58  CONSOLIDATED STATEMENT OF CONDITION AND KEY RATIOS
Cooperative Banking System p/
as of end of periods indicated
in billion pesos
Selected Accounts				Mar-09	Jun-09	Sep-09	Dec-09
	Asset Accounts 2/			13.113	13.832	14.454	15.219
	Cash and Due from Banks			2.180	2.397	2.437	2.848
	Financial Assets, Excl of  Equity Investments in Subs., Assoc. and Joint Vent (Net of Amortization)			0.339	0.378	0.461	0.468
		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		0.339	0.378	0.461	0.468
			Unamortized Discount/Premium	0.000	0.000	0.000	0.000
		HTM Financial Assets - Net of Amortization		0.339	0.378	0.461	0.468
		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			0.039	0.039	0.038	0.030
		Allowance for Credit Losses-AFS		0.000	0.000	0.000	0.000
		Allowance for Credit Losses-HTM		0.039	0.039	0.038	0.030
		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			0.299	0.339	0.423	0.438
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.			0.056	0.052	0.054	0.054
	Allowance for Credit Losses-Equity Investment in Subsidiaries, Assoc. and Joint Vent			0.000	0.000	0.000	0.000
	Equity Investments In Subsidiaries, Assoc. & Joint Vent.(Net of Allow. For Credit Losses)			0.056	0.052	0.054	0.054
	Total Loan Portfolio, gross (net of amortization)			9.673	10.035	10.522	10.911
		Loans and Receivables, gross (net of amortization)		9.673	10.035	10.522	10.911
		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		9.673	10.035	10.522	10.911
			Unamortized Discount and Other Deferred Credits	0.000	0.000	0.000	0.000
		Loans and Receivables - Others - Net of Amortization		9.673	10.035	10.522	10.911
		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			0.491	0.497	0.522	0.525
		Allowance for Credit Losses-Interbank Loans Receivable		0.000	0.000	0.000	0.000
		Allowance for Credit Losses-Loans and Receivables -Other		0.369	0.376	0.399	0.394
		Allowance for Credit Losses-LRARA		0.000	0.000	0.000	0.000
		General Loan Loss Provision (GLLP)		0.122	0.121	0.123	0.131
	Total Loan Portfolio, Net of Allowance for Credit Losses			9.182	9.539	10.000	10.386
	Total ROPA			0.460	0.475	0.482	0.422
		Sales Contract Receivable		0.033	0.044	0.047	0.059
		Non-Current Assets Held for Sale		0.000	0.000	0.000	0.000
		Real and Other Properties Acquired		0.427	0.431	0.435	0.363
	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			0.013	0.012	0.012	0.012
		Allowance for Credit Losses- Sales Contract Receivable		0.000	0.000	0.000	0.000
		Allowance for Losses -Real and Other Properties Acquired		0.013	0.011	0.012	0.012
		Allowance for Credit Losses -Non Current Assets held for Sale		0.000	0.000	0.000	0.000
	ROPA, Net of Allowance for Losses			0.447	0.463	0.470	0.410
	Total Other Assets, Net			0.948	1.040	1.070	1.082
		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		0.075	0.075	0.080	0.085
			Allowance for Credit Losses	0.002	0.002	0.002	0.001
		Accrued Interest Income from Financial Assets, net		0.073	0.073	0.078	0.084
		Bank Premises, Furniture, Fixture and Equipment		0.466	0.481	0.501	0.518
			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		0.466	0.481	0.501	0.518
		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		0.000	0.000	0.000	0.000
		Due from FCDU/RBU		0.000	0.000	0.000	0.000
		Other Assets		0.429	0.508	0.513	0.500
			Allowance for Losses	0.020	0.022	0.022	0.020
		Other Assets - Net		0.409	0.486	0.491	0.480
	LIABILITIES AND CAPITAL			13.113	13.832	14.454	15.219
	Liability Accounts			11.314	11.954	12.465	13.097
	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			7.896	8.305	8.716	9.167
		Peso		7.896	8.305	8.716	9.167
		Demand & NOW		0.061	0.083	0.087	0.098
		Savings Deposits		3.622	3.802	3.855	4.181
		Time Certificate of Deposits		4.213	4.420	4.774	4.888
		LTNCD		0.000	0.000	0.000	0.000
		Foreign Currency		0.000	0.000	0.000	0.000
	Bills Payable			2.658	2.814	2.897	3.089
		Deposit Substitutes		0.000	0.000	0.000	0.000
		Others		2.658	2.814	2.897	3.089
	Special Financing			0.019	0.045	0.055	0.060
		Time Certificate of Deposits  - SF		0.000	0.000	0.000	0.000
		Special Time Deposits		0.019	0.045	0.055	0.060
	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			0.741	0.790	0.797	0.781
		Due to Other Banks		0.005	0.004	0.004	0.000
		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		0.086	0.091	0.092	0.070
		Finance Lease Payment Payable		0.000	0.000	0.000	0.000
		Due to Treasurer of the Philippines		0.000	0.000	0.000	0.000
		Treasurer/Cashier/Manager's Checks		0.000	0.000	0.000	0.000
		Payment Orders Payable		0.000	0.000	0.000	0.000
		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		0.001	0.000	0.002	0.000
		Due to Philippine Deposit Insurance Corporation		0.000	0.000	0.000	0.000
		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		0.046	0.054	0.061	0.037
		Unearned Income		0.094	0.117	0.113	0.112
		Deferred Tax Liabilities		0.000	0.000	0.000	0.000
		Provisions		0.000	0.000	0.000	0.000
		Other Liabilities		0.509	0.523	0.524	0.562
		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			1.799	1.878	1.989	2.122
	Paid in Capital Stock			1.134	1.164	1.199	1.295
	Additional Paid-in Capital			0.046	0.045	0.047	0.039
	Other Equity Instruments			0.000	0.000	0.000	0.000
	Retained Earnings			0.665	0.628	0.596	0.815
	Stock Dividend Distributable			0.007	0.007	0.007	0.009
	Undivided Profits			(0.054)	0.034	0.140	(0.036)
	Other Comprehensive Income			0.000	0.000	0.000	0.000
	Appraisal Increment Reserve			0.000	0.000	0.000	0.000
	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			27.61	28.86	27.96	31.07
	Liquid Assets to Deposits 3/			31.40	32.94	32.81	35.85
	Loans, gross to Deposits			122.50	120.84	120.72	119.02
	Capital Adequacy Ratio (CAR) 4/
			Solo Basis	15.33	15.44	15.56
			Consolidated Basis	15.33	15.44	15.56
	Total Capital Accounts to Total Assets 5/			13.72	13.58	13.76	13.94
	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
	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 March 2010