Providian this morning abandoned its practice of releasing reported and securitized charge-offs and delinquency, and is now reporting managed metrics on a monthly basis. Managed charge-offs dropped to 13.16%, compared to 13.88% at the end of the first quarter, and compared 14.33% in the fourth quarter. Managed 30+ day delinquency rate for April was 6.89% compared to 7.36% at the end of March, and compared to 9.29% at year-end 2003. Providian reported net income for the first quarter of $101.7 million, compared to net income of $4.7 million.The issuer added approximately 533,000 gross new accounts in the first quarter and ended the quarter with approximately 10.3 million customer accounts. Total loans for the quarter were $16.68 billion compared to $16.93 billion for the fourth quarter. For complete details on Providian’s latest performance visit CardData ([www.carddata.com]).