THRIFT BANKS
NPL Indicators
As of End of Periods Indicated
   
Levels (in million pesos) Mar 2003   Feb 2004   Mar 2004
           
Total Loan Portfolio (TLP)  1/                 146,541                     155,349                         155,639
Loan Loss Reserves (LLR)                     7,392                       7,453                           7,509
TLP, net of LLR                 139,149                   147,896                       148,130
TLP 1/, net of Interbank Loan (IBL)                 142,449                   150,080                       151,265
Non-Performing Loans (NPL)                   18,635                     19,179                         19,118
Restructured Loans (RL)  1/                     3,506                       3,966                           3,912
ROPOA  1/ 2/                   26,866                     31,216                         31,306
Provisions for ROPOA                     1,033                       1,099                           1,105
ROPOA, net of provisions                   25,833                     30,117                         30,201
Non-Performing Assets (NPA)  3/                   45,501                     47,770                         47,757
Total Assets (TA)  4/                 259,243                   285,174                       286,432
TLP 1/ + ROPOA 1/                 173,407                   186,565                       186,945
NPA Reserves  5/                     8,425                       8,556                           8,614
Total Past Due and Items in Litigation                   21,264                     20,848                         20,853
Ratios (in percent)          
           
NPL ratio (NPL to TLP)                     12.72                         12.35                             12.28
Net NPL ratio (NPL to TLP, net of IBL)                     13.08                         12.78                             12.64
NPL Coverage Ratio (LLR to NPL)                     39.67                       38.86                           39.28
LLR to TLP 5.02  * 4.77 * 4.79
RL to TLP 2.38  * 2.54 * 2.50
ROPOA  to TLP + ROPOA 15.42  * 16.64 * 16.66
ROPOA  to TA                     10.36  *                       10.95 *                           10.93
NPA Ratio (NPA to TA)                     17.55                       16.75                           16.67
NPA Coverage Ratio (NPA reserves to NPA)                     18.52                       17.91                           18.04
Past Due Ratio                     14.42  *                       13.60 *                           13.32
1/ Gross of provisions
2/ Real and Other Properties Owned and Acquired
3/ NPL plus ROPOA
4/ Inclusive of loan loss reserves and provisions for ROPOA
5/ LLR plus provisions for ROPOA