34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 2.74 2.74 3.29 2.95 3.00 3.09 3.04 3.30 3.37 3.16 3.18 3.73  
  Past Due Loans 11,259,039.27 11,045,304.43 12,878,290.01 12,798,119.64 12,701,669.28 12,872,275.69 12,909,665.80 14,477,145.27 13,671,518.74 13,269,755.39 13,398,158.76 14,403,020.64  
  Total Loan Portfolio (TLP), gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  RL to TLP 0.73 0.77 0.76 1.76 1.78 1.80 1.70 1.65 1.12 1.09 1.09 1.13  
  Restructured Loans (RL), gross 2,981,473.37 3,095,082.54 2,973,183.33 7,650,836.80 7,557,247.17 7,522,705.19 7,226,414.41 7,240,146.17 4,537,526.97 4,571,102.61 4,588,648.86 4,376,694.46  
  TLP, gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  Loan Loss Reserves (LLR) to TLP 3.34 3.37 4.06 3.68 3.76 3.68 3.68 3.65 3.87 3.76 3.77 4.09  
  Allowance for Credit Losses (ACL) - TLP 13,719,030.00 13,552,001.30 15,933,097.41 15,948,899.42 15,946,256.29 15,357,497.20 15,616,308.03 15,982,186.81 15,723,352.27 15,768,217.36 15,896,882.89 15,772,955.43  
  TLP, gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  Gross NPL Ratio 2.27 2.34 2.32 2.05 2.05 2.05 1.93 2.36 2.60 2.52 2.51 2.97  
  Gross Non-Performing Loans (NPL) 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  TLP, gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  Gross NPL Ratio, net of IBL 2.51 2.54 2.52 2.23 2.22 2.26 2.06 2.61 2.80 2.69 2.74 3.30  
  Gross NPL, net of NP IBL 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  (1) Gross NPL 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  (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 371,719,849.07 369,853,875.60 361,180,251.24 398,431,334.33 391,558,061.16 378,090,890.53 398,706,977.64 397,020,099.82 377,551,556.13 393,972,238.34 386,312,681.74 346,400,386.89  
  (1) TLP, gross 410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  (2) Interbank Loans Receivables (IBL) 39,208,181.52 32,549,128.48 30,781,809.47 35,452,318.22 32,495,006.48 38,944,292.76 25,891,489.46 41,264,662.07 28,493,273.72 25,759,049.48 35,408,203.08 39,352,072.73  
  Net NPL Ratio (0.21) (0.10) (0.87) (0.61) (0.81) (0.60) (0.78) (0.26) (0.30) (0.40) (0.38) 0.18  
  NPL, net of Specific ACL (846,546.59) (397,152.63) (3,416,114.45) (2,642,769.48) (3,423,746.38) (2,521,931.88) (3,318,810.79) (1,140,458.05) (1,207,239.88) (1,663,595.25) (1,599,552.88) 682,293.42  
  (1) Gross NPL 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  (2) Specific ACL 10,186,301.94 9,803,066.89 12,499,953.12 11,533,521.44 12,114,233.69 11,079,533.97 11,516,079.84 11,505,180.93 11,782,650.25 12,256,965.22 12,166,812.12 10,759,895.89  
  TLP, gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  NPL Coverage Ratio 146.89 144.08 175.40 179.39 183.49 179.46 190.51 154.20 148.68 148.85 150.44 137.85  
  ACL - TLP 13,719,030.00 13,552,001.30 15,933,097.41 15,948,899.42 15,946,256.29 15,357,497.20 15,616,308.03 15,982,186.81 15,723,352.27 15,768,217.36 15,896,882.89 15,772,955.43  
  Gross NPL 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  NPA to Gross Assets  1.94 1.94 1.88 1.82 1.87 1.81 1.73 1.90 1.94 1.86 1.86 2.07  
  Non-Performing Assets (NPA) 16,917,910.54 17,017,750.26 16,693,301.67 16,507,632.61 16,384,253.32 16,275,708.69 15,927,024.57 17,900,862.96 18,091,620.85 18,053,789.51 18,119,232.75 19,451,022.46  
  (1) Gross NPL 9,339,755.35 9,405,914.26 9,083,838.67 8,890,751.96 8,690,487.31 8,557,602.08 8,197,269.05 10,364,722.88 10,575,410.37 10,593,369.98 10,567,259.24 11,442,189.30  
  (2) ROPA, gross 7,578,155.19 7,611,836.00 7,609,462.99 7,616,880.65 7,693,766.02 7,718,106.60 7,729,755.53 7,536,140.08 7,516,210.48 7,460,419.54 7,551,973.51 8,008,833.15  
  (a) Real and Other Properties Acquired (ROPA) 6,754,096.41 6,778,019.05 6,762,612.17 6,785,055.91 6,837,335.15 6,776,669.64 6,756,739.73 6,624,353.59 6,655,768.94 6,623,180.67 6,726,719.05 7,203,509.29  
  (b) Non-Current Assets Held for Sale 235,447.65 235,447.65 235,447.65 227,676.54 220,004.35 265,824.86 243,860.01 235,898.45 233,138.56 224,075.12 224,075.12 198,944.68  
  (c) Non-Performing Sales Contract Receivables (SCR) 588,611.13 598,369.30 611,403.18 604,148.20 636,426.51 675,612.11 729,155.79 675,888.05 627,302.98 613,163.75 601,179.33 606,379.18  
  Gross Assets 871,067,490.70 877,096,944.61 885,804,477.03 906,845,396.41 875,304,778.65 900,389,716.63 919,157,414.61 943,645,471.61 931,258,922.50 971,464,573.25 973,205,883.96 941,810,762.09  
  (1) Total Assets 855,215,994.49 861,401,756.38 867,899,276.33 888,922,794.53 857,377,366.36 883,058,822.74 901,552,958.59 925,687,345.73 913,552,479.84 953,769,858.07 955,376,243.79 924,202,035.16  
  (2) Allowance on NPA 15,851,496.21 15,695,188.23 17,905,200.70 17,922,601.88 17,927,412.29 17,330,893.90 17,604,456.01 17,958,125.88 17,706,442.66 17,694,715.18 17,829,640.17 17,608,726.94  
  NPA Coverage Ratio 93.70 92.23 107.26 108.57 109.42 106.48 110.53 100.32 97.87 98.01 98.40 90.53  
  Allowance on NPA 15,851,496.21 15,695,188.23 17,905,200.70 17,922,601.88 17,927,412.29 17,330,893.90 17,604,456.01 17,958,125.88 17,706,442.66 17,694,715.18 17,829,640.17 17,608,726.94  
  NPA 16,917,910.54 17,017,750.26 16,693,301.67 16,507,632.61 16,384,253.32 16,275,708.69 15,927,024.57 17,900,862.96 18,091,620.85 18,053,789.51 18,119,232.75 19,451,022.46  
  Distressed Assets Ratio 4.40 4.51 4.54 5.08 5.15 5.22 5.00 5.29 5.02 4.86 4.93 5.47  
  Distressed Assets 18,479,335.68 18,545,146.50 18,198,230.10 22,498,132.59 22,280,387.11 22,225,935.49 21,685,329.17 23,653,659.42 20,821,854.02 20,833,255.71 21,213,081.99 21,603,745.28  
  NPA 16,917,910.54 17,017,750.26 16,693,301.67 16,507,632.61 16,384,253.32 16,275,708.69 15,927,024.57 17,900,862.96 18,091,620.85 18,053,789.51 18,119,232.75 19,451,022.46  
  RL, Performing 1,561,425.14 1,527,396.24 1,504,928.43 5,990,499.97 5,896,133.79 5,950,226.81 5,758,304.60 5,752,796.45 2,730,233.17 2,779,466.20 3,093,849.24 2,152,722.83  
  TLP, gross  410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  Total ROPA 9,006,508.92 9,005,535.81 8,957,623.26 8,947,436.69 8,956,820.67 8,925,004.48 8,877,467.79 8,794,672.10 8,782,535.65 8,787,513.20 8,897,240.55 9,426,135.98  
  (1) ROPA, gross 7,578,155.19 7,611,836.00 7,609,462.99 7,616,880.65 7,693,766.02 7,718,106.60 7,729,755.53 7,536,140.08 7,516,210.48 7,460,419.54 7,551,973.51 8,008,833.15  
  (2) Performing SCR 1,428,353.74 1,393,699.81 1,348,160.26 1,330,556.04 1,263,054.65 1,206,897.88 1,147,712.27 1,258,532.01 1,266,325.17 1,327,093.66 1,345,267.05 1,417,302.83  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 37.77 41.25 42.54 37.93 36.20 40.18 39.29 36.57 41.88 40.28 40.31 41.00  
  Cash and Due from Banks   229,193,486.69 258,182,432.28 268,798,405.97 242,574,148.95 226,253,203.97 256,492,694.87 255,978,284.31 242,102,454.68 283,456,560.38 276,713,727.16 271,040,517.63 269,152,435.58  
  Deposits 606,836,010.34 625,924,680.11 631,859,525.89 639,569,061.08 624,935,446.56 638,291,768.07 651,502,240.78 662,028,091.09 676,766,541.06 687,009,693.27 672,345,109.50 656,424,559.46  
  (2) Liquid Assets to Deposits Ratio 67.12 67.48 69.03 63.69 63.23 66.63 67.03 67.98 69.32 71.15 72.10 75.76  
  Liquid Assets, sum of: 407,301,272.88 422,380,582.87 436,194,561.13 407,329,149.44 395,165,792.93 425,283,548.07 436,728,129.35 450,073,183.47 469,143,126.10 488,775,309.60 484,748,341.29 497,300,865.24  
  (1) Cash and Due from Banks 229,193,486.69 258,182,432.28 268,798,405.97 242,574,148.95 226,253,203.97 256,492,694.87 255,978,284.31 242,102,454.68 283,456,560.38 276,713,727.16 271,040,517.63 269,152,435.58  
  (2) Financial Assets, net (excl. equity investments) 178,107,786.20 164,198,150.59 167,396,155.16 164,755,000.49 168,912,588.96 168,790,853.20 180,749,845.04 207,970,728.80 185,686,565.72 212,061,582.44 213,707,823.66 228,148,429.66  
  Deposits 606,836,010.34 625,924,680.11 631,859,525.89 639,569,061.08 624,935,446.56 638,291,768.07 651,502,240.78 662,028,091.09 676,766,541.06 687,009,693.27 672,345,109.50 656,424,559.46  
  (3) Loans (gross) to Deposits 67.72 64.29 62.03 67.84 67.86 65.34 65.17 66.20 60.00 61.10 62.72 58.77  
  Loans (gross) 410,928,030.59 402,403,004.08 391,962,060.70 433,883,652.55 424,053,067.64 417,035,183.29 424,598,467.11 438,284,761.89 406,044,829.85 419,731,287.82 421,720,884.81 385,752,459.62  
  Deposits 606,836,010.34 625,924,680.11 631,859,525.89 639,569,061.08 624,935,446.56 638,291,768.07 651,502,240.78 662,028,091.09 676,766,541.06 687,009,693.27 672,345,109.50 656,424,559.46  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.59 0.58 0.54 0.65  
  Annualized Net Profit or Loss  4,990,098.57 5,115,097.86 4,873,022.09 5,732,242.73  
  Average Assets 842,750,691.30 877,900,737.75 910,623,220.76 887,535,017.33  
  Total Assets (last year) 817,602,106.27 872,742,652.77 907,693,961.67 850,867,999.51  
  Total Assets (current year) 867,899,276.33 883,058,822.74 913,552,479.84 924,202,035.16  
  (2) Return on Equity (ROE) 3.67 3.70 3.53 4.07  
  Annualized Net Profit or Loss  4,990,098.57 5,115,097.86 4,873,022.09 5,732,242.73  
  Average Capital 135,857,223.21 138,061,075.61 138,123,175.30 140,908,849.69  
  Total Capital (last year) 144,114,107.86 144,196,619.13 144,244,779.66 123,710,220.35  
  Total Capital (current year) 127,600,338.56 131,925,532.10 132,001,570.95 158,107,479.04  
  (3) Earning Asset Yield 3.83 3.71 3.69 4.20  
  Annualized Interest Income 30,192,738.11 30,660,733.98 31,832,187.09 35,236,296.33  
  Average Earning Assets 788,852,705.47 826,722,979.69 863,169,443.68 838,188,570.16  
  Earning Assets (last year) 757,080,474.76 817,571,915.50 859,977,626.95 808,846,411.43  
  Earning Assets (current year) 820,624,936.19 835,874,043.88 866,361,260.40 867,530,728.89  
  (4) Funding Cost 0.80 0.73 0.84 1.04  
  Annualized Interest Expense 4,779,038.80 4,688,212.06 5,778,530.12 6,659,830.47  
  Average Interest Bearing Liabilities 600,747,523.59 645,977,119.71 684,295,162.55 642,778,968.67  
  Interest Bearing Liabilities (last year) 552,142,472.21 633,769,848.95 670,718,990.86 610,626,100.72  
  Interest Bearing Liabilities (current year) 649,352,574.97 658,184,390.47 697,871,334.24 674,931,836.63  
  (5) Interest Spread 3.03 2.98 2.84 3.17  
  (3) Earning Asset Yield 3.83 3.71 3.69 4.20  
  (4) Funding Cost 0.80 0.73 0.84 1.04  
  (6) Net Interest Margin 3.18 3.12 2.99 3.37  
  Annualized Net Interest Income 25,103,901.28 25,754,149.26 25,834,816.67 28,230,589.08  
  Average Earning Assets 788,852,705.47 826,722,979.69 863,169,443.68 838,188,570.16  
  (7) Cost to Income Ratio 70.06 70.35 70.77 71.13  
  Annualized Non-Interest Expenses 27,540,426.31 27,096,781.01 27,035,511.62 29,661,580.96  
  Annualized Total Operating Income 39,309,638.25 38,517,806.16 38,200,143.17 41,702,803.97  
  (8) Net Interest Income to Total Operating Income 63.86 66.86 67.63 67.69  
  Annualized Net Interest Income  25,103,901.28 25,754,149.26 25,834,816.67 28,230,589.08  
  Annualized Total Operating Income 39,309,638.25 38,517,806.16 38,200,143.17 41,702,803.97  
  (9) Non-interest Income to Total Operating Income 36.14 33.14 32.37 32.31  
  Annualized Non-Interest Income 14,205,736.98 12,763,656.91 12,365,326.50 13,472,214.88  
  Annualized Total Operating Income 39,309,638.25 38,517,806.16 38,200,143.17 41,702,803.97  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 22.74 24.88 24.22 17.83  
  Capital Adequacy Ratio - Conso 22.56 24.74 24.06 17.39  
  Total Capital Accounts to Total Assets 14.25 14.16 14.70 14.62 15.31 14.94 14.55 13.97 14.45 16.26 18.01 17.11