7   SELECTED ASSET QUALITY INDICATORS 1/
          Philippine Banking System
          as of end of periods indicated
           in billion pesos
             
  ACCOUNTS Mar-06 Jun-06 Sep-06 Dec-06
             
  ALL BANKS          
  TOTAL ASSETS 4,299.133 4,517.582 4,538.146 4,865.618
  GROSS ASSETS 2/ 4,453.370 4,661.798 4,691.857 4,994.596
  TOTAL LOAN PORTFOLIO (TLP), GROSS  2,185.518 2,184.154 2,246.112 2,405.277
  LOAN LOSS RESERVES 131.936 122.962 131.502 110.419
  INTERBANK LOANS RECEIVABLES 393.909 340.963 352.369 432.521
  RESTRUCTURED LOANS(RL), GROSS 106.396 104.388 103.038 86.432
  RESTRUCTURED LOANS, CURRENT/PERFORMING 57.305 56.765 54.473 50.507
  NON-PERFORMING LOANS 180.041 163.877 172.732 147.182
  ROPA, GROSS 228.366 227.617 230.467 217.240
  ALLOWANCE FOR ROPA 22.302 21.254 22.208 18.559
  NON-PERFORMING ASSETS (NPA) 3/ 393.707 379.052 388.044 345.501
  ALLOWANCE ON NPA 154.238 144.216 153.711 128.978
  DISTRESSED ASSETS 4/ 465.712 450.408 457.579 411.728
  ROPA, GROSS (Net of Performing SCR)  213.666 205.683 214.765 198.319
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) 14.701 21.934 15.702 18.920
  PAST DUE LOANS 193.805 186.871 191.700 173.009
   
  Annual Growth Rates  
  TOTAL ASSETS 1.1 4.3 7.1 12.7
  GROSS ASSETS  2/ 0.9 4.0 6.7 11.7
  TOTAL LOAN PORTFOLIO (TLP), GROSS  5.5 1.6 8.9 12.4
  LOAN LOSS RESERVES (7.8) (9.5) (4.5) (15.3)
  INTERBANK LOANS RECEIVABLES 29.4 7.2 12.7 23.9
  RESTRUCTURED LOANS(RL), GROSS (15.1) (12.9) (9.1) (18.5)
  RESTRUCTURED LOANS, CURRENT/PERFORMING (13.2) (19.8) (13.2) (10.2)
  NON-PERFORMING LOANS (22.5) (17.7) (11.6) (17.7)
  ROPA, GROSS (3.8) (2.4) (5.3) (5.9)
  ALLOWANCE FOR ROPA 30.3 12.6 8.1 (12.8)
  NON-PERFORMING ASSETS (NPA) 3/ (13.7) (10.1) (8.7) (12.6)
  ALLOWANCE ON NPA (3.5) (6.6) (2.8) (15.0)
  DISTRESSED ASSETS 4/ (12.9) (10.8) (8.8) (11.0)
  ROPOA, GROSS (Net of Performing SCR)  (5.1) (3.4) (6.2) (8.4)
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) 20.3 15.4 9.0 30.6
  PAST DUE LOANS (20.6) (15.8) (10.0) (10.0)
   
  Selected Ratios  (%)  
   
       Past Due Ratio 8.8 8.5 8.5 7.1
       RL to TLP 4.8 4.7 4.6 3.6
       LLR to TLP 6.0 5.6 5.9 4.6
       NPL Ratio (inclusive of IBL) 8.2 7.5 7.7 6.1
       NPL Ratio (exclusive of IBL) 10.0 8.9 9.2 7.5
       NPL Coverage 5/ 73.3 75.0 76.1 75.0
       NPA to Gross Assets  8.8 8.1 8.3 6.9
       NPA Coverage 6/ 39.2 38.0 39.6 37.3
       Distressed Assets 7/ 19.3 18.7 18.5 15.7
             
   
  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, performing.
  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 1 April 2008