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BANCO FEDERAL- Financial Statistics, Dec 94 - Jan 97 (Nominal Bolivares in Millions) |
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Dec-96 |
Jun-96 |
Dec-95 |
Jun-95 |
Dec-94 |
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Balance Sheet |
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Total Assets |
110,663 |
83,183 |
63,502 |
55,741 |
42,525 |
|
Gross Loans |
35,026 |
22,285 |
24,585 |
21,353 |
5,979 |
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Gross Investments |
40,825 |
18,903 |
158 |
2,708 |
5,710 |
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Total Loan Loss Reserve |
2,339 |
1,467 |
1,402 |
866 |
299 |
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Other Assets |
2,324 |
4,467 |
3,020 |
1,491 |
414 |
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Total Deposits |
99,233 |
76,882 |
55,491 |
50,426 |
38,550 |
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Total Equity |
6,636 |
5,159 |
3,978 |
3,710 |
3,266 |
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Averages |
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Average Assets |
47,513 |
62,246 |
54,204 |
44,435 |
32,031 |
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Average Loans |
12,727 |
19,387 |
19,982 |
6,291 |
4,135 |
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Average Equity |
3,060 |
4,090 |
3,547 |
2,932 |
1,944 |
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Average Investments |
10,785 |
6,827 |
11,498 |
2,146 |
5,503 |
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Asset Quality |
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Net Interest Income |
4,954 |
1,562 |
3,005 |
2,202 |
2,252 |
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Noninterest Income |
622 |
12 |
33 |
45 |
17 |
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Extraordinary Gains, Net |
33 |
599 |
175 |
23 |
8 |
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Total Revenues |
10,346 |
8,017 |
9,431 |
7,362 |
6,218 |
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Loans Loss Provision |
368 |
65 |
560 |
0 |
65 |
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Operating Expenses |
3,340 |
1,415 |
2,242 |
1,795 |
1,714 |
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Income Tax |
65 |
0 |
132 |
0 |
97 |
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Net Income |
1,050 |
680 |
269 |
444 |
391 |
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Asset Quality |
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Total Past Due Loans |
1,255 |
1,157 |
1,036 |
923 |
318 |
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Loan Loss Reserve/Gross Loans |
6.68 |
6.59 |
5.70 |
4.05 |
5.00 |
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Past Due Loans / Gross Loans |
3.58 |
5.19 |
4.21 |
4.32 |
5.32 |
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Coverage of Past Due Loans |
186.40 |
126.87 |
135.42 |
93.79 |
93.94 |
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Net Past Due Loans / Equity |
(16.34) |
(6.02) |
(9.22) |
1.55 |
0.59 |
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Capital Adequacy |
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Equity/Assets |
6.00 |
6.20 |
6.26 |
6.65 |
7.68 |
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Equity / Gross Loans |
18.95 |
23.15 |
16.18 |
17.37 |
54.63 |
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Liquidity |
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Gross Loans / Gross Assets |
30.85 |
26.33 |
37.88 |
37.72 |
13.96 |
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Gross Loans / Deposits |
35.30 |
28.99 |
44.30 |
42.35 |
15.51 |
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Liquid Assets / Assets |
28.95 |
29.38 |
21.06 |
12.77 |
62.45 |
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Profitability |
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Return on Avg. Assets |
4.42 |
2.19 |
0.99 |
2.00 |
2.44 |
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Return on Avg. Equity |
68.59 |
33.28 |
15.16 |
30.25 |
40.19 |
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Net Interest Margin |
20.85 |
5.02 |
11.09 |
9.91 |
14.06 |
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Overhead Ratio |
67.42 |
90.61 |
74.58 |
81.55 |
76.09 |
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Operating Expenses / Avg. Assets |
14.06 |
4.55 |
8.27 |
8.08 |
10.70 |
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Noninterest Inc. / Total Revs. |
6.01 |
0.15 |
0.35 |
0.62 |
0.28 |
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Noninterest Inc. / Op. Exp. |
18.61 |
0.85 |
1.48 |
2.52 |
1.01 |
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Noninterest Inc. / Avg. Assets |
2.62 |
0.04 |
0.12 |
0.20 |
0.11 |
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Provision. / Avg. Assets |
3.84 |
0.25 |
2.11 |
0.14 |
0.48 |
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Effective Tax Rate |
5.79 |
0.00 |
32.87 |
0.00 |
19.89 |
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Productivity |
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Branches |
52 |
43 |
35 |
35 |
19 |
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Loans / Branch |
674 |
518 |
702 |
610 |
315 |
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Deposits / Branch |
1,908 |
1,788 |
1,585 |
1,441 |
2,029 |
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Growth Measures |
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Assets |
33.03 |
30.99 |
13.92 |
31.08 |
47.72 |
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Gross Loans |
57.17 |
(9.36) |
15.14 |
257.14 |
56.62 |
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Deposits |
29.07 |
38.55 |
10.05 |
30.81 |
63.71 |
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Equity |
28.64 |
29.67 |
7.25 |
13.58 |
37.49 |
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Net Income |
54.25 |
153.08 |
(39.38) |
13.56 |
427.30 |
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Exch. Rate (Period-End Bs/US$) |
474.00 |
469.00 |
290.00 |
170.00 |
170.00 |
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Source: Francisco J. Faraco & Associates. Calculation based on data from Banks Financial Statements. |
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E-Mail: Faracor@spai1.lat.net |
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