Exhibit 20.1
CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : May 2003
Beginning of the Month Principal Receivables : |
| 27,356,673,468.68 |
|
Beginning of the Month Finance Charge Receivables : |
| 804,646,794.89 |
|
Beginning of the Month Discounted Receivables : |
| 0.00 |
|
Beginning of the Month Total Receivables : |
| 28,161,320,263.57 |
|
|
|
|
|
Removed Principal Receivables : |
| 0.00 |
|
Removed Finance Charge Receivables : |
| 0.00 |
|
Removed Total Receivables : |
| 0.00 |
|
|
|
|
|
Additional Principal Receivables : |
| 347,376,837.49 |
|
Additional Finance Charge Receivables : |
| 12,384,000.40 |
|
Additional Total Receivables : |
| 359,760,837.89 |
|
|
|
|
|
Discounted Receivables Generated this Period |
| 0.00 |
|
|
|
|
|
End of the Month Principal Receivables : |
| 27,420,965,567.45 |
|
End of the Month Finance Charge Receivables : |
| 808,035,182.08 |
|
End of the Month Discounted Receivables : |
| 0.00 |
|
End of the Month Total Receivables : |
| 28,229,000,749.53 |
|
|
|
|
|
Excess Funding Account Balance |
| 0.00 |
|
Adjusted Invested Amount of all Master Trust Series |
| 24,547,693,358.49 |
|
|
|
|
|
End of the Month Seller Percentage |
| 10.48 | % |
CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES) |
|
|
|
|
|
MONTHLY PERIOD : May 2003 |
| ACCOUNTS |
| RECEIVABLES |
|
|
|
|
|
|
|
End of the Month Delinquencies : |
|
|
|
|
|
30 - 59 Days Delinquent |
| 357,058.00 |
| 438,569,307.05 |
|
60 - 89 Days Delinquent |
| 213,448.00 |
| 289,882,676.47 |
|
90 + Days Delinquent |
| 439,886.00 |
| 650,214,639.49 |
|
|
|
|
|
|
|
Total 30 + Days Delinquent |
| 1,010,392.00 |
| 1,378,666,623.01 |
|
|
|
|
|
|
|
Delinquencies 30 + Days as a Percent of End of the Month Total Receivables |
|
|
| 4.88 | % |
|
|
|
|
|
|
Defaulted Accounts During the Month |
| 173,905.00 |
| 169,101,129.67 |
|
|
|
|
|
|
|
Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables |
|
|
| 7.32 | % |
* See note on last page of the report
Page 7 of 57
CAPITAL ONE MASTER TRUST (COLLECTIONS) |
|
|
|
|
|
MONTHLY PERIOD : May 2003 |
| COLLECTIONS |
| PERCENTAGES |
|
|
|
|
|
|
|
Total Collections and Gross Payment Rate |
| 5,044,446,506.14 |
| 17.69 | % |
|
|
|
|
|
|
Collections of Principal Receivables and Principal Payment Rate |
| 4,564,337,838.85 |
| 16.48 | % |
|
|
|
|
|
|
Prior Month Billed Finance Charge and Fees |
| 347,797,106.00 |
|
|
|
Amortized AMF Income |
| 27,134,009.72 |
|
|
|
Interchange Collected |
| 60,574,550.57 |
|
|
|
Recoveries of Charged Off Accounts |
| 46,237,932.00 |
|
|
|
Collections of Discounted Receivables |
| 0.00 |
|
|
|
|
|
|
|
|
|
Collections of Finance Charge Receivables and Annualized Yield |
| 481,743,598.29 |
| 20.87 | % |
CAPITAL ONE MASTER TRUST (AMF COLLECTIONS) |
|
|
|
|
|
MONTHLY PERIOD : May 2003 |
|
|
|
|
|
|
|
|
|
|
|
Beginning Unamortized AMF Balance |
|
|
| 137,031,629.27 |
|
+ AMF Slug for Added Accounts |
| 2,720,345.08 |
|
|
|
+ AMF Collections |
| 25,499,078.72 |
|
|
|
- Amortized AMF Income |
| 27,134,009.72 |
|
|
|
Ending Unamortized AMF Balance |
|
|
| 138,117,043.35 |
|
* For calculation purposes Beginning of Month Principal Receivables includes Additional Principal Receivables.
Page 8 of 57