EX-99.1 3 dex991.txt MONTHLY STATEMENT TO CERTIFICATEHOLDERS MONTHLY NOTEHOLDERS STATEMENT M&I AUTO LOAN TRUST 2002-1 Class A1 1.77% Asset Backed Notes Class A2 1.95% Asset Backed Notes Class A3 2.49% Asset Backed Notes Class A4 3.04% Asset Backed Notes Class B 3.52% Asset Backed Notes DISTRIBUTION DATE: February 20, 2003 MONTHLY PERIOD: January, 2003 Under the Sales and Servicing Agreement dated as of October 10, 2002 among Marshall & Ilsley Bank as servicer and Marshall & Ilsley Auto Receivables LLC, as seller, Marshall & Ilsley Auto Trust 2002-1 as issuer and the Bank One, National Association as indenture trustee, the Servicer is required to prepare certain information each month regarding current distributions to Noteholders and the performance of the Trust during the previous month. The information that is required to be prepared with respect to the Distribution Date and Monthly Period listed above is set forth below. Certain of the information is presented on the basis of an original principal amount of $1,000 per Note, and certain other information is presented upon the aggregate amounts for the Trust as a whole. A. Information Regarding the Current Monthly Distribution 1. Notes (A) The aggregate amount of the distribution with respect to: Class A-1 Notes 20,883,843.13 Class A-2 Notes 198,250.00 Class A-3 Notes 394,250.00 Class A-4 Notes 172,741.67 Class B Notes 34,650.00 (B) The amount of the distribution set forth in paragraph A.1 (A) above in respect of interest on: Class A-1 Notes 113,539.75 Class A-2 Notes 198,250.00 Class A-3 Notes 394,250.00 Class A-4 Notes 172,741.67 Class B Notes 34,650.00 (C) The amount of the distribution set forth in paragraph A.1 (A) above in respect of principal on: Class A-1 Notes 20,770,303.38 Class A-2 Notes - Class A-3 Notes - Class A-4 Notes - Class B Notes - MONTHLY NOTEHOLDERS STATEMENT M&I AUTO LOAN TRUST 2002-1 Class A1 1.77% Asset Backed Notes Class A2 1.95% Asset Backed Notes Class A3 2.49% Asset Backed Notes Class A4 3.04% Asset Backed Notes Class B 3.52% Asset Backed Notes DISTRIBUTION DATE: February 20, 2003 MONTHLY PERIOD: January, 2003 (D) The amount of the distribution set forth in paragraph A.1 (A) above per $1,000 interest in: Class A-1 Notes 157.02137692 Class A-2 Notes 1.62500000 Class A-3 Notes 2.07500000 Class A-4 Notes 2.53333338 Class B Notes 2.93333333 (E) The amount of the distribution set forth in paragraph A.1 (B) above per $1,000 interest in: Class A-1 Notes 0.85368233 Class A-2 Notes 1.62500000 Class A-3 Notes 2.07500000 Class A-4 Notes 2.53333338 Class B Notes 2.93333333 (F) The amount of the distribution set forth in paragraph A.1 (C) above per $1,000 interest in: Class A-1 Notes 156.16769459 Class A-2 Notes - Class A-3 Notes - Class A-4 Notes - Class B Notes - B. INFORMATION REGARDING THE PERFORMANCE OF THE TRUST 1. Pool Balance and Note Principal Balance (A) The Pool Balance at the close of business on the last day of the Monthly Period: 454,518,286.18 MONTHLY NOTEHOLDERS STATEMENT M&I AUTO LOAN TRUST 2002-1 Class A1 1.77% Asset Backed Notes Class A2 1.95% Asset Backed Notes Class A3 2.49% Asset Backed Notes Class A4 3.04% Asset Backed Notes Class B 3.52% Asset Backed Notes DISTRIBUTION DATE: February 20, 2003 MONTHLY PERIOD: January, 2003 (B) The aggregate outstanding principal amount of each Class of Notes after giving effect to payments allocated to principal as set forth in paragraph A.1 (C) above with respect to: Class A-1 Notes 56,205,799.37 Class A-2 Notes 122,000,000.00 Class A-3 Notes 190,000,000.00 Class A-4 Notes 68,187,500.00 Class B Notes 11,812,500.00 (C) The Note Pool Factor for each Class of Notes after giving affect to the payments set forth in paragraph A.1 (C) above with respect to: Class A-1 Notes 0.42260000 Class A-2 Notes 1.00000000 Class A-3 Notes 1.00000000 Class A-4 Notes 1.00000000 Class B Notes 1.00000000 (D) The amount of aggregate Realized Losses for the preceding Monthly Period: 158,381.55 (E) The aggregate Purchase Amount for all Receivables that were repurchased in the Monthly Period: - 2. Servicing Fee The aggregate amount of the Servicing Fee paid to the Servicer with respect to the preceding Monthly Period 197,354.45 3. Payment Shortfalls (A) The amount of the Noteholders' Interest Carryover Shortfall after giving effect to the payments set forth in paragraph A.1 (B) above with respect to: Class A-1 Notes - Class A-2 Notes - Class A-3 Notes - Class A-4 Notes - Class B Notes - MONTHLY NOTEHOLDERS STATEMENT M&I AUTO LOAN TRUST 2002-1 Class A1 1.77% Asset Backed Notes Class A2 1.95% Asset Backed Notes Class A3 2.49% Asset Backed Notes Class A4 3.04% Asset Backed Notes Class B 3.52% Asset Backed Notes DISTRIBUTION DATE: February 20, 2003 MONTHLY PERIOD: January, 2003 (B) The amount of the Noteholders' Interest Carryover Shortfall set forth in paragraph 3(A) above per $1,000 interest with respect to: Class A-1 Notes - Class A-2 Notes - Class A-3 Notes - Class A-4 Notes - Class B Notes - (A) The aggregate amount of collections by the Servicer during the preceding Monthly Period: 21,948,881.91 (B) The aggregate amount which was received by the Trust from the Servicer during the Monthly Period: 21,751,527.46 (C) The number of Receivables that are delinquent for: 30-59 days 84 60-89 days 15 90 or more days 13 Repossessed Autos in Inventory 12

------------------------------------------------------------------------------------------------------------------------------------ N. Bond Principal Distributions ------------------------------------------------------------------------------------------------------------------------------------ Priority Principal Distribution - Regular Principal Distribution 20,770,303.38 ========================== Total Principal Distribution 20,770,303.38 0 Class A-1 Notes Principal Distribution 20,770,303.38 Class A-2 Notes Principal Distribution 0.00 Class A-3 Notes Principal Distribution 0.00 Class A-4 Notes Principal Distribution 0.00 Class B Notes Principal Distribution 0.00 ---------------------------------------------------------------------------------------------------------------------------------

M&I AUTO LOAN TRUST 2002-1 8-K