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EXHIBIT 99.16
MONTHLY CERTIFICATEHOLDERS' STATEMENT
FIRST USA BANK, NATIONAL ASSOCIATION
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FIRST USA CREDIT CARD MASTER TRUST, SERIES 1997-5
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Monthly Period: 5/1/00 to
5/31/00
Distribution Date: 6/19/00
Transfer Date: 6/16/00
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.
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1. The total amount of the distribution
to Certificateholders on the Distribution
Date per $1,000 original certificate
principal amount
Class A $6.15083
Class B $6.32500
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 $6.15083
Class B $6.32500
CIA $5.83333
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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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.
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1. Allocation of Principal Receivables.
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The aggregate amount of Allocations of
Principal Receivables processed during
the Monthly Period which were allocated
in respect of the Certificates
Class A $ 91,849,157.46
Class B $ 8,280,648.59
CIA $ 10,515,915.69
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Total $110,645,721.74
2. Allocation of Finance Charge Receivables
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(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 $ 9,666,816.96
Class B $ 871,510.58
CIA $ 1,106,764.99
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Total $ 11,645,092.53
(b1) Principal Funding Investment Proceeds
(to Class A) $ 0.00
(b2) Withdrawals from Reserve Account
(to Class A) $ 0.00
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Class A Available Funds $ 9,666,816.96
(c1) Principal Funding Investment Proceeds
(to Class B) $ 0.00
(c2) Withdrawals from Reserve Account
(to Class B) $ 0.00
Class B Available Funds $ 871,510.58
(d1) Principal Funding Investment Proceeds
(to CIA) $ 0.00
(d2) Withdrawals from Reserve Account (to CIA) $ 0.00
CIA Available Funds $ 1,106,764.99
(e1) Total Principal Funding Investment Proceeds $ 0.00
(e2) Investment Earnings on deposits
to Reserve Account $ 0.00
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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3. Principal Receivable / Investor Percentages
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(a) The aggregate amount of Principal
Receivables in the Trust as of the last
day of the Monthly Period $36,124,641,027.99
(b) Invested Amount as of the last day of
the preceding month (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
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Total $783,130,000.00
(c) The Floating Allocation Percentage:
The Invested Amount set forth in paragraph
3(b) above as a percentage of the aggregate
amount of Principal Receivables as of the
Record Date set forth in paragraph 3(a) above
Class A 1.799%
Class B 0.163%
CIA 0.206%
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Total 2.168%
(d) During the Amortization Period: The
Invested Amount as of _______ (the last
day of the Revolving Period)
Class A $ 0.00
Class B $ 0.00
CIA $ 0.00
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Total $ 0.00
(e) The Fixed/Floating Allocation Percentage:
The Invested Amount set forth in paragraph
3(d) above as a percentage of the aggregate
amount of Principal Receivables set forth
in paragraph 3(a) above
Class A 0.000%
Class B 0.000%
CIA 0.000%
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Total 0.000%
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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4. Delinquent Balances.
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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) 35 - 64 days $ 428,403,170.53
(b) 65 - 94 days $ 277,772,886.82
(c) 95 - 124 days $ 231,052,772.40
(d) 125 - 154 days $ 196,167,513.76
(e) 155 - 184 days $ 164,129,162.83
(f) 185 or more days $ 0.00
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Total $1,297,525,506.34
5. Monthly Investor Default Amount.
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(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 $4,362,138.72
Class B $ 393,268.04
CIA $ 499,426.28
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Total $5,254,833.04
6. Investor Charge-Offs & Reimbursements of Charge-Offs.
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(a) The aggregate amount of Class A Investor Charge-
Offs and the reductions in the Class B Invested
Amount and the CIA
Class A $ 0.00
Class B $ 0.00
CIA $ 0.00
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Total $ 0.00
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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(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
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Total $ 0.00
7. Investor Servicing Fee
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(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
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Total $ 978,912.50
8. Reallocated Principal Collections
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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
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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
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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10. The Pool Factor
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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
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The Portfolio Yield for the related Monthly Period 9.79%
12. The Base Rate
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The Base Rate for the related Monthly Period 8.75%
C Information Regarding the Principal Funding Account
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1. Accumulation Period
(a) Accumulation Period commencement date 06/01/2004
(b) Accumulation Period Length (months) 2
(c) Accumulation Period Factor 5.66
(d) Required Accumulation Factor Number 8
(e) Controlled Accumulation Amount $391,565,000.00
(f) Minimum Payment Rate (last 12 months) 14.06%
2. Principal Funding Account
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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
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Ending Balance $0.00
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-5
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3. Accumulation Shortfall
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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
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Aggregate Accumulation Shortfalls $ 0.00
4. Principal Funding Investment Shortfall
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Covered Amount $ 0.00
Less: Principal Funding Investment Proceeds $ 0.00
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Principal Funding Investment Shortfall $ 0.00
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D. Information Regarding the Reserve Account
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1. Required Reserve Account Analysis
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(a) Required Reserve Account Amount percentage 0.00000%
(b) Required Reserve Account Amount ($) $ 0.00
(0.5% of Invested Amount or other amount
designated by Transferor)
(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
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Reserve Account Investment Proceeds transferred
to the Finance Charge Account on the Related Transfer
Date $ 0.00
3. Withdrawals from the Reserve Account
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Total Withdrawals from the Reserve Account transferred
to the Finance Charge Account on the related Transfer $ 0.00
Date (1 (d) plus 2 above)
4. The Portfolio Adjusted Yield
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The Portfolio Adjusted Yield for the related
Monthly Period 3.32%
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MONTHLY CERTIFICATEHOLDER'S STATEMENT
Signature Page
First USA Bank, National Association
as Servicer
By: /s/ Tracie Klein
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Tracie Klein
First Vice President
