MEDELLIN, Colombia, Oct. 11 /PRNewswire-FirstCall/ -- Bancolombia S.A. ("Bancolombia") reported unconsolidated net income of Ps 67,097 million during the past month of September.*
During September, total net interest income, including investment securities, amounted to Ps 173,530 million. Additionally, total net fees and income from services totaled Ps 55,684 million.
Total assets amounted to Ps 31.72 trillion, total deposits totaled Ps 18.98 trillion and Bancolombia's total shareholders' equity amounted to Ps 4.72 trillion.
Bancolombia's (unconsolidated) level of past due loans as a percentage of total loans was 2.55% as of September 30, 2007, and the level of allowance for past due loans was 140.17% as of the same date.
Market Share
According to ASOBANCARIA (Colombia's national banking association), Bancolombia's market share of the Colombian financial system as of September, 2007 was as follows: 18.2% of total deposits, 21.5% of total net loans, 18.9% of total savings accounts, 21.8% of total checking accounts and 14.2% of total time deposits.
* This report corresponds to the unconsolidated financial statements of Bancolombia. The numbers contained herein are subject to review by the relevant Colombian authorities. This information has been prepared in accordance with generally accepted accounting principles in Colombia and is stated in nominal terms.
