59 Income Statement          
             
             
  Cooperative Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-17 Jun-17 Sep-17 Dec-17  
   
  TOTAL OPERATING INCOME   447,044.85 945,955.85 1,408,230.68 1,727,679.90  
  Interest Income 433,664.71 882,586.26 1,333,051.12 1,598,409.47  
  Interest Expense 112,517.29 224,407.44 336,095.48 395,977.49  
  Provision for Losses on Accrued Interest Income from Financial Assets 0.00 0.00 0.00 0.00  
  Net Interest Income 321,147.41 658,178.81 996,955.64 1,202,431.98  
  Non-Interest income 125,897.44 287,777.04 411,275.05 525,247.93  
  (1) Dividend Income 0.00 0.00 207.17 281.25  
  (2) Fees and Commissions Income 66,422.73 151,450.15 236,320.92 298,155.93  
  (3) Trading Income 8,513.53 16,386.77 26,863.49 31,976.73  
  (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 (0.34) 0.00  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities (5.54) (5.54) (5.54) 367.46  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 8,519.06 16,392.31 26,869.37 31,609.27  
  (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 50,961.19 119,940.12 147,883.46 194,834.02  
  NON-INTEREST EXPENSES 334,471.95 711,577.36 1,070,155.65 1,347,741.97  
  (1) Compensation/Fringe Benefits 174,686.15 360,008.33 532,171.51 673,714.43  
  (2) Taxes and Licenses 9,672.08 21,394.98 32,259.43 44,548.35  
  (3) Fees and Commissions 1,915.49 4,604.52 951.19 1,942.42  
  (4) Other Administrative Expenses 100,296.08 205,653.06 324,432.92 402,769.80  
  (5) Depreciation/Amortization 21,475.08 45,166.55 70,214.98 83,544.90  
  (6) Impairment Losses 39.16 34.68 6,028.36 6,038.19  
  (7) Provisions 26,387.91 74,715.25 104,097.26 135,183.87  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (11,085.06) (29,002.70) (57,617.62) (68,204.71)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (13,603.65) (34,303.42) (66,135.72) (77,657.44)  
  (2) Bad Debts Written Off 0.00 0.00 0.00 0.00  
  (3) Recovery on Charged-Off Assets 2,518.60 5,300.72 8,518.11 9,452.73  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 101,487.85 205,375.79 280,457.42 311,733.22  
  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 101,487.85 205,375.79 280,457.42 311,733.22  
  Income Tax Expense 3,000.00 6,721.14 10,421.55 15,966.87  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 98,487.85 198,654.66 270,035.87 295,766.35  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00 0.00 0.00  
  NET PROFIT OR LOSS 98,487.85 198,654.66 270,035.87 295,766.35  
             
Source : Supervisory Data Center, Supervision and Examination Sector, Bangko Sentral ng Pilipinas
Updated as of 28 March 2018