While most issuers are reporting a first quarter decline in chargeoffs and delinquency, Providian Financial Corp. posted a significant increase in both benchmarks. Chargeoffs rose from 6.78% for first quarter ’98 to 7.62% for first quarter ’99. Delinquency also increased from 4.61% last year to 4.91% this year. Never the less, Providian reported record first quarter net income of $113.5 million, an increase of 102% over the first quarter of 1998. Providian says it added over 1 million accounts during the quarter, bringing total customer relationships to 9 million. Providian reported a return on average equity of 52.19% for the first quarter. For current and historical financials details on Providian visit CardData ([www.carddata.com]).