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  SECURITY BANK CORP      
  Published Balance Sheet      
  Amounts in Philippine Pesos      
  As of 31 December 2023      
         
ASSETS  
  Current Quarter Previous Quarter  
  Cash and Cash Items 13,943,687,231.84 9,948,369,841.96  
  Due from Bangko Sentral ng Pilipinas 45,821,154,730.46 41,297,603,538.14  
  Due from Other Central Banks and Banks - Net 13,429,272,012.15 11,520,821,716.89  
  Financial Assets at Fair Value through Profit or Loss (FVPL) 1/ 10,886,325,654.51 11,548,153,648.42  
  Financial Assets at Fair Value Through Other Comprehensive Income (FVOCI) - Net 139,355,227,461.49 133,617,567,382.16  
  Debt Securities at Amortized Cost - Net 76,156,083,900.00 70,474,388,313.66  
  Loans to Bangko Sentral ng Pilipinas 0.00 0.00  
  Interbank Loans Receivable 4,081,000,000.00 5,567,525,000.00  
  Loans and Receivables - Others 547,579,302,850.05 509,493,313,409.65  
  Loans and Receivables Arising from RA/CA/PR/SLB 0.00 0.00  
  Total Loan Portfolio (TLP) - Gross 551,660,302,850.05 515,060,838,409.65  
  Allowance for Credit Losses 2/ 15,201,985,057.13 14,878,292,858.29  
  Total Loan Portfolio - Net 536,458,317,792.92 500,182,545,551.36  
  Equity Investment in Subsidiaries, Associates and Joint Ventures - Net 5,013,781,769.99 4,855,378,539.81  
  Bank Premises, Furniture, Fixture and Equipment - Net 4,331,906,499.07 4,075,380,467.21  
  Real and Other Properties Acquired - Net 4,039,247,514.81 4,033,629,925.56  
  Sales Contract Receivables - Net 127,960,489.25 114,505,561.07  
  Non-Current Assets Held for Sale 0.00 0.00  
  Other Assets - Net 150,691,049,948.14 133,971,473,952.65  
  Net Due from Head Office/Branches/Agencies (Philippine branch of a
 foreign bank)
0.00 0.00  
  TOTAL ASSETS 1,000,254,015,004.63 925,639,818,438.89  
         
LIABILITIES  
  Financial Liabilities at Fair Value through Profit or Loss (FVPL) 3/ 2,968,706,030.98 1,958,839,464.76  
  Deposit Liabilities 608,806,398,094.65 563,762,888,460.00  
  Due to Other Banks 615,576,402.23 868,115,324.66  
  Bills Payable 51,073,373,759.16 42,676,903,316.87  
  BSP (Rediscounting and Other Advances) 0.00 0.00  
  Interbank Loans Payable 4,547,564,647.04 121,769,958.22  
  Other Borrowings, including Deposit Substitutes 46,525,809,112.12 42,555,133,358.65  
  Bonds Payable-Net 48,963,520,667.18 48,898,804,714.51  
  Unsecured Subordinated Debt - Net 0.00 0.00  
  Redeemable Preferred Shares 0.00 0.00  
  Other Liabilities 153,690,783,063.13 136,899,494,754.27  
  Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00 0.00  
  TOTAL LIABILITIES 866,118,358,017.33 795,065,046,035.07  
         
STOCKHOLDERS' EQUITY  
  Capital Stock 7,635,388,870.00 7,635,388,870.00  
  Additional Paid-In Capital 38,551,027,929.90 38,551,027,929.90  
  Undivided Profits 8,583,760,577.76 7,040,163,204.90  
  Retained Earnings 85,306,565,873.17 86,726,952,957.99  
  Other Capital Accounts -5,941,086,263.53 -9,378,760,558.97  
  Assigned Capital 0.00 0.00  
  TOTAL STOCKHOLDERS' EQUITY 134,135,656,987.30 130,574,772,403.82  
  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1,000,254,015,004.63 925,639,818,438.89  
         
CONTINGENT ACCOUNTS  
  Guarantees Issued 0.00 0.00  
  Financial Standby Letters of Credit 0.00 0.00  
  Performance Standby Letters of Credit 39,148,943,432.78 42,212,807,093.14  
  Commercial Letters of Credit 7,356,698,359.30 8,332,147,698.35  
  Trade Related Guarantees 833,749,463.53 524,326,163.49  
  Commitments 108,954,821,467.35 93,649,447,936.30  
  Spot Foreign Exchange Contracts 18,857,987,036.54 71,764,681,095.91  
  Securities Held Under Custodianship by Bank Proper 0.00 0.00  
  Trust Department Accounts 108,624,757,041.72 106,913,006,084.68  
  Derivatives 370,310,049,602.82 380,991,700,009.65  
  Others 2,406,397,054.47 3,640,686,787.50  
  TOTAL CONTINGENT ACCOUNTS 656,493,403,458.51 708,028,802,869.02  
         
FINANCIAL INDICATORS (%)  
  ASSET QUALITY      
  Gross Non-Performing Loans (NPL) Ratio 3.36 3.15  
  Net NPL Ratio 1.37 1.04  
  Gross NPL Coverage Ratio 82.13 91.76  
  Net NPL Coverage Ratio 201.53 279.01  
  RELATED PARTY TRANSACTIONS      
  Ratio of Loans to Related Parties to gross TLP 3.05 3.37  
  Ratio of Non-Performing Loans to Related Parties to Total Loans to Related Parties 0.00 0.00  
  Ratio of DOSRI Loans to gross TLP 1.65 2.04  
  Ratio of Non-Performing DOSRI Loans to Total Loans to DOSRI 0.00 0.00  
  LIQUIDITY      
  Liquidity Coverage Ratio 4/ 157.22 173.20  
  Net Stable Funding Ratio 4/ 130.94 131.87  
  Minimum Liquidity Ratio 5/ 0.00 0.00  
  PROFITABILITY      
  Return on Equity (ROE) 6.65 7.32  
  Return on Assets 1.11 1.23  
  Net Interest Margin 4.52 4.34  
  CAPITAL ADEQUACY      
  Common Equity Tier 1 Ratio 14.81 15.04  
  Tier 1 Capital Ratio 14.81 15.04  
  CAR 15.69 15.91  
  LEVERAGE      
  Basel III Leverage Ratio 4/ 10.19 10.43  
  Deferred Charges not yet Written Down 0.00 0.00  
         
  Newspaper Published in: https://www.securitybank.com/about-us/investor-relations/sec-filings/      
  Newspaper Published on: 20-Feb-2024