59 Income Statement          
             
             
  Cooperative Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-16 Jun-16 Sep-16 Dec-16  
   
  TOTAL OPERATING INCOME   408,437.38 884,748.92 1,316,170.36 1,811,721.62  
  Interest Income 405,098.51 850,585.63 1,235,435.69 1,686,601.68  
  Interest Expense 114,592.20 230,609.55 322,866.56 436,112.26  
  Provision for Losses on Accrued Interest Income from Financial Assets 0.00 0.00 0.00 0.00  
  Net Interest Income 290,506.31 619,976.08 912,569.13 1,250,489.41  
  Non-Interest income 117,931.07 264,772.85 403,601.23 561,232.20  
  (1) Dividend Income 0.00 9.98 67.72 67.72  
  (2) Fees and Commissions Income 66,152.20 158,666.42 219,677.64 315,430.58  
  (3) Trading Income 11,678.04 17,825.99 58,713.23 74,361.01  
  (a) Realized Gains/(Losses) from Sale/Redemption 0.00 0.00 0.00 0.00  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 0.00 0.00 0.00 0.00  
  (c) Realized Gains/(Losses) from FX Transactions 0.00 0.00 0.00 0.00  
  (d) Foreign Exchange Profit/(Loss) 0.00 0.00 0.00 0.00  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 0.00 110.00 220.65 2.30  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 11,678.04 17,715.99 58,492.58 74,358.71  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 0.00 0.00 0.00 0.00  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00 0.00 0.00 0.00  
  (4) Other income 40,100.83 86,506.85 125,142.65 171,372.89  
  NON-INTEREST EXPENSES 322,117.58 698,120.76 986,057.83 1,417,471.53  
  (1) Compensation/Fringe Benefits 162,428.62 338,137.58 484,494.26 713,111.73  
  (2) Taxes and Licenses 10,375.26 19,433.27 29,589.84 43,022.08  
  (3) Fees and Commissions 1,665.36 2,686.50 4,766.17 4,427.98  
  (4) Other Administrative Expenses 100,841.82 207,329.21 295,036.14 413,769.22  
  (5) Depreciation/Amortization 21,839.38 44,393.30 64,857.76 84,550.30  
  (6) Impairment Losses 187.25 133.45 195.54 225.60  
  (7) Provisions 24,779.90 86,007.45 107,118.13 158,364.63  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (19,120.08) (39,184.46) (115,949.70) (79,531.47)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (21,457.66) (44,130.45) (123,031.82) (91,640.00)  
  (2) Bad Debts Written Off 0.00 0.00 (12.04) (238.22)  
  (3) Recovery on Charged-Off Assets 2,337.58 4,945.99 7,094.16 12,346.75  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 67,199.71 147,443.70 214,162.84 314,718.61  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 0.00 0.00 0.00 0.00  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 67,199.71 147,443.70 214,162.84 314,718.61  
  Income Tax Expense 2,700.06 6,900.86 9,589.08 13,177.81  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 64,499.65 140,542.84 204,573.76 301,540.80  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00 0.00 0.00  
  NET PROFIT OR LOSS 64,499.65 140,542.84 204,573.76 301,540.80  
             
Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas
Updated as of 31 March 2017