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Mbna America (Delaware), N.A.

Wilmington, DE · Cert 34680

FDIC

Q2 2006

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2006, the quarter ended June 30, 2006, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Mbna America (Delaware), N.A.

Wilmington, DE · Cert 34680

FDIC

Q2 2006

$7.5BAssets
$4.9BLoans
$75.3MDeposits
$2.1BEquity
Deposit mix
0%Interest-bearing $0.0M100%Noninterest $75.3MQ2 2005Q2 2006

NIM

5.47%Q2 ’045.98%Q2 ’056.48%Q2 ’06-4%-4%

Non-interest income vs. expense

6.56%Q2 ’045.18%Q2 ’053.47%Q2 ’06+56%-52%

Executive Summary

  • Earnings: ROA of 1.97%, down 93 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.73%.
  • Funding: loans stand at 6476.16% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

1.97%-93 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-14 bps YoY

Efficiency Ratio (YTD, annualized)

37.11%-974 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets2.91%2.93%2.49%2.31%1.97%-93 bps
Return on Equity18.19%17.47%14.53%8.84%7.33%-1,086 bps
Net Interest Margin3.76%3.73%3.66%3.97%3.62%-14 bps
Efficiency Ratio46.85%45.98%46.73%42.60%37.11%-974 bps
Non-Interest Burden-0.99%-1.30%-1.23%-1.06%-1.50%-51 bps
Growth
Asset Growth (YoY)64.77%50.29%39.20%22.41%37.35%-2,742 bps
Loan Growth (YoY)59.11%43.82%31.83%5.14%12.09%-4,702 bps
Deposit Growth (YoY)17.47%64.13%59.83%103.30%41.14%+2,367 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.62%1.64%1.65%0.28%0.73%-89 bps
Allowance / Loans1.31%1.40%1.60%1.77%2.21%+90 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital16.24%17.66%17.68%16.52%14.84%-140 bps
Equity / Assets17.38%18.90%18.47%32.62%28.23%+1,085 bps
Liquidity & Funding
Loans / Deposits8154%5406%5427%5440%6476%-167,814 bps
Liquid Assets / Assets1.84%2.44%2.02%2.93%2.97%+113 bps
CRE / Total Capitaln/an/an/an/an/an/an/a