John Deere Owner Trust 2024 | EXHIBIT 99.2 | |||
Statement to Certificateholders | | |||
| | |||
$341,500,000 Class A-1 5.52100% Asset Backed Notes due March 17, 2025 | | |||
$300,000,000 Class A-2A 5.19% Asset Backed Notes due February 16, 2027 | | |||
$155,250,000 Class A-2B Floating Rate Asset Backed Notes due February 16, 2027 | | |||
$455,250,000 Class A-3 4.96% Asset Backed Notes due November 15, 2028 | | |||
$98,580,000 Class A-4 4.91% Asset Backed Notes due February 18, 2031 | | |||
$34,635,510 Overcollateralization | | |||
| | |||
One-Month SOFR as of the SOFR Determination Date: | 3.62539% | |||
Class A-2B interest rate: | 3.99539% | |||
| | |||
Payment Date: | 17-Aug-26 | |||
| | |||
(1) | Amount of principal being paid or distributed: | | ||
| | |||
| (a) | Class A-1 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | |||
| (b) | Class A-2A Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | |||
| (c) | Class A-2B Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | |||
| (d) | Class A-3 Notes: | $25,687,139.19 | |
| | per $1,000 original principal amount: | $56.42 | |
| | |||
| (e) | Class A-4 Notes: | $0.00 | |
| | per $1,000 original principal amount: | $0.00 | |
| | |||
| (f) | Total: | $25,687,139.19 | |
| | |||
(2) | (a) | Amount of interest being paid or distributed: | | |
| | |||
| | (i) | Class A-1 Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
| | |||
| | (ii) | Class A-2A Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
| | |||
| | (iii) | Class A-2B Notes: | $0.00 |
| | | per $1,000 original principal amount: | $0.00 |
| | |||
| | (iv) | Class A-3 Notes: | $1,176,149.27 |
| | | per $1,000 original principal amount: | $2.58 |
| | |||
| | (v) | Class A-4 Notes: | $403,356.50 |
| | | per $1,000 original principal amount: | $4.09 |
| | |||
| | (vi) | Total: | $1,579,505.77 |
| | |||
(3) | (a) | Pool Balance (excluding accrued interest) at end of related Collection Period: | $396,945,716.50 | |
| | |||
| (b) | Note Value at end of related Collection Period: | $392,080,613.34 | |
| | |||
| (c) | Amount of Overcollateralization (Note Value less the aggregate principal amount of Notes) at end of related Collection Period: | $34,635,510.00 | |
| | |||
(4) | After giving effect to distributions on this Payment Date: | | ||
| | |||
| (a) | (i) | Outstanding Principal Amount of Class A-1 Notes: | $0.00 |
| | (ii) | A-1 Note Pool Factor: | 0.0000000 |
| | |||
| (b) | (i) | Outstanding Principal Amount of Class A-2A Notes: | $0.00 |
| | (ii) | A-2A Note Pool Factor: | 0.0000000 |
1
| | |||
| (c) | (i) | Outstanding Principal Amount of Class A-2B Notes: | $0.00 |
| | (ii) | A-2B Note Pool Factor: | 0.0000000 |
| | |||
| (d) | (i) | Outstanding Principal Amount of Class A-3 Notes: | $258,865,103.72 |
| | (ii) | A-3 Note Pool Factor: | 0.5686219 |
| | |||
| (e) | (i) | Outstanding Principal Amount of Class A-4 Notes: | $98,580,000.00 |
| | (ii) | A-4 Note Pool Factor: | 1.0000000 |
| | |||
(5) | (a) | Amount of Servicing Fee: | $352,930.90 | |
| | (i) | per $1,000 original principal amount: | $0.24 |
| (b) | Amount of Servicing Fee earned: | $352,930.90 | |
| (c) | Amount of Servicing Fee paid: | $352,930.90 | |
| (d) | Amount of Servicing Fee Shortfall: | $0.00 | |
| | |||
(6) | Amount of Administration Fee: | $100.00 | ||
| | |||
(7) | Amount paid to Indenture Trustee: | $0.00 | ||
| | |||
(8) | Amount paid to Owner Trustee: | $0.00 | ||
| | |||
(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 | |
| | |||
(10) | Amount paid to Certificateholder: | $1,057,399.42 | ||
| | |||
(11) | (i) | Amount in Reserve Account: | $13,852,155.10 | |
| (ii) | Specified Reserve Account Balance: | $13,852,155.10 | |
| | |||
(12) | (i) | Payoff Amount of Receivables 60 days or more past due: | $9,092,179.64 | |
| (ii) | Payoff Amount of Receivables 60 days or more past due as a % of the Pool Balance: | 2.29% | |
| | |||
(13) | (i) | Aggregate amount of net losses for the collection period: | $196,877.15 | |
| (ii) | Cumulative amount of net losses: | $9,481,656.99 | |
| (iii) | Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio): | 0.65% | |
| | |||
(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% |
| | |||
| (b) | Number of Purchased Receivables in the related Collection Period: | | |
| | (i) | Aggregate Principal Balance of Purchased Receivables: | $600,104.70 |
| | (ii) | % of Pool Balance: | 0.14% |
| | |||
| (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% |
| | |||
| (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% |
| | |||
| (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% |
| | |||
| (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% |
2