1 FIFTH THIRD BANK AUTO RECEIVABLES TRUST 1996-B EXHIBIT 20 Monthly Statement to Certificateholders Servicer: Fifth Third Bank Trustee: Harris Trust and Savings Bank Collection Period: 1-May-99 31-May-99 Distribution Date: 15-Jun-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 $ 4,667,526.58 $12.15995997 Class B Certificate Amount $ 351,319.21 $12.15974007 (ii) Interest Distribution Class A Certificate Amount $ 312,553.30 $ 0.81427187 Class B Certificate Amount $ 24,440.28 $ 0.84591859 (iii) Servicing Fee $ 52,105.68 $ 0.12624460 (iv) Class A Certificate Balance (after principal distributions) $ 53,481,924.04 Class A Pool Factor (after principal distributions) 0.1393325 Class B Certificate Balance (after principal distributions) $ 4,026,044.09 Class B Pool Factor (after principal distributions) 0.1393481 (v) Total Pool Balance (end of Collection Period) $ 57,507,968.13 Current Period Cumulative ----------------- --------------- (vi) Defaulted Receivables $ 120,001.47 $8,270,579.43 Liquidation Proceeds 154,747.38 4,473,330.24 ----------------- --------------- Aggregate Net Losses $ (34,745.91) $3,797,249.19 ================= =============== (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