UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) December 20, 2005
M&I Dealer Auto Securitization, LLC
M&I Auto Loan Trust 2005-1
(Exact Name of Registrant Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
333-107220 39-2042850
333-107220-02 20-3690897
(Commission File Numbers) (Registrants' I.R.S. Employer Identification Nos.)
770 N. Water Street
Milwaukee, Wisconsin 53202
(Address of Principal Executive Offices) (Zip Code)
(414) 765-7801
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.1 Other Events.
This current report and exhibit on Form 8-K relates to the monthly
distribution to the holders of M&I Auto Loan Trust 2005-1.
On December 20, 2005 distribution was made to the Certificateholders.
Specific information with respect to the distribution is filed as Exhibit 99.1.
Item 9.1. Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) The following exhibits are filed as part of this report:
Statement to Certificateholders on December 20, 2005 is filed as
Exhibit 99.1 hereto.
<page>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
person undersigned hereunto duly authorized.
M&I Auto Loan Trust 2005-1
JPMORGAN CHASE BANK, N.A., as Indenture Trustee
By: /s/ Patty Barbarino
--------------------------------------------
Patty Barbarino
Vice President
Date: December 21, 2005
<page>
INDEX TO EXHIBITS
Exhibit
Number Description of Exhibits
99.1 Monthly Certificateholder Statement on
December 20, 2005
<page>
Exhibit 99.1
M&I Auto Loan Trust 2005-1
Statement to Certificate Holders
December 20, 2005
<s> <c> <c>
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DISTRIBUTION IN DOLLARS
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ORIGINAL BEGINNING ENDING
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
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A1 150,000,000.00 150,000,000.00 16,480,570.39 514,007.67 16,994,578.06 0.00 0.00 133,519,429.61
A2 178,000,000.00 178,000,000.00 0.00 657,611.11 657,611.11 0.00 0.00 178,000,000.00
A3 175,000,000.00 175,000,000.00 0.00 657,416.67 657,416.67 0.00 0.00 175,000,000.00
A4 125,060,000.00 125,060,000.00 0.00 472,726.80 472,726.80 0.00 0.00 125,060,000.00
B 21,940,000.00 21,940,000.00 0.00 82,933.20 82,933.20 0.00 0.00 21,940,000.00
TOTALS 650,000,000.00 650,000,000.00 16,480,570.39 2,384,695.45 18,865,265.84 0.00 0.00 633,519,429.61
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FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
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BEGINNING ENDING
CLASS CUSIP PRINCIPAL PRINCIPAL INTEREST TOTAL PRINCIPAL
- ---------------------------------------------------------------------------------------------------------
A1 55255PAR1 1,000.00000000 109.87046927 3.42671780 113.29718707 890.12953073
A2 55255PAS9 1,000.00000000 0.00000000 3.69444444 3.69444444 1,000.00000000
A3 55255PAT7 1,000.00000000 0.00000000 3.75666669 3.75666669 1,000.00000000
A4 55255PAU4 1,000.00000000 0.00000000 3.78000000 3.78000000 1,000.00000000
B 55255PAV2 1,000.00000000 0.00000000 3.78000000 3.78000000 1,000.00000000
TOTALS 1,000.00000000 25.35472368 3.66876223 29.02348591 974.64527632
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PASS-THROUGH RATES
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CLASS PREVIOUS CURRENT NEXT
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A1 4.405780 % 4.405780 % 4.405780 %
A2 4.750000 % 4.750000 % 4.750000 %
A3 4.830000 % 4.830000 % 4.830000 %
A4 4.860000 % 4.860000 % 4.860000 %
B 5.020000 % 5.020000 % 5.020000 %
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IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:
Patty Barbarino
JPMorgan Chase Bank, N.A. - Structured Finance Services
600 Travis, 9th Floor
Houston, Texas 77002
Tel: (713) 216-5139 / Fax: (713) 216-4880
Copyright 2005 J.P. Morgan Chase & Co. All rights reserved.