-----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, AA2nc4Ds2HHQlZSq9N5k4937La/D60XatksxgUd//O2+wp/eKk6N4cGzvWJfWgS9 +ZhTwmhliFD1DBzlOYsTvA== 0000839947-04-000076.txt : 20040715 0000839947-04-000076.hdr.sgml : 20040715 20040715160139 ACCESSION NUMBER: 0000839947-04-000076 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040625 ITEM INFORMATION: Other events FILED AS OF DATE: 20040715 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK CREDIT CARD MASTER TRUST I CENTRAL INDEX KEY: 0000921864 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-80743-02 FILM NUMBER: 04915903 BUSINESS ADDRESS: STREET 1: 701 E 60TH STREET NORTH CITY: SIOUX FALLS STATE: SD ZIP: 57117 BUSINESS PHONE: 6053312626 FORMER COMPANY: FORMER CONFORMED NAME: STANDARD CREDIT CARD MASTER TRUST I DATE OF NAME CHANGE: 19940419 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK CREDIT CARD ISSUANCE TRUST CENTRAL INDEX KEY: 0001108348 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-52984-03 FILM NUMBER: 04915901 BUSINESS ADDRESS: STREET 1: C/O CITIBANK SOUTH DAKOTA NA STREET 2: 701 EAST 60TH STREET NORTH CITY: SIOUX FALLS STATE: SD ZIP: 57117 BUSINESS PHONE: 6053312626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK SOUTH DAKOTA N A CENTRAL INDEX KEY: 0000839947 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 460358360 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17797 FILM NUMBER: 04915900 BUSINESS ADDRESS: STREET 1: 425 PARK AVE. STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 BUSINESS PHONE: 6053312626 MAIL ADDRESS: STREET 1: CITIBANK N A LEGAL AFFAIRS OFFICE STREET 2: 425 PARK AVENUE 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10043 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIBANK NEVADA NATIONAL ASSOCIATION CENTRAL INDEX KEY: 0000839948 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 880202961 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-24657-01 FILM NUMBER: 04915904 BUSINESS ADDRESS: STREET 1: 701 EAST 60TH STREET, NORTH CITY: SIOUX FALLS STATE: SD ZIP: 57117 BUSINESS PHONE: 7027974444 MAIL ADDRESS: STREET 1: 8725 WEST SAHARA AVENUE CITY: LAS VEGAS STATE: NV ZIP: 89163 8-K 1 it062504.txt ISSUANCE TRUST JUN'04 MONTHLY 8-K 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): July 15, 2004 ------------------------------------ CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ON BEHALF OF CITIBANK CREDIT CARD MASTER TRUST I (Issuer of the Collateral Certificate) and CITIBANK CREDIT CARD ISSUANCE TRUST (Issuer of the Citiseries Class A notes, Class B notes and Class C notes) (Exact name of registrant as specified in charter) UNITED STATES OF AMERICA (State or other jurisdiction of incorporation) 46-0358360 (I.R.S. Employer Identification No.) 333-80743 333-52984 333-91326 333-103013 (Commission File No.) 701 EAST 60TH STREET, NORTH SIOUX FALLS, SOUTH DAKOTA 57117 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (605) 331-2626 NOT APPLICABLE (Former name or former address, if changed since last report) 1 ITEM 5. OTHER EVENTS. Citibank Credit Card Issuance Trust (the "issuer") has issued Class A notes, Class B notes and Class C notes of the Citiseries pursuant to an Indenture between the issuer and Deutsche Bank Trust Company Americas (formerly Bankers Trust Company), as trustee. The issuer's primary asset -- and its primary source of funds for the payment of principal of and interest on the notes -- is a collateral certificate issued by Citibank Credit Card Master Trust I (the "master trust") to the issuer. The collateral certificate represents an undivided interest in the assets of the master trust. The master trust assets consist primarily of credit card receivables arising in a portfolio of revolving credit card accounts. Filed as Exhibit 99.1 to this Form 8-K is a copy of the monthly issuer's report containing information regarding the notes of the Citiseries, the Master Trust's assets and the collateral certificate for the due period ending June 25, 2004 and the related payment dates for the notes delivered pursuant to Section 907 of the Indenture. 2 Item 7(c). Exhibits Exhibits Description -------- ----------- 99.1 Monthly Issuer's Report for the Due Period ending June 25, 2004 and the related Payment Dates for the Notes. 3 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. CITIBANK (SOUTH DAKOTA), National Association, as Managing Beneficiary of Citibank Credit Card Issuance Trust and as Servicer of Citibank Credit Card Master Trust I By: /s/ Ben Kyte -------------------------------- Ben Kyte Vice President Dated: July 15, 2004 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ============================================================================== This Report relates to the Due Period ending Jun 25, 2004 and the related Payment Dates for the Notes.
A. Information Regarding the Master Trust portfolio ------------------------------------------------- 1. Portfolio Yield for the Collateral Certificate ......... 9.90% Yield Component ................................... 15.83% Credit Loss Component ............................. 5.93% 2. New Purchase Rate ..................................... 19.06% 3. Total Payment Rate .................................... 19.41% 4. Principal Payment Rate ................................ 18.51% 5. Aggregate Amount of Principal Receivables in the Trust : Beginning of Due Period ............................ $ 74,740,041,001 Average ............................................ $ 74,421,621,605 Lump Sum Addition .................................. $ 0 End of Due Period .................................. $ 74,451,634,337
6. Delinquencies (Aggregate outstanding balances in the Accounts that were delinquent by the time periods listed below as of the close of business of the month preceding the Payment Dates, as a percentage of aggregate Receivables as of the last day of the Due Period) :
Current .......................................... $ 71,421,538,441 5-34 days delinquent ........................... $ 3,052,130,410 35-64 days delinquent ........................... $ 964,473,948 65-94 days delinquent ........................... $ 619,159,850 95-124 days delinquent ........................... $ 485,374,690 125-154 days delinquent ........................... $ 427,022,662 155-184 days delinquent ........................... $ 380,906,380 Current ........................................... 92.33% 5-34 days delinquent ........................... 3.95% 35-64 days delinquent ........................... 1.25% 65-94 days delinquent ........................... 0.80% 95-124 days delinquent ........................... 0.63% 125-154 days delinquent ........................... 0.55% 155-184 days delinquent ........................... 0.49%
Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding the Collateral Certificate ------------------------------------------------- (Percentage Basis) 1. Portfolio Yield 9.90% 9.90% 2. Weighted Average Note Rate 1.71% 1.71% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.37% 0.37% Others 0.01% 0.01% 4. Surplus Finance Charge Collections 7.81% 7.81% 5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account 7.12% 7.12% 6. Required Surplus Finance Charge Amount 0.00% 0.00% 7. Aggregate Surplus Finance Charge Amount 7.81% 7.81% minus Required Surplus Finance Charge Amount
C. Information Regarding the Collateral Certificate ------------------------------------------------- (Dollars Basis) 1. Total Investor Collections $10,948,867,274 $10,948,867,274 Principal Collections $10,208,228,554 $10,208,228,554 Finance Charge Collections $ 740,638,720 $ 740,638,720 2. Investor Default Amount $ 277,195,739 $ 277,195,739 3. Investor Monthly Interest $ 78,736,783 $ 78,736,783 4. Investor Monthly Fees Fixed Servicing Fees $ 17,004,198 $ 17,004,198 Others $ 286,979 $ 286,979 5. Surplus Finance Charge Collections $ 367,415,021 $ 367,415,021 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 367,415,021 $ 367,415,021 minus Required Surplus Finance Charge Amount
(1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Investor Monthly Interest and certain fees, until the first Monthly Interest Date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from May 26, 2004 to June 25, 2004 , 31 days, or June 4 , 2004 to July 5 , 2004 , 32 days (standard basis). Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
D. Information Regarding Regarding Notes of Citiseries ---------------------------------------------------- (Aggregate Basis) 1a. Class A Outstanding Dollar Principal Amount ............ $48,658,750,000 For all Classes except Class 2001-A3 (Dakota) ............ $35,158,750,000 For Class 2001-A3 (Dakota) ............................... $13,500,000,000 1b. Class B Outstanding Dollar Principal Amount ............ $ 2,390,000,000 1c. Class C Outstanding Dollar Principal Amount ............ $ 4,100,000,000 2a. Targeted Deposit to Class A Interest Funding Account ..... $ 60,938,281 2b. Targeted Deposit to Class B Interest Funding Account ..... $ 3,417,788 2c. Targeted Deposit to Class C Interest Funding Account ..... $ 14,380,714 3a. Balance in the Class A Interest Funding Account ......... $ 132,546,368 3b Balance in the Class B Interest Funding Account ......... $ 6,044,956 3c Balance in the Class C Interest Funding Account ......... $ 42,015,825 4a. Targeted Deposit to Class A Principal Funding Account .... $ 0 4b. Targeted Deposit to Class B Principal Funding Account .... $ 0 4c. Targeted Deposit to Class C Principal Funding Account .... $ 0 5a. Balance in the Class A Principal Funding Account ........ $ 0 5b. Balance in the Class B Principal Funding Account ........ $ 0 5c. Balance in the Class C Principal Funding Account ........ $ 0 6. Targeted Deposit to Class C Reserve Account ............. $ 0 7. Balance in the Class C Reserve Account .................. $ 0
Data Applicable to all Classes Except 2001-A3 (Dakota) ------------------------------------------------------- 8a. Maximum enhancement amount available to Outstanding Class A Notes from Class B Notes ............ $ 2,103,516,370 8b. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 5.98291% 8c. Maximum enhancement amount available to Outstanding Class A Notes from Class C Notes ............ $ 2,804,687,321 8d. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 7.97721% 8e. Maximum enhancement amount available to Outstanding Class B Notes from Class C Notes ............ $ 3,186,666,587 8f. As a Percentage of Class B Outstanding Dollar Principal Amount ................................. 133.33333%
Data Applicable only to Class 2001-A3 (Dakota) (1) ------------------------------------------------------- 9a. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class C Notes ......... $ 938,502,450 9b. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 6.95187% 9c. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class B Notes ......... $ 0 9d. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 0.00000%
- ----------------------------------------------------------------------------- (1) All conditions precedent were satisfied for the issuance of new tranches of Dakota CP Notes during Due Period ending June 25, 2004, including the condition that the weighted average remaining life to Expected Principal Payment Date of all Dakota CP Notes be 60 days or less. Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
Data Applicable to all Classes ------------------------------- 10a. Reduction in the Class A Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs ................................ $ 0 10b. Reduction in the Class B Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A Notes ........... $ 0 10c. Reduction in the Class C Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A or Class B Notes . $ 0 11a. Reimbursement of Class A Nominal Liquidation Amount .... $ 0 11b. Reimbursement of Class B Nominal Liquidation Amount .... $ 0 11c. Reimbursement of Class C Nominal Liquidation Amount .... $ 0
E. Information Regarding Distributions to Noteholders of Citiseries ----------------------------------------------------------------- (Aggregate Basis) 1a. The total amount of the distribution to Class A Noteholders on the applicable Payment Dates ......................... $ 65,047,133 1b. The total amount of the distribution to Class B Noteholders on the applicable Payment Dates ......................... $ 2,280,069 1c. The total amount of the distribution to Class C Noteholders on the applicable Payment Dates ......................... $ 6,131,505 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Notes ........ $ 0 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Notes ........ $ 0 2c. The amount of the distribution set forth in item 1(c) above in respect of principal on the Class C Notes ........ $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Notes ........ $ 65,047,133 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Notes ........ $ 2,280,069 3c. The amount of the distribution set forth in item 1(c) above in respect of interest on the Class C Notes ........ $ 6,131,505 4a. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class A Notes exceeds the Class A Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4b. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class B Notes exceeds the Class B Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4c. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class C Notes exceeds the Class C Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0
Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
F. Information Regarding Notes of Citiseries (2) ---------------------------------------------- (Individual Tranche Basis) 1. Outstanding Dollar Principal Amount, Interest Payments and Deposits to Interest Funding Sub-Accounts Class/ Outstanding Monthly Targeted Actual Cumulative Interest Interest Tranche Dollar Accretion Interest Interest Shortfall Funding Payment Principal Monthly Monthly In Interest Sub-Account On Payment Amount Deposit Deposit Funding Balance Date Sub-Account - ------------- --------------- ----------- ----------- ----------- ----------- ----------- ------------ Class 2000-A1 1,500,000,000 0 1,795,813 1,795,813 0 5,094,642 0 Class 2000-A3 1,000,000,000 0 1,235,542 1,235,542 0 2,318,128 0 Class 2000-B1 350,000,000 0 465,777 465,777 0 1,767,042 0 Class 2000-B2 150,000,000 0 173,750 173,750 0 0 527,042 Class 2000-C1 600,000,000 0 3,725,000 3,725,000 0 14,900,000 0 Class 2000-C2 200,000,000 0 298,333 298,333 0 0 904,944 Class 2001-A1 1,500,000,000 0 1,687,500 1,687,500 0 3,431,250 0 Class 2001-A2 2,250,000,000 0 2,437,500 2,437,500 0 4,956,250 0 Class 2001-A3 13,500,000,000 0 12,784,710 12,784,710 0 0 12,784,710 Class 2001-A4 1,108,750,000 0 1,351,492 1,351,492 0 0 3,801,072 Class 2001-A6 1,250,000,000 0 1,472,448 1,472,448 0 1,472,448 0 Class 2001-A7 420,000,000 0 484,750 484,750 0 953,342 0 Class 2001-A8 1,750,000,000 0 5,979,167 5,979,167 0 5,979,167 0 Class 2001-B1 350,000,000 0 478,333 478,333 0 0 1,450,944 Class 2001-B2 390,000,000 0 651,733 651,733 0 651,733 0 Class 2001-C1 500,000,000 0 925,000 925,000 0 0 2,805,833 Class 2001-C2 250,000,000 0 409,672 409,672 0 0 409,672 Class 2001-C3 500,000,000 0 2,770,833 2,770,833 0 5,541,667 0 Class 2001-C4 100,000,000 0 170,833 170,833 0 0 170,833 Class 2002-A1 1,000,000,000 0 1,049,000 1,049,000 0 5,043,783 0 Class 2002-A1 1,000,000,000 0 1,358,889 1,358,889 0 0 1,358,889 Class 2002-A2 1,000,000,000 0 1,066,667 1,066,667 0 2,097,778 0 Class 2002-A3 1,000,000,000 0 1,096,458 1,096,458 0 2,044,597 0 Class 2002-A4 750,000,000 0 875,000 875,000 0 0 875,000 Class 2002-A5 1,250,000,000 0 1,625,000 1,625,000 0 1,625,000 0 Class 2002-A8 1,000,000,000 0 1,116,667 1,116,667 0 0 1,116,667 Class 2002-A9 1,000,000,000 0 1,300,000 1,300,000 0 1,300,000 0 Class 2002-B1 400,000,000 0 654,444 654,444 0 654,444 0 Class 2002-C1 400,000,000 0 723,333 723,333 0 1,470,778 0 Class 2002-C2 350,000,000 0 2,027,083 2,027,083 0 10,135,417 0 Class 2002-C3 275,000,000 0 609,583 609,583 0 609,583 0 Class 2003-A1 1,250,000,000 0 1,291,667 1,291,667 0 0 3,918,056 Class 2003-A1 500,000,000 0 615,956 615,956 0 615,956 0 Class 2003-A1 750,000,000 0 743,750 743,750 0 0 2,256,042 Class 2003-A2 1,500,000,000 0 1,621,563 1,621,563 0 0 8,938,781 Class 2003-A3 750,000,000 0 865,167 865,167 0 3,196,427 0 Class 2003-A4 1,250,000,000 0 1,631,250 1,631,250 0 1,631,250 0 Class 2003-A5 1,000,000,000 0 2,083,333 2,083,333 0 6,250,000 0 Class 2003-A6 1,250,000,000 0 1,372,969 1,372,969 0 2,700,172 0 Class 2003-A7 650,000,000 0 770,521 770,521 0 3,718,858 0 Class 2003-A8 750,000,000 0 822,344 822,344 0 3,730,349 0 Class 2003-A9 2,500,000,000 0 2,698,611 2,698,611 0 5,676,389 0 Class 2003-B1 500,000,000 0 691,667 691,667 0 691,667 0 Class 2003-C1 325,000,000 0 606,667 606,667 0 0 1,840,222 Class 2003-C2 150,000,000 0 308,125 308,125 0 308,125 0 Class 2003-C3 150,000,000 0 556,250 556,250 0 1,668,750 0 Class 2003-C4 300,000,000 0 1,250,000 1,250,000 0 1,250,000 0 Class 2004-A1 2,750,000,000 0 5,843,750 5,843,750 0 0 33,893,750 Class 2004-A2 1,480,000,000 0 1,860,801 1,860,801 0 3,663,451 0 Class 2004-B1 250,000,000 0 302,083 302,083 0 0 302,083
2. Principal Payments and Deposits to Principal Funding Sub-Accounts Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period.
----------------------------------------------------------------------------- (2) The information reported is for the Due Period ending and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period. Page 6 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
3. Deposits to and Withdrawals from Class C Reserve Sub-Accounts ------------------------------------------------------------- Class/Tranche Targeted Actual Cumulative Withdrawals Class C Deposit to Deposit to Shortfall in from Class C Reserve Class C Class C Class C Reserve Sub-Account Reserve Reserve Reserve Sub-Account Balance Sub-Account Sub-Account Sub-Account - --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period.
4. Maximum Enhancement Amount Available to Class A Notes; Class A Usage of Class B and Class C Subordinated Amounts Class/Tranche Maximum Maximum Class A Class A Cumulative Cumulative Enhancement Enhancement Usage of Usage of Class A Class A Amount Amount Class B Class C Usage of Usage of Available Available Subordinated Subordinated Class B Class C from Class from Class Amount for Amount for Subordinated Subordinated B Notes C Notes this Due this Due Amount Amount Period Period - --------------- ------------- ------------- ------------- ------------- ------------- -------------- Class 2000-A1 89,743,650 119,658,150 Class 2000-A3 59,829,100 79,772,100 Class 2001-A1 89,743,650 119,658,150 Class 2001-A2 134,615,475 179,487,225 Class 2001-A3 0 938,502,450 Class 2001-A4 66,335,515 88,447,316 Class 2001-A6 74,786,375 99,715,125 Class 2001-A7 25,128,222 33,504,282 Class 2001-A8 104,700,925 139,601,175 Class 2002-A1 59,829,100 79,772,100 Class 2002-A10 59,829,100 79,772,100 Class 2002-A2 59,829,100 79,772,100 Class 2002-A3 59,829,100 79,772,100 Class 2002-A4 44,871,825 59,829,075 Class 2002-A5 74,786,375 99,715,125 Class 2002-A8 59,829,100 79,772,100 Class 2002-A9 59,829,100 79,772,100 Class 2003-A1 74,786,375 99,715,125 Class 2003-A10 29,914,550 39,886,050 Class 2003-A11 44,871,825 59,829,075 Class 2003-A2 89,743,650 119,658,150 Class 2003-A3 44,871,825 59,829,075 Class 2003-A4 74,786,375 99,715,125 Class 2003-A5 59,829,100 79,772,100 Class 2003-A6 74,786,375 99,715,125 Class 2003-A7 38,888,915 51,851,865 Class 2003-A8 44,871,825 59,829,075 Class 2003-A9 149,572,750 199,430,250 Class 2004-A1 164,530,025 219,373,275 Class 2004-A2 88,547,068 118,062,708
Page 7 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION CITIBANK (NEVADA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending June 25, 2004 ==============================================================================
5. Maximum Enhancement Amount Available to Class B Notes; Class B Usage of Class C Subordinated Amounts Class/Tranche Maximum Enhancement Class B Usage of Cumulative Class B Amount Available from Class C Subordinated Usage of Class C Class C Notes Amount for this Due Subordinated Amount Period - --------------- ------------------------ ------------------------ ------------------------ Class 2000-B1 466,666,655 Class 2000-B2 199,999,995 Class 2001-B1 466,666,655 Class 2001-B2 519,999,987 Class 2002-B1 533,333,320 Class 2003-B1 666,666,650 Class 2004-B1 333,333,325
6. Reductions of and Reimbursements to Nominal Liquidation Amount Class/Tranche Reduction Reduction Cumulative Cumulative Reimbursements Resulting from Resulting from Reduction Reduction of prior an Allocation from a Resulting from Resulting from reductions of of Investor Reallocation an Allocation an Reallocation Nominal Charge-offs of Principal of Investor of Principal Liquidation for this Due Collections Charge-offs Collections to Amount for Period to pay (net of pay interest on this Due interest on Reimbursements) senior classes Period senior of Notes (net of classes of Reimbursements) Notes for this Due Period - --------------- ---------------- ---------------- ---------------- ---------------- ---------------- Nothing to report for this period.
Page 8 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Report this __________ day of July, 2004. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION, As Managing Beneficiary of Citibank Credit Card Issuance Trust and As Servicer of Citibank Credit Card Master Trust I By: /s/ Andrew Lubliner ____________________________________ Name: Andrew Lubliner Title: Authorized Representative Page 9 -----END PRIVACY-ENHANCED MESSAGE-----