52   SELECTED ASSET QUALITY INDICATORS
             Rural and Cooperative Banking System  
             as of end of periods indicated  
             in billion pesos  
     
  ACCOUNTS Mar-11
     
  Levels  
  TOTAL ASSETS                                                                   181.662
  GROSS ASSETS 1/                                                                   188.331
  TOTAL LOAN PORTFOLIO (TLP), GROSS                                                                    116.829
  ALLOWANCE FOR CREDIT LOSSES - LOANS                                                                       5.987
  INTERBANK LOANS RECEIVABLES                                                                             -  
  RESTRUCTURED LOANS(RL), GROSS                                                                       1.803
  RESTRUCTURED LOANS, PERFORMING                                                                       1.353
  NON-PERFORMING LOANS 2/                                                                     11.875
  REAL AND OTHER PROPERTIES ACQUIRED (ROPA)                                                                       8.412
  ROPA, GROSS (Inclusive of Performing SCR)                                                                       9.634
  ALLOWANCE FOR ROPA                                                                       0.682
  ROPA, GROSS 3/                                                                       8.556
  NON-CURRENT ASSETS HELD FOR SALE *                                                                       1.606
  NON-PERFORMING ASSETS (NPA) 4/                                                                     20.431
  ALLOWANCE ON NPA 5/                                                                       6.669
  DISTRESSED ASSETS 6/                                                                     21.783
  PERFORMING SALES CONTRACT RECEIVABLES (SCR)                                                                       1.078
  NON-PERFORMING SCR                                                                       0.108
  PAST DUE LOANS                                                                     15.094
   
  Annual Growth Rates  
  TOTAL ASSETS                                                                         5.62
  GROSS ASSETS 1/                                                                         6.10
  TOTAL LOAN PORTFOLIO (TLP), GROSS                                                                          5.39
  ALLOWANCE FOR CREDIT LOSSES - LOANS                                                                       20.96
  INTERBANK LOANS RECEIVABLES                                                                         1.00
  RESTRUCTURED LOANS(RL), GROSS                                                                       23.16
  RESTRUCTURED LOANS, PERFORMING                                                                       14.43
  NON-PERFORMING LOANS 2/                                                                       16.18
  REAL AND OTHER PROPERTIES ACQUIRED (ROPA)                                                                         3.14
  ROPA, GROSS (Inclusive of Performing SCR)                                                                         2.90
  ALLOWANCE FOR ROPA                                                                       25.59
  ROPA, GROSS 3/                                                                         2.34
  NON-CURRENT ASSETS HELD FOR SALE *                                                                             -  
  NON-PERFORMING ASSETS (NPA) 4/                                                                         9.96
  ALLOWANCE ON NPA 5/                                                                       21.42
  DISTRESSED ASSETS 6/                                                                       10.22
  PERFORMING SALES CONTRACT RECEIVABLES (SCR)                                                                         7.55
  NON-PERFORMING SCR                                                                       19.70
  PAST DUE LOANS                                                                         7.05
   
  Selected Ratios  (%)  
   
       Past Due Ratio 12.83
       RL to TLP 1.70
       LLR to TLP 5.12
       NPL Ratio (inclusive of IBL) 10.16
       NPL Ratio (exclusive of IBL) 10.16
       NPL Coverage7/ 50.42
       NPA to Gross Assets  10.85
       NPA Coverage 8/ 32.64
       Distressed Assets 9/ 17.23
   
  *  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/Includes Real and Other Properties Acquired (ROPA) +  Non- Performing Sales Contract Receivable (SCR) + Non-Current Assets Held for Sale for financial ratio analysis
  4/Non-Performing Loans + ROPA, Gross
  5/ Allowance for Credit Losses-Loans + Allowance for Credit Losses - Sales Contract Receivable (SCR) + Allowance for Losses - ROPA + Accumulated Depreciation - ROPA
  6/ Non-Performing Assets (NPA) + Performing Restructured Loans (RL)
  7/ Ratio of Allowance for Credit Losses - Loans to Non-Performing Loans
  8/ Ratio of Allowance on NPA to NPA
  9/ Ratio of Distressed Assets to Total Loan Portfolio, Gross + ROPA, Gross (inclusive of Performing SCR)
   
  Note: Details may not add up to totals due to rounding-off  
  Source : Supervisory Data Center, Supervision and Examination Sector  
Updated as of 21 November 2011