ITEM 1. BUSINESS - ------- --------
Not Applicable
ITEM 2.
ITEM 2. PROPERTIES - ------- ----------
Not Applicable
ITEM 3.
ITEM 3. LEGAL PROCEEDINGS - ------- -----------------
None
ITEM 4.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. - ------- ----------------------------------------------------
None
PART II -------
ITEM 5.
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY - ------- AND RELATED STOCKHOLDER MATTERS. --------------------------------
The Certificates representing investors' interests in the Trust are represented by certificates registered in the name of Cede & Co., the nominee of The Depository Trust Company ("DTC").
To the best knowledge of the Registrant, there is no established public trading market for the Certificates.
ITEM 6.
ITEM 6. SELECTED FINANCIAL DATA - ------- -----------------------
Not Applicable
ITEM 7.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF - ------- FINANCIAL CONDITION AND RESULTS OF OPERATIONS ---------------------------------------------
Not Applicable
ITEM 8.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA - ------- -------------------------------------------
Not Applicable
ITEM 9.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH - ------- ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE --------------------------------------------------
None
ITEM 10.
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT - -------- --------------------------------------------------
Not Applicable
ITEM 11.
ITEM 11. EXECUTIVE COMPENSATION - -------- ----------------------
Not Applicable
PART III --------
ITEM 12.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN - -------- BENEFICIAL OWNERS AND MANAGEMENT --------------------------------
(a) The Certificates of each class of each series representing investors' interests in the Trust are represented by Certificates registered in the name of Cede & Co., the nominee of the DTC, and an investor holding an interest in the Trust is not entitled to receive a Certificate representing such interest except in certain limited circumstances. Accordingly, as of the Registrant's fiscal year end, August 30, 1996, Cede & Co. is the sole holder of record of Certificates. Cede & Co. holds the Certificates on behalf of brokers, dealers, banks and other direct participants in the DTC system. Direct DTC participants may own Certificates for their own accounts or hold them for the accounts of their customers. As of August 30, 1996, the following direct DTC participants held positions in Certificates representing interests in the Trust equal to or exceeding 5% of the total principal amount of the Certificates of each class of each series outstanding on that date:
Title Aggregate Amount Percentage of Class of Certificate of Ownership -------- -------------- ------------
Series 1995-1
Class A
Bank of New York $ 20,000,000 6.17%
Bankers Trust Company 41,700,000 12.87
Morgan Guaranty Trust 113,850,000 35.14 Co. of New York
Republic National 27,000,000 8.33 Bank of New York Investment Account
Swiss American 60,000,000 18.52 Securities Inc.
Class B
First National Bank $15,000,000 37.50% of Chicago
Morgan Stanley & Co. 20,000,000 50.00
State Street Bank/ 5,000,000 12.50 Custodian
The address of each of the above participants is:
c/o The Depository Trust Company 55 Water Street New York, NY 10041
(b) Not Applicable
(c) Not Applicable
ITEM 13.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS - -------- ----------------------------------------------
None
PART IV -------
ITEM 14.
ITEM 14. EXHIBITS, FINANCIAL STATEMENT - -------- SCHEDULES, AND REPORTS ON FORM 8-K ----------------------------------
(a) The following documents are filed as part of this Report:
3. Exhibits
19.1 Independent Auditor's Report with respect to Compliance with the Servicing Requirements of the Mercantile Credit Card Master Trust Pooling and Servicing Agreement and Series 1995-1 Supplement.
19.2 Independent Auditor's Report with respect to Compliance with the Article III, Section 3.04(b) of the Mercantile Credit Card Master Trust Pooling and Servicing Agreement.
19.3 Annual Statement of Mercantile Bank of Illinois National Association dated as of November 25, 1996.
The Annual Report for calendar year 1996 is not required to be delivered until January 31, 1997.
(b) During the quarter ended August 30, 1996, three reports on Form 8-K were filed with respect to the Trust. Such reports were dated June 13, 1996; July 10, 1996; and August 13, 1996; and each report reported the following item:
Item 5. Other Events
(c) See Item 14(a) 3. above.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Mercantile Bank of Illinois National Association, as Originator of the Trust
Date: November 27, 1996 By: /s/ Kenneth E. Schutte ---------------------------------- Name: Kenneth E. Schutte Title: Executive Vice President