Exhibit 99.1
Nissan Auto Receivables 2022-B Owner Trust
Servicer’s Certificate
Collection Period |
31-Jul-25 | 30/360 Days | 30 | Collection Period Start | 1-Jul-25 | |||||||||||
Distribution Date |
15-Aug-25 | Actual/360 Days | 31 | Collection Period End | 31-Jul-25 | |||||||||||
Prior Month Settlement Date | 15-Jul-25 | |||||||||||||||
Current Month Settlement Date | 15-Aug-25 |
Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
Pool Balance |
1,477,843,167.03 | 349,654,197.15 | 327,347,332.37 | 0.251390 | ||||||||||||||||
Yield Supplement Overcollaterization |
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175,694,119.15 | 20,094,713.03 | 18,861,498.91 | ||||||||||||||||
Total Adjusted Pool Balance |
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1,302,149,047.88 | 329,559,484.12 | 308,485,833.46 | ||||||||||||||||
Total Adjusted Securities |
1,302,149,047.88 | 329,559,484.12 | 308,485,833.46 | 0.236905 | ||||||||||||||||
Class A-1 Notes |
3.68800 | % | 270,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2a Notes |
4.50000 | % | 443,300,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-2b Notes |
0.00000 | % | 0.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
Class A-3 Notes |
4.46000 | % | 443,300,000.00 | 184,010,436.24 | 162,936,785.58 | 0.367554 | ||||||||||||||
Class A-4 Notes |
4.45000 | % | 93,400,000.00 | 93,400,000.00 | 93,400,000.00 | 1.000000 | ||||||||||||||
Certificates |
0.00000 | % | 52,149,047.88 | 52,149,047.88 | 52,149,047.88 | 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 |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-2b Notes |
0.00 | 0.00 | — | — | ||||||||||||||||
Class A-3 Notes |
21,073,650.66 | 683,905.45 | 47.5381247 | 1.5427599 | ||||||||||||||||
Class A-4 Notes |
0.00 | 346,358.33 | — | 3.7083333 | ||||||||||||||||
Certificates |
0.00 | 0.00 | — | — | ||||||||||||||||
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Total Securities |
21,073,650.66 | 1,030,263.78 | ||||||||||||||||||
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I. COLLECTIONS |
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Interest: |
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Interest Collections |
815,248.05 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Interest |
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0.00 | ||||||||||||||||||
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Total Interest Collections |
815,248.05 | |||||||||||||||||||
Principal: |
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Principal Collections |
22,268,028.34 | |||||||||||||||||||
Repurchased Loan Proceeds Related to Principal |
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0.00 | ||||||||||||||||||
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Total Principal Collections |
22,268,028.34 | |||||||||||||||||||
Recoveries of Defaulted Receivables |
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159,859.41 | ||||||||||||||||||
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Total Collections |
23,243,135.80 | |||||||||||||||||||
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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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31,865 | 329,559,484.12 | |||||||||||||||||
Total Principal Payment |
21,073,650.66 | |||||||||||||||||||
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30,963 | 308,485,833.46 |
Nissan Auto Receivables 2022-B Owner Trust
Servicer’s Certificate
III. DISTRIBUTIONS |
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Total Collections |
23,243,135.80 | |||
Reserve Account Draw |
0.00 | |||
Total Available for Distribution |
23,243,135.80 | |||
1. Reimbursement of Advance |
0.00 | |||
2. Servicing Fee: |
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Servicing Fee Due |
291,378.50 | |||
Servicing Fee Paid |
291,378.50 | |||
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 |
0.00 | |||
Class A-2a Notes Monthly Interest Paid |
0.00 | |||
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 |
683,905.45 | |||
Class A-3 Notes Monthly Interest Paid |
683,905.45 | |||
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 |
346,358.33 | |||
Class A-4 Notes Monthly Interest Paid |
346,358.33 | |||
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 |
Nissan Auto Receivables 2022-B Owner Trust
Servicer’s Certificate
Total Note Monthly Interest |
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Total Note Monthly Interest Due |
1,030,263.78 | |||||||
Total Note Monthly Interest Paid |
1,030,263.78 | |||||||
Total Note Interest Carryover Shortfall |
0.00 | |||||||
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
Total Available for Principal Distribution |
21,921,493.52 | |||||||
4. Total Monthly Principal Paid on the Notes |
21,073,650.66 | |||||||
Total Noteholders’ Principal Carryover Shortfall |
0.00 | |||||||
Total Noteholders’ Principal Distributable Amount |
21,073,650.66 | |||||||
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 |
847,842.86 | |||||||
Deposit from Remaining Available Collections to fund Reserve Account |
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0.00 | ||||||
Remaining Available Collections Released to Certificateholder |
847,842.86 | |||||||
V. RESERVE ACCOUNT |
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Initial Reserve Account Amount |
3,255,372.62 | |||||||
Required Reserve Account Amount |
3,255,372.62 | |||||||
Beginning Reserve Account Balance |
3,255,372.62 | |||||||
Deposit of Remaining Available Collections |
0.00 | |||||||
Ending Reserve Account Balance |
3,255,372.62 | |||||||
Required Reserve Account Amount for Next Period |
3,255,372.62 | |||||||
VI. POOL STATISTICS |
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Weighted Average Coupon |
2.70 | % | ||||||
Weighted Average Remaining Maturity |
26.21 | |||||||
Amount | Number | |||||||
Principal on Defaulted Receivables |
38,836.44 | -1 | ||||||
Principal Recoveries of Defaulted Receivables |
159,859.41 | |||||||
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Monthly Net Losses |
(121,022.97 | ) | ||||||
Pool Balance at Beginning of Collection Period |
349,654,197.15 | |||||||
Net Loss Ratio for Third Preceding Collection Period |
0.05 | % | ||||||
Net Loss Ratio for Second Preceding Collection Period |
-0.31 | % | ||||||
Net Loss Ratio for Preceding Collection Period |
0.09 | % | ||||||
Net Loss Ratio for Current Collection Period |
-0.42 | % | ||||||
Four-Month Average Net Loss Ratio |
-0.15 | % | ||||||
Cumulative Net Losses for all Periods |
4,719,859.86 |
Nissan Auto Receivables 2022-B Owner Trust
Servicer’s Certificate
Amount | Number | % of Receivables (EOP Balance) |
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Delinquent Receivables: |
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31-60 Days Delinquent |
3,547,520.30 | 244 | 1.08 | % | ||||||||
61-90 Days Delinquent |
707,737.18 | 47 | 0.22 | % | ||||||||
91-120 Days Delinquent |
270,264.29 | 21 | 0.08 | % | ||||||||
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
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Total 31+ Days Delinquent Receivables: |
4,525,521.77 | 312 | 1.38 | % | ||||||||
61+ Days Delinquencies as Percentage of Receivables (EOP): |
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Delinquency Ratio for Third Preceding Collection Period |
0.14 | % | 0.10 | % | ||||||||
Delinquency Ratio for Second Preceding Collection Period |
0.17 | % | 0.13 | % | ||||||||
Delinquency Ratio for Preceding Collection Period |
0.22 | % | 0.17 | % | ||||||||
Delinquency Ratio for Current Collection Period |
0.30 | % | 0.22 | % | ||||||||
Four-Month Average Delinquency Ratio |
0.21 | % | 0.16 | % | ||||||||
60 Day Delinquent Receivables |
1,020,621.81 | |||||||||||
Delinquency Percentage |
0.31 | % | ||||||||||
Delinquency Trigger |
4.90 | % | ||||||||||
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
Principal Balance of Extensions |
1,450,556.81 | |||||||||||
Number of Extensions |
98 | |||||||||||
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 |