Comsavings Bank Ranks First in Non-Performing Loans as % of Capital Funds as of June 30, 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 June 30, 2015. See a previous blog post:  Philippine Banks Improve in the 2nd of 2015 or "The Top Distressed Philippine Banks as of June 30, 2015"

This blog post updates previous blog posts such as Almost 100% of Security Bank Savings Corporation's Total Loan Portfolio Are NPLs as of March 31, 2015


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 124.026 billion as of June 30, 2015 - approximately 2.16% of the Philippine Banking Industry's Total Loan Portfolio of Php 5.749 trillion.

Philippine Banking System
NPL as % of TLP
June 30, 2015
	Gross NPLs	Gross TLP	Gross NPL/ Gross TLP
Bank	(In Php)	(In Php)	(In %)
PROGRESS SAVINGS AND LOAN BANK INC	1,173,321.24	1,330,641.81	88.18%
COMSAVINGS BANK	191,248,203.56	225,133,166.17	84.95%
METRO CEBU PUBLIC SAVINGS BANK	36,277,745.75	73,468,651.53	49.38%
MBANK PHILIPPINES INC	39,073,209.15	79,695,808.29	49.03%
SAMPAGUITA SAVINGS BANK INC	19,593,200.13	40,260,599.78	48.67%
BPI GLOBE BANKO INC A SAVINGS BANK	303,033,785.12	637,260,234.42	47.55%
PHIL STAR DEVELOPMENT BANK INC	21,842,920.67	46,880,851.73	46.59%
LEGAZPI SAVINGS BANK INC	434,713,024.80	1,107,900,069.35	39.24%
BATAAN DEVELOPMENT BANK	57,986,706.97	153,732,029.14	37.72%
NORTHPOINT DEV'T BANK INC	74,994,342.73	232,741,577.80	32.22%
OPPORTUNITY KAUSWAGAN BANK INC	73,180,619.07	235,016,425.75	31.14%
TONGYANG SAVINGS BANK INC	108,006,887.41	355,743,209.48	30.36%
WORLD PARTNERS BANK	89,604,093.13	300,152,163.19	29.85%
FARMERS SAVINGS & LOAN BANK INC	57,441,854.50	204,951,099.04	28.03%
DUNGGANON BANK INC	29,498,300.43	124,472,726.47	23.70%
UNITED OVERSEAS BANK PHILIPPINES	171,836,043.28	741,165,193.61	23.18%
PACIFIC ACE SAVINGS BANK INC	3,458,594.64	16,622,970.29	20.81%
MALASIQUI PROGRESSIVE SLB, INC	7,410,279.25	38,286,408.26	19.35%
PAMPANGA DEVELOPMENT BANK	52,701,336.06	274,638,743.91	19.19%
MARITIME SAVINGS BANK CORPORATION	24,336,715.99	129,783,515.12	18.75%
LIFE SAVINGS BANK INC	12,879,682.98	74,076,170.91	17.39%
MALAYAN BANK SAVINGS AND MORT BANK INC	666,754,530.61	3,966,346,693.31	16.81%
BANK OF MAKATI INC	2,818,397,854.23	18,375,016,360.22	15.34%
LUZON DEVELOPMENT BANK	507,609,992.92	3,424,799,734.82	14.82%
PHILIPPINE VETERANS BANK	1,610,731,794.85	11,865,651,459.73	13.57%
MICROFINANCE MAXIMUM SB INC	2,552,934.15	19,018,561.20	13.42%
EQUICOM SAVINGS BANK INC	472,651,774.12	3,878,666,138.21	12.19%
BUSINESS AND CONSUMERS BANK	14,017,010.15	137,732,773.87	10.18%
1ST VALLEY BANK INC A DEVELOPMENT BANK	514,075,882.16	5,184,951,660.70	9.91%
ENTERPRISE BANK INC	137,191,643.05	1,450,787,923.60	9.46%
PHIL POSTAL SAVINGS BANK INC	544,029,479.50	5,916,555,754.38	9.20%
PLANTERS DEVELOPMENT BANK	2,866,123,172.95	32,099,491,345.56	8.93%
CORDILLERA SAVINGS BANK INC	14,627,746.41	177,568,025.88	8.24%
LEMERY SAVINGS & LOAN BANK, INC.	5,487,710.87	66,797,083.88	8.22%
CENTURY SAVINGS BANK CORPORATION	40,593,678.08	528,980,043.67	7.67%
UNION BANK OF THE PHILS	9,798,205,751.44	129,445,727,049.78	7.57%
PENBANK INC	139,443,525.53	1,926,449,944.50	7.24%
DUMAGUETE CITY DEV BANK INC	32,759,929.63	457,722,934.81	7.16%
PHIL BANK OF COMMUNICATIONS	1,891,849,658.47	28,085,550,113.15	6.74%
CHINA BANK SAVINGS INC	1,122,705,244.22	16,768,028,846.25	6.70%
THE PALAWAN BANK INC	15,987,772.37	240,247,340.51	6.65%
FIRST CONSOLIDATED BANK INC	621,355,629.59	9,560,548,392.81	6.50%
CITYSTATE SAVINGS BANK INC	112,842,411.58	1,778,891,839.55	6.34%
VILLAGE BANK INC	22,730,914.51	363,451,449.19	6.25%
INTER-ASIA DEVELOPMENT BANK	7,914,470.56	132,492,966.74	5.97%
UNIVERSITY SAVINGS BANK INC	25,738,333.50	439,161,511.53	5.86%
STERLING BANK OF ASIA INC	966,643,725.69	16,597,389,569.69	5.82%
HIYAS BANKING CORPORATION	11,269,981.71	194,747,218.56	5.79%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION	513,198,327.06	9,324,620,137.85	5.50%
UNITED COCONUT PLANTERS BANK	6,216,188,128.78	113,088,118,586.71	5.50%
STANDARD CHARTERED BANK	2,493,311,908.62	46,056,669,039.25	5.41%
UCPB SAVINGS BANK	516,146,099.25	10,518,347,861.80	4.91%
RCBC SAVINGS BANK INC	2,783,963,439.87	57,109,527,576.82	4.87%
BATAAN SAVINGS AND LOAN BANK	1,505,600.05	31,818,704.72	4.73%
BANK ONE SAVINGS AND TRUST CORP.	25,295,100.90	544,928,388.02	4.64%
BANK OF COMMERCE	1,943,428,393.34	42,552,995,892.81	4.57%
EAST WEST BANKING CORP	5,675,977,313.83	129,588,612,322.83	4.38%
WEALTH DEVELOPMENT BANK CORPORATION	151,263,604.62	3,547,210,828.18	4.26%
PHIL SAVINGS BANK	4,372,148,005.47	107,719,912,075.70	4.06%
PNB SAVINGS BANK	462,335,523.76	11,465,381,332.49	4.03%
PHIL TRUST COMPANY	1,092,003,102.85	27,507,666,679.23	3.97%
OPTIMUM DEVELOPMENT BANK INC	38,142,223.56	962,153,627.31	3.96%
TOWER DEVELOPMENT BANK	9,924,927.53	252,874,417.97	3.92%
DEVELOPMENT BANK OF THE PHIL	5,759,578,869.42	154,916,023,936.35	3.72%
QUEZON COCONUT BANK INC	1,555,545.32	42,888,376.33	3.63%
MAYBANK PHILIPPINES INC	1,848,823,142.88	52,926,071,294.57	3.49%
QUEEN CITY DEVELOPMENT BANK INC	39,629,087.22	1,199,201,893.26	3.30%
SUN SAVINGS BANK INC	10,273,588.19	316,713,070.08	3.24%
ROBINSONS BANK CORPORATION	648,281,449.20	22,197,103,859.04	2.92%
PHIL NATIONAL BANK	9,067,066,902.31	315,575,860,516.97	2.87%
BPI DIRECT SAVINGS BANK INC	184,823,670.37	6,871,956,810.29	2.69%
PHILIPPINE BUSINESS BANK INC	994,057,951.15	37,918,300,286.71	2.62%
BPI FAMILY SAVINGS BANK INC	5,226,490,529.12	201,072,713,365.91	2.60%
MERCHANTS SAVINGS & LOAN ASSN INC	6,962,105.76	279,225,443.47	2.49%
CARD SME BANK INC A THRIFT BANK	34,383,674.39	1,435,373,865.91	2.40%
BANK OF CHINA LIMITED-MANILA BRANCH	189,040,895.91	8,265,938,094.51	2.29%
ASIA UNITED BANK CORPORATION	1,696,605,696.49	77,849,859,185.20	2.18%
CHINA BANKING CORP	4,921,349,996.05	245,975,639,380.46	2.00%
CITY SAVINGS BANK INC	872,211,070.89	46,223,491,295.49	1.89%
PRODUCERS SAVINGS BANK CORPORATION	106,929,506.68	5,960,783,771.61	1.79%
CTBC BANK (PHILIPPINES) CORP	365,040,429.64	21,246,030,874.51	1.72%
LAND BANK OF THE PHILIPPINES	7,001,091,253.62	413,983,489,802.35	1.69%
BANK OF THE PHIL ISLANDS	8,502,678,861.67	626,009,042,494.37	1.36%
HONGKONG & SHANGHAI BANKING CORP	1,007,193,050.23	74,927,270,879.49	1.34%
BDO UNIBANK INC	15,535,855,128.06	1,232,771,882,047.94	1.26%
RIZAL COMM'L BANKING CORP	2,143,107,451.90	215,292,649,673.61	1.00%
HSBC SAVINGS BANK(PHILS) INC	58,688,758.57	6,685,241,999.09	0.88%
MEGA INT'L COMM'L BANK CO LTD	66,450,000.00	9,869,125,473.32	0.67%
SECURITY BANK CORP	1,362,633,210.54	205,544,942,250.30	0.66%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,092,048.97	171,493,521.78	0.64%
KOREA EXCHANGE BANK	23,550,181.36	3,713,747,169.42	0.63%
CITIBANK, N.A.	674,220,900.00	120,063,458,762.79	0.56%
METROPOLITAN BANK & TCO	2,557,929,137.05	639,524,974,192.06	0.40%
ANZ BANKING GROUP LTD	23,339,114.85	24,172,785,004.81	0.10%
BANGKOK BANK PUBLIC CO LTD	4,662,165.64	7,077,234,711.27	0.07%
JP MORGAN CHASE BANK NATIONAL ASSN.	734,885.22	11,392,709,856.41	0.01%
INTERNATIONALE NEDERLANDEN GROEP BK	92.18	23,556,660,736.79	0.00%
BANK OF AMERICA N.A.	4.00	2,140,660,079.54	0.00%
BDO PRIVATE BANK, INC.	0.00	5,615,093,720.27	0.00%
DEUTSCHE BANK AG	0.00	7,372,285,453.36	0.00%
ISLA BANK(A THRIFT BANK) INC	0.00	163,038,376.50	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	23,196,177,266.04	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	36,849,180,580.88	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	124,025,745,474.05	5,748,813,241,836.90	2.16%

Source: www.bsp.gov.ph



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

1. Progress Savings and Loan Bank Inc. (88.18% of TLP)
2. Comsavings Bank (84.95% of TLP)
3. Metro Cebu Public Savings Bank (49.38% of TLP)
4. MBank Philippines (49.03% of TLP)
5. Sampaguita Savings Bank Inc. (48.67% of TLP)
6. BPI Globe Banko Inc. (47.55% of TLP)
7. Philippine Star Development Bank (46.59% of TLP)
8. Legazpi Savings Bank Inc (39.24% of TLP)
9. Bataan Development Bank (37.72% of TLP)
10. Northpoint Development Bank (32.22% of TLP)
11. Opportunity Kauswagan Bank (31.14% of TLP)
12. TongYang Savings Bank (30.36% of TLP)

Of these banks, five banks are:

1. Comsavings Bank (formerly GSIS Family Bank)
2. BPI Globe Banko Inc.
3. Legazpi Savings Bank Inc
4. Bataan Development Bank
5. Opportunity Kauswagan 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 off as a loss.

On an overall basis, the Gross NPLs of Philippine Banks amounted to 9.76% of Stockholders Equity as of June 30, 2015.

Philippine Banking System
NPL as % of SE
June 30, 2015
	NPL	SE	NPL/SE
Bank	(In PHP)	(In PHP)	(In %)
COMSAVINGS BANK	191,248,203.56	17,594,272.04	1086.99%
LEGAZPI SAVINGS BANK INC	434,713,024.80	275,271,124.24	157.92%
BPI GLOBE BANKO INC A SAVINGS BANK	303,033,785.12	259,014,856.89	116.99%
OPPORTUNITY KAUSWAGAN BANK INC	73,180,619.07	75,132,544.94	97.40%
LUZON DEVELOPMENT BANK	507,609,992.92	558,736,010.47	90.85%
EQUICOM SAVINGS BANK INC	472,651,774.12	581,237,288.93	81.32%
PLANTERS DEVELOPMENT BANK	2,866,123,172.95	3,534,513,968.74	81.09%
WORLD PARTNERS BANK	89,604,093.13	114,691,064.13	78.13%
BATAAN DEVELOPMENT BANK	57,986,706.97	77,468,452.70	74.85%
MALAYAN BANK SAVINGS AND MORT BANK INC	666,754,530.61	981,260,887.11	67.95%
MBANK PHILIPPINES INC	39,073,209.15	57,708,925.66	67.71%
METRO CEBU PUBLIC SAVINGS BANK	36,277,745.75	56,988,412.29	63.66%
ENTERPRISE BANK INC	137,191,643.05	241,465,210.74	56.82%
FARMERS SAVINGS & LOAN BANK INC	57,441,854.50	108,608,004.16	52.89%
PHIL POSTAL SAVINGS BANK INC	544,029,479.50	1,029,990,607.85	52.82%
THE PALAWAN BANK INC	15,987,772.37	32,327,364.80	49.46%
BANK OF MAKATI INC	2,818,397,854.23	5,953,540,538.75	47.34%
STERLING BANK OF ASIA INC	966,643,725.69	2,163,698,711.07	44.68%
CHINA BANK SAVINGS INC	1,122,705,244.22	2,538,466,966.35	44.23%
PENBANK INC	139,443,525.53	320,242,577.61	43.54%
PAMPANGA DEVELOPMENT BANK	52,701,336.06	126,848,673.58	41.55%
1ST VALLEY BANK INC A DEVELOPMENT BANK	514,075,882.16	1,274,144,364.82	40.35%
STANDARD CHARTERED BANK	2,493,311,908.62	6,365,388,735.62	39.17%
NORTHPOINT DEV'T BANK INC	74,994,342.73	193,033,062.97	38.85%
MARITIME SAVINGS BANK CORPORATION	24,336,715.99	64,181,062.27	37.92%
WEALTH DEVELOPMENT BANK CORPORATION	151,263,604.62	412,087,784.99	36.71%
SAMPAGUITA SAVINGS BANK INC	19,593,200.13	55,755,849.94	35.14%
RCBC SAVINGS BANK INC	2,783,963,439.87	8,539,921,524.51	32.60%
DUNGGANON BANK INC	29,498,300.43	94,797,067.56	31.12%
UNITED COCONUT PLANTERS BANK	6,216,188,128.78	20,164,093,497.57	30.83%
PHILIPPINE VETERANS BANK	1,610,731,794.85	5,311,190,510.28	30.33%
VILLAGE BANK INC	22,730,914.51	75,784,711.08	29.99%
TONGYANG SAVINGS BANK INC	108,006,887.41	372,074,510.49	29.03%
PHIL STAR DEVELOPMENT BANK INC	21,842,920.67	76,739,387.74	28.46%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION	513,198,327.06	1,896,127,600.21	27.07%
PHIL SAVINGS BANK	4,372,148,005.47	17,384,488,208.08	25.15%
PHIL BANK OF COMMUNICATIONS	1,891,849,658.47	7,810,598,126.54	24.22%
UCPB SAVINGS BANK	516,146,099.25	2,155,160,764.68	23.95%
BPI FAMILY SAVINGS BANK INC	5,226,490,529.12	23,859,822,808.45	21.90%
LIFE SAVINGS BANK INC	12,879,682.98	61,497,646.63	20.94%
FIRST CONSOLIDATED BANK INC	621,355,629.59	3,033,307,180.24	20.48%
EAST WEST BANKING CORP	5,675,977,313.83	29,439,693,241.66	19.28%
UNION BANK OF THE PHILS	9,798,205,751.44	51,955,576,711.05	18.86%
CITYSTATE SAVINGS BANK INC	112,842,411.58	645,466,476.78	17.48%
MAYBANK PHILIPPINES INC	1,848,823,142.88	11,281,821,360.53	16.39%
BUSINESS AND CONSUMERS BANK	14,017,010.15	88,318,240.12	15.87%
UNITED OVERSEAS BANK PHILIPPINES	171,836,043.28	1,131,426,122.14	15.19%
DUMAGUETE CITY DEV BANK INC	32,759,929.63	231,912,806.28	14.13%
INTER-ASIA DEVELOPMENT BANK	7,914,470.56	56,300,188.55	14.06%
MALASIQUI PROGRESSIVE SLB, INC	7,410,279.25	53,235,328.15	13.92%
DEVELOPMENT BANK OF THE PHIL	5,759,578,869.42	42,384,636,125.43	13.59%
BPI DIRECT SAVINGS BANK INC	184,823,670.37	1,416,670,757.64	13.05%
BANK OF COMMERCE	1,943,428,393.34	15,262,313,934.88	12.73%
CORDILLERA SAVINGS BANK INC	14,627,746.41	117,479,229.01	12.45%
CITY SAVINGS BANK INC	872,211,070.89	7,232,735,528.05	12.06%
PHILIPPINE BUSINESS BANK INC	994,057,951.15	8,391,990,435.02	11.85%
PHIL NATIONAL BANK	9,067,066,902.31	93,349,883,708.14	9.71%
MICROFINANCE MAXIMUM SB INC	2,552,934.15	26,413,307.62	9.67%
LAND BANK OF THE PHILIPPINES	7,001,091,253.62	74,569,304,033.38	9.39%
CHINA BANKING CORP	4,921,349,996.05	54,131,189,224.98	9.09%
BDO UNIBANK INC	15,535,855,128.06	179,821,847,506.88	8.64%
TOWER DEVELOPMENT BANK	9,924,927.53	118,355,496.22	8.39%
ASIA UNITED BANK CORPORATION	1,696,605,696.49	20,608,012,017.40	8.23%
SUN SAVINGS BANK INC	10,273,588.19	126,356,472.19	8.13%
LEMERY SAVINGS & LOAN BANK, INC.	5,487,710.87	70,301,901.64	7.81%
PRODUCERS SAVINGS BANK CORPORATION	106,929,506.68	1,388,915,247.79	7.70%
HONGKONG & SHANGHAI BANKING CORP	1,007,193,050.23	13,093,980,223.87	7.69%
BANK OF CHINA LIMITED-MANILA BRANCH	189,040,895.91	2,508,432,508.19	7.54%
ROBINSONS BANK CORPORATION	648,281,449.20	9,080,018,266.90	7.14%
HIYAS BANKING CORPORATION	11,269,981.71	166,330,343.03	6.78%
CARD SME BANK INC A THRIFT BANK	34,383,674.39	518,521,095.02	6.63%
UNIVERSITY SAVINGS BANK INC	25,738,333.50	403,230,797.63	6.38%
QUEEN CITY DEVELOPMENT BANK INC	39,629,087.22	656,862,729.09	6.03%
BANK OF THE PHIL ISLANDS	8,502,678,861.67	144,424,514,136.66	5.89%
CTBC BANK (PHILIPPINES) CORP	365,040,429.64	6,670,249,012.45	5.47%
CITIBANK, N.A.	674,220,900.00	12,704,767,460.17	5.31%
OPTIMUM DEVELOPMENT BANK INC	38,142,223.56	767,252,477.03	4.97%
PHIL TRUST COMPANY	1,092,003,102.85	23,673,571,737.77	4.61%
BANK ONE SAVINGS AND TRUST CORP.	25,295,100.90	563,906,917.85	4.49%
PACIFIC ACE SAVINGS BANK INC	3,458,594.64	80,143,568.42	4.32%
CENTURY SAVINGS BANK CORPORATION	40,593,678.08	944,631,178.29	4.30%
PNB SAVINGS BANK	462,335,523.76	11,132,346,874.37	4.15%
MEGA INT'L COMM'L BANK CO LTD	66,450,000.00	1,878,135,053.81	3.54%
RIZAL COMM'L BANKING CORP	2,143,107,451.90	62,239,277,438.91	3.44%
HSBC SAVINGS BANK(PHILS) INC	58,688,758.57	1,808,158,787.37	3.25%
SECURITY BANK CORP	1,362,633,210.54	50,874,071,660.68	2.68%
QUEZON COCONUT BANK INC	1,555,545.32	58,766,773.87	2.65%
BATAAN SAVINGS AND LOAN BANK	1,505,600.05	64,143,950.67	2.35%
KOREA EXCHANGE BANK	23,550,181.36	1,260,307,130.33	1.87%
MERCHANTS SAVINGS & LOAN ASSN INC	6,962,105.76	393,714,280.30	1.77%
PROGRESS SAVINGS AND LOAN BANK INC	1,173,321.24	82,285,828.57	1.43%
METROPOLITAN BANK & TCO	2,557,929,137.05	180,834,565,479.46	1.41%
ANZ BANKING GROUP LTD	23,339,114.85	4,596,026,057.49	0.51%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,092,048.97	350,128,447.77	0.31%
BANGKOK BANK PUBLIC CO LTD	4,662,165.64	3,103,858,680.95	0.15%
JP MORGAN CHASE BANK NATIONAL ASSN.	734,885.22	1,242,578,154.13	0.06%
INTERNATIONALE NEDERLANDEN GROEP BK	92.18	2,554,357,750.05	0.00%
BANK OF AMERICA N.A.	4.00	2,096,061,205.20	0.00%
BDO ELITE SAVINGS BANK INC	0.00	810,274,426.40	0.00%
BDO PRIVATE BANK, INC.	0.00	5,903,695,966.62	0.00%
DEUTSCHE BANK AG	0.00	2,559,394,821.53	0.00%
ISLA BANK INC	0.00	658,778,697.45	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	2,729,931,250.02	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	4,591,668,673.67	0.00%
Grand Total	124,025,745,474.05	1,270,284,096,111.24	9.76%

Source: www.bsp.gov.ph

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

1. Comsavings Bank (1086.99% of SE)
2. Legazpi Savings Bank (157.92% of SE)
3. BPI Globe Banko Inc (116.99% of SE)
4. Opportunity Kauswagan Bank, Inc. (97.40% of SE)
5. Luzon Development Bank (90.85% of SE)
6. Equicom Savings Bank Inc. (81.32% of SE)
7. Planters Development Bank (81.09% of SE)
8. World Partners Bank (78.13% of SE)
9. Bataan Development Bank (74.85% of SE)
10. Malayan Bank Savings and Mortgage Bank (67.95% of SE)
11. MBank Philippines (67.71% of SE)
12. Metro Cebu Public Savings Bank (63.66% of SE)
13. Enterprise Bank Inc (56.82% of SE)
14. Farmers Savings & Loan Bank Inc (52.89% of SE)
15. Philippine Postal Savings Bank (52.82% of SE)
16. The Palawan Bank (49.46% of SE)
17. Bank of Makati Inc (47.34% of SE)
18. Sterling Bank of Asia, Inc. (44.68% of SE)
19. China Bank Savings Inc (44.23% of SE)
20. Penbank Inc. (43.54% of SE)
21. Pampanga Development Bank (41.55% of SE)
22. 1st Valley Bank Inc (40.35% of SE)
23. Standard Chartered Bank (39.17% of SE)
24. Northpoint Development Bank (38.85% of SE)
25. Maritime Savings Bank Corporation (37.92% of SE)
26. Wealth Development Bank Corporation (36.71% of SE)
27. Sampaguita Savings Bank (35.14% of SE)
28. RCBC Savings Bank Inc (32.60% of SE)
29. Dungganon Bank Inc (31.12% of SE)
30. United Coconut Planters Bank (30.83% of SE)
31. Philippine Veterans Bank (30.33%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 3.55% of their Total Loan Portfolio as of June 30, 2015.  Of the 104 banks, thirty-three banks reported having no DOSRI Loans.  Of the seventy-one banks with DOSRI Loans, thirty-six banks had DOSRI Loans that made up less than 1% of their Total Loan Portfolios.  However, six banks had DOSRI Loans that comprised more than 15% of their Total Loan Portfolios.  They are as follows:

1. Development Bank of the Philippines (28.53% of TLP)
2. Malasiqui Progressive SLB, Inc. (27.92% of TLP)
3. World Partners Bank (26.50% of TLP)
4. Queen City Development Bank (2.59% of TLP)
5. Citystate Savings Bank (18.39% of TLP)
6. Land Bank of the Philippines (17.26% of TLP)

Philippine Banking System
DOSRI as % of TLP
June 30, 2015
	DOSRI	TLP	DOSRI/TLP
Bank	(In Php)	(In PHP)	(In %)
DEVELOPMENT BANK OF THE PHIL	44,199,404,576.53	154,916,023,936.35	28.53%
MALASIQUI PROGRESSIVE SLB, INC	10,689,000.00	38,286,408.26	27.92%
WORLD PARTNERS BANK	79,550,518.52	300,152,163.19	26.50%
QUEEN CITY DEVELOPMENT BANK INC	270,950,300.94	1,199,201,893.26	22.59%
CITYSTATE SAVINGS BANK INC	327,082,914.14	1,778,891,839.55	18.39%
LAND BANK OF THE PHILIPPINES	71,460,471,987.76	413,983,489,802.35	17.26%
INTER-ASIA DEVELOPMENT BANK	17,885,000.00	132,492,966.74	13.50%
PAMPANGA DEVELOPMENT BANK	35,842,740.34	274,638,743.91	13.05%
VILLAGE BANK INC	46,312,961.55	363,451,449.19	12.74%
HIYAS BANKING CORPORATION	22,505,877.93	194,747,218.56	11.56%
LIFE SAVINGS BANK INC	8,193,011.69	74,076,170.91	11.06%
DUMAGUETE CITY DEV BANK INC	43,818,113.37	457,722,934.81	9.57%
EAST WEST BANKING CORP	10,015,927,977.27	129,588,612,322.83	7.73%
PENBANK INC	119,237,557.64	1,926,449,944.50	6.19%
CENTURY SAVINGS BANK CORPORATION	27,779,973.53	528,980,043.67	5.25%
PHIL TRUST COMPANY	1,258,000,000.00	27,507,666,679.23	4.57%
COMSAVINGS BANK	9,044,443.63	225,133,166.17	4.02%
PHIL NATIONAL BANK	11,843,504,351.29	315,575,860,516.97	3.75%
QUEZON COCONUT BANK INC	1,290,588.80	42,888,376.33	3.01%
BANK OF MAKATI INC	543,446,576.47	18,375,016,360.22	2.96%
BANK OF THE PHIL ISLANDS	15,630,760,772.13	626,009,042,494.37	2.50%
PHILIPPINE BUSINESS BANK INC	899,273,683.79	37,918,300,286.71	2.37%
BDO UNIBANK INC	28,521,644,855.41	1,232,771,882,047.94	2.31%
TOWER DEVELOPMENT BANK	5,749,685.80	252,874,417.97	2.27%
OPPORTUNITY KAUSWAGAN BANK INC	5,197,415.97	235,016,425.75	2.21%
ROBINSONS BANK CORPORATION	458,174,773.65	22,197,103,859.04	2.06%
RIZAL COMM'L BANKING CORP	4,335,748,906.90	215,292,649,673.61	2.01%
CHINA BANKING CORP	4,942,833,986.47	245,975,639,380.46	2.01%
PHIL SAVINGS BANK	1,984,216,621.83	107,719,912,075.70	1.84%
BANK OF AMERICA N.A.	38,939,797.65	2,140,660,079.54	1.82%
PRODUCERS SAVINGS BANK CORPORATION	106,972,983.57	5,960,783,771.61	1.79%
WEALTH DEVELOPMENT BANK CORPORATION	54,569,396.47	3,547,210,828.18	1.54%
CORDILLERA SAVINGS BANK INC	2,545,297.46	177,568,025.88	1.43%
PHIL POSTAL SAVINGS BANK INC	80,314,834.80	5,916,555,754.38	1.36%
LUZON DEVELOPMENT BANK	43,002,389.61	3,424,799,734.82	1.26%
HSBC SAVINGS BANK(PHILS) INC	53,991,895.68	6,685,241,999.09	0.81%
MARITIME SAVINGS BANK CORPORATION	983,045.00	129,783,515.12	0.76%
METROPOLITAN BANK & TCO	3,824,719,017.53	639,524,974,192.06	0.60%
HONGKONG & SHANGHAI BANKING CORP	440,246,586.57	74,927,270,879.49	0.59%
THE PALAWAN BANK INC	1,215,158.59	240,247,340.51	0.51%
STERLING BANK OF ASIA INC	69,332,407.94	16,597,389,569.69	0.42%
SECURITY BANK CORP	825,440,776.70	205,544,942,250.30	0.40%
UNION BANK OF THE PHILS	494,569,918.10	129,445,727,049.78	0.38%
ENTERPRISE BANK INC	5,407,941.39	1,450,787,923.60	0.37%
JP MORGAN CHASE BANK NATIONAL ASSN.	39,813,462.35	11,392,709,856.41	0.35%
PHILIPPINE VETERANS BANK	38,688,462.05	11,865,651,459.73	0.33%
UNITED COCONUT PLANTERS BANK	351,913,334.53	113,088,118,586.71	0.31%
PLANTERS DEVELOPMENT BANK	96,927,684.24	32,099,491,345.56	0.30%
TONGYANG SAVINGS BANK INC	969,076.40	355,743,209.48	0.27%
ANZ BANKING GROUP LTD	29,355,466.92	24,172,785,004.81	0.12%
FIRST CONSOLIDATED BANK INC	10,387,310.27	9,560,548,392.81	0.11%
MALAYAN BANK SAVINGS AND MORT BANK INC	4,145,708.51	3,966,346,693.31	0.10%
ASIA UNITED BANK CORPORATION	81,241,387.61	77,849,859,185.20	0.10%
CTBC BANK (PHILIPPINES) CORP	21,128,132.05	21,246,030,874.51	0.10%
PHIL STAR DEVELOPMENT BANK INC	44,937.26	46,880,851.73	0.10%
CHINA BANK SAVINGS INC	14,524,087.96	16,768,028,846.25	0.09%
RCBC SAVINGS BANK INC	48,133,919.30	57,109,527,576.82	0.08%
PHIL BANK OF COMMUNICATIONS	23,593,644.96	28,085,550,113.15	0.08%
FARMERS SAVINGS & LOAN BANK INC	160,436.21	204,951,099.04	0.08%
ISLA BANK(A THRIFT BANK) INC	115,630.33	163,038,376.50	0.07%
CITY SAVINGS BANK INC	31,440,208.19	46,223,491,295.49	0.07%
UCPB SAVINGS BANK	5,095,246.88	10,518,347,861.80	0.05%
MAYBANK PHILIPPINES INC	24,500,000.00	52,926,071,294.57	0.05%
STANDARD CHARTERED BANK	17,094,969.60	46,056,669,039.25	0.04%
CITIBANK, N.A.	27,294,242.52	120,063,458,762.79	0.02%
BPI FAMILY SAVINGS BANK INC	28,817,278.57	201,072,713,365.91	0.01%
BANK OF COMMERCE	5,022,274.36	42,552,995,892.81	0.01%
KOREA EXCHANGE BANK	424,900.00	3,713,747,169.42	0.01%
LEGAZPI SAVINGS BANK INC	65,280.33	1,107,900,069.35	0.01%
BPI DIRECT SAVINGS BANK INC	252,950.81	6,871,956,810.29	0.00%
UNITED OVERSEAS BANK PHILIPPINES	10,456.33	741,165,193.61	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	5,184,951,660.70	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	171,493,521.78	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	7,077,234,711.27	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	8,265,938,094.51	0.00%
BANK ONE SAVINGS AND TRUST CORP.	0.00	544,928,388.02	0.00%
BATAAN DEVELOPMENT BANK	0.00	153,732,029.14	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	31,818,704.72	0.00%
BDO PRIVATE BANK, INC.	0.00	5,615,093,720.27	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	637,260,234.42	0.00%
BUSINESS AND CONSUMERS BANK	0.00	137,732,773.87	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	1,435,373,865.91	0.00%
DEUTSCHE BANK AG	0.00	7,372,285,453.36	0.00%
DUNGGANON BANK INC	0.00	124,472,726.47	0.00%
EQUICOM SAVINGS BANK INC	0.00	3,878,666,138.21	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	23,556,660,736.79	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	66,797,083.88	0.00%
MBANK PHILIPPINES INC	0.00	79,695,808.29	0.00%
MEGA INT'L COMM'L BANK CO LTD	0.00	9,869,125,473.32	0.00%
MERCHANTS SAVINGS & LOAN ASSN INC	0.00	279,225,443.47	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	73,468,651.53	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	19,018,561.20	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	23,196,177,266.04	0.00%
NORTHPOINT DEV'T BANK INC	0.00	232,741,577.80	0.00%
OPTIMUM DEVELOPMENT BANK INC	0.00	962,153,627.31	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	16,622,970.29	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION	0.00	9,324,620,137.85	0.00%
PNB SAVINGS BANK	0.00	11,465,381,332.49	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	1,330,641.81	0.00%
SAMPAGUITA SAVINGS BANK INC	0.00	40,260,599.78	0.00%
SUN SAVINGS BANK INC	0.00	316,713,070.08	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	36,849,180,580.88	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	439,161,511.53	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	204,067,951,108.95	5,748,813,241,836.90	3.55%

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 16.06% of Stockholders Equity as of June 30, 2015.

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

1. Development Bank of the Philippines (104.28% of SE)
2. Land Bank of the Philippines (95.83% of SE)

Philippine Banking System
DOSRI as % of Stockholders Equity
June 30, 2015
	DOSRI	SE	DOSRI/SE
Bank	(In Php)	(In PHP)	(In %)
DEVELOPMENT BANK OF THE PHIL	44,199,404,576.53	42,384,636,125.43	104.28%
LAND BANK OF THE PHILIPPINES	71,460,471,987.76	74,569,304,033.38	95.83%
WORLD PARTNERS BANK	79,550,518.52	114,691,064.13	69.36%
VILLAGE BANK INC	46,312,961.55	75,784,711.08	61.11%
COMSAVINGS BANK	9,044,443.63	17,594,272.04	51.41%
CITYSTATE SAVINGS BANK INC	327,082,914.14	645,466,476.78	50.67%
QUEEN CITY DEVELOPMENT BANK INC	270,950,300.94	656,862,729.09	41.25%
PENBANK INC	119,237,557.64	320,242,577.61	37.23%
EAST WEST BANKING CORP	10,015,927,977.27	29,439,693,241.66	34.02%
INTER-ASIA DEVELOPMENT BANK	17,885,000.00	56,300,188.55	31.77%
PAMPANGA DEVELOPMENT BANK	35,842,740.34	126,848,673.58	28.26%
MALASIQUI PROGRESSIVE SLB, INC	10,689,000.00	53,235,328.15	20.08%
DUMAGUETE CITY DEV BANK INC	43,818,113.37	231,912,806.28	18.89%
BDO UNIBANK INC	28,521,644,855.41	179,821,847,506.88	15.86%
HIYAS BANKING CORPORATION	22,505,877.93	166,330,343.03	13.53%
LIFE SAVINGS BANK INC	8,193,011.69	61,497,646.63	13.32%
WEALTH DEVELOPMENT BANK CORPORATION	54,569,396.47	412,087,784.99	13.24%
PHIL NATIONAL BANK	11,843,504,351.29	93,349,883,708.14	12.69%
PHIL SAVINGS BANK	1,984,216,621.83	17,384,488,208.08	11.41%
BANK OF THE PHIL ISLANDS	15,630,760,772.13	144,424,514,136.66	10.82%
PHILIPPINE BUSINESS BANK INC	899,273,683.79	8,391,990,435.02	10.72%
CHINA BANKING CORP	4,942,833,986.47	54,131,189,224.98	9.13%
BANK OF MAKATI INC	543,446,576.47	5,953,540,538.75	9.13%
PHIL POSTAL SAVINGS BANK INC	80,314,834.80	1,029,990,607.85	7.80%
PRODUCERS SAVINGS BANK CORPORATION	106,972,983.57	1,388,915,247.79	7.70%
LUZON DEVELOPMENT BANK	43,002,389.61	558,736,010.47	7.70%
RIZAL COMM'L BANKING CORP	4,335,748,906.90	62,239,277,438.91	6.97%
OPPORTUNITY KAUSWAGAN BANK INC	5,197,415.97	75,132,544.94	6.92%
PHIL TRUST COMPANY	1,258,000,000.00	23,673,571,737.77	5.31%
ROBINSONS BANK CORPORATION	458,174,773.65	9,080,018,266.90	5.05%
TOWER DEVELOPMENT BANK	5,749,685.80	118,355,496.22	4.86%
THE PALAWAN BANK INC	1,215,158.59	32,327,364.80	3.76%
HONGKONG & SHANGHAI BANKING CORP	440,246,586.57	13,093,980,223.87	3.36%
STERLING BANK OF ASIA INC	69,332,407.94	2,163,698,711.07	3.20%
JP MORGAN CHASE BANK NATIONAL ASSN.	39,813,462.35	1,242,578,154.13	3.20%
HSBC SAVINGS BANK(PHILS) INC	53,991,895.68	1,808,158,787.37	2.99%
CENTURY SAVINGS BANK CORPORATION	27,779,973.53	944,631,178.29	2.94%
PLANTERS DEVELOPMENT BANK	96,927,684.24	3,534,513,968.74	2.74%
ENTERPRISE BANK INC	5,407,941.39	241,465,210.74	2.24%
QUEZON COCONUT BANK INC	1,290,588.80	58,766,773.87	2.20%
CORDILLERA SAVINGS BANK INC	2,545,297.46	117,479,229.01	2.17%
METROPOLITAN BANK & TCO	3,824,719,017.53	180,834,565,479.46	2.12%
BANK OF AMERICA N.A.	38,939,797.65	2,096,061,205.20	1.86%
UNITED COCONUT PLANTERS BANK	351,913,334.53	20,164,093,497.57	1.75%
SECURITY BANK CORP	825,440,776.70	50,874,071,660.68	1.62%
MARITIME SAVINGS BANK CORPORATION	983,045.00	64,181,062.27	1.53%
UNION BANK OF THE PHILS	494,569,918.10	51,955,576,711.05	0.95%
PHILIPPINE VETERANS BANK	38,688,462.05	5,311,190,510.28	0.73%
ANZ BANKING GROUP LTD	29,355,466.92	4,596,026,057.49	0.64%
CHINA BANK SAVINGS INC	14,524,087.96	2,538,466,966.35	0.57%
RCBC SAVINGS BANK INC	48,133,919.30	8,539,921,524.51	0.56%
CITY SAVINGS BANK INC	31,440,208.19	7,232,735,528.05	0.43%
MALAYAN BANK SAVINGS AND MORT BANK INC	4,145,708.51	981,260,887.11	0.42%
ASIA UNITED BANK CORPORATION	81,241,387.61	20,608,012,017.40	0.39%
FIRST CONSOLIDATED BANK INC	10,387,310.27	3,033,307,180.24	0.34%
CTBC BANK (PHILIPPINES) CORP	21,128,132.05	6,670,249,012.45	0.32%
PHIL BANK OF COMMUNICATIONS	23,593,644.96	7,810,598,126.54	0.30%
STANDARD CHARTERED BANK	17,094,969.60	6,365,388,735.62	0.27%
TONGYANG SAVINGS BANK INC	969,076.40	372,074,510.49	0.26%
UCPB SAVINGS BANK	5,095,246.88	2,155,160,764.68	0.24%
MAYBANK PHILIPPINES INC	24,500,000.00	11,281,821,360.53	0.22%
CITIBANK, N.A.	27,294,242.52	12,704,767,460.17	0.21%
FARMERS SAVINGS & LOAN BANK INC	160,436.21	108,608,004.16	0.15%
BPI FAMILY SAVINGS BANK INC	28,817,278.57	23,859,822,808.45	0.12%
PHIL STAR DEVELOPMENT BANK INC	44,937.26	76,739,387.74	0.06%
KOREA EXCHANGE BANK	424,900.00	1,260,307,130.33	0.03%
BANK OF COMMERCE	5,022,274.36	15,262,313,934.88	0.03%
LEGAZPI SAVINGS BANK INC	65,280.33	275,271,124.24	0.02%
BPI DIRECT SAVINGS BANK INC	252,950.81	1,416,670,757.64	0.02%
ISLA BANK(A THRIFT BANK) INC	115,630.33	658,778,697.45	0.02%
UNITED OVERSEAS BANK PHILIPPINES	10,456.33	1,131,426,122.14	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	1,274,144,364.82	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	350,128,447.77	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	3,103,858,680.95	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	2,508,432,508.19	0.00%
BANK ONE SAVINGS AND TRUST CORP.	0.00	563,906,917.85	0.00%
BATAAN DEVELOPMENT BANK	0.00	77,468,452.70	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	64,143,950.67	0.00%
BDO ELITE SAVINGS BANK INC	0.00	810,274,426.40	0.00%
BDO PRIVATE BANK, INC.	0.00	5,903,695,966.62	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	259,014,856.89	0.00%
BUSINESS AND CONSUMERS BANK	0.00	88,318,240.12	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	518,521,095.02	0.00%
DEUTSCHE BANK AG	0.00	2,559,394,821.53	0.00%
DUNGGANON BANK INC	0.00	94,797,067.56	0.00%
EQUICOM SAVINGS BANK INC	0.00	581,237,288.93	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	2,554,357,750.05	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	70,301,901.64	0.00%
MBANK PHILIPPINES INC	0.00	57,708,925.66	0.00%
MEGA INT'L COMM'L BANK CO LTD	0.00	1,878,135,053.81	0.00%
MERCHANTS SAVINGS & LOAN ASSN INC	0.00	393,714,280.30	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	56,988,412.29	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	26,413,307.62	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	2,729,931,250.02	0.00%
NORTHPOINT DEV'T BANK INC	0.00	193,033,062.97	0.00%
OPTIMUM DEVELOPMENT BANK INC	0.00	767,252,477.03	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	80,143,568.42	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION	0.00	1,896,127,600.21	0.00%
PNB SAVINGS BANK	0.00	11,132,346,874.37	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	82,285,828.57	0.00%
SAMPAGUITA SAVINGS BANK INC	0.00	55,755,849.94	0.00%
SUN SAVINGS BANK INC	0.00	126,356,472.19	0.00%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD	0.00	4,591,668,673.67	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	403,230,797.63	0.00%
Grand Total	204,067,951,108.95	1,270,284,096,111.24	16.06%

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 380.143 million, or 0.19% of its DOSRI Loans fell past due as of June 30, 2015.  Of the seventy-one banks with DOSRI Loans, fifty-six 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 June 30, 2015: Legazpi Savings Bank Inc with 73.00% of its DOSRI Loans past due.

Philippine Banking System
DOSRI Past Due as % of DOSRI
June 30, 2015
	DOSRI Past Due	DOSRI	DOSRI Past Due/DOSRI
Bank	(In PHP)	(In PHP)	(In %)
LEGAZPI SAVINGS BANK INC	47,655.89	65,280.33	73.00%
PHIL SAVINGS BANK	372,244,381.37	1,984,216,621.83	18.76%
DUMAGUETE CITY DEV BANK INC	2,600,000.00	43,818,113.37	5.93%
MALAYAN BANK SAVINGS AND MORT BANK INC	68,802.60	4,145,708.51	1.66%
UCPB SAVINGS BANK	57,140.08	5,095,246.88	1.12%
UNITED COCONUT PLANTERS BANK	3,097,613.04	351,913,334.53	0.88%
PHIL BANK OF COMMUNICATIONS	143,018.74	23,593,644.96	0.61%
CITIBANK, N.A.	159,556.00	27,294,242.52	0.58%
CHINA BANK SAVINGS INC	66,237.73	14,524,087.96	0.46%
UNITED OVERSEAS BANK PHILIPPINES	36.00	10,456.33	0.34%
CTBC BANK (PHILIPPINES) CORP	9,030.80	21,128,132.05	0.04%
RIZAL COMM'L BANKING CORP	748,182.22	4,335,748,906.90	0.02%
BANK OF THE PHIL ISLANDS	615,353.80	15,630,760,772.13	0.00%
BDO UNIBANK INC	263,184.18	28,521,644,855.41	0.00%
PHIL NATIONAL BANK	22,398.05	11,843,504,351.29	0.00%
ANZ BANKING GROUP LTD	0.00	29,355,466.92	0.00%
ASIA UNITED BANK CORPORATION	0.00	81,241,387.61	0.00%
BANK OF AMERICA N.A.	0.00	38,939,797.65	0.00%
BANK OF COMMERCE	0.00	5,022,274.36	0.00%
BANK OF MAKATI INC	0.00	543,446,576.47	0.00%
BPI DIRECT SAVINGS BANK INC	0.00	252,950.81	0.00%
BPI FAMILY SAVINGS BANK INC	0.00	28,817,278.57	0.00%
CENTURY SAVINGS BANK CORPORATION	0.00	27,779,973.53	0.00%
CHINA BANKING CORP	0.00	4,942,833,986.47	0.00%
CITY SAVINGS BANK INC	0.00	31,440,208.19	0.00%
CITYSTATE SAVINGS BANK INC	0.00	327,082,914.14	0.00%
COMSAVINGS BANK	0.00	9,044,443.63	0.00%
CORDILLERA SAVINGS BANK INC	0.00	2,545,297.46	0.00%
DEVELOPMENT BANK OF THE PHIL	0.00	44,199,404,576.53	0.00%
EAST WEST BANKING CORP	0.00	10,015,927,977.27	0.00%
ENTERPRISE BANK INC	0.00	5,407,941.39	0.00%
FARMERS SAVINGS & LOAN BANK INC	0.00	160,436.21	0.00%
FIRST CONSOLIDATED BANK INC	0.00	10,387,310.27	0.00%
HIYAS BANKING CORPORATION	0.00	22,505,877.93	0.00%
HONGKONG & SHANGHAI BANKING CORP	0.00	440,246,586.57	0.00%
HSBC SAVINGS BANK(PHILS) INC	0.00	53,991,895.68	0.00%
INTER-ASIA DEVELOPMENT BANK	0.00	17,885,000.00	0.00%
ISLA BANK(A THRIFT BANK) INC	0.00	115,630.33	0.00%
JP MORGAN CHASE BANK NATIONAL ASSN.	0.00	39,813,462.35	0.00%
KOREA EXCHANGE BANK	0.00	424,900.00	0.00%
LAND BANK OF THE PHILIPPINES	0.00	71,460,471,987.76	0.00%
LIFE SAVINGS BANK INC	0.00	8,193,011.69	0.00%
LUZON DEVELOPMENT BANK	0.00	43,002,389.61	0.00%
MALASIQUI PROGRESSIVE SLB, INC	0.00	10,689,000.00	0.00%
MARITIME SAVINGS BANK CORPORATION	0.00	983,045.00	0.00%
MAYBANK PHILIPPINES INC	0.00	24,500,000.00	0.00%
METROPOLITAN BANK & TCO	0.00	3,824,719,017.53	0.00%
OPPORTUNITY KAUSWAGAN BANK INC	0.00	5,197,415.97	0.00%
PAMPANGA DEVELOPMENT BANK	0.00	35,842,740.34	0.00%
PENBANK INC	0.00	119,237,557.64	0.00%
PHIL POSTAL SAVINGS BANK INC	0.00	80,314,834.80	0.00%
PHIL STAR DEVELOPMENT BANK INC	0.00	44,937.26	0.00%
PHIL TRUST COMPANY	0.00	1,258,000,000.00	0.00%
PHILIPPINE BUSINESS BANK INC	0.00	899,273,683.79	0.00%
PHILIPPINE VETERANS BANK	0.00	38,688,462.05	0.00%
PLANTERS DEVELOPMENT BANK	0.00	96,927,684.24	0.00%
PRODUCERS SAVINGS BANK CORPORATION	0.00	106,972,983.57	0.00%
QUEEN CITY DEVELOPMENT BANK INC	0.00	270,950,300.94	0.00%
QUEZON COCONUT BANK INC	0.00	1,290,588.80	0.00%
RCBC SAVINGS BANK INC	0.00	48,133,919.30	0.00%
ROBINSONS BANK CORPORATION	0.00	458,174,773.65	0.00%
SECURITY BANK CORP	0.00	825,440,776.70	0.00%
STANDARD CHARTERED BANK	0.00	17,094,969.60	0.00%
STERLING BANK OF ASIA INC	0.00	69,332,407.94	0.00%
THE PALAWAN BANK INC	0.00	1,215,158.59	0.00%
TONGYANG SAVINGS BANK INC	0.00	969,076.40	0.00%
TOWER DEVELOPMENT BANK	0.00	5,749,685.80	0.00%
UNION BANK OF THE PHILS	0.00	494,569,918.10	0.00%
VILLAGE BANK INC	0.00	46,312,961.55	0.00%
WEALTH DEVELOPMENT BANK CORPORATION	0.00	54,569,396.47	0.00%
WORLD PARTNERS BANK	0.00	79,550,518.52	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	0.00	0.00	NA
CARD SME BANK INC A THRIFT BANK	0.00	0.00	NA
DEUTSCHE BANK AG	0.00	0.00	NA
DUNGGANON 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 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
OPTIMUM DEVELOPMENT BANK INC	0.00	0.00	NA
PACIFIC ACE SAVINGS BANK INC	0.00	0.00	NA
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION	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
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	380,142,590.50	204,067,951,108.95	0.19%

Source: www.bsp.gov.ph