Philippine Savings Bank Ranks Number One in Past Due DOSRI Loans as % of DOSRI Loans

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 December 31, 2013.  See a previous blog post: "Philippine Banks Improve in the 4th Qtr. of 2013" or "The Top Distressed Philippine Banks as of December 31, 2013"

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 118.116 billion as of December 31, 2013 - approximately 2.47% of the Philippine Banking Industry's Total Loan Portfolio of Php 4.779 trillion.

Philippine Banking System
NPL as % of TLP
December 31, 2013
	Gross NPLs	Gross TLP	Gross NPL/ Gross TLP
Bank	(In Php)	(In Php)	(In %)
UNITED OVERSEAS BANK PHILIPPINES	664,931,491.65	723,046,562.74	91.96%
COMSAVINGS BANK	189,798,517.04	258,338,844.50	73.47%
THE REAL BANK (A THRIFT BANK) INC	3,222,282,611.51	4,493,945,574.47	71.70%
SAMPAGUITA SAVINGS BANK INC	22,719,477.39	48,881,944.59	46.48%
DUNGGANON BANK (A MICROFINANCE THRIFT	47,508,153.45	104,442,925.74	45.49%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	129,775,492.78	304,075,337.55	42.68%
CITIBANK SAVINGS INC	2,308,133,797.81	5,525,018,098.00	41.78%
PROGRESS SAVINGS AND LOAN BANK INC	1,269,493.88	3,066,207.38	41.40%
MALASIQUI PROGRESSIVE SLB, INC	16,092,906.25	50,655,736.25	31.77%
TONG YANG SAVINGS BANK INC	148,666,358.33	533,403,848.44	27.87%
NORTHPOINT DEV'T BANK INC	37,110,605.65	164,703,767.04	22.53%
METRO CEBU PUBLIC SAVINGS BANK	19,055,765.67	86,048,583.03	22.15%
PAMPANGA DEVELOPMENT BANK	40,745,518.38	208,763,089.98	19.52%
BPI GLOBE BANKO INC A SAVINGS BANK	201,814,159.62	1,063,491,325.12	18.98%
FARMERS SAVINGS & LOAN BANK INC	48,471,260.01	257,411,854.01	18.83%
PRIDE STAR DEVELOPMENT BANK INC	6,473,437.72	36,470,704.16	17.75%
WORLD PARTNERS BANK (A THRIFT BANK)	88,682,976.78	509,720,799.55	17.40%
ALLIED SAVINGS BANK	401,441,372.70	2,479,145,754.66	16.19%
BATAAN DEVELOPMENT BANK	28,911,402.09	193,828,189.08	14.92%
LEMERY SAVINGS & LOAN BANK, INC.	9,750,997.76	67,778,615.66	14.39%
HIYAS BANKING CORPORATION	29,217,436.77	222,186,463.47	13.15%
BUSINESS AND CONSUMERS BANK (A DB)	16,884,925.63	135,882,075.31	12.43%
LIFE SAVINGS BANK INC	9,639,927.96	78,076,257.10	12.35%
MARITIME SAVINGS BANK CORPORATION	16,368,803.56	142,164,490.56	11.51%
ENTERPRISE BANK INC (A THRIFT BANK)	169,661,344.38	1,503,517,698.76	11.28%
QUEZON COCONUT BANK INC (A THRIFT BANK)	3,566,888.20	32,101,385.64	11.11%
UNIVERSITY SAVINGS BANK INC	48,120,002.84	464,700,614.89	10.36%
SECURITY BANK SAVINGS CORPORATION	838,735,420.10	8,287,967,103.92	10.12%
PLANTERS DEVELOPMENT BANK	3,267,592,729.96	34,450,275,452.28	9.48%
PHILIPPINE POSTAL SAVINGS BANK INC	392,952,272.30	4,419,324,882.07	8.89%
CENTURY SAVINGS BANK CORPORATION	40,116,374.32	463,866,613.98	8.65%
BANK OF COMMERCE	3,903,798,967.05	45,555,506,597.12	8.57%
DUMAGUETE CITY DEVELOPMENT BANK INC	41,156,519.67	482,456,929.22	8.53%
CORDILLERA SAVINGS BANK INC	14,750,218.80	174,452,800.24	8.46%
PACIFIC ACE SAVINGS BANK INC	2,030,876.69	26,610,305.90	7.63%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	94,745,384.44	1,284,430,926.38	7.38%
VILLAGE BANK INC (A THRIFT BANK)	25,784,609.74	354,480,617.26	7.27%
MALAYAN BANK SAVINGS AND MORT BANK INC	315,155,109.94	4,361,019,498.14	7.23%
EQUICOM SAVINGS BANK INC	253,955,691.53	3,550,617,254.72	7.15%
LUZON DEVELOPMENT BANK	153,927,139.62	2,200,322,931.10	7.00%
PHILIPPINE RESOURCES SAVINGS BANKING	568,270,831.20	8,184,606,145.17	6.94%
BATAAN SAVINGS AND LOAN BANK	2,842,178.92	41,160,696.39	6.91%
WEALTH DEVELOPMENT BANK CORPORATION	184,239,801.85	2,674,029,621.89	6.89%
FIRST CONSOLIDATED BANK INC (A PDB)	443,718,187.84	6,771,132,384.21	6.55%
THE PALAWAN BANK (PALAWAN DB) INC	14,232,122.87	218,244,493.03	6.52%
UNION BANK OF THE PHILIPPINES	8,949,967,078.89	137,614,343,062.42	6.50%
PHIL BANK OF COMMUNICATIONS	1,240,984,212.26	19,521,972,126.23	6.36%
PHILIPPINE VETERANS BANK	960,196,997.18	15,600,625,267.85	6.15%
TOWER DEVELOPMENT BANK	11,026,032.92	191,398,134.36	5.76%
UNITED COCONUT PLANTERS BANK	4,791,102,973.68	91,829,558,325.31	5.22%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	779,111,419.36	15,482,989,636.37	5.03%
EAST WEST BANKING CORP	4,648,406,663.92	94,900,777,613.11	4.90%
INTER-ASIA DEVELOPMENT BANK	4,504,816.66	102,955,417.13	4.38%
DEVELOPMENT BANK OF THE PHILIPPINES	5,639,214,503.34	129,638,563,627.94	4.35%
PHILIPPINE NATIONAL BANK	10,686,422,376.48	250,976,177,823.48	4.26%
PRODUCERS SAVINGS BANK CORPORATION	200,833,871.97	4,820,383,181.56	4.17%
RCBC SAVINGS BANK INC	1,828,298,222.91	44,130,547,426.57	4.14%
1ST VALLEY BANK INC A DEVELOPMENT BANK	191,253,994.34	5,165,020,987.59	3.70%
PHILIPPINE SAVINGS BANK	3,655,420,772.73	100,194,336,858.15	3.65%
SUN SAVINGS BANK INC	7,460,733.37	211,668,665.38	3.52%
BANK ONE SAVINGS AND TRUST CORP.	15,304,127.53	441,444,352.85	3.47%
UCPB SAVINGS BANK	284,342,672.31	8,506,784,297.90	3.34%
STANDARD CHARTERED BANK	1,086,525,758.42	34,107,769,061.36	3.19%
CHINA BANK SAVINGS INC	268,611,569.73	9,163,092,777.71	2.93%
BPI FAMILY SAVINGS BANK INC	4,370,697,474.80	150,764,833,602.85	2.90%
PHILIPPINE TRUST COMPANY	1,148,806,061.17	42,849,659,957.50	2.68%
MERCHANTS SAVINGS & LOAN ASSOCIATION INC	4,003,853.45	151,214,341.42	2.65%
PHILIPPINE BUSINESS BANK INC A SAVINGS	745,484,055.76	30,678,422,634.29	2.43%
ASIA UNITED BANK CORPORATION	1,073,013,698.39	44,518,237,565.19	2.41%
CTBC BANK (PHILIPPINES) CORPORATION	388,279,116.49	16,454,663,670.26	2.36%
LAND BANK OF THE PHILIPPINES	7,317,990,983.02	316,891,763,479.53	2.31%
CITYSTATE SAVINGS BANK INC	42,355,159.83	1,877,515,902.95	2.26%
MICROFINANCE MAXIMUM SB INC	374,895.56	16,819,783.08	2.23%
MAYBANK PHILIPPINES INC	1,036,927,723.27	47,131,591,824.26	2.20%
CARD SME BANK INC A THRIFT BANK	19,612,047.57	908,817,830.54	2.16%
OPTIMUM DEVELOPMENT BANK INC	17,197,495.99	813,920,671.95	2.11%
ROBINSONS BANK CORPORATION	421,843,064.16	20,480,106,895.16	2.06%
CHINA BANKING CORPORATION	4,117,935,690.11	214,918,989,284.16	1.92%
RIZAL COMMERCIAL BANKING CORP	3,527,950,432.52	188,945,270,427.64	1.87%
BDO UNIBANK INC	17,239,114,625.78	923,851,193,041.51	1.87%
HONGKONG & SHANGHAI BANKING CORPORATION	829,841,922.61	46,176,023,266.86	1.80%
BPI DIRECT SAVINGS BANK INC	121,202,841.76	7,441,467,057.07	1.63%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	14,540,829.34	928,669,661.50	1.57%
CITY SAVINGS BANK INC	391,518,685.68	25,433,487,097.33	1.54%
BANK OF THE PHILIPPINE ISLANDS	6,787,741,471.65	492,170,749,122.50	1.38%
HSBC SAVINGS BANK (PHILS) INC	52,860,163.68	6,266,865,074.75	0.84%
METROPOLITAN BANK & TRUST CO	3,124,797,642.79	550,886,387,405.56	0.57%
KOREA EXCHANGE BANK	24,799,833.58	4,512,297,785.26	0.55%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,156,048.97	219,025,051.16	0.53%
CITIBANK, N.A.	844,338,675.22	177,728,402,037.67	0.48%
SECURITY BANK CORPORATION	679,832,902.36	167,148,813,855.61	0.41%
BANK OF CHINA LIMITED-MANILA BRANCH	8,660,895.91	6,124,899,516.22	0.14%
ANZ BANKING GROUP LTD	23,339,114.85	23,431,124,037.30	0.10%
BANGKOK BANK PUBLIC CO LTD	4,954,155.55	6,771,830,916.96	0.07%
JP MORGAN CHASE BANK NATIONAL ASSOCIATION	734,885.22	15,180,284,800.46	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	89.08	31,940,097,811.71	0.00%
BANK OF AMERICA N.A.	4.00	2,890,209,181.75	0.00%
BDO PRIVATE BANK, INC.	0.00	2,330,825,427.42	0.00%
DEUTSCHE BANK AG	0.00	39,558,052,377.47	0.00%
ISLA BANK (A THRIFT BANK) INC	0.00	596,050,431.15	0.00%
MBANK PHILIPPINES	0.00	37,892,063.28	0.00%
MEGA INTERNATIONAL COMMERCIAL BANK CO LTD	0.00	8,246,864,759.09	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	22,335,372,609.95	0.00%
THE BANK OF TOKYO-MITSUBISHI UFJ LTD	0.00	33,384,952,619.09	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	118,115,994,900.77	4,778,785,445,523.38	2.47%

Source: www.bsp.gov.ph

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

1. United Overseas Bank Philippines (91.96% of TLP)
2. Comsavings Bank (73.47% of TLP)
3. The Real Bank (71.70% of TLP)
4. Sampaguita Savings Bank Inc. (46.48% of TLP)
5. Dungganon Bank (45.49% of TLP)
6. Opportunity Kauswagan Bank Inc (42.68% of TLP)
7. Citibank Savings Inc (41.78% of TLP)
8. Progress Savings and Loan Bank Inc (41.40% of TLP)
9. Malasiqui Progressive SLB, Inc. (34.48% of TLP)

Of these banks, three banks are considered distressed:

1. Comsavings Bank (formerly GSIS Family Bank)
2. The Real Bank
3. 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 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.

On an overall basis, the Gross NPLs of Philippine Banks amounted to 11.80% of Stockholders Equity as of December 31, 2013.

Philippine Banking System
NPL as % of SE
December 31, 2013
	NPL	SE	NPL/SE
Bank	(In PHP)	(In PHP)	(In %)
THE REAL BANK (A THRIFT BANK) INC	3,222,282,611.51	806,215,196.88	399.68%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	129,775,492.78	61,638,110.53	210.54%
CITIBANK SAVINGS INC	2,308,133,797.81	1,588,734,573.60	145.28%
PLANTERS DEVELOPMENT BANK	3,267,592,729.96	2,709,190,353.46	120.61%
UNITED OVERSEAS BANK PHILIPPINES	664,931,491.65	700,169,994.52	94.97%
WORLD PARTNERS BANK (A THRIFT BANK)	88,682,976.78	97,350,763.11	91.10%
BPI GLOBE BANKO INC A SAVINGS BANK	201,814,159.62	222,466,942.65	90.72%
COMSAVINGS BANK	189,798,517.04	230,763,397.64	82.25%
ENTERPRISE BANK INC (A THRIFT BANK)	169,661,344.38	206,730,309.57	82.07%
SECURITY BANK SAVINGS CORPORATION	838,735,420.10	1,063,659,584.16	78.85%
PHILIPPINE POSTAL SAVINGS BANK INC	392,952,272.30	655,747,468.09	59.92%
DUNGGANON BANK (A MICROFINANCE THRIFT	47,508,153.45	84,914,347.98	55.95%
THE PALAWAN BANK (PALAWAN DB) INC	14,232,122.87	26,205,515.71	54.31%
EQUICOM SAVINGS BANK INC	253,955,691.53	498,166,589.96	50.98%
WEALTH DEVELOPMENT BANK CORPORATION	184,239,801.85	363,668,842.05	50.66%
NORTHPOINT DEV'T BANK INC	37,110,605.65	74,030,797.44	50.13%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	779,111,419.36	1,617,042,495.35	48.18%
FARMERS SAVINGS & LOAN BANK INC	48,471,260.01	114,015,222.56	42.51%
BATAAN DEVELOPMENT BANK	28,911,402.09	68,240,142.11	42.37%
ALLIED SAVINGS BANK	401,441,372.70	966,841,559.87	41.52%
SAMPAGUITA SAVINGS BANK INC	22,719,477.39	56,674,898.04	40.09%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	94,745,384.44	242,349,904.07	39.09%
TONG YANG SAVINGS BANK INC	148,666,358.33	390,716,494.64	38.05%
PHILIPPINE RESOURCES SAVINGS BANKING	568,270,831.20	1,600,287,621.08	35.51%
PAMPANGA DEVELOPMENT BANK	40,745,518.38	117,192,461.70	34.77%
VILLAGE BANK INC (A THRIFT BANK)	25,784,609.74	74,607,045.44	34.56%
STANDARD CHARTERED BANK	1,086,525,758.42	3,310,605,442.92	32.82%
LUZON DEVELOPMENT BANK	153,927,139.62	481,131,559.05	31.99%
METRO CEBU PUBLIC SAVINGS BANK	19,055,765.67	63,038,890.96	30.23%
MALASIQUI PROGRESSIVE SLB, INC	16,092,906.25	54,034,929.02	29.78%
MALAYAN BANK SAVINGS AND MORT BANK INC	315,155,109.94	1,097,017,961.88	28.73%
BANK OF COMMERCE	3,903,798,967.05	13,817,646,787.11	28.25%
RCBC SAVINGS BANK INC	1,828,298,222.91	6,899,395,315.46	26.50%
CHINA BANK SAVINGS INC	268,611,569.73	1,048,818,111.09	25.61%
PHIL BANK OF COMMUNICATIONS	1,240,984,212.26	4,884,526,700.64	25.41%
UNITED COCONUT PLANTERS BANK	4,791,102,973.68	18,923,327,348.00	25.32%
BPI FAMILY SAVINGS BANK INC	4,370,697,474.80	17,631,547,816.22	24.79%
EAST WEST BANKING CORP	4,648,406,663.92	19,118,256,899.86	24.31%
PHILIPPINE SAVINGS BANK	3,655,420,772.73	15,121,817,848.77	24.17%
MARITIME SAVINGS BANK CORPORATION	16,368,803.56	67,829,316.54	24.13%
UNIVERSITY SAVINGS BANK INC	48,120,002.84	213,776,498.41	22.51%
UNION BANK OF THE PHILIPPINES	8,949,967,078.89	40,738,622,254.61	21.97%
BUSINESS AND CONSUMERS BANK (A DB)	16,884,925.63	80,500,827.25	20.97%
FIRST CONSOLIDATED BANK INC (A PDB)	443,718,187.84	2,189,760,426.95	20.26%
DUMAGUETE CITY DEVELOPMENT BANK INC	41,156,519.67	216,227,266.65	19.03%
1ST VALLEY BANK INC A DEVELOPMENT BANK	191,253,994.34	1,024,055,944.77	18.68%
HIYAS BANKING CORPORATION	29,217,436.77	161,385,481.39	18.10%
PRODUCERS SAVINGS BANK CORPORATION	200,833,871.97	1,182,102,090.12	16.99%
PHILIPPINE VETERANS BANK	960,196,997.18	6,209,367,453.06	15.46%
LIFE SAVINGS BANK INC	9,639,927.96	66,553,066.52	14.48%
CORDILLERA SAVINGS BANK INC	14,750,218.80	103,395,121.60	14.27%
HONGKONG & SHANGHAI BANKING CORPORATION	829,841,922.61	5,856,722,324.95	14.17%
LEMERY SAVINGS & LOAN BANK, INC.	9,750,997.76	68,914,048.64	14.15%
PHILIPPINE NATIONAL BANK	10,686,422,376.48	75,851,044,114.67	14.09%
DEVELOPMENT BANK OF THE PHILIPPINES	5,639,214,503.34	40,750,998,289.34	13.84%
BPI DIRECT SAVINGS BANK INC	121,202,841.76	972,616,889.68	12.46%
CITY SAVINGS BANK INC	391,518,685.68	3,155,445,882.46	12.41%
CITIBANK, N.A.	844,338,675.22	7,545,425,770.57	11.19%
UCPB SAVINGS BANK	284,342,672.31	2,645,570,961.14	10.75%
BDO UNIBANK INC	17,239,114,625.78	163,633,762,916.89	10.54%
PHILIPPINE BUSINESS BANK INC A SAVINGS	745,484,055.76	7,110,533,709.94	10.48%
MAYBANK PHILIPPINES INC	1,036,927,723.27	10,219,650,372.27	10.15%
LAND BANK OF THE PHILIPPINES	7,317,990,983.02	72,317,804,694.85	10.12%
CHINA BANKING CORPORATION	4,117,935,690.11	41,787,498,261.93	9.85%
TOWER DEVELOPMENT BANK	11,026,032.92	112,560,495.06	9.80%
PRIDE STAR DEVELOPMENT BANK INC	6,473,437.72	69,890,199.26	9.26%
INTER-ASIA DEVELOPMENT BANK	4,504,816.66	52,276,134.45	8.62%
ROBINSONS BANK CORPORATION	421,843,064.16	5,172,343,787.97	8.16%
RIZAL COMMERCIAL BANKING CORP	3,527,950,432.52	45,974,823,788.29	7.67%
CARD SME BANK INC A THRIFT BANK	19,612,047.57	274,434,454.71	7.15%
SUN SAVINGS BANK INC	7,460,733.37	104,623,612.45	7.13%
BANK OF THE PHILIPPINE ISLANDS	6,787,741,471.65	99,164,800,917.73	6.84%
CTBC BANK (PHILIPPINES) CORPORATION	388,279,116.49	6,359,806,854.09	6.11%
QUEZON COCONUT BANK INC (A THRIFT BANK)	3,566,888.20	58,839,248.19	6.06%
ASIA UNITED BANK CORPORATION	1,073,013,698.39	18,014,404,268.37	5.96%
PHILIPPINE TRUST COMPANY	1,148,806,061.17	20,441,716,930.88	5.62%
CITYSTATE SAVINGS BANK INC	42,355,159.83	771,935,670.79	5.49%
CENTURY SAVINGS BANK CORPORATION	40,116,374.32	911,497,011.92	4.40%
KOREA EXCHANGE BANK	24,799,833.58	618,026,086.10	4.01%
BATAAN SAVINGS AND LOAN BANK	2,842,178.92	71,501,666.95	3.97%
BANK ONE SAVINGS AND TRUST CORP.	15,304,127.53	542,290,082.23	2.82%
PACIFIC ACE SAVINGS BANK INC	2,030,876.69	75,606,367.84	2.69%
OPTIMUM DEVELOPMENT BANK INC	17,197,495.99	713,108,078.00	2.41%
METROPOLITAN BANK & TRUST CO	3,124,797,642.79	130,413,414,436.45	2.40%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	14,540,829.34	656,548,271.48	2.21%
HSBC SAVINGS BANK (PHILS) INC	52,860,163.68	2,825,066,001.29	1.87%
SECURITY BANK CORPORATION	679,832,902.36	40,658,066,501.58	1.67%
PROGRESS SAVINGS AND LOAN BANK INC	1,269,493.88	83,008,094.43	1.53%
BANK OF CHINA LIMITED-MANILA BRANCH	8,660,895.91	746,794,923.86	1.16%
ANZ BANKING GROUP LTD	23,339,114.85	2,312,184,822.81	1.01%
MERCHANTS SAVINGS & LOAN ASSOCIATION INC	4,003,853.45	488,242,200.45	0.82%
MICROFINANCE MAXIMUM SB INC	374,895.56	45,791,031.87	0.82%
BANGKOK BANK PUBLIC CO LTD	4,954,155.55	1,170,854,993.88	0.42%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	1,156,048.97	392,277,101.62	0.29%
JP MORGAN CHASE BANK NATIONAL ASSOCIATION	734,885.22	1,556,917,580.74	0.05%
INTERNATIONALE NEDERLANDEN GROEP BK	89.08	3,132,011,905.89	0.00%
BANK OF AMERICA N.A.	4.00	596,946,705.20	0.00%
BDO ELITE SAVINGS BANK INC	0.00	1,592,542,542.62	0.00%
BDO PRIVATE BANK, INC.	0.00	6,182,595,239.49	0.00%
DEUTSCHE BANK AG	0.00	2,038,174,079.87	0.00%
ISLA BANK (A THRIFT BANK) INC	0.00	648,121,453.33	0.00%
MBANK PHILIPPINES	0.00	125,138,767.06	0.00%
MEGA INTERNATIONAL COMMERCIAL BANK CO LTD	0.00	757,011,827.28	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	1,319,435,712.15	0.00%
THE BANK OF TOKYO-MITSUBISHI UFJ LTD	0.00	2,284,664,024.91	0.00%
Grand Total	118,115,994,900.77	1,000,788,644,101.93	11.80%

Source: www.bsp.gov.ph

Of the 105 banks in this list, twenty-nine have a Gross NPL to Stockholders Equity Ratio of 30% or more.  These banks are as follows:

1. The Real Bank (399.68% of SE)
2. Opportunity Kauswagan Bank, Inc. (210.54% of SE)
3. Citibank Savings Inc. (145.28% of SE)
4. Planters Development Bank (120.61% of SE)
5. United Overseas Bank Philippines (94.97% of SE)
6. World Partners Bank (91.10% of SE)
7. BPI Globe Banko Inc. (90.72% of SE)
8. Comsavings Bank (82.25% of SE)
9. Enterprise Bank Inc. (82.07% of SE)
10. Security Bank Savings Corporation (78.85% of SE)
11. Philippine Postal Savings Bank (59.92% of SE)
12. Dungganon Bank (55.95% of SE)
13. The Palawan Bank (54.31% of SE)
14. Equicom Savings Bank Inc. (50.98% of SE)
15. Wealth Development Bank Corporation (50.66% of SE)
16. Northpoint Development Bank (50.13% of SE)
17. Sterling Bank of Asia, Inc. (48.18% of SE)
18. Farmers Savings & Loan Bank Inc. (42.51% of SE)
19. Bataan Development Bank (42.37% of SE)
20. Allied Savings Bank (41.52% of SE)
21. Sampaguita Savings Bank (40.09% of SE)
22. Penbank Inc (39.09% of SE)
23. Tong Yang Savings Bank Inc. (38.05% of SE)
24. Philippine Resources Savings Banking Corporation (35.51% of SE)
25. Pampanga Development Bank (34.77% of SE)
26. Village Bank Inc. (34.56% of SE)
27. Standard Chartered Bank (32.82% of SE)
28. Luzon Development Bank (31.99% of SE)
29. Metro Cebu Public Savings Bank (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 4.48% of their Total Loan Portfolio as of December 31, 2013.  Of the 105 banks, thirty banks reported having no DOSRI Loans.  Of the seventy-five banks with DOSRI Loans, thirty-one 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 (28.98% of TLP)
2. Queen City Development Bank (22.50% of TLP)
3. Land Bank of the Philippines (20.34% of TLP)
4. Citystate Savings Bank Inc. (18.06% of TLP)
5. Life Savings Bank Inc. (16.78% of TLP)
6. World Partners Bank (16.54% of TLP)

Philippine Banking System
DOSRI as % of TLP
December 31, 2013
	DOSRI	TLP	DOSRI/TLP
Bank	(In Php)	(In PHP)	(In %)
DEVELOPMENT BANK OF THE PHILIPPINES	37,574,318,755.94	129,638,563,627.94	28.98%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	208,965,194.14	928,669,661.50	22.50%
LAND BANK OF THE PHILIPPINES	64,464,574,548.46	316,891,763,479.53	20.34%
CITYSTATE SAVINGS BANK INC	339,050,419.89	1,877,515,902.95	18.06%
LIFE SAVINGS BANK INC	13,099,034.32	78,076,257.10	16.78%
WORLD PARTNERS BANK (A THRIFT BANK)	84,307,251.37	509,720,799.55	16.54%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	185,722,166.79	1,284,430,926.38	14.46%
INTER-ASIA DEVELOPMENT BANK	12,932,485.45	102,955,417.13	12.56%
VILLAGE BANK INC (A THRIFT BANK)	40,753,662.01	354,480,617.26	11.50%
TOWER DEVELOPMENT BANK	20,499,972.81	191,398,134.36	10.71%
QUEZON COCONUT BANK INC (A THRIFT BANK)	3,267,001.46	32,101,385.64	10.18%
HIYAS BANKING CORPORATION	22,251,218.46	222,186,463.47	10.01%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	22,295,908.52	304,075,337.55	7.33%
BDO UNIBANK INC	65,547,380,374.73	923,851,193,041.51	7.10%
BANK ONE SAVINGS AND TRUST CORP.	29,980,000.00	441,444,352.85	6.79%
EAST WEST BANKING CORP	6,394,361,309.40	94,900,777,613.11	6.74%
PAMPANGA DEVELOPMENT BANK	13,807,365.80	208,763,089.98	6.61%
OPTIMUM DEVELOPMENT BANK INC	51,318,945.96	813,920,671.95	6.31%
CENTURY SAVINGS BANK CORPORATION	27,482,822.72	463,866,613.98	5.92%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	835,541,319.72	15,482,989,636.37	5.40%
COMSAVINGS BANK	11,813,719.08	258,338,844.50	4.57%
DUMAGUETE CITY DEVELOPMENT BANK INC	21,091,594.46	482,456,929.22	4.37%
ROBINSONS BANK CORPORATION	855,095,968.66	20,480,106,895.16	4.18%
WEALTH DEVELOPMENT BANK CORPORATION	109,099,376.51	2,674,029,621.89	4.08%
PHILIPPINE BUSINESS BANK INC A SAVINGS	1,214,795,438.62	30,678,422,634.29	3.96%
LUZON DEVELOPMENT BANK	75,026,638.41	2,200,322,931.10	3.41%
RIZAL COMMERCIAL BANKING CORP	6,403,496,132.18	188,945,270,427.64	3.39%
CHINA BANKING CORPORATION	6,890,582,634.89	214,918,989,284.16	3.21%
PHILIPPINE POSTAL SAVINGS BANK INC	114,185,917.49	4,419,324,882.07	2.58%
BANK OF COMMERCE	1,106,238,611.24	45,555,506,597.12	2.43%
MARITIME SAVINGS BANK CORPORATION	3,411,253.64	142,164,490.56	2.40%
CORDILLERA SAVINGS BANK INC	3,962,864.00	174,452,800.24	2.27%
PRODUCERS SAVINGS BANK CORPORATION	108,679,017.99	4,820,383,181.56	2.25%
PLANTERS DEVELOPMENT BANK	747,417,240.42	34,450,275,452.28	2.17%
PHILIPPINE SAVINGS BANK	1,709,337,945.90	100,194,336,858.15	1.71%
BATAAN DEVELOPMENT BANK	3,000,000.00	193,828,189.08	1.55%
SAMPAGUITA SAVINGS BANK INC	737,071.12	48,881,944.59	1.51%
PHILIPPINE NATIONAL BANK	3,731,243,805.56	250,976,177,823.48	1.49%
MALASIQUI PROGRESSIVE SLB, INC	700,000.00	50,655,736.25	1.38%
BANK OF THE PHILIPPINE ISLANDS	6,642,782,937.98	492,170,749,122.50	1.35%
BANK OF AMERICA N.A.	38,381,425.69	2,890,209,181.75	1.33%
PHIL BANK OF COMMUNICATIONS	220,983,358.86	19,521,972,126.23	1.13%
HSBC SAVINGS BANK (PHILS) INC	65,724,577.35	6,266,865,074.75	1.05%
METROPOLITAN BANK & TRUST CO	5,535,728,765.23	550,886,387,405.56	1.00%
HONGKONG & SHANGHAI BANKING CORPORATION	437,758,104.33	46,176,023,266.86	0.95%
MALAYAN BANK SAVINGS AND MORT BANK INC	39,934,986.91	4,361,019,498.14	0.92%
THE PALAWAN BANK (PALAWAN DB) INC	1,905,518.78	218,244,493.03	0.87%
ASIA UNITED BANK CORPORATION	219,842,938.31	44,518,237,565.19	0.49%
UNION BANK OF THE PHILIPPINES	657,282,240.05	137,614,343,062.42	0.48%
JP MORGAN CHASE BANK NATIONAL ASSOCIATION	47,944,968.76	15,180,284,800.46	0.32%
PHILIPPINE VETERANS BANK	48,927,914.19	15,600,625,267.85	0.31%
SECURITY BANK CORPORATION	522,680,481.44	167,148,813,855.61	0.31%
UNITED COCONUT PLANTERS BANK	222,004,707.36	91,829,558,325.31	0.24%
SECURITY BANK SAVINGS CORPORATION	17,436,598.01	8,287,967,103.92	0.21%
ANZ BANKING GROUP LTD	35,803,803.31	23,431,124,037.30	0.15%
FIRST CONSOLIDATED BANK INC (A PDB)	8,903,923.91	6,771,132,384.21	0.13%
CTBC BANK (PHILIPPINES) CORPORATION	20,471,106.03	16,454,663,670.26	0.12%
RCBC SAVINGS BANK INC	54,657,565.90	44,130,547,426.57	0.12%
TONG YANG SAVINGS BANK INC	604,910.47	533,403,848.44	0.11%
CHINA BANK SAVINGS INC	9,116,812.76	9,163,092,777.71	0.10%
EQUICOM SAVINGS BANK INC	3,306,846.95	3,550,617,254.72	0.09%
CITY SAVINGS BANK INC	23,309,808.71	25,433,487,097.33	0.09%
FARMERS SAVINGS & LOAN BANK INC	157,318.02	257,411,854.01	0.06%
STANDARD CHARTERED BANK	15,821,850.64	34,107,769,061.36	0.05%
THE BANK OF TOKYO-MITSUBISHI UFJ LTD	14,558,686.13	33,384,952,619.09	0.04%
MAYBANK PHILIPPINES INC	19,187,980.01	47,131,591,824.26	0.04%
UCPB SAVINGS BANK	3,082,045.28	8,506,784,297.90	0.04%
ALLIED SAVINGS BANK	874,982.32	2,479,145,754.66	0.04%
CITIBANK, N.A.	42,584,789.65	177,728,402,037.67	0.02%
BPI FAMILY SAVINGS BANK INC	31,641,899.46	150,764,833,602.85	0.02%
BPI DIRECT SAVINGS BANK INC	1,191,073.19	7,441,467,057.07	0.02%
KOREA EXCHANGE BANK	386,600.00	4,512,297,785.26	0.01%
ISLA BANK (A THRIFT BANK) INC	44,962.58	596,050,431.15	0.01%
UNITED OVERSEAS BANK PHILIPPINES	39,109.09	723,046,562.74	0.01%
ENTERPRISE BANK INC (A THRIFT BANK)	25,000.00	1,503,517,698.76	0.00%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	5,165,020,987.59	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	219,025,051.16	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	6,771,830,916.96	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	6,124,899,516.22	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	41,160,696.39	0.00%
BDO PRIVATE BANK, INC.	0.00	2,330,825,427.42	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	1,063,491,325.12	0.00%
BUSINESS AND CONSUMERS BANK (A DB)	0.00	135,882,075.31	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	908,817,830.54	0.00%
CITIBANK SAVINGS INC	0.00	5,525,018,098.00	0.00%
DEUTSCHE BANK AG	0.00	39,558,052,377.47	0.00%
DUNGGANON BANK (A MICROFINANCE THRIFT	0.00	104,442,925.74	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	31,940,097,811.71	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	67,778,615.66	0.00%
MBANK PHILIPPINES	0.00	37,892,063.28	0.00%
MEGA INTERNATIONAL COMMERCIAL BANK CO LTD	0.00	8,246,864,759.09	0.00%
MERCHANTS SAVINGS & LOAN ASSOCIATION INC	0.00	151,214,341.42	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	86,048,583.03	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	16,819,783.08	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	22,335,372,609.95	0.00%
NORTHPOINT DEV'T BANK INC	0.00	164,703,767.04	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	26,610,305.90	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING	0.00	8,184,606,145.17	0.00%
PHILIPPINE TRUST COMPANY	0.00	42,849,659,957.50	0.00%
PRIDE STAR DEVELOPMENT BANK INC	0.00	36,470,704.16	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	3,066,207.38	0.00%
SUN SAVINGS BANK INC	0.00	211,668,665.38	0.00%
THE REAL BANK (A THRIFT BANK) INC	0.00	4,493,945,574.47	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	464,700,614.89	0.00%
BDO ELITE SAVINGS BANK INC	0.00	0.00	NA
Grand Total	214,006,915,585.78	4,778,785,445,523.38	4.48%

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 21.58% of Stockholders Equity as of December 31, 2013.

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

1. Development Bank of the Philippines (92.20% of SE)
2. Land Bank of the Philippines (89.14% of SE)
3. World Partners Bank (86.60% of SE)

Philippine Banking System
DOSRI as % of Stockholders Equity
December 31, 2013
	DOSRI	SE	DOSRI/SE
Bank	(In Php)	(In PHP)	(In %)
DEVELOPMENT BANK OF THE PHILIPPINES	37,574,318,755.94	40,750,998,289.34	92.20%
LAND BANK OF THE PHILIPPINES	64,464,574,548.46	72,317,804,694.85	89.14%
WORLD PARTNERS BANK (A THRIFT BANK)	84,307,251.37	97,350,763.11	86.60%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	185,722,166.79	242,349,904.07	76.63%
VILLAGE BANK INC (A THRIFT BANK)	40,753,662.01	74,607,045.44	54.62%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	835,541,319.72	1,617,042,495.35	51.67%
CITYSTATE SAVINGS BANK INC	339,050,419.89	771,935,670.79	43.92%
BDO UNIBANK INC	65,547,380,374.73	163,633,762,916.89	40.06%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	22,295,908.52	61,638,110.53	36.17%
EAST WEST BANKING CORP	6,394,361,309.40	19,118,256,899.86	33.45%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	208,965,194.14	656,548,271.48	31.83%
WEALTH DEVELOPMENT BANK CORPORATION	109,099,376.51	363,668,842.05	30.00%
PLANTERS DEVELOPMENT BANK	747,417,240.42	2,709,190,353.46	27.59%
INTER-ASIA DEVELOPMENT BANK	12,932,485.45	52,276,134.45	24.74%
LIFE SAVINGS BANK INC	13,099,034.32	66,553,066.52	19.68%
TOWER DEVELOPMENT BANK	20,499,972.81	112,560,495.06	18.21%
PHILIPPINE POSTAL SAVINGS BANK INC	114,185,917.49	655,747,468.09	17.41%
PHILIPPINE BUSINESS BANK INC A SAVINGS	1,214,795,438.62	7,110,533,709.94	17.08%
ROBINSONS BANK CORPORATION	855,095,968.66	5,172,343,787.97	16.53%
CHINA BANKING CORPORATION	6,890,582,634.89	41,787,498,261.93	16.49%
LUZON DEVELOPMENT BANK	75,026,638.41	481,131,559.05	15.59%
RIZAL COMMERCIAL BANKING CORP	6,403,496,132.18	45,974,823,788.29	13.93%
HIYAS BANKING CORPORATION	22,251,218.46	161,385,481.39	13.79%
PAMPANGA DEVELOPMENT BANK	13,807,365.80	117,192,461.70	11.78%
PHILIPPINE SAVINGS BANK	1,709,337,945.90	15,121,817,848.77	11.30%
DUMAGUETE CITY DEVELOPMENT BANK INC	21,091,594.46	216,227,266.65	9.75%
PRODUCERS SAVINGS BANK CORPORATION	108,679,017.99	1,182,102,090.12	9.19%
BANK OF COMMERCE	1,106,238,611.24	13,817,646,787.11	8.01%
HONGKONG & SHANGHAI BANKING CORPORATION	437,758,104.33	5,856,722,324.95	7.47%
THE PALAWAN BANK (PALAWAN DB) INC	1,905,518.78	26,205,515.71	7.27%
OPTIMUM DEVELOPMENT BANK INC	51,318,945.96	713,108,078.00	7.20%
BANK OF THE PHILIPPINE ISLANDS	6,642,782,937.98	99,164,800,917.73	6.70%
BANK OF AMERICA N.A.	38,381,425.69	596,946,705.20	6.43%
QUEZON COCONUT BANK INC (A THRIFT BANK)	3,267,001.46	58,839,248.19	5.55%
BANK ONE SAVINGS AND TRUST CORP.	29,980,000.00	542,290,082.23	5.53%
COMSAVINGS BANK	11,813,719.08	230,763,397.64	5.12%
MARITIME SAVINGS BANK CORPORATION	3,411,253.64	67,829,316.54	5.03%
PHILIPPINE NATIONAL BANK	3,731,243,805.56	75,851,044,114.67	4.92%
PHIL BANK OF COMMUNICATIONS	220,983,358.86	4,884,526,700.64	4.52%
BATAAN DEVELOPMENT BANK	3,000,000.00	68,240,142.11	4.40%
METROPOLITAN BANK & TRUST CO	5,535,728,765.23	130,413,414,436.45	4.24%
CORDILLERA SAVINGS BANK INC	3,962,864.00	103,395,121.60	3.83%
MALAYAN BANK SAVINGS AND MORT BANK INC	39,934,986.91	1,097,017,961.88	3.64%
JP MORGAN CHASE BANK NATIONAL ASSOCIATION	47,944,968.76	1,556,917,580.74	3.08%
CENTURY SAVINGS BANK CORPORATION	27,482,822.72	911,497,011.92	3.02%
HSBC SAVINGS BANK (PHILS) INC	65,724,577.35	2,825,066,001.29	2.33%
SECURITY BANK SAVINGS CORPORATION	17,436,598.01	1,063,659,584.16	1.64%
UNION BANK OF THE PHILIPPINES	657,282,240.05	40,738,622,254.61	1.61%
ANZ BANKING GROUP LTD	35,803,803.31	2,312,184,822.81	1.55%
SAMPAGUITA SAVINGS BANK INC	737,071.12	56,674,898.04	1.30%
MALASIQUI PROGRESSIVE SLB, INC	700,000.00	54,034,929.02	1.30%
SECURITY BANK CORPORATION	522,680,481.44	40,658,066,501.58	1.29%
ASIA UNITED BANK CORPORATION	219,842,938.31	18,014,404,268.37	1.22%
UNITED COCONUT PLANTERS BANK	222,004,707.36	18,923,327,348.00	1.17%
CHINA BANK SAVINGS INC	9,116,812.76	1,048,818,111.09	0.87%
RCBC SAVINGS BANK INC	54,657,565.90	6,899,395,315.46	0.79%
PHILIPPINE VETERANS BANK	48,927,914.19	6,209,367,453.06	0.79%
CITY SAVINGS BANK INC	23,309,808.71	3,155,445,882.46	0.74%
EQUICOM SAVINGS BANK INC	3,306,846.95	498,166,589.96	0.66%
THE BANK OF TOKYO-MITSUBISHI UFJ LTD	14,558,686.13	2,284,664,024.91	0.64%
CITIBANK, N.A.	42,584,789.65	7,545,425,770.57	0.56%
STANDARD CHARTERED BANK	15,821,850.64	3,310,605,442.92	0.48%
FIRST CONSOLIDATED BANK INC (A PDB)	8,903,923.91	2,189,760,426.95	0.41%
CTBC BANK (PHILIPPINES) CORPORATION	20,471,106.03	6,359,806,854.09	0.32%
MAYBANK PHILIPPINES INC	19,187,980.01	10,219,650,372.27	0.19%
BPI FAMILY SAVINGS BANK INC	31,641,899.46	17,631,547,816.22	0.18%
TONG YANG SAVINGS BANK INC	604,910.47	390,716,494.64	0.15%
FARMERS SAVINGS & LOAN BANK INC	157,318.02	114,015,222.56	0.14%
BPI DIRECT SAVINGS BANK INC	1,191,073.19	972,616,889.68	0.12%
UCPB SAVINGS BANK	3,082,045.28	2,645,570,961.14	0.12%
ALLIED SAVINGS BANK	874,982.32	966,841,559.87	0.09%
KOREA EXCHANGE BANK	386,600.00	618,026,086.10	0.06%
ENTERPRISE BANK INC (A THRIFT BANK)	25,000.00	206,730,309.57	0.01%
ISLA BANK (A THRIFT BANK) INC	44,962.58	648,121,453.33	0.01%
UNITED OVERSEAS BANK PHILIPPINES	39,109.09	700,169,994.52	0.01%
1ST VALLEY BANK INC A DEVELOPMENT BANK	0.00	1,024,055,944.77	0.00%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	0.00	392,277,101.62	0.00%
BANGKOK BANK PUBLIC CO LTD	0.00	1,170,854,993.88	0.00%
BANK OF CHINA LIMITED-MANILA BRANCH	0.00	746,794,923.86	0.00%
BATAAN SAVINGS AND LOAN BANK	0.00	71,501,666.95	0.00%
BDO ELITE SAVINGS BANK INC	0.00	1,592,542,542.62	0.00%
BDO PRIVATE BANK, INC.	0.00	6,182,595,239.49	0.00%
BPI GLOBE BANKO INC A SAVINGS BANK	0.00	222,466,942.65	0.00%
BUSINESS AND CONSUMERS BANK (A DB)	0.00	80,500,827.25	0.00%
CARD SME BANK INC A THRIFT BANK	0.00	274,434,454.71	0.00%
CITIBANK SAVINGS INC	0.00	1,588,734,573.60	0.00%
DEUTSCHE BANK AG	0.00	2,038,174,079.87	0.00%
DUNGGANON BANK (A MICROFINANCE THRIFT	0.00	84,914,347.98	0.00%
INTERNATIONALE NEDERLANDEN GROEP BK	0.00	3,132,011,905.89	0.00%
LEMERY SAVINGS & LOAN BANK, INC.	0.00	68,914,048.64	0.00%
MBANK PHILIPPINES	0.00	125,138,767.06	0.00%
MEGA INTERNATIONAL COMMERCIAL BANK CO LTD	0.00	757,011,827.28	0.00%
MERCHANTS SAVINGS & LOAN ASSOCIATION INC	0.00	488,242,200.45	0.00%
METRO CEBU PUBLIC SAVINGS BANK	0.00	63,038,890.96	0.00%
MICROFINANCE MAXIMUM SB INC	0.00	45,791,031.87	0.00%
MIZUHO BANK LTD - MANILA BRANCH	0.00	1,319,435,712.15	0.00%
NORTHPOINT DEV'T BANK INC	0.00	74,030,797.44	0.00%
PACIFIC ACE SAVINGS BANK INC	0.00	75,606,367.84	0.00%
PHILIPPINE RESOURCES SAVINGS BANKING	0.00	1,600,287,621.08	0.00%
PHILIPPINE TRUST COMPANY	0.00	20,441,716,930.88	0.00%
PRIDE STAR DEVELOPMENT BANK INC	0.00	69,890,199.26	0.00%
PROGRESS SAVINGS AND LOAN BANK INC	0.00	83,008,094.43	0.00%
SUN SAVINGS BANK INC	0.00	104,623,612.45	0.00%
THE REAL BANK (A THRIFT BANK) INC	0.00	806,215,196.88	0.00%
UNIVERSITY SAVINGS BANK INC	0.00	213,776,498.41	0.00%
Grand Total	214,006,915,585.78	1,000,788,644,101.93	21.38%

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 997.368 million, or 0.47% of its DOSRI Loans fell past due as of December 31, 2013.  Of the seventy-five banks with DOSRI Loans, sixty banks had zero past due DOSRI Loans.  No banks had past due DOSRI Loans exceeding 30% of their Total DOSRI Loan Portfolio.

Philippine Banking System
DOSRI Past Due as % of DOSRI
September 30, 2013
	DOSRI Past Due	DOSRI	DOSRI Past Due/DOSRI
Bank	(In PHP)	(In PHP)	(In %)
PHILIPPINE SAVINGS BANK	449,888,803.99	1,709,337,945.90	26.32%
DUMAGUETE CITY DEVELOPMENT BANK INC	2,600,000.00	21,091,594.46	12.33%
RIZAL COMMERCIAL BANKING CORP	526,027,298.14	6,403,496,132.18	8.21%
UNITED COCONUT PLANTERS BANK	3,301,611.26	222,004,707.36	1.49%
CITY SAVINGS BANK INC	54,277.24	23,309,808.71	0.23%
BANK OF THE PHILIPPINE ISLANDS	9,435,548.05	6,642,782,937.98	0.14%
UNITED OVERSEAS BANK PHILIPPINES	38.00	39,109.09	0.10%
EAST WEST BANKING CORP	3,906,051.48	6,394,361,309.40	0.06%
CITIBANK, N.A.	18,313.33	42,584,789.65	0.04%
PHIL BANK OF COMMUNICATIONS	33,481.24	220,983,358.86	0.02%
BDO UNIBANK INC	1,826,954.37	65,547,380,374.73	0.00%
CHINA BANKING CORPORATION	120,467.96	6,890,582,634.89	0.00%
PHILIPPINE NATIONAL BANK	30,842.68	3,731,243,805.56	0.00%
UCPB SAVINGS BANK	8.00	3,082,045.28	0.00%
LAND BANK OF THE PHILIPPINES	124,000.00	64,464,574,548.46	0.00%
ALLIED SAVINGS BANK	0.00	874,982.32	0.00%
ANZ BANKING GROUP LTD	0.00	35,803,803.31	0.00%
ASIA UNITED BANK CORPORATION	0.00	219,842,938.31	0.00%
BANK OF AMERICA N.A.	0.00	38,381,425.69	0.00%
BANK OF COMMERCE	0.00	1,106,238,611.24	0.00%
BANK ONE SAVINGS AND TRUST CORP.	0.00	29,980,000.00	0.00%
BATAAN DEVELOPMENT BANK	0.00	3,000,000.00	0.00%
BPI DIRECT SAVINGS BANK INC	0.00	1,191,073.19	0.00%
BPI FAMILY SAVINGS BANK INC	0.00	31,641,899.46	0.00%
CENTURY SAVINGS BANK CORPORATION	0.00	27,482,822.72	0.00%
CHINA BANK SAVINGS INC	0.00	9,116,812.76	0.00%
CITYSTATE SAVINGS BANK INC	0.00	339,050,419.89	0.00%
COMSAVINGS BANK	0.00	11,813,719.08	0.00%
CORDILLERA SAVINGS BANK INC	0.00	3,962,864.00	0.00%
CTBC BANK (PHILIPPINES) CORPORATION	0.00	20,471,106.03	0.00%
DEVELOPMENT BANK OF THE PHILIPPINES	0.00	37,574,318,755.94	0.00%
ENTERPRISE BANK INC (A THRIFT BANK)	0.00	25,000.00	0.00%
EQUICOM SAVINGS BANK INC	0.00	3,306,846.95	0.00%
FARMERS SAVINGS & LOAN BANK INC	0.00	157,318.02	0.00%
FIRST CONSOLIDATED BANK INC (A PDB)	0.00	8,903,923.91	0.00%
HIYAS BANKING CORPORATION	0.00	22,251,218.46	0.00%
HONGKONG & SHANGHAI BANKING CORPORATION	0.00	437,758,104.33	0.00%
HSBC SAVINGS BANK (PHILS) INC	0.00	65,724,577.35	0.00%
INTER-ASIA DEVELOPMENT BANK	0.00	12,932,485.45	0.00%
ISLA BANK (A THRIFT BANK) INC	0.00	44,962.58	0.00%
JP MORGAN CHASE BANK NATIONAL ASSOCIATION	0.00	47,944,968.76	0.00%
KOREA EXCHANGE BANK	0.00	386,600.00	0.00%
LIFE SAVINGS BANK INC	0.00	13,099,034.32	0.00%
LUZON DEVELOPMENT BANK	0.00	75,026,638.41	0.00%
MALASIQUI PROGRESSIVE SLB, INC	0.00	700,000.00	0.00%
MALAYAN BANK SAVINGS AND MORT BANK INC	0.00	39,934,986.91	0.00%
MARITIME SAVINGS BANK CORPORATION	0.00	3,411,253.64	0.00%
MAYBANK PHILIPPINES INC	0.00	19,187,980.01	0.00%
METROPOLITAN BANK & TRUST CO	0.00	5,535,728,765.23	0.00%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK)	0.00	22,295,908.52	0.00%
OPTIMUM DEVELOPMENT BANK INC	0.00	51,318,945.96	0.00%
PAMPANGA DEVELOPMENT BANK	0.00	13,807,365.80	0.00%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	0.00	185,722,166.79	0.00%
PHILIPPINE BUSINESS BANK INC A SAVINGS	0.00	1,214,795,438.62	0.00%
PHILIPPINE POSTAL SAVINGS BANK INC	0.00	114,185,917.49	0.00%
PHILIPPINE VETERANS BANK	0.00	48,927,914.19	0.00%
PLANTERS DEVELOPMENT BANK	0.00	747,417,240.42	0.00%
PRODUCERS SAVINGS BANK CORPORATION	0.00	108,679,017.99	0.00%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	0.00	208,965,194.14	0.00%
QUEZON COCONUT BANK INC (A THRIFT BANK)	0.00	3,267,001.46	0.00%
RCBC SAVINGS BANK INC	0.00	54,657,565.90	0.00%
ROBINSONS BANK CORPORATION	0.00	855,095,968.66	0.00%
SAMPAGUITA SAVINGS BANK INC	0.00	737,071.12	0.00%
SECURITY BANK CORPORATION	0.00	522,680,481.44	0.00%
SECURITY BANK SAVINGS CORPORATION	0.00	17,436,598.01	0.00%
STANDARD CHARTERED BANK	0.00	15,821,850.64	0.00%
STERLING BANK OF ASIA INC (A SAVINGS BANK)	0.00	835,541,319.72	0.00%
THE BANK OF TOKYO-MITSUBISHI UFJ LTD	0.00	14,558,686.13	0.00%
THE PALAWAN BANK (PALAWAN DB) INC	0.00	1,905,518.78	0.00%
TONG YANG SAVINGS BANK INC	0.00	604,910.47	0.00%
TOWER DEVELOPMENT BANK	0.00	20,499,972.81	0.00%
UNION BANK OF THE PHILIPPINES	0.00	657,282,240.05	0.00%
VILLAGE BANK INC (A THRIFT BANK)	0.00	40,753,662.01	0.00%
WEALTH DEVELOPMENT BANK CORPORATION	0.00	109,099,376.51	0.00%
WORLD PARTNERS BANK (A THRIFT BANK)	0.00	84,307,251.37	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
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 SAVINGS INC	0.00	0.00	NA
DEUTSCHE BANK AG	0.00	0.00	NA
DUNGGANON BANK (A MICROFINANCE THRIFT	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	0.00	0.00	NA
MEGA INTERNATIONAL COMMERCIAL BANK CO LTD	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 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	0.00	0.00	NA
PHILIPPINE TRUST COMPANY	0.00	0.00	NA
PRIDE STAR DEVELOPMENT BANK INC	0.00	0.00	NA
PROGRESS SAVINGS AND LOAN BANK INC	0.00	0.00	NA
SUN SAVINGS BANK INC	0.00	0.00	NA
THE REAL BANK (A THRIFT BANK) INC	0.00	0.00	NA
UNIVERSITY SAVINGS BANK INC	0.00	0.00	NA
Grand Total	997,367,695.74	214,006,915,585.78	0.47%

Source: www.bsp.gov.ph