RURAL BANKS
Asset Quality Indicators
As of End of Periods Indicated
                 
  Levels (In Billion Pesos)   DECEMBER 2013   SEPTEMBER 2013   DECEMBER 2012 1/
a Total Loan Portfolio (TLP) 2/ *                     121.92                        117.24                        115.71  
b Loan Loss Reserves (LLR) * (c + d)                         9.29                            8.77                            8.24  
c  Specific Allowance for Credit Losses                           8.11                            7.65                            7.10  
d General Loan Loss Provision                           1.18                            1.12                            1.13  
e TLP, net of LLR (a - b)                     112.63                        108.47                        107.48  
f TLP 2/, net of Interbank Loans (IBL) *                       121.92                        117.24                        115.71  
g Gross Non-Performing Loans (NPL) *                         16.00                          15.18                          13.19  
h Net NPL * (g - c)                         7.89                            7.53                            6.09  
i Restructured Loans (RL) 2/                           2.00                            1.92                            1.34  
j ROPA 2/ 3/                           9.78                            9.27                            8.29  
k Provisions for ROPA 4/                           0.73                            0.72                            0.56  
l ROPA, net of provisions (j - k)                         9.05                            8.55                            7.72  
m Non-Performing Assets (NPA) * (g + j)                       25.78                          24.45                          21.47  
n Gross Assets (GA) 5/ *                       198.43                        189.42                        183.01  
o TLP 2/  + ROPA  2/ 3/  + Performing SCR *                       133.23                        127.84                        125.29  
p NPA Reserves * (b + k)                       10.02                            9.49                            8.80  
q Total Past Due Loans and Items in Litigation                         18.82                          18.39                          16.60  
NPL IBL                              -                                 -                                 -  
  Ratios (In Percent)             1/
  Gross NPL Ratio (Gross NPL to Gross TLP) * (g / a)                       13.13                          12.95                        11.40  
  Net NPL Ratio (Net NPL to Gross TLP) * (h / a)                         6.47                            6.42                            5.26  
  NPL Ratio net of IBL *                         13.13                          12.95                          11.40  
  NPL Coverage Ratio (LLR to Gross NPL) * (b / g)                       58.07                          57.78                          62.45  
  LLR to TLP * (b / a)                         7.62                            7.48                            7.12  
  RL to TLP (i / a)                         1.64                            1.64                            1.16  
  ROPA to TLP + ROPA + Performing SCR (j / o)                         7.34                            7.25                            6.61  
  ROPA to GA (j/ n)                         4.93                            4.90                            4.53  
  NPA Ratio (NPA to GA) * (m / n)                       12.99                          12.91                          11.73  
  NPA Coverage Ratio (NPA Reserves to NPA) * (p / m)                       38.88                          38.81                          40.98  
  Past Due Ratio (q / a)                       15.43                          15.68                          14.35  
* Figures are computed in accordance with the NPL definition as prescribed under BSP Circular No. 772 dated 16 October 2012 effective 01 January 2013
1/ For comparative purposes, computations for periods prior to January 2013 are aligned with Circular No. 772
2/ Gross of Provisions
3/ Real and Other Properties Acquired;  ROPA includes Non-Current Assets Held for Sale and Non-Performing Sales Contract Receivables (SCR)
4/ Provisions for ROPA are inclusive of Accumulated Depreciation
5/ Total Assets inclusive of Loan Loss Reserves and Provisions for ROPA; and net of Due from Head Office/Branches/Agencies of Foreign Banks
r/ Revised due to banks' amended reports