1 FIFTH THIRD BANK AUTO RECEIVABLES TRUST 1996-B EXHIBIT 20 Monthly Statement to Certificateholders Servicer: The Fifth Third Bank Trustee: Harris Trust and Savings Bank Collection Period: 1-Dec-97 31-Dec-97 Distribution Date: 15-Jan-98 Per $1,000 of Original Statement for Class A and Class B Certificateholders Pursuant Class A/Class B to Section 4.7 of the Pooling and Servicing Agreement Certificate Amount ------------------ (i) Principal Distribution Class A Certificate Amount $ 9,750,838.76 $25.40313526 Class B Certificate Amount $ 733,934.10 $25.40267548 (ii) Interest Distribution Class A Certificate Amount $ 1,031,593.59 $2.68753408 Class B Certificate Amount $ 80,659.32 $2.79175273 (iii) Servicing Fee $ 171,975.69 $0.41667247 (iv) Class A Certificate Balance (after principal distributions) $182,173,549.74 Class A Pool Factor (after principal distributions) 0.4746032 Class B Certificate Balance (after principal distributions) $ 13,712,510.54 Class B Pool Factor (after principal distributions) 0.4746127 (v) Total Pool Balance (end of Collection Period) $195,886,060.30 Current Period Cumulative --------------- ------------- (vi) Defaulted Receivables $ 345,139.87 $4,658,892.90 Liquidation Proceeds 178,585.00 1,763,433.92 --------------- ------------- Aggregate Net Losses $ 166,554.87 $2,895,458.98 =============== ============= (vii) Aggregate Principal Balance of Receivables Repurchased by Seller or Servicer: Principal Portion $ - Interest Portion $ - (viii) Class A Interest Carryover Shortfall $ - Class B Interest Carryover Shortfall $ - Class A Principal Carryover Shortfall $ - Class B Principal Carryover Shortfall $ - (ix) Reserve Account Balance (after giving effect to payments made on the Distribution Date) $ 9,794,303.02 (x) Specified Reserve Account Balance (after giving effect to payments made on the Distribution Date) $ 9,794,303.02