7 Selected Performance Indicators                      
                         
                         
  Philippine Banking System                      
  as of end of periods indicated                      
  amounts in thousand Pesos, ratios in percent (%)                      
                         
   
  Selected Accounts Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 6.05 5.89 5.76 5.54 5.69 5.51 5.70 5.58 5.36 5.17  
  Past Due Loans 154,183,293.66 156,807,502.17 158,046,845.76 153,216,434.88 156,048,952.91 153,055,387.95 156,981,406.94 155,086,290.15 155,664,785.20 151,201,378.05  
  Total Loan Portfolio (TLP), gross  2,547,923,846.08 2,663,892,383.15 2,743,610,953.06 2,767,353,216.57 2,744,324,614.16 2,777,731,048.39 2,752,666,852.59 2,778,110,126.79 2,901,549,588.41 2,924,442,510.34  
  RL to TLP 2.65 2.55 2.46 2.33 2.32 2.34 2.30 2.28 2.14 2.07  
  Restructured Loans (RL), gross 67,621,973.15 67,868,790.47 67,528,782.20 64,497,969.62 63,681,119.16 64,893,704.51 63,278,272.83 63,209,486.31 62,150,484.16 60,650,054.64  
  TLP, gross  2,547,923,846.08 2,663,892,383.15 2,743,610,953.06 2,767,353,216.57 2,744,324,614.16 2,777,731,048.39 2,752,666,852.59 2,778,110,126.79 2,901,549,588.41 2,924,442,510.34  
  Loan Loss Reserves (LLR) to TLP 4.07 3.88 3.80 3.77 3.80 3.76 3.77 3.74 3.55 3.53  
  Allowance for Credit Losses (ACL) - TLP 103,018,005.66 102,941,394.18 103,694,293.58 103,747,110.10 103,672,367.59 103,831,033.21 102,923,649.04 103,033,375.86 102,296,914.82 102,473,208.33  
  TLP, gross  2,533,742,697.26 2,649,781,120.15 2,729,493,744.60 2,749,598,891.22 2,726,217,452.60 2,759,069,707.84 2,733,412,525.73 2,757,961,474.78 2,881,247,917.28 2,904,379,113.04  
  NPL Ratio 4.99 4.72 4.61 4.49 4.47 4.41 4.52 4.45 4.27 4.11  
  Non-Performing Loans (NPL) 126,369,527.94 124,973,502.58 125,783,347.60 123,519,303.18 121,811,395.81 121,752,688.33 123,662,667.98 122,727,950.14 123,015,263.76 119,258,631.38  
  TLP, gross  2,533,742,697.26 2,649,781,120.15 2,729,493,744.60 2,749,598,891.22 2,726,217,452.60 2,759,069,707.84 2,733,412,525.73 2,757,961,474.78 2,881,247,917.28 2,904,379,113.04  
  NPL Ratio, net of IBL 5.72 5.52 5.46 5.17 5.07 5.00 5.04 4.96 4.68 4.48  
  NPL 126,369,527.94 124,973,502.58 125,783,347.60 123,519,303.18 121,811,395.81 121,752,688.33 123,662,667.98 122,727,950.14 123,015,263.76 119,258,631.38  
  TLP, gross net of IBL 2,209,355,525.74 2,265,511,955.84 2,302,281,824.87 2,388,126,632.19 2,402,875,160.24 2,433,444,761.77 2,453,541,636.33 2,472,579,579.05 2,629,629,952.59 2,662,690,641.67  
  NPL Coverage Ratio 81.52 82.37 82.44 83.99 85.11 85.28 83.23 83.95 83.16 85.93  
  ACL - TLP 103,018,005.66 102,941,394.18 103,694,293.58 103,747,110.10 103,672,367.59 103,831,033.21 102,923,649.04 103,033,375.86 102,296,914.82 102,473,208.33  
  Gross NPL 126,369,527.94 124,973,502.58 125,783,347.60 123,519,303.18 121,811,395.81 121,752,688.33 123,662,667.98 122,727,950.14 123,015,263.76 119,258,631.38  
  NPA to Gross Assets  6.01 5.88 5.77 5.61 5.76 5.59 5.58 5.46 5.35 5.13  
  Non-Performing Assets (NPA) 313,931,400.96 309,562,788.99 308,224,567.43 306,251,950.14 306,478,719.70 304,842,244.10 307,528,809.61 306,033,112.93 304,335,602.67 298,117,037.54  
  (1) Gross NPL 126,369,527.94 124,973,502.58 125,783,347.60 123,519,303.18 121,811,395.81 121,752,688.33 123,662,667.98 122,727,950.14 123,015,263.76 119,258,631.38  
  (2) ROPA, gross 187,561,873.02 184,589,286.41 182,441,219.83 182,732,646.96 184,667,323.89 183,089,555.77 183,866,141.64 183,305,162.78 181,320,338.91 178,858,406.17  
  Gross Assets 5,220,394,630.63 5,264,507,167.56 5,345,538,253.56 5,455,721,688.41 5,322,122,247.77 5,454,573,484.87 5,511,756,607.91 5,608,810,700.64 5,686,268,251.81 5,809,454,197.10  
  (1) Total Assets 5,088,344,895.78 5,132,854,730.73 5,212,941,122.36 5,322,994,324.58 5,189,504,798.44 5,321,511,976.77 5,378,151,733.96 5,475,283,235.15 5,553,480,603.18 5,675,680,813.66  
  (2) Allowance on NPA 132,049,734.85 131,652,436.83 132,597,131.20 132,727,363.83 132,617,449.33 133,061,508.10 133,604,873.95 133,527,465.49 132,787,648.63 133,773,383.43  
  NPA Coverage Ratio 42.06 42.53 43.02 43.34 43.27 43.65 43.44 43.63 43.63 44.87  
  Allowance on NPA 132,049,734.85 131,652,436.83 132,597,131.20 132,727,363.83 132,617,449.33 133,061,508.10 133,604,873.95 133,527,465.49 132,787,648.63 133,773,383.43  
  NPA 313,931,400.96 309,562,788.99 308,224,567.43 306,251,950.14 306,478,719.70 304,842,244.10 307,528,809.61 306,033,112.93 304,335,602.67 298,117,037.54  
  Distressed Assets Ratio 12.88 12.20 11.83 11.58 11.62 11.48 11.62 11.49 10.99 10.74  
  Distressed Assets 353,057,030.85 348,060,057.52 346,798,245.44 341,858,622.63 340,426,055.39 339,834,574.30 341,406,849.83 340,269,477.09 338,807,241.76 332,859,482.06  
  NPA 313,931,400.96 309,562,788.99 308,224,567.43 306,251,950.14 306,478,719.70 304,842,244.10 307,528,809.61 306,033,112.93 304,335,602.67 298,117,037.54  
  RL, Performing 39,125,629.89 38,497,268.53 38,573,678.01 35,606,672.48 33,947,335.69 34,992,330.20 33,878,040.22 34,236,364.17 34,471,639.09 34,743,971.94  
  TLP, gross  2,533,742,697.26 2,649,781,120.15 2,729,493,744.60 2,749,598,891.22 2,726,217,452.60 2,759,069,707.84 2,733,412,525.73 2,757,961,474.78 2,881,247,917.28 2,904,379,113.04  
  Total ROPA 206,327,500.84 204,249,173.57 202,414,890.74 202,874,009.34 202,858,964.60 202,405,661.31 204,111,560.86 203,257,199.13 201,948,304.67 195,330,105.06  
  (1) ROPA, gross 187,561,873.02 184,589,286.41 182,441,219.83 182,732,646.96 184,667,323.89 183,089,555.77 183,866,141.64 183,305,162.78 181,320,338.91 178,858,406.17  
  (2) Performing SCR 18,765,627.82 19,659,887.16 19,973,670.91 20,141,362.38 18,191,640.71 19,316,105.53 20,245,419.22 19,952,036.35 20,627,965.77 16,471,698.89  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 21.15 20.02 19.83 20.75 18.45 19.32 20.47 20.25 18.22 19.90  
  Cash and Due from Banks   762,903,082.16 734,263,445.63 735,840,808.54 790,587,104.30 699,887,596.15 745,251,973.47 810,514,060.06 817,731,369.54 747,902,013.85 834,879,212.03  
  Deposits 3,606,403,102.93 3,668,342,614.61 3,710,706,229.28 3,809,673,371.26 3,793,164,917.12 3,856,624,244.23 3,958,939,772.36 4,038,343,312.45 4,105,837,245.96 4,195,065,646.26  
  (2) Liquid Assets to Deposits Ratio 54.59 51.71 51.09 51.92 49.45 51.49 51.96 52.40 49.97 52.53  
  Liquid Assets, sum of: 1,968,696,549.30 1,896,812,406.82 1,895,747,702.04 1,978,125,248.18 1,875,734,459.40 1,985,723,360.10 2,057,016,485.70 2,115,943,911.76 2,051,784,024.51 2,203,479,749.30  
  (1) Cash and Due from Banks 762,903,082.16 734,263,445.63 735,840,808.54 790,587,104.30 699,887,596.15 745,251,973.47 810,514,060.06 817,731,369.54 747,902,013.85 834,879,212.03  
  (2) Financial Assets, net (excl. equity investments) 1,205,793,467.14 1,162,548,961.19 1,159,906,893.50 1,187,538,143.88 1,175,846,863.25 1,240,471,386.63 1,246,502,425.64 1,298,212,542.22 1,303,882,010.66 1,368,600,537.27  
  Deposits 3,606,403,102.93 3,668,342,614.61 3,710,706,229.28 3,809,673,371.26 3,793,164,917.12 3,856,624,244.23 3,958,939,772.36 4,038,343,312.45 4,105,837,245.96 4,195,065,646.26  
  (3) Loans (gross) to Deposits 70.65 72.62 73.94 72.64 72.35 72.02 69.53 68.79 70.67 69.71  
  Loans (gross) 2,547,923,846.08 2,663,892,383.15 2,743,610,953.06 2,767,353,216.57 2,744,324,614.16 2,777,731,048.39 2,752,666,852.59 2,778,110,126.79 2,901,549,588.41 2,924,442,510.34  
  Deposits 3,606,403,102.93 3,668,342,614.61 3,710,706,229.28 3,809,673,371.26 3,793,164,917.12 3,856,624,244.23 3,958,939,772.36 4,038,343,312.45 4,105,837,245.96 4,195,065,646.26  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.18 1.06 0.99 0.77  
  Annualized Net Profit or Loss  59,631,905.39 54,373,949.17 50,941,902.48 41,429,075.66  
  Average Assets 5,033,328,990.89 5,147,245,730.14 5,155,997,048.78 5,404,898,609.39  
  Total Assets (last year) 4,978,313,086.00 4,971,497,135.70 4,933,842,363.60 5,134,116,405.12  
  Total Assets (current year) 5,088,344,895.78 5,322,994,324.58 5,378,151,733.96 5,675,680,813.66  
  (2) Return on Equity (ROE) 10.14 9.56 8.71 6.90  
  Annualized Net Profit or Loss  59,631,905.39 54,373,949.17 50,941,902.48 41,429,075.66  
  Average Capital 588,161,796.48 568,585,021.95 585,156,207.22 600,389,325.63  
  Total Capital (last year) 573,358,624.14 567,375,058.90 573,212,902.21 601,800,070.99  
  Total Capital (current year) 602,964,968.82 569,794,985.01 597,099,512.23 598,978,580.26  
  (3) Earning Asset Yield 7.43 7.25 7.33 7.37  
  Annualized Interest Income 305,018,527.50 306,590,467.23 311,268,787.09 325,185,508.98  
  Average Earning Assets 4,103,578,984.44 4,231,715,662.66 4,247,091,379.54 4,415,040,592.52  
  Earning Assets (last year) 3,821,109,592.36 3,824,058,860.02 3,790,077,959.97 3,915,731,452.49  
  Earning Assets (current year) 4,386,048,376.52 4,639,372,465.29 4,704,104,799.11 4,914,349,732.55  
  (4) Funding Cost 3.32 3.21 3.24 3.18  
  Annualized Interest Expense 137,657,509.26 136,776,896.17 137,780,106.05 141,169,407.03  
  Average Interest Bearing Liabilities 4,142,207,653.57 4,264,487,019.89 4,252,559,243.31 4,444,853,505.96  
  Interest Bearing Liabilities (last year) 4,097,956,056.01 4,100,657,985.14 4,042,128,268.21 4,175,833,790.67  
  Interest Bearing Liabilities (current year) 4,186,459,251.13 4,428,316,054.64 4,462,990,218.40 4,713,873,221.25  
  (5) Interest Spread 4.11 4.04 4.09 4.19  
  (3) Earning Asset Yield 7.43 7.25 7.33 7.37  
  (4) Funding Cost 3.32 3.21 3.24 3.18  
  (6) Net Interest Margin 4.08 4.01 4.08 4.16  
  Annualized Net Interest Income 167,358,680.69 169,809,430.83 173,480,534.81 183,824,225.99  
  Average Earning Assets 4,103,578,984.44 4,231,715,662.66 4,247,091,379.54 4,415,040,592.52  
  (7) Cost to Income Ratio 67.69 70.27 72.56 73.97  
  Annualized Non-Interest Expenses 186,310,339.05 191,183,356.41 196,386,355.43 198,682,517.56  
  Annualized Total Operating Income 275,231,650.33 272,063,990.80 270,667,873.30 268,616,714.92  
  (8) Net Interest Income to Total Operating Income 60.81 62.42 64.09 68.43  
  Annualized Net Interest Income  167,358,680.69 169,809,430.83 173,480,534.81 183,824,225.99  
  Annualized Total Operating Income 275,231,650.33 272,063,990.80 270,667,873.30 268,616,714.92  
  (9) Non-interest Income to Total Operating Income 39.19 37.58 35.91 31.57  
  Annualized Non-Interest Income 107,872,969.66 102,254,559.97 97,187,338.50 84,792,488.93  
  Annualized Total Operating Income 275,231,650.33 272,063,990.80 270,667,873.30 268,616,714.92  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 14.59 14.32 14.57 14.74  
  Capital Adequacy Ratio - Conso 15.54 15.31 15.54 15.53  
  Total Capital Accounts to Total Assets 11.89 11.66 11.30 10.75 11.28 11.21 11.15 10.39 10.41 10.60