John Deere Owner Trust 2024-B | EXHIBIT 99.2 | |||
Statement to Certificateholders | | |||
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$388,000,000 Class A-1 5.51000% Asset Backed Notes due June 16, 2025 | | |||
$270,000,000 Class A-2A 5.42% Asset Backed Notes due May 17, 2027 | | |||
$251,850,000 Class A-2B Floating Rate Asset Backed Notes due May 17, 2027 | | |||
$521,850,000 Class A-3 5.20% Asset Backed Notes due March 15, 2029 | | |||
$91,711,000 Class A-4 5.19% Asset Backed Notes due May 15, 2031 | | |||
$39,062,743 Overcollateralization | | |||
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One-Month SOFR as of the SOFR Determination Date: | 3.64285% | |||
Class A-2B interest rate: | 4.01285% | |||
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Payment Date: | 15-Jun-26 | |||
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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-2A Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (c) | Class A-2B Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (d) | Class A-3 Notes: | $19,540,865.90 | |
| | per $1,000 original principal amount: | $37.45 | |
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| (e) | Class A-4 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
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| (f) | Total: | $19,540,865.90 | |
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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-2A Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
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| | (iii) | Class A-2B Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
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| | (iv) | Class A-3 Notes: | $1,909,418.27 |
| | | per $1,000 original principal amount: | $3.66 |
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| | (v) | Class A-4 Notes: | $396,650.08 |
| | | per $1,000 original principal amount: | $4.33 |
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| | (vi) | Total: | $2,306,068.35 |
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(3) | (a) | Pool Balance (excluding accrued interest) at end of related Collection Period: | $568,838,605.67 | |
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| (b) | Note Value at end of related Collection Period: | $551,867,862.53 | |
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| (c) | Amount of Overcollateralization (Note Value less the aggregate principal amount of Notes) at end of related Collection Period: | $39,062,743.00 | |
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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-2A Notes: | $0.00 |
| | (ii) | A-2A Note Pool Factor: | 0.0000000 |
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| (c) | (i) | Outstanding Principal Amount of Class A-2B Notes: | $0.00 |
| | (ii) | A-2B Note Pool Factor: | 0.0000000 |
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| (d) | (i) | Outstanding Principal Amount of Class A-3 Notes: | $421,094,119.71 |
| | (ii) | A-3 Note Pool Factor: | 0.8069256 |
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| (e) | (i) | Outstanding Principal Amount of Class A-4 Notes: | $91,711,000.00 |
| | (ii) | A-4 Note Pool Factor: | 1.0000000 |
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(5) | (a) | Amount of Servicing Fee: | $492,628.47 | |
| | (i) | per $1,000 original principal amount: | $0.29 |
| (b) | Amount of Servicing Fee earned: | $492,628.47 | |
| (c) | Amount of Servicing Fee paid: | $492,628.47 | |
| (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: | $745,734.29 | ||
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(11) | (i) | Amount in Reserve Account: | $15,624,737.43 | |
| (ii) | Specified Reserve Account Balance: | $15,624,737.43 | |
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(12) | (i) | Payoff Amount of Receivables 60 days or more past due: | $19,642,399.08 | |
| (ii) | Payoff Amount of Receivables 60 days or more past due as a % of the Pool Balance: | 3.45% | |
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(13) | (i) | Aggregate amount of net losses for the collection period: | $1,097,374.80 | |
| (ii) | Cumulative amount of net losses: | $11,062,108.63 | |
| (iii) | Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio): | 0.66% | |
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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: | $81,623.54 |
| | (ii) | % of Pool Balance: | 0.01% |
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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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