| 48 CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS | ||||||||
| Rural and Cooperative Banking System | ||||||||
| as of end of periods indicated | ||||||||
| in billion pesos | ||||||||
| Selected Accounts | Mar-09 | Jun-09 | Sep-09 | Dec-09 | ||||
| Asset Accounts 2/ | 156.491 | 161.570 | 165.693 | 172.620 | ||||
| Cash and Due from Banks | 27.859 | 30.894 | 32.960 | 37.972 | ||||
| Financial Assets, Excl of Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization) | 7.193 | 7.543 | 7.910 | 8.596 | ||||
| Financial Assets Held for Trading (HFT) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS Financial Assets, Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS Debt Securities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS-Debt Securities Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| AFS-Equity Securities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Held-to-Maturity (HTM) Financial Assets | 7.193 | 7.543 | 7.910 | 8.596 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| HTM Financial Assets - Net of Amortization | 7.193 | 7.543 | 7.910 | 8.596 | ||||
| Unquoted Debt Securities Classified as Loans | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unquoted Debt Securities Classified as Loans -Net of Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Investment in Non-Markeatable Equity Securities (INMES) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accumulated Market Gain (Losses) -Financial Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Financial Assets | 0.196 | 0.241 | 0.277 | 0.261 | ||||
| Allowance for Credit Losses-AFS | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-HTM | 0.196 | 0.241 | 0.277 | 0.261 | ||||
| Allowance for Credit Losses-Unquoted Debt Securities Classified as Loans | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses- INMES | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Assets -Net of Allowance for Credit Losses | 6.997 | 7.302 | 7.633 | 8.335 | ||||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent. | 0.181 | 0.181 | 0.183 | 0.185 | ||||
| Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent | 0.010 | 0.010 | 0.007 | 0.010 | ||||
| Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses) | 0.171 | 0.171 | 0.176 | 0.175 | ||||
| Total Loan Portfolio, gross (net of amortization) | 105.503 | 107.048 | 108.832 | 110.007 | ||||
| Loans and Receivables, gross (net of amortization) | 105.503 | 107.048 | 108.832 | 110.007 | ||||
| Loans to Bangko Sentral ng Pilipinas | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Interbank Loans Receivable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Loans and Receivables -Others | 105.503 | 107.048 | 108.832 | 110.007 | ||||
| Unamortized Discount and Other Deferred Credits | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Loans and Receivables - Others - Net of Amortization | 105.503 | 107.048 | 108.832 | 110.007 | ||||
| Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Loans | 4.856 | 5.070 | 5.283 | 5.318 | ||||
| Allowance for Credit Losses-Interbank Loans Receivable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Credit Losses-Loans and Receivables -Other | 3.855 | 4.023 | 4.215 | 4.212 | ||||
| Allowance for Credit Losses-LRARA | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| General Loan Loss Provision (GLLP) | 1.001 | 1.047 | 1.068 | 1.106 | ||||
| Total Loan Portfolio, Net of Allowance for Credit Losses | 100.647 | 101.978 | 103.549 | 104.689 | ||||
| Total ROPA | 8.976 | 8.932 | 9.055 | 9.049 | ||||
| Sales Contract Receivable | 0.832 | 0.891 | 0.908 | 0.952 | ||||
| Non-Current Assets Held for Sale | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Real and Other Properties Acquired | 8.145 | 8.041 | 8.148 | 8.097 | ||||
| Accumulated Depreciation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Discount and Other Deferred Credits | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses - ROPA | 0.460 | 0.432 | 0.450 | 0.491 | ||||
| Allowance for Credit Losses- Sales Contract Receivable | 0.007 | 0.007 | 0.007 | 0.007 | ||||
| Allowance for Losses -Real and Other Properties Acquired | 0.453 | 0.426 | 0.443 | 0.484 | ||||
| Allowance for Credit Losses -Non Current Assets held for Sale | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| ROPA, Net of Allowance for Losses | 8.517 | 8.499 | 8.605 | 8.558 | ||||
| Total Other Assets, Net | 12.299 | 12.725 | 12.769 | 12.890 | ||||
| Derivatives with Positive Fair Value Held for Hedging | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Revaluation of Hedged Assets in Portfolio Hedge of Interest Rate Risk | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Goodwill | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Goodwill - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Interest Income from Financial Assets | 1.349 | 1.407 | 1.389 | 1.507 | ||||
| Allowance for Credit Losses | 0.107 | 0.078 | 0.087 | 0.102 | ||||
| Accrued Interest Income from Financial Assets, net | 1.242 | 1.329 | 1.302 | 1.405 | ||||
| Bank Premises, Furniture, Fixture and Equipment | 5.852 | 5.941 | 5.874 | 6.094 | ||||
| Accumulated Depreciation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bank Premises, Furniture, Fixture and Equipment - Net | 5.852 | 5.941 | 5.874 | 6.094 | ||||
| Other Intangible Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accumulated Amortization | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Allowance for Losses | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Intangible Assets, net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Deferred Tax Asset | 0.393 | 0.401 | 0.481 | 0.528 | ||||
| Due from FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Assets | 5.283 | 5.532 | 5.629 | 5.492 | ||||
| Allowance for Losses | 0.470 | 0.478 | 0.516 | 0.627 | ||||
| Other Assets - Net | 4.812 | 5.054 | 5.113 | 4.865 | ||||
| LIABILITIES AND CAPITAL | 156.491 | 161.570 | 165.693 | 172.620 | ||||
| Liability Accounts | 131.050 | 135.263 | 139.161 | 145.451 | ||||
| Financial Liabilities Held for Trading | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Liabilities Designated at Fair Value through Profit or Loss | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Deposit Liabilities | 104.635 | 108.543 | 111.764 | 114.497 | ||||
| Peso | 104.635 | 108.543 | 111.764 | 114.497 | ||||
| Demand & NOW | 2.965 | 3.243 | 3.303 | 3.479 | ||||
| Savings Deposits | 71.318 | 74.004 | 75.188 | 77.649 | ||||
| Time Certificate of Deposits | 30.352 | 31.296 | 33.272 | 33.368 | ||||
| LTNCD | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Foreign Currency | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bills Payable | 15.958 | 15.650 | 15.713 | 19.254 | ||||
| Deposit Substitutes | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Others | 15.958 | 15.650 | 15.713 | 19.254 | ||||
| Special Financing | 0.091 | 0.113 | 0.113 | 0.110 | ||||
| Time Certificate of Deposits - SF | 0.049 | 0.047 | 0.041 | 0.037 | ||||
| Special Time Deposits | 0.042 | 0.066 | 0.072 | 0.074 | ||||
| Unsecured Subordinated Debt | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Debt Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unsecured Subordinated Debt - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Redeemable Preferred Shares | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Total Other Liabilities | 10.366 | 10.957 | 11.571 | 11.589 | ||||
| Due to Other Banks | 0.036 | 0.099 | 0.033 | 0.095 | ||||
| Bonds Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Unamortized Bond Discount/Premium | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Bonds Payable - Net | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Financial Liabilities Associated with Transferred Assets | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Derivatives with Negative Fair Value Held for Hedging | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Revaluation of Hedged Liabilities in Portfolio Hedge of Interest Rate Risk | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Interest Expense on Financial Liabilities | 2.680 | 2.628 | 2.785 | 2.826 | ||||
| Finance Lease Payment Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to Treasurer of the Philippines | 0.001 | 0.001 | 0.001 | 0.002 | ||||
| Treasurer/Cashier/Manager's Checks | 0.037 | 0.035 | 0.049 | 0.068 | ||||
| Payment Orders Payable | 0.000 | 0.050 | 0.150 | 0.050 | ||||
| Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Cash Letters of Credit | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Outstanding Acceptances Executed by or for Account of this Bank | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to Bangko Sentral ng Pilipinas | 0.013 | 0.011 | 0.012 | 0.011 | ||||
| Due to Philippine Deposit Insurance Corporation | 0.014 | 0.016 | 0.015 | 0.015 | ||||
| Due to Philippine Crop Insurance Corporation | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Income Tax Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Taxes and Licenses Payable | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Accrued Expenses | 0.818 | 0.697 | 0.867 | 0.674 | ||||
| Unearned Income | 1.725 | 1.520 | 1.465 | 1.398 | ||||
| Deferred Tax Liabilities | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Provisions | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Other Liabilities | 5.042 | 5.900 | 6.193 | 6.450 | ||||
| Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Due to FCDU/RBU | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Capital Accounts | 25.440 | 26.307 | 26.533 | 27.169 | ||||
| Paid in Capital Stock | 16.202 | 16.209 | 16.308 | 16.807 | ||||
| Additional Paid-in Capital | 0.226 | 0.223 | 0.232 | 0.218 | ||||
| Other Equity Instruments | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Retained Earnings | 7.399 | 7.317 | 6.703 | 6.327 | ||||
| Stock Dividend Distributable | 0.194 | 0.281 | 0.249 | 1.169 | ||||
| Undivided Profits | 1.269 | 2.100 | 2.868 | 2.471 | ||||
| Other Comprehensive Income | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Appraisal Increment Reserve | 0.150 | 0.177 | 0.171 | 0.177 | ||||
| Treasury Stock | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Assigned Capital | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Net Due to HO/Br/Ag | 0.000 | 0.000 | 0.000 | 0.000 | ||||
| Key Ratios | ||||||||
| Cash and Due from Banks to Deposits | 26.63 | 28.46 | 29.49 | 33.16 | ||||
| Liquid Assets to Deposits 3/ | 33.31 | 35.19 | 36.32 | 40.44 | ||||
| Loans, gross to Deposits | 100.83 | 98.62 | 97.38 | 96.08 | ||||
| Capital Adequacy Ratio (CAR) 4/ | ||||||||
| Solo Basis | 18.03 | 18.15 | 18.03 | |||||
| Consolidated Basis | 18.03 | 18.15 | 18.03 | |||||
| Total Capital Accounts to Total Assets 5/ | 16.26 | 16.28 | 16.01 | 15.74 | ||||
| 1/ Inclusive of other branches / subsidiaries of foreign banks | ||||||||
| 2/ Figures adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks | ||||||||
| 3/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits | ||||||||
| 4/ 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 | ||||||||
| 5/ 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 23 March 2010 | ||||||||