Exhibit 99.2
Reconciliation between originally filed
and revised filings of the investor reports for
Banc One Auto Grantor Trust 1996-B
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REVISED ORIGINAL
DEC 96 DEC 96 VARIANCE
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COLLECTIONS
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INTEREST PAYMENTS RECEIVED 2,157,157.87 2,154,751.84 2,406.03 (3)
LIQUIDATION PROCEEDS - INTEREST (2) 0.00 0.00 0.00
RECOVERIES FROM PRIOR MONTHS (2) 230,869.09 224,391.05 6,478.04
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TOTAL INTEREST RECEIVED 2,388,026.96 2,379,142.89 8,884.07
PRINCIPAL PAYMENTS RECEIVED 9,971,445.85 9,960,874.19 10,571.66 (3)
REPURCHASED LOAN PROCEEDS 0.00 0.00 0.00
LIQUIDATION PROCEEDS - PRINCIPAL 26,737.19 224,391.05 (197,653.86) (4)
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TOTAL PRINCIPAL RECEIVED 9,998,183.04 10,185,265.24 (187,082.20)
TOTAL COLLECTIONS 12,386,210.00 12,564,408.13 (178,198.13)
DISTRIBUTABLE AMOUNTS (1)
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SERVICING FEE AT 1.00% 189,172.00 189,116.65 55.35
CLASS A COUPON INTEREST AT 6.55% 1,189,512.44 1,189,164.46 347.98
CLASS B COUPON INTEREST AT 6.70% 50,699.18 50,684.35 14.83
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TOTAL COUPON INTEREST 1,240,211.62 1,239,848.81 362.81
COUPON INTEREST AND SERVICING 1,429,383.62 1,428,965.46 418.16
TOTAL PRINCIPAL RECEIVED 9,998,183.04 10,185,265.24 (187,082.20)
REALIZED LOSS (GROSS-LIQUIDATION) 675,828.91 478,175.05 197,653.86 (4)
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TOTAL PRINCIPAL 10,674,011.95 10,663,440.29 10,571.66
TOTAL COUPON INTEREST 1,240,211.62 1,239,848.81 362.81
TOTAL SERVICING FEE 189,172.00 189,116.65 55.35
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INTEREST, PRINCIPAL & SERVICE FEE 12,103,395.57 12,092,405.75 10,989.82
RESERVE FUND
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INTEREST COLLECTED 2,388,026.96 2,379,142.89 8,884.07
COUPON INTEREST (1,240,211.62) (1,239,848.81) (362.81)
SERVICING FEE (189,172.00) (189,116.65) (55.35)
REALIZED LOSS (GROSS-LIQUIDATION) (675,828.91) (478,175.05) (197,653.86)
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EXCESS CASH TO RESERVE FUND 282,814.43 472,002.38 (189,187.95)
RESERVE FUND BEGINNING BALANCE 7,377,707.80 7,375,549.52 2,158.28
RESERVE ACCOUNT RELEASE TO 0.00 818,564.18 (818,564.18)
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SELLER
RESERVE FUND ENDING BALANCE (1) 7,660,522.23 7,028,987.72 631,534.51
WIRE TO TRUSTEE
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TOTAL COLLECTIONS 12,386,210.00 12,564,408.13 (178,198.13)
SERVICING FEE (189,172.00) (189,116.65) (55.35)
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OVER/(UNDER) WIRED 12,197,038.00 12,375,291.48 178,253.48
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OTHER REPORTED BALANCES
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RESERVE FUND INVESTMENT INCOME (5) 32,101.12 32,101.11 0.01
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FOOTNOTES:
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(1) Monthly variances due to the differences with outstanding receivable
balances.
(2) Interest collections on liquidation proceeds and recoveries were not
previously reported.
(3) Principal and interest payments on loans erroneously transferred out of the
securitized pool.
(4) Realized Losses were originally understated by the amount approximately
equal to the liquidation proceeds previously overstated.
(5) Investment income reported as actual amounts earned, no adjustments were
made for the incorrect reserve fund balance.