+++
As of March 31, 1998
Card Percent
Rank Noncur.
6 Household International, Prospect Hts., 9.38%
4 Morgan Stanley Dean Witter Discover & Co 5.15
20 First Union Corp., Charlotte, NC 4.9
36 Dillard Department Stores, Inc., Little 4.46
22 Beneficial Corp., Wilmington, Del. 3.56
Highest Percentage Net Charge-offs
Core Card Loans for the 1st quarter ending 3/31/98
Card Percent
Rank NCO
6 Household International, Prospect Hts., 3.27%
4 Morgan Stanley Dean Witter Discover & Co 3.27
50 Union Planters Corp., Memphis 2.99
27 National City Corp., Cleveland 2.26
22 Beneficial Corp., Wilmington, Del. 3.81
Highest Percentage Net Charge-offs
Core Card Loans for the 12 month period 4/1/97 - 3/31/98
Card Percent
Rank NCO
34 CoreStates Financial Corp., Philadelphia 11.68%
31 Mellon Bank Corp., Pittsburgh 11.06
39 Prudential Insurance Co. of America, New 11.01
19 Chevy Chase Bank, FSB, Md. 8.89
50 Union Planters Corp., Memphis 8.67
Highest Percentage Net Charge-offs
Managed card loans for the 12 month period 4/1/97 - 3/31/98
(For institutions which manage card asset-backed securities only)
Card Percent
Rank NCO
24 Metris Companies Inc., Minneapolis 8.80%
31 Mellon Bank Corp., Pittsburgh 8.32
19 Chevy Chase Bank, FSB, Md. 7.83
4 Morgan Stanley Dean Witter Discover & Co 7.5
7 First Chicago NBD Corp. 6.99
Lowest Percentage Noncurrent Card Loans
As of March 31, 1998
Card Percent
Rank Noncur.
27 National City Corp., Cleveland 0.58%
21 USAA, San Antonio, Tx. 0.65
46 BB&T Corporation, Winston-Salem, NC 0.72
31 Mellon Bank Corp., Pittsburgh 0.74
17 U.S. Bancorp, Minneapolis 0.74
Highest Percentage Net Charge-offs
Managed card loans for the 12 month period 4/1/97 - 3/31/98
(For institutions which manage card asset-backed securities only)
Card Percent
Rank NCO
24 Metris Companies Inc., Minneapolis 8.80%
31 Mellon Bank Corp., Pittsburgh 8.32
19 Chevy Chase Bank, FSB, Md. 7.83
4 Morgan Stanley Dean Witter Discover & Co 7.5
7 First Chicago NBD Corp. 6.99
Lowest Percentage Noncurrent Card Loans
As of March 31, 1998
Card Percent
Rank Noncur.
27 National City Corp., Cleveland 0.58%
21 USAA, San Antonio, Tx. 0.65
46 BB&T Corporation, Winston-Salem, NC 0.72
31 Mellon Bank Corp., Pittsburgh 0.74
17 U.S. Bancorp, Minneapolis 0.74
Lowest Percentage Net Charge-offs
Core Card Loans for the 1st quarter ending 3/31/98
Card Percent
Rank NCO
40 The Limited, Inc., Columbus, Ohio -0.29%
14 Associates First Capital Corp., Irving, 0.1
32 Travelers Group Inc., New York 0.49
21 USAA, San Antonio, Tx. 0.53
2 MBNA Corp., Wilmington, Del. 0.75
Lowest Percentage Net Charge-offs
Core Card Loans for the 12 month period 4/1/97 - 3/31/98
Card Percent
Rank NCO
40 The Limited, Inc., Columbus, Ohio 1.00%
21 USAA, San Antonio, Tx. 2.03
14 Associates First Capital Corp., Irving, 2.38
32 Travelers Group Inc., New York 2.46
2 MBNA Corp., Wilmington, Del. 2.47
Lowest Percentage Net Charge-offs
Managed card loans for the 12 month period 4/1/97 - 3/31/98
(For institutions which manage card asset-backed securities only)
Card Percent
Rank NCO
27 National City Corp., Cleveland 2.14%
32 Travelers Group Inc., New York 2.44
15 Wachovia Corp., Winston-Salem, NC 4.17
2 MBNA Corp., Wilmington, Del. 4.19
17 U.S. Bancorp, Minneapolis 4.58
Fastest Growth in Managed Loans
Percent
Card Growth
Rank 4/97-3/98
32 Travelers Group Inc., New York 57.60%
24 Metris Companies Inc., Minneapolis 40.9
21 USAA, San Antonio, Tx. 27.8
2 MBNA Corp., Wilmington, Del. 23.5
8 American Express Co., New York 19.3
Leaders in Credit Card Asset-Backed Securities
(Dollars in millions)
Credit Card
Asset-backed
sec. Managed
3/31/98
MBNA Corp., Wilmington, Del. $39,118
Banc One Corp., Columbus, Ohio 30,110
Citicorp, New York 27,600
Chase Manhattan Corp., New York 18,123
Morgan Stanley Dean Witter Discover & Co., NY 14,965
Most Improved Net Charge-off % ratio change
Managed card loans for the 12 month periods 4/97 - 3/98 and 4/96 - 3/97
(As measured by the change in percent of managed portfolio net charge-
Card Percent
Rank change
40 The Limited, Inc., Columbus, Ohio -0.65%
36 Dillard Department Stores, Inc., Little -0.59
27 National City Corp., Cleveland -0.47
44 Firstar Corp., Milwaukee -0.33
31 Travelers Group Inc., New York -0.2
Most Impaired Net Charge-off % ratio change
Managed card loans for the 12 month periods 4/97 - 3/98 and 4/96 -
