34 Selected Performance Indicators                          
                             
                             
  Commercial Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 3.80 3.61 3.41 3.44 3.77 2.94 2.74 2.78 2.83 2.73 2.72 2.69  
  Past Due Loans 14,512,463.13 13,170,234.85 13,270,227.86 12,913,302.32 13,569,794.20 11,275,413.40 11,191,801.75 11,634,646.76 12,122,124.75 11,910,925.32 11,968,431.46 12,171,216.27  
  Total Loan Portfolio (TLP), gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  RL to TLP 1.13 1.17 1.09 1.14 1.18 1.12 1.05 1.03 0.99 0.90 0.90 0.88  
  Restructured Loans (RL), gross 4,305,536.43 4,249,917.49 4,238,116.33 4,267,435.75 4,236,498.66 4,291,047.60 4,279,370.79 4,318,260.70 4,216,427.16 3,936,377.18 3,964,566.80 3,978,544.60  
  TLP, gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  Loan Loss Reserves (LLR) to TLP 4.10 4.34 4.12 4.48 4.70 3.83 3.70 3.62 3.51 3.40 3.38 3.25  
  Allowance for Credit Losses (ACL) - TLP 15,680,925.14 15,842,995.67 16,009,510.11 16,793,696.92 16,904,956.50 14,706,555.78 15,094,179.27 15,143,579.43 15,014,266.70 14,827,029.48 14,883,975.10 14,742,615.13  
  TLP, gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  Gross NPL Ratio 3.05 2.96 2.74 2.73 3.20 2.41 2.29 2.32 2.20 2.16 2.23 2.17  
  Gross Non-Performing Loans (NPL) 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  TLP, gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  Gross NPL Ratio, net of IBL 3.31 3.11 2.92 2.91 3.40 2.57 2.43 2.48 2.34 2.30 2.36 2.34  
  Gross NPL, net of NP IBL 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  (1) Gross NPL 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  (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 351,934,719.65 347,881,957.36 364,852,749.83 351,480,032.62 339,118,156.99 361,074,023.33 385,271,271.77 391,748,651.01 402,819,774.16 410,023,672.12 415,360,703.78 419,831,630.78  
  (1) TLP, gross 382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  (2) Interbank Loans Receivables (IBL) 30,211,794.35 16,825,980.97 23,874,569.93 23,535,073.69 20,932,783.44 22,786,528.61 23,166,200.57 26,323,687.84 25,074,652.47 25,534,180.62 24,956,430.88 33,142,194.61  
  Net NPL Ratio 0.23 (0.16) (0.07) (0.37) (0.22) (0.07) 0.21 0.40 0.03 0.17 0.27 0.35  
  NPL, net of Specific ACL 863,546.88 (594,407.96) (272,868.49) (1,403,166.16) (791,548.71) (262,112.91) 865,269.13 1,667,632.44 140,163.88 732,751.51 1,198,743.47 1,607,890.48  
  (1) Gross NPL 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  (2) Specific ACL 10,781,241.94 11,398,102.02 10,931,408.80 11,631,753.34 12,311,256.54 9,528,926.81 8,494,397.02 8,032,616.30 9,266,545.91 8,686,631.34 8,607,775.12 8,211,339.68  
  TLP, gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  NPL Coverage Ratio 134.66 146.64 150.20 164.18 146.75 158.70 161.27 156.12 159.61 157.41 151.78 150.14  
  ACL - TLP 15,680,925.14 15,842,995.67 16,009,510.11 16,793,696.92 16,904,956.50 14,706,555.78 15,094,179.27 15,143,579.43 15,014,266.70 14,827,029.48 14,883,975.10 14,742,615.13  
  Gross NPL 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  NPA to Gross Assets  2.06 1.98 2.04 1.99 2.18 2.00 1.92 1.90 1.81 1.84 1.82 1.86  
  Non-Performing Assets (NPA) 19,641,885.23 18,887,236.66 18,763,950.74 18,351,997.24 19,625,732.78 17,332,603.77 17,467,697.98 17,835,521.52 17,589,664.04 17,631,135.19 18,040,455.66 17,936,826.93  
  (1) Gross NPL 11,644,788.82 10,803,694.05 10,658,540.31 10,228,587.18 11,519,707.84 9,266,813.90 9,359,666.15 9,700,248.74 9,406,709.79 9,419,382.84 9,806,518.59 9,819,230.16  
  (2) ROPA, gross 7,997,096.41 8,083,542.60 8,105,410.43 8,123,410.06 8,106,024.94 8,065,789.87 8,108,031.83 8,135,272.78 8,182,954.25 8,211,752.35 8,233,937.07 8,117,596.77  
  (a) Real and Other Properties Acquired (ROPA) 7,197,452.10 7,253,457.85 7,280,131.59 7,312,852.59 7,317,331.64 7,405,297.17 7,448,324.25 7,598,224.73 7,638,649.10 7,668,791.67 7,685,450.41 7,611,875.91  
  (b) Non-Current Assets Held for Sale 198,944.68 199,003.72 198,003.72 198,003.72 193,090.32 79,752.90 79,327.90 79,327.90 79,327.90 79,327.90 79,327.90 79,327.90  
  (c) Non-Performing Sales Contract Receivables (SCR) 600,699.62 631,081.03 627,275.11 612,553.74 595,602.98 580,739.81 580,379.69 457,720.16 464,977.25 463,632.78 469,158.76 426,392.96  
  Gross Assets 953,712,762.33 952,772,231.15 921,835,520.47 922,527,979.08 901,712,095.09 865,527,722.18 907,984,441.32 936,429,421.55 974,472,740.35 957,686,012.21 989,972,023.19 964,826,960.91  
  (1) Total Assets 936,153,368.64 934,918,740.82 903,830,888.75 903,690,330.43 882,764,394.45 848,748,197.41 890,831,147.80 919,237,632.80 957,395,610.68 940,847,771.99 973,072,096.66 948,328,485.65  
  (2) Allowance on NPA 17,559,393.69 17,853,490.33 18,004,631.71 18,837,648.65 18,947,700.64 16,779,524.77 17,153,293.52 17,191,788.75 17,077,129.66 16,838,240.22 16,899,926.53 16,498,475.27  
  NPA Coverage Ratio 89.40 94.53 95.95 102.65 96.55 96.81 98.20 96.39 97.09 95.50 93.68 91.98  
  Allowance on NPA 17,559,393.69 17,853,490.33 18,004,631.71 18,837,648.65 18,947,700.64 16,779,524.77 17,153,293.52 17,191,788.75 17,077,129.66 16,838,240.22 16,899,926.53 16,498,475.27  
  NPA 19,641,885.23 18,887,236.66 18,763,950.74 18,351,997.24 19,625,732.78 17,332,603.77 17,467,697.98 17,835,521.52 17,589,664.04 17,631,135.19 18,040,455.66 17,936,826.93  
  Distressed Assets Ratio 5.54 5.86 5.47 5.56 5.78 4.92 4.66 4.65 4.52 4.37 4.41 4.27  
  Distressed Assets 21,683,587.08 21,898,486.03 21,774,197.07 21,347,853.25 21,359,843.09 19,346,239.39 19,454,148.25 19,861,481.96 19,748,330.56 19,421,481.56 19,823,014.64 19,751,672.99  
  NPA 19,641,885.23 18,887,236.66 18,763,950.74 18,351,997.24 19,625,732.78 17,332,603.77 17,467,697.98 17,835,521.52 17,589,664.04 17,631,135.19 18,040,455.66 17,936,826.93  
  RL, Performing 2,041,701.86 3,011,249.37 3,010,246.33 2,995,856.01 1,734,110.31 2,013,635.63 1,986,450.27 2,025,960.44 2,158,666.51 1,790,346.37 1,782,558.98 1,814,846.06  
  TLP, gross  382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  Total ROPA 9,372,532.07 9,253,958.39 9,256,518.75 9,253,196.72 9,235,892.27 9,186,853.84 9,234,018.30 9,197,879.12 9,214,729.11 9,229,769.87 9,248,193.62 9,190,464.81  
  (1) ROPA, gross 7,997,096.41 8,083,542.60 8,105,410.43 8,123,410.06 8,106,024.94 8,065,789.87 8,108,031.83 8,135,272.78 8,182,954.25 8,211,752.35 8,233,937.07 8,117,596.77  
  (2) Performing SCR 1,375,435.66 1,170,415.79 1,151,108.32 1,129,786.66 1,129,867.33 1,121,063.97 1,125,986.47 1,062,606.34 1,031,774.86 1,018,017.52 1,014,256.54 1,072,868.04  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 43.08 43.36 36.53 41.53 42.75 37.68 35.50 37.84 40.48 37.34 37.99 42.04  
  Cash and Due from Banks   286,224,641.24 292,384,827.71 240,402,620.54 273,694,021.19 268,870,757.43 231,983,770.67 222,706,988.66 240,815,160.90 264,752,858.42 245,336,794.87 251,846,494.50 274,616,132.60  
  Deposits 664,478,053.01 674,312,754.89 658,050,657.81 658,973,360.44 628,961,630.72 615,619,020.38 627,366,471.29 636,356,621.64 653,964,651.65 656,992,621.64 662,871,536.78 653,244,007.72  
  (2) Liquid Assets to Deposits Ratio 75.81 77.05 71.85 75.15 75.08 70.56 70.57 72.31 75.68 71.31 72.56 70.40  
  Liquid Assets, sum of: 503,746,370.10 519,530,994.60 472,841,476.27 495,212,617.60 472,202,819.33 434,375,869.69 442,701,806.60 460,167,323.54 494,919,729.94 468,514,879.16 481,008,098.14 459,871,728.47  
  (1) Cash and Due from Banks 286,224,641.24 292,384,827.71 240,402,620.54 273,694,021.19 268,870,757.43 231,983,770.67 222,706,988.66 240,815,160.90 264,752,858.42 245,336,794.87 251,846,494.50 274,616,132.60  
  (2) Financial Assets, net (excl. equity investments) 217,521,728.87 227,146,166.89 232,438,855.74 221,518,596.41 203,332,061.91 202,392,099.02 219,994,817.94 219,352,162.65 230,166,871.51 223,178,084.29 229,161,603.64 185,255,595.87  
  Deposits 664,478,053.01 674,312,754.89 658,050,657.81 658,973,360.44 628,961,630.72 615,619,020.38 627,366,471.29 636,356,621.64 653,964,651.65 656,992,621.64 662,871,536.78 653,244,007.72  
  (3) Loans (gross) to Deposits 57.51 54.09 59.07 56.91 57.25 62.35 65.10 65.70 65.43 66.30 66.43 69.34  
  Loans (gross) 382,146,514.00 364,707,938.34 388,727,319.75 375,015,106.32 360,050,940.43 383,860,551.94 408,437,472.34 418,072,338.85 427,894,426.63 435,557,852.73 440,317,134.66 452,973,825.39  
  Deposits 664,478,053.01 674,312,754.89 658,050,657.81 658,973,360.44 628,961,630.72 615,619,020.38 627,366,471.29 636,356,621.64 653,964,651.65 656,992,621.64 662,871,536.78 653,244,007.72  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 0.66 0.54 0.51 0.54  
  Annualized Net Profit or Loss  5,846,901.80 4,702,736.35 4,776,538.29 5,012,273.64  
  Average Assets 885,865,082.54 865,903,510.07 935,474,045.26 936,265,260.40  
  Total Assets (last year) 867,899,276.33 883,058,822.74 913,552,479.84 924,202,035.16  
  Total Assets (current year) 903,830,888.75 848,748,197.41 957,395,610.68 948,328,485.65  
  (2) Return on Equity (ROE) 4.38 3.48 3.05 3.46  
  Annualized Net Profit or Loss  5,846,901.80 4,702,736.35 4,776,538.29 5,012,273.64  
  Average Capital 133,554,779.27 135,180,310.42 156,372,747.01 144,720,187.60  
  Total Capital (last year) 127,600,338.56 131,925,532.10 132,001,570.95 158,107,479.04  
  Total Capital (current year) 139,509,219.98 138,435,088.73 180,743,923.08 131,332,896.15  
  (3) Earning Asset Yield 4.27 4.28 3.98 3.98  
  Annualized Interest Income 35,682,253.59 35,058,744.51 35,207,724.61 35,169,249.03  
  Average Earning Assets 834,723,984.98 818,712,145.20 885,438,847.11 882,731,456.09  
  Earning Assets (last year) 820,624,936.19 835,874,043.88 866,361,260.40 867,530,728.89  
  Earning Assets (current year) 848,823,033.76 801,550,246.51 904,516,433.82 897,932,183.28  
  (4) Funding Cost 1.02 1.02 0.92 0.89  
  Annualized Interest Expense 6,792,808.96 6,642,070.37 6,354,245.31 6,040,811.11  
  Average Interest Bearing Liabilities 663,107,205.38 649,755,392.16 690,569,253.19 676,795,625.34  
  Interest Bearing Liabilities (last year) 649,352,574.97 658,184,390.47 697,871,334.24 674,931,836.63  
  Interest Bearing Liabilities (current year) 676,861,835.80 641,326,393.84 683,267,172.14 678,659,414.06  
  (5) Interest Spread 3.25 3.26 3.06 3.09  
  (3) Earning Asset Yield 4.27 4.28 3.98 3.98  
  (4) Funding Cost 1.02 1.02 0.92 0.89  
  (6) Net Interest Margin 3.43 3.45 3.23 3.28  
  Annualized Net Interest Income 28,631,003.54 28,204,758.82 28,596,653.19 28,960,725.25  
  Average Earning Assets 834,723,984.98 818,712,145.20 885,438,847.11 882,731,456.09  
  (7) Cost to Income Ratio 71.12 72.25 72.88 70.25  
  Annualized Non-Interest Expenses 30,651,497.33 31,070,409.93 31,906,525.58 30,217,715.32  
  Annualized Total Operating Income 43,095,322.39 43,001,759.64 43,778,677.29 43,015,141.35  
  (8) Net Interest Income to Total Operating Income 66.44 65.59 65.32 67.33  
  Annualized Net Interest Income  28,631,003.54 28,204,758.82 28,596,653.19 28,960,725.25  
  Annualized Total Operating Income 43,095,322.39 43,001,759.64 43,778,677.29 43,015,141.35  
  (9) Non-interest Income to Total Operating Income 33.56 34.41 34.68 32.67  
  Annualized Non-Interest Income 14,464,318.85 14,797,000.81 15,182,024.10 14,054,416.10  
  Annualized Total Operating Income 43,095,322.39 43,001,759.64 43,778,677.29 43,015,141.35  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 17.95 18.56 21.39 21.83  
  Capital Adequacy Ratio - Conso 17.53 18.15 21.21 21.71  
  Total Capital Accounts to Total Assets 17.32 15.61 15.44 16.07 16.18 16.31 17.14 17.55 18.88 18.97 17.69 13.85