1 EXHIBIT 20 FIFTH THIRD BANK AUTO RECEIVABLES TRUST 1996-B Monthly Statement to Certificateholders Servicer: The Fifth Third Bank Trustee: Harris Trust and Savings Bank Collection Period: 1-Dec-98 31-Dec-98 Distribution Date: 15-Jan-99 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 $ 6,491,454.94 $ 16.91170492 Class B Certificate Amount $ 488,604.14 $ 16.91139900 (ii) Interest Distribution Class A Certificate Amount $ 471,383.48 $ 1.22806033 Class B Certificate Amount $ 36,858.61 $ 1.27573757 (iii) Servicing Fee $ 78,584.00 $ 0.19039778 (iv) Class A Certificate Balance (after principal distributions) $ 81,207,797.28 Class A Pool Factor (after principal distributions) 0.2115646 Class B Certificate Balance (after principal distributions) $ 6,112,937.77 Class B Pool Factor (after principal distributions) 0.2115789 (v) Total Pool Balance (end of Collection Period) $ 87,320,735.05 Current Period Cumulative --------------- -------------- (vi) Defaulted Receivables $ 198,900.81 $ 7,516,528.97 Liquidation Proceeds 121,971.55 3,585,853.97 =============== ============== Aggregate Net Losses $ 76,929.26 $ 3,930,675.00 =============== ============== (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) $ 6,191,038.65 (x) Specified Reserve Account Balance (after giving effect to payments made on the Distribution Date) $ 6,191,038.65