7 Selected Performance Indicators                          
                             
                             
  Philippine Banking System                          
  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 3.90 3.84 3.76 3.80 3.80 3.68 3.67 3.72 3.57 3.55 3.42 3.03  
  Past Due Loans 162,493,337.85 159,219,125.44 157,790,461.69 161,388,507.67 162,457,699.92 160,354,012.79 160,284,791.40 164,787,685.48 161,924,112.56 161,649,295.81 159,902,615.85 148,187,438.89  
  Total Loan Portfolio (TLP), gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  RL to TLP 0.95 0.94 0.91 0.85 0.87 0.84 0.80 0.79 0.75 0.76 0.72 0.70  
  Restructured Loans (RL), gross 39,588,047.08 39,209,323.23 38,289,387.59 36,059,370.34 37,354,380.12 36,820,874.01 35,064,374.66 35,035,046.66 34,081,073.70 34,407,681.34 33,740,298.49 34,194,116.65  
  TLP, gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  Loan Loss Reserves (LLR) to TLP 3.80 3.75 3.74 3.75 3.76 3.70 3.71 3.65 3.55 3.54 3.36 3.29  
  Allowance for Credit Losses (ACL) - TLP 158,431,189.71 155,693,999.60 156,871,220.49 159,532,201.38 160,696,130.76 161,160,653.06 162,244,934.35 161,899,659.51 161,275,715.61 161,132,241.02 157,163,951.96 160,874,032.37  
  TLP, gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  Gross NPL Ratio 3.48 3.45 3.42 3.41 3.42 3.32 3.33 3.32 3.21 3.21 3.04 2.77  
  Gross Non-Performing Loans (NPL) 145,014,148.69 142,971,284.15 143,533,100.83 145,069,312.25 146,213,134.29 144,667,392.97 145,519,494.42 147,250,457.76 145,927,636.90 145,891,821.37 142,078,887.02 135,543,003.36  
  TLP, gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  Gross NPL Ratio, net of IBL 3.59 3.54 3.51 3.52 3.51 3.40 3.41 3.40 3.30 3.28 3.13 2.86  
  Gross NPL, net of NP IBL 144,183,098.18 142,126,833.32 142,639,785.23 144,025,311.71 145,051,436.10 143,416,242.34 144,218,668.19 145,933,211.61 144,587,258.40 144,522,895.47 141,142,769.22 134,607,933.44  
  (1) Gross NPL 145,014,148.69 142,971,284.15 143,533,100.83 145,069,312.25 146,213,134.29 144,667,392.97 145,519,494.42 147,250,457.76 145,927,636.90 145,891,821.37 142,078,887.02 135,543,003.36  
  (2) Non-performing IBL 831,050.51 844,450.83 893,315.59 1,044,000.54 1,161,698.19 1,251,150.63 1,300,826.23 1,317,246.15 1,340,378.50 1,368,925.90 936,117.80 935,069.92  
  TLP, gross net of IBL 4,012,588,080.54 4,009,885,025.96 4,059,284,795.52 4,088,624,289.45 4,129,169,735.46 4,216,352,360.15 4,230,455,150.54 4,287,822,292.03 4,379,303,575.09 4,399,891,966.11 4,512,420,125.77 4,711,882,837.25  
  (1) TLP, gross 4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  (2) Interbank Loans Receivables (IBL) 155,473,597.62 140,174,245.08 134,471,225.62 163,013,657.61 144,890,955.92 142,110,191.51 140,685,763.55 144,611,593.45 160,267,798.57 150,325,347.55 158,725,531.37 185,067,386.35  
  Net NPL Ratio 0.84 0.85 0.87 0.85 0.85 0.79 0.81 0.84 0.82 0.80 0.78 0.58  
  NPL, net of Specific ACL 34,955,128.18 35,324,632.26 36,562,963.35 36,085,638.48 36,307,744.83 34,303,312.25 35,546,590.71 37,260,490.02 37,451,022.17 36,559,628.83 36,273,595.63 28,590,039.65  
  (1) Gross NPL 145,014,148.69 142,971,284.15 143,533,100.83 145,069,312.25 146,213,134.29 144,667,392.97 145,519,494.42 147,250,457.76 145,927,636.90 145,891,821.37 142,078,887.02 135,543,003.36  
  (2) Specific ACL 110,059,020.52 107,646,651.89 106,970,137.47 108,983,673.77 109,905,389.46 110,364,080.72 109,972,903.71 109,989,967.74 108,476,614.74 109,332,192.54 105,805,291.39 106,952,963.71  
  TLP, gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  NPL Coverage Ratio 109.25 108.90 109.29 109.97 109.91 111.40 111.49 109.95 110.52 110.45 110.62 118.69  
  ACL - TLP 158,431,189.71 155,693,999.60 156,871,220.49 159,532,201.38 160,696,130.76 161,160,653.06 162,244,934.35 161,899,659.51 161,275,715.61 161,132,241.02 157,163,951.96 160,874,032.37  
  Gross NPL 145,014,148.69 142,971,284.15 143,533,100.83 145,069,312.25 146,213,134.29 144,667,392.97 145,519,494.42 147,250,457.76 145,927,636.90 145,891,821.37 142,078,887.02 135,543,003.36  
  NPA to Gross Assets  3.41 3.38 3.31 3.31 3.23 3.11 3.01 3.03 2.94 2.95 2.74 2.61  
  Non-Performing Assets (NPA) 276,243,753.59 274,313,845.70 274,604,588.29 275,705,582.74 276,000,729.49 274,364,046.16 274,435,269.69 276,733,458.76 274,131,494.71 274,661,864.32 270,775,565.71 264,810,100.88  
  (1) Gross NPL 145,014,148.69 142,971,284.15 143,533,100.83 145,069,312.25 146,213,134.29 144,667,392.97 145,519,494.42 147,250,457.76 145,927,636.90 145,891,821.37 142,078,887.02 135,543,003.36  
  (2) ROPA, gross 131,229,604.89 131,342,561.54 131,071,487.46 130,636,270.49 129,787,595.21 129,696,653.19 128,915,775.27 129,483,001.00 128,203,857.81 128,770,042.95 128,696,678.69 129,267,097.52  
  (a) Real and Other Properties Acquired (ROPA) 113,566,120.22 113,928,141.05 114,034,182.67 113,584,430.07 112,710,805.78 112,440,931.56 111,612,121.52 111,143,804.41 111,059,212.34 117,350,285.96 117,437,565.93 118,374,265.10  
  (b) Non-Current Assets Held for Sale 11,651,974.66 11,299,261.24 11,145,836.06 11,252,291.36 11,272,811.11 11,435,709.03 11,328,849.63 11,429,932.62 11,025,193.27 5,020,725.61 5,143,768.98 4,496,604.70  
  (c) Non-Performing Sales Contract Receivables (SCR) 6,011,510.01 6,115,159.26 5,891,468.74 5,799,549.07 5,803,978.32 5,820,012.60 5,974,804.11 6,909,263.98 6,119,452.20 6,399,031.39 6,115,343.78 6,396,227.72  
  Gross Assets 8,107,536,232.54 8,125,177,849.47 8,306,931,491.16 8,332,679,511.86 8,536,776,034.71 8,808,245,968.29 9,125,107,260.03 9,147,919,342.98 9,326,237,116.47 9,310,818,484.03 9,878,717,966.90 10,164,207,203.80  
  (1) Total Assets 7,918,602,627.01 7,939,153,795.84 8,119,448,023.62 8,142,273,062.15 8,345,552,369.92 8,616,529,916.52 8,932,393,261.37 8,955,947,100.77 9,134,604,557.11 9,117,899,713.44 9,689,635,539.38 9,970,839,104.20  
  (2) Allowance on NPA 188,933,605.53 186,024,053.63 187,483,467.53 190,406,449.71 191,223,664.79 191,716,051.77 192,713,998.66 191,972,242.21 191,632,559.36 192,918,770.60 189,082,427.52 193,368,099.59  
  NPA Coverage Ratio 68.39 67.81 68.27 69.06 69.28 69.88 70.22 69.37 69.91 70.24 69.83 73.02  
  Allowance on NPA 188,933,605.53 186,024,053.63 187,483,467.53 190,406,449.71 191,223,664.79 191,716,051.77 192,713,998.66 191,972,242.21 191,632,559.36 192,918,770.60 189,082,427.52 193,368,099.59  
  NPA 276,243,753.59 274,313,845.70 274,604,588.29 275,705,582.74 276,000,729.49 274,364,046.16 274,435,269.69 276,733,458.76 274,131,494.71 274,661,864.32 270,775,565.71 264,810,100.88  
  Distressed Assets Ratio 6.90 6.88 6.79 6.72 6.68 6.49 6.46 6.41 6.21 6.22 6.00 5.63  
  Distressed Assets 297,779,978.86 295,628,228.15 294,485,140.72 295,486,719.09 295,201,205.39 292,066,593.91 291,608,970.13 293,345,759.32 290,774,448.13 292,019,083.94 288,529,844.96 283,759,529.08  
  NPA 276,243,753.59 274,313,845.70 274,604,588.29 275,705,582.74 276,000,729.49 274,364,046.16 274,435,269.69 276,733,458.76 274,131,494.71 274,661,864.32 270,775,565.71 264,810,100.88  
  RL, Performing 21,536,225.27 21,314,382.45 19,880,552.43 19,781,136.35 19,200,475.90 17,702,547.75 17,173,700.44 16,612,300.55 16,642,953.42 17,357,219.62 17,754,279.25 18,949,428.20  
  TLP, gross  4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  Total ROPA 145,895,200.22 145,621,597.77 144,991,393.16 144,366,609.57 143,180,086.45 143,063,084.38 142,001,408.92 141,399,554.92 140,757,777.02 141,362,619.69 141,268,087.70 142,292,683.22  
  (1) ROPA, gross 131,229,604.89 131,342,561.54 131,071,487.46 130,636,270.49 129,787,595.21 129,696,653.19 128,915,775.27 129,483,001.00 128,203,857.81 128,770,042.95 128,696,678.69 129,267,097.52  
  (2) Performing SCR 14,665,595.33 14,279,036.22 13,919,905.70 13,730,339.07 13,392,491.24 13,366,431.20 13,085,633.65 11,916,553.91 12,553,919.21 12,592,576.74 12,571,409.01 13,025,585.70  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 25.40 25.41 26.61 25.77 26.91 28.28 30.87 29.89 30.98 30.55 34.10 33.56  
  Cash and Due from Banks   1,423,476,611.32 1,429,589,501.21 1,522,816,076.31 1,492,776,449.95 1,618,210,269.87 1,796,344,738.74 2,061,807,516.38 2,002,261,515.75 2,130,031,346.45 2,104,872,792.56 2,520,489,328.14 2,553,262,139.36  
  Deposits 5,604,668,134.88 5,625,515,353.76 5,722,893,157.12 5,792,528,666.06 6,012,953,704.65 6,351,705,103.49 6,678,788,347.47 6,699,245,714.00 6,876,218,689.80 6,889,122,147.09 7,391,104,528.66 7,608,868,021.30  
  (2) Liquid Assets to Deposits Ratio 58.09 57.58 58.80 57.78 58.31 57.96 59.86 59.20 58.77 58.48 60.37 59.47  
  Liquid Assets, sum of: 3,255,603,573.86 3,239,072,932.16 3,365,335,154.58 3,346,965,671.14 3,506,381,470.36 3,681,147,240.74 3,997,649,547.04 3,966,130,104.99 4,041,180,963.21 4,028,439,307.43 4,461,730,276.18 4,524,702,082.41  
  (1) Cash and Due from Banks 1,423,476,611.32 1,429,589,501.21 1,522,816,076.31 1,492,776,449.95 1,618,210,269.87 1,796,344,738.74 2,061,807,516.38 2,002,261,515.75 2,130,031,346.45 2,104,872,792.56 2,520,489,328.14 2,553,262,139.36  
  (2) Financial Assets, net (excl. equity investments) 1,832,126,962.54 1,809,483,430.95 1,842,519,078.26 1,854,189,221.18 1,888,171,200.50 1,884,802,501.99 1,935,842,030.66 1,963,868,589.24 1,911,149,616.76 1,923,566,514.87 1,941,240,948.04 1,971,439,943.05  
  Deposits 5,604,668,134.88 5,625,515,353.76 5,722,893,157.12 5,792,528,666.06 6,012,953,704.65 6,351,705,103.49 6,678,788,347.47 6,699,245,714.00 6,876,218,689.80 6,889,122,147.09 7,391,104,528.66 7,608,868,021.30  
  (3) Loans (gross) to Deposits 74.37 73.77 73.28 73.40 71.08 68.62 65.45 66.16 66.02 66.05 63.20 64.36  
  Loans (gross) 4,168,061,678.16 4,150,059,271.04 4,193,756,021.14 4,251,637,947.07 4,274,060,691.38 4,358,462,551.66 4,371,140,914.08 4,432,433,885.48 4,539,571,373.66 4,550,217,313.66 4,671,145,657.15 4,896,950,223.59  
  Deposits 5,604,668,134.88 5,625,515,353.76 5,722,893,157.12 5,792,528,666.06 6,012,953,704.65 6,351,705,103.49 6,678,788,347.47 6,699,245,714.00 6,876,218,689.80 6,889,122,147.09 7,391,104,528.66 7,608,868,021.30  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.98 1.98 1.90 1.61  
  Annualized Net Profit or Loss  151,097,392.14 158,473,502.46 158,645,703.31 144,646,059.51  
  Average Assets 7,645,594,593.84 8,013,233,232.36 8,349,061,027.36 9,010,281,287.64  
  Total Assets (last year) 7,171,741,164.05 7,409,936,548.20 7,563,517,497.62 8,049,723,471.07  
  Total Assets (current year) 8,119,448,023.62 8,616,529,916.52 9,134,604,557.11 9,970,839,104.20  
  (2) Return on Equity (ROE) 14.34 15.35 14.75 13.29  
  Annualized Net Profit or Loss  151,097,392.14 158,473,502.46 158,645,703.31 144,646,059.51  
  Average Capital 1,053,680,632.78 1,032,166,238.10 1,075,730,138.34 1,088,628,893.97  
  Total Capital (last year) 937,959,647.33 946,948,947.73 1,017,031,319.70 1,051,450,308.54  
  Total Capital (current year) 1,169,401,618.23 1,117,383,528.46 1,134,428,956.98 1,125,807,479.39  
  (3) Earning Asset Yield 5.24 4.95 4.75 4.46  
  Annualized Interest Income 358,839,872.06 358,764,789.17 360,853,281.61 366,726,188.61  
  Average Earning Assets 6,848,807,811.79 7,241,088,149.99 7,594,909,506.33 8,224,914,745.09  
  Earning Assets (last year) 6,414,929,444.91 6,656,038,000.18 6,818,811,711.90 7,260,851,983.62  
  Earning Assets (current year) 7,282,686,178.68 7,826,138,299.80 8,371,007,300.75 9,188,977,506.55  
  (4) Funding Cost 1.80 1.61 1.44 1.24  
  Annualized Interest Expense 109,473,446.17 104,417,060.98 97,093,629.04 91,427,683.53  
  Average Interest Bearing Liabilities 6,070,131,935.43 6,472,721,834.73 6,727,983,161.38 7,345,498,902.50  
  Interest Bearing Liabilities (last year) 5,775,420,116.93 5,975,835,723.81 6,008,220,717.88 6,412,136,255.67  
  Interest Bearing Liabilities (current year) 6,364,843,753.94 6,969,607,945.66 7,447,745,604.88 8,278,861,549.34  
  (5) Interest Spread 3.44 3.34 3.31 3.21  
  (3) Earning Asset Yield 5.24 4.95 4.75 4.46  
  (4) Funding Cost 1.80 1.61 1.44 1.24  
  (6) Net Interest Margin 3.64 3.51 3.47 3.34  
  Annualized Net Interest Income 249,212,852.27 254,117,110.33 263,668,399.26 274,946,787.02  
  Average Earning Assets 6,848,807,811.79 7,241,088,149.99 7,594,909,506.33 8,224,914,745.09  
  (7) Cost to Income Ratio 59.44 58.74 58.69 60.28  
  Annualized Non-Interest Expenses 260,901,867.62 265,652,236.45 266,993,186.22 271,405,661.83  
  Annualized Total Operating Income 438,908,009.56 452,263,016.75 454,936,215.72 450,246,176.82  
  (8) Net Interest Income to Total Operating Income 56.78 56.19 57.96 61.07  
  Annualized Net Interest Income  249,212,852.27 254,117,110.33 263,668,399.26 274,946,787.02  
  Annualized Total Operating Income 438,908,009.56 452,263,016.75 454,936,215.72 450,246,176.82  
  (9) Non-interest Income to Total Operating Income 43.22 43.81 42.04 38.93  
  Annualized Non-Interest Income 189,695,157.29 198,145,906.42 191,267,816.46 175,299,389.81  
  Annualized Total Operating Income 438,908,009.56 452,263,016.75 454,936,215.72 450,246,176.82  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 17.85 18.01 17.61 16.58  
  Total Capital Accounts to Total Assets 13.73 14.01 14.41 14.58 13.98 12.97 12.83 12.49 12.42 12.77 11.94 11.29