John Deere Owner Trust 2025 | EXHIBIT 99.2 | |||
Statement to Certificateholders | | |||
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$193,000,000 Class A-1 4.43300% Asset Backed Notes due March 16, 2026 | | |||
$100,000,000 Class A-2A 4.23% Asset Backed Notes due March 15, 2028 | | |||
$171,000,000 Class A-2B Floating Rate Asset Backed Notes due March 15, 2028 | | |||
$231,000,000 Class A-3 4.23% Asset Backed Notes due September 17, 2029 | | |||
$59,747,000 Class A-4 4.42% Asset Backed Notes due February 17, 2032 | | |||
$19,352,434 Overcollateralization | | |||
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One-Month SOFR as of the SOFR Determination Date: | 3.63650% | |||
Class A-2B interest rate: | 3.92650% | |||
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Payment Date: | 15-Sep-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: | $5,810,313.59 | |
| | per $1,000 original principal amount: | $58.10 | |
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| (c) | Class A-2B Notes: | $9,935,636.23 | |
| | per $1,000 original principal amount: | $58.10 | |
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| (d) | Class A-3 Notes: | ($0.00) | |
| | per $1,000 original principal amount: | ($0.00) | |
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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: | $15,745,949.82 | |
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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: | $114,141.81 |
| | | per $1,000 original principal amount: | $1.14 |
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| | (iii) | Class A-2B Notes: | $175,138.98 |
| | | per $1,000 original principal amount: | $1.02 |
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| | (iv) | Class A-3 Notes: | $814,275.00 |
| | | per $1,000 original principal amount: | $3.53 |
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| | (v) | Class A-4 Notes: | $220,068.12 |
| | | per $1,000 original principal amount: | $3.68 |
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| | (vi) | Total: | $1,323,623.91 |
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(3) | (a) | Pool Balance (excluding accrued interest) at end of related Collection Period: | $394,190,803.63 | |
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| (b) | Note Value at end of related Collection Period: | $382,105,056.75 | |
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| (c) | Amount of Overcollateralization (Note Value less the aggregate principal amount of Notes) at end of related Collection Period: | $19,352,434.00 | |
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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: | $26,570,340.32 |
| | (ii) | A-2A Note Pool Factor: | 0.2657034 |
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| (c) | (i) | Outstanding Principal Amount of Class A-2B Notes: | $45,435,281.96 |
| | (ii) | A-2B Note Pool Factor: | 0.2657034 |
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| (d) | (i) | Outstanding Principal Amount of Class A-3 Notes: | $231,000,000.00 |
| | (ii) | A-3 Note Pool Factor: | 1.0000000 |
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| (e) | (i) | Outstanding Principal Amount of Class A-4 Notes: | $59,747,000.00 |
| | (ii) | A-4 Note Pool Factor: | 1.0000000 |
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(5) | (a) | Amount of Servicing Fee: | $342,710.09 | |
| | (i) | per $1,000 original principal amount: | $0.42 |
| (b) | Amount of Servicing Fee earned: | $342,710.09 | |
| (c) | Amount of Servicing Fee paid: | $342,710.09 | |
| (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: | $683,776.74 | ||
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(11) | (i) | Amount in Reserve Account: | $7,740,994.34 | |
| (ii) | Specified Reserve Account Balance: | $7,740,994.34 | |
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(12) | (i) | Payoff Amount of Receivables 60 days or more past due: | $7,475,870.89 | |
| (ii) | Payoff Amount of Receivables 60 days or more past due as a % of the Pool Balance: | 1.90% | |
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(13) | (i) | Aggregate amount of net losses for the collection period: | $535,797.77 | |
| (ii) | Cumulative amount of net losses: | $2,983,085.95 | |
| (iii) | Cumulative net loss as a percent of Initial Pool Balance (Cumulative Net Loss Ratio): | 0.36% | |
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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: | $78,899.04 |
| | (ii) | % of Pool Balance: | 0.02% |
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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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