Exhibit 28.2
MONTHLY SERIES 1995-1 CERTIFICATEHOLDERS' STATEMENT
THE FIRST NATIONAL BANK OF ATLANTA
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WACHOVIA CREDIT CARD MASTER TRUST
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Listed below is the information which is required to be prepared with
respect to the distribution date of November 15, 1999 and with respect to the
performance of the Trust during the related Monthly period.
Capitalized terms used in this Statement have their respective meanings
set forth in the Pooling and Servicing Agreement.
D. Information Regarding the Current Monthly Distribution (Stated on the
Basis of $1,000 Original Certificate Principal Amount)
1. The amount of the current monthly
distribution in respect of Class A
Monthly Principal $0.00
2. The amount of the currently monthly
distribution in respect of Class B
Monthly Principal $0.00
3. The amount of the currently monthly
distribution in respect of Collateral
Monthly Principal $0.00
4. The amount of the currently monthly
distribution in respect of Class A
Monthly Interest $4.80
5. The amount of the currently monthly
distribution in respect of Class A
Deficiency Amounts $0.00
6. The amount of the currently monthly
distribution in respect of
Class A Additional Interest $0.00
7. The amount of the currently monthly
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distribution in respect of Class B
Monthly Interest $4.89
8. The amount of the currently monthly
distribution in respect of
Class B Deficiency Amounts $0.00
9. The amount of the currently monthly distribution
in respect of Class B Additional Interest $0.00
10. The amount of the currently monthly distribution
in respect of Collateral Monthly Interest $5.00
11. The amount of the currently monthly distribution
in respect of any accrued and unpaid Collateral
Monthly Interest $0.00
E. Information Regarding the Performance of the Trust
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1. Collection of Principal Receivables
(a) The aggregate amount of Collections of
Principal Receivables processed during
the related Monthly Period which were
allocated in respect of the Class A
Certificates $44,369,850.52
(b) The aggregate amount of Collections of
Principal Receivables processed during
the related Monthly Period which were
allocated in respect of the Class B
Certificates $2,609,991.21
(c) The aggregate amount of Collections of
Principal Receivables processed during
the related Monthly Period
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which are allocated in respect of
the Collateral Interest $2,734,276.50
2. Principal Receivables in the Trust
(a) The aggregate amount of
Principal Receivables in the
Trust as of the end of the
day on the last day of the
related Monthly Period $2,632,731,461.66
(b) The amount of Principal Receivables
in the Trust represented by the
Investor Interest of Series 1995-1 as
of the end of the day on the last day
of the related Monthly Period $500,000,000.00
(c) The amount of Principal Receivables
in the Trust represented by the Series
1995-1 Adjusted Investor Interest as of
the end of the day on the last day of
the related Monthly Period $500,000,000.00
(d) The amount of Principal Receivables in
the Trust represented by the Class A
Investor Interest as of the end of the
day on the last day of the related
Monthly Period $446,250,000.00
(e) The amount of Principal Receivables
in the Trust represented by the Class A
Adjusted Investor Interest as of the
end of day on the last day of the
related Monthly Period $446,250,000.00
(f) The amount of Principal Receivables
in the Trust represented by the Class B
Investor Interest as of the end of the
day on the last day of the related
Monthly Period $26,250,000.00
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(g) The amount of Principal Receivables
in the Trust represented by the
Collateral Interest as of the end of
the date on the last day of the
related Monthly Period $27,500,000.00
(h) The Floating Investor Percentage with
respect to the related Monthly Period 18.7835%
(i) The Class A Floating Allocation with
respect to the related Monthly Period 89.2500%
(j) The Class B Floating Allocation with
respect to the related Monthly Period 5.2500%
(k) The Collateral Floating Allocation with
respect to the related Monthly Period 5.5000%
(l) The Fixed Investor Percentage with
respect to the related Monthly Period 18.7835%
(m) The Class A Fixed Allocation with
respect to the related Monthly Period 89.2500%
(n) The Class B Fixed Allocation with
respect to the related Monthly Period 5.2500%
(o) The Collateral Fixed Allocation with
respect to the related Monthly Period 5.5000%
3. Delinquent Balances
The aggregate amount of outstanding balances in the Accounts
which were delinquent as of the end of the day on the last day
of the related Monthly Period:
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Aggregate Percentage
Account of Total
Balance Receivables
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(a) 30 - 59 days: $29,765,924.44 1.1163%
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(b) 60 - 89 days: $17,354,057.78 0.6508%
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(c) 90 - or more days: $28,302,186.09 1.0614%
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Total: $75,422,168.31 2.8286%
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4. Investor Default Amount
(a) The Aggregate Investor Default
Amount for the related Monthly
Period $1,813,638.41
(b) The Class A Investor Default
Amount for the related Monthly
Period $1,618,672.28
(c) The Class B Investor Default
Amount for the related Monthly
Period $95,216.02
(d) The Collateral Default Amount
for the related Monthly Period $99,750.11
5. Investor Charge Offs
(a) The aggregate amount of
Class A Investor Charge-Offs
for the related Monthly Period $0.00
(b) The aggregate amount of Class A
Investor Charge-Offs set forth in
5 (a) above per $1,000 of original
Certificate principal amount $0.00
(c) The aggregate amount of Class B
Investor Charge-Offs for the
related Monthly Period $0.00
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(d) The aggregate amount of Class B
Investor Charge-Offs set forth in
5 (c) above per $1,000 of original
certificate principal amount $0.00
(e) The aggregate amount of
Collateral Charge-Offs for the
related Monthly Period $0.00
(f) The aggregate amount of Collateral
Charge-Offs set forth in 5 (e)
above per $1,000 of original certificate
principal amount $0.00
(g) The aggregate amount of Class A
Investor Charge-Offs reimbursed on
the Transfer Date immediately preceding
this Distribution Date $0.00
(h) The aggregate amount of Class A
Investor Charge-Offs set forth in 5 (g)
above per $1,000 original certificate
principal amount reimbursed on the
Transfer Date immediately preceding
this Distribution Date $0.00
(i) The aggregate amount of Class B
Investor Charge-Offs reimbursed on the
Transfer Date immediately preceding
this Distribution Date $0.00
(j) The aggregate amount of Class B Investor
Charge-Offs set forth in 5 (i) above
per $1,000 original certificate
principal amount reimbursed on the
Transfer Date immediately preceding
this Distribution Date $0.00
(k) The aggregate amount of Collateral
Charge-Offs reimbursed on the Transfer
Date immediately preceding this
Distribution Date $0.00
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(l) The aggregate amount of Collateral
Charge-Offs set forth in 5(k) above
per $1,000 original certificate principal
amount reimbursed on the Transfer Date
immediately preceding Distribution Date $0.00
6. Investor Servicing Fee
(a) The amount of the Class A
Servicing Fee payable by the
Trust to the Servicer for
the related Monthly Period $371,875.00
(b) The amount of the Class B Servicing Fee
payable by the Trust to the Servicer for
the related Monthly Period $21,875.00
(c) The amount of the Collateral Interest
Servicing Fee payable by the Trust to the
Servicer for the related Monthly Period $22,916.67
7. Reallocations
(a) The amount of Reallocated Collateral
Principal Collections with respect to
this Distribution Date $0.00
(b) The amount of Reallocated Class B
Principal Collections with respect to
this Distribution Date $0.00
(c) The Collateral Interest as of the close
of business on this Distribution Date $27,500,000.00
(d) The Class B Investor Interest as
of the close of business on this
Distribution Date $26,250,000.00
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8. Collection of Finance Charge Receivables
(a) The aggregate amount of Collections
of Finance Charge Receivables processed
during the related Monthly Period which
were allocated in respect of the Class A
Certificate $5,881,017.56
(b) The aggregate amount of Collections
of Finance Charge Receivables processed
during the related Monthly Period which
were allocated in respect of the Class B
Certificates $345,942.21
(c) The aggregate amount of Collections of
Finance Charge Receivables processed
during the related Monthly Period which
were allocated in respect of the
Collateral Interest $362,415.65
9. Principal Funding Amount
(a) The principal amount on deposit in
the Principal Funding Account on the
related Transfer Date $0.00
(b) The Accumulation Shortfall with
respect to the related Monthly Period $0.00
(c) The Principal Funding Investment
Proceeds deposited in the Finance
Charge Account on the related
Transfer Date $0.00
(d) The amount of all or the portion of
the Reserve Draw Amount deposited in
the Finance Charge Account on the
related Transfer Date from the
Reserve Account $0.00
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10. Reserve Draw Amount $0.00
11. Cash Collateral Account
(a) The principal amount on deposit in
the Cash Collateral Account on the
related Transfer Date (before giving
effect to any deposits or withdrawals $10,000,000.00
(b) The Required Draw Amount on
the related Transfer Date $0.00
(c) The principal amount on deposit in the
Cash Collateral Account on the related
Transfer Date (after giving effect
to any deposits or withdrawals) $10,000,000.00
(d) The Required Cash Collateral Amount
(after giving effect to any deposits,
withdrawals, or payments) $10,000,000.00
12. Available Funds
(a) The amount of Class A Available Funds
on deposit in the Finance Charge Account
on the related Transfer Date $5,881,017.56
(b) The amount of Class B Available Funds
on deposit in the Finance Charge
Account on the related Transfer Date $345,942.21
(c) The amount of Collateral Available
Funds on deposit in the Finance
Charge Account on the related
Transfer Date $362,415.65
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13. Portfolio Yield
(a) The Portfolio Yield for the
related Monthly Period 12.4618%
(b) The Portfolio Adjusted Yield
for the related Monthly Period 5.5759%
F. Floating Rate Determinations
1. LIBOR for the interest Period ending on
this Distribution Date 5.40625%
10/15/99-11/15/99
THE FIRST NATIONAL BANK
OF ATLANTA
SERVICER
By: Michael L. Scheuerman
Title: Senior Vice President
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