34   SELECTED ASSET QUALITY INDICATORS
	Commercial Banking System *
	as of end of periods indicated
	in billion pesos
	ACCOUNTS		Jan - 11	Feb-11	Mar-11	Apr-11	May - 11	Jun-11	Jul-11	Aug-11	Sept-11 r/	Oct-11	Nov-11
	Levels
	TOTAL ASSETS		829.113	840.809	804.817	849.728	819.179	803.482	854.881	868.185	850.912	861.170	888.153
	GROSS ASSETS 1/		845.156	857.778	821.807	867.906	837.027	820.122	869.882	883.307	866.215	876.236	903.263
	TOTAL LOAN PORTFOLIO (TLP), GROSS		395.354	412.634	397.115	428.440	413.143	390.444	424.858	432.044	423.509	402.945	437.925
	ALLOWANCE FOR CREDIT LOSSES - LOANS		14.215	15.137	15.140	16.305	15.953	14.793	13.152	13.285	13.429	13.221	13.287
	INTERBANK LOANS RECEIVABLES		35.232	44.995	37.129	36.435	42.399	36.156	46.384	41.148	42.323	39.058	36.970
	RESTRUCTURED LOANS(RL), GROSS		8.807	8.263	7.386	7.311	7.185	7.361	6.633	6.575	6.456	6.535	6.498
	RESTRUCTURED LOANS, PERFORMING		5.298	3.823	3.141	3.158	4.431	3.347	4.103	3.817	3.125	4.090	4.010
	NON-PERFORMING LOANS 2/		12.719	13.143	13.373	13.883	13.791	13.731	12.662	13.038	12.956	15.565	13.523
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)		8.120	8.129	8.047	8.060	8.130	8.108	7.895	7.855	7.964	7.911	7.926
	ROPA, GROSS (Inclusive of Performing SCR)		12.423	12.397	12.397	12.209	12.262	12.106	11.957	11.861	11.838	11.771	11.726
	ALLOWANCE FOR ROPA 3/		1.828	1.832	1.850	1.873	1.895	1.847	1.849	1.838	1.874	1.845	1.823
	ROPA, GROSS 4/		10.914	10.858	10.870	10.671	10.657	10.463	10.236	10.155	10.164	10.124	10.138
	NON-CURRENT ASSETS HELD FOR SALE **		1.781	1.755	1.844	1.656	1.651	1.462	1.426	1.365	1.295	1.261	1.220
	NON-PERFORMING ASSETS (NPA) 5/		23.633	24.001	24.243	24.554	24.448	24.194	22.899	23.193	23.120	25.689	23.661
	ALLOWANCE ON NPA 6/		16.044	16.970	16.990	18.178	17.849	16.640	15.001	15.123	15.303	15.066	15.110
	DISTRESSED ASSETS 7/		28.931	27.824	27.383	27.713	28.879	27.541	27.001	27.011	26.246	29.780	27.672
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		1.509	1.540	1.527	1.538	1.605	1.643	1.720	1.706	1.673	1.647	1.588
	NON-PERFORMING SCR		1.014	0.974	0.979	0.955	0.876	0.892	0.915	0.935	0.906	0.952	0.993
	PAST DUE LOANS		18.479	17.983	18.058	19.185	20.281	19.562	17.923	18.151	17.717	19.964	17.837
	Annual Growth Rates
	TOTAL ASSETS		0.92	0.37	(0.71)	4.18	(0.67)	0.97	7.83	9.19	7.17	5.96	1.63
	GROSS ASSETS 1/		0.77	0.41	(0.66)	4.30	(0.52)	0.93	7.42	8.75	6.81	5.59	1.39
	TOTAL LOAN PORTFOLIO (TLP), GROSS		(3.01)	4.84	5.79	16.65	13.23	3.22	16.76	18.29	14.83	9.19	5.64
	ALLOWANCE FOR CREDIT LOSSES - LOANS		(7.65)	1.96	1.42	10.23	5.91	(1.80)	(13.95)	(13.69)	(12.69)	(14.31)	(12.58)
	INTERBANK LOANS RECEIVABLES		(52.24)	(29.62)	(35.84)	(35.30)	(22.93)	(34.20)	(9.52)	1.49	73.14	22.50	45.62
	RESTRUCTURED LOANS(RL), GROSS		(4.43)	(11.78)	(19.67)	(20.50)	(4.23)	(18.94)	(26.15)	(25.30)	(27.45)	(27.36)	(26.97)
	RESTRUCTURED LOANS, PERFORMING		(17.99)	(36.78)	(47.52)	(44.25)	15.03	(38.83)	(27.09)	(30.12)	(43.13)	(20.09)	(25.14)
	NON-PERFORMING LOANS 2/		(13.53)	(6.98)	(5.86)	(3.67)	(7.15)	(9.70)	(17.07)	(12.75)	(4.07)	8.99	(1.94)
	REAL AND OTHER PROPERTIES ACQUIRED (ROPA)		(17.70)	(17.30)	(9.28)	(7.83)	(6.28)	(5.83)	(8.12)	(8.85)	(8.51)	(8.60)	(8.67)
	ROPA, GROSS (Inclusive of Performing SCR)		(2.12)	(1.55)	0.40	(0.10)	1.09	0.33	(1.24)	(2.02)	(3.05)	(3.39)	(3.67)
	ALLOWANCE FOR ROPA 3/		7.35	6.48	7.42	10.44	16.02	10.55	10.11	8.83	11.22	8.81	7.59
	ROPA, GROSS 4/		3.17	3.10	5.62	4.81	5.29	3.85	2.03	(4.71)	(5.67)	(5.27)	(5.18)
	NON-CURRENT ASSETS HELD FOR SALE **		429.71	421.19	71.67	54.49	54.68	33.84	29.86	22.60	22.36	20.86	19.95
	NON-PERFORMING ASSETS (NPA) 5/		(6.54)	(2.68)	(1.04)	(0.16)	(2.11)	(4.30)	(9.49)	(9.40)	(4.78)	2.88	(3.35)
	ALLOWANCE ON NPA 6/		(6.15)	2.43	2.04	10.25	6.90	(0.57)	(11.57)	(11.46)	(10.33)	(12.02)	(10.56)
	DISTRESSED ASSETS 7/		(8.87)	(9.39)	(10.17)	(8.42)	0.18	(10.44)	(12.70)	(13.04)	(11.86)	(1.02)	(7.26)
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		(28.60)	(25.28)	(25.74)	(24.59)	(20.05)	(17.48)	(17.07)	17.77	16.61	10.11	7.18
	NON-PERFORMING SCR		162.35	158.62	156.38	140.05	112.18	115.23	135.67	(5.41)	(15.72)	(8.20)	(4.95)
	PAST DUE LOANS		(15.41)	(9.79)	(8.82)	(6.83)	(2.17)	(7.61)	(15.00)	(11.40)	(4.00)	(1.39)	(5.09)
	Selected Ratios  (%)
											.	.	.
	Past Due Ratio		4.64	4.34	4.52	4.46	4.88	4.98	4.20	4.18	4.17	4.94	4.06
	RL to TLP		2.21	1.99	1.85	1.70	1.73	1.87	1.55	1.51	1.52	1.62	1.48
	LLR to TLP		3.60	3.67	3.81	3.81	3.86	3.79	3.10	3.07	3.17	3.28	3.03
	NPL Ratio (inclusive of IBL)		3.22	3.19	3.37	3.24	3.34	3.52	2.98	3.02	3.06	3.86	3.09
	NPL Ratio (exclusive of IBL)		3.53	3.58	3.71	3.54	3.72	3.88	3.35	3.34	3.40	4.28	3.37
	NPL Coverage 8/		111.76	115.17	113.21	117.45	115.68	107.73	103.87	101.89	103.65	84.94	98.26
	NPA to Gross Assets		2.80	2.80	2.95	2.83	2.92	2.95	2.63	2.63	2.67	2.93	2.62
	NPA Coverage 9/		67.89	70.70	70.08	74.03	73.01	68.78	65.51	65.20	66.19	58.65	63.86
	Distressed Assets 10/		7.09	6.55	6.69	6.29	6.79	6.84	6.18	6.08	6.03	7.18	6.15
	* Inclusive of other branches/subsidiaries of foreign banks
	**  New Account under the Financial Reporting Package
	1/Total Assets, Net of Due to Head Office/Branches/Agencies + Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
	2/Loans Classified as Past Due and Already Non-Performing + Items in Litigation - Loans Classified as Loss Fully Covered by Allowance for Credit Losses
	3/Consists of Allowance for Losses (ROPA), Accumulated Depreciation (ROPA) and Allowance for Credit Losses - SCR, allowance for credit losses (NCAHS)
	4/Includes Real and Other Properties Acquired (ROPA) +  Non- Performing Sales Contract Receivable (SCR) + Non-Current Assets Held for Sale for financial ratio analysis
	5/Non-Performing Loans + ROPA, Gross
	6/ Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA
	7/ Non-Performing Assets (NPA) + Performing Restructured Loans (RL)
	8/ Ratio of Allowance for Credit Losses - Loans to Non-Performing Loans
	9/ Ratio of Allowance on NPA to NPA
	10/ Ratio of Distressed Assets to Total Loan Portfolio, Gross + ROPA, Gross (inclusive of Performing SCR)
	r/ Revised
	Note: Details may not add up to totals due to rounding-off
	Source: Supervisory Data Center, Supervision and Examination Sector
	Updated as of 23 December 2011