53  CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS
Rural Banking System
as of end of periods indicated
in billion pesos
Selected Accounts					Mar-11
	Asset Accounts				165.795
	Cash and Due from Banks				34.288
	Financial Assets, Excl of  Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization)				10.481
		Financial Assets Held for Trading (HFT)			0.000
		Financial Assets Designated at Fair Value through Profit or Loss - Debt Sect			0.000
		AFS Financial Assets, Net of Amortization			1.889
			AFS Debt Securities		1.873
			Unamortized Discount/Premium		0.000
			AFS-Debt Securities Net of Amortization		1.873
			AFS-Equity Securities		0.016
		Held-to-Maturity (HTM) Financial Assets			6.881
			Unamortized Discount/Premium		0.051
		HTM Financial Assets - Net of Amortization			6.932
		Unquoted Debt Securities Classified as Loans			1.451
			Unamortized Discount/Premium		0.004
		Unquoted Debt Securities Classified as Loans -Net of Amortization			1.454
		Investment in Non-Markeatable Equity Securities (INMES)			0.206
	Accumulated Market Gain (Losses) -Financial Assets				0.002
	Allowance for Credit Losses-Financial Assets				0.439
		Allowance for Credit Losses-AFS			0.000
		Allowance for Credit Losses-HTM			0.059
		Allowance for Credit Losses-Unquoted Debt Securities Classified as Loans			0.359
		Allowance for Credit Losses- INMES			0.022
	Financial Assets -Net of Allowance for Credit Losses				10.044
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.				0.081
	Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent				0.007
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses)				0.073
	Total Loan Portfolio, gross (net of amortization)				105.849
		Loans and Receivables, gross (net of amortization)			105.845
		Loans to Bangko Sentral ng Pilipinas			0.000
		Interbank Loans Receivable			0.000
		Loans and Receivables -Others			106.636
			Unamortized Discount and Other Deferred Credits		0.790
		Loans and Receivables - Others - Net of Amortization			105.845
		Loans and Receivables Arising from Repurchase Agreements, Certificates of Assignment/Participation with Recourse, and Securities Lending and Borrowing Transactions			0.003
	Allowance for Credit Losses-Loans				6.129
		Allowance for Credit Losses-Interbank Loans Receivable			0.000
		Allowance for Credit Losses-Loans and Receivables -Other			5.071
		Allowance for Credit Losses-LRARA			0.000
		General Loan Loss Provision (GLLP)			1.057
	Total Loan Portfolio, Net of Allowance for Credit Losses				99.720
	Total ROPA				9.184
		Sales Contract Receivable			1.093
		Non-Current Assets Held for Sale			0.035
		Real and Other Properties Acquired			8.056
	Accumulated Depreciation				0.198
	Unamortized Discount and Other Deferred Credits				0.060
	Allowance for Losses - ROPA				0.464
		Allowance for Credit Losses- Sales Contract Receivable			0.015
		Allowance for Losses -Real and Other Properties Acquired			0.449
		Allowance for Credit Losses -Non Current Assets held for Sale			0.000
	ROPA, Net of Allowance for Losses				8.462
	Total Other Assets, Net				13.208
		Derivatives with Positive Fair Value Held for Hedging			0.000
		Revaluation of Hedged Assets in Portfolio Hedge of Interest Rate Risk			0.000
		Goodwill			0.030
			Allowance for Losses		0.000
		Goodwill - Net			0.030
		Accrued Interest Income from Financial Assets			2.472
			Allowance for Credit Losses		0.217
		Accrued Interest Income from Financial Assets, net			2.255
		Bank Premises, Furniture, Fixture and Equipment			11.193
			Accumulated Depreciation		5.236
			Allowance for Losses		0.003
		Bank Premises, Furniture, Fixture and Equipment - Net			5.954
		Other Intangible Assets			0.259
			Accumulated Amortization		0.038
			Allowance for Losses		0.027
		Other Intangible Assets, net			0.194
		Deferred Tax Asset			0.790
		Due from FCDU/RBU			0.000
		Other Assets			4.553
			Allowance for Losses		0.568
		Other Assets - Net			3.985
	LIABILITIES AND CAPITAL				165.795
	Liability Accounts				136.629
	Financial Liabilities Held for Trading				0.000
	Financial Liabilities Designated at Fair Value through Profit or Loss				0.000
	Deposit Liabilities				113.517
		Peso			113.464
		Demand & NOW			3.538
		Savings Deposits			75.227
		Time Certificate of Deposits			34.553
		LTNCD			0.146
		Foreign Currency			0.053
	Bills Payable				13.904
		Deposit Substitutes			0.000
		Others			13.904
	Special Financing				0.040
		Time Certificate of Deposits  - SF			0.004
		Special Time Deposits			0.035
	Unsecured Subordinated Debt				0.529
			Unamortized Debt Discount/Premium		(0.001)
	Unsecured Subordinated Debt - Net				0.528
	Redeemable Preferred Shares				0.111
	Total Other Liabilities				8.531
		Due to Other Banks			0.000
		Bonds Payable			0.000
			Unamortized Bond Discount/Premium		0.000
		Bonds Payable - Net			0.000
		Financial Liabilities Associated with Transferred Assets			0.000
		Derivatives with Negative Fair Value Held for Hedging			0.000
		Revaluation of Hedged Liabilities in Portfolio Hedge of Interest Rate Risk			0.000
		Accrued Interest Expense on Financial Liabilities			1.974
		Finance Lease Payment Payable			0.023
		Due to Treasurer of the Philippines			0.002
		Treasurer/Cashier/Manager's Checks			0.112
		Payment Orders Payable			0.001
		Margin Deposits on LCs and Customers' Liability on Bills/Drafts under LCs and/or TRs			0.000
		Cash Letters of Credit			0.000
		Outstanding Acceptances Executed by or for Account of this Bank			0.000
		Due to Bangko Sentral ng Pilipinas			0.002
		Due to Philippine Deposit Insurance Corporation			0.007
		Due to Philippine Crop Insurance Corporation			0.012
		Income Tax Payable			0.631
		Other Taxes and Licenses Payable			0.042
		Accrued Expenses			0.639
		Unearned Income			0.747
		Deferred Tax Liabilities			0.014
		Provisions			0.121
		Other Liabilities			4.204
		Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank)			0.000
		Due to FCDU/RBU			0.000
	Capital Accounts				29.166
	Paid in Capital Stock				17.483
	Additional Paid-in Capital				0.803
	Other Equity Instruments				0.012
	Retained Earnings				9.210
	Stock Dividend Distributable				0.128
	Undivided Profits				1.397
	Other Comprehensive Income				(0.015)
	Appraisal Increment Reserve				0.149
	Treasury Stock				(0.001)
	Assigned Capital				0.000
	Net Due to HO/Br/Ag				0.000
	Key  Ratios
	Cash and Due from Banks to Deposits				30.21
	Liquid Assets to Deposits 1/				39.05
	Loans, gross to Deposits				93.24
	Capital Adequacy Ratio (CAR) 2/
			Solo Basis		18.86
			Consolidated Basis		18.86
	Total Capital Accounts to Total Assets 3/				17.66
	1/ Ratio of Liquid Assets (Cash and Due from Banks + Financial Assets, Net of Allowance for Credit Losses) to Total Deposits
	2/ 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.
	3/ 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 21 November 2011