-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WvZkz7hNtRDIdz+qZOUeBsCmfT/wTFzu9UvB274HUhJH1N8kjIYiWccBfJgrac6a PRMvbvhq1Q0gV+j6KZVHbg== 0000070858-01-500099.txt : 20010501 0000070858-01-500099.hdr.sgml : 20010501 ACCESSION NUMBER: 0000070858-01-500099 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010415 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA CORP /DE/ CENTRAL INDEX KEY: 0000070858 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560906609 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-06523 FILM NUMBER: 1616353 BUSINESS ADDRESS: STREET 1: NATIONSBANK CORPORATE CENTER STREET 2: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043865000 MAIL ADDRESS: STREET 1: NATIONALSBANK CORPORATE CENTER STREET 2: NC1007 19 04 CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANKAMERICA CORP/DE/ DATE OF NAME CHANGE: 19981022 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANK CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCNB CORP DATE OF NAME CHANGE: 19920107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONSBANK OF DELAWARE NA CENTRAL INDEX KEY: 0000912838 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 510313900 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-69572 FILM NUMBER: 1616354 BUSINESS ADDRESS: STREET 1: 1825 EAST BUCKEYE ROAD CITY: PHOENIX STATE: AZ ZIP: 85034 BUSINESS PHONE: 7043864103 MAIL ADDRESS: STREET 1: BLUE HEN CORPORATE CENTER ROUTE 113 CITY: DOVER STATE: DE ZIP: 19901 8-K 1 bc8k.txt 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): APRIL 15, 2001 BANK OF AMERICA, NATIONAL ASSOCIATION (U.S.A.) ---------------------------------------------- (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) (ORIGINATOR OF THE NATIONSBANK CREDIT CARD MASTER TRUST) UNITED STATES 33-69572 51-0313900 -------------- -------- ---------- (STATE OR OTHER (COMMISSION FILE (I.R.S. EMPLOYER JURISDICTION OF NUMBER) IDENTIFICATION NO.) INCORPORATION 1825 EAST BUCKEYE ROAD PHOENIX, ARIZONA 85034 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) ---------------------------------------- REGISTRANT'S TELEPHONE NUMBER INCLUDING AREA CODE: (704) 386-4103 PAGE 1 OF 17 EXHIBIT INDEX APPEARS ON PAGE 4 ITEM 5. OTHER EVENTS ------------- THE REGISTRANT HEREBY INCORPORATES BY REFERENCE THE INFORMATION CONTAINED IN EXHIBIT 99 HERETO IN RESPONSE TO THIS ITEM 5. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS ------------------------------------------------------------------- (C) EXHIBITS 99A MONTHLY CERTIFICATEHOLDER'S STATEMENT -- NATIONSBANK CREDIT CARD MASTER TRUST $500,000,000 CLASS A 6.0% ASSET BACKED CERTIFICATES, SERIES 1993-2 99B MONTHLY CERTIFICATEHOLDER'S STATEMENT -- NATIONSBANK CREDIT CARD MASTER TRUST $31,915,000 CLASS B 6.25% ASSET BACKED CERTIFICATES, SERIES 1993-2 99E MONTHLY CERTIFICATEHOLDER'S STATEMENT -- NATIONSBANK CREDIT CARD MASTER TRUST $756,000,000 CLASS A 5.29375% ASSET BACKED CERTIFICATES, SERIES 1996-1 99F MONTHLY CERTIFICATEHOLDER'S STATEMENT -- NATIONSBANK CREDIT CARD MASTER TRUST $58,500,000 CLASS B 5.42375% ASSET BACKED CERTIFICATES, SERIES 1996-1 PAGE 2 OF 17 SIGNATURES PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED HEREUNTO DULY AUTHORIZED. BANK OF AMERICA, NATIONAL ASSOCIATION (USA) ------------------------------------------- (REGISTRANT) DATED: APRIL 15, 2001 BY: /S/ VICTORIA J. JAHANBANI ---------------- ---------------------------- NAME: VICTORIA J. JAHANBANI TITLE: VICE PRESIDENT (DULY AUTHORIZED OFFICER) PAGE 3 OF 17 SEQUENTIALLY EXHIBIT NUMBERED NUMBER EXHIBIT PAGE - ------ ------- ---- 99A MONTHLY CERTIFICATEHOLDER'S STATEMENT -- EXHIBIT 99 NATIONSBANK CREDIT CARD MASTER TRUST A & B $500,000,000 CLASS A 6.0% ASSET BACKED 5 - 10 CERTIFICATES, SERIES 1993-2 99B MONTHLY CERTIFICATEHOLDER'S STATEMENT -- EXHIBIT 99 NATIONSBANK CREDIT CARD MASTER TRUST A & B $31,915,000 CLASS B 6.25% ASSET BACKED 5 - 10 CERTIFICATES, SERIES 1993-2 99E MONTHLY CERTIFICATEHOLDER'S STATEMENT -- EXHIBIT 99 NATIONSBANK CREDIT CARD MASTER TRUST F, G, & H $756,000,000 CLASS A 5.29375% ASSET BACKED 11 - 17 CERTIFICATES, SERIES 1996-1 99F MONTHLY CERTIFICATEHOLDER'S STATEMENT -- EXHIBIT 99 NATIONSBANK CREDIT CARD MASTER TRUST F, G, & H $58,500,000 CLASS B 5.42375% ASSET BACKED 11 - 17 CERTIFICATES, SERIES 1996-1 PAGE 4 OF 17 EX-99 2 bc99ab.txt EXHIBIT 99 A AND B
MONTHLY CERTIFICATEHOLDERS STATEMENT NATIONSBANK OF DELAWARE, N/A NATIONSBANK CREDIT CARD MASTER TRUST SERIES 1993-2 ------------- Pursuant to the Master Pooling and Servicing Agreement, dated as of December 1, 1993 (as amended or supplemented, the "Pooling and Servicing Agreement"), as supplemented BZ the Series 1993-2 Supplement, dated as of December 1, 1993 (the "Supplement" and, together with the Pooling and Servicing Agreement, the "Agreement"), each between NationsBank of Delaware, N.A. as Transferor and Servicer, and The Bank of New York, as Trustee, the Servicer is required to prepare certain information each month regarding distributions to Certificateholders and the performance of the Trust. The information with respect to the applicable Distribution Date and Due Period is set forth below. Due Period Mar-01 Determination Date 09-Apr-01 Transfer Date 13-Apr-01 Distribution Date 16-Apr-01 Amortization Period? No Class A Accumulation Period? No Class B Accumulation Period? No Early Amortization Period? No A Receivables for Due Period A(1) Beginning Principal Receivables 2,705,586,861.24 Beginning Finance Charge Receivables (excluding Interchange) 29,715,195.72 Beginning Discount Receivables 0.00 ----------------- Beginning Receivables 2,735,302,056.96 A(2) Removed Principal Receivables 0.00 Removed Finance Charge Receivables (excluding Interchange) 0.00 Removed Receivables 0.00 A(3) Principal Receivables with respect to Additional Accounts 0.00 Finance Charge Receivables with respect to Additional Accounts (excluding Interchange) 0.00 ----------------- Receivables with respect to Additional Accounts 0.00 A(4) Principal Receivables billed 535,167,092.37 Finance Charge Receivables billed (excluding Interchange) 36,042,281.79 Receivables billed 571,209,374.16 A(5) Discount Receivables Generated 0.00 A(6) Collections of Principal Receivables 595,672,683.20 Collections of Finance Charge Receivables (excluding Interchange) 41,440,649.04 Total Collections 637,113,332.24 A(7) Default Amount 12,681,565.09 A(8) Ending Principal Receivables 2,632,399,705.32 Ending Finance Charge Receivables (excluding Interchange) 24,316,828.47 Ending Discount Receivables 0.00 ----------------- Ending Receivables 2,656,716,533.79 A(9) Beginning Aggregate Invested Amount 1,422,915,000.00 Beginning Aggregate Invested Percentage 52.59% A(10) Beginning Transferor Amount 1,282,671,861.24 Net Change in Transferor Amount (73,187,155.92) Ending Transferor Amount 0.00 Beginning Transferor Interest Percentage 0.00% A(11) Collections of Finance Charge Receivables allocable to Interchange 7,404,719.17 Exhibit 99 A and B Page 5 of 17 B Delinquencies and Losses for Due Period B(1) Delinquent Accounts 30-59 Days Delinquent 10,909 60-89 Days Delinquent 6,369 90-119 Days Delinquent 5,027 120+ Days Delinquent 6,625 B(2) Defaulted Accounts 0 B(3) Delinquent Receivables 30-59 Days Delinquent 46,618,865.40 60-89 Days Delinquent 28,785,673.16 90-119 Days Delinquent 22,750,582.57 120+ Days Delinquent 32,652,811.78 B(4) Default Amount 7,117,265.64 C Base Rate and Portfolio Yield C(1) Base Rate (Current Due Period) 8.02% Base Rate (Prior Due Period) 8.02% Base Rate (Two Due Periods Ago) 8.02% Three Month Average Base Rate 8.02% C(2) Portfolio Yield (Current Due Period) 18.51% Portfolio Yield (Prior Due Period) 20.35% Portfolio Yield (Two Due Periods Ago) 19.07% Three Month Average Portfolio Yield 19.31% D Series 1993-2 Invested Amount D(1) Class A Initial Invested Amount 500,000,000.00 Class B Initial Invested Amount 31,915,000.00 ----------------- Initial Invested Amount 531,915,000.00 D(2) Class A Invested Amount as of the beginning of the Due Period 500,000,000.00 Class B Invested Amount as of the beginning of the Due Period 31,915,000.00 ----------------- Invested Amount as of the beginning of the Due Period 531,915,000.00 D(3) Class A Invested Amount at the end of revolving period N/A Class B Invested Amount at the end of revolving period N/A Invested Amount at the end of revolving period N/A D(4) Principal Funding Account Balance as of end of day on preceding Distribution Date 0.00 Deposits to Principal Funding Account 0.00 Principal Funding Investment Proceeds 0.00 Withdrawals from Principal Funding Account 0.00 Allocation of Principal Funding Investment Proceeds 0.00 ----------------- Principal Funding Account Balance as of end of day on current 0.00 Distribution Date D(5) Class A Adjusted Invested Amount as of the beginning of the Due Period 500,000,000.00 Class B Adjusted Invested Amount as of the beginning of the Due Period 31,915,000.00 ----------------- Adjusted Invested Amount as of the beginning of the Due Period 531,915,000.00 D(6) Enhancement Initial Invested Amount 0.00 Enhancement Invested Amount 0.00 D(7) Floating Allocation Percentage 19.66% D(8) Principal Allocation Percentage 19.66% Exhibit 99 A and B Page 6 of 17 E Servicing Fee Calculation E(1) Servicing Base Amount 531,915,000.00 E(2) Servicer Interchange 332,446.88 Class A Servicing Fee 520,833.44 Class B Servicing Fee 33,244.69 ----------------- Subtotal 886,525.01 Investor Monthly Servicing Fee 886,525.01 ----------------- Shortfall of Servicer Interchange 0.00 E(3) Investor Default Amount 1,399,254.42 E(4) Monthly Cash Collateral Fee 9,142.36 F Reserve Account F(1) Reserve Account Balance as of end of day on preceding Distribution Date 0.00 Deposits to Reserve Account 0.00 Interest earnings on Reserve Account 0.00 Withdrawals from Reserve Account 0.00 ----------------- Reserve Account Balance as of end of day on current Distribution Date 0.00 F(2) Required Reserve Account Amount 0.00 F(3) Available Reserve Account Amount 0.00 F(4) Reserve Draw Amount 0.00 F(5) Reserve Account Surplus 0.00 F(6) Covered Amount N/A G Cash Collateral Account G(1) Initial Shared Collateral Amount 26,595,833.00 Initial Class B Collateral Amount 5,319,167.00 ----------------- Initial Cash Collateral Amount 31,915,000.00 G(2) Cash Collateral Account balance as of end of day on preceding Distribution Date 31,915,000.00 Deposits to Cash Collateral Account 0.00 Withdrawals from Cash Collateral Account 0.00 ----------------- Cash Collateral Account balance as of end of day on current 31,915,000.00 Distribution Date G(3) Cash Collateral Account Surplus 0.00 G(4) Available Shared Collateral Amount 26,595,833.00 Available Cash Collateral Amount 31,915,000.00 G(5) Required Draw Amount 0.00 Interest Draw Amount 0.00 Servicing Draw Amount 0.00 Default Draw Amount 0.00 Reimbursement Draw Amount/Special Draw Amount/Class A&B Principal Draw Amount 0.00 ----------------- 0.00 Exhibit 99 A and B Page 7 of 17 H Class A Available Funds H(1) Class A Floating Percentage 94.00% H(2) Principal Funding Investment Proceeds (if applicable to Class A) 0.00 Class A Finance Charge Collections (excluding Interchange) 7,658,397.71 Class A allocation of Servicer Interchange 1,368,421.72 Reserve Draw Amount (if applicable to Class A) 0.00 ----------------- Class A Available Funds 9,026,819.43 H(3) Class A Monthly Interest 2,500,000.00 ----------------- Class A Interest Shortfall 0.00 H(4) Class A Additional Interest 0.00 Class A Servicing Fee 520,833.44 Class A allocation of Servicer Interchange 312,500.07 Class A Investor Default Amount 1,315,299.15 H(5) Distribution of Class A Available Funds Class A Monthly Interest plus amounts previously due but not distributed 2,500,000.00 Class A Additional Interest plus amounts previously due but not distributed 0.00 Class A Servicing Fee plus amounts previously due but not distributed 520,833.44 Class A allocation of Servicer Interchange 312,500.07 Class A Investor Default Amount 1,315,299.15 ----------------- Total Class A Excess Spread 4,378,186.77 H(6) Required Amount 0.00 I Class B Available Funds I(1) Class B Floating Percentage 6.00% I(2) Principal Funding Investment Proceeds (if applicable to Class B) 0.00 Class B Finance Charge Collections (excluding Interchange) 488,833.90 Class B allocation of Servicer Interchange 87,346.07 Reserve Draw Amount (if applicable to Class B) 0.00 Class B Available Funds 576,179.97 I(3) Class B Monthly Interest 166,223.96 ----------------- Class B Interest Shortfall 0.00 I(4) Class B Additional Interest 0.00 Class B Servicing Fee 33,244.69 Class B allocation of Servicer Interchange 19,946.81 I(5) Distribution of Class B Available Funds Class B Monthly Interest plus amounts previously due but not distributed 166,223.96 Class B Additional Interest plus amounts previously due but not distributed 0.00 Class B Servicing Fee plus amounts previously due but not distributed 33,244.69 Class B allocation of Servicer Interchange 19,946.81 Total Class B Excess Spread 356,764.51 I(6) Class B Investor Default Amount 83,955.27 Exhibit 99 A and B Page 8 of 17 J Excess Spread and Excess Finance Charge Collections J(1) Total Excess Spread 4,734,951.28 Excess Finance Charge Collections allocated from other series 0.00 ----------------- 4,734,951.28 J(2) Applied to Required Amount 0.00 Applied to Class A Investor Charge Offs 0.00 Applied to Class B Monthly Interest & Additional Interest 0.00 Applied to Class B Servicing Fee 0.00 Applied to Class B Investor Default Amount 83,955.27 Applied to Class B Invested Amount reductions 0.00 Applied to Enhancement Invested Amount reductions 0.00 Applied to Cash Collateral Account 0.00 Applied to Monthly Cash Collateral Fee 9,142.36 Applied to Reserve Account 0.00 Applied to Cash Collateral Depositor 0.00 ----------------- 0.00 J(3) Finance Charge Shortfall 0.00 J(4) Portion of Shared Collateral Amount applied to Required Amount 0.00 Portion of Reallocated Principal Collections applied to Required Amount 0.00 K Principal Collections K(1) Available Principal Collections 117,109,249.52 Excess Principal Collections with respect to other Series 0.00 Subtotal 117,109,249.52 K(2) Class A Principal Percentage 94.00% Class A Monthly Principal 0.00 K(3) Class B Principal Percentage 6.00% Class B Monthly Principal 0.00 K(4) Allocation of Principal Collections Deposit to Principal Funding Account 0.00 Distribution to Cash Collateral Depositor 0.00 Excess Principal Collections 117,109,249.52 Principal Shortfall 0.00 K(5) Reallocated Principal Collections pursuant to Section 4.9(a) 0.00 K(6) Amount BZ which Class B Invested Amount was reduced pursuant to 4.7(a) 0.00 L Accumulation Period L(1) Controlled Accumulation Amount (Class A) N/A Deficit Controlled Accumulation Amount (Class A) N/A Controlled Deposit Amount (Class A) 0.00 L(2) Controlled Accumulation Amount (Class B) N/A Deficit Controlled Accumulation Amount (Class B) N/A ----------------- Controlled Deposit Amount (Class B) 0.00 Exhibit 99 A and B Page 9 of 17 M Investor Charge Offs M(1) Class A Investor Charge Offs 0.00 Class B Investor Charge Offs 0.00 M(2) The amount of reimbursed Class A Investor Charge Offs 0.00 The amount of reimbursed Class B Investor Charge Offs 0.00 M(3) The amount, if any, BZ which the outstanding principal balance of the Certificates exceeds the Invested Amount after giving effect to all transactions on the Distribution Date Class A 0.00 Class B 0.00 N Distributions to Class A Certificateholders (per $1,000 original principal amount) N(1) Total distribution to Class A Certificateholders 5.00 Amount with respect to interest 5.00 Amount with respect to principal 0.00 N(2) Class A Investor Charge Offs 0.00 N(3) The amount of reimbursed Class A Investor Charge Offs 0.00 O Distributions to Class B Certificateholders (per $1,000 original principal amount) O(1) Total distribution to Class B Certificateholders 5.21 Amount with respect to interest 5.21 Amount with respect to principal 0.00 O(2) Class B Investor Charge Offs 0.00 O(3) The amount of reimbursed Class B Investor Charge Offs 0.00 NATIONSBANK OF DELAWARE, N.A. as Servicer BZ: \s\ Victoria J. Jahanbani ---------------------------- Name: Victoria J. Jahanbani Title: Vice President Exhibit 99 A and B Page 10 of 17
EX-99 3 bc99ef.txt EXHIBIT 99 E AND F
MONTHLY CERTIFICAUEHOLDERS STATEMENT NationsBank OF DELAWARE, N.A. NATIONSBANK CREDIT CARD MASTER TRUST SERIES 1996-1 Pursuant to the Master Pooling and Servicing Agreement, dated as of December 1, 1993 (AU amended or supplemented, the "Pooling and Servicing Agreement"), AU supplemented by the Series 1996-1 Supplement, dated as of June11, 1996 (the "Supplement" and, together with the Pooling and Servicing Agreement, the "Agreement"), each between NationsBank of Delaware, N.A. as Transferor and Servicer, and The Bank of New York, as Trustee, the Servicer is required to prepare certain information each month regarding distributions to Certificateholders and the performance of the Trust. The information with respect to the applicable Distribution Date and Due Period is set forth below. Due Period Mar-01 Determination Date 09-Apr-01 Transfer Date 13-Apr-01 Distribution date 16-Apr-01 Interest Period 3/15/01-6/14/01 Interest Payment date 15-Mar-01 Amortization Period? No Class A Accumulation Period? No Class B Accumulation Period? No Early Amortization Period? No A Receivables for Due Period A(1) Beginning Principal Receivables 2,705,586,861.24 Beginning Finance Charge Receivables (excluding Interchange) 29,715,195.72 Beginning Discount Receivables 0.00 ----------------- Beginning Receivables 2,735,302,056.96 A(2) Removed Principal Receivables 0.00 Removed Finance Charge Receivables (excluding Interchange) 0.00 ----------------- Removed Receivables 0.00 A(3) Principal Receivables with respect to Additional Accounts 0.00 Finance Charge Receivables with respect to Additional Accounts (excluding Interchange) 0.00 ----------------- Receivables with respect to Additional Accounts 0.00 A(4) Principal Receivables billed 535,167,092.37 Finance Charge Receivables billed (excluding Interchange) 36,042,281.79 ----------------- Receivables billed 571,209,374.16 A(5) Discount Receivables generated 0.00 A(6) Collections of Principal Receivables 595,672,683.20 Collections of Finance Charge Receivables (excluding Interchange) 41,440,649.04 ----------------- Total Collections 637,113,332.24 A(7) Default Amount (excluding Recoveries) 12,681,565.09 A(8) Ending Principal Receivables 2,632,399,705.32 Ending Finance Charge Receivables (excluding Interchange) 24,316,828.47 Ending Discount Receivables 0.00 ----------------- Ending Receivables 2,656,716,533.79 A(9) Beginning aggregate Invested Amount 1,422,915,000.00 Beginning aggregate Invested Percentage 47.41% A(10) Beginning Transferor Amount 0.47 Net Change in Transferor Amount (73,187,155.92) ----------------- Ending Transferor Amount 1,209,484,705.32 Beginning Transferor Interest Percentage 47.41% A(11) Collections of Finance Charge Receivables allocable to Interchange 7,404,719.17 Exhibit 99 F, G and H Page 11 of 17 B Delinquencies and Losses for Due Period B(1) Delinquent Accounts 30-59 Days Delinquent 10,909 60-89 Days Delinquent 6,369 90-119 Days Delinquent 5,027 120+ Days Delinquent 6,625 B(2) Defaulted Accounts 0 B(3) Delinquent Receivables 30-59 Days Delinquent 46,618,865.40 60-89 Days Delinquent 28,785,673.16 90-119 Days Delinquent 22,750,582.57 120+ Days Delinquent 32,652,811.78 B(4) Default Amount 7,117,265.64 C BBse Rate and Portfolio Yield C(1) BBse Rate (Current Due Period) 7.59% BBse Rate (Prior Due Period) 8.24% BBse Rate (Two Due Periods Ago) 8.72% Three Month Average BBse Rate 8.18% C(2) Portfolio Yield (Current Due Period) 18.58% Portfolio Yield (Prior Due Period) 20.44% Portfolio Yield (Two Due Periods Ago) 19.14% Three Month Average Portfolio Yield 19.39% D Series 1996-1 Invested Amount D(1) Class A Initial Invested Amount 756,000,000.00 Class B Initial Invested Amount 58,500,000.00 Collateral Initial Indebtedness Amount 85,500,000.00 ----------------- Initial Invested Amount 900,000,000.00 D(2) Class A Investor Amount AU of the beginning of the Due Period 756,000,000.00 Class B Investor Amount AU of the beginning of the Due Period 58,500,000.00 ----------------- Investor Amount 891,000,000.00 D(3) Class A Invested Amount AU the end of revolving period N/A Class B Invested Amount AU the end of revolving period N/A Collateral Indebtedness Amount AU the end of revolving period N/A ----------------- Invested Amount AU the end of revolving period N/A D(4) Principal Funding Account BBlance AU of end of day on preceding Distribution Date 0.00 Deposits to Principal Funding Account 0.00 Principal Funding Investment Proceeds 0.00 Withdrawals from Principal Funding Account 0.00 Allocation of Principal Funding Investment Proceeds 0.00 ----------------- Principal Funding Account BBlance as of end of day on current Distribution Date 0.00 D(5) Class A Invested Amount as of the beginning of the Due Period 756,000,000.00 Class B Invested Amount as of the beginning of the Due Period 58,500,000.00 Collateral Indebtedness Amount as of the beginning of the Due Period 76,500,000.00 ----------------- Invested Amount as of the beginning of the Due Period 891,000,000.00 D(6) Required Enhancement Amount 84,645,000.00 Enhancement Surplus 855,000.00 Available Enhancement Amount 84,645,000.00 D(7) Floating Allocation Percentage 32.93% D(8) Fixed Allocation Percentage N/A Exhibit 99 F, G and H Page 12 of 17 E Servicing Fee Calculation E(1) Servicing BBse Amount 891,000,000.00 E(2) Servicer Interchange 556,875.00 Class A Servicing Fee 787,500.00 Class B Servicing Fee 60,937.50 Collateral Servicing Fee 79,687.50 ----------------- Subtotal 1,485,000.00 Investor Monthly Servicing Fee 1,485,000.00 ----------------- Shortfall of Servicer Interchange 0.00 E(3) Investor Default Amount 2,343,715.58 E(4) F Reserve Account F(1) Reserve Account BBlance as of end of day on preceding Distribution Date 0.00 Deposits to Reserve Account 0.00 Interest earnings on Reserve Account 0.00 Withdrawals from Reserve Account 0.00 ----------------- Reserve Account BBlance AU of end of day on current Distribution Date 0.00 F(2) Required Reserve Account Amount N/A F(3) Available Reserve Account Amount N/A F(4) Reserve Draw Amount 0.00 F(5) Reserve Account Surplus 0.00 F(6) Covered Amount N/A G Cash Collateral Account G(1) Initial Cash Collateral Amount 0.00 G(2) Cash Collateral Account BBlance as of end of day on preceding Distribution Date 9,000,000.00 Deposits to Cash Collateral Account (Net of Investment Earnings) 0.00 Investment Earnings on Cash Collateral Account 38,744.34 Withdrawals from Cash Collateral Account 38,744.34 ----------------- Cash Collateral Account BBlance as of end of day on current 9,000,000.00 G(3) Cash Enhancement Surplus 0.00 G(4) Available Cash Collateral Amount 9,000,000.00 Required Cash Collateral Amount 9,000,000.00 Required Cash Collateral Percentage 1.00% G(5) Required Draw Amount 0.00 H Interest Funding Account H(1) Interest Funding Account BBlance as of end of day on preceding Distribution Date - Deposits to Interest Funding Account 3,759,795.00 Interest Funding Investment Proceeds 17,629.29 Withdrawals from Interest Funding Account (17,629.29) ----------------- Interest Funding Account BBlance as of end of day on current 3,759,795.00 Distribution Date Exhibit 99 F, G and H Page 13 of 17 I Class A Available Funds I(1) Class A Floating Percentage 27.94% I(2) Principal Funding Investment Proceeds (if applicable to Class A) 0.00 Cash Collateral Account Investment Proceeds 32,873.29 Interest Funding Account Investment Proceeds 14,957.86 Class A Finance Charge Collections (excluding Interchange) 11,578,517.34 Class A allocation of Servicer Interchange 2,068,878.54 Reserve Draw Amount (if applicable to class A) 0.00 ----------------- Cclass A Available Funds 13,695,227.03 I(3) Class A Monthly Interest 3,483,480.00 ----------------- Class A Interest Shortfall 0.00 I(4) Class A Additional Interest 0.00 Class A Servicing Fee 787,500.00 Class A Allocation of Service Interchange 472,500.00 Class A Investor Default Amount 1,988,564.03 I(5) Distribution of Class A Available Funds Class A Monthly Interest plus amounts previously due but not distributed 3,483,480.00 Class A Additional Interest plus amounts previously due but not distributed 0.00 Class A Servicing Fee plus amounts previously due but not distributed 787,500.00 Class A Allocation of Servicer Interchange 472,500.00 Class A Investor Default Amount 1,988,564.03 ----------------- Total Class A Excess Spread 6,963,183.00 I(6) Class A Required Amount 0.00 J Class B Available Funds J(1) Class B Floating Percentage 2.16% J(2) Principal Funding Investment Proceeds (if applicable to Class B) 0.00 Cash Collateral Account Investment Proceeds 2,541.38 Interest Funding Account Investment Proceeds 1,156.37 Class B Finance Charge Collections (excluding Interchange) 895,118.02 Class B Allocation of Servicer Interchange 159,941.93 Reserve Draw Amount (if applicable to Class B) 0.00 ----------------- Class B Available Funds 1,058,757.70 J(3) Class B Monthly Interest 276,315.00 ----------------- Class B Interest Shortfall 0.00 J(4) Class B Additional Interest 0.00 Class B Servicing Fee 60,937.50 Class B Allocation of Servicer Interchange 36,562.50 J(5) Distribution of Class B Available Funds Class B Monthly Interest plus amounts previously due but not distributed 276,315.00 Class B Additional Interest plus amounts previously due but not distributed 0.00 Class B Servicing Fee plus amounts previously due but not distributed 60,937.50 Class B Allocation of Servicer Interchange 36,562.50 ----------------- Total Class B Excess Spread 684,942.70 J(6) Class B Investor Default Amount 153,732.94 Class B Required Amount 0.00 Exhibit 99 F, G and H Page 14 of 17 K Collateral Available Funds K(1) Collateral Floating Percentage 2.83% K(2) Collateral Finance Charge Collections 3,329.68 Collateral Allocation of Interest Funding Account Proceeds 1,515.06 Collateral Allocation of Servicer Interchange 209,553.55 Collateral Allocation of Cash Collateral Account Investment Proceeds 3,329.68 ----------------- Collateral Available Funds 1,387,168.66 K(3) Collateral Monthly Interest 391,935.00 ----------------- Collateral Interest Shortfall 0.00 K(4) Collateral Additional Interest 0.00 Collateral Servicing Fee 79,687.50 Collateral Allocation of Servicer Interchange 47,812.50 K(5) Distribution of Collateral Available Funds Collateral Servicing Fee plus amounts previously due but not distributed 79,687.50 Collateral Allocation of Servicer Interchange 47,812.50 ----------------- Total Collateral Excess Spread 1,259,668.66 K(6) Collateral Investor Default Amount 201,418.62 K(7) Collateral Required Amount 0.00 L Excess Spread and Excess Finance Charge Collections L(1) Total Excess Spread 8,907,794.36 Excess Finance Charge Collections allocated from other series 0.00 ----------------- Subtotal 8,907,794.36 L(2) Applied to class A Monthly Interest & Additional Interest 0.00 Applied to class A Servicing Fee 0.00 Applied to class A Investor Default Amount 0.00 Applied to class A Investor Charge Offs 0.00 Applied to class B Monthly Interest & Additional Interest 0.00 Applied to class B Servicing Fee 0.00 Applied to class B Investor Default Amount 153,732.94 Applied to class B Invested Amount reductions 0.00 Applied to collateral Servicing Fee 0.00 Applied to collateral Monthly Interest & Additional Interest 391,935.00 Applied to collateral Default Amount 201,418.62 Applied to collateral Indebtedness Amount reductions 0.00 Applied to cash collateral Account 0.00 Applied to Other Amount Due to collateral Indebtedness Holder 0.00 Applied to Reserve Account 0.00 Applied to cash collateral Depositor 0.00 ----------------- Total Excess Finance Charge Collections 8,160,707.80 L(3) Finance Charge Shortfall 0.00 L(4) Portion of Reallocated Principal Collections applied to Required Amount 0.00 Exhibit 99 F, G and H Page 15 of 17 M Principal Collections M(1) Collections of Principal Receivables allocable to Series 1996-1 196,155,014.58 Excess Principal Collections with respect to other Series 0.00 ----------------- Subtotal 196,155,014.58 M(2) Class A Fixed Percentage N/A Class A Monthly Principal 0.00 M(3) Class B Fixed Percentage N/A Class B Monthly Principal 0.00 M(4) Collateral Fixed Percentage N/A Collateral Monthly Principal 0.00 M(5) Allocation of Principal Collections Deposit to Principal Funding Account 0.00 Distribution to Collateral Indebtedness Holder 0.00 Excess Principal Collections 196,155,014.58 Principal Shortfall 0.00 M(6) Class B Subordinated Principal Collections 13,020,262.89 Collateral Subordinated Principal Collections 17,058,955.55 ----------------- Total Subordinated Principal Collections 30,079,218.44 M(7) Reallocated Principal Collections pursuant to Section 4.9(a) 0.00 Reallocated Principal Collections pursuant to Section 4.9(b) 0.00 Reallocated Principal Collections pursuant to Section 4.9(c) 0.00 ----------------- Total Reallocated Principal Collections 0.00 N Accumulation Period N(1) Controlled Accumulation Amount (Class A) N/A Deficit Controlled Accumulation Amount (Class A) N/A ----------------- Controlled Deposit Amount (Class A) 0.00 N(2) Controlled Accumulation Amount (Class B) N/A Deficit Controlled Accumulation Amount (Class B) N/A ----------------- Controlled Deposit Amount (Class B) 0.00 N(3) Accumulation Period Factor 0.99 Monthly Payment Rate 22.0164% Required Accumulation Factor Number 12.00 Accumulation Period Length 0 Exhibit 99 F, G and H Page 16 of 17 O Investor Charge Offs O(1) Class A Investor Charge Offs 0.00 Class B Investor Charge Offs 0.00 O(2) The amount of reimbursed Class A Investor Charge Offs 0.00 The amount of reimbursed Class B Investor Charge Offs 0.00 O(3) The amount, if any, by which the outstanding principal BBlance of the Certificates exceeds the Invested Amount after giving effect to all transactions on the Distribution Date Class A 0.00 Class B 0.00 P Distributions to Class A Certificateholders (per $1,000 original principal amount) P(1) Total distribution to Class A Certificateholders 4.61 Amount with respect to interest 4.61 Amount with respect to principal 0.00 P(2) Class A Investor Charge Offs 0.00 P(3) The amount of reimbursed Class A Investor Charge Offs 0.00 Q Distributions to Class B Certificateholders (per $1,000 original principal amount) Q(1) Total distribution to Class B Certificateholders 4.72 Amount with respect to interest 4.72 Amount with respect to principal 0.00 Q(2) Class B Investor Charge Offs 0.00 Q(3) The amount of reimbursed Class B Investor Charge Offs 0.00 R Distributions to Collateral Indebtedness Holders (per $1,000 original principal amount) R(1) Total distribution to Collateral Indebtedness Holders 4.58 Amount with respect to interest 4.58 Amount with respect to principal 0.00 R(2) Collateral Investor Charge Offs 0.00 R(3) The amount of reimbursed Collateral Investor Charge Offs 0.00 NATIONSBANK OF DELAWARE, N.A. As Servicer By: \s\ Victoria J. Jahanbani ------------------------ Name: Victoria J. Jahanbani Title: Vice President Exhibit 99 F, G and H Page 17 of 17
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