Exhibit 99.1
Nissan Auto Receivables 2022-A Owner Trust
Servicers Certificate
Collection Period |
31-Aug-22 | 30/360 Days | 30 | Collection Period Start | 1-Aug-22 | |||||||||||
Distribution Date |
15-Sep-22 | Actual/360 Days | 31 | Collection Period End | 31-Aug-22 | |||||||||||
Prior Month Settlement Date | 15-Aug-22 | |||||||||||||||
Current Month Settlement Date | 15-Sep-22 |
Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
Pool Balance |
1,142,065,005.32 | 933,751,415.07 | 900,695,544.17 | 0.864668 | ||||||||||||||||
Yield Supplement Overcollaterization |
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100,398,337.54 | 75,161,416.45 | 71,318,848.51 | ||||||||||||||||
Total Adjusted Pool Balance |
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1,041,666,667.78 | 858,589,998.62 | 829,376,695.66 | ||||||||||||||||
Total Adjusted Securities |
1,041,666,667.78 | 858,589,998.62 | 829,376,695.66 | 0.796202 | ||||||||||||||||
Class A-1 Notes |
0.49597 | % | 180,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2a Notes |
1.32000 | % | 365,000,000.00 | 361,923,330.84 | 332,710,027.88 | 0.911534 | ||||||||||||||
Class A-2b Notes |
0.00000 | % | 0.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-3 Notes |
1.86000 | % | 365,000,000.00 | 365,000,000.00 | 365,000,000.00 | 1.000000 | ||||||||||||||
Class A-4 Notes |
2.07000 | % | 90,000,000.00 | 90,000,000.00 | 90,000,000.00 | 1.000000 | ||||||||||||||
Certificates |
0.00000 | % | 41,666,667.78 | 41,666,667.78 | 41,666,667.78 | 1.000000 | ||||||||||||||
Principal Payment |
Interest Payment | Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
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Class A-1 Notes |
0.00 | 0.00 | | | ||||||||||||||||
Class A-2a Notes |
29,213,302.96 | 398,115.66 | 80.0364465 | 1.0907278 | ||||||||||||||||
Class A-2b Notes |
0.00 | 0.00 | | | ||||||||||||||||
Class A-3 Notes |
0.00 | 565,750.00 | | 1.5500000 | ||||||||||||||||
Class A-4 Notes |
0.00 | 155,250.00 | | 1.7250000 | ||||||||||||||||
Certificates |
0.00 | 0.00 | | | ||||||||||||||||
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Total Securities |
29,213,302.96 | 1,119,115.66 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
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Interest Collections |
1,113,456.33 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Interest |
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0.00 | ||||||||||||||||||
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Total Interest Collections |
1,113,456.33 | |||||||||||||||||||
Principal: |
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Principal Collections |
32,812,647.70 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Principal |
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0.00 | ||||||||||||||||||
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Total Principal Collections |
32,812,647.70 | |||||||||||||||||||
Recoveries of Defaulted Receivables |
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136,831.68 | ||||||||||||||||||
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Total Collections |
34,062,935.71 | |||||||||||||||||||
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II. COLLATERAL POOL BALANCE DATA |
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Number | Amount | |||||||||||||||||||
Adjusted Pool Balance - Beginning of Period |
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47,351 | 858,589,998.62 | |||||||||||||||||
Total Principal Payment |
29,213,302.96 | |||||||||||||||||||
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46,280 | 829,376,695.66 |
Nissan Auto Receivables 2022-A Owner Trust
Servicers Certificate
III. DISTRIBUTIONS |
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Total Collections |
34,062,935.71 | |||
Reserve Account Draw |
0.00 | |||
Total Available for Distribution |
34,062,935.71 | |||
1. Reimbursement of Advance |
0.00 | |||
2. Servicing Fee: |
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Servicing Fee Due |
778,126.18 | |||
Servicing Fee Paid |
778,126.18 | |||
Servicing Fee Shortfall |
0.00 | |||
3. Interest: |
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Class A-1 Notes Monthly Interest |
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Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-1 Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-1 Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-1 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest |
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Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2a Notes Monthly Interest Distributable Amount |
398,115.66 | |||
Class A-2a Notes Monthly Interest Paid |
398,115.66 | |||
Change in Class A-2a Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest |
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Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-2b Notes Monthly Interest Distributable Amount |
0.00 | |||
Class A-2b Notes Monthly Interest Paid |
0.00 | |||
Change in Class A-2b Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest |
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Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-3 Notes Monthly Interest Distributable Amount |
565,750.00 | |||
Class A-3 Notes Monthly Interest Paid |
565,750.00 | |||
Change in Class A-3 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest |
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Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Interest on Interest Carryover Shortfall |
0.00 | |||
Class A-4 Notes Monthly Interest Distributable Amount |
155,250.00 | |||
Class A-4 Notes Monthly Interest Paid |
155,250.00 | |||
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 |
Nissan Auto Receivables 2022-A Owner Trust
Servicers Certificate
Total Note Monthly Interest |
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Total Note Monthly Interest Due |
1,119,115.66 | |||||||
Total Note Monthly Interest Paid |
1,119,115.66 | |||||||
Total Note Interest Carryover Shortfall |
0.00 | |||||||
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
Total Available for Principal Distribution |
32,165,693.87 | |||||||
4. Total Monthly Principal Paid on the Notes |
29,213,302.96 | |||||||
Total Noteholders Principal Carryover Shortfall |
0.00 | |||||||
Total Noteholders Principal Distributable Amount |
29,213,302.96 | |||||||
Change in Total Noteholders Principal Carryover Shortfall |
0.00 | |||||||
5. Total Monthly Principal Paid on the Certificates |
0.00 | |||||||
Total Certificateholders Principal Carryover Shortfall |
0.00 | |||||||
Total Certificateholders Principal Distributable Amount |
0.00 | |||||||
Change in Total Certificateholders Principal Carryover Shortfall |
0.00 | |||||||
Remaining Available Collections |
2,952,390.91 | |||||||
Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
Remaining Available Collections Released to Certificateholder |
2,952,390.91 | |||||||
V. RESERVE ACCOUNT |
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Initial Reserve Account Amount |
2,604,166.67 | |||||||
Required Reserve Account Amount |
2,604,166.67 | |||||||
Beginning Reserve Account Balance |
2,604,166.67 | |||||||
Deposit of Remaining Available Collections |
0.00 | |||||||
Ending Reserve Account Balance |
2,604,166.67 | |||||||
Required Reserve Account Amount for Next Period |
2,604,166.67 | |||||||
VI. POOL STATISTICS |
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Weighted Average Coupon |
1.36 | % | ||||||
Weighted Average Remaining Maturity |
49.05 | |||||||
Amount | Number | |||||||
Principal on Defaulted Receivables |
243,223.20 | 13 | ||||||
Principal Recoveries of Defaulted Receivables |
136,831.68 | |||||||
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Monthly Net Losses |
106,391.52 | |||||||
Pool Balance at Beginning of Collection Period |
933,751,415.07 | |||||||
Net Loss Ratio for Third Preceding Collection Period |
0.05 | % | ||||||
Net Loss Ratio for Second Preceding Collection Period |
0.01 | % | ||||||
Net Loss Ratio for Preceding Collection Period |
0.25 | % | ||||||
Net Loss Ratio for Current Collection Period |
0.14 | % | ||||||
Four-Month Average Net Loss Ratio |
0.11 | % | ||||||
Cumulative Net Losses for all Periods |
680,870.33 |
Nissan Auto Receivables 2022-A Owner Trust
Servicers Certificate
Amount | Number | % of Receivables (EOP Balance) |
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Delinquent Receivables: |
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31-60 Days Delinquent |
1,293,156.88 | 54 | 0.14 | % | ||||||||
61-90 Days Delinquent |
262,188.27 | 14 | 0.03 | % | ||||||||
91-120 Days Delinquent |
119,621.33 | 6 | 0.01 | % | ||||||||
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
1,674,966.48 | 74 | 0.19 | % | ||||||||
61+ Days Delinquencies as Percentage of Receivables (EOP): |
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Delinquency Ratio for Third Preceding Collection Period |
0.04 | % | 0.03 | % | ||||||||
Delinquency Ratio for Second Preceding Collection Period |
0.03 | % | 0.03 | % | ||||||||
Delinquency Ratio for Preceding Collection Period |
0.04 | % | 0.04 | % | ||||||||
Delinquency Ratio for Current Collection Period |
0.04 | % | 0.04 | % | ||||||||
Four-Month Average Delinquency Ratio |
0.04 | % | 0.04 | % | ||||||||
60 Day Delinquent Receivables |
414,983.64 | |||||||||||
Delinquency Percentage |
0.05 | % | ||||||||||
Delinquency Trigger |
4.90 | % | ||||||||||
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
Principal Balance of Extensions |
1,904,182.71 | |||||||||||
Number of Extensions |
64 | |||||||||||
VII. STATEMENTS TO NOTEHOLDERS |
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1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience? |
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NO | ||||||||||
2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables? |
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NO | ||||||||||
3. Has there been an issuance of notes or other securities backed by the Receivables? |
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NO | ||||||||||
4. Has there been a material change in the underwriting, origination or acquisition of Receivables? |
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NO |