53 Balance Sheet          
             
             
  Rural Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-08 Jun-08 Sep-08 Dec-08  
   
  TOTAL ASSETS  155,994,892.12 161,087,519.60 161,042,246.57 146,088,569.17  
  CASH AND DUE FROM BANKS 27,302,466.54 28,197,208.69 27,209,389.85 26,200,464.96  
  TLP (INCLUSIVE OF IBL AND RRPs) , NET  95,495,539.17 98,450,915.31 96,974,834.60 93,020,040.84  
  Total Loan Portfolio (TLP), gross  99,502,094.38 102,674,158.13 101,354,654.08 97,328,480.89  
  (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 99,502,094.38 102,674,158.13 101,354,654.08 97,328,480.89  
  Allowance for Credit Losses  4,006,555.21 4,223,242.82 4,379,819.49 4,308,440.06  
  TLP, gross (exclusive of IBL) 99,502,094.38 102,674,158.13 101,354,654.08 97,328,480.89  
  TLP, gross (exclusive of IBL and RRP with BSP and Other Banks) 99,502,094.38 102,674,158.13 101,354,654.08 97,328,480.89  
  TOTAL INVESTMENTS, NET 7,560,904.14 7,816,337.05 7,818,555.41 7,251,669.40  
  (A) Financial Assets, net (Portfolio Investments) 7,485,693.47 7,741,289.86 7,738,158.56 7,167,066.18  
  Financial Assets, gross (net of amortization) 7,540,100.32 7,828,162.88 7,847,300.37 7,298,909.19  
  (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 7,540,100.32 7,828,162.88 7,847,300.37 7,298,909.19  
  (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 86,873.02 109,141.81 131,843.00  
  (B) Equity Investment in Subsidiaries/Associates/Joint Ventures, net (Direct Investments) 75,210.67 75,047.19 80,396.85 84,603.22  
  ROPA, NET 11,554,150.37 13,096,897.02 15,472,089.19 8,079,394.17  
  Real and Other Properties Acquired (ROPA), gross 11,933,224.63 13,463,080.44 15,855,651.67 8,443,435.87  
  of which:  
  (1) Sales Contract Receivables, Gross 0.00 0.00 0.00 803,666.25  
  (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 0.00 803,666.25  
  (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 379,074.26 366,183.42 383,562.48 364,041.70  
  OTHER ASSETS 14,081,831.90 13,526,161.53 13,567,377.52 11,536,999.79  
  LIABILITIES AND CAPITAL  
  LIABILITIES 134,051,541.45 138,006,519.39 137,865,913.26 123,290,920.72  
  FINANCIAL LIABILITIES HFT 0.00 0.00 0.00 0.00  
  FINANCIAL LIABILITIES DFVPL 0.00 0.00 0.00 0.00  
  DEPOSIT LIABILITIES 113,607,527.17 116,492,872.46 115,716,304.15 99,660,082.10  
  Peso Liabilities 113,607,527.17 116,492,872.46 115,716,304.15 99,660,082.10  
  Demand and NOW 2,919,604.26 3,019,493.28 2,835,669.30 3,386,941.47  
  Savings 72,285,498.65 75,185,818.81 72,993,145.25 69,499,353.00  
  Time 38,450,446.18 38,287,560.37 39,887,489.60 26,773,787.64  
  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 46,089.38 49,974.11 43,536.24 49,567.25  
  BILLS PAYABLE 9,908,050.24 10,339,623.87 10,795,909.16 13,695,469.33  
  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 10,489,874.66 11,124,048.95 11,310,163.72 9,885,802.05  
  TOTAL CAPITAL ACCOUNTS  21,943,350.67 23,081,000.21 23,176,333.31 22,797,648.44  
  Capital Stock 15,471,987.58 16,131,436.77 15,928,941.53 15,355,935.66  
  Retained Earnings & Undivided Profits 6,351,514.46 6,815,639.08 7,097,687.04 7,282,073.33  
  Other Comprehensive Income 0.00 0.00 0.00 0.00  
  Appraisal Increment Reserves 119,848.62 133,924.37 149,704.73 159,639.45  
  Other Capital 0.00 0.00 0.00 0.00  
             
Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas