43 Selected Performance Indicators                          
                             
                             
  Thrift 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 9.45 9.15 8.95 8.79 9.41 8.78 9.05 9.01 9.04 9.05 9.41 8.35  
  Past Due Loans 29,912,457.20 28,828,886.42 28,907,157.92 28,475,662.00 29,719,084.91 28,771,912.58 29,683,875.21 29,193,200.29 31,157,882.51 31,022,286.86 32,105,536.34 30,236,544.41  
  Total Loan Portfolio (TLP), gross  316,573,320.69 315,186,436.93 323,163,513.54 323,978,424.48 315,730,708.60 327,831,690.24 328,075,706.38 323,977,851.39 344,574,645.97 342,937,477.64 341,044,497.90 361,928,160.85  
  RL to TLP 1.33 1.38 1.34 1.30 1.33 1.34 1.38 1.39 1.30 1.25 1.28 1.14  
  Restructured Loans (RL), gross 4,212,370.63 4,339,354.25 4,325,655.98 4,208,216.62 4,210,983.50 4,405,489.46 4,524,631.68 4,515,339.64 4,480,046.63 4,301,963.23 4,359,740.92 4,143,230.85  
  TLP, gross  316,573,320.69 315,186,436.93 323,163,513.54 323,978,424.48 315,730,708.60 327,831,690.24 328,075,706.38 323,977,851.39 344,574,645.97 342,937,477.64 341,044,497.90 361,928,160.85  
  Loan Loss Reserves (LLR) to TLP 3.78 3.85 3.96 3.83 4.06 3.99 4.03 4.16 4.02 3.89 4.00 3.72  
  Allowance for Credit Losses (ACL) - TLP 11,859,381.42 12,035,775.28 12,696,651.77 12,318,748.32 12,726,498.75 12,974,128.23 13,118,387.01 13,379,242.65 13,745,468.12 13,225,831.35 13,503,940.05 13,336,776.39  
  TLP, gross  313,866,433.05 312,493,580.33 320,896,212.29 321,740,307.56 313,455,325.88 325,563,084.27 325,804,597.46 321,706,770.98 342,303,894.86 339,836,338.31 337,855,404.95 358,697,164.24  
  NPL Ratio 8.12 7.91 7.85 7.65 8.06 7.72 8.00 7.90 8.01 7.79 8.09 7.12  
  Non-Performing Loans (NPL) 25,500,436.60 24,718,672.16 25,183,243.86 24,599,906.70 25,264,204.55 25,135,951.05 26,075,891.80 25,428,879.98 27,423,227.83 26,456,476.00 27,327,960.87 25,536,885.86  
  TLP, gross  313,866,433.05 312,493,580.33 320,896,212.29 321,740,307.56 313,455,325.88 325,563,084.27 325,804,597.46 321,706,770.98 342,303,894.86 339,836,338.31 337,855,404.95 358,697,164.24  
  NPL Ratio, net of IBL 8.31 8.10 8.00 8.00 8.28 7.97 8.23 8.07 8.37 7.96 8.21 7.31  
  NPL 25,500,436.60 24,718,672.16 25,183,243.86 24,599,906.70 25,264,204.55 25,135,951.05 26,075,891.80 25,428,879.98 27,423,227.83 26,456,476.00 27,327,960.87 25,536,885.86  
  TLP, gross net of IBL 306,793,965.45 305,002,090.21 314,858,584.50 307,640,190.00 305,285,457.30 315,280,436.61 316,854,039.00 315,163,627.49 327,735,084.37 332,209,968.18 332,962,502.23 349,272,139.94  
  NPL Coverage Ratio 46.51 48.69 50.42 50.08 50.37 51.62 50.31 52.61 50.12 49.99 49.41 52.23  
  ACL - TLP 11,859,381.42 12,035,775.28 12,696,651.77 12,318,748.32 12,726,498.75 12,974,128.23 13,118,387.01 13,379,242.65 13,745,468.12 13,225,831.35 13,503,940.05 13,336,776.39  
  Gross NPL 25,500,436.60 24,718,672.16 25,183,243.86 24,599,906.70 25,264,204.55 25,135,951.05 26,075,891.80 25,428,879.98 27,423,227.83 26,456,476.00 27,327,960.87 25,536,885.86  
  NPA to Gross Assets  9.14 9.01 9.11 8.96 8.98 8.96 8.92 8.62 8.80 8.63 8.83 8.48  
  Non-Performing Assets (NPA) 50,175,159.17 49,326,130.99 49,958,960.94 49,046,967.33 49,775,317.46 49,671,054.25 50,723,792.25 50,158,991.08 52,319,518.30 51,539,679.74 52,453,913.72 52,852,349.98  
  (1) Gross NPL 25,500,436.60 24,718,672.16 25,183,243.86 24,599,906.70 25,264,204.55 25,135,951.05 26,075,891.80 25,428,879.98 27,423,227.83 26,456,476.00 27,327,960.87 25,536,885.86  
  (2) ROPA, gross 24,674,722.57 24,607,458.83 24,775,717.08 24,447,060.63 24,511,112.92 24,535,103.20 24,647,900.45 24,730,111.10 24,896,290.47 25,083,203.74 25,125,952.85 27,315,464.12  
  Gross Assets 548,847,765.84 547,700,274.59 548,244,271.46 547,248,967.85 554,000,872.36 554,092,969.00 568,874,463.42 581,593,072.42 594,356,449.14 597,014,591.02 593,819,046.79 623,001,688.72  
  (1) Total Assets 534,736,686.79 533,384,062.03 533,236,436.44 532,612,429.82 538,905,185.08 538,755,666.73 553,339,400.96 565,771,025.12 578,095,822.94 581,259,803.06 577,807,013.08 606,451,305.43  
  (2) Allowance on NPA 14,111,079.05 14,316,212.56 15,007,835.01 14,636,538.03 15,095,687.28 15,337,302.27 15,535,062.46 15,822,047.30 16,260,626.20 15,754,787.96 16,012,033.71 16,550,383.29  
  NPA Coverage Ratio 28.12 29.02 30.04 29.84 30.33 30.88 30.63 31.54 31.08 30.57 30.53 31.31  
  Allowance on NPA 14,111,079.05 14,316,212.56 15,007,835.01 14,636,538.03 15,095,687.28 15,337,302.27 15,535,062.46 15,822,047.30 16,260,626.20 15,754,787.96 16,012,033.71 16,550,383.29  
  NPA 50,175,159.17 49,326,130.99 49,958,960.94 49,046,967.33 49,775,317.46 49,671,054.25 50,723,792.25 50,158,991.08 52,319,518.30 51,539,679.74 52,453,913.72 52,852,349.98  
  Distressed Assets Ratio 15.21 15.06 14.88 14.59 15.11 14.59 14.85 14.85 14.60 14.48 14.77 13.95  
  Distressed Assets 52,150,149.39 51,422,324.93 52,089,508.36 51,168,708.72 51,740,900.83 51,731,490.00 52,714,930.76 52,098,621.45 54,260,548.07 53,469,947.87 54,246,736.30 54,476,025.58  
  NPA 50,175,159.17 49,326,130.99 49,958,960.94 49,046,967.33 49,775,317.46 49,671,054.25 50,723,792.25 50,158,991.08 52,319,518.30 51,539,679.74 52,453,913.72 52,852,349.98  
  RL, Performing 1,974,990.23 2,096,193.94 2,130,547.42 2,121,741.39 1,965,583.36 2,060,435.75 1,991,138.51 1,939,630.37 1,941,029.77 1,930,268.13 1,792,822.58 1,623,675.60  
  TLP, gross  313,866,433.05 312,493,580.33 320,896,212.29 321,740,307.56 313,455,325.88 325,563,084.27 325,804,597.46 321,706,770.98 342,303,894.86 339,836,338.31 337,855,404.95 358,697,164.24  
  Total ROPA 28,976,299.91 28,926,152.31 29,065,351.36 29,003,107.94 29,016,390.56 29,069,318.48 29,096,646.96 29,136,835.87 29,406,697.25 29,434,060.59 29,544,686.19 31,791,843.70  
  (1) ROPA, gross 24,674,722.57 24,607,458.83 24,775,717.08 24,447,060.63 24,511,112.92 24,535,103.20 24,647,900.45 24,730,111.10 24,896,290.47 25,083,203.74 25,125,952.85 27,315,464.12  
  (2) Performing SCR 4,301,577.34 4,318,693.48 4,289,634.28 4,556,047.30 4,505,277.65 4,534,215.28 4,448,746.52 4,406,724.77 4,510,406.78 4,350,856.84 4,418,733.34 4,476,379.58  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 14.37 15.37 14.75 14.59 15.33 13.31 12.77 13.14 14.43 14.36 13.76 15.89  
  Cash and Due from Banks   60,900,251.32 64,868,875.90 62,445,541.40 61,808,481.91 65,928,667.70 57,333,071.50 56,842,924.14 58,958,458.66 66,517,948.90 67,282,702.76 63,974,138.70 77,962,698.18  
  Deposits 423,860,592.46 421,916,945.13 423,257,538.97 423,529,128.30 430,077,671.65 430,691,367.88 445,283,148.90 448,760,861.52 461,094,014.06 468,441,241.00 464,879,230.23 490,629,014.36  
  (2) Liquid Assets to Deposits Ratio 36.75 37.20 34.99 34.41 37.51 34.81 36.86 40.11 37.38 37.85 37.44 37.12  
  Liquid Assets, sum of: 155,769,982.65 156,932,864.86 148,088,868.27 145,723,771.56 161,309,896.09 149,915,399.81 164,132,060.14 180,000,715.81 172,361,504.02 177,302,615.97 174,045,835.55 182,101,888.23  
  (1) Cash and Due from Banks 60,900,251.32 64,868,875.90 62,445,541.40 61,808,481.91 65,928,667.70 57,333,071.50 56,842,924.14 58,958,458.66 66,517,948.90 67,282,702.76 63,974,138.70 77,962,698.18  
  (2) Financial Assets, net (excl. equity investments) 94,869,731.33 92,063,988.96 85,643,326.87 83,915,289.65 95,381,228.39 92,582,328.31 107,289,136.00 121,042,257.15 105,843,555.12 110,019,913.21 110,071,696.85 104,139,190.05  
  Deposits 423,860,592.46 421,916,945.13 423,257,538.97 423,529,128.30 430,077,671.65 430,691,367.88 445,283,148.90 448,760,861.52 461,094,014.06 468,441,241.00 464,879,230.23 490,629,014.36  
  (3) Loans (gross) to Deposits 74.69 74.70 76.35 76.49 73.41 76.12 73.68 72.19 74.73 73.21 73.36 73.77  
  Loans (gross) 316,573,320.69 315,186,436.93 323,163,513.54 323,978,424.48 315,730,708.60 327,831,690.24 328,075,706.38 323,977,851.39 344,574,645.97 342,937,477.64 341,044,497.90 361,928,160.85  
  Deposits 423,860,592.46 421,916,945.13 423,257,538.97 423,529,128.30 430,077,671.65 430,691,367.88 445,283,148.90 448,760,861.52 461,094,014.06 468,441,241.00 464,879,230.23 490,629,014.36  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.63 0.60 0.85 0.79  
  Annualized Net Profit or Loss  3,211,222.21 3,193,209.37 4,650,245.26 4,511,006.51  
  Average Assets 511,493,561.52 532,910,707.19 545,190,194.57 571,287,382.77  
  Total Assets (last year) 489,750,686.59 527,065,747.65 512,284,566.21 536,123,460.12  
  Total Assets (current year) 533,236,436.44 538,755,666.73 578,095,822.94 606,451,305.43  
  (2) Return on Equity (ROE) 5.49 5.17 7.22 7.02  
  Annualized Net Profit or Loss  3,211,222.21 3,193,209.37 4,650,245.26 4,511,006.51  
  Average Capital 58,452,248.58 61,800,871.47 64,424,722.51 64,229,197.90  
  Total Capital (last year) 53,682,299.56 60,825,302.16 61,686,028.26 61,679,707.05  
  Total Capital (current year) 63,222,197.60 62,776,440.77 67,163,416.76 66,778,688.75  
  (3) Earning Asset Yield 8.81 8.47 8.58 8.42  
  Annualized Interest Income 39,240,469.07 39,308,726.81 40,794,436.98 41,881,265.17  
  Average Earning Assets 445,312,264.11 463,859,401.10 475,196,797.91 497,545,135.03  
  Earning Assets (last year) 427,567,890.57 458,373,956.12 443,985,289.27 462,341,118.38  
  Earning Assets (current year) 463,056,637.66 469,344,846.09 506,408,306.54 532,749,151.68  
  (4) Funding Cost 3.67 3.46 3.50 3.38  
  Annualized Interest Expense 15,789,123.63 15,511,743.17 15,994,257.93 16,311,571.68  
  Average Interest Bearing Liabilities 430,511,250.69 448,496,529.16 457,263,393.81 482,308,900.94  
  Interest Bearing Liabilities (last year) 414,995,765.61 444,534,605.66 427,783,835.16 450,734,511.28  
  Interest Bearing Liabilities (current year) 446,026,735.78 452,458,452.66 486,742,952.46 513,883,290.61  
  (5) Interest Spread 5.14 5.02 5.09 5.04  
  (3) Earning Asset Yield 8.81 8.47 8.58 8.42  
  (4) Funding Cost 3.67 3.46 3.50 3.38  
  (6) Net Interest Margin 5.23 5.09 5.19 5.12  
  Annualized Net Interest Income 23,285,459.83 23,633,534.83 24,670,480.43 25,495,578.40  
  Average Earning Assets 445,312,264.11 463,859,401.10 475,196,797.91 497,545,135.03  
  (7) Cost to Income Ratio 76.23 75.42 72.92 72.95  
  Annualized Non-Interest Expenses 23,735,249.46 23,500,120.35 25,628,610.34 27,129,156.88  
  Annualized Total Operating Income 31,135,771.62 31,159,633.93 35,147,048.86 37,187,975.63  
  (8) Net Interest Income to Total Operating Income 74.79 75.85 70.19 68.56  
  Annualized Net Interest Income  23,285,459.83 23,633,534.83 24,670,480.43 25,495,578.40  
  Annualized Total Operating Income 31,135,771.62 31,159,633.93 35,147,048.86 37,187,975.63  
  (9) Non-interest Income to Total Operating Income 25.21 24.15 29.81 31.44  
  Annualized Non-Interest Income 7,850,311.79 7,526,099.10 10,476,568.43 11,692,397.23  
  Annualized Total Operating Income 31,135,771.62 31,159,633.93 35,147,048.86 37,187,975.63  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 12.25 12.04 12.18 12.62  
  Total Capital Accounts to Total Assets 11.52 11.72 11.87 11.78 11.65 11.67 11.61 11.79 11.64 11.58 11.63 11.03