34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 4.77 4.60 4.73 4.50 4.05 4.31 3.70 3.29 3.28 3.33 3.49 3.37  
  Past Due Loans 20,483,694.98 19,722,235.16 20,272,092.99 19,482,685.31 17,630,623.64 18,710,385.28 16,529,230.30 13,022,611.05 13,445,810.27 13,436,200.24 13,967,815.80 13,682,213.31  
  Total Loan Portfolio (TLP), gross  429,303,348.87 428,889,498.62 428,781,318.24 433,202,797.03 434,941,486.86 434,564,258.30 446,436,206.36 395,276,496.12 410,361,829.60 403,001,105.91 400,592,381.04 406,592,316.66  
  RL to TLP 1.44 1.43 1.42 1.27 1.35 1.38 1.33 1.18 1.22 1.16 1.17 1.12  
  Restructured Loans (RL), gross 6,201,292.69 6,143,329.43 6,096,989.21 5,495,867.19 5,874,761.21 5,983,324.17 5,931,298.32 4,682,983.32 5,024,372.73 4,692,973.93 4,667,845.10 4,545,826.29  
  TLP, gross  429,303,348.87 428,889,498.62 428,781,318.24 433,202,797.03 434,941,486.86 434,564,258.30 446,436,206.36 395,276,496.12 410,361,829.60 403,001,105.91 400,592,381.04 406,592,316.66  
  Loan Loss Reserves (LLR) to TLP 3.44 3.45 3.48 3.41 3.22 3.86 3.88 3.82 3.68 3.77 3.76 3.62  
  Allowance for Credit Losses (ACL) - TLP 14,718,299.45 14,748,032.68 14,868,557.69 14,750,838.49 13,987,075.56 16,733,733.56 17,280,580.96 15,102,559.17 15,084,279.98 15,192,273.30 15,063,193.05 14,722,995.24  
  TLP, gross  428,358,964.13 427,945,113.88 427,837,043.32 432,258,522.11 433,997,211.94 433,619,983.38 445,491,931.44 395,062,864.26 410,193,541.71 402,929,638.02 400,520,913.14 406,520,848.76  
  NPL Ratio 3.16 3.14 3.57 3.41 2.97 2.89 2.79 2.59 2.57 2.58 2.69 2.63  
  Non-Performing Loans (NPL) 13,548,119.49 13,453,026.35 15,279,823.14 14,733,512.48 12,893,785.92 12,533,723.05 12,450,855.03 10,213,817.05 10,526,943.51 10,410,781.66 10,760,952.38 10,673,478.73  
  TLP, gross  428,358,964.13 427,945,113.88 427,837,043.32 432,258,522.11 433,997,211.94 433,619,983.38 445,491,931.44 395,062,864.26 410,193,541.71 402,929,638.02 400,520,913.14 406,520,848.76  
  NPL Ratio, net of IBL 3.76 3.47 3.89 3.84 3.22 3.12 3.01 2.84 2.78 2.84 2.95 2.86  
  NPL 13,548,119.49 13,453,026.35 15,279,823.14 14,733,512.48 12,893,785.92 12,533,723.05 12,450,855.03 10,213,817.05 10,526,943.51 10,410,781.66 10,760,952.38 10,673,478.73  
  TLP, gross net of IBL 360,210,400.62 387,247,377.77 392,450,166.61 383,692,278.64 400,592,942.05 402,154,130.14 414,164,212.63 359,303,891.12 378,673,752.90 366,101,555.46 365,219,253.37 372,769,868.58  
  NPL Coverage Ratio 108.64 109.63 97.31 100.12 108.48 133.51 138.79 147.86 143.29 145.93 139.98 137.94  
  ACL - TLP 14,718,299.45 14,748,032.68 14,868,557.69 14,750,838.49 13,987,075.56 16,733,733.56 17,280,580.96 15,102,559.17 15,084,279.98 15,192,273.30 15,063,193.05 14,722,995.24  
  Gross NPL 13,548,119.49 13,453,026.35 15,279,823.14 14,733,512.48 12,893,785.92 12,533,723.05 12,450,855.03 10,213,817.05 10,526,943.51 10,410,781.66 10,760,952.38 10,673,478.73  
  NPA to Gross Assets  2.58 2.51 2.89 2.80 2.56 2.68 2.59 2.52 2.45 2.54 2.56 2.47  
  Non-Performing Assets (NPA) 23,513,411.36 23,373,910.24 25,115,627.18 24,579,779.66 22,857,399.86 23,304,040.26 23,210,864.40 19,741,466.56 20,083,413.39 20,092,355.46 20,442,209.21 19,896,805.34  
  (1) Gross NPL 13,548,119.49 13,453,026.35 15,279,823.14 14,733,512.48 12,893,785.92 12,533,723.05 12,450,855.03 10,213,817.05 10,526,943.51 10,410,781.66 10,760,952.38 10,673,478.73  
  (2) ROPA, gross 9,965,291.87 9,920,883.89 9,835,804.04 9,846,267.17 9,963,613.94 10,770,317.21 10,760,009.37 9,527,649.50 9,556,469.88 9,681,573.80 9,681,256.83 9,223,326.61  
  Gross Assets 911,533,078.65 931,958,460.34 868,112,498.53 876,610,956.61 894,518,807.74 869,760,892.34 895,406,512.15 782,477,093.81 820,253,751.95 790,768,735.33 798,911,906.39 805,453,560.82  
  (1) Total Assets 894,983,252.73 915,391,558.88 851,413,602.92 860,102,924.11 878,759,779.00 850,803,612.96 875,882,246.94 765,469,522.51 803,228,791.95 773,624,126.14 781,893,675.77 788,717,659.37  
  (2) Allowance on NPA 16,549,825.92 16,566,901.46 16,698,895.61 16,508,032.50 15,759,028.74 18,957,279.38 19,524,265.21 17,007,571.30 17,024,960.00 17,144,609.20 17,018,230.62 16,735,901.45  
  NPA Coverage Ratio 70.38 70.88 66.49 67.16 68.94 81.35 84.12 86.15 84.77 85.33 83.25 84.11  
  Allowance on NPA 16,549,825.92 16,566,901.46 16,698,895.61 16,508,032.50 15,759,028.74 18,957,279.38 19,524,265.21 17,007,571.30 17,024,960.00 17,144,609.20 17,018,230.62 16,735,901.45  
  NPA 23,513,411.36 23,373,910.24 25,115,627.18 24,579,779.66 22,857,399.86 23,304,040.26 23,210,864.40 19,741,466.56 20,083,413.39 20,092,355.46 20,442,209.21 19,896,805.34  
  Distressed Assets Ratio 6.30 6.26 6.63 6.41 6.09 6.22 6.02 5.66 5.58 5.59 5.70 5.32  
  Distressed Assets 27,727,720.91 27,518,293.33 29,103,413.26 28,446,557.33 27,150,143.69 27,741,573.60 27,582,274.50 23,015,840.83 23,515,337.36 23,167,010.25 23,465,785.65 22,206,197.49  
  NPA 23,513,411.36 23,373,910.24 25,115,627.18 24,579,779.66 22,857,399.86 23,304,040.26 23,210,864.40 19,741,466.56 20,083,413.39 20,092,355.46 20,442,209.21 19,896,805.34  
  RL, Performing 4,214,309.56 4,144,383.09 3,987,786.08 3,866,777.67 4,292,743.83 4,437,533.33 4,371,410.10 3,274,374.27 3,431,923.97 3,074,654.79 3,023,576.44 2,309,392.15  
  TLP, gross  428,358,964.13 427,945,113.88 427,837,043.32 432,258,522.11 433,997,211.94 433,619,983.38 445,491,931.44 395,062,864.26 410,193,541.71 402,929,638.02 400,520,913.14 406,520,848.76  
  Total ROPA 11,546,450.29 11,494,711.24 11,389,019.20 11,361,762.99 11,464,612.26 12,721,345.30 12,680,597.25 11,328,977.84 11,328,125.07 11,435,279.93 11,350,807.59 11,064,461.05  
  (1) ROPA, gross 9,965,291.87 9,920,883.89 9,835,804.04 9,846,267.17 9,963,613.94 10,770,317.21 10,760,009.37 9,527,649.50 9,556,469.88 9,681,573.80 9,681,256.83 9,223,326.61  
  (2) Performing SCR 1,581,158.42 1,573,827.35 1,553,215.17 1,515,495.82 1,500,998.31 1,951,028.08 1,920,587.88 1,801,328.34 1,771,655.19 1,753,706.13 1,669,550.75 1,841,134.44  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 35.99 35.72 28.59 32.37 33.17 29.82 32.80 32.37 38.21 31.29 33.79 35.61  
  Cash and Due from Banks   207,651,294.76 209,960,501.42 164,942,842.03 185,431,643.45 190,875,594.36 170,309,765.61 187,636,224.06 163,887,487.34 201,128,341.53 156,581,983.51 170,678,783.32 178,017,771.74  
  Deposits 576,908,306.44 587,786,738.00 576,834,432.07 572,830,302.60 575,441,299.57 571,169,464.36 572,027,266.10 506,249,711.57 526,319,191.98 500,427,596.28 505,138,234.52 499,955,409.94  
  (2) Liquid Assets to Deposits Ratio 69.06 71.51 62.62 66.41 69.83 64.54 66.11 65.14 66.82 65.67 67.78 68.75  
  Liquid Assets, sum of: 398,424,456.22 420,311,909.73 361,201,973.09 380,390,410.31 401,804,578.39 368,657,253.34 378,156,854.57 329,781,074.89 351,691,169.29 328,627,518.44 342,362,921.42 343,717,254.18  
  (1) Cash and Due from Banks 207,651,294.76 209,960,501.42 164,942,842.03 185,431,643.45 190,875,594.36 170,309,765.61 187,636,224.06 163,887,487.34 201,128,341.53 156,581,983.51 170,678,783.32 178,017,771.74  
  (2) Financial Assets, net (excl. equity investments) 190,773,161.47 210,351,408.31 196,259,131.06 194,958,766.85 210,928,984.03 198,347,487.73 190,520,630.51 165,893,587.54 150,562,827.76 172,045,534.93 171,684,138.09 165,699,482.44  
  Deposits 576,908,306.44 587,786,738.00 576,834,432.07 572,830,302.60 575,441,299.57 571,169,464.36 572,027,266.10 506,249,711.57 526,319,191.98 500,427,596.28 505,138,234.52 499,955,409.94  
  (3) Loans (gross) to Deposits 74.41 72.97 74.33 75.62 75.58 76.08 78.04 78.08 77.97 80.53 79.30 81.33  
  Loans (gross) 429,303,348.87 428,889,498.62 428,781,318.24 433,202,797.03 434,941,486.86 434,564,258.30 446,436,206.36 395,276,496.12 410,361,829.60 403,001,105.91 400,592,381.04 406,592,316.66  
  Deposits 576,908,306.44 587,786,738.00 576,834,432.07 572,830,302.60 575,441,299.57 571,169,464.36 572,027,266.10 506,249,711.57 526,319,191.98 500,427,596.28 505,138,234.52 499,955,409.94  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.21 1.19 1.09 1.15  
  Annualized Net Profit or Loss  10,042,493.63 9,878,358.57 8,991,641.79 9,554,720.44  
  Average Assets 828,115,275.76 827,142,891.16 827,070,499.07 833,370,909.40  
  Total Assets (last year) 804,816,948.60 803,482,169.36 850,912,206.20 878,024,159.43  
  Total Assets (current year) 851,413,602.92 850,803,612.96 803,228,791.95 788,717,659.37  
  (2) Return on Equity (ROE) 7.61 7.51 7.08 7.09  
  Annualized Net Profit or Loss  10,042,493.63 9,878,358.57 8,991,641.79 9,554,720.44  
  Average Capital 131,891,584.07 131,455,918.76 127,040,408.38 134,817,466.84  
  Total Capital (last year) 124,311,408.62 121,665,563.93 124,941,207.47 133,099,218.82  
  Total Capital (current year) 139,471,759.51 141,246,273.59 129,139,609.29 136,535,714.87  
  (3) Earning Asset Yield 5.86 5.81 4.98 4.69  
  Annualized Interest Income 44,173,975.07 44,082,137.86 38,011,399.65 35,764,322.88  
  Average Earning Assets 754,378,124.27 758,711,428.56 763,769,256.60 762,370,891.26  
  Earning Assets (last year) 732,850,360.57 732,848,246.44 784,311,794.95 794,637,190.09  
  Earning Assets (current year) 775,905,887.96 784,574,610.67 743,226,718.24 730,104,592.44  
  (4) Funding Cost 2.14 2.01 1.77 1.58  
  Annualized Interest Expense 13,035,925.03 12,165,043.59 10,264,586.12 9,220,471.38  
  Average Interest Bearing Liabilities 607,892,496.92 604,590,436.45 581,096,792.44 582,841,087.25  
  Interest Bearing Liabilities (last year) 590,486,235.53 593,668,794.33 599,740,384.94 628,485,249.31  
  Interest Bearing Liabilities (current year) 625,298,758.31 615,512,078.58 562,453,199.94 537,196,925.19  
  (5) Interest Spread 3.71 3.80 3.21 3.11  
  (3) Earning Asset Yield 5.86 5.81 4.98 4.69  
  (4) Funding Cost 2.14 2.01 1.77 1.58  
  (6) Net Interest Margin 4.11 4.18 3.61 3.45  
  Annualized Net Interest Income 30,968,529.04 31,714,308.29 27,543,926.16 26,326,611.37  
  Average Earning Assets 754,378,124.27 758,711,428.56 763,769,256.60 762,370,891.26  
  (7) Cost to Income Ratio 66.42 66.47 66.46 62.82  
  Annualized Non-Interest Expenses 33,040,114.63 33,234,536.31 29,306,960.35 26,454,318.34  
  Annualized Total Operating Income 49,741,046.13 49,999,429.89 44,099,050.91 42,114,191.56  
  (8) Net Interest Income to Total Operating Income 62.26 63.43 62.46 62.51  
  Annualized Net Interest Income  30,968,529.04 31,714,308.29 27,543,926.16 26,326,611.37  
  Annualized Total Operating Income 49,741,046.13 49,999,429.89 44,099,050.91 42,114,191.56  
  (9) Non-interest Income to Total Operating Income 37.74 36.57 37.54 37.49  
  Annualized Non-Interest Income 18,772,517.09 18,285,121.60 16,555,124.75 15,787,580.19  
  Annualized Total Operating Income 49,741,046.13 49,999,429.89 44,099,050.91 42,114,191.56  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 20.38 21.63 22.07 23.77  
  Capital Adequacy Ratio - Conso 20.25 21.52 22.21 23.57  
  Total Capital Accounts to Total Assets 14.88 14.75 16.38 16.21 16.01 16.60 16.36 16.69 16.08 16.58 16.86 17.31