7 Selected Performance Indicators                          
                             
                             
  Philippine Banking System                          
  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 4.93 4.83 5.28 5.32 5.34 5.09 5.35 5.19 5.07 5.27 5.17 4.75  
  Past Due Loans 144,058,092.34 141,166,027.74 157,437,387.83 159,769,113.98 161,007,509.39 160,005,786.02 160,870,582.84 159,444,465.79 159,581,172.25 162,287,245.89 164,792,852.45 157,028,092.98  
  Total Loan Portfolio (TLP), gross  2,920,296,603.11 2,921,180,366.80 2,983,972,854.22 3,004,369,573.97 3,016,258,173.03 3,141,974,121.30 3,005,424,706.07 3,073,601,761.48 3,149,325,166.30 3,082,039,780.79 3,189,000,033.51 3,303,471,613.66  
  RL to TLP 1.70 1.69 1.69 1.68 1.59 1.63 1.69 1.65 1.58 1.60 1.54 1.51  
  Restructured Loans (RL), gross 49,648,043.00 49,271,860.13 50,546,136.80 50,331,778.97 47,874,717.86 51,170,137.22 50,695,510.82 50,581,328.04 49,915,734.41 49,410,937.17 49,013,016.67 49,794,310.68  
  TLP, gross  2,920,296,603.11 2,921,180,366.80 2,983,972,854.22 3,004,369,573.97 3,016,258,173.03 3,141,974,121.30 3,005,424,706.07 3,073,601,761.48 3,149,325,166.30 3,082,039,780.79 3,189,000,033.51 3,303,471,613.66  
  Loan Loss Reserves (LLR) to TLP 3.59 3.58 3.70 3.68 3.71 3.59 3.79 3.80 3.73 3.80 3.66 3.48  
  Allowance for Credit Losses (ACL) - TLP 103,973,080.36 103,774,735.55 109,380,823.37 109,690,208.27 111,010,588.77 111,782,178.59 112,824,196.25 115,712,637.90 116,498,332.33 116,005,965.38 115,747,928.93 114,121,174.65  
  TLP, gross  2,896,508,550.22 2,897,159,738.71 2,958,396,045.61 2,978,677,999.81 2,990,082,987.19 3,115,690,090.65 2,979,614,506.66 3,047,832,134.60 3,123,775,424.22 3,054,809,301.71 3,160,552,427.55 3,275,566,534.26  
  NPL Ratio 3.75 3.69 3.92 4.00 4.00 3.89 4.03 3.95 3.89 3.94 3.84 3.57  
  Non-Performing Loans (NPL) 108,712,142.78 106,997,895.97 116,086,220.67 119,219,108.09 119,727,031.79 121,185,625.90 120,182,877.54 120,400,058.82 121,497,316.57 120,500,841.65 121,353,732.76 116,899,304.92  
  TLP, gross  2,896,508,550.22 2,897,159,738.71 2,958,396,045.61 2,978,677,999.81 2,990,082,987.19 3,115,690,090.65 2,979,614,506.66 3,047,832,134.60 3,123,775,424.22 3,054,809,301.71 3,160,552,427.55 3,275,566,534.26  
  NPL Ratio, net of IBL 4.25 4.15 4.41 4.48 4.42 4.35 4.46 4.40 4.28 4.26 4.13 3.83  
  NPL 108,712,142.78 106,997,895.97 116,086,220.67 119,219,108.09 119,727,031.79 121,185,625.90 120,182,877.54 120,400,058.82 121,497,316.57 120,500,841.65 121,353,732.76 116,899,304.92  
  TLP, gross net of IBL 2,558,533,425.11 2,580,433,887.63 2,630,774,292.15 2,660,510,960.79 2,709,999,550.26 2,785,784,593.53 2,693,263,206.65 2,738,276,183.81 2,838,548,921.91 2,830,169,249.48 2,941,110,407.84 3,048,303,810.51  
  NPL Coverage Ratio 95.64 96.99 94.22 92.01 92.72 92.24 93.88 96.11 95.89 96.27 95.38 97.62  
  ACL - TLP 103,973,080.36 103,774,735.55 109,380,823.37 109,690,208.27 111,010,588.77 111,782,178.59 112,824,196.25 115,712,637.90 116,498,332.33 116,005,965.38 115,747,928.93 114,121,174.65  
  Gross NPL 108,712,142.78 106,997,895.97 116,086,220.67 119,219,108.09 119,727,031.79 121,185,625.90 120,182,877.54 120,400,058.82 121,497,316.57 120,500,841.65 121,353,732.76 116,899,304.92  
  NPA to Gross Assets  4.41 4.33 4.47 4.50 4.41 4.40 4.47 4.39 4.31 4.27 4.11 3.93  
  Non-Performing Assets (NPA) 267,449,958.56 264,581,320.05 281,214,466.74 283,321,671.61 282,818,804.88 283,455,426.21 281,983,071.57 281,913,846.04 283,208,551.90 281,729,649.53 281,970,679.21 277,481,769.11  
  (1) Gross NPL 108,712,142.78 106,997,895.97 116,086,220.67 119,219,108.09 119,727,031.79 121,185,625.90 120,182,877.54 120,400,058.82 121,497,316.57 120,500,841.65 121,353,732.76 116,899,304.92  
  (2) ROPA, gross 158,737,815.77 157,583,424.08 165,128,246.07 164,102,563.52 163,091,773.08 162,269,800.31 161,800,194.03 161,513,787.21 161,711,235.33 161,228,807.88 160,616,946.45 160,582,464.19  
  Gross Assets 6,066,830,062.71 6,108,505,470.63 6,297,332,045.62 6,296,443,435.56 6,413,137,347.89 6,440,510,478.74 6,307,649,182.31 6,422,726,991.33 6,566,024,614.06 6,595,658,723.57 6,858,411,077.84 7,064,084,726.93  
  (1) Total Assets 5,932,965,847.44 5,974,517,657.91 6,156,725,541.55 6,155,382,043.41 6,270,648,825.74 6,297,339,428.00 6,163,391,564.61 6,274,899,820.50 6,417,680,352.43 6,448,118,723.35 6,710,991,400.61 6,918,321,905.21  
  (2) Allowance on NPA 133,864,215.27 133,987,812.72 140,606,504.07 141,061,392.16 142,488,522.15 143,171,050.74 144,257,617.70 147,827,170.82 148,344,261.63 147,540,000.22 147,419,677.23 145,762,821.72  
  NPA Coverage Ratio 50.05 50.64 50.00 49.79 50.38 50.51 51.16 52.44 52.38 52.37 52.28 52.53  
  Allowance on NPA 133,864,215.27 133,987,812.72 140,606,504.07 141,061,392.16 142,488,522.15 143,171,050.74 144,257,617.70 147,827,170.82 148,344,261.63 147,540,000.22 147,419,677.23 145,762,821.72  
  NPA 267,449,958.56 264,581,320.05 281,214,466.74 283,321,671.61 282,818,804.88 283,455,426.21 281,983,071.57 281,913,846.04 283,208,551.90 281,729,649.53 281,970,679.21 277,481,769.11  
  Distressed Assets Ratio 9.58 9.46 9.80 9.79 9.67 9.37 9.72 9.50 9.36 9.49 9.18 8.79  
  Distressed Assets 294,125,653.23 290,400,938.36 307,768,177.62 309,143,857.93 306,481,887.68 308,553,233.84 306,854,156.95 306,549,046.05 309,184,534.84 306,834,051.72 306,520,764.25 303,462,749.37  
  NPA 267,449,958.56 264,581,320.05 281,214,466.74 283,321,671.61 282,818,804.88 283,455,426.21 281,983,071.57 281,913,846.04 283,208,551.90 281,729,649.53 281,970,679.21 277,481,769.11  
  RL, Performing 26,675,694.67 25,819,618.31 26,553,710.88 25,822,186.32 23,663,082.80 25,097,807.64 24,871,085.38 24,635,200.01 25,975,982.93 25,104,402.19 24,550,085.04 25,980,980.27  
  TLP, gross  2,896,508,550.22 2,897,159,738.71 2,958,396,045.61 2,978,677,999.81 2,990,082,987.19 3,115,690,090.65 2,979,614,506.66 3,047,832,134.60 3,123,775,424.22 3,054,809,301.71 3,160,552,427.55 3,275,566,534.26  
  Total ROPA 173,784,728.08 172,874,925.67 181,128,833.51 180,329,653.84 179,504,636.72 178,458,435.05 178,357,963.36 177,405,935.93 177,794,314.05 176,896,803.76 176,997,992.44 176,962,147.11  
  (1) ROPA, gross 158,737,815.77 157,583,424.08 165,128,246.07 164,102,563.52 163,091,773.08 162,269,800.31 161,800,194.03 161,513,787.21 161,711,235.33 161,228,807.88 160,616,946.45 160,582,464.19  
  (2) Performing SCR 15,046,912.31 15,291,501.59 16,000,587.44 16,227,090.32 16,412,863.64 16,188,634.74 16,557,769.33 15,892,148.72 16,083,078.71 15,667,995.88 16,381,045.99 16,379,682.92  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 19.82 20.46 21.28 20.29 21.36 19.84 19.74 19.10 20.55 21.64 24.66 25.89  
  Cash and Due from Banks   886,520,097.49 915,044,894.85 978,364,352.09 932,900,646.37 1,006,086,599.27 943,588,980.88 915,985,945.71 893,664,237.02 981,601,193.86 1,023,048,528.04 1,206,716,459.30 1,326,914,408.17  
  Deposits 4,472,692,759.48 4,473,366,104.80 4,597,499,072.34 4,598,743,389.15 4,709,566,813.05 4,756,053,407.56 4,639,971,274.74 4,679,788,258.31 4,777,056,887.69 4,728,525,054.07 4,894,063,083.03 5,125,098,798.44  
  (2) Liquid Assets to Deposits Ratio 55.48 56.54 57.30 56.60 57.36 54.96 56.47 56.77 57.17 59.68 60.53 59.72  
  Liquid Assets, sum of: 2,481,448,453.48 2,529,407,205.12 2,634,286,498.99 2,602,678,386.02 2,701,266,286.63 2,613,726,400.41 2,619,970,104.53 2,656,813,185.23 2,731,164,196.11 2,822,078,665.29 2,962,333,845.66 3,060,661,077.90  
  (1) Cash and Due from Banks 886,520,097.49 915,044,894.85 978,364,352.09 932,900,646.37 1,006,086,599.27 943,588,980.88 915,985,945.71 893,664,237.02 981,601,193.86 1,023,048,528.04 1,206,716,459.30 1,326,914,408.17  
  (2) Financial Assets, net (excl. equity investments) 1,594,928,356.00 1,614,362,310.27 1,655,922,146.90 1,669,777,739.65 1,695,179,687.36 1,670,137,419.53 1,703,984,158.81 1,763,148,948.21 1,749,563,002.25 1,799,030,137.24 1,755,617,386.37 1,733,746,669.73  
  Deposits 4,472,692,759.48 4,473,366,104.80 4,597,499,072.34 4,598,743,389.15 4,709,566,813.05 4,756,053,407.56 4,639,971,274.74 4,679,788,258.31 4,777,056,887.69 4,728,525,054.07 4,894,063,083.03 5,125,098,798.44  
  (3) Loans (gross) to Deposits 65.29 65.30 64.90 65.33 64.05 66.06 64.77 65.68 65.93 65.18 65.16 64.46  
  Loans (gross) 2,920,296,603.11 2,921,180,366.80 2,983,972,854.22 3,004,369,573.97 3,016,258,173.03 3,141,974,121.30 3,005,424,706.07 3,073,601,761.48 3,149,325,166.30 3,082,039,780.79 3,189,000,033.51 3,303,471,613.66  
  Deposits 4,472,692,759.48 4,473,366,104.80 4,597,499,072.34 4,598,743,389.15 4,709,566,813.05 4,756,053,407.56 4,639,971,274.74 4,679,788,258.31 4,777,056,887.69 4,728,525,054.07 4,894,063,083.03 5,125,098,798.44  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.25 1.27 1.41 1.41  
  Annualized Net Profit or Loss  72,465,451.05 75,939,448.97 85,595,239.01 90,953,044.80  
  Average Assets 5,818,351,720.19 5,956,606,345.82 6,062,056,480.41 6,468,993,397.46  
  Total Assets (last year) 5,479,977,898.83 5,615,873,263.63 5,706,432,608.38 6,019,664,889.70  
  Total Assets (current year) 6,156,725,541.55 6,297,339,428.00 6,417,680,352.43 6,918,321,905.21  
  (2) Return on Equity (ROE) 11.24 11.18 11.93 12.38  
  Annualized Net Profit or Loss  72,465,451.05 75,939,448.97 85,595,239.01 90,953,044.80  
  Average Capital 644,633,483.67 678,980,583.74 717,550,647.85 734,665,271.20  
  Total Capital (last year) 590,950,618.40 625,287,144.69 641,705,186.86 660,798,543.30  
  Total Capital (current year) 698,316,348.94 732,674,022.79 793,396,108.84 808,531,999.11  
  (3) Earning Asset Yield 6.20 6.15 6.19 5.95  
  Annualized Interest Income 316,554,848.51 323,239,711.33 329,346,472.44 338,581,365.01  
  Average Earning Assets 5,107,375,646.37 5,253,634,381.50 5,323,345,951.58 5,690,888,656.17  
  Earning Assets (last year) 4,815,266,702.47 4,933,755,597.44 4,997,478,425.63 5,262,052,648.05  
  Earning Assets (current year) 5,399,484,590.27 5,573,513,165.56 5,649,213,477.54 6,119,724,664.29  
  (4) Funding Cost 2.36 2.32 2.28 2.14  
  Annualized Interest Expense 114,260,477.82 114,727,731.92 114,454,021.89 114,757,456.87  
  Average Interest Bearing Liabilities 4,848,857,776.90 4,947,796,566.75 5,024,657,434.39 5,354,700,617.47  
  Interest Bearing Liabilities (last year) 4,567,993,524.99 4,675,120,994.01 4,767,149,392.30 5,021,510,734.91  
  Interest Bearing Liabilities (current year) 5,129,722,028.80 5,220,472,139.49 5,282,165,476.48 5,687,890,500.04  
  (5) Interest Spread 3.84 3.83 3.91 3.81  
  (3) Earning Asset Yield 6.20 6.15 6.19 5.95  
  (4) Funding Cost 2.36 2.32 2.28 2.14  
  (6) Net Interest Margin 3.95 3.96 4.03 3.93  
  Annualized Net Interest Income 201,903,677.90 208,109,501.88 214,435,021.62 223,642,639.66  
  Average Earning Assets 5,107,375,646.37 5,253,634,381.50 5,323,345,951.58 5,690,888,656.17  
  (7) Cost to Income Ratio 64.83 64.25 63.83 63.52  
  Annualized Non-Interest Expenses 199,745,662.79 204,248,429.68 217,479,221.94 226,221,314.29  
  Annualized Total Operating Income 308,115,323.56 317,910,659.47 340,725,900.88 356,160,208.46  
  (8) Net Interest Income to Total Operating Income 65.53 65.46 62.93 62.79  
  Annualized Net Interest Income  201,903,677.90 208,109,501.88 214,435,021.62 223,642,639.66  
  Annualized Total Operating Income 308,115,323.56 317,910,659.47 340,725,900.88 356,160,208.46  
  (9) Non-interest Income to Total Operating Income 34.47 34.54 37.07 37.21  
  Annualized Non-Interest Income 106,211,645.65 109,801,157.59 126,290,879.26 132,517,568.81  
  Annualized Total Operating Income 308,115,323.56 317,910,659.47 340,725,900.88 356,160,208.46  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 14.90 15.23 16.04 16.02  
  Total Capital Accounts to Total Assets 11.14 11.14 11.35 11.69 11.51 11.64 12.12 12.33 12.37 12.48 11.97 11.69