PCi Corporation Announces Its Annual Bank Holding Company Rankings in Small Business Lending...

Business Editors

BOSTON--(BUSINESS WIRE)--Nov. 20, 2002

A Look at Total Lending by Originations and Dollar Volume Provides

Comprehensive Perspective

PCi Corporation, the leading provider of compliance risk management solutions, today announced its highly anticipated

Tracking lending by both originations and overall dollar volume, a more complete picture of small business lending emerges. From this perspective, it is clear that financial institutions are meeting the capital needs of small businesses in various ways.

In 2001, Citibank was the small business lending leader by number of new loans originated, while Wells Fargo & Co. captured the top spot for total dollar volume of new small loans (less than $1MM) to businesses. Regulatory agencies review both number of loans and dollar value of lending when reviewing lending institution performance under CRA. Smaller loans and extended card credit facilitate everyday growth in small businesses, while larger loans to small businesses are beneficial for larger investments and capital expenditures.

"These rankings demonstrate a strong commitment by lending institutions to support small businesses. Banks understand that small businesses are the backbone of the U.S. economy, and they require capital to remain competitive and grow," said Raffi Festekjian, president and CEO, PCi Corporation. "By ranking both originations and dollar volume a more comprehensive picture emerges of small business lending activity. PCi Corporation is proud to work with financial institutions supporting small business."

The following tables list the leading small business lenders in the U.S. and Puerto Rico, to low- and moderate-income neighborhoods and to businesses with $1 million or less in revenues. These rankings include institutions required to report data under the CRA. The rankings are shown for total dollar amount loaned and total number of originations and consider originated small business transactions only.

2001 Top Small Business Lenders by Number of Loans(a) US & Puerto Rico

                                                               Average
                                                   $             Loan
                              #          %    Originations   %   Size
Rank  Institution        Originations  Count     ($MM)    Volume  ($M)

 1   CITIGROUP INC.        1,053,483   17.43   $5,342,735   2.42    $5
 2   GE CAPITAL FINANCIAL
      INC.                   767,704   12.70   $3,037,052   1.38    $4
 3   AMERICAN EXPRESS
      CENTURION BANK         658,902   10.90   $3,692,135   1.67    $6
 4   CAPITAL ONE, F.S.B.     592,451    9.80   $1,691,722   0.77    $3
 5   MBNA AMERICA, N.A.      443,339    7.34   $3,543,449   1.60    $8
 6   ADVANTA CORPORATION     226,412    3.75   $1,766,745   0.80    $8
 7   WELLS FARGO AND CO.     178,568    2.95   $9,003,075   4.08   $50
 8   US BANCORP              162,897    2.70   $6,463,298   2.93   $40
 9   BANK ONE CORPORATION    143,132    2.37   $3,818,240   1.73   $27
10   JPMORGAN CHASE           80,669    1.33   $3,871,814   1.75   $48
11   BANK OF AMERICA, N.A.    76,284    1.26   $7,480,229   3.39   $98
12   FLEETBOSTON
      FINANCIAL CORPORATION   74,319    1.23   $2,756,033   1.25   $37
13   WACHOVIA CORPORATION     70,845    1.17   $9,516,597   4.31  $134
14   AMSOUTH BANK             45,686    0.76   $3,530,233   1.60   $77
15   BB&T CORPORATION         43,965    0.73   $4,413,040   2.00  $100

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans


   2001 Top Small Business Lenders by Total Lending Dollars(a) US &
                             Puerto Rico
                                                               Average
                                                $               Loan
                            #          %   Originations   %     Size
Rank  Institution      Originations  Count    ($MM)     Volume  ($M)
 1   WACHOVIA
      CORPORATION          70,845    1.17   $9,516,597   4.31   $134
 2   WELLS FARGO AND CO.  178,568    2.95   $9,003,075   4.08    $50
 3   BANK OF AMERICA,
      N.A.                 76,284    1.26   $7,480,229   3.39    $98
 4   US BANCORP           162,897    2.70   $6,463,298   2.93    $40
 5   CITIGROUP INC.     1,053,483   17.43   $5,342,735   2.42     $5
 6   SUNTRUST BANKS,
      INC.                 41,685    0.69   $4,926,878   2.23   $118
 7   BB&T CORPORATION      43,965    0.73   $4,413,040   2.00   $100
 8   REGIONS FINANCIAL
      CORPORATION          41,138    0.68   $3,918,873   1.77    $95
 9   FIFTH THIRD BANCORP   22,863    0.38   $3,894,943   1.76   $170
10   JPMORGAN CHASE        80,669    1.33   $3,871,814   1.75    $48
11   BANK ONE
      CORPORATION         143,132    2.37   $3,818,240   1.73    $27
12   AMERICAN EXPRESS
      CENTURION BANK      658,902   10.90   $3,692,135   1.67     $6
13   MBNA AMERICA, N.A.   443,339    7.34   $3,543,449   1.60     $8
14   AMSOUTH BANK          45,686    0.76   $3,530,233   1.60    $77
15   NATIONAL CITY
      CORPORATION          38,858    0.64   $3,075,695   1.39    $79

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans


    2001 Top Small Business Lenders(a) to Low- and Moderate-Income
        Neighborhoods(b) by Number of Loans U.S. & Puerto Rico

                                                               Average
                                                  $               Loan
                            #         %     Originations    %     Size
Rank  Institution     Originations  Count      ($MM)     Volume   ($M)
 1   CITIGROUP INC.      192,633    17.46     $978,821    2.23     $5
 2   GE CAPITAL
      FINANCIAL INC.     162,693    14.74     $637,197    1.45     $4
 3   AMERICAN EXPRESS
      CENTURION BANK      98,481     8.93     $543,642    1.24     $6
 4   MBNA AMERICA, N.A.   88,952     8.06     $699,592    1.60     $8
 5   CAPITAL ONE, F.S.B.  86,411     7.83     $183,516    0.42     $2
 6   ADVANTA BANK FSB     44,843     4.06     $350,284    0.80     $8
 7   WELLS FARGO AND CO.  39,461     3.58   $2,194,128    5.01    $56
 8   US BANCORP           28,192     2.55   $1,182,390    2.70    $42
 9   BANK ONE
      CORPORATION         24,099     2.18     $762,831    1.74    $32
10   BANK OF AMERICA,
      N.A.                17,445     1.58   $1,906,633    4.35   $109
11   JPMORGAN CHASE       15,741     1.43     $856,354    1.96    $54
12   FLEETBOSTON
      FINANCIAL
      CORPORATION         14,657     1.33     $553,011    1.26    $38
13   WACHOVIA
      CORPORATION         12,395     1.12   $1,736,197    3.96   $140
14   AMSOUTH BANK          8,510     0.77     $718,161    1.64    $84
15   SUNTRUST BANKS, INC.  8,338     0.76   $1,078,637    2.46   $129

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans
(b) companies are located in low- or moderate-income census tracts


    2001 Top Small Business Lenders(a) to Low- and Moderate-Income
     Neighborhoods(b) by Total Lending Dollars U.S. & Puerto Rico

                                                               Average
                                                 $               Loan
                              #         %   Originations   %     Size
Rank   Institution      Originations  Count    ($MM)     Volume  ($M)
 1    WELLS FARGO AND CO.   39,461    3.58   $2,194,128   5.01    $56
 2    BANK OF AMERICA,
       N.A.                 17,445    1.58   $1,906,633   4.35   $109
 3    WACHOVIA
       CORPORATION          12,395    1.12   $1,736,197   3.96   $140
 4    US BANCORP            28,192    2.55   $1,182,390   2.70    $42
 5    SUNTRUST BANKS, INC.   8,338    0.76   $1,078,637   2.46   $129
 6    CITIGROUP INC.       192,633   17.46     $978,821   2.23     $5
 7    JPMORGAN CHASE        15,741    1.43     $856,354   1.96    $54
 8    BB&T CORPORATION       7,412    0.67     $792,657   1.81   $107
 9    ZIONS BANCORPORATION   4,503    0.41     $774,504   1.77   $172
10    BANK ONE
       CORPORATION          24,099    2.18     $762,831   1.74    $32
11    FIFTH THIRD BANCORP    4,145    0.38     $747,861   1.71   $180
12    AMSOUTH BANK           8,510    0.77     $718,161   1.64    $84
13    MBNA AMERICA, N.A.    88,952    8.06     $699,592   1.60     $8
14    REGIONS FINANCIAL
       CORPORATION           6,628    0.60     $656,446   1.50    $99
15    COMERICA
       INCORPORATED          2,378    0.22     $640,540   1.46   $269

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans
(b) companies are located in low- or moderate-income census tracts


 2001 Top Small Business Lenders(a) to Businesses with less than or =
    to $1 Million in Revenues by Number of Loans U.S. & Puerto Rico

                                                               Average
                                                $                Loan
                            #          %    Originations   %      Size
Rank  Institution      Originations  Count     ($MM)     Volume   ($M)
 1   CITIGROUP INC.       790,090    29.69   $3,343,756   3.28     $4
 2   ADVANTA CORPORATION  226,412     8.51   $1,766,745   1.73     $8
 3   AMERICAN EXPRESS
      CENTURION BANK      212,412     7.98   $1,967,449   1.93     $9
 4   MBNA AMERICA, N.A.   199,390     7.49   $1,716,537   1.68     $9
 5   WELLS FARGO AND CO.   86,092     3.23   $3,721,997   3.65    $43
 6   US BANCORP            48,502     1.82   $1,988,180   1.95    $41
 7   AMSOUTH BANK          41,543     1.56   $2,640,228   2.59    $64
 8   BANK OF AMERICA       41,211     1.55   $2,011,164   1.97    $49
 9   REGIONS FINANCIAL
      CORPORATION          36,906     1.39   $2,970,643   2.91    $80
10   JPMORGAN CHASE        36,900     1.39   $1,347,055   1.32    $37
11   BB&T CORPORATION      35,498     1.33   $2,794,405   2.74    $79
12   WACHOVIA
      CORPORATION          26,005     0.98   $2,555,573   2.50    $98
13   SUNTRUST BANKS, INC.  25,161     0.95   $2,036,481   1.99    $81
14   NATIONAL CITY
      CORPORATION          22,013     0.83   $1,323,416   1.30    $60
15   FIFTH THIRD BANCORP   15,011     0.56   $1,898,524   1.86   $126

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans


 2001 Top Small Business Lenders(a) to Businesses with less than or =
to $1 Million in Revenues by Total Lending Dollars U.S. & Puerto Rico

                                                               Average
                                                 $               Loan
                              #         %   Originations   %     Size
Rank   Institution      Originations  Count    ($MM)     Volume  ($M)
 1    WELLS FARGO AND CO.   86,092    3.23   $3,721,997   3.65    $43
 2    CITIGROUP INC.       790,090   29.69   $3,343,756   3.28     $4
 3    REGIONS FINANCIAL
       CORPORATION          36,906    1.39   $2,970,643   2.91    $80
 4    BB&T CORPORATION      35,498    1.33   $2,794,405   2.74    $79
 5    AMSOUTH BANK          41,543    1.56   $2,640,228   2.59    $64
 6    WACHOVIA
       CORPORATION          26,005    0.98   $2,555,573   2.50    $98
 7    SUNTRUST BANKS, INC.  25,161    0.95   $2,036,481   1.99    $81
 8    BANK OF AMERICA,
       N.A.                 41,211    1.55   $2,011,164   1.97    $49
 9    US BANCORP            48,502    1.82   $1,988,180   1.95    $41
10    AMERICAN EXPRESS
       CENTURION BANK      212,412    7.98   $1,967,449   1.93     $9
11    FIFTH THIRD BANCORP   15,011    0.56   $1,898,524   1.86   $126
12    ADVANTA BANK FSB     226,412    8.51   $1,766,745   1.73     $8
13    MBNA AMERICA, N.A.   199,390    7.49   $1,716,537   1.68     $9
14    JPMORGAN CHASE        36,900    1.39   $1,347,055   1.32    $37
15    NATIONAL CITY
       CORPORATION          22,013    0.83   $1,323,416   1.30    $60

Source: PCi Corporation (2001 Peer Small Business Lending Data)
(a) numbers are consolidated for all identifiable corporate
    affiliates and reflect originated small business loans

The banking industry anticipates PCi's annual small business lending rankings because the results are objective and accurate. Rankings are produced using PCi's market-leading CRA Wiz, the only software solution capable of quickly producing different analyses of these data. Over 70% of all CRA processing was prepared for submission using CRA Wiz in 2001. In addition, all top lenders listed here are PCi Corporation clients.

About PCi Corporation (www.pciwiz.com)

PCi Corporation, in addition to providing marketing strategy and MCIF services, is the leading provider of compliance risk management solutions that ensure financial institutions fully comply with the Community Reinvestment Act (CRA), the Home Mortgage Disclosure Act (HMDA), fair lending laws, and the National Flood Insurance Reform Act. More than 90 of the nation's top 100 banks, numerous community banks, all federal banking regulatory and enforcement agencies, and many other federal and state regulatory and enforcement agencies rely on the company's compliance products, data, and services. PCi is based in Boston, MA.