43 Selected Performance Indicators                          
                             
                             
  Thrift 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 6.82 6.67 6.53 6.52 6.49 6.34 6.37 6.49 6.33 6.27 6.22 5.80  
  Past Due Loans 29,371,916.57 28,982,645.65 28,674,323.75 29,487,178.62 29,819,454.15 29,704,992.73 30,564,570.62 31,528,299.95 31,048,805.46 31,177,952.38 31,584,559.66 29,455,816.12  
  Total Loan Portfolio (TLP), gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  RL to TLP 0.96 0.95 0.92 0.91 0.89 0.86 0.86 0.86 0.87 0.86 0.85 0.82  
  Restructured Loans (RL), gross 4,144,105.65 4,115,481.10 4,019,146.76 4,133,676.16 4,077,438.23 4,032,422.30 4,117,148.32 4,174,923.87 4,284,894.84 4,285,378.98 4,294,116.40 4,154,611.93  
  TLP, gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  Loan Loss Reserves (LLR) to TLP 4.26 4.27 4.32 4.36 4.36 4.29 4.25 4.23 4.12 4.11 3.99 3.96  
  Allowance for Credit Losses (ACL) - TLP 18,367,680.16 18,538,298.26 18,964,466.02 19,693,189.29 20,019,684.13 20,126,530.21 20,367,191.74 20,537,517.93 20,198,571.79 20,400,594.77 20,271,986.07 20,106,537.28  
  TLP, gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  Gross NPL Ratio 6.30 6.25 6.13 6.02 6.01 5.94 6.00 6.05 5.89 5.86 5.82 5.46  
  Gross Non-Performing Loans (NPL) 27,138,480.84 27,155,868.99 26,926,363.14 27,208,988.91 27,595,047.49 27,843,750.01 28,793,018.53 29,412,403.14 28,894,973.78 29,140,420.12 29,537,355.74 27,728,713.17  
  TLP, gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  Gross NPL Ratio, net of IBL 6.36 6.31 6.20 6.06 6.05 5.96 6.02 6.07 5.90 5.88 5.83 5.45  
  Gross NPL, net of NP IBL 27,060,746.74 27,076,794.63 26,837,470.14 27,023,741.75 27,405,879.48 27,654,582.01 28,603,850.52 29,223,235.14 28,705,805.78 28,951,252.12 29,348,187.73 27,530,045.17  
  (1) Gross NPL 27,138,480.84 27,155,868.99 26,926,363.14 27,208,988.91 27,595,047.49 27,843,750.01 28,793,018.53 29,412,403.14 28,894,973.78 29,140,420.12 29,537,355.74 27,728,713.17  
  (2) Non-performing IBL 77,734.10 79,074.36 88,893.00 185,247.16 189,168.00 189,168.00 189,168.00 189,168.00 189,168.00 189,168.00 189,168.00 198,668.00  
  TLP, gross net of IBL 425,316,384.26 428,778,619.99 432,552,684.00 445,610,571.01 453,320,729.26 463,939,305.27 475,085,684.12 481,262,321.57 486,626,728.43 492,194,682.53 503,580,910.27 505,220,048.09  
  (1) TLP, gross 430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  (2) Interbank Loans Receivables (IBL) 5,551,555.36 5,491,895.59 6,688,060.87 6,501,251.29 6,110,187.06 4,891,978.05 4,507,288.00 4,556,713.09 4,078,236.08 4,713,606.74 4,259,967.81 2,978,487.37  
  Net NPL Ratio 2.93 2.91 2.79 2.62 2.63 2.63 2.75 2.82 2.67 2.66 2.72 2.42  
  NPL, net of Specific ACL 12,621,278.18 12,635,188.37 12,244,886.56 11,863,820.23 12,064,589.96 12,316,250.61 13,171,440.59 13,678,657.07 13,087,801.50 13,212,794.37 13,830,403.02 12,290,996.69  
  (1) Gross NPL 27,138,480.84 27,155,868.99 26,926,363.14 27,208,988.91 27,595,047.49 27,843,750.01 28,793,018.53 29,412,403.14 28,894,973.78 29,140,420.12 29,537,355.74 27,728,713.17  
  (2) Specific ACL 14,517,202.66 14,520,680.62 14,681,476.58 15,345,168.68 15,530,457.53 15,527,499.40 15,621,577.93 15,733,746.08 15,807,172.28 15,927,625.75 15,706,952.71 15,437,716.48  
  TLP, gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  NPL Coverage Ratio 67.68 68.27 70.43 72.38 72.55 72.28 70.74 69.83 69.90 70.01 68.63 72.51  
  ACL - TLP 18,367,680.16 18,538,298.26 18,964,466.02 19,693,189.29 20,019,684.13 20,126,530.21 20,367,191.74 20,537,517.93 20,198,571.79 20,400,594.77 20,271,986.07 20,106,537.28  
  Gross NPL 27,138,480.84 27,155,868.99 26,926,363.14 27,208,988.91 27,595,047.49 27,843,750.01 28,793,018.53 29,412,403.14 28,894,973.78 29,140,420.12 29,537,355.74 27,728,713.17  
  NPA to Gross Assets  6.97 6.76 6.73 6.66 6.62 6.29 6.09 6.22 6.19 6.14 6.14 5.94  
  Non-Performing Assets (NPA) 45,560,462.74 45,648,134.25 45,460,471.91 45,752,870.39 45,770,965.87 46,172,724.10 46,580,304.39 47,113,827.99 46,864,623.61 47,504,760.03 48,059,684.97 47,209,406.72  
  (1) Gross NPL 27,138,480.84 27,155,868.99 26,926,363.14 27,208,988.91 27,595,047.49 27,843,750.01 28,793,018.53 29,412,403.14 28,894,973.78 29,140,420.12 29,537,355.74 27,728,713.17  
  (2) ROPA, gross 18,421,981.90 18,492,265.26 18,534,108.77 18,543,881.48 18,175,918.38 18,328,974.09 17,787,285.86 17,701,424.85 17,969,649.83 18,364,339.90 18,522,329.23 19,480,693.55  
  (a) Real and Other Properties Acquired (ROPA) 15,909,653.22 15,990,947.88 15,971,643.86 15,859,620.49 15,490,900.00 15,595,208.37 15,033,328.36 14,880,765.62 15,051,423.62 16,986,541.12 17,138,515.01 18,068,596.45  
  (b) Non-Current Assets Held for Sale 1,874,421.63 1,865,352.89 1,878,454.12 2,000,555.92 1,983,245.35 1,999,605.02 1,968,581.39 2,030,265.01 2,032,600.20 491,025.58 527,351.84 517,006.20  
  (c) Non-Performing Sales Contract Receivables (SCR) 637,907.05 635,964.49 684,010.79 683,705.07 701,773.03 734,160.69 785,376.12 790,394.21 885,626.01 886,773.20 856,462.39 895,090.90  
  Gross Assets 653,422,392.42 675,188,559.28 675,936,515.03 686,903,959.86 691,624,065.76 734,184,681.73 764,936,098.62 757,459,081.58 757,146,905.38 773,909,736.98 783,155,433.95 795,327,910.35  
  (1) Total Assets 631,964,657.99 653,606,812.99 653,943,198.83 663,915,101.96 668,534,045.60 710,970,142.52 741,558,937.31 733,937,957.04 733,563,522.58 749,638,506.78 758,996,437.27 771,379,809.96  
  (2) Allowance on NPA 21,457,734.43 21,581,746.29 21,993,316.20 22,988,857.90 23,090,020.16 23,214,539.21 23,377,161.31 23,521,124.54 23,583,382.80 24,271,230.20 24,158,996.68 23,948,100.39  
  NPA Coverage Ratio 47.10 47.28 48.38 50.25 50.45 50.28 50.19 49.92 50.32 51.09 50.27 50.73  
  Allowance on NPA 21,457,734.43 21,581,746.29 21,993,316.20 22,988,857.90 23,090,020.16 23,214,539.21 23,377,161.31 23,521,124.54 23,583,382.80 24,271,230.20 24,158,996.68 23,948,100.39  
  NPA 45,560,462.74 45,648,134.25 45,460,471.91 45,752,870.39 45,770,965.87 46,172,724.10 46,580,304.39 47,113,827.99 46,864,623.61 47,504,760.03 48,059,684.97 47,209,406.72  
  Distressed Assets Ratio 10.60 10.53 10.35 10.15 10.01 9.80 9.61 9.60 9.49 9.49 9.41 9.23  
  Distressed Assets 47,975,642.14 48,022,795.73 47,722,877.37 48,090,418.75 48,124,335.72 48,043,387.02 48,085,986.20 48,667,664.89 48,547,175.81 49,193,133.36 49,836,479.03 48,996,602.88  
  NPA 45,560,462.74 45,648,134.25 45,460,471.91 45,752,870.39 45,770,965.87 46,172,724.10 46,580,304.39 47,113,827.99 46,864,623.61 47,504,760.03 48,059,684.97 47,209,406.72  
  RL, Performing 2,415,179.40 2,374,661.48 2,262,405.46 2,337,548.36 2,353,369.85 1,870,662.92 1,505,681.80 1,553,836.90 1,682,552.20 1,688,373.33 1,776,794.05 1,787,196.17  
  TLP, gross  430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  Total ROPA 21,733,395.92 21,786,547.15 21,794,068.52 21,785,174.09 21,344,323.25 21,370,762.71 20,982,561.69 20,979,098.97 21,114,690.33 21,428,364.16 21,632,153.17 22,870,630.71  
  (1) ROPA, gross 18,421,981.90 18,492,265.26 18,534,108.77 18,543,881.48 18,175,918.38 18,328,974.09 17,787,285.86 17,701,424.85 17,969,649.83 18,364,339.90 18,522,329.23 19,480,693.55  
  (2) Performing SCR 3,311,414.03 3,294,281.89 3,259,959.74 3,241,292.60 3,168,404.87 3,041,788.62 3,195,275.82 3,277,674.12 3,145,040.51 3,064,024.25 3,109,823.93 3,389,937.17  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 16.79 17.82 20.11 17.97 18.53 23.25 25.39 23.41 23.12 24.44 23.87 25.75  
  Cash and Due from Banks   83,886,178.72 92,138,516.31 102,913,022.32 94,239,604.47 98,323,369.67 132,804,353.65 154,116,915.68 139,948,245.05 138,615,265.27 149,308,807.85 147,716,462.31 162,881,070.34  
  Deposits 499,583,453.17 516,929,220.88 511,695,721.81 524,464,152.54 530,658,476.18 571,174,984.47 606,984,509.80 597,788,305.98 599,473,733.51 610,805,909.18 618,784,515.39 632,431,038.92  
  (2) Liquid Assets to Deposits Ratio 32.39 34.66 34.33 33.57 32.78 35.68 37.48 35.69 34.71 35.84 35.05 36.29  
  Liquid Assets, sum of: 161,831,774.72 179,141,795.85 175,682,457.35 176,081,881.79 173,945,713.74 203,790,903.94 227,516,661.65 213,368,416.91 208,073,173.71 218,941,686.10 216,884,391.95 229,497,378.62  
  (1) Cash and Due from Banks 83,886,178.72 92,138,516.31 102,913,022.32 94,239,604.47 98,323,369.67 132,804,353.65 154,116,915.68 139,948,245.05 138,615,265.27 149,308,807.85 147,716,462.31 162,881,070.34  
  (2) Financial Assets, net (excl. equity investments) 77,945,596.00 87,003,279.54 72,769,435.03 81,842,277.33 75,622,344.07 70,986,550.29 73,399,745.97 73,420,171.86 69,457,908.44 69,632,878.25 69,167,929.65 66,616,308.28  
  Deposits 499,583,453.17 516,929,220.88 511,695,721.81 524,464,152.54 530,658,476.18 571,174,984.47 606,984,509.80 597,788,305.98 599,473,733.51 610,805,909.18 618,784,515.39 632,431,038.92  
  (3) Loans (gross) to Deposits 86.25 84.01 85.84 86.20 86.58 82.08 79.01 81.27 81.86 81.35 82.07 80.36  
  Loans (gross) 430,867,939.61 434,270,515.59 439,240,744.87 452,111,822.30 459,430,916.32 468,831,283.32 479,592,972.12 485,819,034.66 490,704,964.51 496,908,289.28 507,840,878.08 508,198,535.46  
  Deposits 499,583,453.17 516,929,220.88 511,695,721.81 524,464,152.54 530,658,476.18 571,174,984.47 606,984,509.80 597,788,305.98 599,473,733.51 610,805,909.18 618,784,515.39 632,431,038.92  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.76 1.71 1.68 1.36  
  Annualized Net Profit or Loss  11,092,717.06 11,369,337.20 11,256,599.93 9,796,164.92  
  Average Assets 629,778,849.04 666,810,270.96 670,887,049.32 718,774,028.33  
  Total Assets (last year) 605,614,499.26 622,650,399.40 608,210,576.05 666,168,246.70  
  Total Assets (current year) 653,943,198.83 710,970,142.52 733,563,522.58 771,379,809.96  
  (2) Return on Equity (ROE) 13.38 14.05 13.66 11.76  
  Annualized Net Profit or Loss  11,092,717.06 11,369,337.20 11,256,599.93 9,796,164.92  
  Average Capital 82,896,377.85 80,918,366.91 82,419,456.12 83,324,053.77  
  Total Capital (last year) 75,190,827.16 74,183,777.39 77,143,487.16 81,081,115.10  
  Total Capital (current year) 90,601,928.55 87,652,956.43 87,695,425.07 85,566,992.44  
  (3) Earning Asset Yield 8.00 7.49 7.55 7.11  
  Annualized Interest Income 46,376,914.44 46,513,569.72 47,315,149.84 47,720,877.32  
  Average Earning Assets 579,757,338.09 620,853,522.61 626,651,559.63 670,974,763.29  
  Earning Assets (last year) 556,789,278.60 575,641,725.83 561,572,766.75 613,715,283.02  
  Earning Assets (current year) 602,725,397.57 666,065,319.38 691,730,352.50 728,234,243.56  
  (4) Funding Cost 2.99 2.69 2.55 2.21  
  Annualized Interest Expense 15,687,412.02 15,115,352.61 14,474,646.52 13,557,282.08  
  Average Interest Bearing Liabilities 525,392,993.50 562,681,035.05 567,197,896.90 612,107,619.42  
  Interest Bearing Liabilities (last year) 510,648,615.96 526,742,218.28 510,849,020.62 562,551,417.66  
  Interest Bearing Liabilities (current year) 540,137,371.04 598,619,851.81 623,546,773.18 661,663,821.17  
  (5) Interest Spread 5.01 4.81 5.00 4.90  
  (3) Earning Asset Yield 8.00 7.49 7.55 7.11  
  (4) Funding Cost 2.99 2.69 2.55 2.21  
  (6) Net Interest Margin 5.28 5.04 5.23 5.08  
  Annualized Net Interest Income 30,613,143.93 31,312,806.09 32,766,338.26 34,076,236.28  
  Average Earning Assets 579,757,338.09 620,853,522.61 626,651,559.63 670,974,763.29  
  (7) Cost to Income Ratio 65.31 64.25 63.20 63.27  
  Annualized Non-Interest Expenses 29,869,803.78 31,187,550.12 31,544,237.33 32,265,512.09  
  Annualized Total Operating Income 45,737,933.81 48,538,928.77 49,912,461.42 50,995,945.75  
  (8) Net Interest Income to Total Operating Income 66.93 64.51 65.65 66.82  
  Annualized Net Interest Income  30,613,143.93 31,312,806.09 32,766,338.26 34,076,236.28  
  Annualized Total Operating Income 45,737,933.81 48,538,928.77 49,912,461.42 50,995,945.75  
  (9) Non-interest Income to Total Operating Income 33.07 35.49 34.35 33.18  
  Annualized Non-Interest Income 15,124,789.88 17,226,122.68 17,146,123.16 16,919,709.46  
  Annualized Total Operating Income 45,737,933.81 48,538,928.77 49,912,461.42 50,995,945.75  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 18.95 18.27 18.14 16.85  
  Total Capital Accounts to Total Assets 12.92 13.03 13.87 13.71 13.45 12.35 11.84 11.85 11.97 11.83 11.52 11.11