43 Selected Performance Indicators                          
                             
                             
  Thrift 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 7.82 7.71 7.07 7.18 6.86 6.15 6.64 6.89 6.87 6.97 6.97 6.26  
  Past Due Loans 28,853,097.08 28,486,571.08 28,447,928.60 28,349,754.36 28,123,485.52 26,620,321.02 27,373,317.25 28,128,706.38 28,199,320.97 29,054,879.57 29,619,726.11 28,102,650.01  
  Total Loan Portfolio (TLP), gross  369,195,413.97 369,540,960.94 402,538,872.12 394,872,564.20 409,696,179.34 432,987,366.86 411,944,195.95 408,262,263.58 410,517,858.06 417,076,238.69 424,927,441.12 449,262,400.77  
  RL to TLP 1.21 1.22 1.14 1.29 1.22 1.07 1.06 1.09 1.09 1.08 1.06 0.93  
  Restructured Loans (RL), gross 4,483,435.25 4,501,132.27 4,596,491.84 5,087,735.48 4,997,408.00 4,638,072.47 4,356,517.44 4,448,606.08 4,474,164.97 4,499,550.16 4,496,936.39 4,159,979.29  
  TLP, gross  369,195,413.97 369,540,960.94 402,538,872.12 394,872,564.20 409,696,179.34 432,987,366.86 411,944,195.95 408,262,263.58 410,517,858.06 417,076,238.69 424,927,441.12 449,262,400.77  
  Loan Loss Reserves (LLR) to TLP 3.54 3.73 3.64 3.78 3.66 3.36 3.56 3.61 3.62 3.57 3.53 3.27  
  Allowance for Credit Losses (ACL) - TLP 12,932,286.45 13,628,487.15 14,503,668.27 14,805,480.06 14,866,953.25 14,417,895.86 14,543,902.85 14,585,750.17 14,703,155.61 14,744,125.37 14,863,939.59 14,586,621.84  
  TLP, gross  365,232,390.33 365,688,365.46 398,874,444.11 391,177,352.30 406,008,775.57 429,131,148.57 407,989,367.50 404,404,622.28 406,662,107.31 413,273,635.28 421,147,197.07 445,754,417.07  
  NPL Ratio 6.14 6.17 5.62 5.63 5.41 4.78 5.16 5.37 5.40 5.61 5.63 5.17  
  Non-Performing Loans (NPL) 22,432,779.30 22,557,269.36 22,423,557.25 22,014,398.79 21,960,277.19 20,500,625.88 21,036,761.22 21,710,595.40 21,974,347.11 23,177,609.59 23,719,313.01 23,024,209.79  
  TLP, gross  365,232,390.33 365,688,365.46 398,874,444.11 391,177,352.30 406,008,775.57 429,131,148.57 407,989,367.50 404,404,622.28 406,662,107.31 413,273,635.28 421,147,197.07 445,754,417.07  
  NPL Ratio, net of IBL 6.16 6.23 5.76 5.82 5.53 4.86 5.27 5.47 5.48 5.70 5.74 5.23  
  NPL 22,432,779.30 22,557,269.36 22,423,557.25 22,014,398.79 21,960,277.19 20,500,625.88 21,036,761.22 21,710,595.40 21,974,347.11 23,177,609.59 23,719,313.01 23,024,209.79  
  TLP, gross net of IBL 364,351,934.66 362,237,263.63 388,981,391.50 378,244,322.16 397,123,182.73 421,654,097.51 399,253,112.54 396,798,061.00 401,315,711.00 406,389,769.23 413,581,381.94 440,108,970.65  
  NPL Coverage Ratio 57.65 60.42 64.68 67.25 67.70 70.33 69.14 67.18 66.91 63.61 62.67 63.35  
  ACL - TLP 12,932,286.45 13,628,487.15 14,503,668.27 14,805,480.06 14,866,953.25 14,417,895.86 14,543,902.85 14,585,750.17 14,703,155.61 14,744,125.37 14,863,939.59 14,586,621.84  
  Gross NPL 22,432,779.30 22,557,269.36 22,423,557.25 22,014,398.79 21,960,277.19 20,500,625.88 21,036,761.22 21,710,595.40 21,974,347.11 23,177,609.59 23,719,313.01 23,024,209.79  
  NPA to Gross Assets  7.39 7.27 7.28 6.95 6.81 6.45 6.68 6.86 6.77 6.87 6.57 6.05  
  Non-Performing Assets (NPA) 43,330,636.66 43,475,746.52 45,488,432.00 43,384,107.14 43,435,098.61 41,287,408.26 41,215,007.46 42,122,748.25 42,410,319.81 43,691,509.92 44,245,503.78 41,375,510.94  
  (1) Gross NPL 22,432,779.30 22,557,269.36 22,423,557.25 22,014,398.79 21,960,277.19 20,500,625.88 21,036,761.22 21,710,595.40 21,974,347.11 23,177,609.59 23,719,313.01 23,024,209.79  
  (2) ROPA, gross 20,897,857.36 20,918,477.16 23,064,874.75 21,369,708.34 21,474,821.41 20,786,782.39 20,178,246.24 20,412,152.85 20,435,972.70 20,513,900.33 20,528,062.43 18,351,301.16  
  Gross Assets 586,696,550.11 598,334,590.11 625,247,586.48 624,141,340.31 637,621,226.06 640,300,863.75 616,818,828.77 614,230,017.98 626,088,940.02 636,307,882.08 673,681,707.48 683,782,220.53  
  (1) Total Assets 570,605,938.71 581,538,315.87 605,614,499.26 606,090,615.94 619,523,757.06 622,650,399.40 599,577,589.92 596,477,028.92 608,210,576.05 618,412,730.95 655,657,118.69 666,168,246.70  
  (2) Allowance on NPA 16,090,611.40 16,796,274.24 19,633,087.22 18,050,724.37 18,097,469.01 17,650,464.35 17,241,238.85 17,752,989.06 17,878,363.97 17,895,151.13 18,024,588.79 17,613,973.83  
  NPA Coverage Ratio 37.13 38.63 43.16 41.61 41.67 42.75 41.83 42.15 42.16 40.96 40.74 42.57  
  Allowance on NPA 16,090,611.40 16,796,274.24 19,633,087.22 18,050,724.37 18,097,469.01 17,650,464.35 17,241,238.85 17,752,989.06 17,878,363.97 17,895,151.13 18,024,588.79 17,613,973.83  
  NPA 43,330,636.66 43,475,746.52 45,488,432.00 43,384,107.14 43,435,098.61 41,287,408.26 41,215,007.46 42,122,748.25 42,410,319.81 43,691,509.92 44,245,503.78 41,375,510.94  
  Distressed Assets Ratio 11.69 11.72 11.22 11.09 10.70 9.67 10.08 10.41 10.42 10.52 10.47 9.35  
  Distressed Assets 45,626,782.00 45,775,041.29 47,784,096.96 46,168,092.50 46,160,423.97 43,848,699.62 43,528,482.69 44,563,573.76 44,842,705.75 46,014,117.60 46,603,454.34 43,695,220.46  
  NPA 43,330,636.66 43,475,746.52 45,488,432.00 43,384,107.14 43,435,098.61 41,287,408.26 41,215,007.46 42,122,748.25 42,410,319.81 43,691,509.92 44,245,503.78 41,375,510.94  
  RL, Performing 2,296,145.35 2,299,294.77 2,295,664.96 2,783,985.37 2,725,325.36 2,561,291.35 2,313,475.23 2,440,825.52 2,432,385.94 2,322,607.68 2,357,950.56 2,319,709.52  
  TLP, gross  365,232,390.33 365,688,365.46 398,874,444.11 391,177,352.30 406,008,775.57 429,131,148.57 407,989,367.50 404,404,622.28 406,662,107.31 413,273,635.28 421,147,197.07 445,754,417.07  
  Total ROPA 24,993,133.03 24,908,126.68 27,023,167.05 25,241,310.29 25,407,848.30 24,347,817.73 23,744,252.18 23,783,943.55 23,834,397.20 23,935,692.64 23,937,265.98 21,770,568.47  
  (1) ROPA, gross 20,897,857.36 20,918,477.16 23,064,874.75 21,369,708.34 21,474,821.41 20,786,782.39 20,178,246.24 20,412,152.85 20,435,972.70 20,513,900.33 20,528,062.43 18,351,301.16  
  (2) Performing SCR 4,095,275.67 3,989,649.52 3,958,292.30 3,871,601.95 3,933,026.89 3,561,035.35 3,566,005.95 3,371,790.71 3,398,424.51 3,421,792.31 3,409,203.55 3,419,267.31  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 15.83 17.22 15.66 17.83 17.69 14.49 14.75 15.62 16.25 14.46 19.49 16.82  
  Cash and Due from Banks   72,853,691.22 80,449,728.35 76,116,251.89 86,813,819.04 88,295,422.71 72,636,735.08 70,570,222.11 74,167,903.58 78,455,688.34 70,701,772.60 102,524,017.00 89,117,703.54  
  Deposits 460,139,911.06 467,292,030.36 486,107,502.97 486,990,749.49 499,254,542.75 501,401,083.46 478,547,569.34 474,966,010.32 482,757,222.61 488,792,478.57 525,913,966.53 529,802,024.85  
  (2) Liquid Assets to Deposits Ratio 35.03 36.79 33.71 35.06 33.77 30.11 31.19 31.58 32.92 33.16 36.33 33.22  
  Liquid Assets, sum of: 161,200,168.26 171,923,678.94 163,888,647.30 170,734,811.59 168,580,312.40 150,950,415.44 149,250,932.81 149,978,764.69 158,929,579.40 162,061,412.18 191,084,883.38 175,983,944.95  
  (1) Cash and Due from Banks 72,853,691.22 80,449,728.35 76,116,251.89 86,813,819.04 88,295,422.71 72,636,735.08 70,570,222.11 74,167,903.58 78,455,688.34 70,701,772.60 102,524,017.00 89,117,703.54  
  (2) Financial Assets, net (excl. equity investments) 88,346,477.03 91,473,950.59 87,772,395.41 83,920,992.55 80,284,889.69 78,313,680.36 78,680,710.71 75,810,861.11 80,473,891.06 91,359,639.58 88,560,866.38 86,866,241.41  
  Deposits 460,139,911.06 467,292,030.36 486,107,502.97 486,990,749.49 499,254,542.75 501,401,083.46 478,547,569.34 474,966,010.32 482,757,222.61 488,792,478.57 525,913,966.53 529,802,024.85  
  (3) Loans (gross) to Deposits 80.24 79.08 82.81 81.08 82.06 86.36 86.08 85.96 85.04 85.33 80.80 84.80  
  Loans (gross) 369,195,413.97 369,540,960.94 402,538,872.12 394,872,564.20 409,696,179.34 432,987,366.86 411,944,195.95 408,262,263.58 410,517,858.06 417,076,238.69 424,927,441.12 449,262,400.77  
  Deposits 460,139,911.06 467,292,030.36 486,107,502.97 486,990,749.49 499,254,542.75 501,401,083.46 478,547,569.34 474,966,010.32 482,757,222.61 488,792,478.57 525,913,966.53 529,802,024.85  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.63 1.60 1.50 1.31  
  Annualized Net Profit or Loss  9,604,711.70 9,506,856.48 8,840,524.19 8,318,182.16  
  Average Assets 587,467,271.44 594,533,389.01 588,242,053.57 636,799,533.28  
  Total Assets (last year) 569,320,043.63 566,416,378.63 568,273,531.09 607,430,819.86  
  Total Assets (current year) 605,614,499.26 622,650,399.40 608,210,576.05 666,168,246.70  
  (2) Return on Equity (ROE) 13.57 13.43 11.99 10.70  
  Annualized Net Profit or Loss  9,604,711.70 9,506,856.48 8,840,524.19 8,318,182.16  
  Average Capital 70,801,244.59 70,799,613.04 73,715,857.72 77,746,615.59  
  Total Capital (last year) 66,411,662.03 67,415,448.69 70,288,228.28 74,412,116.07  
  Total Capital (current year) 75,190,827.16 74,183,777.39 77,143,487.16 81,081,115.10  
  (3) Earning Asset Yield 8.11 8.23 8.45 7.87  
  Annualized Interest Income 43,522,240.35 44,712,991.12 45,622,101.67 45,860,481.64  
  Average Earning Assets 536,823,733.58 543,606,648.68 540,002,124.02 582,811,064.59  
  Earning Assets (last year) 516,858,188.57 511,571,571.53 518,431,481.29 551,906,846.16  
  Earning Assets (current year) 556,789,278.60 575,641,725.83 561,572,766.75 613,715,283.02  
  (4) Funding Cost 3.06 3.09 3.20 2.95  
  Annualized Interest Expense 15,146,127.30 15,458,728.23 15,831,754.37 15,875,519.93  
  Average Interest Bearing Liabilities 495,722,156.35 500,685,966.71 495,380,854.33 538,525,903.84  
  Interest Bearing Liabilities (last year) 480,795,696.75 474,629,715.14 479,912,688.04 514,500,390.03  
  Interest Bearing Liabilities (current year) 510,648,615.96 526,742,218.28 510,849,020.62 562,551,417.66  
  (5) Interest Spread 5.05 5.14 5.25 4.92  
  (3) Earning Asset Yield 8.11 8.23 8.45 7.87  
  (4) Funding Cost 3.06 3.09 3.20 2.95  
  (6) Net Interest Margin 5.28 5.37 5.51 5.13  
  Annualized Net Interest Income 28,321,603.08 29,201,122.81 29,732,345.77 29,902,818.57  
  Average Earning Assets 536,823,733.58 543,606,648.68 540,002,124.02 582,811,064.59  
  (7) Cost to Income Ratio 66.56 65.71 67.50 69.12  
  Annualized Non-Interest Expenses 27,013,773.82 27,684,934.65 28,466,315.74 28,999,178.91  
  Annualized Total Operating Income 40,584,829.51 42,130,987.77 42,169,982.24 41,955,119.03  
  (8) Net Interest Income to Total Operating Income 69.78 69.31 70.51 71.27  
  Annualized Net Interest Income  28,321,603.08 29,201,122.81 29,732,345.77 29,902,818.57  
  Annualized Total Operating Income 40,584,829.51 42,130,987.77 42,169,982.24 41,955,119.03  
  (9) Non-interest Income to Total Operating Income 30.22 30.69 29.49 28.73  
  Annualized Non-Interest Income 12,263,226.43 12,929,864.96 12,437,636.47 12,052,300.46  
  Annualized Total Operating Income 40,584,829.51 42,130,987.77 42,169,982.24 41,955,119.03  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 18.55 17.55 17.91 17.43  
  Total Capital Accounts to Total Assets 13.16 13.19 12.44 12.18 11.76 11.94 12.65 12.74 12.71 12.67 12.12 12.19