40 Income Statement
###	Thrift Bank Group
	as of end of periods indicated
	amounts in thousand Pesos
	Selected Accounts	Mar-23	Jun-23	Sep-23	Dec-23
operating_income	TOTAL OPERATING INCOME	18,683,405.55	37,597,078.11	56,659,309.48	76,164,057.20
interest_income	Interest Income	22,153,950.18	44,929,015.52	68,579,587.58	92,559,891.23
interest_expense	Interest Expense	6,050,923.29	12,655,421.76	19,872,636.97	27,719,899.84
prov_loss_acc_int_inc_fin_asst	Provision for Losses on Accrued Interest Income from Financial Assets	79,882.19	106,160.81	127,440.22	172,307.78
net_interest_income	Net Interest Income	16,023,144.70	32,167,432.95	48,579,510.39	64,667,683.62
non_interest_income	Non-Interest income	2,660,260.85	5,429,645.16	8,079,799.09	11,496,373.59
fees_comm_income	(1) Fees and Commissions Income	1,503,188.83	2,967,980.08	4,566,457.64	6,228,730.61
trading_income	(2) Trading Income	160,128.84	189,307.24	17,361.75	453,650.92
realized_gains_loss_sale	(a) Realized Gains/(Losses) from Sale/Redemption	70,532.89	115,651.71	97,735.96	147,092.90
unrealized_gains_loss_mtm	(b) Unrealized Gains/(Losses) from Marking-to-Market	44,121.54	(6,635.14)	(180,383.60)	178,219.93
realized_gains_loss_forex	(c) Realized Gains/(Losses) from FX Transactions	45,474.40	80,290.67	100,009.40	128,338.09
profit_loss_sale_other_asset	(3) Profits/Losses on Sale of Other Assets	454,967.61	1,082,021.60	1,632,349.13	2,213,149.60
prof_loss_sale_ntrad_fin_astlib	(a) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities	(4,372.65)	(2,573.21)	(2,535.78)	726.45
gain_loss_sale_nonfin_asset	(b) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets	459,340.26	1,084,594.81	1,634,884.91	2,212,423.16
other_income_web	(4) Other Income	541,975.58	1,190,336.24	1,863,630.57	2,600,842.45
dividend_income	(a) Dividend Income	3,025.50	5,585.97	7,780.04	9,775.34
forex_profit_loss	(b) Foreign Exchange Profit/(Loss)	1,584.97	4,198.24	51,241.34	59,699.56
gain_loss_fin_asst_liab_dfvpl	(c) Profit/(Loss) on Financial Assets and Liabilities DFVPL	(3,225.33)	(2,613.60)	(2,838.10)	(1,660.34)
gain_loss_fair_value_hedge	(d) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting	0.00	0.00	0.00	0.00
other_income	(e) Other income	540,590.44	1,183,165.63	1,807,447.29	2,533,027.89
non_interest_expense	NON-INTEREST EXPENSES	11,408,357.43	23,012,749.31	34,900,353.16	46,963,712.52
compens_fringe_benefits	(1) Compensation/Fringe Benefits	3,891,259.66	7,818,424.66	11,846,402.01	16,025,104.18
taxes_license	(2) Taxes and Licenses	1,293,039.46	2,662,933.29	4,088,731.09	5,623,570.93
fees_comm_expenses	(3) Fees and Commissions	726,508.61	1,387,138.35	2,101,556.65	2,035,293.93
other_admin_expenses	(4) Other Administrative Expenses	4,068,422.24	8,233,248.45	12,471,971.53	17,219,664.29
deprec_amort	(5) Depreciation/Amortization	1,038,511.17	2,107,306.43	3,214,464.11	4,429,516.28
impairment_loss	(6) Impairment Losses	187,044.25	396,724.75	588,308.96	861,085.83
provisions	(7) Provisions	203,572.05	406,973.38	588,918.83	769,477.08
loss_recoveries_fin_asset	LOSSES/RECOVERIES ON FINANCIAL ASSETS	(1,600,861.09)	(2,823,083.15)	(4,205,701.22)	(6,545,572.18)
prov_cred_loss_fasst_offbs_expo	(1) Provision for Credit Losses on Loans & Other Fin'l Assets	(1,771,767.63)	(3,254,103.19)	(4,940,803.78)	(7,423,780.95)
bad_debts_written_off	(2) Bad Debts Written Off	(370.57)	(550.80)	(984.32)	(31,109.03)
recovery_impaired_off_asset	(3) Recovery on Charged-Off Assets	171,277.11	431,570.84	736,086.87	909,317.80
net_profit_bef_share_prof	NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD	5,674,187.03	11,761,245.65	17,553,255.10	22,654,772.50
share_prof_loss_uncons_subs	Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method	94,228.50	155,597.27	197,069.59	228,358.83
total_prof_loss_bef_tax	TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST	5,768,415.52	11,916,842.92	17,750,324.69	22,883,131.33
income_tax_expense	Income Tax Expense	1,117,904.02	2,086,173.41	3,370,386.95	4,405,285.69
total_prof_loss_aft_tax	TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST	4,650,511.50	9,830,669.51	14,379,937.74	18,477,845.64
noncontroll_int_prof_loss	Minority Interest in Profit/(Loss) of Subsidiaries	0.00	0.00	0.00	0.00
net_profit_loss	NET PROFIT OR LOSS	4,650,511.50	9,830,669.51	14,379,937.74	18,477,845.64
	Source : Department of Supervisory Analytics, Financial Supervision Sector, Bangko Sentral ng Pilipinas
	Updated as of 7 February 2024