RURAL BANKS
NPL Indicators
As of Periods Indicated
In Billion Pesos
       
       
  September                2007 June            2008 September 2008
Total Loan Portfolio (TLP) 1/                        86.592                      100.210                        97.819
Loan Loss Reserves (LLR)                          2.938                          3.668                          3.727
TLP, net of LLR                        83.653                        96.542                        94.091
Non-Performing Loans (NPL)                          8.537                          9.960                          9.910
Restructured Loans (RL)1/                          0.954                          0.795                          0.578
ROPA1/ 2/                        11.103                        13.352                        15.656
Provisions for ROPA                          0.330                          0.363                          0.375
ROPA, net of provisions                        10.773                        12.988                        15.281
Non-Performing Assets (NPA)3/                        16.245                        19.561                        21.831
Gross Assets (GA)4/                      143.513                      162.235                      161.034
TLP1/ + ROPA1/                        97.695                      113.562                      113.475
NPA Reserves 5/                          3.268                          4.031                          4.102
Total Past Due Loans and Items in Litigation                        10.553                        11.878                        11.953
Ratios (in percent)      
NPL Ratio (NPL to TLP )                            9.86                            9.94                          10.13
Net NPL Ratio (NPL to TLP, net of LLR)                          10.21                          10.32                          10.53
NPL Coverage Ratio (LLR to NPL)                          34.42                          36.83                          37.61
LLR to TLP                             3.39                            3.66                            3.81
RL to TLP *                            1.09                            0.79                            0.59
ROPA to TLP + ROPA *                          11.36                          11.76                          13.80
ROPA to GA *                            7.70                            8.21                            9.69
NPA Ratio (NPA to GA)                          11.32                          12.06                          13.56
NPA Coverage Ratio (NPA reserves to NPA)                          20.12                          20.61                          18.79
Past Due Ratio *                          12.09                          11.80                          12.15
1/ Gross of provisions
2/ Real and Other Properties Acquired
3/ NPL plus ROPA exclusive of performing Sales Contract Receivables per BSP Circular No. 380 dated 28 March 2003
4/ Inclusive of loan loss reserves and provisions for ROPA
5/ LLR plus provisions for ROPA
6/ Total Past Due Loans and Items in Litigation over TLP
* Computation is based on TLP and GA  figures as prescribed under BSP Circular No. 202