<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: August 16, 1999
THE CHASE MANHATTAN BANK
(formerly known as "The Chase Manhattan Bank, N.A.")
----------------------------------------------------------
(Originator of the Trust referred to herein)
(Exact name of the registrant as specified in its charter)
CHASE MANHATTAN GRANTOR TRUST 1996-A
-------------------------------------
(Issuer with respect to Certificates)
New York 33-99544 13-2633612
- ---------------------------- ------------------------ -------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
270 Park Avenue, New York, New York 10017
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 270-6000
--------------
<PAGE>
Item 5. Other Events:
Chase Manhattan Grantor Trust 1996-A is the issuer of a single class of
Automobile Loan Pass-Through Certificates. The certificates are serviced in
accordance with the Pooling and Servicing Agreement, dated as of February 1,
1996, as amended. The parties to the Pooling and Servicing Agreement are: The
Chase Manhattan Bank, as seller and as servicer, and Norwest Bank Minnesota,
National Association, as trustee.
On August 16, 1999, Chase, as servicer, distributed monthly interest to the
holders of the certificates. Chase furnished a copy of monthly statement to
certificateholders for the series as required by the Pooling and Servicing
Agreement. A copy of the monthly statement to certificateholders is being filed
as Exhibit 20.1 to this Current Report on Form 8-K.
Item 7(c). Exhibits
Exhibits Description
-------- -----------
20.1 Monthly Statement to Certificateholders with
respect to the August 16, 1999 distribution.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: August 27, 1999
THE CHASE MANHATTAN BANK,
as Servicer
By: /s/ Jeffrey D. Hammer
------------------------
Name: Jeffrey D. Hammer
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
----------- -----------
20.1 Statement to Certificateholders dated 8/16/99
delivered pursuant to Section 5.7 of the
Pooling and Servicing Agreement dated as of
February 1, 1996.
<PAGE>
Page 1 of 13
Chase Manhattan Grantor Trust 1996-A
Statement to Certificateholders
August 16, 1999
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
- ---------------------------------------------------------------------------------------------------------------------------------
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A 1,474,263,764.33 145,694,564.09 13,949,070.31 631,343.11 14,580,413.42 0.00 0.00 131,745,493.78
- ---------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,474,263,764.33 145,694,564.09 13,949,070.31 631,343.11 14,580,413.42 0.00 0.00 131,745,493.78
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------- -------------------
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- ------------------------------------------------------------------------------- -------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL PASS-THRU
CLASS FACTOR PRINCIPAL INTEREST TOTAL FACTOR CLASS RATE
- ------------------------------------------------------------------------------- -------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 98.82530360 9.46171957 0.42824298 9.88996255 89.36358403 A 5.200000%
- ------------------------------------------------------------------------------- -------------------
TOTALS 98.82530360 9.46171957 0.42824298 9.88996255 89.36358403
- -------------------------------------------------------------------------------
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kimberly Costa
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-3247
Email: [email protected]
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY REPORT
<TABLE>
<S> <C> <C>
Due Period 42
Due Period Beginning Date 07/01/99
Due Period End Date 07/31/99
Determination Date 08/10/99
I. Monthly Expense Summary
A. Servicing Fee Disbursement 121,412.14
B. Cash Collateral Account Expense 0.00
C. Total Expenses Paid (per $1000 of Original Principal Amount) 0.082354
II. Cash Collateral Account Deposit Amount 0.00
III. Outstanding Advance Summary
A. From Prior Period 3,696,300.53
B. From Current Period 3,670,752.49
C. Change in Amount Between Periods (Line B - A) -25,548.04
IV. Available Cash Collateral Account Information for Due Period
A. Available Cash Collateral Amount 11,056,978.23
B. Available Cash Collateral Amount Percentage 7.589149%
V. Available Cash Collateral Account Information for Next Period
A. Available Cash Collateral Amount 11,056,978.23
B. Available Cash Collateral Amount Percentage 8.392680%
VI. Required Cash Collateral Amount
A. For the Current Collection Period 11,056,978.23
B. For the Next Collection Period 11,056,978.23
VII. Payment Summary for Servicer
A. Monthly Servicing Fees
1. Scheduled Monthly Servicing Fee 121,412.14
B. Monthly Disbursements to Servicer
1. Monthly Servicing Fee and Unpaid Servicing Fee 121,412.14
2. Reimbursed Advance Amount 190,149.37
3. Net Investment Earnings on Certificate Account 0.00
4. Total (Lines 1 thru 3) 311,561.51
C. Advance by Servicer 164,601.33
D. Net Disbursement to Seller (Lines B - C) 146,960.18
VIII. Certificate Account Surplus from Cert Acct to Cash Collateral Acct 0.00
IX. Disbursements on Cash Collateral Loan
A. Interest Payment on Loan 0.00
B. Fees and Expenses on Loan 0.00
C. Principal Payment on Loan 0.00
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 3 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
<TABLE>
<S> <C> <C>
X. Repayment to Seller
A. From Available Cash Collateral Funds 50,419.82
B. From Certificate Account
1. Excess Funds 293,787.20
2. Certificate Amount Surplus 0.00
3. Excess Amount (Lines 1-2) 293,787.20
C. Excess Amount Paid Seller (Lines A + B) 344,207.02
XI. Recoveries of Defaulted Receivables for Due Period 38,461.74
XII. Recoveries of Interest Delinquencies for Due Period 190,149.37
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 4 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
I. Available Amount in the Certificate Account
A. Credits
1. Payments from Obligors Applied to Collection Period
a. Principal Payments 13,756,546.30
b. Recovery of Advance 183,096.11
c. Other Interest Payments 936,953.29
d. Total (A thru C) 14,876,595.70
2. Repurchase Amount from Repurchased Receivables
a. Principal before Cutoff Date 0.00
b. Interest before Cutoff Date 0.00
c. Principal Payments 102,347.10
d. Recovery of Advance 2,925.66
e. Other Interest Payments 828.75
f. Total (A thru E) 106,101.51
3. Reversal from Defaulted Contracts 0.00
4. Recovery of Defaulted Receivables 38,461.74
5. Recovery Amount Before Cutoff Date (Excluding Repurchased Receivables)
a. Principal 0.00
b. Interest 0.00
c. Total (A thru B) 0.00
6. Investment Earnings on Certificate Account 0.00
7. Net Adjustments 1.85
8. Advance by Servicer 164,601.33
9. Overpayment from Obligors 0.00
10. Total Credits 15,185,762.13
B. Debits
1. Overpayments from Obligors 0.00
2. Recovery Amount Before Cutoff Date to Seller
a. Principal 0.00
b. Interest. 0.00
c. Total (Lines A thru B) 0.00
3. Reversal from Defaulted Contracts 0.00
4. Reimbursement of Advance
a. From Payments of Non-Defaulted Receivables 186,021.77
b. From Recovery of Defaulted Receivables 0.00
c. Total (Lines A thru B) 186,021.77
5. Net Investment Earnings on Certificate Account 0.00
6. Total Debits (Lines 1 thru 5) 186,021.77
C. Total Available Amount 14,999,740.36
[Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 5 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
II. Reimbursement of Advance on Defaulted Receivables
A. Recovery of Advance 3,037.05
B. Unreimbursed Advance from Prior Period 0.00
C. Reimbursed Amount (Min: Lines A and B) 0.00
III. Excess Collections for Collection Period
A. Excess Spread Amount 349,723.06
B. Net Recovery of Defaulted Receivables
1.Recovery of Defaulted Receivables 38,461.74
2. Reimbursement of Advance 0.00
3. Net Recovery of Defaulted Receivables (lines 1-2) 38,461.74
C. Excess Spread Amount to this Periods Defaulted Receivables
1. Balance on Defaulted Receivables
a. Principal 90,176.81
b. Advanced Interest 4,127.60
c. Unadvanced Interest 93.09
d. Total (Lines A thru C) 94,397.60
2. Amount Applied to Default Balance (Min: Lines A+B and C.1) 94,397.60
D. Principal Carryover Shortfall 0.00
E. Adjustment to Excess Collection 0.00
F. Excess Collections 293,787.20
IV. Scheduled Monthly Disbursements
A. Unreimbursed Advance on Defaulted Receivables 0.00
B. Principal and Interest to Certificateholders
1. Monthly Prinicpal
a. From Repurchsed Receivables 102,347.10
b. From Defaulted Receivables 90,176.91
c. Principal Payment 13,756,546.30
d. Total (Lines A thru C) 13,949,070.31
2. Monthly Interest 631,343.11
3. Unpaid Interest 0.00
4. Principal Carryover Shortfall 0.00
5. Total 14,580,413.42
C. Servicing Fee to Servicer
1. Monthly Servicing Fee 121,412.14
2. Overdue Monthly Servicing Fee 0.00
3. Total (Lines 1 thru 2) 121,412.14
D. Total (Lines A thru C) 14,701,825.56
V. Payment Deficiency Amount
A. Scheduled Monthly Disbursements 14,701,825.56
B. Available Distribution Amount
1. Available Amount in Certificate Account 14,999,740.36
2. Excess Collections in Certificate Account 293,787.20
3. Reimbursed Advance on Defaulted Receivables from Excess Spread 4,127.60
4. Available Distribution Amount (Lines 1-2-3) 14,701,825.56
C. Payment Deficiency Amount (Max: (Lines A-B) and 0.00) 0.00
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 6 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
VI. Cash Collateral Account Withdrawal
A. Available Cash Collateral Amount for the Collection Period 11,056,978.23
B. Payment Deficiency Amount 0.00
C. Cash Collateral Account Withdrawal 0.00
VII. Disbursements from the Certificate Account with CCA Withdrawal
A. Available Distribution Amount
1. Available Distribution Amount from Certificate Account 14,999,740.36
2. Excess Collections 293,787.20
3. Cash Collateral Account Withdrawal 0.00
4. Reimbursed Advance on Defaulted Receivables from Excess Spread 4,127.60
5. Available Amount (Lines 1 - 2 + 3 - 4) 14,701,825.56
B. Disbursements of Advance on Defaulted Receivables 0.00
C. Disbursements to Certificateholders 14,580,413.42
D. Monthly Servicing Fee and Overdue Servicing Fee 121,412.14
E. Excess Funds from Certificate Account
1. Available Amount after Distribution (Lines A - B - C- D) 0.00
2. Excess Collections 293,787.20
3. Excess Funds (Lines 1 + 2) 293,787.20
VIII. Average Certificate Principal Balance for the Collection Period
A. Beginning Balance 145,694,564.09
B. Ending Balance 131,745,493.78
C. Average Balance (Lines (A + B) / 2) 138,720,028.94
IX. Delinquency and Defaults Information
------------------------------------------------------------
Group 1
------------------------------------------------------------
Delinquency Principal
Period Number Amount Balance
------------------------------------------------------------
30-59 days 582 384,996.92 3,077,532.69
------------------------------------------------------------
60-89 days 137 136,945.32 739,284.89
------------------------------------------------------------
90-119 days 46 61,906.59 252,203.84
------------------------------------------------------------
120+149 days 19 32,151.56 120,908.10
------------------------------------------------------------
150+179 days 10 20,234.18 54,162.75
------------------------------------------------------------
180+209 days 11 28,095.91 63,785.62
------------------------------------------------------------
210+239 days 3 6,765.09 10,953.79
------------------------------------------------------------
240+Days Delinquent 0 0.00 0.00
------------------------------------------------------------
Total 808 671,095.57 4,318,831.68
------------------------------------------------------------
B. Principal Amount of Loans in Defaulted Receivables 90,176.91
C. Delinquency Percentage
1. Outstanding Principal Balance for Deliquency >= 60 Days 1,241,298.99
2. Portfolio Principal Ending Balance for the Collection Period 131,745,493.78
3. Delinquency Percentage 0.942195%
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 7 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
X. Portfolio Average Delinquency Rate
A. Delinquency Rate for Second Prior Period 0.881116%
B. Delinquency Rate for Prior Period 0.920191%
C. Delinquency Rate for Current Period 0.942195%
D. Average Deliquency Rate 0.914501%
XI. Portfolio Average Three Due Periods Charge Off Rate
A. Charge Off Rate for Second Prior Period 0.173715%
B. Charge Off Rate for Prior Period 0.209562%
C. Charge Off Rate for Current Period
1. Principal Recoveries of Defaulted Receivables 34,529.44
2. Principal on Defaulted Receivables 90,176.91
3. Average Pool Balance for Collection Period 138,720,028.94
4. Charge Off Rate (12 * (Lines (2 - 1) / 3) 0.481379%
D. Average Charge Off Rate ( ( Lines A thru C) / 3) 0.288219%
XII. Required Cash Collateral Amount for Next Collection Period
A. Cash Collateral Floor Amount
1. Maximum Amount 11,056,978.23
2. Possible Floor Amount
a. Pool Principal Balance at the Beginning of Collection Period 145,694,564.09
b. Cumulative Monthly Interest Through Final Distribution Date 18,940,293.33
c. Cumulative Monthly Servicing Fee Through Final Distribution Date 3,642,364.10
d. Total (Lines A thru C) 168,277,221.52
3. Cash Collateral Floor Amount (Min: Lines 1 & 2) 11,056,978.23
B. Possible Cash Collateral Amount
1. Cash Collateral Percentage
a. Average Three Period Delinquency Percentage 0.914501%
b. Delinquency Percentage Trigger 1.250000%
c. Average Three Period Charge Off Rate 0.288219%
d. Charge Off Rate Trigger 1.250000%
e. Maximum Cash Collateral Percentage Specified 7.000000%
f. Minimum Cash Collateral Percentage Specified 5.000000%
g. Cash Collateral Percentage Applied (If a>b or c>d, then e, else f) 5.000000%
2. Pool Principal Balance 131,745,493.78
3. Possible Amount 6,587,274.69
C. Required Cash Collateral Amount (Max: Lines A & B) 11,056,978.23
XIII. Deposit to Cash Collateral Account
A. Excess Funds from Certificate Account 293,787.20
B. Required Deposit to Cash Collateral Account
1. Required Cash Collateral Amount for Next Period 11,056,978.23
2. Available Cash Collateral Amount 11,056,978.23
3. Cash Collateral Account Withdrawal 0.00
4. Required Deposit Amount (Max: 0 & Lines 1-2+3) 0.00
C. Deposit Amount to Cash Collateral Account (Min: Lines A & B) 0.00
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 8 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
XIV. Memorandum Spread Account Unfunded Amount
A. Memorandum Spread Account Cap
1. Cash Collateral Floor Amount 11,056,978.23
2. Possible Cap
a. Pool Principal Balance 131,745,493.78
b. Memorandum Spread Account Cap Percentage
1. Average Three Period Charge Off Rate 0.288219%
2. Minimum Charge Off Rate Trigger 1.250000%
3. Average Three Period Delinquency Rate 0.914501%
4. Minimum Delinquency Percentage 1.250000%
5. Minimum Cap Percentage Specified 1.000000%
6. Maximum Cap Percentage Specified 2.000000%
7. Memorandum Spread Account Cap Percentage
(If 1 < = 2 and 3 < = 4 then 5 also 6) 1.000000%
c. Possible Amount (Lines a * b) 1,317,454.94
3. Memorandum Spread Account Cap (Max: Lines ( 1 + 2)) 11,056,978.23
B. Memorandum Spread Account Amount
1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Principal Balance on Cash Collateral Loan 0.00
5. Memorandum Spread Account Amount (Max: 0 & Lines 1 + 2 - 3 - 4) 11,056,978.23
C. Memorandum Spread Account Unfunded Amount (Max: 0 & Lines A - B) 0.00
XV. Available Cash Collateral Payment Funds
A. Certificate Account Surplus
1. Excess Funds from Certificate Account 293,787.20
2. Memorandum Spread Account Unfunded Amount 0.00
3. Certificate Account Surplus 0.00
B. Cash Collateral Account Surplus
1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Required Cash Collateral Amount for Next Period 11,056,978.23
5. Cash Collateral Account Surplus (Max: 0 & Lines 1 + 2 - 3 - 4) 0.00
C. Investment Earnings on Cash Collateral Account 50,419.82
D. Available Cash Collateral Payment Funds 50,419.82
XVI. Scheduled Disbursement on Cash Collateral Loan
A. Scheduled Interest
1. Interest on Deposit Rate Portion 0.00
2. Interest on Base Rate Portion 0.00
3. Unpaid Interest 0.00
4. Total (Lines 1 thru 3) 0.00
B. Fees and Expenses
1. Fees and Expenses 0.00
2. Overdue Fees and Expenses 0.00
3. Total (Lines 1 thru 2) 0.00
C. Total (Lines A + B) 0.00
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 9 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY SERVICER CERTIFICATE REPORT
<TABLE>
<S> <C> <C>
XVII. Excess From Memorandum Spread Account
A. Memorandum Spread Account Cap 11,056,978.23
B. Adjusted Memorandum Spread Account Amount
1. Memorandum Spread Account Amount 11,056,978.23
2. Investment Earnings on Cash Collateral Account 50,419.82
3. Interest Due to Cash Collateral Loan 0.00
4. Fees and Expenses to Cash Collateral Loan 0.00
5. Adjusted Memorandum Spread Account Amount
(Max: 0 & Lines 1 + 2 - 3 - 4) 11,107,398.05
C. Excess from Memorandum Spread Account 50,419.82
XVIII. Disbursement of Available Cash Collateral Payment Funds
A. Available Cash Collateral Payment Funds 50,419.82
B. Interest Payment to Cash Collateral Loan 0.00
C. Fees and Expenses on Cash Collateral Depositor 0.00
D. Principal Payment to Cash Collateral Loan
1. Available Disbursement Amount
a. Available Amount after Disbursement of Interest, Fees, & Expenses 50,419.82
b. From Excess of Memorandum Spread Account 50,419.82
c. Available Disbursement Amount 0.00
2. Principal Balance on Cash Collateral Loan 0.00
3. Principal Payment 0.00
E. Excess Amount to Seller 50,419.82
XIX. Available Cash Collateral Amount for Next Distrbution Date
A. Available Cash Collateral Amount
1. Available Cash Collateral Amount 11,056,978.23
2. Cash Collateral Account Deposit from Certificate Account 0.00
3. Cash Collateral Account Withdrawal 0.00
4. Cash Collateral Account Surplus 0.00
5. Available Cash Collateral Amount (Lines 1 + 2 - 3 - 4) 11,056,978.23
B. Available Cash Collateral Percentage 8.392680%
XX. Reimbursed Advance
A. From Payment in Certificate Account 186,021.77
B. From Excess Spread 4,127.60
C. From Certificate Account with Cash Collateral Withdrawal 0.00
D. Total (Lines A thru C) 190,149.37
XXI. Excess Amount to Seller
A. From Available Cash Collateral Payment Funds 50,419.82
B. From Certificate Account
1. Excess Funds 293,787.20
2. Certificate Account Surplus 0.00
3. Excess Amount 293,787.20
C Excess Amount to Seller (Lines A thru B) 344,207.02
XXII. Weighted Average Coupon as of Current Period 9.079933%
XXIII. Weighted Average Maturity as of Current Period 14.79542106
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 10 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY BALANCE REPORT
<TABLE>
<S> <C> <C>
I. Defaulted Receivables Summary
A. Beginning Balance
1. Principal 8,195,028.88
2. Interest 313,969.05
3. Total 8,508,997.93
B. Additions
1. Principal 90,176.91
2. Interest 4,220.69
3. Total (Lines 1 thru 2) 94,397.60
C. Net Recoveries
1. Principal 34,529.44
2. Interest 3,065.61
3. Excess 866.69
4. Total (Lines 1 thru 3) 38,461.74
D. Adjustments on Excess from Recoveries 866.69
E. Ending Balance
1. Principal 8,250,676.35
2. Interest 315,124.13
3. Total (Lines 1 + 2) 8,565,800.48
II. Portfolio Delinquency Summary
A. Beginning Balance 2,204,296.66
B. Additions 1,685,983.35
C. Recoveries
1. From Repurchased Receivables 12,306.17
2. Delinquency Adjustments on Matured Contracts 485.18
3. Others 1,711,400.91
4. Total (Lines 1 thru 3) 1,724,192.26
D. To Defaulted Receivables 28,465.77
E. Ending Balance 2,137,621.98
III. Outstanding Advances Summary
A. Beginning Balance 3,696,300.53
B. Additions 164,601.33
C. Reimbursements
1. For Defaulted Receivables
a. From Receivables Excess Spread 4,127.60
b. From Cash Collateral Withdrawal 0.00
c. From Recoveries of Defaulted Receivables 0.00
d. Total (Lines a thru c) 4,127.60
2. Others 186,021.77
3. Total (Lines 1 thru 2) 190,149.37
D. Ending Balance (Lines A + B - C) 3,670,752.49
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 11 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY BALANCE REPORT
<TABLE>
<S> <C> <C>
IV. Unreimbursed Advances of Defaulted Receivables Summary
A. Beginning Balance 0.00
B. Additions 4,127.60
C. Reimbursements
1. From Recoveries of Defaulted Receivables 0.00
2. From Excess Reserve Account 4,127.60
3. From Cash Collateral Withdrawal 0.00
4. Total 4,127.60
D. Ending Balance (Lines A + B - C) 0.00
V. Maturity Interest Deficiency Summary
A. Beginning Balance 2,211,145.75
B. Additions 44,005.66
C. Ending Balance 2,255,151.41
VI. Certificate Principal Balance
A. Beginning Balance 145,694,564.09
B. Monthly Prinicpal
1. Defaulted Receivables 90,176.91
2. Repurchased Receivables 102,347.10
3. Principal Payment 13,756,546.30
4. Total (Lines 1 thru 3) 13,949,070.31
C. Ending Balance (Lines A - B) 131,745,493.78
VII. Automobiles Receivables Balance Summary
A. Beginning Balance 145,694,564.09
B. Automobile Receivable Monthly Principal
1. Defaulted Receivables 90,176.91
2. Others 13,858,893.40
3. Total (Lines 1 thru 2) 13,949,070.31
C. Ending Balance 131,745,493.78
VIII. Automobiles Tally Summary
A. Beginning Number of Receivables 32,150
B. Additions 0
C. Deductions
1. Repurchased Receivables 14
2. Defaulted Receivables 16
3. Matured Receivables 1,189
4. Total (Lines 1 thru 3) 1,219
D. Ending Number of Receivables 30,931
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 12 of 13
Chase Manhattan Grantor Trust 1996-A
August 16, 1999
MONTHLY BALANCE REPORT
<TABLE>
<S> <C> <C>
IX. Cash Collateral Loan Summary
A. Beginning Balance 0.00
B. Repayment of Loan 0.00
C. Ending Balance 0.00
[X] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
