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EXHIBIT 99.12
MONTHLY CERTIFICATEHOLDERS' STATEMENT
FIRST USA BANK, NATIONAL ASSOCIATION
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FIRST USA CREDIT CARD MASTER TRUST, SERIES 1997-1
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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 1997-1 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.
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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 $6.11417
Class B $6.30667
CIA $6.80167
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 $6.11417
Class B $6.30667
CIA $6.80167
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-1
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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 $105,971,981.42
Class B $9,550,686.71
CIA $12,141,564.47
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Total $127,664,232.60
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 $11,153,196.99
Class B $1,005,177.87
CIA $1,277,859.09
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Total $13,436,233.95
(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 $11,153,196.99
(c1) Principal Funding Investment Proceeds (to Class B) $0.00
(c2) Withdrawals from Reserve Account (to Class B) $0.00
Class B Available Funds $1,005,177.87
(d1) Principal Funding Investment Proceeds (to CIA) $0.00
(d2) Withdrawals from Reserve Account (to CIA) $0.00
CIA Available Funds $1,277,859.09
(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 1997-1
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3. Principal Receivable/Investor Percentages
(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 $750,000,000.00
Class B $67,770,000.00
CIA $85,845,000.00
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Total $903,615,000.00
(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 2.076%
Class B 0.188%
CIA 0.238%
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Total 2.502%
(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 1997-1
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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 $5,032,865.80
Class B $453,585.22
CIA $576,632.28
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Total $6,063,083.30
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
(b) The amounts set forth in paragraph 6(a) above, per $1,000
original certificate principal amount (which will have the
effect of reducing, pro rata, the amount of each
Certificateholder's investment)
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 1997-1
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(c) 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
(d) The amounts set forth in paragraph 6(c) above, per $1,000
interest (which will have the effect of increasing, pro
rata, the amount of each Certificateholder's investment)
Class A $0.00
Class B $0.00
CIA $0.00
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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 $84,712.50
CIA $107,306.25
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Total $1,129,518.75
8. Reallocated Principal Collections
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 $85,845,000.00
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-1
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(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 $85,845,000.00
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 8.76%
C Information Regarding the Principal Funding Acccount
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1. Accumulation Period
(a) Accumulation Period commencement date 12/01/2003
(b) Accumulation Period Length (months) 2
(c) Accumulation Period Factor 5.40
(d) Required Accumulation Factor Number 8
(e) Controlled Accumulation Amount $451,807,500.00
(f) Minimum Payment Rate (last 12 months) 14.06%
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-1
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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
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
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MONTHLY CERTIFICATEHOLDERS' STATEMENT Series 1997-1
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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 3.35%
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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
