61  SELECTED PERFORMANCE RATIOS    
            Cooperative Banking System    
            for the periods indicated    
            in percent    
2006
March  June Sept Dec
   
Annual Growth Rates   
   Balance Sheet  
       Total Assets  15.1 14.7 16.0 18.3
          Cash and Due From Banks 22.8 36.5 53.8 45.1
          Loans, gross  11.1 10.3 11.0 13.9
             Allowance for Probable Losses 7.8 3.8 15.4 12.7
          Loans, net  11.3 10.7 10.7 14.0
          Investments, net 8.0 4.6 23.9 (2.3)
          ROPA, net 32.3 22.0 6.9 3.5
          Other Assets 1/ 44.0 17.7 4.2 28.1
       Total Liabilities 15.4 15.2 18.3 20.0
          Deposits 14.8 17.2 21.4 21.7
          Bills Payable 17.6 14.2 16.3 21.6
          Special Financing 2.0 1.0 (3.8) (10.1)
          Other Liabilities 16.3 1.6 (0.3) 1.3
       Total Capital Accounts 13.4 12.4 4.3 9.9
 
   Income Statement   
       Total Operating Income 14.4 13.4 7.1 11.9
           Net Interest Income 21.7 21.7 10.3 11.5
           Non-Interest Income 6.8 5.1 3.7 12.4
       Operating Expenses 10.2 11.8 9.8 11.7
          Bad Debts / Provisions for Probable Losses 4.8 12.1 11.1 18.5
          Other Operating Expenses 10.4 11.8 9.8 11.3
       Net Operating Income 30.9 19.6 (2.6) 13.1
       Extraordinary Credits/(Charges) (4.5) (43.1) (24.6) (35.3)
       Net Income After Tax (NIAT) 24.8 7.5 (7.3) 4.1
 
Key Financial Ratios  
       NPL Ratio  12.7 12.6 13.3 11.9
       NPA to Gross Assets  13.2 13.3 13.5 12.0
       Cash and Due from Banks to Deposits 26.7 26.8 27.4 31.3
       Liquid Assets to Deposits 33.0 32.3 33.7 36.0
       Loans, gross to Deposits 120.8 119.9 118.2 116.1
        Earning Asset Yield * 2/ 18.0 18.0 18.4 18.3
        Funding Cost * 3/ 6.6 6.5 6.5 6.4
        Interest Spread * 4/ 11.5 11.5 11.9 11.9
        Net Interest Margin * 5/ 10.5 10.4 10.9 10.8
        Net Interest Income to Total Operating Income  71.2 71.5 71.3 70.6
        Cost to Income Ratio * 6/ 82.3 82.3 76.8 77.4
        Return on Assets  1.4 1.3 2.1 2.0
        Return on Equity  9.3 9.1 14.0 13.6
       Capital Adequacy Ratio (CAR) 7/  
            Solo Basis 15.9 15.8 15.1 12.1
            Consolidated Basis 15.9 15.8 15.1 12.1
       Total Capital Accounts to Total Assets 16.3 16.3 15.1 15.2
* Annualized
1/ Inclusive of Fixed Assets  
5/ Based on the old framework provided for under Section 22 of the old General Banking Act  
2/ Refers to the ratio of Interest Income to Average Earning Assets        
3/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities      
4/ Refers to the difference between Earning Asset Yield and Funding Cost      
5/ Refers to the ratio of Net Interest Income to Average Earning Assets      
6/ Refers to the ratio of Operating Expenses (exclusive of Bad Debts and Provisions) to Total Operating Income  
7/ Based on the new framework provided for under Circular No. 280 dated 29 March 2001 which was formally adopted starting 1 July 2001
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