4   CONSOLIDATED STATEMENT OF INCOME AND EXPENSES
		Philippine Banking System
		for the periods indicated
		in billion pesos
		Selected Accounts				ALL BANKS					UNIVERSAL AND COMMERCIAL BANKS					THRIFT BANKS					RURAL AND COOPERATIVE BANKS
						Mar-07	Jun-07	Sep-07	Dec-07		Mar-07	Jun-07	Sep-07	Dec-07		Mar-07	Jun-07	Sep-07	Dec-07		Mar-07	Jun-07	Sep-07	Dec-07
		OPERATING INCOME				68.005	131.987	196.892	267.040		57.543	110.524	165.040	224.771		7.037	13.962	20.373	26.844		3.425	7.502	11.480	15.426
		Net Interest Income				41.378	83.236	128.523	168.193		34.163	67.997	105.541	136.936		4.865	10.020	15.052	20.074		2.350	5.218	7.930	11.184
			Interest Income			76.281	152.300	230.981	304.703		62.913	124.927	189.258	248.467		9.191	18.402	27.996	37.730		4.177	8.972	13.727	18.506
			Less: Interest Expense			34.903	69.064	102.458	136.510		28.750	56.930	83.716	111.531		4.326	8.381	12.944	17.656		1.827	3.753	5.798	7.322
		Non-Interest Income				26.628	48.751	68.369	98.847		23.380	42.526	59.498	87.835		2.172	3.941	5.321	6.770		1.075	2.283	3.550	4.242
			Fee-based Income			8.639	17.316	26.210	36.487		7.053	13.970	21.149	29.929		0.865	1.796	2.749	3.679		0.721	1.550	2.311	2.879
			Trading Income/(Loss)			12.509	19.096	24.647	39.514		11.444	17.489	22.950	37.598		1.061	1.600	1.682	1.907		0.004	0.007	0.015	0.010
			Trust Department Income			0.843	1.691	2.758	4.136		0.826	1.655	2.690	4.007		0.017	0.036	0.067	0.128		0.000	0.000	0.000	0.000
			Other Income/(Loss)			4.636	10.647	14.755	18.711		4.058	9.412	12.709	16.301		0.229	0.510	0.823	1.057		0.350	0.726	1.223	1.353
		OPERATING EXPENSES				50.321	99.275	150.975	206.515		41.618	81.111	122.378	167.566		6.032	12.603	19.782	26.880		2.671	5.561	8.815	12.068
			Bad Debts Written Off			0.075	1.047	1.618	2.389		0.001	0.937	1.455	2.084		0.072	0.106	0.153	0.236		0.002	0.005	0.010	0.070
			Provisions			7.393	12.988	19.025	21.738		6.720	11.281	16.362	18.478		0.523	1.385	2.114	2.641		0.150	0.322	0.548	0.619
			Othe Operating Expenses			42.853	85.239	130.333	182.388		34.897	68.893	104.561	147.004		5.437	11.112	17.515	24.004		2.519	5.234	8.257	11.380
			Overhead Costs			27.876	54.950	83.950	116.191		22.703	44.395	67.349	93.380		3.562	7.204	11.477	15.675		1.611	3.351	5.124	7.136
			Other Expenses			14.978	30.290	46.382	66.197		12.194	24.499	37.212	53.624		1.875	3.908	6.038	8.329		0.908	1.883	3.132	4.243
			NET OPERATING INCOME (LOSS)			17.684	32.712	45.917	60.526		15.925	29.413	42.662	57.205		1.005	1.358	0.591	(0.037)		0.754	1.941	2.664	3.357
			EXTRAORDINARY CREDITS/(CHARGES)			4.303	7.787	10.866	16.375		3.973	7.023	9.752	15.227		0.199	0.511	0.728	0.682		0.130	0.254	0.386	0.466
			NET INCOME/(LOSS) BEFORE TAX			21.987	40.499	56.783	76.901		19.898	36.436	52.414	72.432		1.205	1.869	1.319	0.645		0.884	2.195	3.051	3.823
			Provision for Income Tax			3.749	6.827	10.793	13.978		3.054	5.953	9.470	12.484		0.553	0.591	0.783	0.708		0.142	0.283	0.539	0.786
			NET INCOME/(LOSS) AFTER TAX			18.238	33.672	45.990	62.922		16.844	30.482	42.943	59.949		0.652	1.278	0.535	(0.063)		0.742	1.912	2.511	3.037
		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