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UNION DIGITAL BANK | ||||
Published Balance Sheet | ||||
Amounts in Philippine Pesos | ||||
As of 31 December 2023 | ||||
ASSETS | ||||
Current Quarter | Previous Quarter | |||
Cash and Cash Items | 0.00 | 0.00 | ||
Due from Bangko Sentral ng Pilipinas | 6,306,404,075.13 | 5,845,823,349.85 | ||
Due from Other Central Banks and Banks - Net | 121,105,759.55 | 85,374,365.89 | ||
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 | 0.00 | 0.00 | ||
Debt Securities at Amortized Cost - Net | 0.00 | 0.00 | ||
Loans to Bangko Sentral ng Pilipinas | 0.00 | 0.00 | ||
Interbank Loans Receivable | 0.00 | 0.00 | ||
Loans and Receivables - Others | 11,705,964,861.28 | 13,900,136,232.70 | ||
Loans and Receivables Arising from RA/CA/PR/SLB | 2,196,742,642.00 | 3,142,999,999.00 | ||
Total Loan Portfolio (TLP) - Gross | 13,902,707,503.28 | 17,043,136,231.70 | ||
Allowance for Credit Losses 2/ | 959,847,550.56 | 584,766,062.25 | ||
Total Loan Portfolio - Net | 12,942,859,952.72 | 16,458,370,169.45 | ||
Equity Investment in Subsidiaries, Associates and Joint Ventures - Net | 0.00 | 0.00 | ||
Bank Premises, Furniture, Fixture and Equipment - Net | 30,643,645.36 | 35,548,494.47 | ||
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 | 3,071,861,350.70 | 2,906,903,148.52 | ||
Net Due from Head Office/Branches/Agencies (Philippine
branch of a foreign bank) |
0.00 | 0.00 | ||
TOTAL ASSETS | 22,472,874,783.46 | 25,332,019,528.18 | ||
LIABILITIES | ||||
Financial Liabilities at Fair Value through Profit or Loss (FVPL) 3/ | 0.00 | 0.00 | ||
Deposit Liabilities | 17,518,140,484.29 | 20,001,906,368.24 | ||
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 | 1,292,922,642.90 | 1,615,342,715.53 | ||
Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) | 0.00 | 0.00 | ||
TOTAL LIABILITIES | 18,811,063,127.19 | 21,617,249,083.77 | ||
STOCKHOLDERS' EQUITY | ||||
Capital Stock | 3,900,000,000.00 | 3,300,000,000.00 | ||
Additional Paid-In Capital | 0.00 | 0.00 | ||
Undivided Profits | 231,583,382.60 | 884,542,170.74 | ||
Retained Earnings | -469,771,726.33 | -469,771,726.33 | ||
Other Capital Accounts | 0.00 | 0.00 | ||
Assigned Capital | 0.00 | 0.00 | ||
TOTAL STOCKHOLDERS' EQUITY | 3,661,811,656.27 | 3,714,770,444.41 | ||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 22,472,874,783.46 | 25,332,019,528.18 | ||
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 | 1.00 | 1.00 | ||
TOTAL CONTINGENT ACCOUNTS | 1.00 | 1.00 | ||
FINANCIAL INDICATORS (%) | ||||
ASSET QUALITY | ||||
Gross Non-Performing Loans (NPL) Ratio | 23.69 | 11.70 | ||
Net NPL Ratio | 17.85 | 9.39 | ||
Gross NPL Coverage Ratio | 29.14 | 29.32 | ||
Net NPL Coverage Ratio | 38.68 | 36.53 | ||
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/ | 270.92 | 223.39 | ||
Net Stable Funding Ratio 4/ | 183.31 | 196.00 | ||
Minimum Liquidity Ratio 5/ | 0.00 | 0.00 | ||
PROFITABILITY | ||||
Return on Equity (ROE) | 7.30 | 39.63 | ||
Return on Assets | 1.13 | 5.99 | ||
Net Interest Margin | 19.69 | 13.51 | ||
CAPITAL ADEQUACY | ||||
Common Equity Tier 1 Ratio | 14.74 | 13.27 | ||
Tier 1 Capital Ratio | 14.74 | 13.27 | ||
CAR | 15.03 | 13.94 | ||
LEVERAGE | ||||
Basel III Leverage Ratio 4/ | 9.62 | 8.79 | ||
Deferred Charges not yet Written Down | 0.00 | 0.00 | ||
Newspaper Published in: BusinessWorld | ||||
Newspaper Published on: 13-Feb-2024 | ||||