34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 5.33 5.04 5.24 5.56 5.64 5.55 5.75 5.57 4.97 5.45 4.51 4.12  
  Past Due Loans 21,846,497.35 19,934,159.45 19,804,470.98 20,591,841.59 20,729,699.31 21,171,934.72 21,086,610.78 20,487,270.11 18,454,152.11 20,244,410.50 18,793,328.86 18,092,220.95  
  Total Loan Portfolio (TLP), gross  409,496,183.95 395,801,938.18 377,888,775.57 370,237,661.82 367,806,170.87 381,220,108.78 366,566,595.53 367,955,971.87 371,297,858.64 371,214,987.56 416,697,520.76 438,845,100.50  
  RL to TLP 2.25 2.37 2.43 2.48 2.04 2.38 2.45 2.39 2.40 2.42 2.14 2.02  
  Restructured Loans (RL), gross 9,215,161.71 9,366,118.08 9,194,559.04 9,196,942.55 7,502,653.66 9,081,330.05 8,981,913.87 8,802,784.02 8,899,408.10 8,996,469.48 8,897,416.82 8,859,798.65  
  TLP, gross  409,496,183.95 395,801,938.18 377,888,775.57 370,237,661.82 367,806,170.87 381,220,108.78 366,566,595.53 367,955,971.87 371,297,858.64 371,214,987.56 416,697,520.76 438,845,100.50  
  Loan Loss Reserves (LLR) to TLP 3.78 3.77 3.98 4.03 4.13 3.98 4.20 4.21 4.17 4.18 3.67 3.36  
  Allowance for Credit Losses (ACL) - TLP 15,392,437.51 14,846,053.28 14,928,736.65 14,792,265.33 15,063,530.28 15,064,785.96 15,283,965.34 15,392,060.35 15,381,565.79 15,429,215.83 15,198,871.07 14,666,815.33  
  TLP, gross  407,603,981.63 393,597,986.91 375,371,985.97 367,290,723.32 364,859,827.55 378,282,472.35 363,867,011.93 365,256,424.48 368,799,521.45 369,047,350.74 414,529,906.49 436,334,918.87  
  NPL Ratio 3.61 3.59 3.78 3.92 4.07 4.02 4.20 4.09 3.66 3.87 3.33 2.95  
  Non-Performing Loans (NPL) 14,708,519.69 14,129,452.01 14,206,433.02 14,412,024.25 14,853,781.39 15,206,543.33 15,268,242.15 14,942,631.97 13,504,884.85 14,281,386.86 13,790,232.66 12,886,514.64  
  TLP, gross  407,603,981.63 393,597,986.91 375,371,985.97 367,290,723.32 364,859,827.55 378,282,472.35 363,867,011.93 365,256,424.48 368,799,521.45 369,047,350.74 414,529,906.49 436,334,918.87  
  NPL Ratio, net of IBL 4.41 4.29 4.47 4.63 4.79 4.70 4.88 4.60 3.92 4.24 3.54 3.22  
  NPL 14,708,519.69 14,129,452.01 14,206,433.02 14,412,024.25 14,853,781.39 15,206,543.33 15,268,242.15 14,942,631.97 13,504,884.85 14,281,386.86 13,790,232.66 12,886,514.64  
  TLP, gross net of IBL 333,840,160.10 329,669,104.46 317,500,024.08 310,974,872.52 309,846,926.36 323,337,686.58 312,600,803.83 324,713,291.05 344,354,428.30 337,164,143.10 389,142,299.14 400,737,098.41  
  NPL Coverage Ratio 104.65 105.07 105.08 102.64 101.41 99.07 100.10 103.01 113.90 108.04 110.21 113.82  
  ACL - TLP 15,392,437.51 14,846,053.28 14,928,736.65 14,792,265.33 15,063,530.28 15,064,785.96 15,283,965.34 15,392,060.35 15,381,565.79 15,429,215.83 15,198,871.07 14,666,815.33  
  Gross NPL 14,708,519.69 14,129,452.01 14,206,433.02 14,412,024.25 14,853,781.39 15,206,543.33 15,268,242.15 14,942,631.97 13,504,884.85 14,281,386.86 13,790,232.66 12,886,514.64  
  NPA to Gross Assets  3.02 2.89 2.96 2.96 2.97 3.11 3.12 3.15 2.99 3.01 2.75 2.74  
  Non-Performing Assets (NPA) 25,286,979.90 24,661,036.32 24,497,452.13 24,593,522.50 24,975,256.32 25,281,643.34 25,300,767.61 25,599,733.94 24,280,213.05 24,969,357.80 24,481,908.20 23,676,634.65  
  (1) Gross NPL 14,708,519.69 14,129,452.01 14,206,433.02 14,412,024.25 14,853,781.39 15,206,543.33 15,268,242.15 14,942,631.97 13,504,884.85 14,281,386.86 13,790,232.66 12,886,514.64  
  (2) ROPA, gross 10,578,460.21 10,531,584.32 10,291,019.11 10,181,498.25 10,121,474.92 10,075,100.02 10,032,525.46 10,657,101.97 10,775,328.21 10,687,970.94 10,691,675.53 10,790,120.02  
  Gross Assets 838,671,007.53 854,283,040.31 827,252,854.78 832,163,059.11 841,364,263.69 812,537,732.27 809,763,377.65 812,217,214.50 811,022,826.79 829,869,440.25 890,840,894.32 862,971,923.29  
  (1) Total Assets 821,575,345.17 837,716,222.32 810,602,101.71 815,675,118.74 824,667,251.85 795,801,834.68 792,800,382.61 795,136,581.40 793,956,343.67 812,744,571.59 873,947,994.90 846,568,017.65  
  (2) Allowance on NPA 17,095,662.36 16,566,817.99 16,650,753.07 16,487,940.37 16,697,011.84 16,735,897.59 16,962,995.05 17,080,633.10 17,066,483.12 17,124,868.66 16,892,899.41 16,403,905.64  
  NPA Coverage Ratio 67.61 67.18 67.97 67.04 66.85 66.20 67.05 66.72 70.29 68.58 69.00 69.28  
  Allowance on NPA 17,095,662.36 16,566,817.99 16,650,753.07 16,487,940.37 16,697,011.84 16,735,897.59 16,962,995.05 17,080,633.10 17,066,483.12 17,124,868.66 16,892,899.41 16,403,905.64  
  NPA 25,286,979.90 24,661,036.32 24,497,452.13 24,593,522.50 24,975,256.32 25,281,643.34 25,300,767.61 25,599,733.94 24,280,213.05 24,969,357.80 24,481,908.20 23,676,634.65  
  Distressed Assets Ratio 7.55 7.56 7.86 7.97 7.65 7.88 8.23 8.23 7.82 7.89 6.99 6.44  
  Distressed Assets 31,747,883.37 30,708,183.67 30,481,787.25 30,258,861.51 28,827,376.60 30,753,611.03 30,927,888.70 31,062,222.61 29,776,168.39 30,087,865.78 29,838,427.59 28,892,219.88  
  NPA 25,286,979.90 24,661,036.32 24,497,452.13 24,593,522.50 24,975,256.32 25,281,643.34 25,300,767.61 25,599,733.94 24,280,213.05 24,969,357.80 24,481,908.20 23,676,634.65  
  RL, Performing 6,460,903.47 6,047,147.35 5,984,335.12 5,665,339.01 3,852,120.28 5,471,967.69 5,627,121.09 5,462,488.67 5,495,955.34 5,118,507.98 5,356,519.39 5,215,585.22  
  TLP, gross  407,603,981.63 393,597,986.91 375,371,985.97 367,290,723.32 364,859,827.55 378,282,472.35 363,867,011.93 365,256,424.48 368,799,521.45 369,047,350.74 414,529,906.49 436,334,918.87  
  Total ROPA 12,691,865.55 12,592,015.36 12,347,298.03 12,220,387.79 12,129,284.89 12,065,867.74 12,106,901.55 12,105,394.44 12,210,483.57 12,183,472.84 12,173,538.62 12,312,631.30  
  (1) ROPA, gross 10,578,460.21 10,531,584.32 10,291,019.11 10,181,498.25 10,121,474.92 10,075,100.02 10,032,525.46 10,657,101.97 10,775,328.21 10,687,970.94 10,691,675.53 10,790,120.02  
  (2) Performing SCR 2,113,405.34 2,060,431.04 2,056,278.92 2,038,889.54 2,007,809.97 1,990,767.72 2,074,376.09 1,448,292.47 1,435,155.37 1,495,501.90 1,481,863.09 1,522,511.28  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 22.99 25.36 24.55 24.71 25.46 24.51 25.08 23.06 21.68 25.49 29.44 25.24  
  Cash and Due from Banks   130,846,110.72 141,940,021.64 135,241,731.50 137,061,385.42 146,676,485.41 137,238,572.42 137,141,539.95 127,823,572.92 120,788,390.32 140,997,821.31 170,152,074.27 143,231,729.29  
  Deposits 569,186,053.44 559,705,672.69 550,912,179.51 554,656,545.74 576,107,654.20 559,880,770.81 546,820,493.29 554,197,906.68 557,227,028.00 553,196,740.64 577,983,082.23 567,517,726.75  
  (2) Liquid Assets to Deposits Ratio 59.92 67.18 67.14 69.07 67.26 63.13 66.68 66.67 65.16 69.33 68.28 60.95  
  Liquid Assets, sum of: 341,082,536.67 376,015,007.09 369,908,128.57 383,111,269.19 387,506,202.21 353,469,717.55 364,645,519.94 369,509,634.58 363,073,463.09 383,542,327.21 394,641,960.84 345,883,772.56  
  (1) Cash and Due from Banks 130,846,110.72 141,940,021.64 135,241,731.50 137,061,385.42 146,676,485.41 137,238,572.42 137,141,539.95 127,823,572.92 120,788,390.32 140,997,821.31 170,152,074.27 143,231,729.29  
  (2) Financial Assets, net (excl. equity investments) 210,236,425.96 234,074,985.45 234,666,397.08 246,049,883.77 240,829,716.81 216,231,145.13 227,503,979.99 241,686,061.66 242,285,072.77 242,544,505.90 224,489,886.57 202,652,043.27  
  Deposits 569,186,053.44 559,705,672.69 550,912,179.51 554,656,545.74 576,107,654.20 559,880,770.81 546,820,493.29 554,197,906.68 557,227,028.00 553,196,740.64 577,983,082.23 567,517,726.75  
  (3) Loans (gross) to Deposits 71.94 70.72 68.59 66.75 63.84 68.09 67.04 66.39 66.63 67.10 72.10 77.33  
  Loans (gross) 409,496,183.95 395,801,938.18 377,888,775.57 370,237,661.82 367,806,170.87 381,220,108.78 366,566,595.53 367,955,971.87 371,297,858.64 371,214,987.56 416,697,520.76 438,845,100.50  
  Deposits 569,186,053.44 559,705,672.69 550,912,179.51 554,656,545.74 576,107,654.20 559,880,770.81 546,820,493.29 554,197,906.68 557,227,028.00 553,196,740.64 577,983,082.23 567,517,726.75  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.86 0.89 1.08 1.05  
  Annualized Net Profit or Loss  6,701,651.75 6,893,691.75 8,483,148.26 8,704,072.18  
  Average Assets 783,256,432.32 776,867,712.23 785,096,327.61 828,836,396.10  
  Total Assets (last year) 755,910,762.92 757,933,589.78 776,236,311.54 811,104,774.56  
  Total Assets (current year) 810,602,101.71 795,801,834.68 793,956,343.67 846,568,017.65  
  (2) Return on Equity (ROE) 6.60 6.38 7.71 7.72  
  Annualized Net Profit or Loss  6,701,651.75 6,893,691.75 8,483,148.26 8,704,072.18  
  Average Capital 101,539,704.13 108,014,093.87 110,089,265.97 112,718,545.43  
  Total Capital (last year) 100,125,659.00 105,664,911.52 101,951,886.53 105,201,318.31  
  Total Capital (current year) 102,953,749.26 110,363,276.22 118,226,645.41 120,235,772.55  
  (3) Earning Asset Yield 6.34 6.14 5.91 5.59  
  Annualized Interest Income 44,023,126.92 43,183,344.25 41,821,295.41 41,924,432.48  
  Average Earning Assets 694,858,510.78 703,307,609.82 707,927,705.69 749,326,966.11  
  Earning Assets (last year) 681,514,198.86 683,934,100.13 703,975,313.13 730,149,489.76  
  Earning Assets (current year) 708,202,822.71 722,681,119.52 711,880,098.25 768,504,442.47  
  (4) Funding Cost 2.78 2.72 2.47 2.25  
  Annualized Interest Expense 16,666,029.25 15,934,482.56 14,946,740.79 13,801,429.90  
  Average Interest Bearing Liabilities 599,139,836.30 586,540,760.88 605,026,559.13 613,956,403.01  
  Interest Bearing Liabilities (last year) 576,603,702.11 572,362,272.14 600,453,004.94 614,286,649.11  
  Interest Bearing Liabilities (current year) 621,675,970.48 600,719,249.63 609,600,113.33 613,626,156.91  
  (5) Interest Spread 3.55 3.42 3.44 3.35  
  (3) Earning Asset Yield 6.34 6.14 5.91 5.59  
  (4) Funding Cost 2.78 2.72 2.47 2.25  
  (6) Net Interest Margin 3.93 3.87 3.79 3.74  
  Annualized Net Interest Income 27,328,427.61 27,231,723.38 26,809,617.16 28,054,176.86  
  Average Earning Assets 694,858,510.78 703,307,609.82 707,927,705.69 749,326,966.11  
  (7) Cost to Income Ratio 66.11 66.35 67.20 63.43  
  Annualized Non-Interest Expenses 29,131,386.51 29,051,238.10 30,729,788.49 31,660,091.17  
  Annualized Total Operating Income 44,062,220.69 43,784,846.09 45,729,535.42 49,912,394.53  
  (8) Net Interest Income to Total Operating Income 62.02 62.19 58.63 56.21  
  Annualized Net Interest Income  27,328,427.61 27,231,723.38 26,809,617.16 28,054,176.86  
  Annualized Total Operating Income 44,062,220.69 43,784,846.09 45,729,535.42 49,912,394.53  
  (9) Non-interest Income to Total Operating Income 37.98 37.81 41.37 43.79  
  Annualized Non-Interest Income 16,733,793.08 16,553,122.71 18,919,918.26 21,858,217.66  
  Annualized Total Operating Income 44,062,220.69 43,784,846.09 45,729,535.42 49,912,394.53  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 17.68 17.97 0.00 0.00  
  Capital Adequacy Ratio - Conso 17.54 17.86 0.00 0.00  
  Total Capital Accounts to Total Assets 13.16 13.05 12.70 13.47 12.50 13.87 13.74 13.81 14.89 14.10 13.53 14.20