59 Income Statement          
             
             
  Cooperative Bank Group          
  as of end of periods indicated          
  amounts in thousand Pesos          
             
   
  Selected Accounts Mar-18 Jun-18 Sep-18 Dec-18  
   
  TOTAL OPERATING INCOME   476,434.57 1,010,052.69 1,550,496.98 2,074,556.93  
  Interest Income 450,492.34 924,851.07 1,394,768.79 1,838,610.43  
  Interest Expense 114,144.15 224,536.08 336,873.34 436,513.11  
  Provision for Losses on Accrued Interest Income from Financial Assets 0.00 0.00 0.00 0.00  
  Net Interest Income 336,348.19 700,315.00 1,057,895.46 1,402,097.32  
  Non-Interest income 140,086.38 309,737.69 492,601.53 672,459.61  
  (1) Dividend Income 66.42 180.95 256.06 1,549.73  
  (2) Fees and Commissions Income 78,854.07 185,561.44 271,862.86 359,699.57  
  (3) Trading Income 14,421.33 24,199.08 40,428.75 60,605.38  
  (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 0.00 0.00 0.00 0.00  
  (d) Foreign Exchange Profit/(Loss) 17.43 59.89 67.19 51.89  
  (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 14,403.89 24,139.20 40,361.56 60,553.50  
  (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 46,744.57 99,796.22 180,053.85 250,604.92  
  NON-INTEREST EXPENSES 349,540.19 733,921.12 1,133,148.11 1,591,454.26  
  (1) Compensation/Fringe Benefits 176,210.03 374,514.06 567,115.05 802,147.77  
  (2) Taxes and Licenses 8,654.73 19,426.02 32,783.04 55,041.65  
  (3) Fees and Commissions 387.67 903.15 1,366.73 2,277.43  
  (4) Other Administrative Expenses 107,521.79 226,322.73 351,405.12 478,380.96  
  (5) Depreciation/Amortization 24,585.68 49,806.94 76,542.53 101,451.14  
  (6) Impairment Losses 96.45 303.33 484.23 6,179.39  
  (7) Provisions 32,083.84 62,644.90 103,451.41 145,975.92  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (4,507.69) (7,909.13) (30,544.33) (27,545.82)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (6,816.57) (12,749.63) (39,652.43) (43,317.75)  
  (2) Bad Debts Written Off 0.00 0.00 0.00 0.00  
  (3) Recovery on Charged-Off Assets 2,308.88 4,840.50 9,108.10 15,771.93  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 122,386.68 268,222.44 386,804.54 455,556.84  
  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 122,386.68 268,222.44 386,804.54 455,556.84  
  Income Tax Expense 3,540.80 6,521.97 10,182.23 14,599.85  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 118,845.88 261,700.47 376,622.31 440,956.99  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00 0.00 0.00 0.00  
  NET PROFIT OR LOSS 118,845.88 261,700.47 376,622.31 440,956.99  
             
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 29 March 2019