43 Selected Performance Indicators                          
                             
                             
  Thrift Bank Group                          
  as of end of periods indicated                          
  amounts in thousand Pesos, ratios in percent (%)                          
                             
   
  Selected Accounts Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18  
   
  ASSET QUALITY RATIOS:   
  Past Due Ratio 8.12 7.33 7.96 8.03 8.23 8.15 8.12 8.18 7.97 8.14 8.11 8.07  
  Past Due Loans 69,881,169.82 64,047,779.21 68,927,740.59 70,587,497.18 72,403,880.63 72,153,935.59 73,201,946.60 73,077,181.52 72,264,555.26 73,248,352.40 74,085,827.79 74,027,683.66  
  Total Loan Portfolio (TLP), gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  RL to TLP 0.57 0.56 0.58 0.54 0.55 0.54 0.53 0.55 0.53 0.55 0.54 0.55  
  Restructured Loans (RL), gross 4,895,793.12 4,858,082.05 5,042,045.55 4,763,158.33 4,861,290.88 4,801,740.29 4,747,992.16 4,935,688.23 4,770,859.90 4,961,142.44 4,976,076.12 5,057,035.06  
  TLP, gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  Loan Loss Reserves (LLR) to TLP 3.16 3.14 3.08 3.04 3.17 3.16 3.13 3.21 2.99 2.92 2.87 2.86  
  Allowance for Credit Losses (ACL) - TLP 27,177,643.58 27,422,483.99 26,654,169.44 26,699,184.03 27,910,454.33 27,995,162.71 28,238,160.38 28,684,215.73 27,114,347.12 26,260,155.87 26,189,161.30 26,255,565.12  
  TLP, gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  Gross NPL Ratio 5.18 5.12 5.16 5.09 5.24 5.27 5.26 5.25 5.19 5.30 5.23 5.26  
  Gross Non-Performing Loans (NPL) 44,561,214.65 44,803,912.29 44,633,353.56 44,768,311.17 46,067,493.83 46,663,893.16 47,400,318.15 46,937,132.56 47,094,549.08 47,684,090.71 47,765,175.99 48,260,584.10  
  TLP, gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  Gross NPL Ratio, net of IBL 5.19 5.11 5.14 5.09 5.25 5.26 5.24 5.26 5.18 5.30 5.22 5.25  
  Gross NPL, net of NP IBL 44,343,685.42 44,586,383.07 44,415,824.33 44,550,781.94 45,849,964.60 46,446,363.94 47,182,788.92 46,719,603.33 46,877,019.85 47,542,811.47 47,623,896.76 48,119,304.86  
  (1) Gross NPL 44,561,214.65 44,803,912.29 44,633,353.56 44,768,311.17 46,067,493.83 46,663,893.16 47,400,318.15 46,937,132.56 47,094,549.08 47,684,090.71 47,765,175.99 48,260,584.10  
  (2) Non-performing IBL 217,529.23 217,529.23 217,529.23 217,529.23 217,529.23 217,529.23 217,529.23 217,529.23 217,529.23 141,279.24 141,279.24 141,279.24  
  TLP, gross net of IBL 854,251,670.41 872,041,216.25 864,412,517.28 875,584,162.62 872,907,858.96 882,260,155.72 900,486,501.52 888,637,578.94 905,787,874.33 896,927,637.95 913,200,693.83 916,022,632.09  
  (1) TLP, gross 860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  (2) Interbank Loans Receivables (IBL) 5,892,033.10 2,189,117.35 1,071,144.79 3,232,977.53 6,506,744.37 3,124,551.26 1,493,993.65 4,942,684.73 1,295,504.58 3,289,153.75 776,804.13 851,275.10  
  Net NPL Ratio1/ 3.58 3.46 3.48 3.42 3.45 3.47 3.50 3.42 3.47 3.53 3.54 3.61  
  NPL, net of Specific ACL1/ 30,764,146.70 30,244,239.37 30,151,344.15 30,019,590.54 30,312,100.75 30,691,197.26 31,597,178.02 30,564,417.36 31,466,024.30 31,813,822.28 32,336,888.59 33,085,601.00  
  (1) Gross NPL 44,561,214.65 44,803,912.29 44,633,353.56 44,768,311.17 46,067,493.83 46,663,893.16 47,400,318.15 46,937,132.56 47,094,549.08 47,684,090.71 47,765,175.99 48,260,584.10  
  (2) Specific ACL 13,797,067.95 14,559,672.93 14,482,009.40 14,748,720.63 15,755,393.08 15,972,695.90 15,803,140.13 16,372,715.20 15,628,524.78 15,870,268.43 15,428,287.41 15,174,983.10  
  TLP, gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  NPL Coverage Ratio 60.99 61.21 59.72 59.64 60.59 59.99 59.57 61.11 57.57 55.07 54.83 54.40  
  ACL - TLP 27,177,643.58 27,422,483.99 26,654,169.44 26,699,184.03 27,910,454.33 27,995,162.71 28,238,160.38 28,684,215.73 27,114,347.12 26,260,155.87 26,189,161.30 26,255,565.12  
  Gross NPL 44,561,214.65 44,803,912.29 44,633,353.56 44,768,311.17 46,067,493.83 46,663,893.16 47,400,318.15 46,937,132.56 47,094,549.08 47,684,090.71 47,765,175.99 48,260,584.10  
  NPA to Gross Assets  5.59 5.61 5.57 5.59 5.68 5.69 5.72 5.68 5.67 5.74 5.65 5.55  
  Non-Performing Assets (NPA) 66,801,616.99 67,100,036.70 66,835,373.35 67,178,809.19 68,667,285.34 69,492,742.05 70,258,677.65 69,900,931.27 70,164,892.27 70,856,519.20 70,999,386.71 70,797,047.29  
  (1) Gross NPL 44,561,214.65 44,803,912.29 44,633,353.56 44,768,311.17 46,067,493.83 46,663,893.16 47,400,318.15 46,937,132.56 47,094,549.08 47,684,090.71 47,765,175.99 48,260,584.10  
  (2) ROPA, gross 22,240,402.34 22,296,124.41 22,202,019.79 22,410,498.02 22,599,791.52 22,828,848.89 22,858,359.50 22,963,798.71 23,070,343.19 23,172,428.49 23,234,210.72 22,536,463.19  
  (a) Real and Other Properties Acquired (ROPA) 19,068,186.47 19,208,996.97 19,058,090.58 19,129,520.82 19,360,155.62 19,550,321.35 19,314,356.20 19,378,008.65 19,434,069.30 19,462,777.66 19,616,121.64 19,511,556.89  
  (b) Non-Current Assets Held for Sale 2,414,545.95 2,341,221.15 2,452,032.17 2,600,154.99 2,517,222.32 2,531,004.50 2,682,977.82 2,858,559.11 2,922,734.11 2,977,020.89 2,925,326.71 2,316,313.08  
  (c) Non-Performing Sales Contract Receivables (SCR) 757,669.92 745,906.28 691,897.04 680,822.21 722,413.57 747,523.04 861,025.49 727,230.96 713,539.79 732,629.94 692,762.37 708,593.22  
  Gross Assets 1,194,060,031.44 1,196,253,360.88 1,199,405,196.94 1,201,438,290.84 1,207,919,736.03 1,220,688,647.96 1,227,420,258.67 1,230,696,302.78 1,237,782,580.50 1,235,310,731.15 1,256,668,142.42 1,276,017,452.26  
  (1) Total Assets 1,162,085,740.91 1,164,098,723.08 1,168,004,420.39 1,169,923,235.62 1,175,135,344.87 1,187,763,904.68 1,194,314,008.49 1,197,089,590.73 1,205,767,381.49 1,204,098,239.52 1,225,519,486.76 1,244,691,487.21  
  (2) Allowance on NPA 31,974,290.54 32,154,637.80 31,400,776.54 31,515,055.21 32,784,391.16 32,924,743.28 33,106,250.18 33,606,712.05 32,015,199.01 31,212,491.63 31,148,655.66 31,325,965.05  
  NPA Coverage Ratio 47.86 47.92 46.98 46.91 47.74 47.38 47.12 48.08 45.63 44.05 43.87 44.25  
  Allowance on NPA 31,974,290.54 32,154,637.80 31,400,776.54 31,515,055.21 32,784,391.16 32,924,743.28 33,106,250.18 33,606,712.05 32,015,199.01 31,212,491.63 31,148,655.66 31,325,965.05  
  NPA 66,801,616.99 67,100,036.70 66,835,373.35 67,178,809.19 68,667,285.34 69,492,742.05 70,258,677.65 69,900,931.27 70,164,892.27 70,856,519.20 70,999,386.71 70,797,047.29  
  Distressed Assets Ratio 7.87 7.78 7.81 7.69 7.86 7.89 7.83 7.88 7.80 7.95 7.83 7.79  
  Distressed Assets 69,651,725.26 69,928,677.49 69,581,335.57 69,539,153.48 71,155,145.71 71,890,746.21 72,623,330.00 72,411,565.49 72,776,851.35 73,614,960.76 73,558,578.31 73,483,609.85  
  NPA 66,801,616.99 67,100,036.70 66,835,373.35 67,178,809.19 68,667,285.34 69,492,742.05 70,258,677.65 69,900,931.27 70,164,892.27 70,856,519.20 70,999,386.71 70,797,047.29  
  RL, Performing 2,850,108.27 2,828,640.79 2,745,962.23 2,360,344.29 2,487,860.37 2,398,004.15 2,364,652.35 2,510,634.22 2,611,959.08 2,758,441.56 2,559,191.60 2,686,562.56  
  TLP, gross  860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  Total ROPA 25,018,430.18 25,093,143.40 25,172,486.73 25,304,443.82 25,430,081.52 25,604,008.48 25,526,528.73 25,777,664.64 25,878,374.35 25,915,073.15 26,011,193.34 25,844,261.87  
  (1) ROPA, gross 22,240,402.34 22,296,124.41 22,202,019.79 22,410,498.02 22,599,791.52 22,828,848.89 22,858,359.50 22,963,798.71 23,070,343.19 23,172,428.49 23,234,210.72 22,536,463.19  
  (2) Performing SCR 2,778,027.84 2,797,018.99 2,970,466.94 2,893,945.80 2,830,290.00 2,775,159.59 2,668,169.23 2,813,865.93 2,808,031.16 2,742,644.66 2,776,982.62 3,307,798.68  
  LIQUIDITY RATIOS  
  (1) Cash and Due from Banks to Deposits 15.75 13.72 15.09 13.72 14.25 14.34 13.38 14.34 13.67 14.18 14.27 14.87  
  Cash and Due from Banks   147,146,733.96 128,474,101.62 141,213,301.85 129,254,393.29 135,933,255.15 138,172,999.28 129,562,673.60 138,851,508.54 132,643,928.83 136,364,284.44 140,385,554.98 147,474,245.96  
  Deposits 934,546,760.37 936,664,048.40 935,517,106.66 942,324,804.71 954,070,037.45 963,758,347.11 968,335,940.56 967,949,735.53 970,314,550.45 961,548,159.21 983,556,660.07 991,492,357.03  
  (2) Liquid Assets to Deposits Ratio 27.90 25.88 27.16 25.72 26.00 26.21 25.03 26.16 25.37 26.01 26.16 27.31  
  Liquid Assets, sum of: 260,722,401.11 242,405,406.28 254,088,152.15 242,366,244.57 248,039,946.23 252,588,569.24 242,328,361.31 253,208,711.45 246,135,131.75 250,125,609.46 257,255,317.80 270,823,131.19  
  (1) Cash and Due from Banks 147,146,733.96 128,474,101.62 141,213,301.85 129,254,393.29 135,933,255.15 138,172,999.28 129,562,673.60 138,851,508.54 132,643,928.83 136,364,284.44 140,385,554.98 147,474,245.96  
  (2) Financial Assets, net (excl. equity investments) 113,575,667.15 113,931,304.66 112,874,850.30 113,111,851.28 112,106,691.08 114,415,569.96 112,765,687.71 114,357,202.91 113,491,202.91 113,761,325.02 116,869,762.82 123,348,885.23  
  Deposits 934,546,760.37 936,664,048.40 935,517,106.66 942,324,804.71 954,070,037.45 963,758,347.11 968,335,940.56 967,949,735.53 970,314,550.45 961,548,159.21 983,556,660.07 991,492,357.03  
  (3) Loans (gross) to Deposits 92.04 93.33 92.51 93.26 92.18 91.87 93.15 92.32 93.48 93.62 92.93 92.47  
  Loans (gross) 860,143,703.51 874,230,333.60 865,483,662.07 878,817,140.15 879,414,603.34 885,384,706.98 901,980,495.17 893,580,263.67 907,083,378.91 900,216,791.69 913,977,497.96 916,873,907.19  
  Deposits 934,546,760.37 936,664,048.40 935,517,106.66 942,324,804.71 954,070,037.45 963,758,347.11 968,335,940.56 967,949,735.53 970,314,550.45 961,548,159.21 983,556,660.07 991,492,357.03  
  SELECTED PROFITABILITY RATIOS  
  (1)  Return on Assets (ROA) 1.60 1.53 1.55 1.31  
  Annualized Net Profit or Loss  18,211,876.49 17,791,016.89 18,054,934.20 15,830,148.69  
  Average Assets 1,135,983,752.51 1,162,371,585.43 1,167,551,904.82 1,206,443,074.84  
  Total Assets (last year) 1,103,963,084.62 1,136,979,266.17 1,129,336,428.14 1,168,194,662.47  
  Total Assets (current year) 1,168,004,420.39 1,187,763,904.68 1,205,767,381.49 1,244,691,487.21  
  (2) Return on Equity (ROE) 12.53 12.06 11.88 10.27  
  Annualized Net Profit or Loss  18,211,876.49 17,791,016.89 18,054,934.20 15,830,148.69  
  Average Capital 145,323,900.65 147,512,347.32 151,993,941.85 154,195,080.05  
  Total Capital (last year) 140,026,670.28 141,327,209.42 145,708,674.92 146,612,372.87  
  Total Capital (current year) 150,621,131.02 153,697,485.21 158,279,208.79 161,777,787.24  
  (3) Earning Asset Yield 7.35 7.40 7.61 7.58  
  Annualized Interest Income 79,315,970.92 81,882,438.03 84,439,411.73 86,589,661.42  
  Average Earning Assets 1,079,732,763.47 1,106,307,319.60 1,109,513,312.06 1,141,776,438.88  
  Earning Assets (last year) 1,053,459,167.27 1,086,668,912.88 1,077,934,051.69 1,112,283,297.88  
  Earning Assets (current year) 1,106,006,359.67 1,125,945,726.32 1,141,092,572.43 1,171,269,579.88  
  (4) Funding Cost 1.99 2.04 2.21 2.40  
  Annualized Interest Expense 18,963,111.02 19,983,670.23 21,640,388.10 24,336,125.66  
  Average Interest Bearing Liabilities 952,193,580.21 978,519,883.59 979,498,541.76 1,013,988,428.10  
  Interest Bearing Liabilities (last year) 928,690,280.22 959,079,832.92 948,040,608.09 983,307,795.89  
  Interest Bearing Liabilities (current year) 975,696,880.20 997,959,934.25 1,010,956,475.43 1,044,669,060.31  
  (5) Interest Spread 5.35 5.36 5.40 5.18  
  (3) Earning Asset Yield 7.35 7.40 7.61 7.58  
  (4) Funding Cost 1.99 2.04 2.21 2.40  
  (6) Net Interest Margin 5.58 5.58 5.66 5.45  
  Annualized Net Interest Income 60,287,506.23 61,686,392.65 62,797,739.38 62,176,990.76  
  Average Earning Assets 1,079,732,763.47 1,106,307,319.60 1,109,513,312.06 1,141,776,438.88  
  (7) Cost to Income Ratio 62.87 64.14 64.82 66.92  
  Annualized Non-Interest Expenses 46,560,204.04 48,026,845.63 49,296,583.92 50,373,362.09  
  Annualized Total Operating Income 74,062,384.84 74,879,505.87 76,055,932.30 75,272,383.19  
  (8) Net Interest Income to Total Operating Income 81.40 82.38 82.57 82.60  
  Annualized Net Interest Income  60,287,506.23 61,686,392.65 62,797,739.38 62,176,990.76  
  Annualized Total Operating Income 74,062,384.84 74,879,505.87 76,055,932.30 75,272,383.19  
  (9) Non-interest Income to Total Operating Income 18.60 17.62 17.43 17.40  
  Annualized Non-Interest Income 13,774,878.61 13,193,113.22 13,258,192.92 13,095,392.43  
  Annualized Total Operating Income 74,062,384.84 74,879,505.87 76,055,932.30 75,272,383.19  
  CAPITAL ADEQUACY  
  Capital Adequacy Ratio - Solo 16.53 15.79 15.93 15.96  
  Total Capital Accounts to Total Assets 12.80 12.83 12.96 13.03 12.98 13.00 13.07 13.17 13.19 13.36 13.23 13.06  
                             
1/ Starting September 2017, Net NPLs refer to gross NPLs less specific allowance for credit losses on NPLs per BSP Circular No. 941
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 7 March 2019