48 Balance Sheet          
             
             
  Rural and Cooperative Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-08 Jun-08 Sep-08 Dec-08  
   
  TOTAL ASSETS  166,963,916.60 172,588,198.49 173,251,506.53 158,962,163.71  
  CASH AND DUE FROM BANKS 29,316,968.50 30,243,499.88 29,298,775.09 28,409,202.08  
  TLP (INCLUSIVE OF IBL AND RRPs) , NET  102,967,734.55 106,320,512.49 105,359,686.37 101,837,597.51  
  Total Loan Portfolio (TLP), gross  107,342,259.76 110,964,930.92 110,177,527.84 106,592,442.64  
  (a) Interbank Loans Receivable (IBL) 0.00 0.00 0.00 0.00  
  (b) Total Reverse Repurchase (RRPs) 0.00 0.00 0.00 0.00  
  of which:  
  Reverse Repurchase (RRPs) with BSP 0.00 0.00 0.00 0.00  
  Reverse Repurchase (RRPs) with Other Banks 0.00 0.00 0.00 0.00  
  (c) Loans and Receivable - Others, net of amortization 107,342,259.76 110,964,930.92 110,177,527.84 106,592,442.64  
  Allowance for Credit Losses  4,374,525.21 4,644,418.43 4,817,841.47 4,754,845.13  
  TLP, gross (exclusive of IBL) 107,342,259.76 110,964,930.92 110,177,527.84 106,592,442.64  
  TLP, gross (exclusive of IBL and RRP with BSP and Other Banks) 107,342,259.76 110,964,930.92 110,177,527.84 106,592,442.64  
  TOTAL INVESTMENTS, NET 7,894,324.88 8,174,906.22 8,236,744.69 7,732,296.08  
  (A) Financial Assets, net (Portfolio Investments) 7,800,227.21 8,080,015.19 8,133,710.50 7,620,242.88  
  Financial Assets, gross (net of amortization) 7,854,634.06 8,166,888.21 8,255,689.68 7,769,535.75  
  (1) Financial Assets Held for Trading (HFT) 0.00 0.00 0.00 0.00  
  (2) Financial Assets DFVPL 0.00 0.00 0.00 0.00  
  (3) Available-for-Sale (AFS) Financial Assets 0.00 0.00 0.00 0.00  
  (4) Held-to-Maturity (HTM) Financial Assets 7,854,634.06 8,166,888.21 8,255,689.68 7,769,535.75  
  (5) Unquoted Debt Securities Classified as Loans 0.00 0.00 0.00 0.00  
  (6) Investments in Non-Marketable Equity Securities 0.00 0.00 0.00 0.00  
  Accumulated Market Gains/Losses  0.00 0.00 0.00 0.00  
  Allowance for Credit Losses  54,406.85 86,873.02 121,979.17 149,292.87  
  (B) Equity Investment in Subsidiaries/Associates/Joint Ventures, net (Direct Investments) 94,097.67 94,891.02 103,034.19 112,053.20  
  ROPA, NET 11,977,860.75 13,530,803.27 15,919,399.98 8,542,439.12  
  Real and Other Properties Acquired (ROPA), gross 12,367,356.09 13,907,765.27 16,313,545.52 8,917,707.23  
  of which:  
  (1) Sales Contract Receivables, Gross 0.00 0.00 0.00 838,280.13  
  (a) Performing 0.00 0.00 0.00 0.00  
  (b) Non-Performing 0.00 0.00 0.00 0.00  
  Sales Contract Receivables, Net 0.00 0.00 0.00 831,559.01  
  (2) Non-Current Assets Held for Sale, Gross 0.00 0.00 0.00 0.00  
  Non-Current Assets Held for Sale, net 0.00 0.00 0.00 0.00  
  Unamortized Discount and Other Deferred Credits 0.00 0.00 0.00 0.00  
  Accummulated Depreciation 0.00 0.00 0.00 0.00  
  Allowance for Losses 389,495.34 376,962.01 394,145.54 375,268.11  
  OTHER ASSETS 14,807,027.92 14,318,476.64 14,436,900.40 12,440,628.91  
  LIABILITIES AND CAPITAL  
  LIABILITIES 143,427,910.39 147,880,289.84 148,361,627.37 134,412,019.01  
  FINANCIAL LIABILITIES HFT 0.00 0.00 0.00 0.00  
  FINANCIAL LIABILITIES DFVPL 0.00 0.00 0.00 0.00  
  DEPOSIT LIABILITIES 120,360,230.52 123,552,624.93 123,229,201.60 107,309,728.88  
  Peso Liabilities 120,360,230.52 123,552,624.93 123,229,201.60 107,309,728.88  
  Demand and NOW 2,919,604.26 3,070,886.44 2,900,104.24 3,447,413.16  
  Savings 75,509,034.21 78,546,428.50 76,458,372.88 73,086,277.27  
  Time 41,931,592.06 41,935,309.98 43,870,724.48 30,776,038.45  
  LTNCD 0.00 0.00 0.00 0.00  
  Foreign Currency 0.00 0.00 0.00 0.00  
  Demand and NOW 0.00 0.00 0.00 0.00  
  Savings 0.00 0.00 0.00 0.00  
  Time 0.00 0.00 0.00 0.00  
  LTNCD 0.00 0.00 0.00 0.00  
  DUE TO BANKS/OTHERS 65,807.64 59,208.15 51,507.24 56,785.15  
  BILLS PAYABLE 11,985,623.23 12,568,961.49 13,177,229.53 16,534,525.53  
  BONDS PAYABLE 0.00 0.00 0.00 0.00  
  UNSECURED SUBORDINATED DEBT, NET 0.00 0.00 0.00 0.00  
  REDEEMABLE PREFERRED SHARES 0.00 0.00 0.00 0.00  
  DERIVATIVES WITH NEGATIVE FAIR VALUE HELD FOR HEDGING 0.00 0.00 0.00 0.00  
  OTHER LIABILITIES 11,016,248.99 11,699,495.27 11,903,689.00 10,510,979.45  
  TOTAL CAPITAL ACCOUNTS  23,536,006.21 24,707,908.65 24,889,879.16 24,550,144.70  
  Capital Stock 16,517,373.23 17,205,430.98 17,010,861.75 16,513,667.90  
  Retained Earnings & Undivided Profits 6,898,586.46 7,368,355.40 7,729,114.77 7,876,639.45  
  Other Comprehensive Income 0.00 0.00 0.00 0.00  
  Appraisal Increment Reserves 120,046.52 134,122.27 149,902.63 159,837.35  
  Other Capital 0.00 0.00 0.00 0.00  
             
Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas