANS(RL), GROSS		8.1	0.5	(8.3)	(1.2)
	RESTRUCTURED LOANS, CURRENT/PERFORMING		9.3	(4.1)	(13.6)	2.7
	NON-PERFORMING LOANS		18.6	16.3	14.7	13.7
	ROPA, GROSS		3.2	10.3	14.1	29.9
	ALLOWANCE FOR ROPA		10.1	1.9	1.3	9.9
	NON-PERFORMING ASSETS (NPA) 3/		10.3	13.0	12.6	7.1
	ALLOWANCE ON NPA		8.7	3.6	1.8	4.7
	DISTRESSED ASSETS 4/		10.4	12.0	16.6	3.1
	ROPA, GROSS (Net of Performing SCR)		2.3	9.7	10.4	0.5
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		15.7	18.8	65.8	437.5
	PAST DUE LOANS		4.8	5.6	2.2	1.2
	Selected Ratios  (%)
	Past Due Ratio		14.7	14.8	15.4	13.8
	RL to TLP		1.1	1.1	1.1	1.1
	LLR to TLP		4.2	4.1	4.0	3.9
	NPL Ratio		12.1	12.3	12.7	11.5
	NPL Coverage 5/		34.5	33.5	34.3	35.2
	NPA to Gross Assets		14.1	14.2	13.8	12.5
	NPA Coverage 6/		19.9	19.1	19.5	20.6
	Distressed Assets 7/		22.0	22.3	21.7	19.1
	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 ROPA
	3/ Refers to NPLs plus ROPA as defined per BSP Circular No. 351 and 380, respectively
	4/ Refers to NPLs plus ROPA, gross and Restructured Loans, current
	5/ Refers to the ratio of LLR to NPLs
	6/ Refers to the ratio of valuation reserves (for Loans and ROPA) to NPAs
	7/ Refers to the ratio of Distressed Assets to TLP plus ROPA, 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