In a page 10 ranking Tuesday of top companies in managed credit card loans, ratios of noncurrent loans and net chargeoffs for Peoples Mutual Holdings were inflated by statistical errors.

The noncurrent loans and net chargeoffs shown related to managed loans, not just loans held. The noncurrent loans amounted to 1.86% of managed loans; the net chargeoffs were 3.8% of managed loans.

As a result, the company should not have appeared in the page 13 summary tables of high noncurrent and chargeoff ratios.

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