-----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, CGOkq31/rQmvfUCrTJjRrlkw7TGomYult/qTk3i+ZQCqjSdpiLlUYU4DTv+on7mu fp5qmKqX0KTRACmR64dMMw== 0000893220-97-000401.txt : 19970222 0000893220-97-000401.hdr.sgml : 19970222 ACCESSION NUMBER: 0000893220-97-000401 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970218 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970220 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA NATIONAL BANK USA /PA/ CENTRAL INDEX KEY: 0000822399 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 232804492 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26610 FILM NUMBER: 97539424 BUSINESS ADDRESS: STREET 1: C/O ADVANTA NATIONAL BANK USA STREET 2: ROCKWOOD OFFICE PARK 501 CARR RD CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 3022665272 MAIL ADDRESS: STREET 1: C/O ADVANTA NATIONAL BANK USA STREET 2: ROCKWOOD OFFICE PARK 501 CARR RD CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: COLONIAL NATIONAL BANK USA DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K, ADVANTA CREDIT CARD MASTER TRUST 1 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): February 18, 1997 ADVANTA CREDIT CARD MASTER TRUST (Exact name of Registrant as specified in its charter) New York Reg. No 33-73828 Not Required (State or other (Commission File (I.R.S.Employer jurisdiction of Number) Identification incorporation) Number) Advanta National Bank USA Attention: Gene S. Schneyer Delaware Corporate Center 1, Suite 120 One Righter Parkway, Wilmington, Delaware 19803 (Address of Owner/Servicer) (Address of principal executive offices) (302) 266-5600 (Telephone Number of Owner/Servicer) (Registrant's Telephone Number) 2 Items 1-4 Inapplicable Item 5 Other Events Information relating to the distributions to Certificateholders for the January 1997 Monthly Period of the Trust in respect of the Class A-1 5.95% Fixed Rate Asset Backed Certificates, Series 1992-3, the Class A-2 Floating Rate Asset Backed Certificates, Series 1992-3, Floating Rate Asset Backed Certificates, Series 1993-2, Floating Rate Asset Backed Certificates, Series 1993-4 and, Floating Rate Asset Backed Certificates, Series 1994-1, (the "Certificates") issued by the Registrant and to the performance of the Trust (including collections of Principal Receivables and Finance Charge Receivables, Principal Receivables in the Trust, delinquent balances in Accounts, the Investor Default Amounts, the amount of Investor Charge Offs, and the Investor Servicing Fees), together with certain other information relating to the Certificates, is contained in the Monthly Report for the Monthly Period provided to Certificateholders pursuant to the Pooling and Servicing Agreement dated as of April 1, 1992 (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Agreement") between Advanta National Bank USA and The Chase Manhattan Bank, formerly known as Chemical Bank, as trustee. Capitalized terms not otherwise defined herein have the meanings assigned in the Agreement. As scheduled, Series 1992-3 will begin its scheduled ten-month Controlled Amortization Period on March 1, 1997. Due to the reduction in the Trust's principal payment rate and the fact that Series 1992-3 does not share principal collections with other series in the Trust, the Servicer currently anticipates that Series 1992-3 Principal Allocations will likely be of amounts less than the Controlled Amortization Amount. Based on recent monthly principal payment rates the Servicer anticipates that it may take eleven months for Series 1992-3 to fully pay out, which would make the final Distribution Date for Series 1992-3 the January 1998 Distribution Date, instead of the December 1997 Distribution Date. No assurance, however, can be given that future monthly principal payment rates will be similiar to recent monthly payments or that the actual number of months elapsed from the beginning of the Controlled Amortization Period until the final Distribution Date will equal the anticipated number of months. Series 1992-3 is the only publicly-issued series in the Trust that does not share principal collections and therefore the Servicer anticipates that it should be the only such series in the Trust with respect to which distributions to Investors of Principal Collections will be in an amount that is less than a given series Controlled Amortization Amount. Item 6 Inapplicable Item 7 Financials Statements, Pro Forma Financials Information and Exhibits. 1. Monthly Reports for the January 1997 Monthly Period relating to the Series 1992-3 Class A-1, 5.95% Fixed Rate Asset Backed Certificates, the Series 1992-3 Class A-2 Floating Rate Asset Backed Certificates, the Series 1993-2, the Series 1993-4 and the Series 1994-1 Floating Rate Asset Backed Certificates issued by the Advanta Credit Card Master Trust. 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934 the Registrant has only caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ADVANTA CREDIT CARD MASTER TRUST (Registrant) BY: ADVANTA NATIONAL BANK USA (owner/Servicer) Date: February 18, 1997 BY: /s/ Michael Coco ----------------- Name: Michael Coco Title: Vice President 4 EXHIBIT INDEX
Sequential Exhibit Page Number - ------- ----------- 1. Monthly Reports for the January 1997 Monthly Period relating to the 5 Class A-1 5.95% Fixed Rate Asset Backed Certificates and Class A-2 Floating Rate Asset Backed Certificates, Series 1992-3, the Floating Rate Asset Backed Certificates, Series 1993-2, the Floating Rate Asset Backed Certificates, Series 1993-4 and the Floating Rate Asset Backed Certificates, Series 1994-1, issued by the Advanta Credit Card Master Trust.
EX-1 2 MONTHLY REPORTS FOR JANUARY 1997 1 January 1997 MONTHLY SERVICER'S CERTIFICATE ADVANTA NATIONAL BANK USA ADVANTA CREDIT CARD TRUST The undersigned, a duly authorized representative of Advanta National Bank USA, as Servicer ("AUS") pursuant to the Amended and Restated Master Pooling and Servicing Agreement dated as of April 1, 1992 (the "Agreement"), as amended by the First Amendment dated February 16, 1995 between AUS, as Seller and Servicer and The Chase Manhattan Bank, formerly known as Chemical Bank, as Trustee (the "Trustee") and the Second Amendment dated December 19, 1996 between AUS, as Seller and Servicer and the Trustee does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings set forth in the Agreement: provided that the "preceding Monthly Period" shall mean the Monthly Period immediately preceding the calendar month in which this certificate is delivered. This certificate is delivered pursuant to subsection 3.04(b) of the Agreement. References herein to certain sections and subsections are references to the respective sections and subsections of the Agreement. 2. AUS is as of the date hereof the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. The date of this Certificate is a Determination Date under the Agreement. 5. The aggregate amount of Collections processed for the preceding Monthly Period for this Payment Date is equal to . . . . . . . . . . . . . . . $247,505,152.37 6. The aggregate amount of such Collections allocated to Principal Receivables for the preceding Monthly Period for this Payment Date was equal to: Series 1992-3 $48,044,776.94 Series 1993-2 $38,422,935,16 Series 1993-4 $38,422,935.16 Series 1994-1 $38,422,935.16 7. The aggregate amount of such Collections allocated to Finance Charges Receivables for the preceding Monthly Period for this Payment Date was equal to: Series 1992-3 $6,637,706.97 Series 1993-2 $5,308,385.25 Series 1993-4 $5,308,385.25 Series 1994-1 $4,201,606.17 8. The aggregate amount of such Collections allocated to Finance Charge Receivables that constitute Recoveries on Defaulted Accounts for this preceding Monthly Period for this Payment Date was equal to: Series 1992-3 $83,287.06 Series 1993-2 $66,607.31 Series 1993-4 $66,607.31 Series 1994-1 $52,719.93 2 9. The aggregate amount of such Collections of Finance Charge Receivables that constitute Interchange Fees for the preceding Monthly Period for this Payment Date was equal to: Series 1992-3 $833,333.34 Series 1993-2 $666,666.67 Series 1993-4 $583,333.33 Series 1994-1 $395,555.56 10. The aggregate amount of drawings, if any, under the Enhancement for each Series required to be made on the next succeeding Distribution Date is equal to: Series 1992-3 $0.00 Series 1993-2 $0.00 Series 1993-4 $0.00 Series 1994-1 $0.00 11. The amount of the Monthly Investor Servicing Fee required to be paid on the next succeeding Payment Date for each Series is equal to: Series 1992-3 $833,333.33 Series 1993-2 $666,666.67 Series 1993-4 $666,666.67 Series 1994-1 $527,407.41 12. The aggregate sum of all amounts payable to Investor Certificateholders of each Series on the succeeding Payment Date in respect of Monthly Investor Interest is equal to: Series 1992-3 $2,626,736.11 Series 1993-2 $2,164,666.67 Series 1993-4 $2,172,222.22 Series 1994-1 $1,694,249.38 13. The aggregate sum of all amounts payable to Investor Certificateholders of each Series on the succeeding Payment Date in respect of Monthly Investor Principal is equal to: Series 1992-3 $0.00 Series 1993-2 $0.00 Series 1993-4 $0.00 Series 1994-1 $41,777,778.00 14. The Enhancement Amount for each Series as of the close of business on the following Payment Date, after giving effect to all deposits, drawings and transfers, will be equal to: Series 1992-3 $65,000,000.00 Series 1993-2 $52,000,000.00 Series 1993-4 $52,000,000.00 Series 1994-1 $26,986,666.64 3 15. The existing aggregate Deficit Controlled Amortization Amount for each Series was equal to: Series 1992-3 $0.00 Series 1993-2 $0.00 Series 1993-4 $0.00 Series 1994-1 $0.00 16. The average Net Portfolio Yield for the three preceding Monthly Periods was 12.10% 17. The average Base Rate for each Series for the three preceding Investor Interest Periods was equal to: Series 1992-3 8.08% Series 1993-2 8.05% Series 1993-4 8.07% Series 1994-1 7.98% 18. The Investor Percentage for each Series of Collections allocated to Finance Charge Receivables for the Preceding Monthly Period was equal to: Series 1992-3 22.37% Series 1993-2 17.89% Series 1993-4 17.89% Series 1994-1 14.16% 19. The Investor Percentage for each Series of Collections allocated to Principal receivables for the Preceding Monthly Period was equal to: Series 1992-3 22.37% Series 1993-2 17.89% Series 1993-4 17.89% Series 1994-1 17.89% 20. Attached hereto is a true and correct copy of the statement required to be delivered by the Servicer on the date of this Certificate to the Trustee pursuant to Section 5.02(a) of the Agreement 21. As of the date hereof, to the best knowledge of the undersigned, no default in the performance of the Servicer under the Agreement has occurred or is continuing except as follows: [set forth in detail the (i) nature of such default, (ii) the action taken by the Servicer, if any, to remedy such default and (iii) the current status of each such default: if applicable, insert "None"] . . . . . . . . . . . . . . . None 22. As of the date hereof no Liquidation Event or Controlled Amortization Event has been deemed to have occurred for the Monthly Period for this Payment Date. 23. As of the date hereof, to the best knowledge of the undersigned, no Lien has been placed on any of the Receivables. In witness whereof, the undersigned has duly executed and delivered this certificate this February 12, 1997 ADVANTA NATIONAL BANK USA as Owner/Servicer /s/ MICHAEL COCO ------------------------- Michael Coco Vice President 4 DELINQUENT BALANCES The aggregate outstanding balance of Accounts which are 30, 60, 90, 120, 150 and 180 or more days delinquent as of the end of the prior Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE (a) 30-59 days: . . . . . . . . . . . . . . . . . . $35,587,502.87 (b) 60-89 days: . . . . . . . . . . . . . . . . . . $20,899,900.78 (c) 90-119 days: . . . . . . . . . . . . . . . . . . $17,479,553.68 (d) 120-149 days: . . . . . . . . . . . . . . . . . $14,591,731.28 (e) 150-179 days: . . . . . . . . . . . . . . . . . $11,708,004.51 (f) 180 or more days: . . . . . . . . . . . . . . . $3,621,096.84
ADVANTA NATIONAL BANK USA, as Servicer /s/ MICHAEL COCO ----------------------- By: Michael Coco Vice President 5 January 1996 MONTHLY CERTIFICATEHOLDER'S STATEMENT ADVANTA NATIONAL BANK USA -------------------------------------------------- Advanta Credit Card Master Trust SERIES 1992-3 - ------------------------------------------------------------------------------- Under Section 5.02 of the Amended and Restated Master Pooling and Servicing Agreement, dated as of April 1, 1992, (hereinafter as such agreement may have been or may be from time to time, supplemented, amended or otherwise modified, the "Agreement") between Advanta National Bank USA as Seller and Servicer and The Chase Manhattan Bank, formerly known as Chemical Bank, as Trustee (the "Trustee"), Advanta National Bank USA as Servicer is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the Advanta Credit Card Master Trust (the "Trust") during the previous month. The information which is required to be prepared with respect to the Payment Date of February 18, 1997 and with respect to the performance of the Trust during the month of January 1997 is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate (a "Certificate"). Certain other information is presented based on the aggregate amounts for the Trust as a whole. Capitalized terms used herein have their respective meanings set forth in the Agreement. A. INFORMATION REGARDING THE CURRENT MONTHLY DISTRIBUTION (STATED ON THE BASIS OF $1,000 CERTIFICATE). 1. The total amount of the distribution to Series 1992-3 Certificateholders per $1,000 original certificate principal amount Class A-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.958333 Class A-2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.548611 2. The amount of the distribution set forth in paragraph 1 above with respect to interest on the Series 1992-3 Certificates, per $1,000 original principal amount Class A-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.958333 Class A-2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.548611 3. The amount of the distribution set forth in paragraph 1 above with respect to principal on the Series 1992-3 Certificateholders per $1,000 original principal amount . . . . . . . . . . . . 0.00000
B. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST 1. COLLECTION OF RECEIVABLES. (a) The aggregate amount of Collections of Receivables processed during the Monthly Period immediately preceding the Payment Date with the respect to the Investor Certificates of all Series . . . . . . . . . . . . . . . . . . . $247,505,152.37 (b) The aggregate amount of average Receivables outstanding during the Monthly Period immediately preceding the Payment Date with the respect to the investor Certificates of all Series . . . . . . . . . . . . . . . . . . . $2,225,245,619.91
6 (c) The aggregate amount of Collections of Receivables in respect of Finance Charge Receivables processed during the Monthly Period immediately preceding the Payment Date which were allocated with respect to Series 1992-3 Certificates . . . . . . . . . . . . . . . . . . . . . . . . $6,637,706.97 (d) The aggregate amount of Collections of Receivables in respect of Principal Receivables processed during the Monthly Period immediately preceding the Payment Date which were allocated with respect to Series 1992-3 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . $48,044,776.94 2. PRINCIPAL RECEIVABLES IN THE TRUST: (a) The aggregate amount of Principal Receivables as of the end of the last day of the preceding Monthly Period (which reflects the Principal Receivables represented by the Exchangeable Seller's Certificate and by the Investor Certificates of all Series) . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,149,826,608.87 (b) The aggregate amount of Principal Receivables in the Trust represented by the Series 1992-3 Certificates (the "Investor Amount") as of the end of the last day of the preceding Monthly Period . . . . . . . . . . . . . . . . . . . $500,000,000.00 (c) The Investor Amount on the date of issuance of the Series 1992-3 Investor Certificates (the "Initial Investor Amount") . . . . . . . . . . . . . . . . . . . $500,000,000.00 (d) The Investor Percentage with respect to the allocation of charged-off Receivables to Series 1992-3 Certificateholders . . . . . . . . . . . . . . . . . . . . . . 22.37% (e) The Investor Percentage with respect to the allocation of Principal Receivables to Series 1992-3 Certificateholders . . . . . . . . . . . . . . . . . . . . . . 22.37% 3. INVESTOR CHARGED-OFF AMOUNT The aggregate of the Investor Charged-Off Amounts for the Monthly Period corresponding to the Payment Date allocable to the Series 1992-3 Certificates . . . . . . . . $2,839,472.60 4. REDUCTION AMOUNT: REIMBURSEMENT OF REDUCTION AMOUNT (a) The amount of the drawing, if any, under the Enhancement . . . . . . . . . . . . . . . . . . $0.00 (b) The excess of the Reduction Amount allocable to the Series 1992-3 Certificates over the amount of the drawing, if any, under the Enhancement made to reimburse the Series 1992-3 Certificateholders for such amount written off . . . . . . . . . . . . . . . . . . . . $0.00 (c) The Reduction Amount set forth in Item 5(b) above, per $1,000 interest (which will have the effect of reducing, pro rata, the amount of each Series 1992-3 Investor Certificateholder's investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.000000
7 (d) The total amount reimbursed to the Trust for such Payment Date in respect of the Reduction Amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00 (e) The amount set forth in Item 5(d) above, per $1,000 interest (which will have the effect of increasing, pro rata, the amount of each Series 1992-3 Certificateholder's investment) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.000000 (f) The amount, if any, by which the outstanding principal balance of the Investor Certificates exceeds the Series 1992-3 Investor Amount as of the end of the day on the Record date with respect to the Payment Date . . . . . . . . . . . . . . . . . . . . . . . . $0.00 5. INVESTOR SERVICING FEE The amount of the Series 1992-3 Monthly Servicing Fee payable to the Servicer for the Payment Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $833,333.33 6. AVAILABLE ENHANCEMENT AMOUNT (a) The amount available to be drawn under the Enhancement for the Series 1992-3 Certificates as of the close of business on such Payment date, after giving effect to any drawings on the Enhancement Provider on such Payment Date . . . . . . $65,000,000.00 (b) The ratio of the Available Enhancement Amount to the Investor Amount of the Series 1992-3 Certificates as of the close of business on such Payment date, after giving effect to any drawings on the Enhancement and payments to the Enhancement Provider on such Payment Date . . . . . . . . . . . . . . . . . . . . . . 13.00% 7. CARRYOVER CONTROLLED AMORTIZATION AMOUNT The existing Carryover Controlled Amortization Amount for such Distribution Amount . . . . . . . . . . $0.00 C. THE POOL FACTOR The Pool Factor for the Preceding Record Date (which represents the ratio of the amount of the Investor Amount as of such Record Date (adjusted after taking into account any reduction in the Investor Amount which will occur on the following Payment Date) to the Initial Investor Amount). The amount of a Certificateholder's pro rata share of the Investor Amount can be determined by multiplying the original denomination of the Holder's Certificate by the Pool Factor . . . . . . . . . . . . . . . 1.00 D. RECEIVABLES BALANCE 1 . The aggregate amount of Principal Receivables in the Trust at the close of business on the last day of the immediately preceding Monthly Period (which reflects the Principal Receivables represented by Exchangeable Seller's Certificate and by the Investor Certificates of all Series) . . . . . . . . . . . . . . . $2,149,826,608.87
8 2. The aggregate amount of Finance Charge Receivables in the Trust as the close of business on the last day of the immediately preceding Monthly Period . . . . . . . . . . $32,870,700.41
9 DELINQUENT BALANCES The aggregate outstanding balance of Accounts which are 30, 60, 90, 120, 150 and 180 or more days delinquent as of the end of the prior Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE (a) 30-59 days: . . . . . . . . . . . . . . . . . . $35,587,502.87 (b) 60-89 days: . . . . . . . . . . . . . . . . . . $20,899,900.78 (c) 90-119 days: . . . . . . . . . . . . . . . . . . $17,479,553.68 (d) 120-149 days: . . . . . . . . . . . . . . . . . $14,591,731.28 (e) 150-179 days: . . . . . . . . . . . . . . . . . $11,708,004.51 (f) 180 or more days: . . . . . . . . . . . . . . . $3,621,096.84
ADVANTA NATIONAL BANK USA, as Servicer /s/ MICHAEL COCO --------------------------- By: Michael Coco Vice President 10 January 1997 MONTHLY CERTIFICATEHOLDER'S STATEMENT ADVANTA NATIONAL BANK USA -------------------------------------------------- ADVANTA CREDIT CARD MASTER TRUST Series 1993-2 - ------------------------------------------------------------------------------- Under the Amended and Restated Master Pooling and Servicing Agreement (the "Agreement"), dated as of April 1, 1992, by and between Advanta National Bank USA ("AUS") as Seller and Servicer, and The Chase Manhattan Bank, formerly known as Chemical Bank, as Trustee, AUS, as Servicer, is required to prepare certain information each month regarding current distributions to all Investor Certificateholders of Series 1993-2 and the performance of the ADVANTA Credit Card Master Trust ("the Trust") during the previous Monthly Period. The information which is required to be prepared with respect to the distribution on the February 18, 1997 Payment Date (the "Payment Date") and with respect to the performance of the Trust during the Monthly Period for such Payment Date is set forth in the Certificate prepared in accordance with Section 5.2(a) of the Agreement and additional information specific to the Series 1993-2 Certificates is set forth below in accordance with section 4.2 of the Series 1993-2 Supplement to the Agreement. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate of Series 1993-2. Certain other information is presented based on the aggregate amounts for the Trust as a whole. All capitalized terms used herein shall have their respective meanings set forth in the Agreement. 1. The total amount of the distribution on the Payment Date per $1 000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.411667 2. The amount of the distribution set forth in paragraph I above in respect of principal, per $1,000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . . 0.000000 3. The amount of distribution set forth in paragraph 1 above in respect of interest, per $1,000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . . . . 5.411667 4. The aggregate amount of Collections of Receivables processed for the prior Monthly Period which were allocated in respect of the Investor Certificates . . . . . . . . . . . . $44,464,594.39 5. The aggregate amount of Collections of Principal Receivables processed during the prior Monthly Period and allocated in respect of the Investor Certificates . . . . . . . . . . . $38,422,935.16 6. The aggregate amount of Collections of Finance Charge Receivables processed during the prior Monthly Period and allocated in respect of the Investor Certificates . . . . . . . . . . . . . . $5,308,385.25 7. The Investor Charged-Off Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $2,270,816.49
11 8. The aggregate amount of the Reduction Amounts for Series 1993-2 for the Monthly Period is . . . . . . . . . . $0.00 9. The aggregate amount of the Reduction Amounts for Series 1993-2 reimbursed on such Payment Date is . . . . . . $0.00 10. The amount of the Monthly Investor Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $666,666.67 11. The Pool Factor as of the end of the last day of the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.00 12. The amount, if any, by which the outstanding principal balance of the Investor Certificates exceeds the Investor Amount as of the end of the day on the Record Date with respect to such Payment Date (after giving effect to any activity on such Payment Date) is . . . . . . . . . . . . . . . . . . $0.00 13. The Investor Amount after giving effect to any payments on such Payment Date is . . . . . . . . . . $400,000,000.00 14. The Cash Collateral Guaranty Amount as of the close of business on the Payment Date is . . . . . . . $52,000,000.00 15. The amount by which the Net Portfolio Yield for such Monthly Period exceeds the Base Rate for the related Investor Interest Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.82% 16. The aggregate existing Carryover Controlled Amortization Amount with respect to Series 1993-2 (after giving effect to any activity on such Payment Date) is . . . . . . . . . . . . . . . . . . . . . . . . $0.00 17. The Investor Percentage with respect to Principal Receivables is . . . . . . . . . . . . . . . . . . . . . . . 17.89% and with respect to Finance Charge Receivables is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.89%
12 DELINQUENT BALANCES The aggregate outstanding balance of Accounts which are 30, 60, 90, 120, 150 and 180 or more days delinquent as of the end of the prior Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE (a) 30-59 days: . . . . . . . . . . . $35,587,502.87 (b) 60-89 days: . . . . . . . . . . . $20,899,900.78 (c) 90-119 days: . . . . . . . . . . . $17,479,553.68 (d) 120-149 days: . . . . . . . . . . $14,591,731.28 (e) 150-179 days: . . . . . . . . . . $11,708,004.51 (f) 180 or more days: . . . . . . . . $3,621,096.84
ADVANTA NATIONAL BANK USA, as Servicer /s/ MICHAEL COCO --------------------------- By: Michael Coco Vice President 13 January 1997 MONTHLY CERTIFICATEHOLDER'S STATEMENT ADVANTA NATIONAL BANK USA -------------------------------------------------- ADVANTA CREDIT CARD MASTER TRUST Series 1993-4 - ------------------------------------------------------------------------------- Under the Amended and Restated Master Pooling and Servicing Agreement (the "Agreement"), dated as of April 1, 1992, by and between Advanta National Bank USA ("AUS") as Seller and Servicer, and The Chase Manhattan Bank, formerly known as Chemical Bank, as Trustee, AUS, as Servicer, is required to prepare certain information each month regarding current distributions to all Investor Certificateholders of Series 1993-4 and the performance of the ADVANTA Credit Card Master Trust (the "Trust") during the previous Monthly Period. The information which is required to be prepared with respect to the distribution on the February 18, 1997 Payment Date (the "Payment Date") and with respect to the performance of the Trust during the Monthly Period for such Payment Date is set forth in the Certificate prepared in accordance with Section 5.2(a) of the Agreement and additional information specific to to Series 1993-4 Certificates is set forth below in accordance with section 4.2 of the Series 1993-4 Supplement to the Agreement. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate of Series 1993-4. Certain other information is presented based on the aggregate amounts for the Trust as a whole. All capitalized terms used herein shall have their respective meanings set forth in the Agreement. 1. The total amount of the distribution on the Payment Date per $1 000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . 5.430556 2. The amount of the distribution set forth in paragraph 1 above in respect of principal, per $1,000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . 0.000000 3. The amount of distribution set forth in paragraph 1 above in respect of interest, per $1,000 original principal amount of the Investor Certificates . . . . . . . . . . . . . . . . . . . 5.430556 4. The aggregate amount of Collections of Receivables processed for the prior Monthly Period which were allocated in respect of the Investor Certificates . . . $44,381,261.05 5. The aggregate amount of Collections of Principal Receivables processed during the prior Monthly Period and allocated in respect of the Investor Certificates . . . . . . . . . . . . . . . . . $38,422,935.16 6. The aggregate amount of Collections of Finance Charge Receivables processed during the prior Monthly Period and allocated in respect of the Investor Certificates . . . . . . . . . . . . . . . . . $5,308,385.25 7. The Investor Charged-Off Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $2,270,816.49
14 8. The aggregate amount of the Reduction Amounts for Series 1993-4 for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00 9. The aggregate amount of the Reduction Amounts for Series 1993-4 reimbursed on such Payment Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00 10. The amount of the Monthly Investor Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $666,666.67 11. The Pool Factor as of the end of the last day of the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.00 12. The amount, if any, by which the outstanding principal balance of the Investor Certificates exceeds the Investor Amount as of the end of the day on the Record Date with respect to such Payment Date (after giving effect to any activity on such Payment Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00 13. The Investor Amount after giving effect to any payments on such Payment Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $400,000,000.00 14. The Invested Amount after giving effect to payments on such Payment Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $400,000,000.00 15. The Pre-Funded Amount after giving effect to payments on such Payment Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00 16. The Cash Collateral Guaranty Amount as of the close of business on the Payment Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $52,000,000.00 17. The amount by which the Net Portfolio Yield for such Monthly Period exceeds the Base Rate for the related Investor Interest Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.55% 18. The aggregate existing Carryover Controlled Amortization Amount with respect to Series 1993-4 (after giving effect to any activity on such Payment Date) is . . . . . . . . . . . . . . . . $0.00 19. The Investor Percentage with respect to Principal Receivables is . . . . . . . . . . . . . . . . . . . . . . . 17.89% and with respect to Finance Charge Receivables is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.89%
15 DELINQUENT BALANCES The aggregate outstanding balance of Accounts which are 30, 60, 90, 120, 150 and 180 or more days delinquent as of the end of the prior Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE (a) 30-59 days: . . . . . . . . . . . . . . . . . . $35,587,502.87 (b) 60-89 days: . . . . . . . . . . . . . . . . . . $20,899,900.78 (c) 90-119 days: . . . . . . . . . . . . . . . . . . $17,479,553.68 (d) 120-149 days: . . . . . . . . . . . . . . . . . $14,591,731.28 (e) 150-179 days: . . . . . . . . . . . . . . . . . $11,708,004.51 (f) 180 or more days: . . . . . . . . . . . . . . . $3,621,096.84
ADVANTA NATIONAL BANK USA, as Servicer /s/ MICHAEL COCO ---------------------------- By: Michael Coco Vice President 16 January 1997 MONTHLY CERTIFICATEHOLDER'S STATEMENT ADVANTA NATIONAL BANK USA -------------------------------------------------- ADVANTA CREDIT CARD MASTER TRUST Series 1994-1 - ------------------------------------------------------------------------------- Under the Amended and Restated Master Pooling and Servicing Agreement (the "Agreement"), dated as of April 1, 1992, by and between Advanta National Bank USA ("AUS") as Seller and Servicer, and The Chase Manhattan Bank, formerly known as Chemical Bank, as Trustee. AUS, as Servicer, is required to prepare certain information each month regarding current distributions to all Investor Certificateholders of Series 1994-1 and the performance of the ADVANTA Credit Card Master Trust (the "Trust") during the previous Monthly Period. The information which is required to be prepared with respect to the distribution on the February 18, 1997 Payment Date (the "Payment Date") and with respect to the performance of the Trust during the Monthly Period for such Payment Date is set forth in the Certificate prepared in accordance with Section 5.2(a) of the Agreement and additional information specific to the series 1994-1 Certificates is set forth below in accordance with section 4.2 of the series 1994-1 Supplement to the Agreement. Certain of the information is presented on the basis of an original principal amount of $1,000 per Investor Certificate of Series 1994-1. Certain other information is presented based on the aggregate amounts for the Trust as a whole. All capitalized terms used herein shall have their respective meanings set forth in the Agreement. 1. The total amount of the distribution on the Payment Date per $1,000 original principal amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115.261420 2. The total amount of the distribution on the Payment Date per $1,000 original principal amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.572222 3. The amount of the distribution set forth in paragraph 1 above in respect of principal per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . . 111.111112 4. The amount of the distribution set forth in paragraph 2 above in respect of principal per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . . 0.000000 5. The amount of distribution set forth in paragraph 1 above in respect of interest, per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . 4.150309 6. The amount of distribution set forth in paragraph 2 above in respect of interest, per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . 5.572222
17 7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period which were allocated in respect of the Series 1994-1 Certificates . . . . . . . . . . . . . . . . . . . . $43,072,816.82 8. The aggregate amount of Collections of Principal Receivables processed during the prior Monthly Period and allocated in respect of the Series 1994-1 Certificates . . . . . . . . . . . . . . . . . $38,422,935.16 9. The aggregate amount of Class B Principal Collections processed during the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $2,298,073.81 10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $3,881,144.71 11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . . $320,461.46 12. The Class A Investor Charged-Off Amount for the prior Monthly Period is . . . . . . . . . . . . . . . $1,660,272.76 13. The Class B Investor Charged-Off Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . $137,086.74 14. The aggregate amount of Class A Reduction Amounts for the prior Monthly Period is . . . . . . . . . . . . . . $0.00 15. The aggregate amount of Class B Reduction Amounts for the prior Monthly Period is . . . . . . . . . . . . . . $0.00 16. The aggregate amount of Class A Reduction Amounts reimbursed on such Payment Date is . . . . . . . . . . . . . $0.00 17. The aggregate amount of Class B Reduction Amounts reimbursed on such Payment Date is . . . . . . . . . . . . . $0.00 18. The amount of the Class A Monthly Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . $487,407.41 19. The amount of the Class B Monthly Serviceing Fee for the prior Monthly Period is . . . . . . . . . . . $40,000.00 20. The Class A Pool Factor as of the end of the last day of the prior Monthly Period is . . . . . . . . . . . 0.66667 21. The Class B Pool Factor as of the end of the last day of the prior Monthly Period is . . . . . . . . . . . 1.00000 22. The Class A Investor Amount after giving effect to any payments on such Payment Date is . . . . . . $250,666,666.00
18 23. The Class B Investor Amount after giving effect to any payments on such Payment Date is . . . . . . $24,000,000.00 24. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Investor Amount after giving effect to any activity on such Payment Date is . . . . . . . 0.00 25. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Investor Amount after giving effect to any activity on such Payment Date is . . . . . . . 0.00 26. The Available Cash Collateral Amount as of the close of business on such Payment Date is . . . . . $26,986,666.64 27. The Available Shared Enhancement Amount as of the close of business on such Payment Date is . . . . $18,986,666,64 28. The amount by which the Net Portfolio Yield for such Monthly Period exceeds the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.39% 29. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . $395,555.56 30. The amount of Servicer Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . $527,407.41 31. The aggregate existing Carryover Controlled Amortization Amount with respect to Series 1994-1 (after giving effect to any activity on such Payment Date) is . . . . . . . . . . . . . . . . $0.00 32. The Investor Percentage with respect to Principal Receivables is . . . . . . . . . . . . . . . . . . . . . . 17.89% and with respect to Finance Charge Receivables is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.16%
19 DELINQUENT BALANCES The aggregate outstanding balance of Accounts which are 30, 60, 90, 120, 150 and 180 or more days delinquent as of the end of the prior Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE (a) 30-59 days: . . . . . . . . . . . . . . . . . . $35,587,502.87 (b) 60-89 days: . . . . . . . . . . . . . . . . . . $20,899,900.78 (c) 90-119 days: . . . . . . . . . . . . . . . . . . $17,479,553.68 (d) 120-149 days: . . . . . . . . . . . . . . . . . $14,591,731.28 (e) 150-179 days: . . . . . . . . . . . . . . . . . $11,708,004.51 (f) 180 or more days: . . . . . . . . . . . . . . . $3,621,096.84
ADVANTA NATIONAL BANK USA, as Servicer /s/ MICHAEL COCO --------------------------- By: Michael Coco Vice President -----END PRIVACY-ENHANCED MESSAGE-----