43 Selected Performance Indicators                          
                             
                             
  Thrift 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 4.81 4.85 4.83 4.80 4.79 4.98 4.98 5.06 4.93 4.95 5.08 4.80  
  Past Due Loans 29,043,493.01 29,302,865.01 28,999,020.63 29,235,476.84 29,041,033.28 31,764,144.88 31,944,764.07 32,932,930.89 32,925,170.58 33,214,133.07 34,638,934.59 33,084,722.46  
  Total Loan Portfolio (TLP), gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  RL to TLP 0.53 0.53 0.59 0.57 0.57 0.57 0.56 0.56 0.56 0.49 0.49 0.58  
  Restructured Loans (RL), gross 3,233,161.29 3,212,890.14 3,572,256.32 3,492,509.40 3,429,450.48 3,645,645.81 3,567,526.97 3,658,829.06 3,718,951.46 3,274,845.02 3,310,390.10 3,992,603.95  
  TLP, gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  Loan Loss Reserves (LLR) to TLP 3.27 3.34 3.40 3.35 3.38 3.36 3.43 3.44 3.30 3.39 3.39 3.35  
  Allowance for Credit Losses (ACL) - TLP 19,793,831.19 20,190,673.40 20,459,845.99 20,363,494.20 20,502,448.65 21,455,979.09 22,008,406.05 22,375,787.48 22,036,162.13 22,757,546.74 23,086,588.51 23,045,340.54  
  TLP, gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  Gross NPL Ratio 4.50 4.60 4.54 4.50 4.50 4.69 4.69 4.76 4.56 4.51 4.70 4.53  
  Gross Non-Performing Loans (NPL) 27,210,271.80 27,791,195.48 27,292,651.42 27,367,119.63 27,284,350.43 29,953,581.79 30,092,489.46 30,972,025.76 30,503,301.54 30,300,652.69 32,054,691.71 31,198,610.43  
  TLP, gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  Gross NPL Ratio, net of IBL 4.51 4.62 4.54 4.51 4.51 4.69 4.70 4.76 4.55 4.51 4.70 4.51  
  Gross NPL, net of NP IBL 26,991,787.87 27,572,711.55 27,074,167.50 27,148,635.71 27,065,866.51 29,735,097.87 29,874,005.54 30,753,541.83 30,284,817.61 30,094,898.17 31,848,937.18 30,979,855.91  
  (1) Gross NPL 27,210,271.80 27,791,195.48 27,292,651.42 27,367,119.63 27,284,350.43 29,953,581.79 30,092,489.46 30,972,025.76 30,503,301.54 30,300,652.69 32,054,691.71 31,198,610.43  
  (2) Non-performing IBL 218,483.92 218,483.92 218,483.92 218,483.92 218,483.92 218,483.92 218,483.92 218,483.92 218,483.92 205,754.52 205,754.52 218,754.52  
  TLP, gross net of IBL 599,103,231.51 596,946,992.45 595,871,610.44 602,602,064.66 600,641,875.24 633,412,659.03 635,890,300.51 646,353,662.02 665,099,836.61 666,939,181.08 677,926,438.13 687,271,825.40  
  (1) TLP, gross 604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  (2) Interbank Loans Receivables (IBL) 5,315,946.33 7,811,041.85 5,109,809.10 5,891,350.99 5,562,078.15 4,741,438.53 5,872,328.69 4,888,006.46 3,356,909.81 4,728,310.92 3,478,917.58 1,620,116.21  
  Net NPL Ratio 2.10 2.13 2.02 2.05 2.03 2.22 2.17 2.24 2.14 2.07 2.25 2.13  
  NPL, net of Specific ACL 12,695,983.75 12,900,425.65 12,116,075.08 12,480,187.64 12,284,549.74 14,141,120.86 13,914,276.45 14,555,281.10 14,299,523.80 13,893,951.84 15,300,823.11 14,692,150.83  
  (1) Gross NPL 27,210,271.80 27,791,195.48 27,292,651.42 27,367,119.63 27,284,350.43 29,953,581.79 30,092,489.46 30,972,025.76 30,503,301.54 30,300,652.69 32,054,691.71 31,198,610.43  
  (2) Specific ACL 14,514,288.05 14,890,769.82 15,176,576.35 14,886,931.99 14,999,800.69 15,812,460.93 16,178,213.01 16,416,744.65 16,203,777.73 16,406,700.85 16,753,868.60 16,506,459.60  
  TLP, gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  NPL Coverage Ratio 72.74 72.65 74.96 74.41 75.14 71.63 73.14 72.25 72.24 75.11 72.02 73.87  
  ACL - TLP 19,793,831.19 20,190,673.40 20,459,845.99 20,363,494.20 20,502,448.65 21,455,979.09 22,008,406.05 22,375,787.48 22,036,162.13 22,757,546.74 23,086,588.51 23,045,340.54  
  Gross NPL 27,210,271.80 27,791,195.48 27,292,651.42 27,367,119.63 27,284,350.43 29,953,581.79 30,092,489.46 30,972,025.76 30,503,301.54 30,300,652.69 32,054,691.71 31,198,610.43  
  NPA to Gross Assets  5.29 5.29 5.33 5.37 5.24 5.37 5.42 5.52 5.29 5.35 5.48 5.20  
  Non-Performing Assets (NPA) 47,291,418.32 47,882,023.95 47,236,658.00 47,408,840.28 47,485,131.51 51,091,800.01 51,289,408.93 52,273,748.07 51,902,780.79 52,066,219.66 54,250,112.66 53,256,579.32  
  (1) Gross NPL 27,210,271.80 27,791,195.48 27,292,651.42 27,367,119.63 27,284,350.43 29,953,581.79 30,092,489.46 30,972,025.76 30,503,301.54 30,300,652.69 32,054,691.71 31,198,610.43  
  (2) ROPA, gross 20,081,146.52 20,090,828.48 19,944,006.57 20,041,720.64 20,200,781.08 21,138,218.22 21,196,919.47 21,301,722.32 21,399,479.26 21,765,566.97 22,195,420.95 22,057,968.89  
  (a) Real and Other Properties Acquired (ROPA) 18,147,088.49 18,344,758.78 18,323,073.29 18,373,400.88 18,558,539.60 18,754,850.52 18,926,876.98 19,037,876.58 19,092,740.48 19,493,422.99 19,793,497.02 19,686,126.49  
  (b) Non-Current Assets Held for Sale 1,075,122.41 877,566.75 774,163.94 786,862.62 790,053.03 1,537,863.99 1,441,094.33 1,408,104.65 1,375,609.12 1,395,052.89 1,562,667.25 1,437,181.70  
  (c) Non-Performing Sales Contract Receivables (SCR) 858,935.62 868,502.94 846,769.35 881,457.15 852,188.45 845,503.71 828,948.16 855,741.08 931,129.66 877,091.09 839,256.69 934,660.70  
  Gross Assets 894,380,886.03 905,637,780.57 885,892,459.06 883,398,224.26 906,422,645.77 951,069,580.89 946,986,249.31 946,527,989.33 981,057,143.53 972,914,621.26 989,246,577.21 1,023,418,290.79  
  (1) Total Assets 870,394,621.30 881,150,955.75 861,107,901.22 858,649,365.87 881,478,098.57 925,082,656.25 920,389,850.50 919,476,718.25 954,346,464.33 945,428,246.10 961,125,577.06 995,178,485.11  
  (2) Allowance on NPA 23,986,264.73 24,486,824.82 24,784,557.84 24,748,858.39 24,944,547.20 25,986,924.64 26,596,398.80 27,051,271.08 26,710,679.20 27,486,375.17 28,121,000.16 28,239,805.68  
  NPA Coverage Ratio 50.72 51.14 52.47 52.20 52.53 50.86 51.86 51.75 51.46 52.79 51.84 53.03  
  Allowance on NPA 23,986,264.73 24,486,824.82 24,784,557.84 24,748,858.39 24,944,547.20 25,986,924.64 26,596,398.80 27,051,271.08 26,710,679.20 27,486,375.17 28,121,000.16 28,239,805.68  
  NPA 47,291,418.32 47,882,023.95 47,236,658.00 47,408,840.28 47,485,131.51 51,091,800.01 51,289,408.93 52,273,748.07 51,902,780.79 52,066,219.66 54,250,112.66 53,256,579.32  
  Distressed Assets Ratio 7.73 7.81 7.78 7.71 7.78 7.96 7.93 7.98 7.74 7.69 7.89 7.78  
  Distressed Assets 48,535,118.78 49,039,972.73 48,567,680.62 48,718,250.18 48,966,124.17 52,718,005.78 52,788,295.07 53,921,680.34 53,586,344.80 53,545,875.79 55,746,837.51 55,534,931.21  
  NPA 47,291,418.32 47,882,023.95 47,236,658.00 47,408,840.28 47,485,131.51 51,091,800.01 51,289,408.93 52,273,748.07 51,902,780.79 52,066,219.66 54,250,112.66 53,256,579.32  
  RL, Performing 1,243,700.46 1,157,948.78 1,331,022.62 1,309,409.90 1,480,992.66 1,626,205.77 1,498,886.13 1,647,932.27 1,683,564.01 1,479,656.14 1,496,724.85 2,278,351.89  
  TLP, gross  604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  Total ROPA 23,242,886.75 23,244,384.20 23,054,916.41 23,099,007.71 23,229,083.80 24,161,465.21 24,227,301.89 24,265,353.07 24,250,105.86 24,585,338.25 25,019,670.62 24,918,688.79  
  (1) ROPA, gross 20,081,146.52 20,090,828.48 19,944,006.57 20,041,720.64 20,200,781.08 21,138,218.22 21,196,919.47 21,301,722.32 21,399,479.26 21,765,566.97 22,195,420.95 22,057,968.89  
  (2) Performing SCR 3,161,740.23 3,153,555.73 3,110,909.84 3,057,287.07 3,028,302.72 3,023,246.99 3,030,382.41 2,963,630.75 2,850,626.60 2,819,771.29 2,824,249.66 2,860,719.90  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 22.40 23.87 21.33 20.98 23.04 22.18 20.57 18.34 19.98 18.16 18.75 21.30  
  Cash and Due from Banks   155,969,257.63 169,133,879.73 144,194,567.49 143,864,300.56 163,673,380.15 164,614,473.33 151,892,214.28 134,831,267.53 153,272,632.92 137,828,522.90 145,036,774.73 169,850,619.92  
  Deposits 696,380,150.62 708,692,063.70 675,914,684.43 685,872,724.20 710,438,015.35 742,040,485.14 738,355,668.57 735,041,999.17 767,184,958.52 758,797,578.74 773,368,468.24 797,606,650.11  
  (2) Liquid Assets to Deposits Ratio 33.29 34.30 32.53 31.60 34.04 33.85 32.96 31.41 32.49 31.16 31.34 33.56  
  Liquid Assets, sum of: 231,804,422.97 243,052,519.85 219,878,700.54 216,714,951.64 241,813,650.26 251,157,483.71 243,395,593.99 230,857,274.44 249,253,242.99 236,456,343.28 242,372,303.99 267,698,061.71  
  (1) Cash and Due from Banks 155,969,257.63 169,133,879.73 144,194,567.49 143,864,300.56 163,673,380.15 164,614,473.33 151,892,214.28 134,831,267.53 153,272,632.92 137,828,522.90 145,036,774.73 169,850,619.92  
  (2) Financial Assets, net (excl. equity investments) 75,835,165.34 73,918,640.13 75,684,133.05 72,850,651.09 78,140,270.10 86,543,010.38 91,503,379.71 96,026,006.91 95,980,610.06 98,627,820.38 97,335,529.27 97,847,441.79  
  Deposits 696,380,150.62 708,692,063.70 675,914,684.43 685,872,724.20 710,438,015.35 742,040,485.14 738,355,668.57 735,041,999.17 767,184,958.52 758,797,578.74 773,368,468.24 797,606,650.11  
  (3) Loans (gross) to Deposits 86.79 85.33 88.91 88.72 85.33 86.00 86.92 88.60 87.13 88.52 88.11 86.37  
  Loans (gross) 604,419,177.84 604,758,034.30 600,981,419.54 608,493,415.65 606,203,953.39 638,154,097.56 641,762,629.21 651,241,668.48 668,456,746.42 671,667,492.00 681,405,355.71 688,891,941.62  
  Deposits 696,380,150.62 708,692,063.70 675,914,684.43 685,872,724.20 710,438,015.35 742,040,485.14 738,355,668.57 735,041,999.17 767,184,958.52 758,797,578.74 773,368,468.24 797,606,650.11  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.42 1.35 1.29 1.26  
  Annualized Net Profit or Loss  11,750,290.31 11,753,326.58 11,484,173.62 11,785,949.78  
  Average Assets 826,060,018.72 872,092,880.22 892,864,815.60 938,074,074.32  
  Total Assets (last year) 791,012,136.22 819,103,104.18 831,383,166.86 880,969,663.52  
  Total Assets (current year) 861,107,901.22 925,082,656.25 954,346,464.33 995,178,485.11  
  (2) Return on Equity (ROE) 11.62 11.01 10.58 9.95  
  Annualized Net Profit or Loss  11,750,290.31 11,753,326.58 11,484,173.62 11,785,949.78  
  Average Capital 101,131,382.79 106,729,197.91 108,573,415.94 118,450,351.05  
  Total Capital (last year) 89,198,002.53 92,599,932.02 95,325,817.76 108,789,490.16  
  Total Capital (current year) 113,064,763.04 120,858,463.79 121,821,014.12 128,111,211.94  
  (3) Earning Asset Yield 7.18 7.24 7.20 7.35  
  Annualized Interest Income 55,889,310.25 59,760,905.27 61,041,557.47 65,104,648.33  
  Average Earning Assets 778,123,502.86 825,856,955.35 847,698,339.64 885,450,122.12  
  Earning Assets (last year) 747,232,023.22 773,340,808.44 789,047,823.65 829,794,133.71  
  Earning Assets (current year) 809,014,982.50 878,373,102.27 906,348,855.63 941,106,110.52  
  (4) Funding Cost 1.98 2.00 1.98 2.01  
  Annualized Interest Expense 13,690,606.50 14,684,215.57 14,957,429.90 15,859,833.58  
  Average Interest Bearing Liabilities 691,962,479.84 735,186,817.46 754,245,302.34 790,523,164.93  
  Interest Bearing Liabilities (last year) 672,346,051.98 697,298,723.37 707,386,304.95 744,880,789.33  
  Interest Bearing Liabilities (current year) 711,578,907.70 773,074,911.55 801,104,299.72 836,165,540.53  
  (5) Interest Spread 5.20 5.24 5.22 5.35  
  (3) Earning Asset Yield 7.18 7.24 7.20 7.35  
  (4) Funding Cost 1.98 2.00 1.98 2.01  
  (6) Net Interest Margin 5.41 5.45 5.43 5.55  
  Annualized Net Interest Income 42,107,941.50 44,987,612.70 46,010,961.34 49,120,158.68  
  Average Earning Assets 778,123,502.86 825,856,955.35 847,698,339.64 885,450,122.12  
  (7) Cost to Income Ratio 65.93 64.92 65.41 65.93  
  Annualized Non-Interest Expenses 35,694,545.29 37,131,478.77 37,753,390.88 40,171,793.18  
  Annualized Total Operating Income 54,136,057.72 57,195,260.70 57,722,083.46 60,930,783.93  
  (8) Net Interest Income to Total Operating Income 77.78 78.66 79.71 80.62  
  Annualized Net Interest Income  42,107,941.50 44,987,612.70 46,010,961.34 49,120,158.68  
  Annualized Total Operating Income 54,136,057.72 57,195,260.70 57,722,083.46 60,930,783.93  
  (9) Non-interest Income to Total Operating Income 22.22 21.34 20.29 19.38  
  Annualized Non-Interest Income 12,028,116.22 12,207,648.00 11,711,122.12 11,810,625.25  
  Annualized Total Operating Income 54,136,057.72 57,195,260.70 57,722,083.46 60,930,783.93  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 18.81 18.28 17.70 17.85  
  Total Capital Accounts to Total Assets 12.75 12.64 13.22 13.34 13.05 13.15 13.31 13.43 12.85 13.19 13.03 12.95