34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 2.91 2.91 2.92 2.92 2.86 3.02 2.84 3.17 2.96 2.72 2.99 2.52  
  Past Due Loans 12,584,468.86 12,756,501.53 12,822,186.74 12,828,676.67 12,543,435.34 12,459,686.22 12,345,214.17 13,734,829.11 12,537,031.59 10,698,802.33 12,269,657.50 10,631,384.35  
  Total Loan Portfolio (TLP), gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  RL to TLP 1.03 1.04 0.92 0.90 0.86 0.92 0.87 0.86 0.85 0.79 0.74 0.71  
  Restructured Loans (RL), gross 4,469,878.54 4,571,423.50 4,038,893.89 3,956,571.29 3,788,012.92 3,806,402.31 3,759,885.82 3,706,191.56 3,595,498.00 3,123,698.33 3,023,492.16 3,010,458.46  
  TLP, gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  Loan Loss Reserves (LLR) to TLP 3.43 3.33 3.33 3.36 3.37 3.57 3.42 3.41 3.51 3.42 3.34 3.32  
  Allowance for Credit Losses (ACL) - TLP 14,842,385.99 14,606,664.08 14,650,172.19 14,762,758.78 14,793,638.28 14,712,210.59 14,869,522.95 14,770,836.18 14,866,730.54 13,450,175.04 13,705,655.65 14,025,079.51  
  TLP, gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  Gross NPL Ratio 2.34 2.29 2.51 2.46 2.48 2.57 2.43 2.52 2.50 2.28 2.21 2.09  
  Gross Non-Performing Loans (NPL) 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  TLP, gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  Gross NPL Ratio, net of IBL 2.56 2.52 2.70 2.69 2.71 2.79 2.68 2.79 2.75 2.53 2.44 2.38  
  Gross NPL, net of NP IBL 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  (1) Gross NPL 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  (2) Non-performing IBL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00  
  TLP, gross net of IBL 394,383,427.72 397,986,020.76 407,607,354.31 402,979,022.78 401,482,112.13 378,944,846.36 394,455,759.41 390,994,218.69 386,547,457.81 354,476,613.34 371,810,995.15 371,391,312.10  
  (1) TLP, gross 432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  (2) Interbank Loans Receivables (IBL) 38,184,488.34 40,308,718.28 31,902,714.94 37,020,372.18 37,846,889.60 33,489,032.95 39,957,229.19 41,672,371.55 37,468,837.86 39,055,809.73 38,624,302.87 50,523,721.33  
  Net NPL Ratio 0.02 0.03 0.24 0.16 0.20 0.03 0.11 0.10 0.17 (0.02) (0.11) (0.31)  
  NPL, net of Specific ACL 69,667.90 153,163.12 1,047,832.37 705,495.23 899,865.94 133,307.37 462,261.28 439,838.76 721,473.95 (77,523.23) (432,149.22) (1,321,971.08)  
  (1) Gross NPL 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  (2) Specific ACL 10,041,459.57 9,863,494.63 9,972,267.69 10,122,503.83 9,992,618.80 10,455,132.54 10,097,080.72 10,455,524.45 9,890,760.52 9,054,346.13 9,512,456.30 10,157,489.61  
  TLP, gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  NPL Coverage Ratio 146.79 145.82 132.94 136.34 135.82 138.95 140.82 135.57 140.09 149.83 150.94 158.74  
  ACL - TLP 14,842,385.99 14,606,664.08 14,650,172.19 14,762,758.78 14,793,638.28 14,712,210.59 14,869,522.95 14,770,836.18 14,866,730.54 13,450,175.04 13,705,655.65 14,025,079.51  
  Gross NPL 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  NPA to Gross Assets  2.35 2.30 2.44 2.34 2.33 2.27 2.23 2.20 2.15 2.05 1.97 1.92  
  Non-Performing Assets (NPA) 19,374,871.51 19,215,003.24 20,319,522.94 20,149,700.95 20,213,511.03 20,154,822.62 20,045,774.44 20,441,567.14 19,845,996.75 16,742,174.66 16,941,358.82 16,610,945.33  
  (1) Gross NPL 10,111,127.47 10,016,657.76 11,020,100.07 10,827,999.07 10,892,484.74 10,588,439.90 10,559,342.00 10,895,363.21 10,612,234.47 8,976,822.90 9,080,307.08 8,835,518.53  
  (2) ROPA, gross 9,263,744.03 9,198,345.49 9,299,422.87 9,321,701.88 9,321,026.29 9,566,382.72 9,486,432.44 9,546,203.93 9,233,762.28 7,765,351.77 7,861,051.74 7,775,426.80  
  (a) Real and Other Properties Acquired (ROPA) 8,233,740.18 8,225,279.07 8,347,111.55 8,357,721.77 8,284,511.55 8,571,215.42 8,596,465.66 8,606,873.03 8,318,015.98 6,873,949.09 6,978,482.61 6,758,656.97  
  (b) Non-Current Assets Held for Sale 337,202.22 336,577.53 333,022.57 333,022.57 335,685.27 333,739.92 235,787.56 235,447.65 235,447.65 235,447.65 235,447.65 235,447.65  
  (c) Non-Performing Sales Contract Receivables (SCR) 692,801.63 636,488.88 619,288.75 630,957.54 700,829.46 661,427.38 654,179.23 703,883.25 680,298.65 655,955.03 647,121.48 781,322.18  
  Gross Assets 823,138,461.01 835,531,234.48 834,172,008.89 861,598,112.08 867,472,975.95 889,502,962.21 898,027,565.22 930,571,875.87 924,665,855.62 816,595,462.86 859,313,896.64 867,014,415.75  
  (1) Total Assets 806,229,280.94 818,638,255.19 817,602,106.27 844,898,254.29 850,735,437.74 872,742,652.77 881,088,350.33 913,713,237.34 907,693,961.67 801,129,451.64 843,579,534.77 850,867,999.51  
  (2) Allowance on NPA 16,909,180.07 16,892,979.29 16,569,902.62 16,699,857.79 16,737,538.21 16,760,309.44 16,939,214.88 16,858,638.53 16,971,893.95 15,466,011.21 15,734,361.87 16,146,416.24  
  NPA Coverage Ratio 87.27 87.92 81.55 82.88 82.80 83.16 84.50 82.47 85.52 92.38 92.88 97.20  
  Allowance on NPA 16,909,180.07 16,892,979.29 16,569,902.62 16,699,857.79 16,737,538.21 16,760,309.44 16,939,214.88 16,858,638.53 16,971,893.95 15,466,011.21 15,734,361.87 16,146,416.24  
  NPA 19,374,871.51 19,215,003.24 20,319,522.94 20,149,700.95 20,213,511.03 20,154,822.62 20,045,774.44 20,441,567.14 19,845,996.75 16,742,174.66 16,941,358.82 16,610,945.33  
  Distressed Assets Ratio 4.96 4.88 4.92 4.88 4.88 5.18 4.92 5.03 4.98 4.59 4.43 4.23  
  Distressed Assets 22,003,837.65 21,943,271.53 22,151,438.85 22,030,212.69 21,977,776.08 21,965,778.58 21,935,934.91 22,311,497.04 21,662,929.19 18,488,040.71 18,604,273.40 18,224,470.45  
  NPA 19,374,871.51 19,215,003.24 20,319,522.94 20,149,700.95 20,213,511.03 20,154,822.62 20,045,774.44 20,441,567.14 19,845,996.75 16,742,174.66 16,941,358.82 16,610,945.33  
  RL, Performing 2,628,966.15 2,728,268.29 1,831,915.91 1,880,511.74 1,764,265.05 1,810,955.96 1,890,160.47 1,869,929.90 1,816,932.43 1,745,866.05 1,662,914.58 1,613,525.12  
  TLP, gross  432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  Total ROPA 11,021,354.21 10,969,234.46 11,064,857.44 11,027,394.87 11,061,649.95 11,314,496.46 11,182,381.98 11,143,669.21 10,842,344.38 9,083,765.02 9,174,705.20 9,142,991.13  
  (1) ROPA, gross 9,263,744.03 9,198,345.49 9,299,422.87 9,321,701.88 9,321,026.29 9,566,382.72 9,486,432.44 9,546,203.93 9,233,762.28 7,765,351.77 7,861,051.74 7,775,426.80  
  (2) Performing SCR 1,757,610.17 1,770,888.97 1,765,434.58 1,705,692.98 1,740,623.66 1,748,113.74 1,695,949.55 1,597,465.28 1,608,582.10 1,318,413.25 1,313,653.46 1,367,564.32  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 31.57 34.43 33.17 30.26 32.57 39.79 34.01 35.71 37.92 35.76 37.46 39.00  
  Cash and Due from Banks   162,694,448.34 176,837,607.86 172,935,186.20 166,501,307.95 180,710,911.20 237,404,110.43 210,372,121.14 227,508,730.24 240,261,385.81 198,925,830.49 221,439,971.78 228,072,265.85  
  Deposits 515,385,803.80 513,663,139.25 521,389,358.39 550,287,858.61 554,804,713.40 596,593,933.72 618,507,221.66 637,015,929.39 633,625,646.16 556,334,853.36 591,087,171.27 584,852,441.96  
  (2) Liquid Assets to Deposits Ratio 65.54 66.00 64.07 66.66 66.15 70.20 65.54 68.78 70.45 67.40 67.56 67.46  
  Liquid Assets, sum of: 337,768,561.25 339,022,556.56 334,067,664.70 366,819,690.46 366,997,036.01 418,812,861.95 405,378,994.15 438,139,712.93 446,382,414.87 374,950,488.53 399,321,249.40 394,567,590.97  
  (1) Cash and Due from Banks 162,694,448.34 176,837,607.86 172,935,186.20 166,501,307.95 180,710,911.20 237,404,110.43 210,372,121.14 227,508,730.24 240,261,385.81 198,925,830.49 221,439,971.78 228,072,265.85  
  (2) Financial Assets, net (excl. equity investments) 175,074,112.91 162,184,948.70 161,132,478.50 200,318,382.52 186,286,124.82 181,408,751.52 195,006,873.02 210,630,982.70 206,121,029.06 176,024,658.04 177,881,277.62 166,495,325.12  
  Deposits 515,385,803.80 513,663,139.25 521,389,358.39 550,287,858.61 554,804,713.40 596,593,933.72 618,507,221.66 637,015,929.39 633,625,646.16 556,334,853.36 591,087,171.27 584,852,441.96  
  (3) Loans (gross) to Deposits 83.93 85.33 84.30 79.96 79.19 69.13 70.24 67.92 66.92 70.74 69.44 72.14  
  Loans (gross) 432,567,916.07 438,294,739.04 439,510,069.25 439,999,394.96 439,329,001.73 412,433,879.32 434,412,988.60 432,666,590.23 424,016,295.67 393,532,423.07 410,435,298.02 421,915,033.42  
  Deposits 515,385,803.80 513,663,139.25 521,389,358.39 550,287,858.61 554,804,713.40 596,593,933.72 618,507,221.66 637,015,929.39 633,625,646.16 556,334,853.36 591,087,171.27 584,852,441.96  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.45 1.39 1.38 1.10  
  Annualized Net Profit or Loss  12,093,801.04 11,983,835.65 11,762,703.66 9,003,362.32  
  Average Assets 834,507,854.59 861,773,132.86 855,461,376.81 819,792,829.44  
  Total Assets (last year) 851,413,602.92 850,803,612.96 803,228,791.95 788,717,659.37  
  Total Assets (current year) 817,602,106.27 872,742,652.77 907,693,961.67 850,867,999.51  
  (2) Return on Equity (ROE) 8.53 8.40 8.61 6.92  
  Annualized Net Profit or Loss  12,093,801.04 11,983,835.65 11,762,703.66 9,003,362.32  
  Average Capital 141,792,933.69 142,721,446.36 136,692,194.47 130,122,967.61  
  Total Capital (last year) 139,471,759.51 141,246,273.59 129,139,609.29 136,535,714.87  
  Total Capital (current year) 144,114,107.86 144,196,619.13 144,244,779.66 123,710,220.35  
  (3) Earning Asset Yield 4.46 4.00 4.28 4.08  
  Annualized Interest Income 34,199,417.71 32,016,421.83 34,284,212.80 31,379,958.43  
  Average Earning Assets 766,493,181.36 801,073,263.09 801,602,172.60 769,475,501.93  
  Earning Assets (last year) 775,905,887.96 784,574,610.67 743,226,718.24 730,104,592.44  
  Earning Assets (current year) 757,080,474.76 817,571,915.50 859,977,626.95 808,846,411.43  
  (4) Funding Cost 1.52 1.31 1.20 1.07  
  Annualized Interest Expense 8,974,633.14 8,184,219.56 7,420,527.74 6,161,260.33  
  Average Interest Bearing Liabilities 588,720,615.26 624,640,963.77 616,586,095.40 573,911,512.96  
  Interest Bearing Liabilities (last year) 625,298,758.31 615,512,078.58 562,453,199.94 537,196,925.19  
  Interest Bearing Liabilities (current year) 552,142,472.21 633,769,848.95 670,718,990.86 610,626,100.72  
  (5) Interest Spread 2.94 2.69 3.07 3.00  
  (3) Earning Asset Yield 4.46 4.00 4.28 4.08  
  (4) Funding Cost 1.52 1.31 1.20 1.07  
  (6) Net Interest Margin 3.26 2.94 3.32 3.25  
  Annualized Net Interest Income 25,004,314.33 23,568,637.39 26,601,566.81 24,994,038.42  
  Average Earning Assets 766,493,181.36 801,073,263.09 801,602,172.60 769,475,501.93  
  (7) Cost to Income Ratio 57.52 57.52 59.61 62.96  
  Annualized Non-Interest Expenses 25,421,881.33 25,246,154.27 28,378,346.33 27,933,916.02  
  Annualized Total Operating Income 44,197,917.93 43,888,153.64 47,606,709.68 44,364,370.65  
  (8) Net Interest Income to Total Operating Income 56.57 53.70 55.88 56.34  
  Annualized Net Interest Income  25,004,314.33 23,568,637.39 26,601,566.81 24,994,038.42  
  Annualized Total Operating Income 44,197,917.93 43,888,153.64 47,606,709.68 44,364,370.65  
  (9) Non-interest Income to Total Operating Income 43.43 46.30 44.12 43.66  
  Annualized Non-Interest Income 19,193,603.60 20,319,516.25 21,005,142.87 19,370,332.23  
  Annualized Total Operating Income 44,197,917.93 43,888,153.64 47,606,709.68 44,364,370.65  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 22.73 25.24 23.76 23.15  
  Capital Adequacy Ratio - Conso 22.34 24.82 23.23 22.76  
  Total Capital Accounts to Total Assets 17.44 16.98 17.63 17.28 17.61 16.52 16.77 15.67 15.89 15.83 14.95 14.54