59 Income Statement          
             
             
  Cooperative Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-19 Jun-19 Sep-19 Dec-19  
   
  TOTAL OPERATING INCOME   504,685.78 1,059,663.74 1,590,340.05 2,237,501.14  
  Interest Income 492,692.84 1,006,849.19 1,543,736.73 2,090,656.12  
  Interest Expense 127,382.00 259,180.07 385,877.80 511,868.16  
  Provision for Losses on Accrued Interest Income from Financial Assets 0.00 0.00 0.00 0.00  
  Net Interest Income 365,310.85 747,669.12 1,157,858.93 1,578,787.96  
  Non-Interest income 139,374.93 311,994.61 432,481.13 658,713.19  
  (1) Dividend Income 0.00 10.13 113.99 74.97  
  (2) Fees and Commissions Income 85,131.53 196,412.72 241,391.08 321,174.66  
  (3) Trading Income 11,873.09 24,898.78 46,356.67 78,708.96  
  (a) Realized Gains/(Losses) from Sale/Redemption 0.00 0.00 0.00 0.00  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 0.00 0.00 0.00 0.00  
  (c) Realized Gains/(Losses) from FX Transactions 476.62 57.12 57.12 0.00  
  (d) Foreign Exchange Profit/(Loss) 0.00 -0.55 -2.42 -2.42  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 0.00 0.00 0.00 0.00  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 11,396.48 24,842.21 46,301.97 78,711.38  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL 0.00 0.00 0.00 0.00  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00 0.00 0.00 0.00  
  (4) Other income 42,370.31 90,672.99 144,619.39 258,754.59  
  NON-INTEREST EXPENSES 375,884.82 802,140.98 1,223,168.73 1,747,650.77  
  (1) Compensation/Fringe Benefits 193,309.35 421,152.35 615,076.80 930,095.22  
  (2) Taxes and Licenses 7,909.20 16,409.88 25,927.81 41,263.74  
  (3) Fees and Commissions 548.01 859.71 1,277.97 2,491.87  
  (4) Other Administrative Expenses 115,669.32 243,808.77 381,582.30 536,960.83  
  (5) Depreciation/Amortization 25,558.93 56,442.14 85,487.39 105,506.68  
  (6) Impairment Losses 113.48 340.17 166.54 1,769.16  
  (7) Provisions 32,776.52 63,127.96 113,649.93 129,563.27  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS -2,532.57 -14,737.88 -29,687.97 -30,551.09  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets -7,053.83 -23,925.83 -45,030.24 -53,354.66  
  (2) Bad Debts Written Off 0.00 0.00 0.00 0.00  
  (3) Recovery on Charged-Off Assets 4,521.26 9,187.96 15,342.27 22,803.57  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 126,268.39 242,784.88 337,483.35 459,299.28  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 0.00 0.00 0.00 0.00  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 126,268.39 242,784.88 337,483.35 459,299.28  
  Income Tax Expense 2,669.10 6,801.06 11,016.36 14,178.22  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 123,599.28 235,983.82 326,466.99 445,121.06  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00 0.00 0.00  
  NET PROFIT OR LOSS 123,599.28 235,983.82 326,466.99 445,121.06  
             
Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 31 March 2020