| 53 CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS | ||||||||
| Rural Banking System | ||||||||
| as of end of periods indicated | ||||||||
| in billion pesos | ||||||||
| Selected Accounts | March-08 r/ | Jun-08 r/ | Sep-08 | Dec-08 | ||||
| Asset Accounts 2/ | 155.995 | 161.088 | 161.042 | 146.089 | ||||
| Cash and Due from Banks | 27.302 | 28.197 | 27.209 | 26.200 | ||||
| Financial Assets, Excl of Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization) | 7.540 | 7.828 | 7.847 | 7.299 | ||||
| Financial Assets Held for Trading (HFT) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS Financial Assets, Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS Debt Securities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS-Debt Securities Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS-Equity Securities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Held-to-Maturity (HTM) Financial Assets | 7.540 | 7.828 | 7.847 | 7.299 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| HTM Financial Assets - Net of Amortization | 7.540 | 7.828 | 7.847 | 7.299 | ||||
| Unquoted Debt Securities Classified as Loans | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unquoted Debt Securities Classified as Loans -Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Investment in Non-Markeatable Equity Securities (INMES) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accumulated Market Gain (Losses) -Financial Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Financial Assets | 0.054 | 0.087 | 0.109 | 0.132 | ||||
| Allowance for Credit Losses-AFS | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-HTM | 0.054 | 0.087 | 0.109 | 0.132 | ||||
| Allowance for Credit Losses-Unquoted Debt Securities Classified as Loans | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses- INMES | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Assets -Net of Allowance for Credit Losses | 7.486 | 7.741 | 7.738 | 7.167 | ||||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent. | 0.126 | 0.149 | 0.131 | 0.089 | ||||
| Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent | 0.051 | 0.074 | 0.051 | 0.004 | ||||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses) | 0.075 | 0.075 | 0.080 | 0.085 | ||||
| Total Loan Portfolio, gross (net of amortization) | 99.502 | 102.674 | 101.355 | 97.328 | ||||
| Loans and Receivables, gross (net of amortization) | 99.502 | 102.674 | 101.355 | 97.328 | ||||
| Loans to Bangko Sentral ng Pilipinas | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Interbank Loans Receivable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Loans and Receivables -Others | 99.502 | 102.674 | 101.355 | 97.328 | ||||
| Unamortized Discount and Other Deferred Credits | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Loans and Receivables - Others - Net of Amortization | 99.502 | 102.674 | 101.355 | 97.328 | ||||
| Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Loans | 4.007 | 4.223 | 4.380 | 4.308 | ||||
| Allowance for Credit Losses-Interbank Loans Receivable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Loans and Receivables -Other | 3.195 | 3.383 | 3.524 | 3.458 | ||||
| Allowance for Credit Losses-LRARA | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| General Loan Loss Provision (GLLP) | 0.811 | 0.840 | 0.856 | 0.851 | ||||
| Total Loan Portfolio, Net of Allowance for Credit Losses | 95.496 | 98.451 | 96.975 | 93.020 | ||||
| Total ROPA | 11.933 | 13.463 | 15.856 | 8.443 | ||||
| Sales Contract Receivable | 3.940 | 3.838 | 3.851 | 0.804 | ||||
| Non-Current Assets Held for Sale | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Real and Other Properties Acquired | 7.993 | 9.626 | 12.005 | 7.640 | ||||
| Accumulated Depreciation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount and Other Deferred Credits | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses - ROPA | 0.379 | 0.366 | 0.384 | 0.363 | ||||
| Allowance for Credit Losses- Sales Contract Receivable | 0.006 | 0.008 | 0.007 | 0.006 | ||||
| Allowance for Losses -Real and Other Properties Acquired | 0.374 | 0.358 | 0.377 | 0.357 | ||||
| Allowance for Credit Losses -Non Current Assets held for Sale | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| ROPA, Net of Allowance for Losses | 11.554 | 13.097 | 15.472 | 8.079 | ||||
| Total Other Assets, Net | 14.082 | 13.526 | 13.567 | 11.537 | ||||
| Derivatives with Positive Fair Value Held for Hedging | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Revaluation of Hedged Assets in Portfolio Hedge of Interest Rate Risk | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Goodwill | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Goodwill - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Interest Income from Financial Assets | 1.381 | 1.348 | 1.335 | 1.352 | ||||
| Allowance for Credit Losses | 0.107 | 0.117 | 0.116 | 0.107 | ||||
| Accrued Interest Income from Financial Assets, net | 1.274 | 1.231 | 1.219 | 1.245 | ||||
| Bank Premises, Furniture, Fixture and Equipment | 4.941 | 5.056 | 5.215 | 5.297 | ||||
| Accumulated Depreciation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bank Premises, Furniture, Fixture and Equipment - Net | 4.941 | 5.056 | 5.215 | 5.297 | ||||
| Other Intangible Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accumulated Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Intangible Assets, net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Deferred Tax Asset | 0.325 | 0.341 | 0.366 | 0.394 | ||||
| Due from FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Assets | 7.886 | 7.292 | 7.205 | 5.018 | ||||
| Allowance for Losses | 0.344 | 0.394 | 0.438 | 0.418 | ||||
| Other Assets - Net | 7.542 | 6.898 | 6.767 | 4.600 | ||||
| LIABILITIES AND CAPITAL | 155.995 | 161.088 | 161.042 | 146.089 | ||||
| Liability Accounts | 134.052 | 138.007 | 137.866 | 123.291 | ||||
| 0.000 | 0.000 | 0.000 | 0.000 | |||||
| Financial Liabilities Held for Trading | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Liabilities Designated at Fair Value through Profit or Loss | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Deposit Liabilities | 113.608 | 116.493 | 115.716 | 99.660 | ||||
| Peso | 113.608 | 116.493 | 115.716 | 99.660 | ||||
| Demand & NOW | 2.872 | 3.019 | 2.836 | 3.387 | ||||
| Savings Deposits | 72.285 | 75.186 | 72.993 | 69.499 | ||||
| Time Certificate of Deposits | 38.450 | 38.288 | 39.887 | 26.774 | ||||
| LTNCD | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Foreign Currency | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bills Payable | 9.837 | 10.269 | 10.725 | 13.646 | ||||
| Deposit Substitutes | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Others | 9.837 | 10.269 | 10.725 | 13.646 | ||||
| Special Financing | 0.102 | 0.100 | 0.095 | 0.075 | ||||
| Time Certificate of Deposits - SF | 0.071 | 0.071 | 0.071 | 0.050 | ||||
| Special Time Deposits | 0.031 | 0.030 | 0.024 | 0.025 | ||||
| Unsecured Subordinated Debt | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Debt Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unsecured Subordinated Debt - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Redeemable Preferred Shares | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Total Other Liabilities | 10.505 | 11.144 | 11.330 | 9.911 | ||||
| Due to Other Banks | 0.015 | 0.018 | 0.017 | 0.025 | ||||
| Bonds Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Bond Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bonds Payable - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Liabilities Associated with Transferred Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Derivatives with Negative Fair Value Held for Hedging | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Revaluation of Hedged Liabilities in Portfolio Hedge of Interest Rate Risk | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Interest Expense on Financial Liabilities | 2.646 | 2.778 | 2.833 | 2.566 | ||||
| Finance Lease Payment Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to Treasurer of the Philippines | 0.002 | 0.002 | 0.001 | 0.001 | ||||
| Treasurer/Cashier/Manager's Checks | 0.037 | 0.051 | 0.077 | 0.104 | ||||
| Payment Orders Payable | 0.000 | 0.000 | 0.100 | 0.000 | ||||
| Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Cash Letters of Credit | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Outstanding Acceptances Executed by or for Account of this Bank | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to Bangko Sentral ng Pilipinas | 0.012 | 0.012 | 0.012 | 0.009 | ||||
| Due to Philippine Deposit Insurance Corporation | 0.016 | 0.018 | 0.014 | 0.014 | ||||
| Due to Philippine Crop Insurance Corporation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Income Tax Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Taxes and Licenses Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Expenses | 0.874 | 0.601 | 0.622 | 0.579 | ||||
| Unearned Income | 2.412 | 2.481 | 2.134 | 1.751 | ||||
| Deferred Tax Liabilities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Provisions | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Liabilities | 4.489 | 5.183 | 5.520 | 4.861 | ||||
| Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Capital Accounts | 21.943 | 23.081 | 23.176 | 22.798 | ||||
| Paid in Capital Stock | 14.158 | 15.327 | 15.082 | 14.946 | ||||
| Additional Paid-in Capital | 0.204 | 0.235 | 0.170 | 0.178 | ||||
| Other Equity Instruments | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Retained Earnings | 5.127 | 4.589 | 4.442 | 4.952 | ||||
| Stock Dividend Distributable | 1.314 | 0.804 | 0.847 | 0.232 | ||||
| Undivided Profits | 1.020 | 1.992 | 2.485 | 2.330 | ||||
| Other Comprehensive Income | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Appraisal Increment Reserve | 0.120 | 0.134 | 0.150 | 0.160 | ||||
| Treasury Stock | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Assigned Capital | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Net Due to HO/Br/Ag | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Key Ratios | ||||||||
| Cash and Due from Banks to Deposits | 24.03 | 24.21 | 23.51 | 26.29 | ||||
| Liquid Assets to Deposits 3/ | 30.62 | 30.85 | 30.20 | 33.48 | ||||
| Loans, gross to Deposits | 87.58 | 88.14 | 87.59 | 97.66 | ||||
| Capital Adequacy Ratio (CAR) 4/ | ||||||||
| Solo Basis | 13.55 | 13.41 | 13.66 | 17.62 | ||||
| Consolidated Basis | 13.55 | 13.41 | 13.66 | 17.62 | ||||
| Total Capital Accounts to Total Assets 5/ | 14.07 | 14.33 | 14.39 | 15.61 | ||||
| 1/ Inclusive of other branches / subsidiaries of foreign banks | ||||||||
| 2/ Figures adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks | ||||||||
| 3/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits | ||||||||
| 4/ Based on the framework under Circular No. 280 dated 29 March 2001 which was formally adopted on 1 July 2001. Effective 1 July 2003, the CARs of Universal and Commercial Banks (U/KBs), are based on combined credit and market risks under Circular No. dated 3 December 2002. The capital adequacy framework, covering U/KBs and their subsidiary banks and quasi-banks, was revised under Circular No. 538 dated 2 June 2006 and was formally adopted on 1 July 2007. The CAR computation for Thrift Banks, Rural and Cooperative Banks and Quasi-Banks that are not subsidiaries of U/KBs continue to be governed by Circular No. 280 and Circular No. 400 dated 1 September 2003. | ||||||||
| 5/ Ratio of Total Capital Accounts ( for ratio analysis consists of Total Capital Accounts + Redeemable Preferred Shares) to Total Assets | ||||||||
| r/ Revised | ||||||||
| Note: Details may not add up to totals due to rounding-off | ||||||||
| Source : Supervisory Data Center, Supervision and Examination Sector | ||||||||
| Updated as of 04 March 2009 | ||||||||