63   SELECTED ASSET QUALITY INDICATORS 1/
	B. MICROFINANCE-ORIENTED BANKS
	as of end of periods indicated
	in billion pesos
			TOTAL					THRIFT BANKS					RURAL AND COOPERATIVE BANKS
			Mar'07	Jun'07	Sept '07	Dec '07		Mar'07	Jun'07	Sept '07	Dec '07		Mar'07	Jun'07	Sept '07	Dec '07
	Levels
	TOTAL ASSETS		1.195	1.303	1.381	1.742		0.572	0.589	0.612	0.639		0.623	0.715	0.769	1.102
	GROSS ASSETS 2/		1.228	1.341	1.416	1.769		0.586	0.605	0.628	0.648		0.642	0.736	0.788	1.121
	TOTAL LOAN PORTFOLIO (TLP), GROSS		0.706	0.753	0.853	1.153		0.275	0.299	0.338	0.331		0.430	0.453	0.515	0.822
	LOAN LOSS RESERVES		0.034	0.037	0.035	0.027		0.014	0.016	0.016	0.008		0.020	0.021	0.019	0.018
	INTERBANK LOANS RECEIVABLES		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000
	RESTRUCTURED LOANS(RL), GROSS		0.005	0.004	0.002	0.006		0.002	0.002	0.000	0.001		0.002	0.002	0.002	0.005
	RESTRUCTURED LOANS, CURRENT/PERFORMING		0.003	0.003	0.001	0.005		0.002	0.002	0.000	0.001		0.001	0.001	0.001	0.004
	NON-PERFORMING LOANS		0.052	0.048	0.049	0.068		0.030	0.028	0.034	0.033		0.022	0.021	0.015	0.035
	ROPA, GROSS		0.015	0.023	0.024	0.038		0.015	0.023	0.024	0.030		0.000	0.000	0.000	0.009
	ALLOWANCE FOR ROPA		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000
	NON-PERFORMING ASSETS (NPA)3/		0.067	0.071	0.074	0.106		0.045	0.051	0.058	0.062		0.022	0.021	0.015	0.044
	ALLOWANCE ON NPA		0.034	0.037	0.035	0.027		0.014	0.016	0.016	0.008		0.020	0.021	0.019	0.018
	DISTRESSED ASSETS 4/		0.071	0.074	0.075	0.111		0.047	0.053	0.058	0.063		0.023	0.022	0.016	0.048
	ROPA, GROSS (Net of Performing SCR)		0.015	0.023	0.024	0.038		0.015	0.023	0.024	0.030		0.000	0.000	0.000	0.009
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000
	PAST DUE LOANS		0.037	0.033	0.045	0.046		0.034	0.030	0.041	0.041		0.003	0.003	0.003	0.005
	Ratios (in percent)
	Past Due Ratio		5.2	4.3	5.0	4.0		12.2	10.2	12.3	12.4		0.7	0.6	0.6	0.6
	RL to TLP		0.6	0.6	0.2	0.5		0.8	0.7	0.0	0.2		0.6	0.5	0.4	0.7
	LLR to TLP		4.8	5.0	4.1	2.3		5.2	5.4	4.8	2.6		4.6	4.7	3.6	2.2
	NPL Ratio (exclusive of IBL)		7.4	6.4	5.8	5.9		10.9	9.3	10.1	9.9		5.1	4.5	3.0	4.3
	NPL Ratio (inclusive of IBL)		7.4	6.4	5.8	5.9		10.9	9.3	10.1	9.9		5.1	4.5	3.0	4.3
	NPL Coverage 5/		65.3	77.6	70.9	39.4		47.4	58.2	47.8	25.8		89.6	103.8	122.3	52.2
	NPA to Gross Assets		5.5	5.3	5.2	6.0		7.7	8.4	9.3	9.6		3.4	2.8	1.9	3.9
	NPA Coverage 6/		50.3	52.6	47.5	25.3		31.3	31.8	27.9	13.6		89.5	103.6	122.0	42.1
	Distressed Assets Ratio 7/		9.8	9.6	8.5	9.3		16.3	16.4	16.1	17.5		5.4	4.7	3.1	5.8
	r/ Revised
	p/ Preliminary
	1/ As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351 dated 19 September 2002
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPA
	3/ Refers to NPLs plus ROPA as defined per BSP Circular No. 351 and 380, respectively
	4/ Refers to NPLs plus ROPA, gross and Restructured Loans, performing.
	5/ Refers to the ratio of LLR to NPLs
	6/ Refers to the ratio of valuation reserves (for Loans and ROPA) to NPAs
	7/ Refers to the ratio of Distressed Assets to TLP plus ROPA, gross
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector