UNIVERSAL AND COMMERCIAL BANKS
NPL INDICATORS
As of Periods Indicated
Levels (in million pesos) February
2003
January
2004
February
2004
 Total Loan Portfolio (TLP) 1/                       1,663,238                       1,700,781                       1,758,563
                        1,680,169                       1,719,619                       1,778,009
 Loan Loss Reserves (LLR)                          125,821                          130,826                          130,137
 TLP, net of LLR                       1,537,417                       1,569,955                       1,628,426
 TLP 1/, net of Interbank Loan (IBL)                       1,459,083                       1,439,288                       1,426,961
 Non-Performing Loans (NPL)                          250,833                          246,172                          250,395
 Restructured Loans (RL) 1/                          129,509                          133,769                          134,728
 ROPOA 1/ 2/                          184,350                          203,046                          204,318
 Provisions for ROPOA                            10,193                            14,338                            14,246
 ROPOA, net of provisions                          174,157                          188,708                          190,072
 Non-Performing Assets (NPA) 3/                          435,183                          443,640                          448,886
 Total Assets (TA) 4/                       3,253,771                       3,389,239                       3,495,589
                        3,270,703                       3,408,078                       3,515,034
 TLP 1/ + ROPOA 1/                       1,847,588                       1,903,827                       1,962,881
 NPA Reserves 5/                          136,014                          145,164                          144,384
 Total Past Due Loans & Items in Litigation                          270,200                          263,899                          268,905
Ratios (in percent)      
 NPL Ratio (NPL to TLP ) 15.08 14.47 14.24
 Net NPL Ratio (NPL to TLP, net of IBL) 17.19 17.10 17.55
 NPL Coverage Ratio (LLR to NPL) 50.16 53.14 51.97
 LLR to TLP 7.56 7.69 7.40
 RL to TLP 7.71* 7.78* 7.58*
 ROPOA to TLP + ROPOA 9.89* 10.56* 10.31*
 ROPOA to TA 5.64* 5.96* 5.81*
 NPA Ratio (NPA to TA) 13.37 13.09 12.84
 NPA Coverage Ratio (NPA reserves to NPA) 31.25 32.72 32.16
 Past Due Ratio 6/ 16.08* 15.35* 15.12*
1/ NPL Definition under BSP Circular No. 202 dated 27 May 1999
2/ NPL Definition under BSP Circular No. 351 dated 19 September 2002
1/Gross of provisions      
2/ Real and Other Properties Owned and Acquired  
3/ NPL plus ROPOA; since July 2003 ROPOA excluded performing Sales Contract Receivables per BSP Circular No. 380 dated 28 March 2003
4/ Inclusive of loan loss reserves and provisions for ROPOA; and net of Due From/ To Head Office/ Other Agencies/ Branches of
foreign bank branches  
5/ LLR plus provisions for ROPOA  
6/ Total Past Due Loans and Items in Litigation over TLP  
* Computation is based on TLP and TA  figures under BSP Circular No. 202