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Data as of quarter ending March 31 (dollar amounts in billions)

part 1 of 3

Top 50 Managed Total

in Managed Credit Cards of Credit

Credit CardPercent Banks & ThPercent Card Percent

Date ReceivablesChange in Top 50 Change Market Change

1997 $379,941 8.50% $208,866 -1.20% $208,866 12.00%

1996 354,718 23.40% 219,729 9.50% 425,823 20.90%

1995 287,381 29.40% 183,142 18.90% 352,273 19.00%

1994 222,040 16.70% 154,717 12.60% 296,023 15.50%

1993 190,202 13.50% 137,451 8.10% 256,233 5.80%

part 2 of 3

Top 50s Banks & ThrDiv. Fin. Top 50s All Bnk/

Market Sharin Top 50 in Top 50 Noncur. % Thrift % of

of Total Credit CardCredit CarCard LoansCard Loans

Date Credit CardMarket SharMarket Sha on Book on Book

1997 79.70% 47.60% 32.10% 2.01% 1.98%

1996 83.30% 51.60% 31.70% 1.68% 1.70%

1995 81.60% 52.00% 29.60% 1.46% 1.35%

1994 75.00% 52.30% 22.70% 1.56% 1.37%

1993 74.20% 53.60% 20.60% 1.73% 1.73%

part 3 of 3

Top 50s NetAll Bnk/ThrifSec. Assets Total

Chgoff % ofChgoff % of of Top 50 Industry

Card Loans Card Loans Mngd Card Secur-

Date on Book on Book Receivables itizations

1997 5.52% 4.91% $171,075 $194,823

1996 4.40% 4.30% 138,334 138,334

1995 3.45% 2.91% 94,663 94,663

1994 3.30% 3.29% 71,663 71,663

1993 4.21% 4.11% 62,112 62,112

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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