Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 42 | |
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-258040 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
| | | | | | | | | | | | | | | | | |
| Dollar Amount | | # of Receivables | | Weighted Avg Remaining Term at Cutoff |
| Initial Pool Balance | $ | 1,745,303,060.82 | | | 52,430 | | | 54.7 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 304,740,000.00 | | | 3.633 | % | | October 15, 2023 |
| Class A-2a Notes | $ | 319,040,000.00 | | | 4.52 | % | | April 15, 2025 |
| Class A-2b Notes | $ | 200,000,000.00 | | | 4.17819 | % | * | April 15, 2025 |
| Class A-3 Notes | $ | 519,040,000.00 | | | 4.48 | % | | December 15, 2026 |
| Class A-4 Notes | $ | 157,180,000.00 | | | 4.59 | % | | December 15, 2027 |
| Class B Notes | $ | 47,370,000.00 | | | 5.03 | % | | February 15, 2028 |
| Class C Notes | $ | 31,570,000.00 | | | 5.22 | % | | March 15, 2030 |
| Total | $ | 1,578,940,000.00 | | | | | |
| | | * 30-day average SOFR + 0.52% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 729,477.32 | |
| |
| Principal: | |
| Principal Collections | $ | 11,650,340.29 | |
| Prepayments in Full | $ | 4,261,944.32 | |
| Liquidation Proceeds | $ | 109,960.22 | |
| Recoveries | $ | 121,968.05 | |
| Sub Total | $ | 16,144,212.88 | |
| Collections | $ | 16,873,690.20 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 182,828.40 | |
| Purchase Amounts Related to Interest | $ | 951.52 | |
| Sub Total | $ | 183,779.92 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 17,057,470.12 | |
Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 42 | |
III. DISTRIBUTIONS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Calculated Amount | | Amount Paid | | Shortfall | | Carryover Shortfall | | Remaining Available Funds |
| Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 17,057,470.12 | |
| Servicing Fee | $ | 197,464.11 | | | $ | 197,464.11 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,860,006.01 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,860,006.01 | |
| Interest - Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,860,006.01 | |
| Interest - Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,860,006.01 | |
| Interest - Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,860,006.01 | |
| Interest - Class A-4 Notes | $ | 424,139.19 | | | $ | 424,139.19 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,435,866.82 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,435,866.82 | |
| Interest - Class B Notes | $ | 198,559.25 | | | $ | 198,559.25 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,237,307.57 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,237,307.57 | |
| Interest - Class C Notes | $ | 137,329.50 | | | $ | 137,329.50 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,099,978.07 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 16,099,978.07 | |
| Regular Principal Payment | $ | 15,045,879.36 | | | $ | 15,045,879.36 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,054,098.71 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 1,054,098.71 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 1,054,098.71 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 17,057,470.12 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 15,045,879.36 | |
| Total | | | | | | | | | $ | 15,045,879.36 | |
| | | | | | | | | |
IV. NOTEHOLDER PAYMENTS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noteholder Principal Payments | | Noteholder Interest Payments | | Total Payment |
| | | Per $1,000 of | | | | Per $1,000 of | | | | Per $1,000 of |
| Actual | | Original Balance | | Actual | | Original Balance | | Actual | | Original Balance |
| Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2a Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2b Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-4 Notes | $ | 15,045,879.36 | | | $ | 95.72 | | | $ | 424,139.19 | | | $ | 2.70 | | | $ | 15,470,018.55 | | | $ | 98.42 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 198,559.25 | | | $ | 4.19 | | | $ | 198,559.25 | | | $ | 4.19 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 137,329.50 | | | $ | 4.35 | | | $ | 137,329.50 | | | $ | 4.35 | |
| Total | $ | 15,045,879.36 | | | $ | 9.53 | | | $ | 760,027.94 | | | $ | 0.48 | | | $ | 15,805,907.30 | | | $ | 10.01 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 42 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2a Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2b Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-3 Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-4 Notes | $ | 110,886,063.62 | | | 0.7054718 | | $ | 95,840,184.26 | | | 0.6097480 |
| Class B Notes | $ | 47,370,000.00 | | | 1.0000000 | | $ | 47,370,000.00 | | | 1.0000000 |
| Class C Notes | $ | 31,570,000.00 | | | 1.0000000 | | $ | 31,570,000.00 | | | 1.0000000 |
| Total | $ | 189,826,063.62 | | | 0.1202237 | | $ | 174,780,184.26 | | | 0.1106946 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 3.942 | % | | 3.976 | % |
| Weighted Average Remaining Term | 23.47 | | 22.78 |
| Number of Receivables Outstanding | 18,020 | | 17,355 |
| Pool Balance | $ | 236,956,934.94 | | | $ | 220,468,512.94 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 221,405,015.55 | | | $ | 206,359,136.19 | |
| Pool Factor | 0.1357684 | | 0.1263210 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 4,736,842.79 | |
| Yield Supplement Overcollateralization Amount | $ | 14,109,376.75 | |
| Targeted Overcollateralization Amount | $ | 45,688,328.68 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 45,688,328.68 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 4,736,842.79 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 4,736,842.79 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 4,736,842.79 | |
| |
Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 42 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 64 | | $ | 283,348.77 | |
| (Recoveries) | | | 102 | | $ | 121,968.05 | |
| Net Loss for Current Collection Period | | | | | $ | 161,380.72 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.8173 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.5380 | % |
| Second Prior Collection Period | | 2.0006 | % |
| Prior Collection Period | | | | | 0.7983 | % |
| Current Collection Period | | | | | 0.8467 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 1.0459 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 2,985 | | $ | 15,500,191.36 | |
| (Cumulative Recoveries) | | | | | $ | 3,124,152.46 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 12,376,038.90 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.7091 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 5,192.69 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 4,146.08 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 2.21 | % | | 223 | | $ | 4,880,442.53 | |
| 61-90 Days Delinquent | 0.29 | % | | 29 | | $ | 638,213.34 | |
| 91-120 Days Delinquent | 0.08 | % | | 7 | | $ | 183,785.36 | |
| Over 120 Days Delinquent | 0.36 | % | | 31 | | $ | 786,815.42 | |
| Total Delinquent Receivables | 2.94 | % | | 290 | | $ | 6,489,256.65 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 10 | | $ | 261,144.29 | |
| Total Repossessed Inventory | | | 17 | | $ | 391,101.60 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.4243 | % |
| Prior Collection Period | | | | | 0.4329 | % |
| Current Collection Period | | | | | 0.3861 | % |
| Three Month Average | | | | | 0.4144 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.50% | | | | |
| 25-36 | 2.70% | | | | |
| 37+ | 4.40% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.7297 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2022-C
Monthly Investor Report
| | | | | |
| Collection Period | February 2026 |
| Payment Date | 3/16/2026 |
| Transaction Month | 42 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 42 | $1,007,305.45 |
| 2 Months Extended | | | 71 | $1,504,743.89 |
| 3+ Months Extended | | | 32 | $705,206.36 |
| | | | |
| Total Receivables Extended | 145 | $3,217,255.70 |
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
| | |
| No Activity to report |
|
| Most Recent Form ABS-15G for repurchase demand activity |
|
| Filed by: Ford Motor Credit Company LLC |
| CIK#: 0000038009 |
| Date: February 6, 2026 |
|
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
| | | | | |
| Benchmark Transition Event: | N/A |
| |
| Benchmark Replacement Date: | N/A |
| |
| Unadjusted Benchmark Replacement: | N/A |
| |
| Benchmark Replacement Adjustment: | N/A |
| |
| Benchmark Replacement Conforming Changes: | N/A |
| |
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer