34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 4.64 4.34 4.52 4.46 4.88 4.98 4.20 4.18 4.17 4.94 4.06 4.22  
  Past Due Loans 18,479,299.04 17,982,945.59 18,058,045.15 19,184,670.03 20,280,854.02 19,561,622.31 17,923,275.44 18,150,926.42 17,716,511.09 19,963,531.90 17,837,098.30 18,113,691.22  
  Total Loan Portfolio (TLP), gross  398,368,623.25 414,794,984.87 399,273,381.05 430,296,938.05 415,541,000.19 392,842,288.24 427,105,745.37 434,158,243.11 425,206,270.38 404,510,032.65 439,313,684.86 429,567,234.84  
  RL to TLP 2.21 1.99 1.85 1.70 1.73 1.87 1.55 1.51 1.52 1.62 1.48 1.45  
  Restructured Loans (RL), gross 8,807,336.51 8,262,724.43 7,385,721.14 7,311,266.73 7,185,143.89 7,361,295.25 6,633,416.19 6,575,445.25 6,456,127.68 6,535,352.59 6,498,253.50 6,208,651.39  
  TLP, gross  398,368,623.25 414,794,984.87 399,273,381.05 430,296,938.05 415,541,000.19 392,842,288.24 427,105,745.37 434,158,243.11 425,206,270.38 404,510,032.65 439,313,684.86 429,567,234.84  
  Loan Loss Reserves (LLR) to TLP 3.60 3.67 3.81 3.81 3.86 3.79 3.10 3.07 3.17 3.28 3.03 3.44  
  Allowance for Credit Losses (ACL) - TLP 14,215,275.86 15,137,354.99 15,140,234.94 16,305,079.93 15,953,302.39 14,792,881.32 13,152,226.63 13,284,849.60 13,429,284.10 13,220,883.30 13,287,260.18 14,723,467.47  
  TLP, gross  395,354,225.95 412,634,201.58 397,114,962.35 428,440,217.15 413,142,999.18 390,444,286.93 424,858,067.24 432,044,336.47 423,508,942.14 402,944,790.41 437,925,279.72 428,622,850.11  
  NPL Ratio 3.22 3.19 3.37 3.24 3.34 3.52 2.98 3.02 3.06 3.86 3.09 3.20  
  Non-Performing Loans (NPL) 12,718,984.53 13,143,467.57 13,373,262.42 13,883,099.34 13,791,090.76 13,731,400.46 12,662,491.82 13,038,104.98 12,955,953.40 15,565,210.38 13,523,229.94 13,696,399.17  
  TLP, gross  395,354,225.95 412,634,201.58 397,114,962.35 428,440,217.15 413,142,999.18 390,444,286.93 424,858,067.24 432,044,336.47 423,508,942.14 402,944,790.41 437,925,279.72 428,622,850.11  
  NPL Ratio, net of IBL 3.53 3.58 3.71 3.54 3.72 3.88 3.35 3.34 3.40 4.28 3.37 3.49  
  NPL 12,718,984.53 13,143,467.57 13,373,262.42 13,883,099.34 13,791,090.76 13,731,400.46 12,662,491.82 13,038,104.98 12,955,953.40 15,565,210.38 13,523,229.94 13,696,399.17  
  TLP, gross net of IBL 360,121,937.64 367,639,311.48 359,986,154.34 392,004,922.70 370,744,204.22 354,288,280.05 378,474,455.87 390,896,745.19 381,185,701.18 363,886,887.53 400,955,208.37 392,601,915.00  
  NPL Coverage Ratio 111.76 115.17 113.21 117.45 115.68 107.73 103.87 101.89 103.65 84.94 98.26 107.50  
  ACL - TLP 14,215,275.86 15,137,354.99 15,140,234.94 16,305,079.93 15,953,302.39 14,792,881.32 13,152,226.63 13,284,849.60 13,429,284.10 13,220,883.30 13,287,260.18 14,723,467.47  
  Gross NPL 12,718,984.53 13,143,467.57 13,373,262.42 13,883,099.34 13,791,090.76 13,731,400.46 12,662,491.82 13,038,104.98 12,955,953.40 15,565,210.38 13,523,229.94 13,696,399.17  
  NPA to Gross Assets  2.80 2.80 2.95 2.83 2.92 2.95 2.63 2.63 2.67 2.93 2.62 2.64  
  Non-Performing Assets (NPA) 23,632,930.91 24,001,308.74 24,242,797.37 24,554,240.60 24,447,811.27 24,194,032.35 22,898,832.27 23,193,184.44 23,120,344.85 25,689,452.50 23,661,356.33 23,623,050.53  
  (1) Gross NPL 12,718,984.53 13,143,467.57 13,373,262.42 13,883,099.34 13,791,090.76 13,731,400.46 12,662,491.82 13,038,104.98 12,955,953.40 15,565,210.38 13,523,229.94 13,696,399.17  
  (2) ROPA, gross 10,913,946.38 10,857,841.16 10,869,534.95 10,671,141.26 10,656,720.52 10,462,631.89 10,236,340.44 10,155,079.46 10,164,391.45 10,124,242.12 10,138,126.40 9,926,651.36  
  Gross Assets 845,156,464.56 857,778,215.68 821,806,930.94 867,906,307.03 837,027,037.99 820,122,442.42 869,882,465.27 883,307,256.30 866,215,450.96 876,236,187.93 903,263,164.98 894,567,710.61  
  (1) Total Assets 829,112,829.92 840,808,520.26 804,816,948.60 849,728,448.47 819,178,522.15 803,482,169.36 854,881,435.47 868,184,754.78 850,912,206.20 861,170,318.67 888,153,270.38 878,024,159.43  
  (2) Allowance on NPA 16,043,634.64 16,969,695.42 16,989,982.34 18,177,858.56 17,848,515.84 16,640,273.06 15,001,029.80 15,122,501.52 15,303,244.76 15,065,869.26 15,109,894.60 16,543,551.18  
  NPA Coverage Ratio 67.89 70.70 70.08 74.03 73.01 68.78 65.51 65.20 66.19 58.65 63.86 70.03  
  Allowance on NPA 16,043,634.64 16,969,695.42 16,989,982.34 18,177,858.56 17,848,515.84 16,640,273.06 15,001,029.80 15,122,501.52 15,303,244.76 15,065,869.26 15,109,894.60 16,543,551.18  
  NPA 23,632,930.91 24,001,308.74 24,242,797.37 24,554,240.60 24,447,811.27 24,194,032.35 22,898,832.27 23,193,184.44 23,120,344.85 25,689,452.50 23,661,356.33 23,623,050.53  
  Distressed Assets Ratio 7.09 6.55 6.69 6.29 6.79 6.84 6.18 6.08 6.03 7.18 6.15 6.29  
  Distressed Assets 28,931,197.82 27,824,021.26 27,383,313.80 27,712,605.09 28,878,804.76 27,541,489.01 27,001,467.52 27,010,639.39 26,245,736.59 29,779,662.40 27,671,517.40 27,693,866.68  
  NPA 23,632,930.91 24,001,308.74 24,242,797.37 24,554,240.60 24,447,811.27 24,194,032.35 22,898,832.27 23,193,184.44 23,120,344.85 25,689,452.50 23,661,356.33 23,623,050.53  
  RL, Performing 5,298,266.90 3,822,712.52 3,140,516.42 3,158,364.49 4,430,993.49 3,347,456.65 4,102,635.25 3,817,454.95 3,125,391.75 4,090,209.89 4,010,161.07 4,070,816.15  
  TLP, gross  395,354,225.95 412,634,201.58 397,114,962.35 428,440,217.15 413,142,999.18 390,444,286.93 424,858,067.24 432,044,336.47 423,508,942.14 402,944,790.41 437,925,279.72 428,622,850.11  
  Total ROPA 12,422,838.86 12,397,412.42 12,396,544.81 12,208,751.46 12,261,934.19 12,105,495.02 11,956,560.65 11,860,729.97 11,837,872.27 11,770,891.53 11,726,391.91 11,596,693.51  
  (1) ROPA, gross 10,913,946.38 10,857,841.16 10,869,534.95 10,671,141.26 10,656,720.52 10,462,631.89 10,236,340.44 10,155,079.46 10,164,391.45 10,124,242.12 10,138,126.40 9,926,651.36  
  (2) Performing SCR 1,508,892.48 1,539,571.26 1,527,009.86 1,537,610.19 1,605,213.67 1,642,863.13 1,720,220.20 1,705,650.52 1,673,480.83 1,646,649.41 1,588,265.52 1,670,042.15  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 31.22 30.86 28.21 27.83 26.69 26.74 29.37 31.46 31.84 39.19 36.20 34.82  
  Cash and Due from Banks   176,542,474.45 169,692,689.42 153,466,922.96 153,176,638.56 150,890,352.36 146,168,597.49 168,406,168.40 181,149,133.69 174,871,563.96 216,854,960.75 204,766,502.39 202,449,451.74  
  Deposits 565,476,560.43 549,867,078.37 544,073,862.06 550,481,610.86 565,363,060.14 546,669,454.88 573,404,952.09 575,749,841.87 549,178,551.71 553,278,672.91 565,703,703.94 581,488,781.08  
  (2) Liquid Assets to Deposits Ratio 65.57 64.64 63.81 65.79 61.79 64.29 63.69 65.27 67.26 71.93 67.67 65.66  
  Liquid Assets, sum of: 370,779,607.96 355,422,737.87 347,181,582.68 362,181,772.11 349,322,184.39 351,426,827.49 365,205,760.38 375,776,797.77 369,389,741.02 397,988,591.30 382,791,619.07 381,832,725.56  
  (1) Cash and Due from Banks 176,542,474.45 169,692,689.42 153,466,922.96 153,176,638.56 150,890,352.36 146,168,597.49 168,406,168.40 181,149,133.69 174,871,563.96 216,854,960.75 204,766,502.39 202,449,451.74  
  (2) Financial Assets, net (excl. equity investments) 194,237,133.51 185,730,048.45 193,714,659.72 209,005,133.55 198,431,832.02 205,258,230.00 196,799,591.98 194,627,664.09 194,518,177.07 181,133,630.54 178,025,116.68 179,383,273.82  
  Deposits 565,476,560.43 549,867,078.37 544,073,862.06 550,481,610.86 565,363,060.14 546,669,454.88 573,404,952.09 575,749,841.87 549,178,551.71 553,278,672.91 565,703,703.94 581,488,781.08  
  (3) Loans (gross) to Deposits 70.45 75.44 73.39 78.17 73.50 71.86 74.49 75.41 77.43 73.11 77.66 73.87  
  Loans (gross) 398,368,623.25 414,794,984.87 399,273,381.05 430,296,938.05 415,541,000.19 392,842,288.24 427,105,745.37 434,158,243.11 425,206,270.38 404,510,032.65 439,313,684.86 429,567,234.84  
  Deposits 565,476,560.43 549,867,078.37 544,073,862.06 550,481,610.86 565,363,060.14 546,669,454.88 573,404,952.09 575,749,841.87 549,178,551.71 553,278,672.91 565,703,703.94 581,488,781.08  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.99 1.02 0.87 0.98  
  Annualized Net Profit or Loss  8,005,131.40 8,151,061.43 7,148,013.50 8,432,291.00  
  Average Assets 807,709,525.16 799,642,002.02 822,434,274.94 862,296,088.54  
  Total Assets (last year) 810,602,101.71 795,801,834.68 793,956,343.67 846,568,017.65  
  Total Assets (current year) 804,816,948.60 803,482,169.36 850,912,206.20 878,024,159.43  
  (2) Return on Equity (ROE) 7.04 7.03 5.88 6.66  
  Annualized Net Profit or Loss  8,005,131.40 8,151,061.43 7,148,013.50 8,432,291.00  
  Average Capital 113,632,578.94 116,014,420.08 121,583,926.44 126,667,495.68  
  Total Capital (last year) 102,953,749.26 110,363,276.22 118,226,645.41 120,235,772.55  
  Total Capital (current year) 124,311,408.62 121,665,563.93 124,941,207.47 133,099,218.82  
  (3) Earning Asset Yield 5.82 5.79 5.77 5.58  
  Annualized Interest Income 41,902,589.96 42,168,789.32 43,171,816.10 43,574,462.43  
  Average Earning Assets 720,526,591.64 727,764,682.98 748,095,946.60 781,570,816.28  
  Earning Assets (last year) 708,202,822.71 722,681,119.52 711,880,098.25 768,504,442.47  
  Earning Assets (current year) 732,850,360.57 732,848,246.44 784,311,794.95 794,637,190.09  
  (4) Funding Cost 2.20 2.20 2.15 2.08  
  Annualized Interest Expense 13,345,220.60 13,112,376.82 13,029,258.64 12,913,865.08  
  Average Interest Bearing Liabilities 606,081,103.00 597,194,021.98 604,670,249.14 621,055,703.11  
  Interest Bearing Liabilities (last year) 621,675,970.48 600,719,249.63 609,600,113.33 613,626,156.91  
  Interest Bearing Liabilities (current year) 590,486,235.53 593,668,794.33 599,740,384.94 628,485,249.31  
  (5) Interest Spread 3.61 3.60 3.62 3.50  
  (3) Earning Asset Yield 5.82 5.79 5.77 5.58  
  (4) Funding Cost 2.20 2.20 2.15 2.08  
  (6) Net Interest Margin 3.95 3.97 4.01 3.90  
  Annualized Net Interest Income 28,471,310.09 28,928,480.02 30,032,836.46 30,501,308.92  
  Average Earning Assets 720,526,591.64 727,764,682.98 748,095,946.60 781,570,816.28  
  (7) Cost to Income Ratio 65.70 66.15 65.05 69.10  
  Annualized Non-Interest Expenses 32,576,580.28 32,975,348.26 31,514,481.45 32,733,456.48  
  Annualized Total Operating Income 49,586,781.25 49,851,455.60 48,445,574.12 47,374,463.47  
  (8) Net Interest Income to Total Operating Income 57.42 58.03 61.99 64.38  
  Annualized Net Interest Income  28,471,310.09 28,928,480.02 30,032,836.46 30,501,308.92  
  Annualized Total Operating Income 49,586,781.25 49,851,455.60 48,445,574.12 47,374,463.47  
  (9) Non-interest Income to Total Operating Income 42.58 41.97 38.01 35.62  
  Annualized Non-Interest Income 21,115,471.16 20,922,975.58 18,412,737.66 16,873,154.55  
  Annualized Total Operating Income 49,586,781.25 49,851,455.60 48,445,574.12 47,374,463.47  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 20.22 19.94 18.97 20.04  
  Capital Adequacy Ratio - Conso 20.00 19.57 18.83 19.87  
  Total Capital Accounts to Total Assets 13.72 14.42 15.45 14.53 14.65 15.14 14.54 14.46 14.68 14.76 14.40 15.16