EX-99.09 11 dex9909.htm MONTHLY CERTIFICATEHOLDERS' STATEMENT 1997-5 Prepared by R.R. Donnelley Financial -- Monthly Certificateholders' Statement 1997-5
 
Exhibit 99.09
 
MONTHLY CERTIFICATEHOLDERS’ STATEMENT
 
FIRST USA BANK, NATIONAL ASSOCIATION
 
FIRST USA CREDIT CARD MASTER TRUST, SERIES 1997-5
 
      
Monthly Period:
   
8/1/02 to
    
8/31/02
Distribution Date:
   
9/17/02
Transfer Date:
   
9/16/02
 
Under Section 5.02 of the Pooling and Servicing Agreement dated as of September 1, 1992 (the “Pooling and Servicing Agreement”) by and between First USA Bank, National Association, (the “Bank”) and The Bank of New York (Delaware), as trustee (the “Trustee”) the Bank, as Servicer, is required to prepare certain information each month regarding current distributions to Certificateholders and the performance of the First USA Credit Card Master Trust (the “Trust”) during the previous month. The information which is required to be prepared with respect to the Distribution Date noted above and with respect to the performance of the Trust during the month noted above is set forth below. Certain information is presented on the basis of an original principal amount of $1,000 per Series 1997-5 Certificate (a “Certificate”). Certain other information is presented based on the aggregate amount for the Trust as a whole. Capitalized terms used in this Monthly Certificateholders’ Statement have their respective
meanings set forth in the Pooling and Servicing Agreement.
 
A.
 
Information Regarding the Current Monthly Distribution.
 
 
1.
 
The total amount of the distribution to Certificateholders
 
      
 
on the Distribution Date per $1,000 original certificate
 
      
 
principal amount
 
        
Class A
   
$
1.55472
Class B
   
$
1.70778
CIA
   
$
5.83333
 
 
2.
 
The amount of the distribution set forth in paragraph 1
 
      
 
above in respect of interest on the Certificates, per $1,000
 
      
 
original certificate principal amount
 
        
Class A
   
$
1.55472
Class B
   
$
1.70778
CIA
   
$
5.83333

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
     
Series 1997-5
Page 2
       
 
 
3.
 
The amount of the distribution set forth in paragraph 1
 
    
 
above in respect of principal on the Certificates,
 
    
 
per $1,000 original certificate principal amount
 
        
Class A
   
$
0.00000
Class B
   
$
0.00000
CIA
   
$
0.00000
 
B.
 
Information Regarding the Performance of the Trust.
 
 
1.
 
Allocation of Principal Receivables.
 
 
    
 
The aggregate amount of Allocations of Principal
 
    
 
Receivables processed during the Monthly Period
 
    
 
which were allocated in respect of the Certificates
 
Class A
   
$
90,204,289.81
Class B
   
$
8,158,952.93
CIA
   
$
10,301,247.85
    
Total
   
$
108,664,490.59
 
 
2.
 
Allocation of Finance Charge Receivables
 
 
(a1)
 
The aggregate amount of Allocations of Finance
 
    
 
Charge Receivables processed during the Monthly
 
    
 
Period which were allocated in respect of the
 
    
 
Certificates
 
Class A
   
$
8,931,394.92
Class B
   
$
807,842.21
CIA
   
$
1,019,957.17
    
Total
   
$
10,759,194.30
 
(b1)  Principal Funding Investment Proceeds (to Class A)
   
$
0.00
(b2)  Withdrawals from Reserve Account (to Class A)
   
$
0.00
    
         Class A Available Funds
   
$
8,931,394.92
(c1)  Principal Funding Investment Proceeds (to Class B)
   
$
0.00
(c2)  Withdrawals from Reserve Account (to Class B)
   
$
0.00
         Class B Available Funds
   
$
807,842.21
(d1)  Principal Funding Investment Proceeds (to CIA)
   
$
0.00
(d2)  Withdrawals from Reserve Account (to CIA)
   
$
0.00
         CIA Available Funds
   
$
  1,019,957.17
(e1)  Total Principal Funding Investment Proceeds
   
$
0.00
(e2)  Investment Earnings on deposits to Reserve Account
   
$
0.00

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
  
Series 1997-5
Page 3
 
 
3.      Principal
 
Receivable / Investor Percentages
 
      
(a)    The aggregate amount of Principal Receivables in
         the Trust as of 08/31/02
   
$32,869,961,732.81
 
 
(b)
 
Invested Amount as of 08/31/02
 
    
 
(Adjusted Class A Invested Amount
 
    
 
during Accumulation Period)
        
Class A
   
$
650,000,000.00
Class B
   
$
58,735,000.00
CIA
   
$
74,395,000.00
    
Total
   
$
783,130,000.00
 
 
(c)
 
The Floating Allocation Percentage:
 
        
Class A
   
1.979
%
Class B
   
0.179
%
CIA
   
0.226
%
    
Total
   
2.384
%
 
 
(d)
 
During the Accumulation Period: The Invested Amount
 
    
 
as of ______ (the last day of the Revolving Period)
 
        
Class A
   
$
0.00
Class B
   
$
0.00
CIA
   
$
0.00
    
Total
   
$
0.00
 
 
(e)
 
The Fixed/Floating Allocation Percentage:
 
        
Class A
   
1.979
%
Class B
   
0.179
%
CIA
   
0.226
%
    
Total
   
2.384
%

 
MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 4
  
Series 1997-5
 
 
4.
 
Delinquent Balances
 
 
  
 
The aggregate amount of outstanding balances in the
 
  
 
Accounts which were delinquent as of the end of the day
 
  
 
on the last day of the Monthly Period
 
             
(a)
   
  30 - 59 days
   
$
474,037,411.33
(b)
   
  60 - 89 days
   
$
304,736,754.79
(c)
   
  90 - 119 days
   
$
232,587,296.02
(d)
   
120 - 149 days
   
$
184,167,054.60
(e)
   
150 - 179 days
   
$
164,853,666.14
(f)
   
180 or more days
   
$
0.00
    
Total
   
$
1,360,382,182.88
 
 
5.
 
Monthly Investor Default Amount.
 
 
(a)
 
The aggregate amount of all defaulted Principal
 
  
 
Receivables written off as uncollectible during the
 
  
 
Monthly Period allocable to the Invested Amount
 
  
 
(the aggregate “Investor Default Amount”)
 
        
Class A
   
$
2,924,585.83
Class B
   
$
264,527.98
Excess Collateral Amount
   
$
333,985.04
    
Total
   
$
3,523,098.85
 
 
6.
 
Investor Charge-Offs & Reimbursements of Charge-Offs.
 
 
(a)
 
The aggregate amount of Class A Investor Charge-
 
  
 
Offs and the reductions in the Class B Invested
 
  
 
Amount and the Excess Collateral Amount
 
        
Class A
   
$
0.00
Class B
   
$
0.00
Excess Collateral Amount
   
$
0.00
    
Total
   
$
0.00

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 5
  
Series 1997-5
 
 
(b)
 
The aggregate amount of Class A Investor Charge-
 
    
 
Offs reimbursed and the reimbursement of
 
    
 
reductions in the Class B Invested Amount and the
 
    
 
CIA
 
 
        
Class A
   
$
0.00
Class B
   
$
0.00
CIA
   
$
0.00
    
Total
   
$
0.00
 
 
7.
 
Investor Servicing Fee
 
 
(a)
 
The amount of the Investor Monthly Servicing Fee
 
    
 
payable by the Trust to the Servicer for the
 
    
 
Monthly Period
 
        
Class A
   
$
812,500.00
Class B
   
$
73,418.75
CIA
   
$
92,993.75
    
Total
   
$
978,912.50
 
 
8.
 
Reallocated Principal Collections
 
 
    
 
The amount of Reallocated CIA
 
    
 
and Class B Principal Collections applied in respect
 
    
 
of Interest Shortfalls, Investor Default Amounts or Investor
 
    
 
Charge-Offs for the prior month
 
        
Class B
   
$
0.00
CIA
   
$
0.00
    
Total
   
$
0.00
 
 
9.
 
CIA Invested Amount
        
(a)    The amount of the CIA Invested Amount as of the
         close of business on the related Distribution Date after
         giving effect to withdrawals, deposits and payments to
         be made in respect of the preceding month
   
$
74,395,000.00
        
(b)    The Required CIA Invested Amount as of the
         close of business on the related Distribution Date after
         giving effect to withdrawals, deposits and payments to
         be made in respect of the preceding month
   
$
74,395,000.00

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
     
Series 1997-5
 
Page 6
 
 
10.
 
The Pool Factor
 
 
    
 
The Pool Factor (which represents the ratio of the amount of the Investor Interest
 
    
 
on the last day of the Monthly Period, inclusive of any principal payments to be
 
    
 
made on the related Distribution Date, to the amount of the Investor Interest as
 
    
 
of the Closing Date). The amount of a Certificateholder's pro rata share of the
 
    
 
Investor Participation Amount can be determined by multiplying the original
 
    
 
denomination of the holder's Certificate by the Pool Factor
 
      
Class A
   
1.00000000
Class B
   
1.00000000
Total
   
1.00000000
 
 
11.
 
The Portfolio Yield
      
  The Portfolio Yield for the related Monthly Period
   
10.78%
 
 
12.
 
The Base Rate
 
      
  The Base Rate for the related Monthly Period
   
4.43%
 
C
 
Information Regarding the Principal Funding Account
1.      Accumulation Period
       
(a)    Accumulation Period Commencement Date
   
06/01/2004
 
(b)    Accumulation Period Length (months)
   
2
 
(c)    Accumulation Period Factor
   
6.30
 
(d)    Required Accumulation Factor Number
   
8
 
(e)    Controlled Accumulation Amount
   
$391,565,000.00
 
(f)    Minimum Payment Rate (last 12 months)
   
13.44
%
 
 
  2.    Principal
 
Funding Account
      
Beginning Balance
   
$0.00
Plus:  Principal Collections for related Monthly Period from
           Principal Account
   
0.00
Plus:  Interest on Principal Funding Account Balance for
           related Monthly Period
   
0.00
Less:  Withdrawals to Finance Charge Account
   
0.00
Less:  Withdrawals to Distribution Account
   
0.00
    
Ending Balance
   
0.00

 
MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 7
  
Series 1997-5
 
 
3.
 
Accumulation Shortfall
        
            The Controlled Deposit Amount for the previous             
            Monthly Period
   
$
0.00
Less:    The amount deposited into the Principal Funding
       
            Account for the Previous Monthly Period
   
$
0.00
            Accumulation Shortfall
   
$
0.00
    
            Aggregate Accumulation Shortfalls
   
$
0.00
 
 
4.
 
Principal Funding Investment Shortfall
        
            Covered Amount
   
$
0.00
Less:    Principal Funding Investment Proceeds
   
$
0.00
    
            Principal Funding Investment Shortfall
   
$
0.00
    
 
D.    Information Regarding the Reserve Account
 
 
1.
 
Required Reserve Account Analysis
             
(a)
   
Required Reserve Account Amount percentage
   
0.00000
%
             
(b)
   
Required Reserve Account Amount ($)
.5% of Invested Amount or other amount
designated by Transferor)
   
$0.00
 
             
(c)
   
Required Reserve Account Balance after effect of
any transfers on the Related Transfer Date
   
$0.00
 
             
(d)
   
Reserve Draw Amount transferred to the Finance
Charge Account on the Related Transfer Date
   
$0.00
 
 
 
2.
 
Reserve Account Investment Proceeds
        
Reserve Account Investment Proceeds transferred to the
Finance Charge Account on the Related Transfer Date
   
$
0.00
 
 
3.
 
Withdrawals from the Reserve Account
        
Total Withdrawals from the Reserve Account transferred
to the Finance Charge Account on the related Transfer
Date (1 (d) plus 2 above)
   
$
0.00
 
 
4.
 
The Portfolio Adjusted Yield
        
The Portfolio Adjusted Yield for the related Monthly Period
   
6.20
%

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Signature Page
 
 
First USA Bank, National Association
as Servicer
By:
  
/s/    MICHAEL J. GRUBB        
   
Michael J. Grubb
   
First Vice President