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| OVERSEAS FILIPINO BANK INC A DIGITAL BANK OF LANDBANK | ||||
| Published Balance Sheet | ||||
| Amounts in Philippine Pesos | ||||
| As of 31 December 2024 | ||||
| ASSETS | ||||
| Current Quarter | Previous Quarter | |||
| Cash and Cash Items | 0.00 | 0.00 | ||
| Due from Bangko Sentral ng Pilipinas | 1,130,768,436.71 | 1,016,965,292.68 | ||
| Due from Other Central Banks and Banks - Net | 63,707,036.48 | 86,601,911.20 | ||
| Financial Assets at Fair Value through Profit or Loss (FVPL) 1/ | 0.00 | 0.00 | ||
| Financial Assets at Fair Value Through Other Comprehensive Income (FVOCI) - Net | 286,373,896.59 | 150,567,401.75 | ||
| Debt Securities at Amortized Cost - Net | 1,515,235,697.47 | 1,514,809,863.85 | ||
| Loans to Bangko Sentral ng Pilipinas | 0.00 | 0.00 | ||
| Interbank Loans Receivable | 0.00 | 0.00 | ||
| Loans and Receivables - Others | 1,741,362,255.34 | 1,745,705,934.02 | ||
| Loans and Receivables Arising from RA/CA/PR/SLB | 0.00 | 53,000,000.00 | ||
| Total Loan Portfolio (TLP) - Gross | 1,741,362,255.34 | 1,798,705,934.02 | ||
| Allowance for Credit Losses 2/ | 45,942,176.01 | 42,942,176.01 | ||
| Total Loan Portfolio - Net | 1,695,420,079.33 | 1,755,763,758.01 | ||
| Equity Investment in Subsidiaries, Associates and Joint Ventures - Net | 0.00 | 0.00 | ||
| Bank Premises, Furniture, Fixture and Equipment - Net | 146,387,541.08 | 146,933,285.56 | ||
| Real and Other Properties Acquired - Net | 0.00 | 0.00 | ||
| Sales Contract Receivables - Net | 0.00 | 0.00 | ||
| Non-Current Assets Held for Sale | 0.00 | 0.00 | ||
| Other Assets - Net | 145,684,461.59 | 240,573,848.81 | ||
| Net Due from Head Office/Branches/Agencies (Philippine
branch of a foreign bank) |
0.00 | 0.00 | ||
| TOTAL ASSETS | 4,983,577,149.25 | 4,912,215,361.86 | ||
| LIABILITIES | ||||
| Financial Liabilities at Fair Value through Profit or Loss (FVPL) 3/ | 0.00 | 0.00 | ||
| Deposit Liabilities | 3,423,934,428.64 | 3,322,559,929.78 | ||
| Due to Other Banks | 0.00 | 0.00 | ||
| Bills Payable | 0.00 | 0.00 | ||
| BSP (Rediscounting and Other Advances) | 0.00 | 0.00 | ||
| Interbank Loans Payable | 0.00 | 0.00 | ||
| Other Borrowings, including Deposit Substitutes | 0.00 | 0.00 | ||
| Bonds Payable-Net | 0.00 | 0.00 | ||
| Unsecured Subordinated Debt - Net | 0.00 | 0.00 | ||
| Redeemable Preferred Shares | 0.00 | 0.00 | ||
| Other Liabilities | 194,231,353.84 | 252,673,853.09 | ||
| Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) | 0.00 | 0.00 | ||
| TOTAL LIABILITIES | 3,618,165,782.48 | 3,575,233,782.87 | ||
| STOCKHOLDERS' EQUITY | ||||
| Capital Stock | 2,680,000,000.00 | 2,680,000,000.00 | ||
| Additional Paid-In Capital | 0.00 | 0.00 | ||
| Undivided Profits | 84,941,579.58 | 61,193,869.33 | ||
| Retained Earnings | (1,400,670,077.03) | (1,400,670,077.03) | ||
| Other Capital Accounts | 1,139,864.22 | (3,542,213.31) | ||
| Assigned Capital | 0.00 | 0.00 | ||
| TOTAL STOCKHOLDERS' EQUITY | 1,365,411,366.77 | 1,336,981,578.99 | ||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 4,983,577,149.25 | 4,912,215,361.86 | ||
| CONTINGENT ACCOUNTS | ||||
| Guarantees Issued | 0.00 | 0.00 | ||
| Financial Standby Letters of Credit | 0.00 | 0.00 | ||
| Performance Standby Letters of Credit | 0.00 | 0.00 | ||
| Commercial Letters of Credit | 0.00 | 0.00 | ||
| Trade Related Guarantees | 0.00 | 0.00 | ||
| Commitments | 0.00 | 0.00 | ||
| Spot Foreign Exchange Contracts | 0.00 | 0.00 | ||
| Securities Held Under Custodianship by Bank Proper | 0.00 | 0.00 | ||
| Trust Department Accounts | 0.00 | 0.00 | ||
| Derivatives | 0.00 | 0.00 | ||
| Others | 7.00 | 7.00 | ||
| TOTAL CONTINGENT ACCOUNTS | 7.00 | 7.00 | ||
| FINANCIAL INDICATORS (%) | ||||
| ASSET QUALITY | ||||
| Gross Non-Performing Loans (NPL) Ratio | 1.57 | 1.59 | ||
| Net NPL Ratio | 0.05 | 0.24 | ||
| Gross NPL Coverage Ratio | 168.25 | 155.14 | ||
| Net NPL Coverage Ratio | 96.76 | 84.62 | ||
| RELATED PARTY TRANSACTIONS | ||||
| Ratio of Loans to Related Parties to gross TLP | 0.00 | 0.00 | ||
| 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 | 0.00 | 0.00 | ||
| Ratio of Non-Performing DOSRI Loans to Total Loans to DOSRI | 0.00 | 0.00 | ||
| LIQUIDITY | ||||
| Liquidity Coverage Ratio 4/ | 401.27 | 383.17 | ||
| Net Stable Funding Ratio 4/ | 173.86 | 167.46 | ||
| Minimum Liquidity Ratio 5/ | 0.00 | 0.00 | ||
| PROFITABILITY | ||||
| Return on Equity (ROE) | 6.42 | 6.22 | ||
| Return on Assets | 1.70 | 1.66 | ||
| Net Interest Margin | 3.37 | 3.64 | ||
| CAPITAL ADEQUACY | ||||
| Common Equity Tier 1 Ratio | 52.61 | 51.65 | ||
| Tier 1 Capital Ratio | 52.61 | 51.65 | ||
| CAR | 53.37 | 52.41 | ||
| LEVERAGE | ||||
| Basel III Leverage Ratio 4/ | 27.03 | 26.82 | ||
| Deferred Charges not yet Written Down | 0.00 | 0.00 | ||
| 1/ This account is comprised of Financial Assets Held for Trading (HFT), Debt Securities Designated at FVPL, and Other Financial Assets Mandatorily Measured at FVPL. | ||||
| 2/ This acccount is comprised of Specific Allowance for Credit Losses and General Loan Loss Provision. | ||||
| 3/ This account is comprised of Financial Liabilities Held for Trading, and Financial Liabilities Designated at FVPL. | ||||
| 4/ Only applicable to All Universal and Commercial Banks and their subsidiary banks. | ||||
| 5/ Only applicable to All Stand-alone TBs, RBs, and CoopBanks | ||||
| Newspaper Published in: The Manila Times | ||||
| Newspaper Published on: 05-Feb-2025 | ||||