Comparison of Five Commercial Banks - BD

AB Bank Amounts in BDT millions

Balance Sheet (Unconsolidated) B1Dec/13 B1Dec/12 B1Dec/11 B1Dec/10 Avg for 2013 Avg for 2012 Avg for 2011 % TA, 2013 % TA, 2012 % TA, 2011 % TA, 2010

ASSETS

Cash in hand 1325 1232 998 793 1,279 1,115 896 0.64 0.71 1.07 0.65 0.73 0.60 0.63 7.55 23.45 36.38 25.85 24.00

Balance with Bangladesh Bank and agents 10034 8391 8,364 5,822 9,213 8,378 7,093 4.82 4.83 5.40 5.47 6.02 4.39 5.38 19.58 0.32 17.33 43.66 33.98

Total Cash 11,359 9,623 9,362 6,615 10,491 9,493 7,989 5.46 5.54 6.75 6.12 6.75 4.99 6.21 18.04 2.79 19.86 41.53 29.96

Balance with other banks and financial institutions inside Bangladesh 4744 5616 5,660 3,883 5,180 5,638 4,772 2.28 3.23 1.23 3.70 1.90 2.93 1.49 (15.53) (0.78) 8.35 45.76 45.76

Balance with other banks and financial institutions outside Bangladesh 2495 3261 2,502 2,416 2,878 2,882 2,459 1.20 1.88 0.41 1.64 0.57 1.82 0.71 (23.49) 30.34 51.65 3.56 3.56

Total balance with other banks and financial institutions 7,239 8,877 8,162 6,299 8,058 8,520 7,231 3.48 5.11 1.59 5.34 2.21 4.75 2.30 (18.45) 8.76 18.32 29.58 46.33

Money at call and short notice 991 3671 666 380 2,331 2,169 523 0.48 2.11 0.48 0.44 0.44 0.29 0.39 (73.00) 451.20 0.00 75.26 75.26

Government securities 22328 19744 16,114 10,926 21,036 17,929 13,520 10.73 11.36 13.76 10.53 10.53 8.23 9.84 13.09 22.53 29.14 47.48 47.48

Other securities 6348 6371 5,442 3,637 6,360 5,907 4,540 3.05 3.66 1.96 3.56 1.82 2.74 2.03 (0.36) 17.07 17.07 49.63 16.67

Total investments 28,676 26,115 21,556 14,563 27,396 23,836 18,060 13.79 15.02 15.72 14.09 14.09 10.98 12.75 9.81 21.15 26.88 48.02 48.02

Loans, cash credit, overdrafts, etc. 139,068 105,374 93,411 85,598 122,221 99,393 89,505 66.86 60.61 63.74 61.07 65.27 64.51 65.85 31.98 12.81 18.09 9.13 18.46

Bills purchased and discounted 1,054 692 1,227 2,404 873 960 1,816 0.51 0.40 2.55 0.80 2.93 1.81 4.22 52.31 (43.60) 9.22 (48.96) (7.79)

Total loans and advances 140,122 106,066 94,638 88,002 123,094 100,352 91,320 67.36 61.01 65.68 61.87 68.39 66.32 71.83 32.11 12.08 18.34 7.54 16.33

Fixed assets including premises, furniture, and fixtures 4,173 4,230 3,854 3,926 4,202 4,042 3,890 2.01 2.43 2.63 2.52 1.99 2.96 1.51 (1.35) 9.76 9.76 (1.83) 63.59

Other assets 15,446 15,261 14,725 12,906 15,354 14,993 13,816 7.43 8.78 3.45 9.63 3.62 9.73 4.44 1.21 3.64 3.27 14.09 14.09

Non-banking assets - - - - - - - - - - - - - - (1.00) - -1.00 - -

Dec 09 assets Av.A 2010

Total assets 208,006 173,843 152,963 132,691 190,925 163,403 142,827 100.00 100.00 100.00 100.00 100.00 100.00 100.00 19.65 13.65 20.15 15.28 19.71 106,912 119,802

LIABILITIES AND CAPITAL

Borrowings from other banks, financial institutions, and agents 7,972 439 6,741 9,473 4,206 3,590 8,107 3.83 0.25 1.50 4.41 1.73 7.14 0.20 1,715.95 (93.49) 0.00 (28.84) -

Borrowings from Bangladesh Bank 2,015 3,210 3,507 4,727 2,613 3,359 4,117 0.97 1.85 0.48 2.29 0.29 3.56 0.54 (37.23) (8.47) 0.00 (25.81) (25.81)

Total borrowings from other banks, financial institutions, and agents 9,987 3,649 10,248 14,200 6,818 6,949 12,224 4.80 2.10 1.69 6.70 2.01 10.70 0.74 173.69 (64.39) 0.00 (27.83) 110.40

Subordinated debt - - - - - - - - - - - - - - (1.00) - 0.00 - -

Current accounts and other accounts 15,742 13,488 12,508 12,316 14,615 12,998 12,412 7.57 7.76 9.74 8.18 9.68 9.28 10.83 16.71 7.83 15.85 1.56 1.56

Bills payable 1,140 1,467 1,252 1,341 1,304 1,360 1,297 0.55 0.84 0.87 0.82 0.98 1.01 1.02 (22.29) 17.17 15.15 (6.64) 13.30

Savings and special notice deposits 17,093 14,861 26,701 22,452 15,977 20,781 24,577 8.22 8.55 8.22 17.46 8.77 16.92 9.91 15.02 (44.34) 24.12 18.92 15.64

Fixed deposits 91,742 80,453 68,077 53,631 86,098 74,265 60,854 44.11 46.28 62.36 44.51 62.79 40.42 61.72 14.03 18.18 18.91 26.94 26.94

Bearer certificates of deposit - - 130 130 - 65 130 (1.00) - - - (100.00) 0.00 - -

Other deposits 36,128 29,758 7,483 5,832 32,943 18,621 6,658 17.37 17.12 - 4.89 - 4.40 - 21.41 297.67 0.00 28.31 -

Total deposits (includes deposits from other banks) 161,845 140,027 116,151 95,702 150,936 128,089 105,927 77.81 80.55 81.69 75.93 80.54 72.12 81.65 15.58 20.56 20.56 21.37 21.37

Other liabilities 19,232 14,133 11,710 8,922 16,683 12,922 10,316 9.25 8.13 6.18 7.66 5.19 6.72 4.98 36.08 20.69 24.28 31.25 31.25

- - -

Total liabilities 191,064 157,809 138,109 118,824 174,437 147,959 128,467 91.86 90.78 91.03 90.29 90.55 89.55 90.66 21.07 14.26 22.67 16.23 20.71

Dec 09 capital Av C 2010

Total capital 16,940 16,034 14,853 13,867 16,487 15,444 14,360 8.14 9.22 9.06 9.71 9.57 10.45 10.45 5.65 7.95 8.61 7.11 13.19 10,158 12,013

Total liabilities and capital 208,004 173,843 152,962 132,691 190,924 163,403 142,827 100.00 100.00 100.00 100.00 100.00 100.00 100.00 19.65 13.65 20.15 15.28 19.71

Profit and Loss Account (Unconsolidated)2013 2012 2011 2010

%ATA 2013 %ATA 2012 %ATA 2011 %ATA 2010

Interest income 17,953 15,714 12,831 9,840 9.40 9.62 9.40 8.98 #REF! 8.21 9.73 14.25 22.47 31.19 30.40 35.26

Interest expense 14,174 12,592 10,437 6,359 7.42 7.71 7.42 7.31 #REF! 5.31 6.20 12.56 20.65 29.87 64.13 61.66

Subtotal: Net interest income 3,779 3,122 2,394 3,481 1.98 1.91 1.98 1.68 #REF! 2.91 3.58 21.04 30.41 32.36 (31.23) (5.43)

Investment income 2,842 2,714 2,641 5,060 1.49 1.66 1.49 1.85 #REF! 4.22 3.06 4.72 2.76 2.76 (47.81) (11.72)

Commission, exchange, and brokerage income 3,021 2,461 2,213 2,117 1.58 1.51 1.13 1.55 #REF! 1.77 #REF! 22.75 11.21 2.21 4.53 19.18

Other operating (non-interest) income 114 137 495 239 0.06 0.08 0.35 0.35 #REF! 0.20 0.35 (16.79) (72.32) 0.79 107.11 18.58

Subtotal: Non-interest income 5,977 5,312 5,349 7,416 3.13 3.25 3.13 3.75 #REF! 6.19 5.01 12.52 (0.69) -0.69 (27.87) 2.75

Subtotal: Total operating income 9,756 8,434 7,743 10,897 5.11 5.16 5.36 5.42 #REF! 9.10 8.97 15.67 8.92 8.92 (28.94) 3.22

Salaries and allowances 2,082 1,868 1,669 1,803 1.09 1.14 1.22 1.17 #REF! 1.50 1.67 11.46 11.92 29.88 (7.43) 15.91

Rent, taxes, insurance, electricity, etc. (occupancy expense) 467 410 339 271 0.24 0.25 0.24 0.24 #REF! 0.23 0.29 13.90 20.94 26.74 25.09 22.22

Legal expenses 13 10 5 13 0.01 0.01 0.01 0.00 #REF! 0.01 0.01 30.00 100.00 81.25 (61.54) (20.00)

Postage, stamps, telecommunication, etc. 139 139 105 102 0.07 0.09 0.06 0.07 #REF! 0.09 0.08 - 32.38 13.19 2.94 13.95

Stationery, printing, advertisement, etc. 165 158 138 139 0.09 0.10 0.09 0.10 #REF! 0.12 0.13 4.43 14.49 14.49 (0.72) 25.79

CEO salary and fees 11 9 10 10 0.01 0.01 0.01 0.01 #REF! 0.01 0.01 22.22 (10.00) 0.00 - 10.00

Directors' fees and expenses 3 3 2 2 0.00 0.00 0.00 0.00 #REF! 0.00 0.00 - 50.00 0.00 - -

Auditors' fee 2 5 2 2 0.00 0.00 0.00 0.00 #REF! 0.00 0.00 (60.00) 150.00 0.00 - -

Depreciation on and repairs to bank's assets 576 379 303 239 0.30 0.23 0.18 0.21 #REF! 0.20 0.20 51.98 25.08 25.08 26.78 36.69

Other (non-interest) expense 1,006 1,093 858 909 0.53 0.67 0.41 0.60 #REF! 0.76 0.62 (7.96) 27.39 16.50 (5.61) 5.09

Subtotal: Total operating expenses (general/administrative expense) 4,464 4,074 3,431 3,490 2.34 2.49 2.34 2.40 #REF! 2.91 2.91 9.57 18.74 18.74 (1.69) 15.84

Subtotal: Profit/(loss) before provisions 5,292 4,360 4,312 7,407 2.77 2.67 3.11 3.02 #REF! 6.18 5.81 21.38 1.11 1.11 (41.78) (5.73)

Provision for loans and advances 1,667 712 385 709 0.87 0.44 0.59 0.27 #REF! 0.59 0.59 134.13 84.94 63.93 (45.70) (5.29)

Provision for diminution in value of investments 398 376 940 141 0.21 0.23 0.01 0.66 #REF! 0.12 #REF! 5.85 (60.00) -46.76 566.67 (100.00)

Provision for off-balance-sheet items 240 84 30 100 0.13 0.05 0.07 0.02 #REF! 0.08 0.15 185.71 180.00 3.35 (70.00) (51.85)

Other provisions - - - 100 - - 0.00 - #REF! 0.08 0.03 (1.00) - 100.00 (100.00) (98.98)

Subtotal: Total provision 2,305 1,172 1,355 1,050 1.21 0.72 0.72 0.95 #REF! 0.88 0.88 96.67 (13.51) 26.11 29.05 22.41

Profit/(loss) before taxes 2,987 3,188 2,957 6,357 1.56 1.95 1.91 2.07 #REF! 5.31 5.16 (6.30) 7.81 -7.82 (53.48) (11.72)

Provision for current tax expense 1,976 1,708 1,698 2,703 1.03 1.05 1.03 1.19 #REF! 4.51 #REF! 15.69 0.59 0.59 (37.18) 10.95

Provision for deferred tax expense/(deferred tax income) (3) 43 (68) (41) (0.00) 0.03 - (0.05) #REF! (0.03) 0.01 (106.98) (163.24) -95.24 65.85 40.00

Subtotal: Total provision for tax 1,973 1,751 1,630 2,662 1.03 1.07 1.03 1.14 #REF! 2.22 1.77 12.68 7.42 7.42 (38.77) 11.15

Total profit/(loss) after taxes 1,014 1,437 1,327 3,695 0.53 0.88 1.42 0.93 #REF! 3.08 3.08 ROA (29.44) 8.29 -14.65 (64.09) (23.28)

Memo Items6.15 9.30 #REF! 9.24 #REF! 30.76 31.09 ROE -

Core income (estimated) 6,184 5,316 4,675 8,077 3.24 3.25 #REF! 3.27 #REF! 6.74 5.77 32.28 13.65 (42.12) (5.67)

Efficiency ratio 2.79 2.78 2.73 2.82 3.09 4.13 3.55 -

Cash inflow from interest receipts 17,457 15,714 12,831 9,840 97.24 100.00 107.28 100.00 108.17 100.00 106.98 -

Other Operating Income - Other Operating Expense (892) (956) (363) (670) (0.47) (0.59) #REF! (0.25) #REF! (0.56) (0.08) 145.73 (57.58) (45.82) (4.74)

Adjusted Operating Expense 3,458 2,981 2,573 2,581 1.81 1.82 #REF! 1.80 #REF! 2.15 2.47 34.40 41.77 (0.31) 20.08

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010

%Change, 12 to 13

%Change, 11 to 12

Median %Change, 11 to 12

%Change, 10 to 11


Median %ATA 2012

Median %ATA 2011

Median %ATA 2010

%Change, 12 to 13

%Change, 11 to 12


%Change, 10 to 11


(as % of interest income)

Southeast Bank Amounts in BDT millions


ASSETS

Cash in hand 1,803 1,402 1,028 829 1,603 1,215 929 0.82 0.74 1.07 0.65 0.73 0.63 0.63 28.6

Balance with Bangladesh Bank and agents 10,955 9,432 8,004 6,469 10,194 8,718 7,237 4.97 4.97 5.40 5.07 6.02 4.90 5.38 16.1

Total Cash 12,758 10,834 9,032 7,298 11,796 9,933 8,165 5.78 5.71 6.75 5.72 6.75 5.53 6.21 17.8

Balance with other banks and financial institutions inside Bangladesh 2,707 2,518 1,343 1,972 2,613 1,931 1,658 1.23 1.33 1.23 0.85 1.90 1.49 1.49 7.5

Balance with other banks and financial institutions outside Bangladesh 695 757 337 1,059 726 547 698 0.32 0.40 0.41 0.21 0.57 0.80 0.71 (8.2)

Total balance with other banks and financial institutions 3,402 3,275 1,680 3,031 3,339 2,478 2,356 1.54 1.73 1.59 1.06 2.21 2.30 2.30 3.9

Money at call and short notice 1,009 969 428 510 989 699 469 0.46 0.51 0.48 0 0.44 0 0.39 4.1

Government securities 50,861 34,077 26,388 16,603 42,469 30,233 21,496 23.06 17.96 13.76 16.71 10.53 12.58 9.84 49.3

Other securities 4,975 2,561 2,488 1,724 3,768 2,525 2,106 2.26 1.35 1.96 1.58 1.82 1.31 2.03 94.3

Total investments 55,836 36,638 28,876 18,327 46,237 32,757 23,602 25.31 19.30 15.72 18.28 14.09 13.89 12.75 52.4

Loans, cash credit, overdrafts, etc. 130,011 121,538 102,922 86,880 125,775 112,230 94,901 58.94 64.04 63.74 65.16 65.27 65.85 65.85 7.0

Bills purchased and discounted 5,679 5,730 4,625 5,572 5,705 5,178 5,099 2.57 3.02 2.55 2.93 2.93 4.22 4.22 (0.9)

Total loans and advances 135,690 127,268 107,547 92,452 131,479 117,408 100,000 61.52 67.06 65.68 68.09 68.39 70.07 71.83 6.6

Fixed assets including premises, furniture, and fixtures 7,642 7,613 7,301 4,463 7,628 7,457 5,882 3.46 4.01 2.63 4.62 1.99 3.38 1.51 0.4

Other assets 4,241 3,190 3,089 5,864 3,716 3,140 4,477 1.92 1.68 3.45 1.96 3.62 4.44 4.44 32.9

Non-banking assets - - - - - - - - - - - 0.00 - 0.00

Total assets 220,578 189,787 157,953 131,945 205,183 173,870 144,949 100 100 100.00 100 100.00 100 100.00 16.2


Borrowings from other banks, financial institutions, and agents 6,476 5,332 2,730 269 5,904 4,031 1,500 2.94 2.81 1.50 1.73 1.73 0.20 0.20 21.5

Borrowings from Bangladesh Bank 1,445 1,522 438 707 1,484 980 573 0.66 0.80 0.48 0.28 0.29 0.54 0.54 (5.1)

Total borrowings from other banks, financial institutions, and agents 7,921 6,854 3,168 976 7,388 5,011 2,072 3.59 3.61 1.69 2.01 2.01 0.74 0.74 15.6

- -

Subordinated debt - - - - - - - - - - - - - - (1.0)

- -

Current accounts and other accounts 14,201 12,189 9,284 10,049 13,195 10,737 9,667 6.44 6.42 9.74 5.88 9.68 7.62 10.83 16.5

Bills payable 1,915 1,756 1,525 1,346 1,836 1,641 1,436 0.87 0.93 0.87 0.97 0.98 1.02 1.02 9.1

Savings and special notice deposits 14,119 8,515 6,657 5,774 11,317 7,586 6,216 6.40 4.49 8.22 4.21 8.77 4.38 9.91 65.8

Fixed deposits 147,273 130,490 109,743 90,561 138,882 120,117 100,152 66.77 68.76 62.36 69.48 62.79 68.64 61.72 12.9

Bearer certificates of deposit - - - - - - - (1.00) - - -

Other deposits - - - - - - - - - - - - - - -

Total deposits (includes deposits from other banks) 177,508 152,950 127,209 107,730 165,229 140,080 117,470 80.47 80.59 81.69 80.54 80.54 81.65 81.65 16.1

Other liabilities 13,233 10,180 8,191 6,092 11,707 9,186 7,142 6.00 5.36 6.18 5.19 5.19 4.62 4.98 30.0

Total liabilities 198,662 169,984 138,568 114,798 184,323 154,276 126,683 90.06 89.57 91.03 87.73 90.55 87.00 90.66 16.9

Total capital 21,916 19,803 19,384 17,145 20,860 19,594 18,265 9.94 10.43 9.06 12.27 9.57 12.99 10.45 10.7

Total liabilities and capital 220,578 189,787 157,952 131,943 205,183 173,870 144,948 100.00 100.00 100.00 100.00 100.00 100.00 100.00 16.2

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010

%Change, 12 to 13


%ATA 2013 %ATA 2012 %ATA 2011 %ATA 2010

Interest income 19,218 17,369 13,874 10,257 9.37 9.99 9.40 #REF! #REF! 8.39 9.73 10.65

Interest expense 17,239 15,303 11,783 7,581 8.40 10.56 7.42 #REF! #REF! 6.20 6.20 12.65

Subtotal: Net interest income 1,979 2,066 2,091 2,676 0.96 1.43 1.98 #REF! #REF! 2.19 3.58 (4.21)

Investment income 4,713 3,209 3,268 3,788 2.30 1.85 1.49 #REF! #REF! 3.10 3.06 46.87

Commission, exchange, and brokerage income 2,440 2,054 2,275 1,701 1.19 1.18 1.13 #REF! #REF! #REF! #REF! 18.79

Other operating (non-interest) income 449 377 431 325 6.08 7.52 0.35 #REF! #REF! 0.27 0.35 19.10

Subtotal: Non-interest income 7,602 5,640 5,974 5,814 102.90 112.55 3.13 #REF! #REF! 4.75 5.01 34.79

Subtotal: Total operating income 9,581 7,706 8,065 8,490 4.67 4.43 5.36 #REF! #REF! 6.94 8.97 24.33

Salaries and allowances 1,255 980 845 729 0.61 0.56 1.22 #REF! #REF! 0.60 1.67 28.06

Rent, taxes, insurance, electricity, etc. (occupancy expense) 469 367 280 228 0.23 0.21 0.24 #REF! #REF! 0.19 0.29 27.79

Legal expenses 1 1 4 - 0.00 0.00 0.01 #REF! #REF! - 0.01 -

Postage, stamps, telecommunication, etc. 129 103 91 78 0.06 0.06 0.06 #REF! #REF! 0.06 0.08 25.24

Stationery, printing, advertisement, etc. 112 106 110 81 0.05 0.06 0.09 #REF! #REF! 0.07 0.13 5.66

CEO salary and fees 9 11 11 10 0.00 0.01 0.01 #REF! #REF! 0.01 0.01 (18.18)

Directors' fees and expenses 2 3 3 3 0.00 0.00 0.00 #REF! #REF! 0.00 0.00 (33.33)

Auditors' fee 1 1 1 1 0.00 0.00 0.00 #REF! #REF! 0.00 0.00 -

Depreciation on and repairs to bank's assets 295 245 254 183 0.14 0.14 0.18 #REF! #REF! 0.15 0.20 20.41

Other (non-interest) expense 420 454 652 421 0.20 0.26 0.41 #REF! #REF! 0.34 0.62 (7.49)

Subtotal: Total operating expenses (general/administrative expense) 2,693 2,271 2,251 1,734 1.31 1.31 2.34 #REF! #REF! 1.42 2.91 18.58

Subtotal: Profit/(loss) before provisions 6,888 5,435 5,814 6,756 3.36 3.13 3.11 #REF! #REF! 5.52 5.81 26.73

Provision for loans and advances 548 1,336 815 1,644 0.27 0.77 0.59 #REF! #REF! 1.34 0.59 (58.98)

Provision for diminution in value of investments 181 345 648 (16) 0.09 0.20 0.01 #REF! #REF! #REF! #REF! (47.54)

Provision for off-balance-sheet items 102 157 - 203 0.05 0.09 0.07 #REF! #REF! 0.17 0.15 (1.00)

Other provisions 12 12 4 1 0.01 0.01 0.00 #REF! #REF! 0.00 0.03 -

Subtotal: Total provision 843 1,850 1,467 1,832 0.41 1.06 0.72 #REF! #REF! 1.50 0.88 (54.43)

Profit/(loss) before taxes 6,045 3,585 4,347 4,924 2.95 2.06 1.91 #REF! #REF! 4.03 5.16 68.62

Provision for current tax expense 2,700 1,924 2,381 2,146 1.32 1.11 1.03 #REF! #REF! #REF! #REF! 40.33

Provision for deferred tax expense/(deferred tax income) - 1 21 15 - 0.00 - #REF! #REF! 0.01 0.01 (100.00)

Subtotal: Total provision for tax 2,700 1,925 2,402 2,161 1.32 1.11 1.03 #REF! #REF! 1.77 1.77 40.26

Total profit/(loss) after taxes 3,345 1,660 1,945 2,763 1.63 0.95 1.42 #REF! #REF! 2.26 3.08 ROA 101.51

Memo Items#REF! #REF! 19.41 31.09 ROE

Core income (estimated) 6,859 5,512 6,035 6,852 3.94 3.80 #REF! #REF! #REF! 5.60 5.77

Efficiency ratio 4.02 4.03 2.73 4.77 3.09 6.22 3.55

Cash inflow from interest receipts 23,770 19,777 15,765 11,717 11.58 11.37 107.28 113.63 108.17 114.23 106.98

Other Operating Income - Other Operating Expense 29 (77) (221) (96) 0.01 (0.04) #REF! #REF! #REF! (0.08) (0.08)

Adjusted Operating Expense 2,273 1,817 1,599 1,313 1.11 1.05 #REF! #REF! #REF! 1.07 2.47

Median %ATA 2012

Median %ATA 2011

Median %ATA 2010

%Change, 12 to 13


36.4 36.38 24.0 24.00

17.8 17.33 23.7 33.98

20.0 19.86 23.8 29.96

87.5 8.35 (31.9) 45.76

124.6 51.65 (68.2) 3.56

94.9 18.32 (44.6) 46.33

126.4 0.00 (16.1) 75.26

29.1 29.14 58.9 47.48

2.9 17.07 44.3 16.67

26.9 26.88 57.6 48.02

18.1 18.09 18.5 18.46

23.9 9.22 (17.0) -7.79

18.3 18.34 16.3 16.33

4.3 9.76 63.6 63.59

3.3 3.27 (47.3) 14.09

-1.00 - 0.00

Dec 09 asset Av.A 2010

20.2 20.15 19.7 19.71 112,677 122,311

95.3 0.00 914.9 -

247.5 0.00 (38.0) (25.81)

116.4 0.00 224.6 110.40

-

- 0.00 - -

-

31.3 15.85 (7.6) 1.56

15.1 15.15 13.3 13.30

27.9 24.12 15.3 15.64

18.9 18.91 21.2 26.94

- 0.00 - -

- 0.00 - -

20.2 20.56 18.1 21.37

24.3 24.28 34.5 31.25

22.7 22.67 20.7 20.71

Dec 09 capitaAv C 2010

2.2 8.61 13.1 13.19 11,329 14,237

20.2 20.15 19.7 19.71

%Change, 11 to 12


%Change, 10 to 11


25.19 31.19 35.26 35.26

29.87 29.87 55.43 61.66

(1.20) 32.36 (21.86) (5.43)

(1.81) 2.76 (13.73) (11.72)

(9.71) 2.21 33.74 19.18

(12.53) 0.79 32.62 18.58

(5.59) -0.69 2.75 2.75

(4.45) 8.92 (5.01) 3.22

15.98 29.88 15.91 15.91

31.07 26.74 22.81 22.22

(75.00) 81.25 - (20.00)

13.19 13.19 16.67 13.95

(3.64) 14.49 35.80 25.79

- 0.00 10.00 10.00

- 0.00 - -

- 0.00 - -

(3.54) 25.08 38.80 36.69

(30.37) 16.50 54.87 5.09

0.89 18.74 29.82 15.84

(6.52) 1.11 (13.94) (5.73)

63.93 63.93 (50.43) (5.29)

(46.76) -46.76 (4,150.00) (100.00)

- 3.35 (100.00) (51.85)

200.00 100.00 300.00 (98.98)

26.11 26.11 (19.92) 22.41

(17.53) -7.82 (11.72) (11.72)

(19.19) 0.59 10.95 10.95

(95.24) -95.24 40.00 40.00

(19.86) 7.42 11.15 11.15

(14.65) -14.65 (29.61) (23.28)

-

13.65 13.65 (11.92) (5.67)

(113.12) (57.58) 130.21 (4.74)

42.15 41.77 21.78 20.08

%Change, 11 to 12


%Change, 10 to 11


ONE Bank Amounts in BDT millions

Balance Sheet (Unconsolidated) B1Dec/13 ### ### ### Avg for 2013 Avg for 2012 Avg for 2011 % TA, 2013 % TA, 2012 % TA, 2011 % TA, 2010

ASSETS

Cash in hand 1,099 696 561 364 898 629 463 1.07 0.82 1.07 0.83 0.73 0.62 0.63 57.9 24.1

Balance with Bangladesh Bank and agents 7,723 6,873 4,274 4,377 7,298 5,574 4,326 7.52 8.13 5.40 6.32 6.02 7.45 5.38 12.4 60.8

Total Cash 8,822 7,569 4,835 4,741 8,196 6,202 4,788 8.59 8.95 6.75 7.15 6.75 8.07 6.21 16.6 56.5

Balance with other banks and financial institutions inside Bangladesh 1,113 2,194 2,025 1,149 1,654 2,110 1,587 1.08 2.59 1.23 2.99 1.90 1.96 1.49 (49.3) 8.3

Balance with other banks and financial institutions outside Bangladesh 517 919 606 417 718 763 512 0.50 1.09 0.41 0.90 0.57 0.71 0.71 (43.7) 51.7

Total balance with other banks and financial institutions 1,630 3,113 2,631 1,566 2,372 2,872 2,099 1.59 3.68 1.59 3.89 2.21 2.67 2.30 (47.6) 18.3

Money at call and short notice 670 380 650 300 525 515 475 1 0 0.48 1 0.44 1 0.39 76.3 (41.5)

Government securities 8,853 7,862 6,401 5,777 8,358 7,132 6,089 8.62 9.29 13.76 9.47 10.53 9.84 9.84 12.6 22.8

Other securities 1,439 1,930 1,727 1,714 1,685 1,829 1,721 1.40 2.28 1.96 2.55 1.82 2.92 2.03 (25.4) 11.8

Total investments 10,292 9,792 8,128 7,491 10,042 8,960 7,810 10.02 11.58 15.72 12.02 14.09 12.75 12.75 5.1 20.5

Loans, cash credit, overdrafts, etc. 72,802 56,227 44,136 38,676 64,515 50,182 41,406 70.89 66.47 63.74 65.27 65.27 65.84 65.85 29.5 27.4

Bills purchased and discounted 3,771 3,990 3,678 3,515 3,881 3,834 3,597 3.67 4.72 2.55 5.44 2.93 5.98 4.22 (5.5) 8.5

Total loans and advances 76,573 60,217 47,814 42,191 68,395 54,016 45,003 74.57 71.19 65.68 70.71 68.39 71.83 71.83 27.2 25.9

Fixed assets including premises, furniture, and fixtures 1,206 1,098 831 620 1,152 965 726 1.17 1.30 2.63 1.23 1.99 1.06 1.51 9.8 32.1

Other assets 3,213 2,133 2,446 1,503 2,673 2,290 1,975 3.13 2.52 3.45 3.62 3.62 2.56 4.44 50.6 (12.8)

Non-banking assets 284 284 284 326 284 284 305 0 0 - 0 0.00 1 0.00 - -

Total assets 102,690 84,586 67,619 58,738 93,638 76,103 63,179 100 100 100.00 100 100.00 100 100.00 21.4 25.1


Borrowings from other banks, financial institutions, and agents - - 400 - - 200 200 - - 1.50 0.59 1.73 - 0.20 - (100.0)

Borrowings from Bangladesh Bank 145 120 260 212 133 190 236 0.14 0.14 0.48 0.38 0.29 0.36 0.54 20.8 (53.8)

Total borrowings from other banks, financial institutions, and agents 145 120 660 212 133 390 436 0.14 0.14 1.69 0.98 2.01 0.36 0.74 20.8 (81.8)

Subordinated debt 2,200 - - - 1,100 - - 2.14 - - - 0.00 - 0.00 -

Current accounts and other accounts 15,565 8,471 7,332 6,362 12,018 7,902 6,847 15.16 10.01 9.74 10.84 9.68 10.83 10.83 83.7 15.5

Bills payable 1,373 2,302 663 558 1,838 1,483 611 1.34 2.72 0.87 0.98 0.98 0.95 1.02 (40.4) 247.2

Savings and special notice deposits 7,012 5,012 4,038 3,492 6,012 4,525 3,765 6.83 5.93 8.22 5.97 8.77 5.95 9.91 39.9 24.1

Fixed deposits 62,619 57,271 45,207 40,322 59,945 51,239 42,765 60.98 67.71 62.36 66.86 62.79 68.65 61.72 9.3 26.7

Bearer certificates of deposit - - - - - - - (1.00) 0.00 0.00 - -

Other deposits - - - - - - - - - - - 0.00 - 0.00 - -

Total deposits (includes deposits from other banks) 86,569 73,056 57,240 50,734 79,813 65,148 53,987 84.30 86.37 81.69 84.65 80.54 86.37 81.65 18.5 27.6

Other liabilities 5,202 3,986 3,373 2,926 4,594 3,680 3,150 5.07 4.71 6.18 4.99 5.19 4.98 4.98 30.5 18.2

Total liabilities 94,116 77,162 61,273 53,872 85,639 69,218 57,573 91.65 91.22 91.03 90.62 90.55 91.72 90.66 22.0 25.9

Total capital 8,576 7,424 6,346 4,864 8,000 6,885 5,605 8.35 8.78 9.06 9.38 9.57 8.28 10.45 15.5 17.0

Total liabilities and capital 102,692 84,586 67,619 58,736 93,639 76,103 63,178 100.00 100.00 100.00 100.00 100.00 100.00 100.00 21.4 25.1

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010

%Change, 12 to 13

%Change, 11 to 12


%ATA 2013 %ATA 2012 %ATA 2011 %ATA 2010

Interest income 10,098 8,551 6,518 5,056 10.78 11.24 9.40 10.32 #REF! 9.73 9.73 18.1 31.2

Interest expense 7,050 5,799 4,559 3,194 7.53 7.62 7.42 7.22 #REF! 6.15 6.20 21.6 27.2

Subtotal: Net interest income 3,048 2,752 1,959 1,862 3.26 3.62 1.98 3.10 #REF! 3.58 3.58 10.8 40.5

Investment income 1,019 552 1,441 1,588 1.09 0.73 1.49 2.28 #REF! 3.06 3.06 84.6 (61.7)

Commission, exchange, and brokerage income 1,061 1,016 994 834 1.13 1.34 1.13 1.57 #REF! 1.61 #REF! 4.4 2.2

Other operating (non-interest) income 324 298 217 183 0.35 0.39 0.35 0.34 #REF! 0.35 0.35 8.7 37.3

Subtotal: Non-interest income 2,404 1,866 2,652 2,605 2.57 2.45 3.13 4.20 #REF! 5.01 5.01 28.8 (29.6)

Subtotal: Total operating income 5,452 4,618 4,611 4,467 5.82 6.07 5.36 7.30 #REF! 8.60 8.97 18.1 0.2

Salaries and allowances 1,756 1,401 1,030 866 1.88 1.84 1.22 1.63 #REF! 1.67 1.67 25.3 36.0

Rent, taxes, insurance, electricity, etc. (occupancy expense) 288 237 187 153 0.31 0.31 0.24 0.30 #REF! 0.29 0.29 21.5 26.7

Legal expenses 4 4 8 6 0.00 0.01 0.01 0.01 #REF! 0.01 0.01 - (50.0)

Postage, stamps, telecommunication, etc. 50 49 49 43 0.05 0.06 0.06 0.08 #REF! 0.08 0.08 2.0 -

Stationery, printing, advertisement, etc. 144 108 89 69 0.15 0.14 0.09 0.14 #REF! 0.13 0.13 33.3 21.3

CEO salary and fees 12 12 11 8 0.01 0.02 0.01 0.02 #REF! 0.02 0.01 - 9.1

Directors' fees and expenses 1 1 1 1 0.00 0.00 0.00 0.00 #REF! 0.00 0.00 (16.9) (5.3)

Auditors' fee 0 0 0 0 0.00 0.00 0.00 0.00 #REF! 0.00 0.00 5.6 20.0

Depreciation on and repairs to bank's assets 369 238 190 139 0.39 0.31 0.18 0.30 #REF! 0.27 0.20 55.0 25.3

Other (non-interest) expense 368 233 200 163 0.39 0.31 0.41 0.32 #REF! 0.31 0.62 57.9 16.5

Subtotal: Total operating expenses (general/administrative expense) 2,992 2,283 1,765 1,448 3.20 3.00 2.34 2.79 #REF! 2.79 2.91 31.0 29.3

Subtotal: Profit/(loss) before provisions 2,460 2,335 2,846 3,019 2.63 3.07 3.11 4.50 #REF! 5.81 5.81 5.4 (18.0)

Provision for loans and advances 550 249 593 234 0.59 0.33 0.59 0.94 #REF! 0.45 0.59 120.9 (58.0)

Provision for diminution in value of investments - - (68) 30 - - 0.01 (0.11) #REF! 0.06 #REF! - (100.0)

Provision for off-balance-sheet items 121 22 82 76 0.13 0.03 0.07 0.13 #REF! 0.15 0.15 450.0 (73.2)

Other provisions - - - - - - 0.00 - #REF! - 0.03 - -

Subtotal: Total provision 671 271 607 340 0.72 0.36 0.72 0.96 #REF! 0.65 0.88 147.6 (55.4)

Profit/(loss) before taxes 1,789 2,064 2,239 2,679 1.91 2.71 1.91 3.54 #REF! 5.16 5.16 (13.3) (7.8)

Provision for current tax expense 422 985 857 823 0.45 1.29 1.03 1.36 #REF! 3.17 #REF! (57.2) 14.9

Provision for deferred tax expense/(deferred tax income) 5 20 (65) (30) 0.01 0.03 - (0.10) #REF! (0.06) 0.01 (75.0) (130.8)

Subtotal: Total provision for tax 427 1,005 792 793 0.46 1.32 1.03 1.25 #REF! 1.53 1.77 (57.5) 26.9

Total profit/(loss) after taxes 1,362 1,059 1,447 1,886 1.45 1.39 1.42 2.29 #REF! 3.63 3.08 ROA 28.6 (26.8)

Memo Items#REF! 25.81 #REF! 47.55 31.09 ROE

Core income (estimated) 2,504 2,270 2,829 2,999 2.67 2.98 #REF! 4.48 #REF! 5.77 5.77 10.3 (19.8)

Efficiency ratio 1.95 2.11 2.73 2.81 3.09 3.33 3.55 - -

Cash inflow from interest receipts 10,997 9,046 6,922 5,409 108.90 105.79 107.28 106.20 108.17 106.98 106.98 21.6 30.7

Other Operating Income - Other Operating Expense (44) 65 17 20 (0.05) 0.09 #REF! 0.03 #REF! 0.04 (0.08) (167.7) 282.4

Adjusted Operating Expense 2,624 2,050 1,565 1,285 2.80 2.69 #REF! 2.48 #REF! 2.47 2.47 28.0 31.0

Median %ATA 2012

Median %ATA 2011

Median %ATA 2010

%Change, 12 to 13

%Change, 11 to 12


36.38 54.1 24.00

17.33 (2.4) 33.98

19.86 2.0 29.96

8.35 76.2 45.76

51.65 45.3 3.56

18.32 68.0 46.33

0.00 116.7 75.26

29.14 10.8 47.48

17.07 0.8 16.67

26.88 8.5 48.02

18.09 14.1 18.46

9.22 4.6 -7.79

18.34 13.3 16.33

9.76 34.0 63.59

3.27 62.7 14.09

-1.00 (12.9) 0.00


20.15 15.1 19.71 45,163 51,951

0.00 - 0.00

0.00 22.6 -25.81

0.00 211.3 110.40

0.00 - 0.00

15.85 15.2 1.56

15.15 18.8 13.30

24.12 15.6 15.64

18.91 12.1 26.94

0.00 - 0.00

0.00 - 0.00

20.56 12.8 21.37

24.28 15.3 31.25

22.67 13.7 20.71


8.61 30.5 13.19 3,069 3,967

20.15 15.1 19.71


%Change, 10 to 11


31.19 28.9 35.26

29.87 42.7 61.66

32.36 5.2 -5.43

2.76 (9.3) -11.72

2.21 19.2 19.18

0.79 18.6 18.58

-0.69 1.8 2.75

8.92 3.2 3.22

29.88 18.94 15.91

26.74 22.22 22.22

81.25 33.33 (20.00)

13.19 13.95 13.95

14.49 28.99 25.79

0.00 37.50 10.00

0.00 - -

0.00 - -

25.08 36.69 36.69

16.50 22.70 5.09

18.74 21.90 15.84

1.11 (5.73) (5.73)

63.93 153.42 (5.29)

-46.76 (326.67) (100.00)

3.35 7.89 (51.85)

100.00 - (98.98)

26.11 78.53 22.41

-7.82 (16.43) (11.72)

0.59 4.13 10.95

-95.24 116.67 40.00

7.42 (0.13) 11.15

-14.65 (23.28) (23.28)

-

13.65 (5.67) (5.67)

-

-

(57.58) (15.00) (4.74)

41.77 21.79 20.08


%Change, 10 to 11


Prime Bank Amounts in BDT millions


ASSETS

Cash in hand 2,684 2,060 1,464 1,268 2,372 1,762 1,366 1.10 0.87 1.07 0.73 0.73 0.82 0.63 30.3 40.7

Balance with Bangladesh Bank and agents 14,959 14,118 12,033 8,309 14,539 13,076 10,171 6.13 5.96 5.40 6.02 6.02 5.38 5.38 6.0 17.3

Total Cash 17,643 16,178 13,497 9,577 16,911 14,838 11,537 7.23 6.83 6.75 6.75 6.75 6.21 6.21 9.1 19.9

Balance with other banks and financial institutions inside Bangladesh 244 251 377 417 248 314 397 0.10 0.11 1.23 0.19 1.90 0.27 1.49 (2.8) (33.4)

Balance with other banks and financial institutions outside Bangladesh 627 1,393 1,139 619 1,010 1,266 879 0.26 0.59 0.41 0.57 0.57 0.40 0.71 (55.0) 22.3

Total balance with other banks and financial institutions 871 1,644 1,516 1,036 1,258 1,580 1,276 0.36 0.69 1.59 0.76 2.21 0.67 2.30 (47.0) 8.4

Money at call and short notice - - - - - - - - - 0.48 - 0.44 - 0.39 (1.0) -

Government securities 56,147 44,937 34,396 19,368 50,542 39,667 26,882 23.02 18.97 13.76 17.20 10.53 12.55 9.84 24.9 30.6

Other securities 792 4,734 982 1,116 2,763 2,858 1,049 0.32 2.00 1.96 0.49 1.82 0.72 2.03 (83.3) 382.1

Total investments 56,939 49,671 35,378 20,484 53,305 42,525 27,931 23.35 20.97 15.72 17.69 14.09 13.27 12.75 14.6 40.4

Loans, cash credit, overdrafts, etc. 147,381 153,441 132,589 108,660 150,411 143,015 120,625 60.43 64.79 63.74 66.31 65.27 70.40 65.85 (3.9) 15.7

Bills purchased and discounted 6,208 7,449 6,820 7,396 6,829 7,135 7,108 2.55 3.15 2.55 3.41 2.93 4.79 4.22 (16.7) 9.2

Total loans and advances 153,589 160,890 139,409 116,056 157,240 150,150 127,733 62.98 67.93 65.68 69.72 68.39 75.19 71.83 (4.5) 15.4

Fixed assets including premises, furniture, and fixtures 6,407 4,363 3,975 1,695 5,385 4,169 2,835 2.63 1.84 2.63 1.99 1.99 1.10 1.51 46.8 9.8

Other assets 8,420 4,088 6,176 5,493 6,254 5,132 5,835 3.45 1.73 3.45 3.09 3.62 3.56 4.44 106.0 (33.8)

Non-banking assets - - - - - - - - - - - 0.00 - 0.00 (1.0) -

Total assets 243,869 236,834 199,951 154,341 240,352 218,393 177,146 100 100 100.00 100 100.00 100 100.00 3.0 18.4


Borrowings from other banks, financial institutions, and agents 3,668 18,038 10,385 3,719 10,853 14,212 7,052 1.50 7.62 1.50 5.19 1.73 2.41 0.20 (79.7) 73.7

Borrowings from Bangladesh Bank 190 2,644 585 1,495 1,417 1,615 1,040 0.08 1.12 0.48 0.29 0.29 0.97 0.54 (92.8) 352.0

Total borrowings from other banks, financial institutions, and agents 3,858 20,682 10,970 5,214 12,270 15,826 8,092 1.58 8.73 1.69 5.49 2.01 3.38 0.74 (81.3) 88.5

Subordinated debt 2,500 2,500 - 2,500 2,500 - - - 1.25 0.00 1.62 0.00 - (100.0)

Current accounts and other accounts 26,612 27,374 23,629 21,637 26,993 25,502 22,633 10.91 11.56 9.74 11.82 9.68 14.02 10.83 (2.8) 15.8

Bills payable 2,081 3,421 2,993 2,438 2,751 3,207 2,716 0.85 1.44 0.87 1.50 0.98 1.58 1.02 (39.2) 14.3

Savings and special notice deposits 21,126 19,189 17,944 15,302 20,158 18,567 16,623 8.66 8.10 8.22 8.97 8.77 9.91 9.91 10.1 6.9

Fixed deposits 152,087 132,069 115,250 85,196 142,078 123,660 100,223 62.36 55.76 62.36 57.64 62.79 55.20 61.72 15.2 14.6

Bearer certificates of deposit - - - - - - - (1.00) 0.00 0.00 - -

Other deposits - - - - - - - - - - - 0.00 - 0.00 - -

Total deposits (includes deposits from other banks) 201,906 182,053 159,816 124,573 191,980 170,935 142,195 82.79 76.87 81.69 79.93 80.54 80.71 81.65 10.9 13.9

Other liabilities 15,074 13,311 10,026 7,646 14,193 11,669 8,836 6.18 5.62 6.18 5.01 5.19 4.95 4.98 13.2 32.8

Total liabilities 220,838 216,046 183,312 139,933 218,442 199,679 161,623 90.56 91.22 91.03 91.68 90.55 90.66 90.66 2.2 17.9

Total capital 23,030 20,787 19,139 16,908 21,909 19,963 18,024 9.44 8.78 9.06 9.57 9.57 10.95 10.45 10.8 8.6

Total liabilities and capital 243,868 236,833 202,451 156,841 240,351 219,642 179,646 100.00 100.00 100.00 101.25 100.00 101.62 100.00 3.0 17.0

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010

%Change, 12 to 13

%Change, 11 to 12


%ATA 2013 %ATA 2012 %ATA 2011 %ATA 2010

Interest income 22,011 22,822 16,737 12,148 9.16 10.45 9.40 9.45 #REF! 12.18 9.73 (3.55) 36.36

Interest expense 17,678 17,410 12,648 7,824 7.36 7.97 7.42 7.14 #REF! 7.84 6.20 1.54 37.65

Subtotal: Net interest income 4,333 5,412 4,089 4,324 1.80 2.48 1.98 2.31 #REF! 4.33 3.58 (19.94) 32.36

Investment income 5,583 4,633 4,215 2,632 2.32 2.12 1.49 2.38 #REF! 2.64 3.06 20.51 9.92

Commission, exchange, and brokerage income 2,155 2,429 2,689 2,262 0.90 1.11 1.13 1.52 #REF! 1.28 #REF! (11.28) (9.67)

Other operating (non-interest) income 812 1,018 652 579 0.34 0.47 0.35 0.37 #REF! 0.58 0.35 (20.24) 56.13

Subtotal: Non-interest income 8,550 8,080 7,556 5,473 3.56 3.70 3.13 4.27 #REF! 5.49 5.01 5.82 6.93

Subtotal: Total operating income 12,883 13,492 11,645 9,797 5.36 6.18 5.36 6.57 #REF! 9.82 8.97 (4.51) 15.86

Salaries and allowances 2,939 2,673 2,058 1,684 1.22 1.22 1.22 1.16 #REF! 1.69 1.67 9.95 29.88

Rent, taxes, insurance, electricity, etc. (occupancy expense) 550 431 368 312 0.23 0.20 0.24 0.21 #REF! 0.31 0.29 27.61 17.12

Legal expenses 38 29 16 20 0.02 0.01 0.01 0.01 #REF! 0.02 0.01 31.03 81.25

Postage, stamps, telecommunication, etc. 134 128 132 123 0.06 0.06 0.06 0.07 #REF! 0.12 0.08 4.69 (3.03)

Stationery, printing, advertisement, etc. 392 304 258 223 0.16 0.14 0.09 0.15 #REF! 0.22 0.13 28.95 17.83

CEO salary and fees 12 11 9 9 0.00 0.01 0.01 0.01 #REF! 0.01 0.01 9.09 22.22

Directors' fees and expenses 4 5 4 5 0.00 0.00 0.00 0.00 #REF! 0.01 0.00 (20.00) 25.00

Auditors' fee 1 1 - - 0.00 0.00 0.00 - #REF! - 0.00 (1.00) -

Depreciation on and repairs to bank's assets 348 332 271 219 0.14 0.15 0.18 0.15 #REF! 0.22 0.20 4.82 22.51

Other (non-interest) expense 991 1,028 1,074 1,022 0.41 0.47 0.41 0.61 #REF! 1.02 0.62 (3.60) (4.28)

Subtotal: Total operating expenses (general/administrative expense) 5,409 4,942 4,190 3,617 2.25 2.26 2.34 2.37 #REF! 3.63 2.91 9.45 17.94

Subtotal: Profit/(loss) before provisions 7,474 8,550 7,455 6,180 3.11 3.92 3.11 4.21 #REF! 6.20 5.81 (12.59) 14.69

Provision for loans and advances 3,984 1,730 531 240 1.66 0.79 0.59 0.30 #REF! 0.24 0.59 130.29 225.80

Provision for diminution in value of investments 25 44 - - 0.01 0.02 0.01 - #REF! - #REF! (1.00) -

Provision for off-balance-sheet items 10 140 130 270 0.00 0.06 0.07 0.07 #REF! 0.27 0.15 (92.86) 7.69

Other provisions 10 1,302 - 30 0.00 0.60 0.00 - #REF! 0.03 0.03 (1.00) -

Subtotal: Total provision 4,029 3,216 661 540 1.68 1.47 0.72 0.37 #REF! 0.54 0.88 25.28 386.54

Profit/(loss) before taxes 3,445 5,334 6,794 5,640 1.43 2.44 1.91 3.84 #REF! 5.65 5.16 (35.41) (21.48)

Provision for current tax expense 1,616 2,450 2,907 2,285 0.67 1.12 1.03 1.64 #REF! 2.58 #REF! (34.04) (15.72)

Provision for deferred tax expense/(deferred tax income) - 186 224 250 - 0.09 - 0.13 #REF! 0.25 0.01 (100.00) (16.96)

Subtotal: Total provision for tax 1,616 2,636 3,131 2,535 0.67 1.21 1.03 1.77 #REF! 2.54 1.77 (38.69) (15.81)

Total profit/(loss) after taxes 1,829 2,698 3,663 3,105 0.76 1.24 1.42 2.07 #REF! 3.11 3.08 ROA (32.21) (26.33)

Memo Items#REF! #REF! 20.32 #REF! 31.09 31.09 ROE

Core income (estimated) 7,653 8,560 7,877 6,623 #REF! #REF! 4.45 #REF! 6.64 5.77 (2.84)

Efficiency ratio 2.73 2.73 3.53 3.09 3.55 3.55

Cash inflow from interest receipts 27,019 25,883 18,162 12,442 122.75 107.28 108.51 108.17 102.42 106.98

Other Operating Income - Other Operating Expense (179) (10) (422) (443) #REF! #REF! (0.24) #REF! (0.44) (0.08) (57.58)

Adjusted Operating Expense 4,418 3,914 3,116 2,595 #REF! #REF! 1.76 #REF! 2.60 2.47 41.77

Median %ATA 2012

Median %ATA 2011

Median %ATA 2010

%Change, 12 to 13

%Change, 11 to 12


36.38 15.5 24.00

17.33 44.8 33.98

19.86 40.9 29.96

8.35 (9.6) 45.76

51.65 84.0 3.56

18.32 46.3 46.33

0.00 - 75.26

29.14 77.6 47.48

17.07 (12.0) 16.67

26.88 72.7 48.02

18.09 22.0 18.46

9.22 (7.8) -7.79

18.34 20.1 16.33

9.76 134.5 63.59

3.27 12.4 14.09

-1.00 - 0.00


20.15 29.6 19.71 45,163 99,752

0.00 179.2 0.00

0.00 (60.9) -25.81

0.00 110.4 110.40

0.00 - 0.00

15.85 9.2 1.56

15.15 22.8 13.30

24.12 17.3 15.64

18.91 35.3 26.94

0.00 - 0.00

0.00 - 0.00

20.56 28.3 21.37

24.28 31.1 31.25

22.67 31.0 20.71


8.61 13.2 13.19 3,069 9,989

20.15 29.1 19.71


%Change, 10 to 11


31.19 37.78 35.26

29.87 61.66 61.66

32.36 (5.43) (5.43)

2.76 60.14 (11.72)

2.21 18.88 19.18

0.79 12.61 18.58

-0.69 38.06 2.75

8.92 18.86 3.22

29.88 22.21 15.91

26.74 17.95 22.22

81.25 (20.00) (20.00)

13.19 7.32 13.95

14.49 15.70 25.79

0.00 - 10.00

0.00 (20.00) -

0.00 - -

25.08 23.74 36.69

16.50 5.09 5.09

18.74 15.84 15.84

1.11 20.63 (5.73)

63.93 121.25 (5.29)

-46.76 - (100.00)

3.35 (51.85) (51.85)

100.00 (100.00) (98.98)

26.11 22.41 22.41

-7.82 20.46 (11.72)

0.59 27.22 10.95

-95.24 (10.40) 40.00

7.42 23.51 11.15

-14.65 17.97 (23.28)

-

13.65 18.93 (5.67)

(57.58) (4.74) (4.74)

41.77 20.08 20.08


%Change, 10 to 11


United Commercial Bank Ltd. (UCBL) Amounts in BDT millions


ASSETS

Cash in hand 3,050 2,615 1,762 1,616 2,833 2,189 1,689 1.35 1.26 1.07 1.04 0.73 1.24 0.63 73.1 36.38 9.0

Balance with Bangladesh Bank and agents 12,225 13,596 11,273 8,414 12,911 12,435 9,844 5.40 6.55 5.40 6.67 6.02 6.48 5.38 8.4 17.33 34.0

Total Cash 15,275 16,211 13,035 10,030 15,743 14,623 11,533 6.75 7.81 6.75 7.72 6.75 7.72 6.21 17.2 19.86 30.0

Balance with other banks and financial institutions inside Bangladesh 6,074 3,479 3,208 1,278 4,777 3,344 2,243 2.68 1.68 1.23 1.90 1.90 0.98 1.49 89.3 8.35 151.0

Balance with other banks and financial institutions outside Bangladesh 920 1,234 532 546 1,077 883 539 0.41 0.59 0.41 0.31 0.57 0.42 0.71 72.9 51.65 (2.6)

Total balance with other banks and financial institutions 6,994 4,713 3,740 1,824 5,854 4,227 2,782 3.09 2.27 1.59 2.21 2.21 1.40 2.30 87.0 18.32 105.0

Money at call and short notice 1,570 7,160 5,070 1,120 4,365 6,115 3,095 1 3 0.48 3 0.44 1 0.39 (69.0) 0.00 352.7

Government securities 31,154 21,653 16,303 12,408 26,404 18,978 14,356 13.76 10.44 13.76 9.65 10.53 9.55 9.84 91.1 29.14 31.4

Other securities 4,433 4,437 3,080 2,640 4,435 3,759 2,860 1.96 2.14 1.96 1.82 1.82 2.03 2.03 43.9 17.07 16.7

Total investments 35,587 26,090 19,383 15,048 30,839 22,737 17,216 15.72 12.58 15.72 11.48 14.09 11.59 12.75 83.6 26.88 28.8

Loans, cash credit, overdrafts, etc. 144,269 132,768 112,741 91,187 138,519 122,755 101,964 63.74 64.00 63.74 66.75 65.27 70.21 65.85 28.0 18.09 23.6

Bills purchased and discounted 4,396 3,304 2,765 2,374 3,850 3,035 2,570 1.94 1.59 2.55 1.64 2.93 1.83 4.22 59.0 9.22 16.5

Total loans and advances 148,665 136,072 115,506 93,561 142,369 125,789 104,534 65.68 65.59 65.68 68.39 68.39 72.04 71.83 28.7 18.34 23.5

Fixed assets including premises, furniture, and fixtures 7,957 5,223 3,288 1,966 6,590 4,256 2,627 3.52 2.52 2.63 1.95 1.99 1.51 1.51 142.0 9.76 67.2

Other assets 10,285 11,979 8,870 6,328 11,132 10,425 7,599 4.54 5.77 3.45 5.25 3.62 4.87 4.44 16.0 3.27 40.2

Non-banking assets - - - - - - - - - - - - - - (1.0) -1.00 -

Total assets 226,333 207,448 168,892 129,877 216,891 188,170 149,385 100 100 100.00 100 100.00 100 100.00 34.0 20.15 30.0


Borrowings from other banks, financial institutions, and agents 2,724 1,200 - - 1,962 600 - 1.20 0.58 1.50 - 1.73 - 0.20 - 0.00 -

Borrowings from Bangladesh Bank 1,093 - - - 547 - - 0.48 - 0.48 - 0.29 - 0.54 - 0.00 -

Total borrowings from other banks, financial institutions, and agents 3,817 1,200 - - 2,509 600 - 1.69 0.58 1.69 - 2.01 - 0.74 - 0.00 -

Subordinated debt - - - - - - - - - - - - - - - 0.00 -

Current accounts and other accounts 22,041 18,335 16,353 16,337 20,188 17,344 16,345 9.74 8.84 9.74 9.68 9.68 12.58 10.83 34.8 15.85 0.1

Bills payable 2,462 2,562 2,273 2,543 2,512 2,418 2,408 1.09 1.24 0.87 1.35 0.98 1.96 1.02 8.3 15.15 (10.6)

Savings and special notice deposits 19,065 16,224 14,811 14,030 17,645 15,518 14,421 8.42 7.82 8.22 8.77 8.77 10.80 9.91 28.7 24.12 5.6

Fixed deposits 141,329 133,409 106,047 80,161 137,369 119,728 93,104 62.44 64.31 62.36 62.79 62.79 61.72 61.72 33.3 18.91 32.3

Bearer certificates of deposit - - - - - - - (1.00) 0.00 0.00 - 0.00 -

Other deposits - - - - - - - - - - - - - - - 0.00 -

Total deposits (includes deposits from other banks) 184,897 170,530 139,484 113,071 177,714 155,007 126,278 81.69 82.20 81.69 82.59 80.54 87.06 81.65 32.6 20.56 23.4

Other liabilities 17,314 17,547 13,441 8,989 17,431 15,494 11,215 7.65 8.46 6.18 7.96 5.19 6.92 4.98 28.8 24.28 49.5

Total liabilities 206,028 189,277 152,925 122,060 197,653 171,101 137,493 91.03 91.24 91.03 90.55 90.55 93.98 90.66 34.7 22.67 25.3

Total capital 20,505 18,171 15,966 7,817 19,338 17,069 11,892 9.06 8.76 9.06 9.45 9.57 6.02 10.45 28.4 8.61 104.2

Total liabilities and capital 226,533 207,448 168,891 129,877 216,991 188,170 149,384 100.09 100.00 100.00 100.00 100.00 100.00 100.00 34.1 20.15 30.0

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010

%Change, 11 to 12


%Change, 10 to 11


%ATA 2013 %ATA 2012 %ATA 2011 %ATA 2010

Interest income 22,999 21,319 15,352 9,468 10.60 11.33 9.40 10.28 #REF! 10.82 9.73 49.81 31.19 62.15

Interest expense 15,920 14,705 10,203 5,633 7.34 7.81 7.42 6.83 #REF! 6.44 6.20 56.03 29.87 81.13

Subtotal: Net interest income 7,079 6,614 5,149 3,835 3.26 3.51 1.98 3.45 #REF! 4.38 3.58 37.48 32.36 34.26

Investment income 2,666 1,419 1,740 1,971 1.23 0.75 1.49 1.16 #REF! 2.25 3.06 53.22 2.76 (11.72)

Commission, exchange, and brokerage income 1,888 1,429 1,648 1,360 0.87 0.76 1.13 1.10 #REF! 0.91 #REF! 14.56 2.21 21.18

Other operating (non-interest) income 764 716 758 688 0.35 0.38 0.35 0.51 #REF! 0.79 0.35 0.79 0.79 10.17

Subtotal: Non-interest income 5,318 3,564 4,146 4,019 2.45 1.89 3.13 2.78 #REF! 4.59 5.01 28.27 -0.69 3.16

Subtotal: Total operating income 12,397 10,178 9,295 7,854 5.72 5.41 5.36 6.22 #REF! 8.97 8.97 33.37 8.92 18.35

Salaries and allowances 2,891 2,366 1,785 1,796 1.33 1.26 1.22 1.19 #REF! 2.05 1.67 61.96 29.88 (0.61)

Rent, taxes, insurance, electricity, etc. (occupancy expense) 682 637 450 373 0.31 0.34 0.24 0.30 #REF! 0.43 0.29 51.56 26.74 20.64

Legal expenses 66 11 7 11 0.03 0.01 0.01 0.00 #REF! 0.01 0.01 842.86 81.25 (36.36)

Postage, stamps, telecommunication, etc. 92 87 65 54 0.04 0.05 0.06 0.04 #REF! 0.06 0.08 41.54 13.19 20.37

Stationery, printing, advertisement, etc. 180 215 200 159 0.08 0.11 0.09 0.13 #REF! 0.18 0.13 (10.00) 14.49 25.79

CEO salary and fees 11 8 11 10 0.01 0.00 0.01 0.01 #REF! 0.01 0.01 - 0.00 10.00

Directors' fees and expenses 5 7 6 5 0.00 0.00 0.00 0.00 #REF! 0.01 0.00 (16.67) 0.00 20.00

Auditors' fee 1 1 1 - 0.00 0.00 0.00 0.00 #REF! - 0.00 (1.00) 0.00 -

Depreciation on and repairs to bank's assets 401 338 237 169 0.18 0.18 0.18 0.16 #REF! 0.19 0.20 69.20 25.08 40.24

Other (non-interest) expense 945 744 561 543 0.44 0.40 0.41 0.38 #REF! 0.62 0.62 68.45 16.50 3.31

Subtotal: Total operating expenses (general/administrative expense) 5,274 4,414 3,323 3,120 2.43 2.35 2.34 2.22 #REF! 3.56 2.91 58.71 18.74 6.51

Subtotal: Profit/(loss) before provisions 7,123 5,764 5,972 4,734 3.28 3.06 3.11 4.00 #REF! 5.41 5.81 19.27 1.11 26.15

Provision for loans and advances 1,083 1,552 788 832 0.50 0.82 0.59 0.53 #REF! 0.95 0.59 37.44 63.93 (5.29)

Provision for diminution in value of investments - 352 - 71 - 0.19 0.01 - #REF! 0.05 #REF! #DIV/0! -46.76 (100.00)

Provision for off-balance-sheet items 149 119 10 - 0.07 0.06 0.07 0.01 #REF! - 0.15 (1.00) 3.35 -

Other provisions 7 - 2 197 0.00 - 0.00 0.00 #REF! 0.23 0.03 250.00 100.00 (98.98)

Subtotal: Total provision 1,239 2,023 800 1,100 0.57 1.08 0.72 0.54 #REF! 1.26 0.88 54.88 26.11 (27.27)

Profit/(loss) before taxes 5,884 3,741 5,172 3,634 2.71 1.99 1.91 3.46 #REF! 4.15 5.16 13.77 -7.82 42.32

Provision for current tax expense 2,812 2,153 2,227 1,288 1.30 1.14 1.03 1.49 #REF! 1.72 #REF! 26.27 0.59 72.90

Provision for deferred tax expense/(deferred tax income) - - - 162 - - - - #REF! 0.19 0.01 - -95.24 (100.00)

Subtotal: Total provision for tax 2,812 2,153 2,227 1,450 1.30 1.14 1.03 1.49 #REF! 1.66 1.77 26.27 7.42 53.59

Total profit/(loss) after taxes 3,072 1,588 2,945 2,184 1.42 0.84 1.42 1.97 #REF! 2.50 3.08 ROA 4.31 -14.65 34.84

Memo Items#REF! #REF! 24.77 #REF! 40.12 31.09 ROE

Core income (estimated) 7,304 5,792 5,775 4,589 #REF! #REF! 3.87 #REF! 5.24 5.77 26.48 13.65 25.84

Efficiency ratio 2.69 2.73 3.09 3.09 2.78 3.55

Cash inflow from interest receipts 24,674 22,641 16,607 10,406 107.28 107.28 108.17 108.17 109.91 106.98

Other Operating Income - Other Operating Expense (181) (28) 197 145 #REF! #REF! 0.13 #REF! 0.17 (0.08) (191.88) (57.58) 35.86

Adjusted Operating Expense 4,329 3,670 2,762 2,577 #REF! #REF! 1.85 #REF! 2.94 2.47 56.73 41.77 7.18

Median %ATA 2012

Median %ATA 2011

Median %ATA 2010

%Change, 11 to 12


%Change, 10 to 11


24.00

33.98

29.96

45.76

3.56

46.33

75.26

47.48

16.67

48.02

18.46

-7.79

16.33

63.59

14.09

0.00

Dec 09 asset Av.A 201019.71 45,163 87,520

0.00

-25.81

110.40

0.00

1.56

13.30

15.64

26.94

0.00

0.00

21.37

31.25

20.71

Dec 09 capitaAv C 201013.19 3,069 5,443

19.71


35.26

61.66

(5.43)

(11.72)

19.18

18.58

2.75

3.22

15.91

22.22

(20.00)

13.95

25.79

10.00

-

-

36.69

5.09

15.84

(5.73)

(5.29)

(100.00)

(51.85)

(98.98)

22.41

(11.72)

10.95

40.00

11.15

(23.28)

(5.67)

(4.74)

20.08


Median Bank

Balance Sheet (Unconsolidated)

ASSETS

Cash in hand 1.07 0.73 0.63 36.38 24.00

Balance with Bangladesh Bank and agents 5.40 6.02 5.38 17.33 33.98

Total Cash 6.75 6.75 6.21 19.86 29.96

Balance with other banks and financial institutions inside Bangladesh 1.23 1.90 1.49 8.35 45.76

Balance with other banks and financial institutions outside Bangladesh 0.41 0.57 0.71 51.65 3.56

Total balance with other banks and financial institutions 1.59 2.21 2.30 18.32 46.33

Money at call and short notice 0.48 0.44 0.39 - 75.26

Government securities 13.76 10.53 9.84 29.14 47.48

Other securities 1.96 1.82 2.03 17.07 16.67

Total investments 15.72 14.09 12.75 26.88 48.02

Loans, cash credit, overdrafts, etc. 63.74 65.27 65.85 18.09 18.46

Bills purchased and discounted 2.55 2.93 4.22 9.22 (7.79)

Total loans and advances 65.68 68.39 71.83 18.34 16.33

Fixed assets including premises, furniture, and fixtures 2.63 1.99 1.51 9.76 63.59

Other assets 3.45 3.62 4.44 3.27 14.09

Non-banking assets - - - (1.00) -

Median % TA, 2012

Median % TA, 2011

Median % TA, 2010



Total assets 100.00 100.00 100.00 20.15 19.71


Borrowings from other banks, financial institutions, and agents 1.50 1.73 0.20 - -

Borrowings from Bangladesh Bank 0.48 0.29 0.54 - (25.81)

Total borrowings from other banks, financial institutions, and agents 1.69 2.01 0.74 - 110.40

Subordinated debt - - - - -

Current accounts and other accounts 9.74 9.68 10.83 15.85 1.56

Bills payable 0.87 0.98 1.02 15.15 13.30

Savings and special notice deposits 8.22 8.77 9.91 24.12 15.64

Fixed deposits 62.36 62.79 61.72 18.91 26.94

Bearer certificates of deposit (1.00) - - - -

Other deposits - - - - -

Total deposits (includes deposits from other banks) 81.69 80.54 81.65 20.56 21.37

Other liabilities 6.18 5.19 4.98 24.28 31.25

Total liabilities 91.03 90.55 90.66 22.67 20.71

Total capital 9.06 9.57 10.45 8.61 13.19

Total liabilities and capital 100.00 100.00 100.00 20.15 19.71

Profit and Loss Account (Unconsolidated)Median %ATA 2012

Median %ATA 2011

Median %ATA 2010



Interest income 9.40 #REF! 9.73 31.19 35.26

Interest expense 7.42 #REF! 6.20 29.87 61.66

Subtotal: Net interest income 1.98 #REF! 3.58 32.36 (5.43)

Investment income 1.49 #REF! 3.06 2.76 (11.72)

Commission, exchange, and brokerage income 1.13 #REF! #REF! 2.21 19.18

Other operating (non-interest) income 0.35 #REF! 0.35 0.79 18.58

Subtotal: Non-interest income 3.13 #REF! 5.01 (0.69) 2.75

Subtotal: Total operating income 5.36 #REF! 8.97 8.92 3.22

Salaries and allowances 1.22 #REF! 1.67 29.88 15.91

Rent, taxes, insurance, electricity, etc. (occupancy expense) 0.24 #REF! 0.29 26.74 22.22

Legal expenses 0.01 #REF! 0.01 81.25 (20.00)

Postage, stamps, telecommunication, etc. 0.06 #REF! 0.08 13.19 13.95

Stationery, printing, advertisement, etc. 0.09 #REF! 0.13 14.49 25.79

CEO salary and fees 0.01 #REF! 0.01 - 10.00

Directors' fees and expenses 0.00 #REF! 0.00 - -

Auditors' fee 0.00 #REF! 0.00 - -

Depreciation on and repairs to bank's assets 0.18 #REF! 0.20 25.08 36.69

Other (non-interest) expense 0.41 #REF! 0.62 16.50 5.09

Subtotal: Total operating expenses (general/administrative expense) 2.34 #REF! 2.91 18.74 15.84

Subtotal: Profit/(loss) before provisions 3.11 #REF! 5.81 1.11 (5.73)

Provision for loans and advances 0.59 #REF! 0.59 63.93 (5.29)

Provision for diminution in value of investments 0.01 #REF! #REF! (46.76) (100.00)

Provision for off-balance-sheet items 0.07 #REF! 0.15 3.35 (51.85)

Other provisions 0.00 #REF! 0.03 100.00 (98.98)

Subtotal: Total provision 0.72 #REF! 0.88 26.11 22.41

Profit/(loss) before taxes 1.91 #REF! 5.16 (7.82) (11.72)

Provision for current tax expense 1.03 #REF! #REF! 0.59 10.95

Provision for deferred tax expense/(deferred tax income) - #REF! 0.01 (95.24) 40.00

Subtotal: Total provision for tax 1.03 #REF! 1.77 7.42 11.15

Total profit/(loss) after taxes 1.42 #REF! 3.08 (14.65) (23.28)

#REF! #REF! 31.09

Core income (estimated) #REF! #REF! 5.77 13.65 (5.67)

Efficiency ratio 2.73 3.09 3.55

Cash inflow from interest receipts 107.28 108.17 106.98

Other Operating Income - Other Operating Expense #REF! #REF! (0.08) (57.58) (4.74)

Adjusted Operating Expense #REF! #REF! 2.47 41.77 20.08

Comparison of Five Commercial Banks - BD

Documents

Transcript of Comparison of Five Commercial Banks - BD