EX-99.22 24 dex9922.htm MONTHLY CERTIFICATEHOLDERS' STATEMENT 2001-1 Prepared by R.R. Donnelley Financial -- Monthly Certificateholders' Statement 2001-1
Exhibit 99.22
 
MONTHLY CERTIFICATEHOLDERS’ STATEMENT
 
FIRST USA BANK, NATIONAL ASSOCIATION
 
FIRST USA CREDIT CARD MASTER TRUST, SERIES 2001-1
 
Monthly Period:
   
8/1/02 to
    
8/31/02
Distribution Date:
   
9/19/02
Transfer Date:
   
9/18/02
 
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 2001-1 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
   
$
1.67056
Class B
   
$
1.92889
Excess Collateral Amount
   
$
2.40250
 
 
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
   
$
1.67056
Class B
   
$
1.92889
Excess Collateral Amount
   
$
2.40250

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 2
  
Series 2001-1
 
 
 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
Excess Collateral Amount
   
$
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
   
$
104,060,835.57
Class B
   
$
8,067,791.49
Excess Collateral Amount
   
$
11,759,831.62
    
Total
   
$
123,888,458.68
 
 
 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
   
$
10,303,372.74
Class B
   
$
798,816.02
Excess Collateral Amount
   
$
1,164,375.90
    
Total
   
$
12,266,564.66
 
            
(b1)
  
Principal Funding Investment Proceeds (to Class A)
   
$
0.00
(b2)
  
Withdrawals from Reserve Account (to Class A)
   
$
0.00
        
   
Class A Available Funds
   
$
10,303,372.74
(c1)
  
Principal Funding Investment Proceeds (to Class B)
   
$
0.00
(c2)
  
Withdrawals from Reserve Account (to Class B)
   
$
0.00
   
Class B Available Funds
   
$
798,816.02
(d1)
  
Principal Funding Investment Proceeds (to CIA)
   
$
0.00
(d2)
  
Withdrawals from Reserve Account (to CIA)
   
$
0.00
   
CIA Available Funds
   
$
1,164,375.90
(e1)
  
Total Principal Funding Investment Proceeds
   
$
0.00
(e2)
  
Investment Earnings on deposits to Reserve Account
   
$
0.00

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 3
  
Series 2001-1
 
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
   
$
750,000,000.00
Class B
   
$
58,036,000.00
Excess Collateral Amount
   
$
84,822,000.00
    
Total
   
$
892,858,000.00
    
(c
)
   
The Floating Allocation Percentage:
     
        
Class A
   
2.283
%
Class B
   
0.177
%
Excess Collateral Amount
   
0.258
%
    
Total
   
2.718
%
    
(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
Excess Collateral Amount
   
$0.00
    
Total
   
$0.00
    
(e
)
   
The Fixed/Floating Allocation Percentage:
     
        
Class A
   
2.283
%
Class B
   
0.177
%
Excess Collateral Amount
   
0.258
%
    
Total
   
2.718
%

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 4
  
Series 2001-1
 
 
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
   
$
3,373,840.04
Class B
   
$
261,572.36
Excess Collateral Amount
   
$
381,274.96
    
Total
   
$
4,016,687.36
 
 
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 2001-1
 
 
(b)
 
The aggregate amount of Class A Investor Charge-
Offs reimbursed and the reimbursement of
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
 
 
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
   
$
937,500.00
Class B
   
$
72,545.00
Excess Collateral Amount
   
$
106,027.50
    
Total
   
$
1,116,072.50
 
 
8.
 
Reallocated Principal Collections
 
The amount of Reallocated Excess Collateral Amount
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
Excess Collateral Amount
   
$
0.00
    
Total
   
$
0.00
 
 
9.
 
Excess Collateral Amount
 
      
                  (a)    The amount of the Excess Collateral 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
   
$84,822,000.00
 
 
 
10.
 
The Portfolio Yield
 
        
                       The Portfolio Yield for the related Monthly Period
   
10.78
%
 
 
11.
 
The Base Rate
 
        
                       The Base Rate for the related Monthly Period
   
4.04
%

 
MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 6
  
Series 2001-1
 
C    Information Regarding the Principal Funding Account
 
1.
   
Accumulation Period
         
(a)
   
Accumulation Period Commencement Date
   
 
10/01/2005
 
(b)
   
Accumulation Period Length (months)
   
 
3
 
(c)
   
Accumulation Period Factor
   
 
3.55
 
(d)
   
Required Accumulation Factor Number
   
 
8
 
(e)
   
Controlled Accumulation Amount
   
$
297,619,333.33
 
(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
 
 
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
    

MONTHLY CERTIFICATEHOLDERS’ STATEMENT
Page 7
  
Series 2001-1
 
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
   
6.58
%

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