John Deere Owner Trust 2023-C | EXHIBIT 99.2 | |||
Statement to Certificateholders | | |||
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$321,000,000 Class A-1 5.65000% Asset Backed Notes due September 16, 2024 | | |||
$430,000,000 Class A-2 5.76% Asset Backed Notes due August 17, 2026 | | |||
$430,000,000 Class A-3 5.48% Asset Backed Notes due May 15, 2028 | | |||
$91,790,000 Class A-4 5.39% Asset Backed Notes due August 15, 2030 | | |||
$32,639,410 Overcollateralization | | |||
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Payment Date: | 15-Aug-25 | |||
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(1) | Amount of principal being paid or distributed: | | ||
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| (a) | Class A-1 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (b) | Class A-2 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (c) | Class A-3 Notes: | $26,885,137.97 | |
| | per $1,000 original principal amount: | $62.52 | |
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| (d) | Class A-4 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (e) | Total: | $26,885,137.97 | |
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(2) | (a) | Amount of interest being paid or distributed: | | |
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| | (i) | Class A-1 Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
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| | (ii) | Class A-2 Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
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| | (iii) | Class A-3 Notes: | $1,795,991.23 |
| | | per $1,000 original principal amount: | $4.18 |
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| | (iv) | Class A-4 Notes: | $412,290.08 |
| | | per $1,000 original principal amount: | $4.49 |
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| | (v) | Total: | $2,208,281.31 |
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(3) | (a) | Pool Balance (excluding accrued interest) at end of related Collection Period: | $510,774,185.70 | |
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| (b) | Note Value at end of related Collection Period: | $490,827,021.87 | |
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| (c) | Amount of Overcollateralization (Note Value less the aggregate principal amount of Notes) at end of related Collection Period: | $32,639,410.00 | |
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(4) | After giving effect to distributions on this Payment Date: | | ||
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| (a) | (i) | Outstanding Principal Amount of Class A-1 Notes: | $0.00 |
| | (ii) | A-1 Note Pool Factor: | 0.0000000 |
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| (b) | (i) | Outstanding Principal Amount of Class A-2 Notes: | $0.00 |
| | (ii) | A-2 Note Pool Factor: | 0.0000000 |
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| (c) | (i) | Outstanding Principal Amount of Class A-3 Notes: | $366,397,612.28 |
| | (ii) | A-3 Note Pool Factor: | 0.8520875 |
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| (d) | (i) | Outstanding Principal Amount of Class A-4 Notes: | $91,790,000.00 |
| | (ii) | A-4 Note Pool Factor: | 1.0000000 |
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(5) | (a) | Amount of Servicing Fee: | $449,135.97 | |
| | (i) | per $1,000 original principal amount: | $0.32 |
| (b) | Amount of Servicing Fee earned: | $449,135.97 | |
| (c) | Amount of Servicing Fee paid: | $449,135.97 | |
| (d) | Amount of Servicing Fee Shortfall: | $0.00 | |
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(6) | Amount of Administration Fee: | $100.00 | ||
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(7) | Amount paid to Indenture Trustee: | $0.00 | ||
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(8) | Amount paid to Owner Trustee: | $0.00 | ||
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(9) | Amount paid to Asset Representations Reviewer: | | ||
| (a) | Section 5.04 (iii) - Asset Representations Review Fees | $0.00 | |
| (b) | Section 5.04 (ix) - Asset Representations Review Fees | $0.00 | |
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(10) | Amount paid to Certificateholder: | $1,319,285.37 | ||
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(11) | (i) | Amount in Reserve Account: | $13,054,294.10 | |
| (ii) | Specified Reserve Account Balance: | $13,054,294.10 | |
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(12) | (i) | Payoff Amount of Receivables 60 days or more past due: | $17,770,122.87 | |
| (ii) | Payoff Amount of Receivables 60 days or more past due as a % of the Pool Balance: | 3.48% | |
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(13) | (i) | Aggregate amount of net losses for the collection period: | $334,090.39 | |
| (ii) | Cumulative amount of net losses: | $6,573,278.22 | |
| (iii) | Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio): | 0.46% | |
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(14) | (a) | Number of Receivables that were the subject of a repurchase demand in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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| (b) | Number of Purchased Receivables in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Purchased Receivables: | $144,516.04 |
| | (ii) | % of Pool Balance: | 0.03% |
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| (c) | Number of Receivables pending repurchase (within cure period) in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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| (d) | Number of repurchase demands in dispute in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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| (e) | Number of repurchase demands withdrawn in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of related Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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| (f) | Number of repurchase demands rejected in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of related Receivables: | $0.00 |
| | (ii) | % of Pool Balance: | 0.00% |
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