57   SELECTED ASSET QUALITY INDICATORS 1/
	Rural Banking System
	as of end of periods indicated
	in billion pesos
	ACCOUNTS		Mar-06	Jun-06	Sep-06	Dec-06
	Levels
	TOTAL ASSETS		108.843	114.274	118.365	126.599
	GROSS ASSETS 2/		111.929	117.404	121.546	129.834
	TOTAL LOAN PORTFOLIO (TLP), GROSS		68.081	70.507	73.881	76.609
	LOAN LOSS RESERVES		2.807	2.856	2.901	2.919
	INTERBANK LOANS RECEIVABLES		0.000	0.000	0.000	0.000
	RESTRUCTURED LOANS(RL), GROSS		0.676	0.677	0.681	0.745
	RESTRUCTURED LOANS, CURRENT		0.467	0.432	0.454	0.536
	NON-PERFORMING LOANS		8.223	8.630	8.587	8.490
	ROPA, GROSS		8.197	8.785	9.154	10.925
	ALLOWANCE FOR ROPA		0.279	0.274	0.280	0.316
	NON-PERFORMING ASSETS (NPA)3/		15.829	16.782	16.821	16.275
	ALLOWANCE ON NPA		3.086	3.130	3.180	3.235
	DISTRESSED ASSETS 4/		16.887	17.782	18.125	16.766
	ROPA, GROSS (Net of Performing SCR)		7.606	8.152	8.234	7.785
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		0.591	0.633	0.920	3.140
	PAST DUE LOANS		10.064	10.453	10.520	10.231
	Annual Growth Rates
	TOTAL ASSETS		9.8	11.9	13.0	16.1
	GROSS ASSETS2/		9.8	11.6	12.6	15.7
	TOTAL LOAN PORTFOLIO (TLP), GROSS		12.8	12.7	12.9	13.0
	LOAN LOSS RESERVES		8.1	3.4	0.5	1.9
	RESTRUCTURED LOANS(RL), GROSS		8.1	(2.2)	(12.0)	(0.4)
	RESTRUCTURED LOANS, CURRENT/PERFORMING		9.3	(9.2)	(19.4)	5.3
	NON-PERFORMING LOANS		18.5	16.1	13.7	12.9
	ROPA, GROSS		2.1	9.8	14.4	31.1
	ALLOWANCE FOR ROPA		9.5	1.5	0.8	9.5
	NON-PERFORMING ASSETS (NPA) 3/		9.5	12.6	12.1	6.5
	ALLOWANCE ON NPA		8.2	3.2	0.5	2.6
	DISTRESSED ASSETS 4/		9.7	11.7	16.5	2.4
	ROPA, GROSS (Net of Performing SCR)		1.2	9.2	10.6	0.3
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		15.6	18.1	66.1	446.8
	PAST DUE LOANS		4.9	5.5	1.5	0.5
	Selected Ratios  (%)
	Past Due Ratio		14.7	14.7	15.4	13.8
	RL to TLP		1.0	1.0	1.0	1.0
	LLR to TLP		4.1	4.1	3.9	3.8
	NPL Ratio		12.1	12.2	11.6	11.1
	NPL Coverage 5/		34.1	33.1	33.8	34.4
	NPA to Gross Assets		14.1	14.3	13.8	12.5
	NPA Coverage 6/		19.5	18.7	18.9	19.9
	Distressed Assets 7/		22.1	22.5	21.8	19.2
	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