<PAGE> 1
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: November 17, 1997
-----------------
CAPITAL ONE MASTER TRUST
CAPITAL ONE BANK
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
Virginia 0-25762 54-1719855
- ---------------------------------- ---------------- -------------------
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
11013 West Broad Street Road, Glen Allen, Virginia 23060
- -------------------------------------------------- ----------------
(Address of principal executive offices) (Zip Code)
</TABLE>
(Registrant's telephone number, including area code):
(804) 967-1000
(Former name or former address, if changed since last report):
Not Applicable
Page 1 of 34
<PAGE> 2
ITEM 5. OTHER EVENTS.
The October 1997 monthly Certificateholders Statements to
investors were distributed November 17, 1997.
ITEM 7 (c). EXHIBITS
The following are filed as exhibits to this Report under
Exhibit 20:
1. October Performance Summary
2. Series 1993-1 Class A and Class B Certificateholder's
Statements for the month of October 1997.
3. Series 1993-4 Class A and Class B Certificateholder's
Statements for the month of October 1997.
4. Series 1994-3 Class A and Class B Certificateholder's
Statements for the month of October 1997.
5. Series 1994-A Certificateholders' Statement for the
month of October 1997.
6. Series 1995-1 Class A and Class B Certificateholder's
Statements for the month of October 1997.
7. Series 1995-2 Class A and Class B Certificateholder's
Statements for the month of October 1997.
8. Series 1995-3 Class A and Class B Certificateholder's
Statements for the month of October 1997.
9. Series 1995-4 Class A and Class B Certificateholder's
Statements for the month of October 1997.
10. Series 1996-1 Class A and Class B Certificateholder's
Statements for the month of October 1997.
11. Series 1996-2 Class A and Class B Certificateholder's
Statements for the month of October 1997.
12. Series 1996-3 Class A and Class B Certificateholder's
Statements for the month of October 1997.
13. Series 1997-1 Class A and Class B Certificateholder's
Statements for the month of October 1997.
14. Series 1997-2 Class A and Class B Certificateholder's
Statements for the month of October 1997.
Page 2 of 34
<PAGE> 3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned there-unto duly authorized.
CAPITAL ONE MASTER TRUST
By: CAPITAL ONE BANK
Servicer
By: /s/ David M. Willey
------------------------------
David M. Willey
Vice President
Date: November 17, 1997
Page 3 of 34
<PAGE> 4
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------------------
EXHIBITS
TO
FORM 8-K
CAPITAL ONE MASTER TRUST
CAPITAL ONE BANK
(Exact name of registrant as specified in its charter)
Page 4 of 34
<PAGE> 5
INDEX TO EXHIBITS
<TABLE>
<CAPTION>
SEQUENTIALLY
EXHIBIT NUMBERED
NUMBER EXHIBITS PAGE
- ------ -------- ------------------
<S> <C> <C>
1 October Performance Summary 07
2 Series 1993-1 Class A and Class B Certificate-
holder's Statements for the month of October 1997 09
3 Series 1993-4 Class A and Class B Certificate-
holder's Statements for the month of October 1997 11
4 Series 1994-3 Class A and Class B Certificate-
holder's Statements for the month of October 1997 13
5 Series 1994-A Certificateholder's Statement for
the month of October 1997 15
6 Series 1995-1 Class A and Class B Certificate-
holder's Statements for the month of October 1997 16
7 Series 1995-2 Class A and Class B Certificate-
holder's Statements for the month of October 1997 18
8 Series 1995-3 Class A and Class B Certificate-
holder's Statements for the month of October 1997 20
9 Series 1995-4 Class A and Class B Certificate-
holder's Statements for the month of October 1997 22
10 Series 1996-1 Class A and Class B Certificate-
holder's Statements for the month of October 1997 24
11 Series 1996-2 Class A and Class B Certificate-
holder's Statements for the month of October 1997 26
</TABLE>
Page 5 of 34
<PAGE> 6
<TABLE>
<S> <C> <C>
12 Series 1996-3 Class A and Class B Certificate-
holder's Statements for the month of October 1997 28
13 Series 1997-1 Class A and Class B Certificate-
holder's Statements for the month of October 1997 30
14 Series 1997-2 Class A and Class B Certificate-
holder's Statements for the month of October 1997 32
</TABLE>
Page 6 of 34
<PAGE> 7
<TABLE>
<S> <C>
CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : OCTOBER 1997
Beginning of the Month Principal Receivables : 10,070,170,299.20
--------------------
Beginning of the Month Finance Charge Receivables : 314,949,421.96
---------------------
Beginning of the Month Discounted Receivables : 0.00
--------------------
Beginning of the Month Total Receivables : 10,385,119,721.16
--------------------
Removed Principal Receivables : 0.00
--------------------
Removed Finance Charge Receivables : 0.00
--------------------
Removed Total Receivables : 0.00
--------------------
Additional Principal Receivables : 352,636,584.06
--------------------
Additional Finance Charge Receivables : 1,177,584.65
--------------------
Additional Total Receivables : 353,814,168.71
--------------------
Discounted Receivables Generated this Period 0.00
--------------------
End of the Month Principal Receivables : 9,741,174,870.28
--------------------
End of the Month Finance Charge Receivables : 325,112,913.64
--------------------
End of the Month Discounted Receivables : 0.00
--------------------
End of the Month Total Receivables : 10,066,287,783.92
--------------------
Excess Funding Account Balance 0.00
--------------------
Adjusted Invested Amount of all Master Trust Series 9,048,986,325.08
--------------------
End of the Month Seller Percentage 7.105801%
--------------------
<CAPTION>
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : OCTOBER 1997 ACCOUNTS RECEIVABLES
-------- -----------
<S> <C> <C>
End of the Month Delinquencies :
30 - 59 Days Delinquent 132,340 226,834,616.37
----------------- ----------------
60 - 89 Days Delinquent 79,600 141,284,036.53
----------------- ----------------
90 + Days Delinquent 182,873 335,397,235.98
----------------- ----------------
Total 30 + Days Delinquent 394,813 703,515,888.88
----------------- ----------------
Delinquencies 30 + Days as a Percent of End of the
Month Total Receivables 6.99%
----------------
Defaulted Accounts During the Month 40,689 61,901,294.83
----------------- ----------------
Annualized Default Rate as a Percent of Beginning of the Month
Principal Receivables 7.38%
----------------
</TABLE>
Page 7 of 34
<PAGE> 8
<TABLE>
<CAPTION>
CAPITAL ONE MASTER TRUST (COLLECTIONS)
MONTHLY PERIOD : OCTOBER 1997 COLLECTIONS PERCENTAGES
----------- -----------
<S> <C> <C>
Total Collections and Gross Payment Rate 1,090,800,458.14 10.50%
----------------- ----------------
Collections of Principal Receivables and Principal Payment Rate 910,850,070.65 9.05%
----------------- ----------------
Prior Month Billed Finance Charge and Fees 159,026,235.57
-----------------
Amortized AMF Income 9,951,623.83
-----------------
Interchange Collected 6,453,085.36
-----------------
Recoveries of Charged Off Accounts 6,601,996.33
-----------------
Collections of Discounted Receivables 0.00
-----------------
Collections of Finance Charge Receivables and Annualized Yield 182,032,941.09 21.69%
----------------- ----------------
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : OCTOBER 1997
Beginning Unamortized AMF Balance 55,002,149.62
----------------
+ AMF Slug for Added Accounts 39,832.57
-----------------
+ AMF Collections 7,869,070.23
-----------------
- Amortized AMF Income 9,951,623.83
-----------------
Ending Unamortized AMF Balance 52,959,428.59
----------------
CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES)
MONTHLY PERIOD : October 1997
Gross Principal Payment Rate 9.05%
-----------------
May 17, 1994 3% Discount of Addition 50,184,973.92
----------------
Total Discounted Receivables Collections as of Beginning of Month 50,184,973.92
-----------------
Collections of Discounted Receivables Current Month 0.00
-----------------
Discounted Receivables to be Collected 0.00
----------------
</TABLE>
/s/ John Schmohl
---------------------------
John Schmohl
Director of External
Reporting
Page 8 of 34
<PAGE> 9
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1993-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 4.3333333333
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 4.3333333333
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the
amount of each Series 1993-1 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 4.5000000000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 4.5000000000
------------------
</TABLE>
Page 9 of 34
<PAGE> 10
<TABLE>
<S> <C>
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro
rata, the amount of each Series 1993-1 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
</TABLE>
CAPITAL ONE BANK
as Servicer
By : /s/ John Schmohl
------------------------------
Name : John Schmohl
Title : Director of External
Reporting
Page 10 of 34
<PAGE> 11
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1993-4
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.3854166667
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 5.3854166667
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1993-4 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 4.8333332967
------------------
</TABLE>
Page 11 of 34
<PAGE> 12
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 4.8333332967
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro
rata, the amount of each Series 1993-4 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
</TABLE>
CAPITAL ONE BANK
as Servicer
By : /s/ John Schmohl
--------------------------
Name : John Schmohl
Title : Director of External
Reporting
Page 12 of 34
<PAGE> 13
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1994-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.3395833287
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 5.3395833287
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1994-3 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 6.1250001228
------------------
</TABLE>
Page 13 of 34
<PAGE> 14
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 6.1250001228
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1994-3 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from
the Collateral Account) was equal to 54,303,682
------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the
Collateral Account and payments to the Collateral Indebtedness Holder
on such Distribution Date, will be equal to 54,303,682
------------------
</TABLE>
Page 14 of 34
<PAGE> 15
MONTHLY CERTIFICATEHOLDERS STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1994-A
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank, as Seller and Servicer (the
"Bank"), and the Bank of New York, as trustee (the "Trustee") and pursuant to
the Amended and Restated Series 1994-A Supplement dated as of November 17, 1994
and amended and restated as of October 31, 1997 among the Bank, the Trustee and
Union Bank of Switzerland, New York Branch, as servicing agent, the Bank as
Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts
<TABLE>
<S> <C>
1) The total amount of the distribution to Series 1994-A
Certificateholders on the Payment Date is 5.3299133300
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of principal on the Series 1994-A Certificate is 0.0000000000
------------------
3) The amount of the distribution set forth in paragrah 1 above in
respect of interest on the Series 1994-A Certificates 5.3299133300
------------------
4) The total amount of the distribution to Collateral Indebtedness Holder
on the Payment Date is 0.0000000000
------------------
5) The amount of the distribution set forth in 4 above in respect to
principal on the Collateral Indebtedness Interest is 0.0000000000
------------------
6) The amount of the distributioin set forth in 4 above in respect to
interest on the Collateral Indebtedness Interest is 0.0000000000
------------------
</TABLE>
Page 15 of 34
<PAGE> 16
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.3304166667
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 5.3304166667
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the
amount of each Series 1995-1 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4312500000
------------------
</TABLE>
Page 16 of 34
<PAGE> 17
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 5.4312500000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1995-1 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from
the Collateral Account) was equal to 99,000,000
------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such
Distribution Date, will be equal to 99,000,000
------------------
</TABLE>
Page 17 of 34
<PAGE> 18
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.2570833333
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 5.2570833333
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 52.5708333333
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 52.5708333333
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 525.7083333333
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 525.7083333333
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
</TABLE>
Page 18 of 34
<PAGE> 19
<TABLE>
<S> <C>
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the
amount of each Series 1995-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.3579167179
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 5.3579167179
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's
0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the
amount of each Series 1995-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
G) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 26,250,000
------------------
H) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such
Distribution Date, will be equal to 26,250,000
------------------
</TABLE>
Page 19 of 34
<PAGE> 20
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.2937500000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 5.2937500000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1995-3 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.3945833700
------------------
</TABLE>
Page 20 of 34
<PAGE> 21
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 5.3945833700
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1995-3 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after
giving effect to all transactions on such Distribution Date 0.00
------------------
E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from
the Collateral Account) was equal to 73,500,000
------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the Collateral
Account and payments to the Collateral Indebtedness Holder on such
Distribution Date, will be equal to 73,500,000
------------------
</TABLE>
Page 21 of 34
<PAGE> 22
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1995-4
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 0.0000000000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000
Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1995-4 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.3395833846
------------------
</TABLE>
Page 22 of 34
<PAGE> 23
<TABLE>
<S> <C>
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000
Original Principal Amount. 5.3395833846
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000
Original Principal Amount. 0.0000000000
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1995-4 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving
effect to all transactions on such Distribution Date 0.00
------------------
E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 48,877,500
------------------
F) The Required Collateral Amount as of the close of business on such
Distribution Date, after giving effect to any withdrawal from the
Collateral Account and payments to the Collateral Indebtedness
Holder on such Distribution Date, will be equal to 46,996,425
------------------
</TABLE>
Page 23 of 34
<PAGE> 24
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 15.3272222189
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 15.3272222189
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original Principal Amount
0.0000000000
------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $10,000 Original Principal Amount 153.2722221893
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 153.2722221893
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $100,000 Original Principal Amount 1,532.7222218935
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 1,532.7222218935
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
</TABLE>
Page 24 of 34
<PAGE> 25
<TABLE>
<S> <C>
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro
rata, the amount of each Series 1996-1 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving
effect to all transactions on such Distribution Date 0.0000000000
------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4037500228
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original Principal Amount. 5.4037500228
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1996-1 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all 0.0000000000
transactions on such Distribution Date ------------------
G) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 59,150,000
------------------
H) The Required Collateral Amount as of the close of business on such Distribution Date, after
giving effect to any withdrawal from the Collateral Account and payments to the Collateral
Indebtedness Holder on such Distribution Date, will be equal to 59,150,000
------------------
</TABLE>
Page 25 of 34
<PAGE> 26
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information which
is required to be prepared with respect to the Distribution Date of November 17,
1997, and with respect to the performance of the Trust during the month October,
1997 is set forth below. Certain of the information is presented on the basis of
an original principal amount of $1,000 per investor Certificate (a
"Certificate"). Certain other information is presented based on the aggregate
amounts for the Trust as a whole. Capitalized terms used in this Certificate
have their respective meanings set forth in the Pooling and Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.2479166667
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original
Principal Amount 5.2479166667
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original
Principal Amount 0.0000000000
------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $10,000 Original Principal Amount 52.4791666667
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 52.4791666667
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.00
------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $100,000 Original Principal Amount 524.7916666667
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 524.7916666667
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
</TABLE>
Page 26 of 34
<PAGE> 27
<TABLE>
<S> <C>
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1996-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4587500606
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original Principal Amount. 5.4587500606
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.00
------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B 0.00
Investor Charge Off's ------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1996-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
------------------
G) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the Collateral
Account) was equal to 67,500,000
------------------
H) The Required Collateral Amount as of the close of business on such Distribution Date, after
giving effect to any withdrawal from the Collateral Account and payments to the Collateral
Indebtedness Holder on such Distribution Date, will be equal to
67,500,000
------------------
</TABLE>
Page 27 of 34
<PAGE> 28
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1996-3
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 5.2662500000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 5.2662500000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
------------------
B) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.00
------------------
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
------------------
C) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4862500000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original Principal Amount. 5.4862500000
------------------
</TABLE>
Page 28 of 34
<PAGE> 29
<TABLE>
<S> <C>
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.00
------------------
D) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.00
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.00
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1996-3 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.00
------------------
E) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the Collateral Account)
was equal to 45,000,000
------------------
F) The Required Collateral Amount as of the close of business on such Distribution Date, after
giving effect to any withdrawal from the Collateral Account and payments to the Collateral
Indebtedness Holder on such Distribution Date, will be equal to 45,000,000
------------------
</TABLE>
Page 29 of 34
<PAGE> 30
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1997-1
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 0.0000000000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $10,000 Original Principal Amount 0.0000000000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 0.0000000000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $100,000 Original Principal Amount 0.0000000000
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 0.0000000000
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
------------------
</TABLE>
Page 30 of 34
<PAGE> 31
<TABLE>
<S> <C>
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount of
each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4312500701
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original
Principal Amount. 5.4312500701
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original Principal Amount. 0.0000000000
------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata,
the amount of each Series 1997-1 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
------------------
G) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the
Collateral Account) was equal to 54,744,750
------------------
H) The Required Collateral Amount as of the close of business on such Distribution Date, after
giving effect to any withdrawal from the Collateral Account and payments to the Collateral
Indebtedness Holder on such Distribution Date, will be equal to 54,744,750
------------------
</TABLE>
Page 31 of 34
<PAGE> 32
FORM OF MONTHLY STATEMENT
CAPITAL ONE MASTER TRUST
SERIES 1997-2
Pursuant to the Master Pooling and Servicing Agreement dated as of
September 30, 1993 (hereinafter as such agreement may have been or may be from
time to time, supplemented, amended or otherwise modified, the "Pooling and
Servicing Agreement"), between Capital One Bank (as successor to Signet
Bank/Virginia), and The Bank of New York, as trustee (the "Trustee"), Capital
One as Servicer is required to prepare certain information each month regarding
current distributions to Certificateholders and the performance of the Capital
One Master Trust (the "Trust") during the previous month. The information
which is required to be prepared with respect to the Distribution Date of
November 17, 1997, and with respect to the performance of the Trust during the
month October, 1997 is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per investor
Certificate (a "Certificate"). Certain other information is presented based on
the aggregate amounts for the Trust as a whole. Capitalized terms used in this
Certificate have their respective meanings set forth in the Pooling and
Servicing Agreement.
<TABLE>
<S> <C>
A) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount 14.6388413769
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates, per $1,000 Original Principal Amount 14.6388413769
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates, per $1,000 Original Principal Amount 0.0000000000
------------------
B) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $10,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $10,000 Original Principal Amount 146.3884137690
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 146.3884137690
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
C) Information Regarding Distributions to the Class A Certificateholders
(Stated on the Basis of $100,000 Original Principal Amount)
1) The total amount of the distribution to Class A Certificateholders on
November 17, 1997 per $100,000 Original Principal Amount 1,463.8841376900
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class A Certificates 1,463.8841376900
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class A Certificates 0.0000000000
------------------
D) Class A Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class A Investor Charge Off's 0.0000000000
------------------
</TABLE>
Page 32 of 34
<PAGE> 33
<TABLE>
<S> <C>
2) The amount of Class A Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class A
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the
amount of each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class A Certificates exceeds the Class A Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
------------------
E) Information Regarding Distributions to the Class B Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class B Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.4312499915
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class B Certificates, per $1,000 Original
Principal Amount. 5.4312499915
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class B Certificates, per $1,000 Original
Principal Amount. 0.0000000000
------------------
F) Class B Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class B Investor Charge Off's 0.0000000000
------------------
2) The amount of Class B Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class B
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1997-2 Investor Certificateholder's Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class B Certificates exceeds the Class B Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
------------------
G) Information Regarding Distributions to the Class C Certificateholders
(Stated on the Basis of $1,000 Original Principal Amount)
1) The total amount of the distribution to Class C Certificateholders on
November 17, 1997 per $1,000 Original Principal Amount. 5.6375000622
------------------
2) The amount of the distribution set forth in paragraph 1 above in
respect of interest on the Class C Certificates, per $1,000 Original Principal Amount. 5.6375000622
------------------
3) The amount of the distribution set forth in paragraph 1 above in
respect of principal of the Class C Certificates, per $1,000 Original Principal Amount. 0.0000000000
------------------
</TABLE>
Page 33 of 34
<PAGE> 34
<TABLE>
<S> <C>
H) Class C Investor Charge Off's and Reimbursement of Charge Off's
1) The amount of Class C Investor Charge Off's 0.0000000000
------------------
2) The amount of Class C Investor Charge Off's set forth in paragraph 1
above, per $1,000 Original Principal Amount 0.0000000000
------------------
3) The total amount of reimbursed to the Trust in respect of Class C
Investor Charge Off's 0.0000000000
------------------
4) The amount set forth in paragraph 3 above, per $1,000 Original
Principal Amount (which will have the effect of increasing, pro rata, the amount
of each Series 1997-2 Investor Certificateholder's
Investment) 0.0000000000
------------------
5) The amount, if any, by which the outstanding principal balance of the
Class C Certificates exceeds the Class C Invested Amount after giving effect to all
transactions on such Distribution Date 0.0000000000
------------------
G) The Available Collateral Amount as of the close of business on the
preceding Distribution Date (after giving effect to any withdrawal from the Collateral
Account) was equal to 45,199,125
------------------
H) The Required Collateral Amount as of the close of business on the upcoming Distribution
Date, after giving effect to any withdrawal from the Collateral Account and payments to the Class C
Interest Holder on such Distribution Date, will be equal to 45,199,125
------------------
</TABLE>
Page 34 of 34
