Almost 100% of Security Bank Savings Corporation's Total Loan Portfolio Are NPLs as of March 31, 2015

Editor's Note: Data is culled from  the Published Statements of Condition of individual Philippine Banks found in www.bsp.gov.ph.  Banks highlighted in yellow are classified as Distressed Banks.   The level of distress is measured by the Ratio of their Total Distressed Assets/Total Capital Cushion as of March 31, 2015.  See a previous blog post:  Philippine Banks Improve in the 1st Qtr. of 2015 or "The Top Distressed Philippine Banks as of March 31, 2015"

This blog post updates previous blog posts such as Comsavings Bank Ranks First in Non-Performing Loans as % of Capital Funds as of December 31, 2014


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: "Banks reduce exposure to bad debts, have more cash to loan out—BSP".

In the Philippine Banking Industry, Gross Non-Performing Loans stood at Php 124.668 billion as of March 31, 2015 - approximately 2.23% of the Philippine Banking Industry's Total Loan Portfolio of Php 5.592 trillion.

Philippine Banking System
NPL as % of TLP
March 31, 2015
	Gross NPLs	Gross TLP	Gross NPL/ Gross TLP
Bank	(In Php)	(In Php)	(In %)
SECURITY BANK SAVINGS CORPORATION	512,338,894.46	514,849,001.10	99.51%
PROGRESS SAVINGS AND LOAN BANK INC	1,185,998.13	1,371,153.99	86.50%
COMSAVINGS BANK	191,248,204.56	223,772,046.88	85.47%
BPI GLOBE BANKO INC A SAVINGS BANK	280,542,197.86	445,518,464.14	62.97%
SAMPAGUITA SAVINGS BANK INC	22,960,554.29	43,311,178.84	53.01%
NORTHPOINT DEV'T BANK INC	116,923,465.35	220,760,327.48	52.96%
MBANK PHILIPPINES (A THRIFT BANK) INC	36,806,758.28	79,402,461.19	46.35%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	121,016,620.35	295,173,692.90	41.00%
BATAAN DEVELOPMENT BANK	64,582,515.58	166,832,865.47	38.71%
WORLD PARTNERS BANK (A THRIFT BANK)	111,334,633.18	301,330,133.37	36.95%
LEGAZPI SAVINGS BANK INC	407,843,600.38	1,125,691,341.90	36.23%
METRO CEBU PUBLIC SAVINGS BANK	23,324,342.73	67,616,354.39	34.50%
PACIFIC ACE SAVINGS BANK INC	4,961,502.34	14,881,238.12	33.34%
TONGYANG SAVINGS BANK INC	114,796,354.04	362,169,226.71	31.70%
UNITED OVERSEAS BANK PHILIPPINES	665,440,686.65	2,113,372,662.44	31.49%
FARMERS SAVINGS & LOAN BANK INC	58,212,898.88	218,246,591.76	26.67%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC	27,617,113.51	116,962,490.84	23.61%
PAMPANGA DEVELOPMENT BANK	55,727,765.20	276,683,395.18	20.14%
MALASIQUI PROGRESSIVE SLB, INC	7,772,843.25	38,657,522.65	20.11%
MALAYAN BANK SAVINGS AND MORT BANK INC	666,040,981.85	3,866,651,072.82	17.23%
MARITIME SAVINGS BANK CORPORATION	21,163,052.88	134,281,535.55	15.76%
MICROFINANCE MAXIMUM SB INC	2,425,068.76	15,892,801.34	15.26%
LUZON DEVELOPMENT BANK	499,420,736.49	3,489,550,103.27	14.31%
LIFE SAVINGS BANK INC	11,010,626.31	79,455,418.81	13.86%
PLANTERS DEVELOPMENT BANK	3,189,663,230.00	30,621,568,169.70	10.42%
EQUICOM SAVINGS BANK INC	428,713,287.42	4,116,899,844.66	10.41%
PHIL STAR DEVELOPMENT BANK INC	4,656,148.72	45,948,036.48	10.13%
1ST VALLEY BANK INC A DEVELOPMENT BANK	509,998,431.29	5,081,670,784.26	10.04%
CORDILLERA SAVINGS BANK INC	16,205,747.70	174,651,930.30	9.28%
BUSINESS AND CONSUMERS BANK (A DB)	13,382,405.13	146,781,773.33	9.12%
HIYAS BANKING CORPORATION	16,450,205.95	197,509,113.69	8.33%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS	747,125,942.99	9,016,130,295.69	8.29%
DUMAGUETE CITY DEV BANK INC	36,126,106.59	436,195,312.96	8.28%
PHIL POSTAL SAVINGS BANK INC	466,132,640.60	5,976,393,409.37	7.80%
ENTERPRISE BANK INC (A THRIFT BANK)	112,532,855.86	1,487,293,839.54	7.57%
UNION BANK OF THE PHILS	9,877,599,202.32	136,216,825,945.84	7.25%
BANK ONE SAVINGS AND TRUST CORP.	40,153,201.27	566,504,854.76	7.09%
LEMERY SAVINGS & LOAN BANK, INC.	4,348,037.52	61,534,905.66	7.07%
INTER-ASIA DEVELOPMENT BANK	8,609,444.71	124,323,941.40	6.93%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	131,506,166.73	1,905,331,617.43	6.90%
THE PALAWAN BANK (PALAWAN DB) INC	15,194,656.19	239,745,970.44	6.34%
PHIL BANK OF COMMUNICATIONS	1,745,888,751.18	28,009,232,510.50	6.23%
EAST WEST BANKING CORP	7,353,959,721.22	119,703,838,840.54	6.14%
WEALTH DEVELOPMENT BANK CORPORATION	201,120,841.49	3,276,425,751.65	6.14%
VILLAGE BANK INC (A THRIFT BANK)	24,358,134.33	397,106,785.82	6.13%
STANDARD CHARTERED BANK	2,524,542,279.33	43,048,450,694.05	5.86%
UNIVERSITY SAVINGS BANK INC	26,222,110.35	450,284,877.33	5.82%
FIRST CONSOLIDATED BANK INC (A PDB)	560,207,876.49	10,026,745,823.01	5.59%
UNITED COCONUT PLANTERS BANK	5,746,724,166.55	104,151,419,018.37	5.52%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	942,691,611.75	17,107,556,558.85	5.51%
CITYSTATE SAVINGS BANK INC	103,482,596.62	1,902,011,325.59	5.44%
BANK OF COMMERCE	2,449,297,065.34	45,490,069,359.83	5.38%
CENTURY SAVINGS BANK CORPORATION	36,771,150.94	771,443,182.97	4.77%
RCBC SAVINGS BANK INC	2,585,628,228.10	54,742,806,740.15	4.72%
UCPB SAVINGS BANK	512,493,634.01	11,385,389,378.86	4.50%
CHINA BANK SAVINGS INC	686,951,119.90	15,427,459,802.73	4.45%
PRODUCERS SAVINGS BANK CORPORATION	268,795,613.94	6,170,903,479.56	4.36%
TOWER DEVELOPMENT BANK	11,153,590.50	257,498,152.48	4.33%
MERCHANTS SAVINGS & LOAN ASSN INC	9,252,307.06	220,258,735.79	4.20%
PNB SAVINGS BANK	427,188,228.75	10,187,851,850.83	4.19%
PHIL SAVINGS BANK	4,336,921,235.15	105,038,786,802.65	4.13%
QUEZON COCONUT BANK INC (A THRIFT BANK)	1,839,153.08	45,336,753.41	4.06%
BATAAN SAVINGS AND LOAN BANK	1,419,538.00	36,838,632.90	3.85%
DEVELOPMENT BANK OF THE PHIL	5,863,437,846.65	156,622,484,819.70	3.74%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	42,769,596.12	1,182,720,402.06	3.62%
SUN SAVINGS BANK INC	11,050,430.93	320,972,188.01	3.44%
MAYBANK PHILIPPINES INC	1,689,317,413.77	49,967,229,769.48	3.38%
PHIL NATIONAL BANK	9,301,061,945.00	287,395,764,188.26	3.24%
PHILIPPINE VETERANS BANK	600,639,100.41	18,567,154,178.24	3.23%
ASIA UNITED BANK CORPORATION	2,084,924,543.46	70,709,018,608.07	2.95%
BPI FAMILY SAVINGS BANK INC	4,921,476,831.19	180,142,846,247.36	2.73%
CITIBANK, N.A.	2,889,108,388.18	110,350,180,260.20	2.62%
CARD SME BANK INC A THRIFT BANK	32,736,348.30	1,287,919,706.41	2.54%
ROBINSONS BANK CORPORATION	558,006,486.11	22,610,741,481.61	2.47%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	939,826,283.92	38,480,933,807.05	2.44%
PHIL TRUST COMPANY	1,106,060,633.65	47,804,532,325.65	2.31%
OPTIMUM DEVELOPMENT BANK INC	22,988,260.92	996,464,126.11	2.31%
BANK OF CHINA LIMITED-MANILA BRANCH	189,040,895.91	8,496,905,686.58	2.22%
CTBC BANK (PHILIPPINES) CORP	440,792,982.95	20,936,217,244.39	2.11%
CHINA BANKING CORP	4,648,856,616.84	245,772,114,953.84	1.89%
BPI DIRECT SAVINGS BANK INC	153,634,930.52	8,234,499,901.48	1.87%
HONGKONG & SHANGHAI BANKING CORP	1,049,304,788.02	58,573,285,974.93	1.79%
LAND BANK OF THE PHILIPPINES	6,945,870,220.09	398,039,182,834.52	1.75%
BDO UNIBANK INC	15,797,233,825.99	1,117,397,711,583.05	1.41%
BANK OF THE PHIL ISLANDS	8,352,468,626.16	607,444,487,840.89	1.38%
CITY SAVINGS BANK INC	594,760,597.21	44,066,917,396.08	1.35%
RIZAL COMM'L BANKING CORP	2,069,285,395.36	211,121,959,325.89	0.98%
SECURITY BANK CORP	1,408,759,419.03	195,674,523,780.33	0.72%
MEGA INT'L COMM'L BANK CO LTD	67,450,000.00	10,266,233,538.32	0.66%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,092,048.97	171,265,512.30	0.64%
HSBC SAVINGS BANK(PHILS) INC	81,930,694.58	13,483,798,087.84	0.61%
KOREA EXCHANGE BANK	23,550,178.80	4,054,522,736.71	0.58%
METROPOLITAN BANK & TCO	2,551,456,717.49	705,662,172,869.04	0.36%
ANZ BANKING GROUP LTD	23,339,114.85	26,944,467,259.28	0.09%
BANGKOK BANK PUBLIC CO LTD	4,714,155.55	6,391,464,497.63	0.07%
JP MORGAN CHASE BANK NATIONAL ASSN.	734,885.22	11,065,665,506.81	0.01%
INTERNATIONALE NEDERLANDEN GROEP BK	91.40	20,996,550,689.79	0.00%
BANK OF AMERICA N.A.	4.00	1,436,168,638.44	0.00%
BDO PRIVATE BANK, INC.	0.00	12,821,453,516.80	0.00%
DEUTSCHE BANK AG	0.00	25,287,305,825.34	0.00%
ISLA BANK(A THRIFT BANK) INC	0.00	933,973,770.11	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	24,449,409,187.55	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	38,264,080,828.77	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	124,667,684,377.93	5,592,900,758,979.44	2.23%

Source: www.bsp.gov.ph

There are fifteen Philippine Banks with an Gross NPL Ratio greater than 30% of Total Loan Portfolio  (TLP).  These are as follows:

1. Security Bank Savings Corporation (99.51% of TLP)
2. Progress Savings and Loan Bank Inc. (86.50% of TLP)
3. Comsavings Bank (85.47% of TLP)
4. BPI Globe Banko Inc. (62.97% of TLP)
5. Sampaguita Savings Bank Inc. (53.01% of TLP)
6. Northpoint Development Bank (52.96% of TLP)
7. MBank Philippines (46.35% of TLP)
8. Opportunity Kauswagan Bank (41.00% of TLP)
9. Bataan Development Bank (38.71% of TLP)
10. World Partners Bank (36.95% of TLP)
11. Legazpi Savings Bank Inc (36.23% of TLP)
12. Metro Cebu Public Savings Bank (34.50% of TLP)
13. Pacific Ace Savings Bank (33.24% of TLP)
14. TongYang Savings Bank (31.70% of TLP)
15. United Overseas Bank Philippines (47.89% of TLP)

Of these banks, seven banks are considered distressed:

1. Security Bank Savings Corporation
2. Comsavings Bank (formerly GSIS Family Bank)
3. BPI Globe Banko Inc.
4. Opportunity Kauswagan Bank Inc.
5. Bataan Development Bank
6. World Partners Bank
7. Legazpi Savings 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 will most likely result in a loan recovery that is a mere fraction of the loan's 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.

On an overall basis, the Gross NPLs of Philippine Banks amounted to 10.37% of Stockholders Equity as of March 31, 2015.

Philippine Banking System
NPL as % of SE
March 31, 2015
	NPL	SE	NPL/SE
Bank	(In PHP)	(In PHP)	(In %)
COMSAVINGS BANK	191,248,204.56	38,533,481.47	496.32%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	121,016,620.35	63,778,558.90	189.74%
LEGAZPI SAVINGS BANK INC	407,843,600.38	293,055,776.54	139.17%
WORLD PARTNERS BANK (A THRIFT BANK)	111,334,633.18	82,368,161.87	135.17%
LUZON DEVELOPMENT BANK	499,420,736.49	533,108,615.37	93.68%
BPI GLOBE BANKO INC A SAVINGS BANK	280,542,197.86	304,094,825.33	92.25%
BATAAN DEVELOPMENT BANK	64,582,515.58	71,577,676.61	90.23%
PLANTERS DEVELOPMENT BANK	3,189,663,230.00	3,729,311,188.88	85.53%
MALAYAN BANK SAVINGS AND MORT BANK INC	666,040,981.85	981,257,387.22	67.88%
EQUICOM SAVINGS BANK INC	428,713,287.42	677,023,616.17	63.32%
NORTHPOINT DEV'T BANK INC	116,923,465.35	199,063,075.93	58.74%
FARMERS SAVINGS & LOAN BANK INC	58,212,898.88	109,971,561.50	52.93%
UNITED OVERSEAS BANK PHILIPPINES	665,440,686.65	1,273,737,551.61	52.24%
MBANK PHILIPPINES (A THRIFT BANK) INC	36,806,758.28	74,305,893.14	49.53%
WEALTH DEVELOPMENT BANK CORPORATION	201,120,841.49	419,331,125.73	47.96%
ENTERPRISE BANK INC (A THRIFT BANK)	112,532,855.86	240,299,900.37	46.83%
PHIL POSTAL SAVINGS BANK INC	466,132,640.60	1,001,228,941.63	46.56%
THE PALAWAN BANK (PALAWAN DB) INC	15,194,656.19	32,902,950.23	46.18%
SECURITY BANK SAVINGS CORPORATION	512,338,894.46	1,143,033,718.34	44.82%
PAMPANGA DEVELOPMENT BANK	55,727,765.20	125,866,612.25	44.28%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	131,506,166.73	299,770,523.32	43.87%
SAMPAGUITA SAVINGS BANK INC	22,960,554.29	55,554,461.00	41.33%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	942,691,611.75	2,289,196,608.47	41.18%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS	747,125,942.99	1,825,335,912.56	40.93%
STANDARD CHARTERED BANK	2,524,542,279.33	6,210,664,540.23	40.65%
1ST VALLEY BANK INC A DEVELOPMENT BANK	509,998,431.29	1,275,621,264.65	39.98%
METRO CEBU PUBLIC SAVINGS BANK	23,324,342.73	59,130,187.54	39.45%
EAST WEST BANKING CORP	7,353,959,721.22	21,215,170,074.44	34.66%
VILLAGE BANK INC (A THRIFT BANK)	24,358,134.33	73,972,492.58	32.93%
MARITIME SAVINGS BANK CORPORATION	21,163,052.88	65,172,179.44	32.47%
RCBC SAVINGS BANK INC	2,585,628,228.10	8,363,165,332.13	30.92%
TONGYANG SAVINGS BANK INC	114,796,354.04	379,798,977.17	30.23%
UNITED COCONUT PLANTERS BANK	5,746,724,166.55	19,493,624,037.54	29.48%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC	27,617,113.51	93,838,745.83	29.43%
CHINA BANK SAVINGS INC	686,951,119.90	2,622,224,892.31	26.20%
PHIL SAVINGS BANK	4,336,921,235.15	16,832,958,884.31	25.76%
UCPB SAVINGS BANK	512,493,634.01	2,100,397,897.70	24.40%
CITIBANK, N.A.	2,889,108,388.18	12,991,673,871.97	22.24%
PHIL BANK OF COMMUNICATIONS	1,745,888,751.18	8,014,764,595.11	21.78%
BPI FAMILY SAVINGS BANK INC	4,921,476,831.19	22,825,999,302.20	21.56%
PRODUCERS SAVINGS BANK CORPORATION	268,795,613.94	1,343,324,173.35	20.01%
UNION BANK OF THE PHILS	9,877,599,202.32	52,694,139,745.70	18.75%
FIRST CONSOLIDATED BANK INC (A PDB)	560,207,876.49	2,990,242,435.53	18.73%
LIFE SAVINGS BANK INC	11,010,626.31	61,786,467.30	17.82%
INTER-ASIA DEVELOPMENT BANK	8,609,444.71	53,743,654.92	16.02%
MAYBANK PHILIPPINES INC	1,689,317,413.77	10,571,046,072.06	15.98%
BUSINESS AND CONSUMERS BANK (A DB)	13,382,405.13	85,687,284.77	15.62%
BANK OF COMMERCE	2,449,297,065.34	15,776,044,047.26	15.53%
CITYSTATE SAVINGS BANK INC	103,482,596.62	669,710,469.16	15.45%
DUMAGUETE CITY DEV BANK INC	36,126,106.59	237,118,540.08	15.24%
MALASIQUI PROGRESSIVE SLB, INC	7,772,843.25	54,222,334.73	14.34%
CORDILLERA SAVINGS BANK INC	16,205,747.70	114,530,107.35	14.15%
DEVELOPMENT BANK OF THE PHIL	5,863,437,846.65	41,661,819,296.39	14.07%
BPI DIRECT SAVINGS BANK INC	153,634,930.52	1,333,313,254.19	11.52%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	939,826,283.92	8,330,054,784.91	11.28%
PHILIPPINE VETERANS BANK	600,639,100.41	5,639,587,670.72	10.65%
SUN SAVINGS BANK INC	11,050,430.93	106,877,548.80	10.34%
ASIA UNITED BANK CORPORATION	2,084,924,543.46	20,392,480,454.52	10.22%
PHIL NATIONAL BANK	9,301,061,945.00	92,681,211,252.95	10.04%
HIYAS BANKING CORPORATION	16,450,205.95	165,015,624.56	9.97%
LAND BANK OF THE PHILIPPINES	6,945,870,220.09	72,468,514,725.69	9.58%
TOWER DEVELOPMENT BANK	11,153,590.50	118,197,886.79	9.44%
ROBINSONS BANK CORPORATION	558,006,486.11	6,148,932,630.66	9.07%
CITY SAVINGS BANK INC	594,760,597.21	6,554,464,780.82	9.07%
BDO UNIBANK INC	15,797,233,825.99	180,124,872,745.52	8.77%
CHINA BANKING CORP	4,648,856,616.84	53,356,950,652.26	8.71%
HONGKONG & SHANGHAI BANKING CORP	1,049,304,788.02	13,226,608,858.88	7.93%
BANK OF CHINA LIMITED-MANILA BRANCH	189,040,895.91	2,459,070,205.22	7.69%
BANK ONE SAVINGS AND TRUST CORP.	40,153,201.27	560,902,553.27	7.16%
CARD SME BANK INC A THRIFT BANK	32,736,348.30	464,160,148.68	7.05%
CTBC BANK (PHILIPPINES) CORP	440,792,982.95	6,597,930,236.45	6.68%
UNIVERSITY SAVINGS BANK INC	26,222,110.35	403,231,462.48	6.50%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	42,769,596.12	663,135,618.59	6.45%
PACIFIC ACE SAVINGS BANK INC	4,961,502.34	80,393,394.02	6.17%
PHIL STAR DEVELOPMENT BANK INC	4,656,148.72	76,909,453.54	6.05%
BANK OF THE PHIL ISLANDS	8,352,468,626.16	139,896,235,877.90	5.97%
LEMERY SAVINGS & LOAN BANK, INC.	4,348,037.52	74,143,290.88	5.86%
MICROFINANCE MAXIMUM SB INC	2,425,068.76	42,775,838.74	5.67%
PHIL TRUST COMPANY	1,106,060,633.65	24,845,721,383.49	4.45%
CENTURY SAVINGS BANK CORPORATION	36,771,150.94	938,321,162.21	3.92%
PNB SAVINGS BANK	427,188,228.75	11,123,280,436.26	3.84%
RIZAL COMM'L BANKING CORP	2,069,285,395.36	54,528,200,155.40	3.79%
HSBC SAVINGS BANK(PHILS) INC	81,930,694.58	2,176,142,509.96	3.76%
MEGA INT'L COMM'L BANK CO LTD	67,450,000.00	1,868,072,477.39	3.61%
QUEZON COCONUT BANK INC (A THRIFT BANK)	1,839,153.08	58,583,359.29	3.14%
OPTIMUM DEVELOPMENT BANK INC	22,988,260.92	751,388,533.95	3.06%
SECURITY BANK CORP	1,408,759,419.03	50,108,379,684.07	2.81%
BATAAN SAVINGS AND LOAN BANK	1,419,538.00	63,352,894.61	2.24%
MERCHANTS SAVINGS & LOAN ASSN INC	9,252,307.06	413,241,948.67	2.24%
KOREA EXCHANGE BANK	23,550,178.80	1,220,725,219.87	1.93%
METROPOLITAN BANK & TCO	2,551,456,717.49	145,841,362,014.27	1.75%
PROGRESS SAVINGS AND LOAN BANK INC	1,185,998.13	82,916,253.57	1.43%
ANZ BANKING GROUP LTD	23,339,114.85	4,515,688,133.41	0.52%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,092,048.97	363,703,278.76	0.30%
BANGKOK BANK PUBLIC CO LTD	4,714,155.55	3,095,660,443.74	0.15%
JP MORGAN CHASE BANK NATIONAL ASSN.	734,885.22	1,378,790,422.84	0.05%
INTERNATIONALE NEDERLANDEN GROEP BK	91.40	2,496,181,851.31	0.00%
BANK OF AMERICA N.A.	4.00	2,096,061,205.20	0.00%
BDO ELITE SAVINGS BANK INC	0.00	806,678,920.20	0.00%
BDO PRIVATE BANK, INC.	0.00	5,875,974,686.81	0.00%
DEUTSCHE BANK AG	0.00	2,500,772,096.92	0.00%
ISLA BANK(A THRIFT BANK) INC	0.00	658,250,282.30	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	2,873,176,295.13	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	4,579,210,136.29	0.00%
Grand Total	124,667,684,377.93	1,202,021,106,765.15	10.37%

Source: www.bsp.gov.ph

Of the 104 banks in this list, thirty-two banks have a Gross NPL to Stockholders Equity Ratio of 30% or more as of March 31, 2015.  These banks are as follows:

1. Comsavings Bank (496.32% of SE)
2. Opportunity Kauswagan Bank, Inc. (189.74% of SE)
3. Legazpi Savings Bank (139.17% of SE)
4. World Partners Bank (135.17% of SE)
5. Luzon Development Bank (93.68% of SE)
6. BPI Globe Banko Inc (92.25% of SE)
7. Bataan Development Bank (90.23% of SE)
8. Planters Development Bank (85.53% of SE)
9. Malayan Bank Savings and Mortgage Bank (67.88% of SE)
10. Equicom Savings Bank Inc. (63.32% of SE)
11. Northpoint Development Bank (60.52% of SE)
12. Farmers Savings & Loan Bank Inc. (52.93% of SE)
13. United Overseas Bank Philippines (52.24% of SE)
14. MBank Philippines (49.53% of SE)
15. Wealth Development Bank Corporation (47.96% of SE)
16. Enterprise Bank Inc. (46.83% of SE)
17. Philippine Postal Savings Bank (46.56% of SE)
18. The Palawan Bank (46.18% of SE)
19. Security Bank Savings Corporation (44.82% of SE)
20. Pampanga Development Bank (44.28% of SE)
21. Penbank Inc. (43.87% of SE)
22. Sampaguita Savings Bank (41.33% of SE)
23. Sterling Bank of Asia, Inc. (41.18% of SE)
24. Philippine Resources Savings Banking Corporation (40.93%)
25. Standard Chartered Bank (40.65% of SE)
26. 1st Valley Bank Inc (39.98% of SE)
27. Metro Cebu Public Savings Bank (39.45% of SE)
28. East West Banking Corporation (34.66% of SE)
29. Village Bank Inc (32.93% of SE)
30. Maritime Savings Bank Corporation (32.47% of SE)
31. RCBC Savings Bank Inc (30.23% of SE)
32. TongYang Savings Bank Inc (30.23% of SE)

Another indicator of a bank's financial health is the level of DOSRI Loans (Loans made by the bank to related parties such as Directors, Officers, Stockholders, and Related Interests) 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 ratios may be bumping up or exceeding the limits of compliance with DOSRI regulations.

On an overall basis, the DOSRI Loans of Philippine Banks amounted to only 4.04% of their Total Loan Portfolio as of March 31, 2015.  Of the 104 banks, thirty-four banks reported having no DOSRI Loans.  Of the seventy banks with DOSRI Loans, thirty-five banks had DOSRI Loans that made up less than 1% of their Total Loan Portfolios.  However, five banks had DOSRI Loans that comprised more than 15% of their Total Loan Portfolios.  They are as follows:

1. Malasiqui Progressive SLB, Inc. (27.96% of TLP)
2. Development Bank of the Philippines (27.73% of TLP)
3. Queen City Development Bank (21.56% of TLP)
4. Land Bank of the Philippines (18.63% of TLP)
5. Citystate Savings Bank (17.81% of TLP)

Philippine Banking System
DOSRI as % of TLP
March 31, 2015
	DOSRI	TLP	DOSRI/TLP
Bank	(In Php)	(In PHP)	(In %)
MALASIQUI PROGRESSIVE SLB, INC	10,807,000.00	38,657,522.65	27.96%
DEVELOPMENT BANK OF THE PHIL	43,435,847,597.33	156,622,484,819.70	27.73%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	254,971,185.25	1,182,720,402.06	21.56%
LAND BANK OF THE PHILIPPINES	74,166,588,109.53	398,039,182,834.52	18.63%
CITYSTATE SAVINGS BANK INC	338,799,979.46	1,902,011,325.59	17.81%
WORLD PARTNERS BANK (A THRIFT BANK)	41,805,293.09	301,330,133.37	13.87%
PAMPANGA DEVELOPMENT BANK	36,630,936.83	276,683,395.18	13.24%
INTER-ASIA DEVELOPMENT BANK	15,077,368.07	124,323,941.40	12.13%
VILLAGE BANK INC (A THRIFT BANK)	47,579,009.89	397,106,785.82	11.98%
LIFE SAVINGS BANK INC	8,743,547.78	79,455,418.81	11.00%
HIYAS BANKING CORPORATION	21,036,121.96	197,509,113.69	10.65%
DUMAGUETE CITY DEV BANK INC	39,895,738.76	436,195,312.96	9.15%
EAST WEST BANKING CORP	9,498,655,663.27	119,703,838,840.54	7.94%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	128,890,099.47	1,905,331,617.43	6.76%
PHIL NATIONAL BANK	11,558,452,389.85	287,395,764,188.26	4.02%
BDO UNIBANK INC	44,844,827,707.57	1,117,397,711,583.05	4.01%
QUEZON COCONUT BANK INC (A THRIFT BANK)	1,728,664.05	45,336,753.41	3.81%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	1,396,516,877.34	38,480,933,807.05	3.63%
COMSAVINGS BANK	8,015,025.43	223,772,046.88	3.58%
CENTURY SAVINGS BANK CORPORATION	24,594,398.30	771,443,182.97	3.19%
OPTIMUM DEVELOPMENT BANK INC	31,476,622.42	996,464,126.11	3.16%
BANK OF THE PHIL ISLANDS	18,040,089,188.41	607,444,487,840.89	2.97%
ROBINSONS BANK CORPORATION	651,983,771.28	22,610,741,481.61	2.88%
BANK OF AMERICA N.A.	41,239,891.71	1,436,168,638.44	2.87%
MARITIME SAVINGS BANK CORPORATION	3,647,396.16	134,281,535.55	2.72%
PHIL SAVINGS BANK	2,729,490,650.39	105,038,786,802.65	2.60%
PHIL TRUST COMPANY	1,172,000,000.00	47,804,532,325.65	2.45%
CHINA BANKING CORP	5,826,312,341.08	245,772,114,953.84	2.37%
TOWER DEVELOPMENT BANK	6,033,844.11	257,498,152.48	2.34%
RIZAL COMM'L BANKING CORP	4,768,319,823.74	211,121,959,325.89	2.26%
WEALTH DEVELOPMENT BANK CORPORATION	68,500,486.95	3,276,425,751.65	2.09%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	5,976,703.33	295,173,692.90	2.02%
CORDILLERA SAVINGS BANK INC	2,994,041.76	174,651,930.30	1.71%
PHIL POSTAL SAVINGS BANK INC	85,993,888.97	5,976,393,409.37	1.44%
LUZON DEVELOPMENT BANK	36,012,018.49	3,489,550,103.27	1.03%
HONGKONG & SHANGHAI BANKING CORP	437,377,115.69	58,573,285,974.93	0.75%
METROPOLITAN BANK & TCO	3,747,007,098.32	705,662,172,869.04	0.53%
THE PALAWAN BANK (PALAWAN DB) INC	1,263,845.10	239,745,970.44	0.53%
PRODUCERS SAVINGS BANK CORPORATION	29,016,157.82	6,170,903,479.56	0.47%
HSBC SAVINGS BANK(PHILS) INC	58,946,289.60	13,483,798,087.84	0.44%
SECURITY BANK CORP	831,875,588.62	195,674,523,780.33	0.43%
JP MORGAN CHASE BANK NATIONAL ASSN.	41,769,996.37	11,065,665,506.81	0.38%
UNION BANK OF THE PHILS	510,769,293.82	136,216,825,945.84	0.37%
MALAYAN BANK SAVINGS AND MORT BANK INC	14,199,532.50	3,866,651,072.82	0.37%
PLANTERS DEVELOPMENT BANK	112,303,780.88	30,621,568,169.70	0.37%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	55,986,495.77	17,107,556,558.85	0.33%
TONGYANG SAVINGS BANK INC	1,104,812.14	362,169,226.71	0.31%
ENTERPRISE BANK INC (A THRIFT BANK)	3,996,715.38	1,487,293,839.54	0.27%
PHILIPPINE VETERANS BANK	42,073,624.13	18,567,154,178.24	0.23%
UNITED COCONUT PLANTERS BANK	231,390,076.03	104,151,419,018.37	0.22%
ASIA UNITED BANK CORPORATION	89,136,265.19	70,709,018,608.07	0.13%
ANZ BANKING GROUP LTD	31,363,495.16	26,944,467,259.28	0.12%
PHIL STAR DEVELOPMENT BANK INC	48,068.93	45,948,036.48	0.10%
FIRST CONSOLIDATED BANK INC (A PDB)	10,397,263.63	10,026,745,823.01	0.10%
CTBC BANK (PHILIPPINES) CORP	21,515,709.65	20,936,217,244.39	0.10%
CHINA BANK SAVINGS INC	14,745,861.43	15,427,459,802.73	0.10%
PHIL BANK OF COMMUNICATIONS	26,357,816.93	28,009,232,510.50	0.09%
RCBC SAVINGS BANK INC	46,817,197.21	54,742,806,740.15	0.09%
FARMERS SAVINGS & LOAN BANK INC	172,427.96	218,246,591.76	0.08%
CITY SAVINGS BANK INC	27,185,711.71	44,066,917,396.08	0.06%
UCPB SAVINGS BANK	4,866,581.08	11,385,389,378.86	0.04%
STANDARD CHARTERED BANK	17,082,028.63	43,048,450,694.05	0.04%
MAYBANK PHILIPPINES INC	18,500,000.00	49,967,229,769.48	0.04%
BPI FAMILY SAVINGS BANK INC	29,406,412.57	180,142,846,247.36	0.02%
KOREA EXCHANGE BANK	471,987.50	4,054,522,736.71	0.01%
BANK OF COMMERCE	5,222,479.87	45,490,069,359.83	0.01%
LEGAZPI SAVINGS BANK INC	67,665.89	1,125,691,341.90	0.01%
BPI DIRECT SAVINGS BANK INC	314,877.08	8,234,499,901.48	0.00%
UNITED OVERSEAS BANK PHILIPPINES	16,111.79	2,113,372,662.44	0.00%
ISLA BANK(A THRIFT BANK) INC	2,986.59	933,973,770.11	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	5,081,670,784.26	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	171,265,512.30	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	6,391,464,497.63	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	8,496,905,686.58	0.00%
BANK ONE SAVINGS AND TRUST CORP.	0.00	566,504,854.76	0.00%
BATAAN DEVELOPMENT BANK	0.00	166,832,865.47	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	36,838,632.90	0.00%
BDO PRIVATE BANK, INC.	0.00	12,821,453,516.80	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	445,518,464.14	0.00%
BUSINESS AND CONSUMERS BANK (A DB)	0.00	146,781,773.33	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	1,287,919,706.41	0.00%
CITIBANK, N.A.	0.00	110,350,180,260.20	0.00%
DEUTSCHE BANK AG	0.00	25,287,305,825.34	0.00%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC	0.00	116,962,490.84	0.00%
EQUICOM SAVINGS BANK INC	0.00	4,116,899,844.66	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	20,996,550,689.79	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	61,534,905.66	0.00%
MBANK PHILIPPINES (A THRIFT BANK) INC	0.00	79,402,461.19	0.00%
MEGA INT'L COMM'L BANK CO LTD	0.00	10,266,233,538.32	0.00%
MERCHANTS SAVINGS & LOAN ASSN INC	0.00	220,258,735.79	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	67,616,354.39	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	15,892,801.34	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	24,449,409,187.55	0.00%
NORTHPOINT DEV'T BANK INC	0.00	220,760,327.48	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	14,881,238.12	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS	0.00	9,016,130,295.69	0.00%
PNB SAVINGS BANK	0.00	10,187,851,850.83	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	1,371,153.99	0.00%
SAMPAGUITA SAVINGS BANK INC	0.00	43,311,178.84	0.00%
SECURITY BANK SAVINGS CORPORATION	0.00	514,849,001.10	0.00%
SUN SAVINGS BANK INC	0.00	320,972,188.01	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	38,264,080,828.77	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	450,284,877.33	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	225,812,304,753.00	5,592,900,758,979.44	4.04%

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.  Generally speaking, the DOSRI Loans of Philippine Banks amounted to 18.79% of Stockholders Equity as of March 31, 2015.

Three banks have DOSRI Loans that exceed 80% of their capital.  These are as follows:

1. Development Bank of the Philippines (104.26% of SE)
2. Land Bank of the Philippines (102.34% of SE)

Philippine Banking System
DOSRI as % of Stockholders Equity
March 31, 2015
	DOSRI	SE	DOSRI/SE
Bank	(In Php)	(In PHP)	(In %)
DEVELOPMENT BANK OF THE PHIL	43,435,847,597.33	41,661,819,296.39	104.26%
LAND BANK OF THE PHILIPPINES	74,166,588,109.53	72,468,514,725.69	102.34%
VILLAGE BANK INC (A THRIFT BANK)	47,579,009.89	73,972,492.58	64.32%
WORLD PARTNERS BANK (A THRIFT BANK)	41,805,293.09	82,368,161.87	50.75%
CITYSTATE SAVINGS BANK INC	338,799,979.46	669,710,469.16	50.59%
EAST WEST BANKING CORP	9,498,655,663.27	21,215,170,074.44	44.77%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	128,890,099.47	299,770,523.32	43.00%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	254,971,185.25	663,135,618.59	38.45%
PAMPANGA DEVELOPMENT BANK	36,630,936.83	125,866,612.25	29.10%
INTER-ASIA DEVELOPMENT BANK	15,077,368.07	53,743,654.92	28.05%
BDO UNIBANK INC	44,844,827,707.57	180,124,872,745.52	24.90%
COMSAVINGS BANK	8,015,025.43	38,533,481.47	20.80%
MALASIQUI PROGRESSIVE SLB, INC	10,807,000.00	54,222,334.73	19.93%
DUMAGUETE CITY DEV BANK INC	39,895,738.76	237,118,540.08	16.83%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	1,396,516,877.34	8,330,054,784.91	16.76%
WEALTH DEVELOPMENT BANK CORPORATION	68,500,486.95	419,331,125.73	16.34%
PHIL SAVINGS BANK	2,729,490,650.39	16,832,958,884.31	16.22%
LIFE SAVINGS BANK INC	8,743,547.78	61,786,467.30	14.15%
BANK OF THE PHIL ISLANDS	18,040,089,188.41	139,896,235,877.90	12.90%
HIYAS BANKING CORPORATION	21,036,121.96	165,015,624.56	12.75%
PHIL NATIONAL BANK	11,558,452,389.85	92,681,211,252.95	12.47%
CHINA BANKING CORP	5,826,312,341.08	53,356,950,652.26	10.92%
ROBINSONS BANK CORPORATION	651,983,771.28	6,148,932,630.66	10.60%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	5,976,703.33	63,778,558.90	9.37%
RIZAL COMM'L BANKING CORP	4,768,319,823.74	54,528,200,155.40	8.74%
PHIL POSTAL SAVINGS BANK INC	85,993,888.97	1,001,228,941.63	8.59%
LUZON DEVELOPMENT BANK	36,012,018.49	533,108,615.37	6.76%
MARITIME SAVINGS BANK CORPORATION	3,647,396.16	65,172,179.44	5.60%
TOWER DEVELOPMENT BANK	6,033,844.11	118,197,886.79	5.10%
PHIL TRUST COMPANY	1,172,000,000.00	24,845,721,383.49	4.72%
OPTIMUM DEVELOPMENT BANK INC	31,476,622.42	751,388,533.95	4.19%
THE PALAWAN BANK (PALAWAN DB) INC	1,263,845.10	32,902,950.23	3.84%
HONGKONG & SHANGHAI BANKING CORP	437,377,115.69	13,226,608,858.88	3.31%
JP MORGAN CHASE BANK NATIONAL ASSN.	41,769,996.37	1,378,790,422.84	3.03%
PLANTERS DEVELOPMENT BANK	112,303,780.88	3,729,311,188.88	3.01%
QUEZON COCONUT BANK INC (A THRIFT BANK)	1,728,664.05	58,583,359.29	2.95%
HSBC SAVINGS BANK(PHILS) INC	58,946,289.60	2,176,142,509.96	2.71%
CENTURY SAVINGS BANK CORPORATION	24,594,398.30	938,321,162.21	2.62%
CORDILLERA SAVINGS BANK INC	2,994,041.76	114,530,107.35	2.61%
METROPOLITAN BANK & TCO	3,747,007,098.32	145,841,362,014.27	2.57%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	55,986,495.77	2,289,196,608.47	2.45%
PRODUCERS SAVINGS BANK CORPORATION	29,016,157.82	1,343,324,173.35	2.16%
BANK OF AMERICA N.A.	41,239,891.71	2,096,061,205.20	1.97%
ENTERPRISE BANK INC (A THRIFT BANK)	3,996,715.38	240,299,900.37	1.66%
SECURITY BANK CORP	831,875,588.62	50,108,379,684.07	1.66%
MALAYAN BANK SAVINGS AND MORT BANK INC	14,199,532.50	981,257,387.22	1.45%
UNITED COCONUT PLANTERS BANK	231,390,076.03	19,493,624,037.54	1.19%
UNION BANK OF THE PHILS	510,769,293.82	52,694,139,745.70	0.97%
PHILIPPINE VETERANS BANK	42,073,624.13	5,639,587,670.72	0.75%
ANZ BANKING GROUP LTD	31,363,495.16	4,515,688,133.41	0.69%
CHINA BANK SAVINGS INC	14,745,861.43	2,622,224,892.31	0.56%
RCBC SAVINGS BANK INC	46,817,197.21	8,363,165,332.13	0.56%
ASIA UNITED BANK CORPORATION	89,136,265.19	20,392,480,454.52	0.44%
CITY SAVINGS BANK INC	27,185,711.71	6,554,464,780.82	0.41%
FIRST CONSOLIDATED BANK INC (A PDB)	10,397,263.63	2,990,242,435.53	0.35%
PHIL BANK OF COMMUNICATIONS	26,357,816.93	8,014,764,595.11	0.33%
CTBC BANK (PHILIPPINES) CORP	21,515,709.65	6,597,930,236.45	0.33%
TONGYANG SAVINGS BANK INC	1,104,812.14	379,798,977.17	0.29%
STANDARD CHARTERED BANK	17,082,028.63	6,210,664,540.23	0.28%
UCPB SAVINGS BANK	4,866,581.08	2,100,397,897.70	0.23%
MAYBANK PHILIPPINES INC	18,500,000.00	10,571,046,072.06	0.18%
FARMERS SAVINGS & LOAN BANK INC	172,427.96	109,971,561.50	0.16%
BPI FAMILY SAVINGS BANK INC	29,406,412.57	22,825,999,302.20	0.13%
PHIL STAR DEVELOPMENT BANK INC	48,068.93	76,909,453.54	0.06%
KOREA EXCHANGE BANK	471,987.50	1,220,725,219.87	0.04%
BANK OF COMMERCE	5,222,479.87	15,776,044,047.26	0.03%
BPI DIRECT SAVINGS BANK INC	314,877.08	1,333,313,254.19	0.02%
LEGAZPI SAVINGS BANK INC	67,665.89	293,055,776.54	0.02%
UNITED OVERSEAS BANK PHILIPPINES	16,111.79	1,273,737,551.61	0.00%
ISLA BANK(A THRIFT BANK) INC	2,986.59	658,250,282.30	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	1,275,621,264.65	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	363,703,278.76	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	3,095,660,443.74	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	2,459,070,205.22	0.00%
BANK ONE SAVINGS AND TRUST CORP.	0.00	560,902,553.27	0.00%
BATAAN DEVELOPMENT BANK	0.00	71,577,676.61	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	63,352,894.61	0.00%
BDO ELITE SAVINGS BANK INC	0.00	806,678,920.20	0.00%
BDO PRIVATE BANK, INC.	0.00	5,875,974,686.81	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	304,094,825.33	0.00%
BUSINESS AND CONSUMERS BANK (A DB)	0.00	85,687,284.77	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	464,160,148.68	0.00%
CITIBANK, N.A.	0.00	12,991,673,871.97	0.00%
DEUTSCHE BANK AG	0.00	2,500,772,096.92	0.00%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC	0.00	93,838,745.83	0.00%
EQUICOM SAVINGS BANK INC	0.00	677,023,616.17	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	2,496,181,851.31	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	74,143,290.88	0.00%
MBANK PHILIPPINES (A THRIFT BANK) INC	0.00	74,305,893.14	0.00%
MEGA INT'L COMM'L BANK CO LTD	0.00	1,868,072,477.39	0.00%
MERCHANTS SAVINGS & LOAN ASSN INC	0.00	413,241,948.67	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	59,130,187.54	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	42,775,838.74	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	2,873,176,295.13	0.00%
NORTHPOINT DEV'T BANK INC	0.00	199,063,075.93	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	80,393,394.02	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS	0.00	1,825,335,912.56	0.00%
PNB SAVINGS BANK	0.00	11,123,280,436.26	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	82,916,253.57	0.00%
SAMPAGUITA SAVINGS BANK INC	0.00	55,554,461.00	0.00%
SECURITY BANK SAVINGS CORPORATION	0.00	1,143,033,718.34	0.00%
SUN SAVINGS BANK INC	0.00	106,877,548.80	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	4,579,210,136.29	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	403,231,462.48	0.00%
Grand Total	225,812,304,753.00	1,202,021,106,765.15	18.79%

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:

1. Written off as soon as possible;
2. Refinanced or Restructured to become current (this requires Board of Directors Approval); or are
3. Technically reclassified as a general NPL (like if a loan to a former bank officer falls past due). 

As a result, Philippine Banks reported that Php 408.114 million, or 0.18% of its DOSRI Loans fell past due as of March 31, 2015.  Of the seventy banks with DOSRI Loans, fifty-seven banks had zero past due DOSRI Loans.  Only one bank had past due DOSRI Loans exceeding 30% of their Total DOSRI Loan Portfolio as of March 31, 2015: Legazpi Savings Bank Inc with 70.44% of its DOSRI Loans past due.

Philippine Banking System
DOSRI Past Due as % of DOSRI
March 31, 2015
	DOSRI Past Due	DOSRI	DOSRI Past Due/DOSRI
Bank	(In PHP)	(In PHP)	(In %)
LEGAZPI SAVINGS BANK INC	47,665.89	67,665.89	70.44%
PHIL SAVINGS BANK	395,877,638.29	2,729,490,650.39	14.50%
UNITED COCONUT PLANTERS BANK	2,794,020.10	231,390,076.03	1.21%
CHINA BANK SAVINGS INC	65,447.15	14,745,861.43	0.44%
PHIL BANK OF COMMUNICATIONS	111,209.91	26,357,816.93	0.42%
UNITED OVERSEAS BANK PHILIPPINES	36.00	16,111.79	0.22%
EAST WEST BANKING CORP	3,123,652.05	9,498,655,663.27	0.03%
BANK OF THE PHIL ISLANDS	4,311,776.98	18,040,089,188.41	0.02%
RIZAL COMM'L BANKING CORP	993,729.34	4,768,319,823.74	0.02%
CTBC BANK (PHILIPPINES) CORP	1,258.63	21,515,709.65	0.01%
BDO UNIBANK INC	696,183.13	44,844,827,707.57	0.00%
UCPB SAVINGS BANK	8.00	4,866,581.08	0.00%
LAND BANK OF THE PHILIPPINES	91,087.88	74,166,588,109.53	0.00%
ANZ BANKING GROUP LTD	0.00	31,363,495.16	0.00%
ASIA UNITED BANK CORPORATION	0.00	89,136,265.19	0.00%
BANK OF AMERICA N.A.	0.00	41,239,891.71	0.00%
BANK OF COMMERCE	0.00	5,222,479.87	0.00%
BPI DIRECT SAVINGS BANK INC	0.00	314,877.08	0.00%
BPI FAMILY SAVINGS BANK INC	0.00	29,406,412.57	0.00%
CENTURY SAVINGS BANK CORPORATION	0.00	24,594,398.30	0.00%
CHINA BANKING CORP	0.00	5,826,312,341.08	0.00%
CITY SAVINGS BANK INC	0.00	27,185,711.71	0.00%
CITYSTATE SAVINGS BANK INC	0.00	338,799,979.46	0.00%
COMSAVINGS BANK	0.00	8,015,025.43	0.00%
CORDILLERA SAVINGS BANK INC	0.00	2,994,041.76	0.00%
DEVELOPMENT BANK OF THE PHIL	0.00	43,435,847,597.33	0.00%
DUMAGUETE CITY DEV BANK INC	0.00	39,895,738.76	0.00%
ENTERPRISE BANK INC (A THRIFT BANK)	0.00	3,996,715.38	0.00%
FARMERS SAVINGS & LOAN BANK INC	0.00	172,427.96	0.00%
FIRST CONSOLIDATED BANK INC (A PDB)	0.00	10,397,263.63	0.00%
HIYAS BANKING CORPORATION	0.00	21,036,121.96	0.00%
HONGKONG & SHANGHAI BANKING CORP	0.00	437,377,115.69	0.00%
HSBC SAVINGS BANK(PHILS) INC	0.00	58,946,289.60	0.00%
INTER-ASIA DEVELOPMENT BANK	0.00	15,077,368.07	0.00%
ISLA BANK(A THRIFT BANK) INC	0.00	2,986.59	0.00%
JP MORGAN CHASE BANK NATIONAL ASSN.	0.00	41,769,996.37	0.00%
KOREA EXCHANGE BANK	0.00	471,987.50	0.00%
LIFE SAVINGS BANK INC	0.00	8,743,547.78	0.00%
LUZON DEVELOPMENT BANK	0.00	36,012,018.49	0.00%
MALASIQUI PROGRESSIVE SLB, INC	0.00	10,807,000.00	0.00%
MALAYAN BANK SAVINGS AND MORT BANK INC	0.00	14,199,532.50	0.00%
MARITIME SAVINGS BANK CORPORATION	0.00	3,647,396.16	0.00%
MAYBANK PHILIPPINES INC	0.00	18,500,000.00	0.00%
METROPOLITAN BANK & TCO	0.00	3,747,007,098.32	0.00%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	0.00	5,976,703.33	0.00%
OPTIMUM DEVELOPMENT BANK INC	0.00	31,476,622.42	0.00%
PAMPANGA DEVELOPMENT BANK	0.00	36,630,936.83	0.00%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	0.00	128,890,099.47	0.00%
PHIL NATIONAL BANK	0.00	11,558,452,389.85	0.00%
PHIL POSTAL SAVINGS BANK INC	0.00	85,993,888.97	0.00%
PHIL STAR DEVELOPMENT BANK INC	0.00	48,068.93	0.00%
PHIL TRUST COMPANY	0.00	1,172,000,000.00	0.00%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	0.00	1,396,516,877.34	0.00%
PHILIPPINE VETERANS BANK	0.00	42,073,624.13	0.00%
PLANTERS DEVELOPMENT BANK	0.00	112,303,780.88	0.00%
PRODUCERS SAVINGS BANK CORPORATION	0.00	29,016,157.82	0.00%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	0.00	254,971,185.25	0.00%
QUEZON COCONUT BANK INC (A THRIFT BANK)	0.00	1,728,664.05	0.00%
RCBC SAVINGS BANK INC	0.00	46,817,197.21	0.00%
ROBINSONS BANK CORPORATION	0.00	651,983,771.28	0.00%
SECURITY BANK CORP	0.00	831,875,588.62	0.00%
STANDARD CHARTERED BANK	0.00	17,082,028.63	0.00%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	0.00	55,986,495.77	0.00%
THE PALAWAN BANK (PALAWAN DB) INC	0.00	1,263,845.10	0.00%
TONGYANG SAVINGS BANK INC	0.00	1,104,812.14	0.00%
TOWER DEVELOPMENT BANK	0.00	6,033,844.11	0.00%
UNION BANK OF THE PHILS	0.00	510,769,293.82	0.00%
VILLAGE BANK INC (A THRIFT BANK)	0.00	47,579,009.89	0.00%
WEALTH DEVELOPMENT BANK CORPORATION	0.00	68,500,486.95	0.00%
WORLD PARTNERS BANK (A THRIFT BANK)	0.00	41,805,293.09	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	0.00	NA
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	0.00	NA
BANGKOK BANK PUBLIC CO LTD	0.00	0.00	NA
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	0.00	NA
BANK ONE SAVINGS AND TRUST CORP.	0.00	0.00	NA
BATAAN DEVELOPMENT BANK	0.00	0.00	NA
BATAAN SAVINGS AND LOAN BANK	0.00	0.00	NA
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
BDO PRIVATE BANK, INC.	0.00	0.00	NA
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	0.00	NA
BUSINESS AND CONSUMERS BANK (A DB)	0.00	0.00	NA
CARD SME BANK INC A THRIFT BANK	0.00	0.00	NA
CITIBANK, N.A.	0.00	0.00	NA
DEUTSCHE BANK AG	0.00	0.00	NA
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC	0.00	0.00	NA
EQUICOM SAVINGS BANK INC	0.00	0.00	NA
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	0.00	NA
LEMERY SAVINGS & LOAN BANK, INC.	0.00	0.00	NA
MBANK PHILIPPINES (A THRIFT BANK) INC	0.00	0.00	NA
MEGA INT'L COMM'L BANK CO LTD	0.00	0.00	NA
MERCHANTS SAVINGS & LOAN ASSN INC	0.00	0.00	NA
METRO CEBU PUBLIC SAVINGS BANK	0.00	0.00	NA
MICROFINANCE MAXIMUM SB INC	0.00	0.00	NA
MIZUHO BANK LTD - MANILA BRANCH	0.00	0.00	NA
NORTHPOINT DEV'T BANK INC	0.00	0.00	NA
PACIFIC ACE SAVINGS BANK INC	0.00	0.00	NA
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS	0.00	0.00	NA
PNB SAVINGS BANK	0.00	0.00	NA
PROGRESS SAVINGS AND LOAN BANK INC	0.00	0.00	NA
SAMPAGUITA SAVINGS BANK INC	0.00	0.00	NA
SECURITY BANK SAVINGS CORPORATION	0.00	0.00	NA
SUN SAVINGS BANK INC	0.00	0.00	NA
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	0.00	NA
UNIVERSITY SAVINGS BANK INC	0.00	0.00	NA
Grand Total	408,113,713.35	225,812,304,753.00	0.18%

Source: www.bsp.gov.ph