RURAL & COOPERATIVE BANKS
NPL Indicators   1/
As of Periods Indicated
Levels (in million pesos) June 2001  March 2002  June 2002 
Total Loan Portfolio (TLP)  2/                        40,749                        45,479                        46,740
Loan Loss Reserves (LLR)                          2,169                          2,435                          2,479
TLP, net of LLR                        38,580                        43,044                        44,261
TLP 2/, net of Interbank Loan (IBL)      
Non-Performing Loans (NPL)                          6,596                          6,833                          6,927
Restructured Loans (RL)  2/                          1,245                          1,305                          1,357
ROPOA  2/ 3/                          5,749                          7,027                          7,010
Provisions for ROPOA                             142                             152                             165
ROPOA, net of provisions                          5,607                          6,875                          6,845
Non-Performing Assets (NPA)  4/                        12,344                        13,857                        13,937
Total Assets (TA)  5/                        67,549                        74,858                        77,900
TLP 2/ + ROPOA 2/                        46,497                        52,506                        53,750
NPA Reserves  6/                          2,311                          2,587                          2,644
Ratios (in percent)      
NPL ratio (NPL to TLP 2/ )                          16.19 15.03                          14.82
Net NPL ratio (NPL to TLP, net)                          17.10 15.88                          15.65
NPL Coverage Ratio (LLR to NPL)                          32.88                          35.63                          35.78
LLR to TLP 2/                            5.32 5.35                            5.30
RL 2/ to TLP 2/                            3.05                            2.87                            2.90
ROPOA 2/ to TLP 2/ + ROPOA 2/                          12.36                          13.38                          13.04
ROPOA 2/  to TA                            8.51                            9.39                            9.00
NPA Ratio (NPA to TA)                          18.27                          18.51                          17.89
NPA Coverage Ratio (NPA reserves to NPA)                          18.72                          18.67                          18.97
1/ Includes banks with reported NPL under Cir. 202, otherwise NPLs were defined as total of past due & items in litigation
2/ Gross of provisions
3/ Real and Other Properties Owned and Acquired
4/ NPL plus ROPOA
5/ Inclusive of loan loss reserves and provisions for ROPOA
6/ LLR plus provisions for ROPOA