NPLs. Short for Non-Performing Loans. The NPL Ratio, or the ratio of a bank's Non-Performing Loans (NPL) to Total Loan Portfolio (TLP) is a frequently cited figure in the general media to indicate a bank's financial health, or the health of the banking system as a whole. See: http://business.inquirer.net/48943/banks-reduce-exposure-to-bad-debts-have-more-cash-to-loan-out%E2%80%94bsp.
In the Philippine Thrift Banking Industry, Non-Performing Loans stood at Php 23.800 billion as of September 30, 2012 - approximately 6.08% of the Philippine Thrift Banking Industry's Total Loan Portfolio - Net of Php 391.449 billion.
| Philippine Thrift Banking System | |||
| NPL as % of TLP-Net | |||
| September 30, 2012 | |||
| NPL | TLP-Net | NPL/TLP | |
| Bank | (In Php) | (In Php) | (In %) |
| Northpoint Development Bank | 6,891,037.28 | 4,204,248.65 | 163.91% |
| Silangan Savings and Loan Bank, Inc. | 19,784,753.99 | 28,556,635.91 | 69.28% |
| Pacific Ace Savings Bank | 8,901,627.53 | 14,872,436.80 | 59.85% |
| Comsavings Bank | 190,618,087.35 | 321,713,505.73 | 59.25% |
| The Real Bank (A Thrift Bank) Inc. | 3,089,404,132.56 | 5,610,414,862.60 | 55.07% |
| Sampaguita SLA | 15,760,176.09 | 36,780,535.95 | 42.85% |
| Metro Cebu Public Savings Bank | 21,756,082.32 | 51,399,343.24 | 42.33% |
| Citibank Savings Inc. | 2,771,555,428.72 | 7,007,164,743.43 | 39.55% |
| Malasiqui Progressive SLB, Inc. | 17,755,918.15 | 52,490,225.90 | 33.83% |
| Bataan Development Bank | 46,353,003.59 | 158,828,247.08 | 29.18% |
| Progress SLA | 1,329,679.84 | 5,132,571.01 | 25.91% |
| Pampanga Development Bank | 45,168,132.43 | 182,074,286.85 | 24.81% |
| Maritime SLA | 11,152,304.30 | 45,631,175.12 | 24.44% |
| Lemery Savings & Loan Bank, Inc. | 14,996,053.04 | 66,064,419.51 | 22.70% |
| Farmers Savings & Loan Bank | 51,174,135.56 | 227,444,130.46 | 22.50% |
| Quezon Coconut Producers SLB Inc. | 9,563,924.35 | 44,561,043.46 | 21.46% |
| Opportunity Kauswagan Bank, Inc. | 47,684,373.36 | 235,703,200.62 | 20.23% |
| Security Bank Savings Corporation | 571,601,598.82 | 3,071,105,915.55 | 18.61% |
| Pridestar Development Bank | 9,106,451.30 | 52,111,433.21 | 17.47% |
| Hiyas Savings & Loan Bank | 34,167,307.18 | 232,702,916.63 | 14.68% |
| Allied Savings Bank | 339,137,105.98 | 2,365,353,125.99 | 14.34% |
| Cordillera Savings Bank | 21,484,504.10 | 150,712,542.50 | 14.26% |
| Luzon Development Bank | 219,475,516.72 | 1,547,566,865.50 | 14.18% |
| Philippine Postal Savings Bank | 348,931,208.42 | 2,487,811,501.88 | 14.03% |
| University Savings Bank | 52,110,978.33 | 417,415,398.62 | 12.48% |
| Tong Yang Savings Bank Inc. | 108,770,025.35 | 883,699,514.25 | 12.31% |
| Dungganon Bank | 11,530,367.97 | 99,235,251.60 | 11.62% |
| Business & Consumers Bank | 13,211,581.05 | 121,036,527.68 | 10.92% |
| Sun Savings Bank | 5,276,108.19 | 49,984,977.28 | 10.56% |
| Bataan SLA | 2,783,653.43 | 29,360,108.47 | 9.48% |
| Planters Development Bank | 2,711,873,513.54 | 32,573,377,178.14 | 8.33% |
| Legazpi Savings Bank Inc. | 100,954,216.42 | 1,274,231,045.57 | 7.92% |
| Village SLA, Inc. | 27,991,023.47 | 365,431,748.42 | 7.66% |
| Malayan Bank Savings & Mortgage Bank | 289,584,507.49 | 4,032,362,493.27 | 7.18% |
| First Consolidated Bank | 426,729,100.18 | 6,037,343,348.80 | 7.07% |
| Penbank, Inc. | 69,241,199.63 | 989,646,939.72 | 7.00% |
| Microfinance Maximum SB (Maxbank) | 1,193,170.18 | 17,890,253.42 | 6.67% |
| Iloilo City Development Bank | 16,204,747.47 | 250,568,374.21 | 6.47% |
| Philippine Savings Bank | 4,371,709,846.20 | 71,434,102,136.83 | 6.12% |
| Sterling Bank of Asia Inc. | 781,158,008.07 | 15,237,129,727.04 | 5.13% |
| Producers Savings Bank | 166,242,041.59 | 3,428,950,850.67 | 4.85% |
| World Partners Bank (A Thrift Bank) | 35,116,346.27 | 735,191,019.83 | 4.78% |
| Dumaguete City Development Bank | 18,543,550.99 | 441,522,920.93 | 4.20% |
| Philippine Business Bank | 758,484,691.89 | 18,170,349,741.54 | 4.17% |
| RCBC Savings Bank | 1,422,235,155.07 | 35,072,987,823.86 | 4.06% |
| Wealth Bank - A Development Bank | 69,207,906.04 | 1,850,858,885.87 | 3.74% |
| BPI Direct Savings Bank | 186,059,098.41 | 5,400,831,912.12 | 3.45% |
| UCPB Savings Bank | 208,291,943.00 | 6,235,951,100.75 | 3.34% |
| Tower Development Bank | 4,940,073.64 | 148,694,827.11 | 3.32% |
| Equicom SB | 105,817,165.94 | 3,330,228,511.97 | 3.18% |
| Life Savings Bank | 1,737,746.67 | 55,674,808.65 | 3.12% |
| BPI Family Savings Bank | 3,401,887,439.01 | 117,604,418,447.52 | 2.89% |
| Bank One Savings and Trust Corp. | 19,390,888.26 | 719,610,637.81 | 2.69% |
| Card SME Bank Inc. (A Thrift Bank) | 11,415,807.43 | 425,911,461.63 | 2.68% |
| China Bank Savings | 83,429,368.24 | 3,171,651,227.42 | 2.63% |
| BPI Globe Banko Inc. Savings Bank | 54,469,863.14 | 2,102,265,019.27 | 2.59% |
| Optimum Development Bank | 16,269,278.12 | 674,546,429.37 | 2.41% |
| CityState Savings Bank | 30,667,454.51 | 1,571,753,722.86 | 1.95% |
| The Queen City Development Bank | 23,049,328.42 | 1,283,596,767.99 | 1.80% |
| City Savings Bank | 185,387,596.40 | 12,403,144,131.01 | 1.49% |
| Century Savings Bank | 5,570,603.90 | 523,281,328.76 | 1.06% |
| HSBC Savings Bank (Phils) Inc. | 86,920,286.66 | 9,245,813,788.53 | 0.94% |
| Merchants Savings & Loan Association Inc. | 430,478.95 | 172,776,614.81 | 0.25% |
| BDO Elite Savings Bank | 0.00 | 935,000,000.00 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 647,309,518.80 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 6,730,213,136.12 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 553,293,330.92 | 0.00% |
| Grand Total | 23,799,638,702.50 | 391,449,042,903.02 | 6.08% |
Source: www.bsp.gov.ph
There are nine Thrift Banks with an NPL Ratio greater than 30% of Total Loan Portfolio - Net (TLP-Net). These are as follows:
- Northpoint Development Bank (163.91% of TLP-Net)
- Silangan Savings and Loan Bank, Inc. (69.28% of TLP-Net)
- Pacific Ace Savings Bank (59.85% of TLP-Net)
- Comsavings Bank (59.25% of TLP-Net)
- The Real Bank Inc. (55.07% of TLP-Net)
- Sampaguita SLA (42.85% of TLP-Net)
- Metro Cebu Public Savings Bank (42.33% of TLP-Net)
- Citibank Savings Inc. (39.55% of TLP-Net)
- Malasiqui Progressive SLB, Inc. (33.83% of TLP-Net)
Of these banks, three banks are considered distressed:
- Comsavings Bank (formerly GSIS Family Bank)
- Silangan Savings and Loan Bank, Inc.
- The Real Bank, Inc.
The ratio of a bank's NPLs to its total Stockholders Equity (SE) maybe more important than the ratio of its NPLs to Total Loan Portfolio. The idea behind this is that NPLs are fragile things. As a loan deteriorates, its recoverable value will deteriorate as well. A foreclosure might result in a loan recovery that is a fraction of the loans original value. Therefore, banks with high NPL Ratios relative to their Stockholders Equity may face a significant loss of capital if a substantial amount of their NPLs are written of as a loss.
| Philippine Thrift Banking System | |||
| NPL as % of SE | |||
| September 30, 2012 | |||
| NPL | SE | NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| The Real Bank (A Thrift Bank) Inc. | 3,089,404,132.56 | 406,449,689.71 | 760.10% |
| Silangan Savings and Loan Bank, Inc. | 19,784,753.99 | 10,342,100.23 | 191.30% |
| Citibank Savings Inc. | 2,771,555,428.72 | 1,817,029,562.88 | 152.53% |
| Security Bank Savings Corporation | 571,601,598.82 | 736,065,900.73 | 77.66% |
| Planters Development Bank | 2,711,873,513.54 | 3,924,090,032.92 | 69.11% |
| Bataan Development Bank | 46,353,003.59 | 67,597,577.61 | 68.57% |
| Legazpi Savings Bank Inc. | 100,954,216.42 | 181,260,590.59 | 55.70% |
| Comsavings Bank | 190,618,087.35 | 352,249,570.43 | 54.11% |
| Luzon Development Bank | 219,475,516.72 | 406,399,302.47 | 54.00% |
| Opportunity Kauswagan Bank, Inc. | 47,684,373.36 | 94,831,661.78 | 50.28% |
| Farmers Savings & Loan Bank | 51,174,135.56 | 102,604,061.96 | 49.88% |
| Philippine Postal Savings Bank | 348,931,208.42 | 704,043,495.18 | 49.56% |
| Sterling Bank of Asia Inc. | 781,158,008.07 | 1,696,273,590.30 | 46.05% |
| Pampanga Development Bank | 45,168,132.43 | 107,312,295.20 | 42.09% |
| Village SLA, Inc. | 27,991,023.47 | 71,806,327.58 | 38.98% |
| Allied Savings Bank | 339,137,105.98 | 956,183,719.07 | 35.47% |
| Malasiqui Progressive SLB, Inc. | 17,755,918.15 | 50,112,079.58 | 35.43% |
| Metro Cebu Public Savings Bank | 21,756,082.32 | 65,801,135.23 | 33.06% |
| Sampaguita SLA | 15,760,176.09 | 48,493,348.43 | 32.50% |
| Philippine Savings Bank | 4,371,709,846.20 | 13,537,819,146.69 | 32.29% |
| Malayan Bank Savings & Mortgage Bank | 289,584,507.49 | 1,030,272,614.97 | 28.11% |
| Tong Yang Savings Bank Inc. | 108,770,025.35 | 406,849,416.47 | 26.73% |
| Penbank, Inc. | 69,241,199.63 | 261,521,790.11 | 26.48% |
| BPI Direct Savings Bank | 186,059,098.41 | 739,167,639.63 | 25.17% |
| Iloilo City Development Bank | 16,204,747.47 | 64,575,154.89 | 25.09% |
| University Savings Bank | 52,110,978.33 | 209,250,986.29 | 24.90% |
| First Consolidated Bank | 426,729,100.18 | 1,740,308,076.63 | 24.52% |
| Producers Savings Bank | 166,242,041.59 | 720,392,659.44 | 23.08% |
| Equicom SB | 105,817,165.94 | 463,045,239.53 | 22.85% |
| BPI Family Savings Bank | 3,401,887,439.01 | 15,292,851,941.12 | 22.24% |
| World Partners Bank (A Thrift Bank) | 35,116,346.27 | 159,152,523.60 | 22.06% |
| Cordillera Savings Bank | 21,484,504.10 | 99,908,118.27 | 21.50% |
| Hiyas Savings & Loan Bank | 34,167,307.18 | 159,176,956.30 | 21.46% |
| Lemery Savings & Loan Bank, Inc. | 14,996,053.04 | 70,264,263.50 | 21.34% |
| RCBC Savings Bank | 1,422,235,155.07 | 7,166,281,446.81 | 19.85% |
| Wealth Bank - A Development Bank | 69,207,906.04 | 369,496,704.40 | 18.73% |
| Dungganon Bank | 11,530,367.97 | 64,495,286.01 | 17.88% |
| Philippine Business Bank | 758,484,691.89 | 4,371,356,169.80 | 17.35% |
| Maritime SLA | 11,152,304.30 | 66,102,437.80 | 16.87% |
| Quezon Coconut Producers SLB Inc. | 9,563,924.35 | 56,890,460.69 | 16.81% |
| Business & Consumers Bank | 13,211,581.05 | 80,158,164.99 | 16.48% |
| BPI Globe Banko Inc. Savings Bank | 54,469,863.14 | 349,094,796.54 | 15.60% |
| Pridestar Development Bank | 9,106,451.30 | 67,592,604.71 | 13.47% |
| Pacific Ace Savings Bank | 8,901,627.53 | 73,164,054.62 | 12.17% |
| UCPB Savings Bank | 208,291,943.00 | 2,219,668,705.76 | 9.38% |
| Dumaguete City Development Bank | 18,543,550.99 | 210,023,861.68 | 8.83% |
| City Savings Bank | 185,387,596.40 | 2,103,900,942.28 | 8.81% |
| Northpoint Development Bank | 6,891,037.28 | 78,747,771.22 | 8.75% |
| China Bank Savings | 83,429,368.24 | 1,109,583,840.73 | 7.52% |
| Sun Savings Bank | 5,276,108.19 | 73,533,260.75 | 7.18% |
| Card SME Bank Inc. (A Thrift Bank) | 11,415,807.43 | 184,615,481.92 | 6.18% |
| Tower Development Bank | 4,940,073.64 | 115,889,336.63 | 4.26% |
| CityState Savings Bank | 30,667,454.51 | 782,398,842.10 | 3.92% |
| Bataan SLA | 2,783,653.43 | 74,116,683.86 | 3.76% |
| Bank One Savings and Trust Corp. | 19,390,888.26 | 523,078,931.29 | 3.71% |
| The Queen City Development Bank | 23,049,328.42 | 673,148,238.43 | 3.42% |
| HSBC Savings Bank (Phils) Inc. | 86,920,286.66 | 3,068,645,532.31 | 2.83% |
| Life Savings Bank | 1,737,746.67 | 63,720,809.87 | 2.73% |
| Optimum Development Bank | 16,269,278.12 | 674,499,273.91 | 2.41% |
| Microfinance Maximum SB (Maxbank) | 1,193,170.18 | 62,487,046.42 | 1.91% |
| Progress SLA | 1,329,679.84 | 83,884,449.90 | 1.59% |
| Century Savings Bank | 5,570,603.90 | 893,351,154.16 | 0.62% |
| Merchants Savings & Loan Association Inc. | 430,478.95 | 6,502,899,210.43 | 0.01% |
| BDO Elite Savings Bank | 0.00 | 1,539,407,664.50 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 632,239,119.74 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 1,251,275,177.34 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 706,325,774.05 | 0.00% |
| Grand Total | 23,799,638,702.50 | 83,045,575,804.97 | 28.66% |
Source: www.bsp.gov.ph
Of the sixty-seven thrift banks in this list, twenty have an NPL to Stockholders Equity Ratio of 30% or more. These banks are as follows:
- The Real Bank Inc. (760.10% of SE)
- Silangan Savings and Loan Bank, Inc. (191.30% of SE)
- Citibank Savings Inc. (152.53% of SE)
- Security Bank Savings Corporation (77.66% of SE)
- Planters Development Bank (69.11% of SE)
- Bataan Development Bank (68.57% of SE)
- Legazpi Savings Bank Inc. (55.70% of SE)
- Comsavings Bank (54.11% of SE)
- Luzon Development Bank (54.00% of SE)
- Opportunity Kauswagan Bank, Inc. (50.28% of SE)
- Farmers Savings & Loan Bank (49.88% of SE)
- Philippine Postal Savings Bank (49.56% of SE)
- Sterling Bank of Asia Inc. (46.05% of SE)
- Pampanga Development Bank (42.09% of SE)
- Village SLA, Inc. (38.98% of SE)
- Allied Savings Bank (35.47% of SE)
- Malasiqui Progressive SLB, Inc. (35.43% of SE)
- Metro-Cebu Public Savings Bank (33.06% of SE)
- Sampaguita SLA (32.50% of SE)
- Philippine Savings Bank (32.29% of SE)
Another indicator of a bank's financial health is the level of DOSRI Loans in relation to a bank's Total Loan Portfolio. Under current banking regulations, the limit on the amount of individual loans to DOSRI, of which 70% must be secured, should not exceed a bank's parent company's regulatory capital or 15% of the bank's parent company's total loan portfolio, whichever is lower. These limits do not apply to loans secured by assets considered as non-risk as defined in the regulations. Therefore banks with significantly high DOSRI Loan to Total Loan Portfolio - Net ratios may be bumping up or exceeding the limits of compliance with DOSRI regulations.
Of the sixty-seven banks listed as Thrift Banks, twenty-two reported having no DOSRI Loans. Of the forty-five thrift banks with DOSRI Loans, sixteen had DOSRI Loans that made up less than 1% of their Total Loan Portfolios. However, several thrift banks had DOSRI Loans that comprised more than 15% of their Total Loan Portfolios. They are as follows:
- The Queen City Development Bank (22.64% of TLP-Net)
- CityState Savings Bank, Inc. (21.58% of TLP-Net)
- Penbank, Inc. (21.34% of TLP-Net)
- Life Savings Bank (19.55% of TLP-Net)
- Sampaguita SLA (15.77% of TLP-Net)
| Philippine Thrift Banking System | |||
| DOSRI as % of TLP-Net | |||
| September 30, 2012 | |||
| DOSRI | TLP-Net | DOSRI/TLP-Net | |
| Bank | (In Php) | (In PHP) | (In %) |
| The Queen City Development Bank | 290,621,767.68 | 1,283,596,767.99 | 22.64% |
| CityState Savings Bank | 339,119,913.93 | 1,571,753,722.86 | 21.58% |
| Penbank, Inc. | 211,151,019.76 | 989,646,939.72 | 21.34% |
| Life Savings Bank | 10,882,438.68 | 55,674,808.65 | 19.55% |
| Sampaguita SLA | 5,800,000.00 | 36,780,535.95 | 15.77% |
| World Partners Bank (A Thrift Bank) | 101,203,255.24 | 735,191,019.83 | 13.77% |
| Village SLA, Inc. | 40,888,037.10 | 365,431,748.42 | 11.19% |
| Malasiqui Progressive SLB, Inc. | 5,450,000.00 | 52,490,225.90 | 10.38% |
| Pampanga Development Bank | 18,343,494.65 | 182,074,286.85 | 10.07% |
| Tower Development Bank | 14,611,249.80 | 148,694,827.11 | 9.83% |
| Opportunity Kauswagan Bank, Inc. | 19,339,041.10 | 235,703,200.62 | 8.20% |
| Philippine Postal Savings Bank | 183,373,767.87 | 2,487,811,501.88 | 7.37% |
| Quezon Coconut Producers SLB Inc. | 2,864,973.90 | 44,561,043.46 | 6.43% |
| Hiyas Savings & Loan Bank | 14,762,476.01 | 232,702,916.63 | 6.34% |
| Luzon Development Bank | 91,982,461.70 | 1,547,566,865.50 | 5.94% |
| Century Savings Bank | 25,000,000.00 | 523,281,328.76 | 4.78% |
| Bank One Savings and Trust Corp. | 29,913,333.33 | 719,610,637.81 | 4.16% |
| Cordillera Savings Bank | 5,389,134.62 | 150,712,542.50 | 3.58% |
| Maritime SLA | 1,567,737.46 | 45,631,175.12 | 3.44% |
| First Consolidated Bank | 206,448,256.65 | 6,037,343,348.80 | 3.42% |
| Dumaguete City Development Bank | 14,317,108.07 | 441,522,920.93 | 3.24% |
| Comsavings Bank | 10,286,209.63 | 321,713,505.73 | 3.20% |
| Philippine Business Bank | 518,650,322.66 | 18,170,349,741.54 | 2.85% |
| Philippine Savings Bank | 1,964,902,355.44 | 71,434,102,136.83 | 2.75% |
| Producers Savings Bank | 91,541,239.43 | 3,428,950,850.67 | 2.67% |
| Legazpi Savings Bank Inc. | 25,363,492.29 | 1,274,231,045.57 | 1.99% |
| Planters Development Bank | 603,039,186.14 | 32,573,377,178.14 | 1.85% |
| Malayan Bank Savings & Mortgage Bank | 71,243,130.89 | 4,032,362,493.27 | 1.77% |
| University Savings Bank | 4,171,687.33 | 417,415,398.62 | 1.00% |
| HSBC Savings Bank (Phils) Inc. | 84,046,017.99 | 9,245,813,788.53 | 0.91% |
| Wealth Bank - A Development Bank | 11,474,152.56 | 1,850,858,885.87 | 0.62% |
| Security Bank Savings Corporation | 16,678,915.32 | 3,071,105,915.55 | 0.54% |
| Lemery Savings & Loan Bank, Inc. | 348,425.00 | 66,064,419.51 | 0.53% |
| China Bank Savings | 9,999,849.66 | 3,171,651,227.42 | 0.32% |
| Tong Yang Savings Bank Inc. | 2,311,036.55 | 883,699,514.25 | 0.26% |
| Farmers Savings & Loan Bank | 326,177.13 | 227,444,130.46 | 0.14% |
| RCBC Savings Bank | 47,775,826.58 | 35,072,987,823.86 | 0.14% |
| Equicom SB | 2,633,962.81 | 3,330,228,511.97 | 0.08% |
| BPI Family Savings Bank | 47,024,520.95 | 117,604,418,447.52 | 0.04% |
| Iloilo City Development Bank | 100,000.00 | 250,568,374.21 | 0.04% |
| UCPB Savings Bank | 2,089,195.44 | 6,235,951,100.75 | 0.03% |
| BPI Direct Savings Bank | 1,646,117.83 | 5,400,831,912.12 | 0.03% |
| Sterling Bank of Asia Inc. | 3,700,404.36 | 15,237,129,727.04 | 0.02% |
| Isla Bank (A Thrift Bank) Inc. | 78,225.15 | 647,309,518.80 | 0.01% |
| City Savings Bank | 160,000.00 | 12,403,144,131.01 | 0.00% |
| Allied Savings Bank | 0.00 | 2,365,353,125.99 | 0.00% |
| Bataan Development Bank | 0.00 | 158,828,247.08 | 0.00% |
| Bataan SLA | 0.00 | 29,360,108.47 | 0.00% |
| BDO Elite Savings Bank | 0.00 | 935,000,000.00 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 2,102,265,019.27 | 0.00% |
| Business & Consumers Bank | 0.00 | 121,036,527.68 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 425,911,461.63 | 0.00% |
| Citibank Savings Inc. | 0.00 | 7,007,164,743.43 | 0.00% |
| Dungganon Bank | 0.00 | 99,235,251.60 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 172,776,614.81 | 0.00% |
| Metro Cebu Public Savings Bank | 0.00 | 51,399,343.24 | 0.00% |
| Microfinance Maximum SB (Maxbank) | 0.00 | 17,890,253.42 | 0.00% |
| Northpoint Development Bank | 0.00 | 4,204,248.65 | 0.00% |
| Optimum Development Bank | 0.00 | 674,546,429.37 | 0.00% |
| Pacific Ace Savings Bank | 0.00 | 14,872,436.80 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 6,730,213,136.12 | 0.00% |
| Pridestar Development Bank | 0.00 | 52,111,433.21 | 0.00% |
| Progress SLA | 0.00 | 5,132,571.01 | 0.00% |
| Silangan Savings and Loan Bank, Inc. | 0.00 | 28,556,635.91 | 0.00% |
| Sun Savings Bank | 0.00 | 49,984,977.28 | 0.00% |
| The Real Bank (A Thrift Bank) Inc. | 0.00 | 5,610,414,862.60 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 553,293,330.92 | 0.00% |
| Grand Total | 5,152,619,918.69 | 391,449,042,903.02 | 1.32% |
Source: www.bsp.gov.ph
DOSRI Rules indicate that, in the aggregate, DOSRI Loans should not exceed the total equity of the bank. Therefore banks with a significantly high DOSRI Loans as a percentage of Stockholders Equity may be approaching DOSRI Limits.
| Philippine Thrift Banking System | |||
| DOSRI as % of Stockholders Equity | |||
| September 30, 2012 | |||
| DOSRI | SE | DOSRI/SE | |
| Bank | (In Php) | (In PHP) | (In %) |
| Penbank, Inc. | 211,151,019.76 | 261,521,790.11 | 80.74% |
| World Partners Bank (A Thrift Bank) | 101,203,255.24 | 159,152,523.60 | 63.59% |
| Village SLA, Inc. | 40,888,037.10 | 71,806,327.58 | 56.94% |
| CityState Savings Bank | 339,119,913.93 | 782,398,842.10 | 43.34% |
| The Queen City Development Bank | 290,621,767.68 | 673,148,238.43 | 43.17% |
| Philippine Postal Savings Bank | 183,373,767.87 | 704,043,495.18 | 26.05% |
| Luzon Development Bank | 91,982,461.70 | 406,399,302.47 | 22.63% |
| Opportunity Kauswagan Bank, Inc. | 19,339,041.10 | 94,831,661.78 | 20.39% |
| Pampanga Development Bank | 18,343,494.65 | 107,312,295.20 | 17.09% |
| Life Savings Bank | 10,882,438.68 | 63,720,809.87 | 17.08% |
| Planters Development Bank | 603,039,186.14 | 3,924,090,032.92 | 15.37% |
| Philippine Savings Bank | 1,964,902,355.44 | 13,537,819,146.69 | 14.51% |
| Legazpi Savings Bank Inc. | 25,363,492.29 | 181,260,590.59 | 13.99% |
| Producers Savings Bank | 91,541,239.43 | 720,392,659.44 | 12.71% |
| Tower Development Bank | 14,611,249.80 | 115,889,336.63 | 12.61% |
| Sampaguita SLA | 5,800,000.00 | 48,493,348.43 | 11.96% |
| Philippine Business Bank | 518,650,322.66 | 4,371,356,169.80 | 11.86% |
| First Consolidated Bank | 206,448,256.65 | 1,740,308,076.63 | 11.86% |
| Malasiqui Progressive SLB, Inc. | 5,450,000.00 | 50,112,079.58 | 10.88% |
| Hiyas Savings & Loan Bank | 14,762,476.01 | 159,176,956.30 | 9.27% |
| Malayan Bank Savings & Mortgage Bank | 71,243,130.89 | 1,030,272,614.97 | 6.91% |
| Dumaguete City Development Bank | 14,317,108.07 | 210,023,861.68 | 6.82% |
| Bank One Savings and Trust Corp. | 29,913,333.33 | 523,078,931.29 | 5.72% |
| Cordillera Savings Bank | 5,389,134.62 | 99,908,118.27 | 5.39% |
| Quezon Coconut Producers SLB Inc. | 2,864,973.90 | 56,890,460.69 | 5.04% |
| Wealth Bank - A Development Bank | 11,474,152.56 | 369,496,704.40 | 3.11% |
| Comsavings Bank | 10,286,209.63 | 352,249,570.43 | 2.92% |
| Century Savings Bank | 25,000,000.00 | 893,351,154.16 | 2.80% |
| HSBC Savings Bank (Phils) Inc. | 84,046,017.99 | 3,068,645,532.31 | 2.74% |
| Maritime SLA | 1,567,737.46 | 66,102,437.80 | 2.37% |
| Security Bank Savings Corporation | 16,678,915.32 | 736,065,900.73 | 2.27% |
| University Savings Bank | 4,171,687.33 | 209,250,986.29 | 1.99% |
| China Bank Savings | 9,999,849.66 | 1,109,583,840.73 | 0.90% |
| RCBC Savings Bank | 47,775,826.58 | 7,166,281,446.81 | 0.67% |
| Equicom SB | 2,633,962.81 | 463,045,239.53 | 0.57% |
| Tong Yang Savings Bank Inc. | 2,311,036.55 | 406,849,416.47 | 0.57% |
| Lemery Savings & Loan Bank, Inc. | 348,425.00 | 70,264,263.50 | 0.50% |
| Farmers Savings & Loan Bank | 326,177.13 | 102,604,061.96 | 0.32% |
| BPI Family Savings Bank | 47,024,520.95 | 15,292,851,941.12 | 0.31% |
| BPI Direct Savings Bank | 1,646,117.83 | 739,167,639.63 | 0.22% |
| Sterling Bank of Asia Inc. | 3,700,404.36 | 1,696,273,590.30 | 0.22% |
| Iloilo City Development Bank | 100,000.00 | 64,575,154.89 | 0.15% |
| UCPB Savings Bank | 2,089,195.44 | 2,219,668,705.76 | 0.09% |
| Isla Bank (A Thrift Bank) Inc. | 78,225.15 | 632,239,119.74 | 0.01% |
| City Savings Bank | 160,000.00 | 2,103,900,942.28 | 0.01% |
| Allied Savings Bank | 0.00 | 956,183,719.07 | 0.00% |
| Bataan Development Bank | 0.00 | 67,597,577.61 | 0.00% |
| Bataan SLA | 0.00 | 74,116,683.86 | 0.00% |
| BDO Elite Savings Bank | 0.00 | 1,539,407,664.50 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 349,094,796.54 | 0.00% |
| Business & Consumers Bank | 0.00 | 80,158,164.99 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 184,615,481.92 | 0.00% |
| Citibank Savings Inc. | 0.00 | 1,817,029,562.88 | 0.00% |
| Dungganon Bank | 0.00 | 64,495,286.01 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 6,502,899,210.43 | 0.00% |
| Metro Cebu Public Savings Bank | 0.00 | 65,801,135.23 | 0.00% |
| Microfinance Maximum SB (Maxbank) | 0.00 | 62,487,046.42 | 0.00% |
| Northpoint Development Bank | 0.00 | 78,747,771.22 | 0.00% |
| Optimum Development Bank | 0.00 | 674,499,273.91 | 0.00% |
| Pacific Ace Savings Bank | 0.00 | 73,164,054.62 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 1,251,275,177.34 | 0.00% |
| Pridestar Development Bank | 0.00 | 67,592,604.71 | 0.00% |
| Progress SLA | 0.00 | 83,884,449.90 | 0.00% |
| Silangan Savings and Loan Bank, Inc. | 0.00 | 10,342,100.23 | 0.00% |
| Sun Savings Bank | 0.00 | 73,533,260.75 | 0.00% |
| The Real Bank (A Thrift Bank) Inc. | 0.00 | 406,449,689.71 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 706,325,774.05 | 0.00% |
| Grand Total | 5,152,619,918.69 | 83,045,575,804.97 | 6.20% |
Source: www.bsp.gov.ph
Banks often take pains to avoid DOSRI Loans from falling past due. Although bank policies often state that DOSRI Loans are made “substantially on the same terms as with other individuals and businesses of comparable risks. (See Planters Development Bank Annual Report December 31, 2010). Loan underwriting standards should be tighter because a past due DOSRI loan reflects badly on the bank. DOSRI Loans that fall past due are often:
- Written off as soon as possible;
- Refinanced or Restructured to become current (this requires Board of Directors Approval); or are
- Technically reclassified as a general NPL (like if a loan to a former bank officer falls past due).
- Cordillera Savings Bank, Inc. (33.13% of DOSRI Loans)
One bank, Silangan Savings and Loan Bank, Inc. reported zero DOSRI Loans but had Php 3.312 million in Past Due DOSRI Loans.
| Philippine Thrift Banking System | |||
| DOSRI Past Due as % of DOSRI | |||
| September 30, 2012 | |||
| DOSRI Past Due | DOSRI | DOSRI Past Due/DOSRI | |
| Bank | (In PHP) | (In PHP) | (In %) |
| Cordillera Savings Bank | 1,771,325.87 | 5,389,134.62 | 32.87% |
| Philippine Savings Bank | 498,818,279.69 | 1,964,902,355.44 | 25.39% |
| UCPB Savings Bank | 4.00 | 2,089,195.44 | 0.00% |
| Bank One Savings and Trust Corp. | 0.00 | 29,913,333.33 | 0.00% |
| BPI Direct Savings Bank | 0.00 | 1,646,117.83 | 0.00% |
| BPI Family Savings Bank | 0.00 | 47,024,520.95 | 0.00% |
| Century Savings Bank | 0.00 | 25,000,000.00 | 0.00% |
| China Bank Savings | 0.00 | 9,999,849.66 | 0.00% |
| City Savings Bank | 0.00 | 160,000.00 | 0.00% |
| CityState Savings Bank | 0.00 | 339,119,913.93 | 0.00% |
| Comsavings Bank | 0.00 | 10,286,209.63 | 0.00% |
| Dumaguete City Development Bank | 0.00 | 14,317,108.07 | 0.00% |
| Equicom SB | 0.00 | 2,633,962.81 | 0.00% |
| Farmers Savings & Loan Bank | 0.00 | 326,177.13 | 0.00% |
| First Consolidated Bank | 0.00 | 206,448,256.65 | 0.00% |
| Hiyas Savings & Loan Bank | 0.00 | 14,762,476.01 | 0.00% |
| HSBC Savings Bank (Phils) Inc. | 0.00 | 84,046,017.99 | 0.00% |
| Iloilo City Development Bank | 0.00 | 100,000.00 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 78,225.15 | 0.00% |
| Legazpi Savings Bank Inc. | 0.00 | 25,363,492.29 | 0.00% |
| Lemery Savings & Loan Bank, Inc. | 0.00 | 348,425.00 | 0.00% |
| Life Savings Bank | 0.00 | 10,882,438.68 | 0.00% |
| Luzon Development Bank | 0.00 | 91,982,461.70 | 0.00% |
| Malasiqui Progressive SLB, Inc. | 0.00 | 5,450,000.00 | 0.00% |
| Malayan Bank Savings & Mortgage Bank | 0.00 | 71,243,130.89 | 0.00% |
| Maritime SLA | 0.00 | 1,567,737.46 | 0.00% |
| Opportunity Kauswagan Bank, Inc. | 0.00 | 19,339,041.10 | 0.00% |
| Pampanga Development Bank | 0.00 | 18,343,494.65 | 0.00% |
| Penbank, Inc. | 0.00 | 211,151,019.76 | 0.00% |
| Philippine Business Bank | 0.00 | 518,650,322.66 | 0.00% |
| Philippine Postal Savings Bank | 0.00 | 183,373,767.87 | 0.00% |
| Planters Development Bank | 0.00 | 603,039,186.14 | 0.00% |
| Producers Savings Bank | 0.00 | 91,541,239.43 | 0.00% |
| Quezon Coconut Producers SLB Inc. | 0.00 | 2,864,973.90 | 0.00% |
| RCBC Savings Bank | 0.00 | 47,775,826.58 | 0.00% |
| Sampaguita SLA | 0.00 | 5,800,000.00 | 0.00% |
| Security Bank Savings Corporation | 0.00 | 16,678,915.32 | 0.00% |
| Sterling Bank of Asia Inc. | 0.00 | 3,700,404.36 | 0.00% |
| The Queen City Development Bank | 0.00 | 290,621,767.68 | 0.00% |
| Tong Yang Savings Bank Inc. | 0.00 | 2,311,036.55 | 0.00% |
| Tower Development Bank | 0.00 | 14,611,249.80 | 0.00% |
| University Savings Bank | 0.00 | 4,171,687.33 | 0.00% |
| Village SLA, Inc. | 0.00 | 40,888,037.10 | 0.00% |
| Wealth Bank - A Development Bank | 0.00 | 11,474,152.56 | 0.00% |
| World Partners Bank (A Thrift Bank) | 0.00 | 101,203,255.24 | 0.00% |
| Allied Savings Bank | 0.00 | 0.00 | NA |
| Bataan Development Bank | 0.00 | 0.00 | NA |
| Bataan SLA | 0.00 | 0.00 | NA |
| BDO Elite Savings Bank | 0.00 | 0.00 | NA |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 0.00 | NA |
| Business & Consumers Bank | 0.00 | 0.00 | NA |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 0.00 | NA |
| Citibank Savings Inc. | 0.00 | 0.00 | NA |
| Dungganon Bank | 0.00 | 0.00 | NA |
| Merchants Savings & Loan Association Inc. | 0.00 | 0.00 | NA |
| Metro Cebu Public Savings Bank | 0.00 | 0.00 | NA |
| Microfinance Maximum SB (Maxbank) | 0.00 | 0.00 | NA |
| Northpoint Development Bank | 0.00 | 0.00 | NA |
| Optimum Development Bank | 0.00 | 0.00 | NA |
| Pacific Ace Savings Bank | 0.00 | 0.00 | NA |
| Philippine Resources Savings Banking Corporation | 0.00 | 0.00 | NA |
| Pridestar Development Bank | 0.00 | 0.00 | NA |
| Progress SLA | 0.00 | 0.00 | NA |
| Silangan Savings and Loan Bank, Inc. | 3,311,630.00 | 0.00 | NA |
| Sun Savings Bank | 0.00 | 0.00 | NA |
| The Real Bank (A Thrift Bank) Inc. | 0.00 | 0.00 | NA |
| United Overseas Bank Philippines | 0.00 | 0.00 | NA |
| Grand Total | 503,901,239.56 | 5,152,619,918.69 | 9.78% |
Source: www.bsp.gov.ph
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