43 Selected Performance Indicators                          
                             
                             
  Thrift 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 8.94 8.89 7.73 7.87 8.04 7.47 7.81 7.91 7.55 7.92 7.90 7.03  
  Past Due Loans 30,882,244.25 31,359,672.60 27,403,669.66 27,951,202.00 27,968,777.89 27,727,421.64 27,946,089.33 28,587,089.78 27,775,328.90 28,476,310.63 28,965,226.00 27,238,390.20  
  Total Loan Portfolio (TLP), gross  345,554,079.83 352,722,805.08 354,660,487.86 355,245,522.62 348,080,251.02 371,157,200.35 357,846,541.41 361,315,820.38 367,889,725.53 359,581,770.40 366,456,270.50 387,519,955.78  
  RL to TLP 1.19 1.14 1.16 1.28 1.29 1.19 1.27 1.31 1.25 1.29 1.27 1.17  
  Restructured Loans (RL), gross 4,121,343.13 4,023,380.37 4,117,708.33 4,545,773.06 4,474,947.88 4,425,379.72 4,536,961.61 4,718,490.87 4,615,992.99 4,650,775.84 4,646,300.42 4,520,123.04  
  TLP, gross  345,554,079.83 352,722,805.08 354,660,487.86 355,245,522.62 348,080,251.02 371,157,200.35 357,846,541.41 361,315,820.38 367,889,725.53 359,581,770.40 366,456,270.50 387,519,955.78  
  Loan Loss Reserves (LLR) to TLP 3.96 3.78 3.70 3.64 3.71 3.57 3.74 3.79 3.72 3.86 3.71 3.37  
  Allowance for Credit Losses (ACL) - TLP 13,555,804.74 13,200,587.16 12,969,164.83 12,806,680.38 12,758,804.73 13,114,253.05 13,264,670.82 13,568,378.30 13,571,122.72 13,732,534.23 13,450,225.68 12,925,929.83  
  TLP, gross  342,320,126.67 348,940,049.24 350,984,963.23 351,382,589.54 344,224,167.56 367,562,162.56 354,291,148.19 357,749,466.01 364,422,419.99 356,132,677.88 362,612,039.76 383,711,632.04  
  NPL Ratio 7.54 7.38 6.34 6.42 6.51 6.11 6.44 6.41 6.22 6.61 6.41 5.72  
  Non-Performing Loans (NPL) 25,800,463.39 25,744,699.91 22,235,781.89 22,564,722.96 22,410,893.55 22,441,035.57 22,825,797.81 22,947,336.47 22,652,204.61 23,527,046.47 23,234,229.20 21,933,661.02  
  TLP, gross  342,320,126.67 348,940,049.24 350,984,963.23 351,382,589.54 344,224,167.56 367,562,162.56 354,291,148.19 357,749,466.01 364,422,419.99 356,132,677.88 362,612,039.76 383,711,632.04  
  NPL Ratio, net of IBL 7.65 7.49 6.44 6.51 6.65 6.25 6.60 6.50 6.30 6.65 6.44 5.75  
  NPL 25,800,463.39 25,744,699.91 22,235,781.89 22,564,722.96 22,410,893.55 22,441,035.57 22,825,797.81 22,947,336.47 22,652,204.61 23,527,046.47 23,234,229.20 21,933,661.02  
  TLP, gross net of IBL 337,249,431.93 343,684,266.63 345,035,117.31 346,421,315.16 336,930,975.16 359,220,591.11 346,035,403.54 352,983,064.08 359,644,958.06 354,012,521.32 360,705,619.38 381,719,046.51  
  NPL Coverage Ratio 52.54 51.27 58.33 56.76 56.93 58.44 58.11 59.13 59.91 58.37 57.89 58.93  
  ACL - TLP 13,555,804.74 13,200,587.16 12,969,164.83 12,806,680.38 12,758,804.73 13,114,253.05 13,264,670.82 13,568,378.30 13,571,122.72 13,732,534.23 13,450,225.68 12,925,929.83  
  Gross NPL 25,800,463.39 25,744,699.91 22,235,781.89 22,564,722.96 22,410,893.55 22,441,035.57 22,825,797.81 22,947,336.47 22,652,204.61 23,527,046.47 23,234,229.20 21,933,661.02  
  NPA to Gross Assets  8.76 8.71 7.33 7.39 7.58 7.47 7.53 7.60 7.50 7.68 7.43 6.85  
  Non-Performing Assets (NPA) 53,050,914.27 53,346,908.39 42,901,494.53 43,648,715.90 43,478,437.56 43,494,572.91 44,280,003.12 44,369,034.00 43,854,902.59 44,686,002.71 44,283,453.39 42,703,054.92  
  (1) Gross NPL 25,800,463.39 25,744,699.91 22,235,781.89 22,564,722.96 22,410,893.55 22,441,035.57 22,825,797.81 22,947,336.47 22,652,204.61 23,527,046.47 23,234,229.20 21,933,661.02  
  (2) ROPA, gross 27,250,450.88 27,602,208.49 20,665,712.64 21,083,992.94 21,067,544.00 21,053,537.34 21,454,205.31 21,421,697.53 21,202,697.98 21,158,956.24 21,049,224.19 20,769,393.90  
  Gross Assets 605,897,201.65 612,689,758.53 585,353,534.33 591,006,547.91 573,286,362.64 582,609,444.96 588,305,037.75 583,841,885.76 584,950,961.06 581,611,944.25 595,705,989.88 623,560,608.52  
  (1) Total Assets 589,075,424.48 596,214,336.17 569,320,043.63 575,128,678.68 557,474,652.35 566,416,378.63 571,755,292.55 567,038,476.08 568,273,531.09 564,760,180.76 579,064,448.05 607,430,819.86  
  (2) Allowance on NPA 16,821,777.17 16,475,422.35 16,033,490.70 15,877,869.23 15,811,710.29 16,193,066.33 16,549,745.20 16,803,409.68 16,677,429.96 16,851,763.49 16,641,541.84 16,129,788.66  
  NPA Coverage Ratio 31.71 30.88 37.37 36.38 36.37 37.23 37.38 37.87 38.03 37.71 37.58 37.77  
  Allowance on NPA 16,821,777.17 16,475,422.35 16,033,490.70 15,877,869.23 15,811,710.29 16,193,066.33 16,549,745.20 16,803,409.68 16,677,429.96 16,851,763.49 16,641,541.84 16,129,788.66  
  NPA 53,050,914.27 53,346,908.39 42,901,494.53 43,648,715.90 43,478,437.56 43,494,572.91 44,280,003.12 44,369,034.00 43,854,902.59 44,686,002.71 44,283,453.39 42,703,054.92  
  Distressed Assets Ratio 14.60 14.39 11.81 12.10 12.28 11.55 12.18 12.19 11.85 12.31 12.01 11.03  
  Distressed Assets 54,603,982.72 54,814,839.91 44,421,414.10 45,575,091.46 45,390,487.95 45,388,924.09 46,280,961.89 46,703,682.30 46,171,373.37 46,935,339.36 46,549,103.57 45,059,090.09  
  NPA 53,050,914.27 53,346,908.39 42,901,494.53 43,648,715.90 43,478,437.56 43,494,572.91 44,280,003.12 44,369,034.00 43,854,902.59 44,686,002.71 44,283,453.39 42,703,054.92  
  RL, Performing 1,553,068.45 1,467,931.52 1,519,919.57 1,926,375.56 1,912,050.40 1,894,351.18 2,000,958.77 2,334,648.30 2,316,470.77 2,249,336.65 2,265,650.17 2,356,035.16  
  TLP, gross  342,320,126.67 348,940,049.24 350,984,963.23 351,382,589.54 344,224,167.56 367,562,162.56 354,291,148.19 357,749,466.01 364,422,419.99 356,132,677.88 362,612,039.76 383,711,632.04  
  Total ROPA 31,672,607.75 32,104,819.04 25,153,211.37 25,371,485.58 25,375,610.11 25,509,101.08 25,559,587.61 25,482,120.82 25,246,028.67 25,138,088.83 25,056,141.21 24,905,755.50  
  (1) ROPA, gross 27,250,450.88 27,602,208.49 20,665,712.64 21,083,992.94 21,067,544.00 21,053,537.34 21,454,205.31 21,421,697.53 21,202,697.98 21,158,956.24 21,049,224.19 20,769,393.90  
  (2) Performing SCR 4,422,156.88 4,502,610.55 4,487,498.73 4,287,492.63 4,308,066.11 4,455,563.74 4,105,382.30 4,060,423.29 4,043,330.69 3,979,132.59 4,006,917.02 4,136,361.59  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 13.89 14.36 12.95 13.33 13.77 11.82 13.58 13.32 13.66 15.10 16.07 17.15  
  Cash and Due from Banks   66,197,495.50 69,510,607.84 60,262,177.74 62,541,878.70 62,494,418.86 54,009,536.18 62,663,424.14 61,290,318.18 63,126,193.78 68,814,027.01 75,237,043.28 84,942,622.72  
  Deposits 476,728,917.95 484,012,034.23 465,517,307.60 469,345,721.16 453,904,621.17 457,040,589.21 461,576,596.02 460,025,067.42 461,985,135.49 455,838,489.69 468,055,916.83 495,159,026.43  
  (2) Liquid Assets to Deposits Ratio 37.75 36.96 36.51 36.90 36.07 32.62 36.42 34.81 34.84 36.20 36.83 36.26  
  Liquid Assets, sum of: 179,945,014.75 178,876,843.88 169,977,853.82 173,181,830.90 163,738,406.79 149,075,134.84 168,121,393.59 160,125,700.25 160,964,652.93 164,994,660.43 172,380,253.43 179,539,102.86  
  (1) Cash and Due from Banks 66,197,495.50 69,510,607.84 60,262,177.74 62,541,878.70 62,494,418.86 54,009,536.18 62,663,424.14 61,290,318.18 63,126,193.78 68,814,027.01 75,237,043.28 84,942,622.72  
  (2) Financial Assets, net (excl. equity investments) 113,747,519.25 109,366,236.03 109,715,676.09 110,639,952.19 101,243,987.93 95,065,598.66 105,457,969.45 98,835,382.08 97,838,459.15 96,180,633.41 97,143,210.16 94,596,480.15  
  Deposits 476,728,917.95 484,012,034.23 465,517,307.60 469,345,721.16 453,904,621.17 457,040,589.21 461,576,596.02 460,025,067.42 461,985,135.49 455,838,489.69 468,055,916.83 495,159,026.43  
  (3) Loans (gross) to Deposits 72.48 72.87 76.19 75.69 76.69 81.21 77.53 78.54 79.63 78.88 78.29 78.26  
  Loans (gross) 345,554,079.83 352,722,805.08 354,660,487.86 355,245,522.62 348,080,251.02 371,157,200.35 357,846,541.41 361,315,820.38 367,889,725.53 359,581,770.40 366,456,270.50 387,519,955.78  
  Deposits 476,728,917.95 484,012,034.23 465,517,307.60 469,345,721.16 453,904,621.17 457,040,589.21 461,576,596.02 460,025,067.42 461,985,135.49 455,838,489.69 468,055,916.83 495,159,026.43  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.00 1.28 1.32 1.53  
  Annualized Net Profit or Loss  5,509,725.59 7,098,070.10 7,561,115.20 9,261,852.75  
  Average Assets 551,278,240.04 552,586,022.68 573,184,677.02 606,941,062.65  
  Total Assets (last year) 533,236,436.44 538,755,666.73 578,095,822.94 606,451,305.43  
  Total Assets (current year) 569,320,043.63 566,416,378.63 568,273,531.09 607,430,819.86  
  (2) Return on Equity (ROE) 8.50 10.90 11.00 13.12  
  Annualized Net Profit or Loss  5,509,725.59 7,098,070.10 7,561,115.20 9,261,852.75  
  Average Capital 64,816,929.81 65,095,944.73 68,725,822.52 70,595,402.41  
  Total Capital (last year) 63,222,197.60 62,776,440.77 67,163,416.76 66,778,688.75  
  Total Capital (current year) 66,411,662.03 67,415,448.69 70,288,228.28 74,412,116.07  
  (3) Earning Asset Yield 8.79 8.86 8.40 8.02  
  Annualized Interest Income 43,070,101.40 43,475,720.28 43,045,601.56 43,497,982.66  
  Average Earning Assets 489,957,413.11 490,458,208.81 512,419,893.92 542,327,998.92  
  Earning Assets (last year) 463,056,637.66 469,344,846.09 506,408,306.54 532,749,151.68  
  Earning Assets (current year) 516,858,188.57 511,571,571.53 518,431,481.29 551,906,846.16  
  (4) Funding Cost 3.50 3.45 3.18 2.92  
  Annualized Interest Expense 16,214,565.83 15,977,467.96 15,355,777.80 15,013,080.26  
  Average Interest Bearing Liabilities 463,411,216.26 463,544,083.90 483,327,820.25 514,191,840.32  
  Interest Bearing Liabilities (last year) 446,026,735.78 452,458,452.66 486,742,952.46 513,883,290.61  
  Interest Bearing Liabilities (current year) 480,795,696.75 474,629,715.14 479,912,688.04 514,500,390.03  
  (5) Interest Spread 5.29 5.42 5.22 5.10  
  (3) Earning Asset Yield 8.79 8.86 8.40 8.02  
  (4) Funding Cost 3.50 3.45 3.18 2.92  
  (6) Net Interest Margin 5.47 5.59 5.39 5.24  
  Annualized Net Interest Income 26,776,420.29 27,419,635.08 27,609,867.20 28,436,850.74  
  Average Earning Assets 489,957,413.11 490,458,208.81 512,419,893.92 542,327,998.92  
  (7) Cost to Income Ratio 71.55 70.01 69.63 67.98  
  Annualized Non-Interest Expenses 27,122,013.18 27,154,094.03 26,380,970.03 25,820,378.92  
  Annualized Total Operating Income 37,906,069.74 38,785,487.12 37,886,750.51 37,982,487.97  
  (8) Net Interest Income to Total Operating Income 70.64 70.70 72.87 74.87  
  Annualized Net Interest Income  26,776,420.29 27,419,635.08 27,609,867.20 28,436,850.74  
  Annualized Total Operating Income 37,906,069.74 38,785,487.12 37,886,750.51 37,982,487.97  
  (9) Non-interest Income to Total Operating Income 29.36 29.30 27.13 25.13  
  Annualized Non-Interest Income 11,129,649.46 11,365,852.05 10,276,883.31 9,545,637.24  
  Annualized Total Operating Income 37,906,069.74 38,785,487.12 37,886,750.51 37,982,487.97  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 16.11 15.53 16.48 15.86  
  Total Capital Accounts to Total Assets 11.21 11.08 11.69 12.01 12.02 11.92 12.06 12.43 12.39 12.63 12.53 12.27