Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - JPMorgan Chase Bank, National Association | d394916d8k.htm |
| EX-99.1 - EXCESS SPREAD ANALYSIS - JPMorgan Chase Bank, National Association | d394916dex991.htm |
Exhibit 99.2
Chase Bank USA, N.A.
Monthly Certificateholder’s Statement
Chase Credit Card Master Trust
Series 2003-4
| Section 5.2 - Supplement |
Distribution Date: | 08/15/2012 | ||||||||||||||
| Period Type: | Revolving | |||||||||||||||
| (i) |
Monthly Principal Distributed | 0.00 | 0.00 | |||||||||||||
| (ii) |
Monthly Interest Distributed | |||||||||||||||
| Class A Note Interest Requirement | 248,040.63 | |||||||||||||||
| Class B Note Interest Requirement | 38,009.64 | |||||||||||||||
| Net Class C Note Interest Requirement | 80,551.61 | 366,601.88 | ||||||||||||||
| (iii) |
Collections of Principal Receivables | 174,890,772.20 | ||||||||||||||
| (iv) |
Collections of Finance Charge Receivables | 11,436,259.98 | ||||||||||||||
| (v) |
Aggregate Amount of Principal Receivables | 1,203,357,938.79 | ||||||||||||||
| Investor Interest |
725,000,000.00 | |||||||||||||||
| Adjusted Interest |
725,000,000.00 | |||||||||||||||
| Floating Investor Percentage | 60.25 | % | ||||||||||||||
| Fixed Investor Percentage | 60.25 | % | ||||||||||||||
| (vi) |
Receivables Delinquent (As % of Total Receivables) | |||||||||||||||
| Current to 29 days |
98.05 | % | ||||||||||||||
| 30 to 59 days |
0.57 | % | ||||||||||||||
| 60 to 89 days |
0.45 | % | ||||||||||||||
| 90 or more days |
0.93 | % | ||||||||||||||
| Total Receivables |
100.00 | % | ||||||||||||||
| (vii) |
Investor Default Amount | 3,253,578.20 | ||||||||||||||
| (viii) |
Investor Charge-Offs | 0.00 | ||||||||||||||
| (ix) |
Reimbursed Investor Charge-Offs | 0.00 | ||||||||||||||
| (x) |
Net Investor Servicing Fee | 302,083.33 | ||||||||||||||
| (xi) |
Portfolio Yield (Net of Defaulted Receivables) (1) | 13.24 | % | |||||||||||||
| (xii) |
Reallocated Principal Collections | 0.00 | ||||||||||||||
| (xiii) |
Accumulation Shortfall | 0.00 | ||||||||||||||
| (xiv) |
Principal Funding Investment Proceeds | 0.00 | ||||||||||||||
| (xv) |
Principal Funding Investment Shortfall | 0.00 | ||||||||||||||
| (xvi) |
Available Investor Finance Charge Collections | 10,832,093.31 | ||||||||||||||
| (xvii) |
Note Rate | Class A | 0.48875 | % | ||||||||||||
| Class B | 0.89875 | % | ||||||||||||||
| Class C | 1.49875 | % | ||||||||||||||
| (xviii) |
Spread Account | 7,250,000.00 | ||||||||||||||
(1) The Bank has recently modified its policy to accelerate the recognition of charge-offs on restructured loans that do not comply with their modified terms from 180 days past due to 120 days past due, based on regulatory guidance. The percentage reported in this table reflects, and the increase in the percentage from the previous reporting period is primarily attributable to, a one-time acceleration in charge-offs resulting from implementation of this new policy.
| By: | /s/ Patricia M. Garvey | |
| Name: | Patricia M. Garvey | |
| Title: | Vice President |