43   SELECTED ASSET QUALITY INDICATORS
             Thrift Banking System              
             as of end of periods indicated              
             in billion pesos              
                               
  ACCOUNTS Jan-07 Feb-07 Mar '07  Apr-07 May-07 Jun'07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07  
                               
  TOTAL THRIFT BANKS  
  TOTAL ASSETS 457.320 459.193 468.632 468.319 460.145 465.073 488.172 501.166 477.924 496.345 495.676 485.594  
  GROSS ASSETS 1/ 471.218 472.491 481.957 481.839 474.267 479.119 502.215 515.216 491.893 510.206 509.109 498.189  
  TOTAL LOAN PORTFOLIO (TLP), GROSS  262.527 267.380 279.527 279.101 271.887 270.944 303.721 311.767 287.869 314.807 309.715 294.675  
  LOAN LOSS RESERVES 10.954 10.251 10.283 10.413 10.984 10.787 10.769 10.775 10.716 10.613 10.216 9.560  
  INTERBANK LOANS RECEIVABLES 35.216 39.660 44.300 39.090 32.719 31.582 60.061 77.322 51.799 75.564 65.167 47.005  
  RESTRUCTURED LOANS(RL), GROSS 5.577 5.625 5.612 5.622 5.594 5.472 5.473 5.437 5.425 5.370 5.369 4.880  
  RESTRUCTURED LOANS, CURRENT/PERFORMING 2.392 2.408 2.296 2.413 2.494 2.617 2.458 2.367 2.366 2.372 2.366 2.132  
  NON-PERFORMING LOANS 2/ 21.082 20.541 20.391 20.538 21.208 21.371 21.216 21.378 21.539 21.422 21.446 20.231  
  ROPOA, GROSS 35.656 35.802 35.849 35.918 36.620 35.202 35.136 35.279 35.107 35.342 35.403 33.439  
  ALLOWANCE FOR ROPOA 2.944 3.046 3.042 3.108 3.138 3.259 3.274 3.276 3.254 3.248 3.216 3.036  
  NON-PERFORMING ASSETS (NPA) 3/ 52.228 51.840 51.766 52.026 53.656 52.329 52.167 52.442 52.397 52.512 52.497 49.341  
  ALLOWANCE ON NPA 13.898 13.298 13.325 13.521 14.122 14.046 14.043 14.051 13.970 13.861 13.433 12.595  
  DISTRESSED ASSETS 4/ 59.131 58.751 58.536 58.870 60.322 59.189 58.810 59.023 59.012 59.136 59.214 55.801  
  ROPOA, GROSS (Net of Performing SCR)  31.146 31.299 31.375 31.487 32.448 30.958 30.951 31.064 30.858 31.089 31.052 29.111  
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) 4.510 4.503 4.474 4.431 4.172 4.243 4.186 4.215 4.249 4.253 4.351 4.328  
  PAST DUE LOANS 25.795 26.351 27.580 27.520 26.747 26.669 29.958 23.834 24.126 24.254 24.398 22.181  
   
  Annual Growth Rates  
  TOTAL ASSETS 30.4 29.9 33.0 31.2 25.5 23.8 25.2 27.6 18.1 20.4 17.5 10.1  
  GROSS ASSETS 1/ 30.4 29.7 32.6 30.8 25.3 23.7 24.7 26.8 17.5 19.7 16.9 9.7  
  TOTAL LOAN PORTFOLIO (TLP), GROSS  32.0 30.8 36.0 34.2 26.4 24.6 34.0 34.1 20.3 30.3 27.7 18.3  
  LOAN LOSS RESERVES 30.8 20.1 16.3 15.1 18.7 16.1 7.1 3.0 2.7 0.6 (0.5) (5.7)  
  INTERBANK LOANS RECEIVABLES 132.5 188.1 192.4 143.8 86.4 75.9 162.8 230.8 120.7 187.0 162.9 59.8  
  RESTRUCTURED LOANS(RL), GROSS (8.7) (4.4) (4.6) (8.3) (7.7) (7.1) (8.1) (9.2) (9.6) (8.4) (8.8) (13.1)  
  RESTRUCTURED LOANS, CURRENT/PERFORMING (50.5) (47.7) (49.7) (49.4) (46.2) (37.1) (35.5) (21.5) (23.5) (11.6) (6.9) (14.6)  
  NON-PERFORMING LOANS 2/ 18.3 12.6 10.5 12.4 14.4 18.7 11.6 5.9 6.3 1.3 4.8 (1.6)  
  ROPOA, GROSS 11.4 11.6 30.5 11.9 13.3 7.2 (0.5) 1.5 (2.3) (1.4) (1.2) (6.0)  
  ALLOWANCE FOR ROPOA 31.6 36.3 35.8 36.3 30.7 35.3 21.8 (0.4) (4.7) (3.3) (0.1) (1.4)  
  NON-PERFORMING ASSETS (NPA) 3/ 15.5 13.6 25.3 14.1 16.1 12.6 4.4 3.7 1.1 (0.1) 1.4 (4.4)  
  ALLOWANCE ON NPA 31.0 23.5 20.3 19.4 21.2 20.1 10.2 2.2 0.9 (0.4) (0.4) (4.7)  
  DISTRESSED ASSETS 4/ 8.2 7.0 16.0 6.8 8.7 7.6 1.1 1.9 (0.5) (0.9) 0.7 (4.8)  
  ROPOA, GROSS (Net of Performing SCR)  13.7 14.3 37.2 15.2 17.2 8.8 0.0 2.3 (2.2) (1.0) (0.8) (6.2)  
  PERFORMING SALES CONTRACT RECEIVABLES (SCR) (2.5) (4.1) (2.7) (6.8) (10.2) (3.3) (4.2) (3.9) (3.2) (4.2) (3.6) (4.8)  
  PAST DUE LOANS 32.7 32.6 38.8 37.2 29.6 32.3 42.8 13.6 14.0 9.5 11.0 (1.0)  
   
  Selected Ratios  (%)  
   
       Past Due Ratio 9.8 9.8 9.8 9.8 9.8 9.8 9.8 7.6 8.1 7.7 7.8 7.5  
       RL to TLP 2.1 2.1 2.0 2.0 2.0 2.0 1.8 1.7 1.8 1.7 1.7 1.6  
       LLR to TLP 4.2 3.8 3.7 3.7 4.0 4.0 3.5 3.5 3.7 3.4 3.3 3.2  
       NPL Ratio (inclusive of IBL) 8.0 7.7 7.3 7.4 7.8 7.9 7.0 6.9 7.5 6.8 6.9 6.9  
       NPL Ratio (exclusive of IBL) 9.3 9.0 8.7 8.6 8.9 8.9 8.7 9.1 9.1 9.0 8.8 8.2  
       NPL Coverage 5/ 52.0 49.9 50.4 50.7 51.8 50.5 50.8 50.4 49.8 49.5 47.6 47.3  
       NPA to Gross Assets  11.1 11.0 10.7 10.8 11.3 10.9 10.4 10.2 10.7 10.3 10.3 9.9  
       NPA Coverage 6/ 26.6 25.7 25.7 26.0 26.3 26.8 26.9 26.8 26.7 26.4 25.6 25.5  
       Distressed Assets 7/ 19.8 19.4 18.6 18.7 19.6 19.3 17.4 17.0 18.3 16.9 17.2 17.0  
                               
   
  1/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA  
  2/ As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351    dated 19 September 2002  
  3/ Refers to NPLs plus ROPOA as defined per BSP Circular No. 351 and 380, respectively  
  4/ Refers to NPLs plus ROPOA, 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 ROPOA) to NPAs  
  7/ Refers to the ratio of Distressed Assets to TLP plus ROPOA, 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