+++

Fastest Growth in Managed Loans

Percent

Card Growth 96-97

Rank

25 PNC Bank Corp., Pittsburgh (B) 205.70%

37 BankBoston Corp. (B) 189.50%

33 Fingerhut Companies Inc., Minnetonka, Minn. ( 168.30%

27 Fleet Financial Group Inc., Boston (B) 82.10%

28 Peoples Mutual Holdings, Bridgeport, Conn. (T 44.40%

Totals for the top 50 1997 8.50%

Totals for 33 banks & thrifts in top 50 4.10%

Totals for 17 diversified fin. cos. in top 50 15.70%

Total for credit card market (all revolving c 12.00%

Largest Decliners in Managed Loans

Percent

Card Growth

Rank 96-97

22 Bank of New York Co., Inc. (B) -51.30%

30 Norwest Corp., Minneapolis (B) -29.30%

40 Barnett Banks Inc., Jacksonville, Fla. (B) -28.20%

31 Mellon Bank Corp., Pittsburgh (B) -27.80%

21 General Electric Capital Corp., Stamford, Con -27.20%

Highest Percentage Noncurrent

Card Percent

Rank Noncur.

28 Peoples Mutual Holdings, Bridgeport, Conn. (T 4.64

23 Beneficial Corp., Wilmington, Del. (D) 3.86

17 Associates First Capital Corp., Irving, Tex. 3.83

45 Dillard Department Stores Inc., Little Rock, 3.79

22 Bank of New York Co. Inc. (B) 3.35

Totals for the top 50 of 1997 2.01

Totals for 33 banks & thrifts in top 50 1.84

Totals for 17 diversified fin. cos. in top 50 2.36

Totals for all FDIC insured banks 1.98

Lowest Percentage Noncurrent

Card Percent

Rank Noncur.

41 Welsh, Carson, Anderson & Stowe, New York (D) 0.34

19 Chevy Chase Bank FSB, Md. (T) 0.56

24 USAA, San Antonio, Tex. (D) 0.64

26 U.S. Bancorp, Minneapolis (B) 0.71

20 Wachovia Corp., Winston-Salem, N.C. (B) 0.74

Highest Percentage Charged Off

Card Percent

Rank Charged off

28 Peoples Mutual Holdings, Bridgeport, Conn. (T 9.56

43 Mercantile Bancorp. Inc., St. Louis (B) 8.93

22 Bank of New York Co. Inc. (B) 8.55

18 Wells Fargo & Co., San Francisco (B) 8.47

33 Fingerhut Companies Inc., Minnetonka, Minn. ( 7.9

Totals for the top 50 of 1997

Totals for 33 banks & thrifts in top 50 5.52

Totals for 17 diversified fin. cos. in top 50 5.57

Totals for all FDIC insured banks 5.43

4.91

Lowest Percentage Charged Off

Card Percent

Rank Charged off

44 Travelers Group Inc., New York (D) 1.92

24 USAA, San Antonio, Tex. (D) 1.95

40 Barnett Banks Inc., Jacksonville, Fla. (B) 2

2 MBNA Corp., Wilmington, Del. (B) 2.13

19 Chevy Chase Bank FSB, Md. (T) 2.24

Data source: American Banker survey. Managed Credit Card Receivables comprise loans on the books plus securitized assets outstanding backed by credit card revolving loans receivable. Total Credit Card Market includes all revolving credit issued by commercial banks, finance companies, credit unions, retailers, savings institutions, gasoline companies, and pools of securitized credit card receivables. Total Credit Card market data is culled from the Federal Reserve Board's Bulletin. Top 50's share of the Total Credit Card Market is the top 50 as a percentage of all revolving credit outstanding. Noncurrent as a % of Total Credit Card Loans on the books is noncurrent credit card loans expressed as a percentage of card loans on the books. Net Chargeoff as a % of Total Credit Card Loans reflects chargeoffs of credit card loans less recoveries as a % of loans on the books at the end of the quarter, expressed as an annual percentage. Noncurrent and chargeoffs ratios are noted for both the top 50 and for all FDIC-insured banks. Total Pools of Securitized Assets Backed by Credit Card Receivables reflect outstanding balances of pools upon which securities have been issued, and are backed by credit card loans receivable, for which these balances are no longer carried on the balance sheet of the credit card issuer. Historical Reference: 1986 Sept. 8; 1987 Sept. 18; 1988 Sept. 26; 1989 Sep. 18; 1990 Sept. 17; 1991 Sept. 10; 1992 Sept. 14; 1993 Sept. 20; 1994 Sept. 12; 1995 Sept. 11; 1996 Oct. 1 American Banker, 1997 ===

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