34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 4.90 4.74 4.97 5.14 5.06 5.04 5.12 5.17 5.04 5.01 4.77 4.83  
  Past Due Loans 20,054,714.04 19,952,274.91 19,828,488.27 19,923,854.37 20,060,347.61 20,275,259.16 19,299,972.74 19,415,931.84 19,851,605.49 20,861,700.19 20,092,378.59 20,515,246.01  
  Total Loan Portfolio (TLP), gross  409,180,557.72 420,947,609.44 399,156,559.42 387,428,732.79 396,494,247.26 402,359,415.01 376,730,969.49 375,345,531.30 393,583,341.34 416,678,027.99 420,982,851.39 424,735,599.87  
  RL to TLP 2.33 2.21 2.31 2.36 2.29 2.28 2.50 2.45 2.36 2.22 2.29 2.14  
  Restructured Loans (RL), gross 9,530,967.57 9,311,672.91 9,239,100.36 9,128,026.22 9,098,348.76 9,155,829.11 9,413,960.53 9,213,260.33 9,273,771.67 9,248,850.36 9,651,442.18 9,108,433.92  
  TLP, gross  409,180,557.72 420,947,609.44 399,156,559.42 387,428,732.79 396,494,247.26 402,359,415.01 376,730,969.49 375,345,531.30 393,583,341.34 416,678,027.99 420,982,851.39 424,735,599.87  
  Loan Loss Reserves (LLR) to TLP 3.32 3.23 3.60 3.49 3.50 3.44 3.66 3.68 3.80 3.50 3.91 3.63  
  Allowance for Credit Losses (ACL) - TLP 13,557,551.30 13,564,246.32 14,336,765.96 13,427,499.84 13,829,442.74 13,789,456.90 13,727,578.31 13,747,554.08 14,878,167.62 14,517,999.80 16,402,572.02 15,339,806.59  
  TLP, gross  407,927,954.21 419,695,244.23 397,904,377.02 385,274,823.99 394,640,202.70 400,283,661.24 374,579,472.52 373,196,668.42 391,435,783.02 414,605,220.84 419,931,119.08 422,843,329.38  
  NPL Ratio 3.57 3.57 3.66 3.55 3.64 3.45 3.60 3.78 3.55 3.59 3.67 3.28  
  Non-Performing Loans (NPL) 14,548,918.98 14,989,143.57 14,582,889.11 13,670,521.51 14,356,539.85 13,799,474.06 13,491,911.60 14,125,157.08 13,907,640.15 14,875,583.67 15,429,953.42 13,882,757.19  
  TLP, gross  407,927,954.21 419,695,244.23 397,904,377.02 385,274,823.99 394,640,202.70 400,283,661.24 374,579,472.52 373,196,668.42 391,435,783.02 414,605,220.84 419,931,119.08 422,843,329.38  
  NPL Ratio, net of IBL 4.72 4.52 4.52 4.50 4.77 4.21 4.54 4.67 4.32 4.43 4.46 3.98  
  NPL 14,548,918.98 14,989,143.57 14,582,889.11 13,670,521.51 14,356,539.85 13,799,474.06 13,491,911.60 14,125,157.08 13,907,640.15 14,875,583.67 15,429,953.42 13,882,757.19  
  TLP, gross net of IBL 308,109,586.93 331,259,691.44 322,840,888.28 303,704,983.90 300,800,645.30 327,799,606.54 297,178,988.24 302,294,144.62 322,047,052.92 335,761,689.91 346,163,401.99 348,832,835.93  
  NPL Coverage Ratio 93.19 90.49 98.31 98.22 96.33 99.93 101.75 97.33 106.98 97.60 106.30 110.50  
  ACL - TLP 13,557,551.30 13,564,246.32 14,336,765.96 13,427,499.84 13,829,442.74 13,789,456.90 13,727,578.31 13,747,554.08 14,878,167.62 14,517,999.80 16,402,572.02 15,339,806.59  
  Gross NPL 14,548,918.98 14,989,143.57 14,582,889.11 13,670,521.51 14,356,539.85 13,799,474.06 13,491,911.60 14,125,157.08 13,907,640.15 14,875,583.67 15,429,953.42 13,882,757.19  
  NPA to Gross Assets  3.21 3.21 3.34 3.22 3.23 3.20 3.14 3.18 3.11 3.12 3.15 2.95  
  Non-Performing Assets (NPA) 25,302,515.69 25,830,571.52 25,749,673.60 24,720,042.87 25,288,039.07 24,724,070.92 24,408,799.95 24,867,245.62 24,676,782.94 25,625,017.67 26,176,257.52 24,457,317.35  
  (1) Gross NPL 14,548,918.98 14,989,143.57 14,582,889.11 13,670,521.51 14,356,539.85 13,799,474.06 13,491,911.60 14,125,157.08 13,907,640.15 14,875,583.67 15,429,953.42 13,882,757.19  
  (2) ROPA, gross 10,753,596.71 10,841,427.96 11,166,784.49 11,049,521.35 10,931,499.22 10,924,596.85 10,916,888.35 10,742,088.54 10,769,142.79 10,749,434.00 10,746,304.09 10,574,560.16  
  Gross Assets 789,277,412.45 804,444,266.10 771,808,001.58 767,392,101.36 782,942,895.57 773,332,695.02 778,357,091.24 781,670,041.16 792,699,419.70 820,783,466.90 830,811,055.19 828,151,310.65  
  (1) Total Assets 774,192,864.23 789,399,095.29 755,910,762.92 752,381,420.93 767,520,317.32 757,933,589.78 763,014,197.74 766,344,693.75 776,236,311.54 804,589,666.68 812,745,356.60 811,104,774.56  
  (2) Allowance on NPA 15,084,548.22 15,045,170.82 15,897,238.65 15,010,680.43 15,422,578.26 15,399,105.24 15,342,893.49 15,325,347.41 16,463,108.15 16,193,800.23 18,065,698.58 17,046,536.09  
  NPA Coverage Ratio 59.62 58.25 61.74 60.72 60.99 62.28 62.86 61.63 66.71 63.20 69.02 69.70  
  Allowance on NPA 15,084,548.22 15,045,170.82 15,897,238.65 15,010,680.43 15,422,578.26 15,399,105.24 15,342,893.49 15,325,347.41 16,463,108.15 16,193,800.23 18,065,698.58 17,046,536.09  
  NPA 25,302,515.69 25,830,571.52 25,749,673.60 24,720,042.87 25,288,039.07 24,724,070.92 24,408,799.95 24,867,245.62 24,676,782.94 25,625,017.67 26,176,257.52 24,457,317.35  
  Distressed Assets Ratio 7.51 7.30 7.64 7.59 7.59 7.32 7.71 7.82 7.52 7.35 7.37 6.58  
  Distressed Assets 31,566,516.13 31,548,043.96 31,390,859.73 30,201,754.47 30,917,451.41 30,223,007.88 29,849,865.97 30,178,768.07 30,379,245.83 31,419,429.22 31,898,820.64 28,676,605.22  
  NPA 25,302,515.69 25,830,571.52 25,749,673.60 24,720,042.87 25,288,039.07 24,724,070.92 24,408,799.95 24,867,245.62 24,676,782.94 25,625,017.67 26,176,257.52 24,457,317.35  
  RL, Performing 6,264,000.45 5,717,472.43 5,641,186.13 5,481,711.60 5,629,412.34 5,498,936.97 5,441,066.02 5,311,522.45 5,702,462.89 5,794,411.55 5,722,563.13 4,219,287.87  
  TLP, gross  407,927,954.21 419,695,244.23 397,904,377.02 385,274,823.99 394,640,202.70 400,283,661.24 374,579,472.52 373,196,668.42 391,435,783.02 414,605,220.84 419,931,119.08 422,843,329.38  
  Total ROPA 12,421,470.29 12,517,047.16 12,875,488.41 12,746,627.53 12,677,903.50 12,670,098.03 12,819,245.15 12,648,126.14 12,661,491.55 12,650,627.56 12,707,023.13 12,661,647.46  
  (1) ROPA, gross 10,753,596.71 10,841,427.96 11,166,784.49 11,049,521.35 10,931,499.22 10,924,596.85 10,916,888.35 10,742,088.54 10,769,142.79 10,749,434.00 10,746,304.09 10,574,560.16  
  (2) Performing SCR 1,667,873.59 1,675,619.21 1,708,703.91 1,697,106.17 1,746,404.28 1,745,501.18 1,902,356.80 1,906,037.60 1,892,348.76 1,901,193.56 1,960,719.04 2,087,087.30  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 22.18 20.80 20.14 21.42 21.34 20.09 21.12 21.54 20.35 23.34 23.30 23.13  
  Cash and Due from Banks   117,398,931.83 112,168,931.75 105,127,228.46 110,637,010.48 114,632,115.76 105,274,119.46 112,042,327.69 116,182,963.63 112,682,702.83 132,186,425.63 132,778,972.09 130,255,256.83  
  Deposits 529,356,858.52 539,278,384.36 522,004,694.92 516,472,530.76 537,256,406.28 523,980,466.17 530,601,680.36 539,467,178.63 553,700,529.53 566,394,521.34 569,867,129.98 563,203,987.68  
  (2) Liquid Assets to Deposits Ratio 57.31 57.24 56.49 58.79 57.80 55.88 61.24 61.64 58.56 58.53 58.32 57.35  
  Liquid Assets, sum of: 303,375,594.37 308,693,682.20 294,865,275.87 303,611,713.16 310,554,692.25 292,797,652.82 324,920,555.56 332,512,343.17 324,237,986.67 331,522,034.17 332,349,659.52 322,992,583.66  
  (1) Cash and Due from Banks 117,398,931.83 112,168,931.75 105,127,228.46 110,637,010.48 114,632,115.76 105,274,119.46 112,042,327.69 116,182,963.63 112,682,702.83 132,186,425.63 132,778,972.09 130,255,256.83  
  (2) Financial Assets, net (excl. equity investments) 185,976,662.55 196,524,750.45 189,738,047.40 192,974,702.68 195,922,576.49 187,523,533.35 212,878,227.87 216,329,379.54 211,555,283.84 199,335,608.55 199,570,687.43 192,737,326.83  
  Deposits 529,356,858.52 539,278,384.36 522,004,694.92 516,472,530.76 537,256,406.28 523,980,466.17 530,601,680.36 539,467,178.63 553,700,529.53 566,394,521.34 569,867,129.98 563,203,987.68  
  (3) Loans (gross) to Deposits 77.30 78.06 76.47 75.01 73.80 76.79 71.00 69.58 71.08 73.57 73.87 75.41  
  Loans (gross) 409,180,557.72 420,947,609.44 399,156,559.42 387,428,732.79 396,494,247.26 402,359,415.01 376,730,969.49 375,345,531.30 393,583,341.34 416,678,027.99 420,982,851.39 424,735,599.87  
  Deposits 529,356,858.52 539,278,384.36 522,004,694.92 516,472,530.76 537,256,406.28 523,980,466.17 530,601,680.36 539,467,178.63 553,700,529.53 566,394,521.34 569,867,129.98 563,203,987.68  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.65 0.65 0.76 0.75  
  Annualized Net Profit or Loss  4,850,828.03 4,926,002.42 5,900,960.51 5,973,669.12  
  Average Assets 750,490,752.43 754,260,116.68 774,541,429.74 792,746,518.70  
  Total Assets (last year) 745,070,741.94 750,586,643.59 772,846,547.93 774,388,262.85  
  Total Assets (current year) 755,910,762.92 757,933,589.78 776,236,311.54 811,104,774.56  
  (2) Return on Equity (ROE) 4.79 4.74 5.50 5.46  
  Annualized Net Profit or Loss  4,850,828.03 4,926,002.42 5,900,960.51 5,973,669.12  
  Average Capital 101,190,801.67 103,941,955.88 107,298,936.10 109,373,610.87  
  Total Capital (last year) 102,255,944.35 102,219,000.25 112,645,985.67 113,545,903.44  
  Total Capital (current year) 100,125,659.00 105,664,911.52 101,951,886.53 105,201,318.31  
  (3) Earning Asset Yield 7.36 7.27 6.91 6.27  
  Annualized Interest Income 49,803,987.86 49,504,430.35 48,488,617.03 44,705,664.70  
  Average Earning Assets 676,671,119.62 680,974,583.42 702,072,081.74 713,110,908.19  
  Earning Assets (last year) 671,828,040.39 678,015,066.72 700,168,850.36 696,072,326.61  
  Earning Assets (current year) 681,514,198.86 683,934,100.13 703,975,313.13 730,149,489.76  
  (4) Funding Cost 3.74 3.62 3.28 3.02  
  Annualized Interest Expense 21,687,871.87 20,815,783.05 19,528,401.26 18,109,761.64  
  Average Interest Bearing Liabilities 579,946,103.63 575,207,353.75 594,987,315.05 599,844,301.20  
  Interest Bearing Liabilities (last year) 583,288,505.15 578,052,435.36 589,521,625.16 585,401,953.30  
  Interest Bearing Liabilities (current year) 576,603,702.11 572,362,272.14 600,453,004.94 614,286,649.11  
  (5) Interest Spread 3.62 3.65 3.62 3.25  
  (3) Earning Asset Yield 7.36 7.27 6.91 6.27  
  (4) Funding Cost 3.74 3.62 3.28 3.02  
  (6) Net Interest Margin 4.15 4.21 4.12 3.73  
  Annualized Net Interest Income 28,106,061.96 28,663,950.96 28,935,413.51 26,569,278.92  
  Average Earning Assets 676,671,119.62 680,974,583.42 702,072,081.74 713,110,908.19  
  (7) Cost to Income Ratio 69.76 69.95 68.40 66.07  
  Annualized Non-Interest Expenses 28,751,793.59 29,679,871.29 30,581,764.25 28,513,415.01  
  Annualized Total Operating Income 41,216,602.27 42,430,615.67 44,710,200.10 43,156,026.53  
  (8) Net Interest Income to Total Operating Income 68.19 67.55 64.72 61.57  
  Annualized Net Interest Income  28,106,061.96 28,663,950.96 28,935,413.51 26,569,278.92  
  Annualized Total Operating Income 41,216,602.27 42,430,615.67 44,710,200.10 43,156,026.53  
  (9) Non-interest Income to Total Operating Income 31.81 32.45 35.28 38.43  
  Annualized Non-Interest Income 13,110,540.31 13,766,664.71 15,774,786.60 16,586,747.61  
  Annualized Total Operating Income 41,216,602.27 42,430,615.67 44,710,200.10 43,156,026.53  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 18.30 18.28 17.60 17.52  
  Capital Adequacy Ratio - Conso 18.27 18.07 17.55 17.55  
  Total Capital Accounts to Total Assets 14.38 14.34 13.25 14.06 13.47 13.94 14.36 13.68 13.13 12.97 12.68 12.97