Figure 2: Net Charge-Offs and Delinquencies Related to Advanta's Credit Card Portfolio and Securitizations

Credit Cards and Securitizations

Period Ended: Dec-2004
Delinquencies: 4.1%
Net Charge-Offs: 8.4% Total: 12.5%

Period Ended: Dec-2005
Delinquencies: 2.9%
Net Charge-Offs: 7.0% Total: 9.9%

Period Ended: Dec-2006
Delinquencies: 2.5%
Net Charge-Offs: 4.3% Total: 6.8%

Period Ended: Dec-2007
Delinquencies: 4.2%
Net Charge-Offs: 4.7% Total: 8.9%

Period Ended: Dec-2008
Delinquencies: 9.4%
Net Charge-Offs: 11.1% Total: 20.5%

Period Ended: Dec-2009
Delinquencies: 10.5%
Net Charge-Offs: 30.8% Total: 41.3%

Source: OIG analysis of UBPRs for Advanta.