EX-20.2 4 dex202.txt MONTHLY SERVICER'S CERTIFICATE, SERIES 1997-1 Exhibit 20.2 MONTHLY SERVICER'S CERTIFICATE First USA Bank, National Association First NBC Credit Card Master Trust Series 1997-1 For the June 12, 2002 Determination Date For the 58th Monthly Period The undersigned, a duly authorized representative of First USA Bank, National Association, (the "Bank"), pursuant to the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of August 1, 1997, by and between the Bank, as successor Transferor and Servicer to Bank One Louisiana, N.A. (as successor to the First National Bank of Commerce ("First NBC")) and The Bank of New York, as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Pooling and Servicing 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 3.4(b) of the Pooling and Servicing Agreement. References herein to certain sections and subsections are references to the respective sections and subsections of the Pooling and Servicing Agreement, as amended by the applicable Series Supplement. 2. First USA Bank, National Association, is Servicer under the Pooling and Servicing Agreement. 3. The undersigned is a Servicing Officer. 4. The date of this Certificate is June 12, 2002, which is a Determination Date under the Pooling and Servicing Agreement 5. The aggregate amount of Collections processed during the preceding Monthly Period [equal to 5(a) plus 5(b)] was $104,960,415.21 (a) The aggregate amount of Collections of Finance Charge Receivables collected during the preceding Monthly Period (the Collections of Finance Charge Receivables) was $10,765,310.71 (b) The aggregate amount of Collections of Principal Receivables collected during the preceding Monthly Period (the Collections of Principal Receivables) was $94,195,104.50 6. The aggregate amount of Receivables as of the end of the last day of the preceding Monthly Period was $797,388,047.20 7. Included is an authentic copy of the statements required to be delivered by the Servicer on the date of this Certificate to the Paying Agent pursuant to Article V. 8. To the knowledge of the undersigned, there are no liens on any Receivables in the Trust except as described below: None. 9. The amount, if any, by which the sum of the balance of the Excess Funding Account and the Aggregate Principal Receivables exceeds the Minimum Aggregate Principal Receivables required to be maintained pursuant to the Pooling and Servicing Agreement, is equal to $84,149,278.66 10. The amount, if any, of the withdrawal of the Specified Deposit from the Finance Charge Account required to be made by the Trustee pursuant to subsection 4.3(a) of the Pooling and Servicing Agreement on the related Transfer Date is $0.00 Monthly Servicer's Certificate Page 2 (all amounts in dollars except percentages) 11. Monthly Period Trust Activity

Monthly Servicer's Certificate Page 3 (all amounts in dollars except percentages)

Monthly Servicer's Certificate Page 4 (all amounts in dollars except percentages) (g) Amount of reductions in Class B Investor Interest pursuant to clauses (c),(d) and (e) of the definition of Class B Investor Interest 1. Amount of reductions in Class B Investor Interest 0.00 2. Amount of reductions in Class B Investor Interest per $1,000 original certificate principal amount 0.00 3. Total amount reimbursed in respect of reductions of Class B Investor Interest 0.00 4. Amount reimbursed in respect of reductions of Class B Investor Interest per $1,000 original certficate principal amount 0.00 5. The amount, if any, by which the outstanding Principal Balance of the Class B Certificates exceeds the Class B Investor Interest after giving effect to all transactions on such Distribution Date 0.00 (h) Information regarding the Distribution in respect of the Collateral Interest (per $1,000 original certificate principal amount) 1. Total distribution 1.032308 2. Amount of distribution in respect of Collateral Monthly Interest 1.032308 3. Amount of distribution in respect of Collateral Overdue Interest 0.000000 4. Amount of distribution in respect of Collateral Monthly Principal 0.000000 (i) Amount of reductions in Collateral Interest pursuant to clauses (c), (d), and (e) of the definition of Collateral Interest 1. Amount of reductions in Collateral Interest 0.00 2. Total amount reimbursed in respect of reductions of Collateral Interest 0.00 (j) Application of Reallocated Investor Finance Charge Collections 1. Class A Available Funds 2,361,241.63 a. Class A Monthly Interest 1,329,937.50 b. Class A Overdue Monthly Interest 0.00 c. Class A Additional Interest 0.00 d. Class A Servicing Fee 97,312.50 e. Class A Investor Default Amount 364,974.14 f. Excess Spread 569,017.49 2. Class B Available Funds 289,002.77 a. Class B Monthly Interest 111,125.00 b. Class B Overdue Monthly Interest 0.00 c. Class B Additional Interest 0.00 d. Class B Servicing Fee 26,250.00 e. Excess Spread 151,627.77 3. Collateral Holder Available Funds 123,858.01 a. Excess Spread 123,858.01 4. Total Excess Spread 844,503.27

Monthly Servicer's Certificate Page 5 (all amounts in dollars except percentages) (k) Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1997-1 1. Beginning Excess Spread 844,503.27 2. Excess Finance Charge Collections 0.00 3. Applied to fund Class A Required Amount 0.00 4. Unreimbursed Class A Investor Charge-Offs 0.00 5. Applied to fund Class B Required Amount 73,838.75 6. Reductions of Class B Investor Interest treated as Available Principal Collections 0.00 7. Applied to Collateral Monthly Interest and unpaid Collateral Monthly Interest 20,130.00 8. Applied to Collateral Interest Servicing Fee and any overdue Collateral Interest Servicing Fee 11,250.00 9. Collateral Investor Default Amount treated as Available Principal Collections 31,645.10 10. Reductions of Collateral Interest treated as Available Principal Collections 0.00 11. Deposit to Reserve Account (if required) 697,006.99 12. Applied to other amounts owed to Collateral Interest Holder 0.00 13. Balance to constitute Excess Finance Charge Collections for other series 10,632.43 13. Trust Performance (a) Delinquencies 1. 30-59 days 8,945,292.51 2. 60-89 days 5,582,332.91 3. 90 days and over 9,170,985.75 4. Total 30+ days delinquent 23,698,611.17 (b) Base Rate a. Current Monthly Period 8.05676% b. Prior Monthly Period 8.04979% c. Second Prior Monthly Period 8.03449% (c) Three Month Average Base Rate 8.04701% (d) Portfolio Yield (gross portfolio yield less net defaults) a. Current Monthly Period 9.54879% b. Prior Monthly Period 9.75023% c. Second Prior Monthly Period 11.82681% (e) Three Month Average Portfolio Yield 10.37528% (f) Excess Spread Percentage a. Current Monthly Period 6.34654% b. Prior Monthly Period 5.39540% c. Second Prior Monthly Period 7.63654% (g) Three Month Average Excess Spread Percentage 6.45950% (h) Monthly Payment Rate (total collections/beginning aggregate principal receivables) 13.42003% (i) Portfolio Adjusted Yield 1.49203%

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this certificate this 12th day of June. First USA Bank, National Association, as Servicer By: /s/ Tracie Klein -------------------------------------- Name: Tracie Klein Title: First Vice President

FIRST NBC CREDIT CARD MASTER TRUST 8-K