| 12 CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS | |||||||||
| Universal and Commercial Banking System | |||||||||
| as of end of periods indicated | |||||||||
| in billion pesos | |||||||||
| Selected Accounts | Jan-10 | Feb-10 | Mar-10 | Apr-10 | May-10 | Jun-10 | |||
| Asset Accounts 1/ | 5,398.229 | 5,441.134 | 5,456.468 | 5,455.748 | 5,564.722 | 5,584.759 | |||
| Cash and Due from Banks | 825.620 | 850.176 | 880.970 | 836.143 | 905.209 | 848.748 | |||
| Financial Assets, Excl of Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization) | 1,514.195 | 1,535.916 | 1,572.771 | 1,589.684 | 1,603.247 | 1,577.431 | |||
| Financial Assets Held for Trading (HFT) | 187.584 | 212.411 | 229.912 | 237.651 | 209.991 | 181.353 | |||
| Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect | 11.744 | 10.244 | 10.083 | 9.495 | 10.285 | 10.797 | |||
| AFS Financial Assets, Net of Amortization | 617.626 | 630.832 | 644.404 | 665.039 | 688.887 | 688.852 | |||
| AFS Debt Securities | 599.714 | 613.051 | 628.573 | 648.408 | 669.787 | 672.651 | |||
| Unamortized Discount/Premium | 10.843 | 10.740 | 7.282 | 8.162 | 10.656 | 8.504 | |||
| AFS-Debt Securities Net of Amortization | 610.557 | 623.791 | 635.855 | 656.570 | 680.444 | 681.156 | |||
| AFS-Equity Securities | 7.068 | 7.041 | 8.550 | 8.470 | 8.444 | 7.696 | |||
| Held-to-Maturity (HTM) Financial Assets | 481.085 | 472.264 | 469.111 | 463.158 | 484.329 | 487.359 | |||
| Unamortized Discount/Premium | 6.816 | 7.426 | 7.646 | 7.075 | 7.180 | 7.011 | |||
| HTM Financial Assets - Net of Amortization | 487.901 | 479.689 | 476.757 | 470.233 | 491.509 | 494.371 | |||
| Unquoted Debt Securities Classified as Loans | 214.523 | 208.306 | 215.977 | 211.046 | 207.110 | 207.035 | |||
| Unamortized Discount/Premium | (30.002) | (30.117) | (29.468) | (28.958) | (29.029) | (29.440) | |||
| Unquoted Debt Securities Classified as Loans -Net of Amortization | 184.521 | 178.189 | 186.509 | 182.088 | 178.081 | 177.594 | |||
| Investment in Non-Markeatable Equity Securities (INMES) | 24.819 | 24.549 | 25.104 | 25.178 | 24.494 | 24.464 | |||
| Accumulated Market Gain (Losses) -Financial Assets | 10.774 | 12.700 | 15.382 | 15.274 | 14.286 | 17.249 | |||
| Allowance for Credit Losses-Financial Assets | 24.910 | 26.317 | 26.946 | 28.168 | 26.807 | 26.940 | |||
| Allowance for Credit Losses-AFS | 7.952 | 9.168 | 9.250 | 9.366 | 8.566 | 8.212 | |||
| Allowance for Credit Losses-HTM | 1.420 | 1.411 | 1.383 | 1.359 | 1.216 | 1.167 | |||
| Allowance for Credit Losses-Unquoted Debt Securities Classified as Loans | 10.600 | 11.187 | 11.750 | 12.879 | 13.417 | 13.996 | |||
| Allowance for Credit Losses- INMES | 4.938 | 4.551 | 4.563 | 4.564 | 3.609 | 3.564 | |||
| Financial Assets -Net of Allowance for Credit Losses | 1,500.059 | 1,522.298 | 1,561.207 | 1,576.791 | 1,590.727 | 1,567.739 | |||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent. | 119.306 | 119.774 | 129.703 | 130.854 | 129.581 | 129.736 | |||
| Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent | 1.234 | 1.234 | 1.234 | 1.231 | 1.213 | 1.213 | |||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses) | 118.072 | 118.540 | 128.469 | 129.623 | 128.368 | 128.523 | |||
| Total Loan Portfolio, gross (net of amortization) | 2,603.723 | 2,605.994 | 2,553.420 | 2,573.002 | 2,593.138 | 2,703.424 | |||
| Loans and Receivables, gross (net of amortization) | 2,426.992 | 2,404.145 | 2,409.603 | 2,436.129 | 2,423.600 | 2,510.259 | |||
| Loans to Bangko Sentral ng Pilipinas | 0.000 | 0.000 | 2.259 | 3.112 | 2.775 | 2.319 | |||
| Interbank Loans Receivable | 330.903 | 309.234 | 321.584 | 304.067 | 271.914 | 319.623 | |||
| Loans and Receivables -Others | 2,107.213 | 2,106.106 | 2,097.132 | 2,140.804 | 2,160.742 | 2,201.158 | |||
| Unamortized Discount and Other Deferred Credits | 11.124 | 11.195 | 11.371 | 11.854 | 11.831 | 12.840 | |||
| Loans and Receivables - Others - Net of Amortization | 2,096.089 | 2,094.911 | 2,085.760 | 2,128.950 | 2,148.911 | 2,188.318 | |||
| Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions | 176.731 | 201.849 | 143.817 | 136.873 | 169.539 | 193.165 | |||
| Allowance for Credit Losses-Loans | 113.195 | 113.067 | 114.730 | 115.561 | 116.920 | 116.919 | |||
| Allowance for Credit Losses-Interbank Loans Receivable | 2.625 | 2.625 | 2.603 | 2.614 | 2.678 | 2.687 | |||
| Allowance for Credit Losses-Loans and Receivables -Other | 83.272 | 83.591 | 82.847 | 83.316 | 84.653 | 83.063 | |||
| Allowance for Credit Losses-LRARA | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| General Loan Loss Provision (GLLP) | 27.298 | 26.851 | 29.279 | 29.631 | 29.589 | 31.169 | |||
| Total Loan Portfolio, Net of Allowance for Credit Losses | 2,490.528 | 2,492.927 | 2,438.691 | 2,457.441 | 2,476.219 | 2,586.506 | |||
| Total ROPA | 144.808 | 143.949 | 142.980 | 142.243 | 141.404 | 140.118 | |||
| Sales Contract Receivable | 16.614 | 16.875 | 16.672 | 16.816 | 16.310 | 16.289 | |||
| Non-Current Assets Held for Sale | 11.721 | 11.788 | 13.327 | 13.331 | 14.681 | 14.366 | |||
| Real and Other Properties Acquired | 116.474 | 115.286 | 112.980 | 112.096 | 110.413 | 109.463 | |||
| Accumulated Depreciation | 13.693 | 13.975 | 13.961 | 13.942 | 13.840 | 13.595 | |||
| Unamortized Discount and Other Deferred Credits | 0.055 | 0.057 | 0.058 | 0.069 | 0.068 | 0.066 | |||
| Allowance for Losses - ROPA | 13.946 | 13.957 | 14.411 | 14.568 | 14.726 | 14.827 | |||
| Allowance for Credit Losses- Sales Contract Receivable | 0.120 | 0.116 | 0.159 | 0.159 | 0.174 | 0.175 | |||
| Allowance for Losses -Real and Other Properties Acquired | 11.219 | 11.234 | 11.381 | 11.538 | 11.732 | 12.011 | |||
| Allowance for Credit Losses -Non Current Assets held for Sale | 2.607 | 2.607 | 2.872 | 2.872 | 2.820 | 2.641 | |||
| ROPA, Net of Allowance for Losses | 117.114 | 115.960 | 114.550 | 113.663 | 112.771 | 111.630 | |||
| Total Other Assets, Net | 346.837 | 341.232 | 332.582 | 342.087 | 351.430 | 341.612 | |||
| Derivatives with Positive Fair Value Held for Hedging | 0.001 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Revaluation of Hedged Assets in Portfolio Hedge of Interest Rate Risk | 0.084 | 0.096 | 0.122 | 0.097 | 0.106 | 0.119 | |||
| Goodwill | 17.103 | 17.103 | 16.913 | 16.913 | 16.913 | 16.913 | |||
| Allowance for Losses | 0.638 | 0.658 | 0.678 | 0.698 | 0.723 | 0.743 | |||
| Goodwill - Net | 16.465 | 16.445 | 16.235 | 16.215 | 16.190 | 16.170 | |||
| Accrued Interest Income from Financial Assets | 50.624 | 48.795 | 43.154 | 46.043 | 51.283 | 53.296 | |||
| Allowance for Credit Losses | 5.551 | 5.613 | 5.256 | 5.413 | 5.381 | 5.361 | |||
| Accrued Interest Income from Financial Assets, net | 45.073 | 43.182 | 37.898 | 40.630 | 45.903 | 47.934 | |||
| Bank Premises, Furniture, Fixture and Equipment | 151.342 | 152.000 | 152.323 | 152.651 | 153.244 | 153.569 | |||
| Accumulated Depreciation | 68.633 | 69.138 | 69.354 | 69.683 | 69.966 | 70.071 | |||
| Allowance for Losses | 1.658 | 1.658 | 1.658 | 1.658 | 1.667 | 1.667 | |||
| Bank Premises, Furniture, Fixture and Equipment - Net | 81.051 | 81.204 | 81.311 | 81.310 | 81.611 | 81.831 | |||
| Other Intangible Assets | 6.787 | 6.813 | 7.115 | 7.166 | 7.280 | 7.326 | |||
| Accumulated Amortization | 2.797 | 2.854 | 2.937 | 3.008 | 3.137 | 3.170 | |||
| Allowance for Losses | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | |||
| Other Intangible Assets, net | 3.986 | 3.955 | 4.173 | 4.154 | 4.138 | 4.150 | |||
| Deferred Tax Asset | 41.100 | 41.456 | 41.958 | 42.656 | 41.603 | 41.230 | |||
| Due from FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Other Assets | 181.489 | 177.517 | 173.522 | 179.830 | 184.840 | 173.212 | |||
| Allowance for Losses | 22.412 | 22.622 | 22.638 | 22.804 | 22.960 | 23.034 | |||
| Other Assets - Net | 159.077 | 154.895 | 150.884 | 157.026 | 161.880 | 150.178 | |||
| LIABILITIES AND CAPITAL | 5,398.229 | 5,441.134 | 5,456.468 | 5,455.748 | 5,564.722 | 5,584.759 | |||
| Liability Accounts | 4,799.057 | 4,838.167 | 4,849.070 | 4,827.133 | 4,933.896 | 4,943.326 | |||
| Financial Liabilities Held for Trading | 33.861 | 61.148 | 71.087 | 77.876 | 49.416 | 39.487 | |||
| Financial Liabilities Designated at Fair Value through Profit or Loss | 6.335 | 6.357 | 6.389 | 6.347 | 6.313 | 6.324 | |||
| Deposit Liabilities | 4,048.832 | 4,051.449 | 4,059.573 | 4,060.545 | 4,164.820 | 4,205.541 | |||
| Peso | 3,005.459 | 3,006.743 | 3,017.109 | 3,020.405 | 3,082.283 | 3,113.956 | |||
| Demand & NOW | 750.096 | 767.589 | 782.283 | 783.387 | 827.124 | 811.382 | |||
| Savings Deposits | 1,511.124 | 1,490.589 | 1,467.279 | 1,482.438 | 1,486.539 | 1,519.782 | |||
| Time Certificate of Deposits | 712.109 | 716.422 | 735.391 | 722.412 | 732.091 | 748.339 | |||
| LTNCD | 32.130 | 32.142 | 32.156 | 32.169 | 36.529 | 34.452 | |||
| Foreign Currency | 1,043.373 | 1,044.706 | 1,042.464 | 1,040.140 | 1,082.537 | 1,091.586 | |||
| Bills Payable | 304.799 | 302.642 | 302.941 | 261.520 | 267.223 | 266.150 | |||
| Deposit Substitutes | 46.423 | 38.799 | 47.552 | 32.381 | 47.536 | 51.253 | |||
| Others | 258.375 | 263.843 | 255.389 | 229.140 | 219.687 | 214.897 | |||
| Special Financing | 0.006 | 0.006 | 0.006 | 0.006 | 0.006 | 0.006 | |||
| Time Certificate of Deposits - SF | 0.006 | 0.006 | 0.006 | 0.006 | 0.006 | 0.006 | |||
| Special Time Deposits | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Unsecured Subordinated Debt | 102.225 | 102.180 | 102.049 | 101.955 | 102.237 | 102.267 | |||
| Unamortized Debt Discount/Premium | (0.264) | (0.258) | (0.252) | (0.246) | (0.249) | (0.243) | |||
| Unsecured Subordinated Debt - Net | 101.961 | 101.922 | 101.797 | 101.709 | 101.987 | 102.024 | |||
| Redeemable Preferred Shares | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Total Other Liabilities | 303.263 | 314.642 | 307.277 | 319.130 | 344.130 | 323.793 | |||
| Due to Other Banks | 30.034 | 26.534 | 27.361 | 22.139 | 37.505 | 25.369 | |||
| Bonds Payable | 5.874 | 11.533 | 11.293 | 11.115 | 11.563 | 11.593 | |||
| Unamortized Bond Discount/Premium | 0.000 | (0.038) | (0.043) | (0.041) | (0.040) | (0.039) | |||
| Bonds Payable - Net | 5.874 | 11.494 | 11.250 | 11.074 | 11.523 | 11.553 | |||
| Financial Liabilities Associated with Transferred Assets | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Derivatives with Negative Fair Value Held for Hedging | 0.396 | 0.368 | 0.375 | 0.348 | 0.379 | 0.410 | |||
| Revaluation of Hedged Liabilities in Portfolio Hedge of Interest Rate Risk | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Accrued Interest Expense on Financial Liabilities | 16.084 | 16.587 | 14.953 | 16.296 | 17.381 | 15.867 | |||
| Finance Lease Payment Payable | 0.210 | 0.207 | 0.204 | 0.204 | 0.196 | 0.193 | |||
| Due to Treasurer of the Philippines | 0.987 | 4.176 | 1.029 | 2.699 | 7.493 | 0.951 | |||
| Treasurer/Cashier/Manager's Checks | 27.318 | 28.410 | 24.019 | 28.351 | 25.624 | 27.416 | |||
| Payment Orders Payable | 2.449 | 2.262 | 2.098 | 1.808 | 2.014 | 2.253 | |||
| Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs | 3.982 | 3.150 | 4.362 | 4.767 | 4.231 | 4.019 | |||
| Cash Letters of Credit | 4.527 | 4.276 | 4.337 | 4.882 | 5.348 | 4.857 | |||
| Outstanding Acceptances Executed by or for Account of this Bank | 5.515 | 5.445 | 6.678 | 5.603 | 6.884 | 6.472 | |||
| Due to Bangko Sentral ng Pilipinas | 0.581 | 0.722 | 0.912 | 1.055 | 1.184 | 1.373 | |||
| Due to Philippine Deposit Insurance Corporation | 0.207 | 0.334 | 0.505 | 0.678 | 0.847 | 1.019 | |||
| Due to Philippine Crop Insurance Corporation | 0.002 | 0.002 | 0.001 | 0.001 | 0.002 | 0.002 | |||
| Income Tax Payable | 1.774 | 1.797 | 1.715 | 1.339 | 1.529 | 1.164 | |||
| Other Taxes and Licenses Payable | 3.275 | 3.159 | 3.132 | 2.809 | 2.499 | 2.736 | |||
| Accrued Expenses | 22.362 | 22.566 | 23.153 | 23.874 | 23.769 | 24.219 | |||
| Unearned Income | 12.179 | 12.199 | 12.336 | 11.810 | 11.487 | 11.199 | |||
| Deferred Tax Liabilities | 4.967 | 4.747 | 5.277 | 5.821 | 4.705 | 4.512 | |||
| Provisions | 1.902 | 1.929 | 1.935 | 1.984 | 2.074 | 2.105 | |||
| Other Liabilities | 135.734 | 131.067 | 131.898 | 145.969 | 151.942 | 143.512 | |||
| Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) | 22.907 | 33.213 | 29.745 | 25.615 | 25.515 | 32.590 | |||
| Due to FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |||
| Capital Accounts | 599.172 | 602.967 | 607.398 | 628.615 | 630.827 | 641.433 | |||
| Paid in Capital Stock | 232.782 | 232.783 | 232.784 | 236.979 | 239.037 | 239.663 | |||
| Additional Paid-in Capital | 47.243 | 47.237 | 47.239 | 56.643 | 59.514 | 59.977 | |||
| Other Equity Instruments | 28.328 | 28.198 | 27.861 | 27.612 | 28.241 | 28.283 | |||
| Retained Earnings | 189.597 | 185.696 | 183.145 | 181.429 | 180.213 | 170.649 | |||
| Stock Dividend Distributable | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.975 | |||
| Undivided Profits | 6.429 | 10.846 | 15.778 | 21.143 | 27.301 | 33.283 | |||
| Other Comprehensive Income | 7.493 | 8.841 | 11.308 | 11.729 | 10.327 | 13.351 | |||
| Appraisal Increment Reserve | 1.817 | 1.817 | 1.847 | 1.847 | 1.833 | 1.833 | |||
| Treasury Stock | (0.973) | (0.973) | (0.973) | (0.973) | (0.973) | (0.973) | |||
| Assigned Capital | 22.268 | 22.268 | 22.442 | 22.442 | 22.442 | 23.282 | |||
| Net Due to HO/Br/Ag | 64.188 | 66.255 | 65.967 | 69.765 | 62.893 | 71.109 | |||
| Key Ratios | |||||||||
| Cash and Due from Banks to Deposits | 20.39 | 20.98 | 21.70 | 20.59 | 21.73 | 20.18 | |||
| Liquid Assets to Deposits 2/ | 57.44 | 58.56 | 60.16 | 59.42 | 59.93 | 57.46 | |||
| Loans, gross to Deposits | 64.31 | 64.32 | 62.90 | 63.37 | 62.26 | 64.28 | |||
| Capital Adequacy Ratio (CAR) 3/ | |||||||||
| Solo Basis | |||||||||
| Consolidated Basis | |||||||||
| Total Capital Accounts to Total Assets 4/ | 11.10 | 11.08 | 11.13 | 11.52 | 11.34 | 11.49 | |||
| 1/ Figures adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks | |||||||||
| 2/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits | |||||||||
| 3/ Based on the framework under Circular No. 280 dated 29 March 2001 which was formally adopted on 1 July 2001. Effective 1 July 2003, the CARs of Universal and Commercial Banks (U/KBs), are based on combined credit and market risks under Circular No. dated 3 December 2002. The capital adequacy framework, covering U/KBs and their subsidiary banks and quasi-banks, was revised under Circular No. 538 dated 2 June 2006 and was formally adopted on 1 July 2007. The CAR computation for Thrift Banks, Rural and Cooperative Banks and Quasi-Banks that are not subsidiaries of U/KBs continue to be governed by Circular No. 280 and Circular No. 400 dated 1 September 2003. | |||||||||
| 4/ Ratio of Total Capital Accounts ( for ratio analysis consists of Total Capital Accounts + Redeemable Preferred Shares) to Total Assets | |||||||||
| Note: Details may not add up to totals due to rounding-off | |||||||||
| Source : Supervisory Data Center, Supervision and Examination Sector | |||||||||
| Updated as of 12 August 2010 | |||||||||