Dates Covered
|
|
|
|
|
|
|
|
|
|
Collections Period
|
|
|
02/01/24 - 02/29/24
|
|
|
|
|
|
|
|
|
|
Interest Accrual Period
|
|
|
02/15/24 - 03/14/24
|
|
|
|
|
|
|
|
|
|
30/360 Days
|
|
|
30
|
|
|
|
|
|
|
|
|
|
Actual/360 Days
|
|
|
29
|
|
|
|
|
|
|
|
|
|
Distribution Date
|
|
|
03/15/24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collateral Pool Balance Data
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Balance at 01/31/24
|
|
|
296,484,576.96
|
|
|
|
21,505
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount 01/31/24
|
|
|
5,377,788.10
|
|
|
|
0
|
|
|
|
|
|
Receivables Balance 01/31/24
|
|
|
301,862,365.06
|
|
|
|
21,505
|
|
|
|
|
|
Principal Payments
|
|
|
13,707,157.20
|
|
|
|
302
|
|
|
|
|
|
Defaulted Receivables
|
|
|
390,736.53
|
|
|
|
20
|
|
|
|
|
|
Repurchased Accounts
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount at 02/29/24
|
|
|
4,950,700.54
|
|
|
|
0
|
|
|
|
|
|
Pool Balance at 02/29/24
|
|
|
282,813,770.79
|
|
|
|
21,183
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Statistics
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Factor
|
|
|
26.09
|
%
|
|
|
|
|
|
|
|
|
Prepayment ABS Speed
|
|
|
1.04
|
%
|
|
|
|
|
|
|
|
|
Aggregate Starting Principal Balance
|
|
|
1,102,919,763.19
|
|
|
|
38,162
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Past Due 31-60 days
|
|
|
4,260,455.97
|
|
|
|
226
|
|
|
|
|
|
Past Due 61-90 days
|
|
|
1,604,682.19
|
|
|
|
79
|
|
|
|
|
|
Past Due 91-120 days
|
|
|
423,938.21
|
|
|
|
23
|
|
|
|
|
|
Past Due 121+ days
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Total
|
|
|
6,289,076.37
|
|
|
|
328
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
2.19
|
%
|
|
|
|
|
|
|
|
|
Total 61+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
0.70
|
%
|
|
|
|
|
|
|
|
|
Delinquency Trigger Occurred
|
|
|
NO
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recoveries
|
|
|
386,331.60
|
|
|
|
|
|
|
|
|
|
Aggregate Net Losses/(Gains) - February 2024
|
|
|
4,404.93
|
|
|
|
|
|
|
|
|
|
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Net Losses/(Gains) Ratio
|
|
|
0.02
|
%
|
|
|
|
|
|
|
|
|
Prior Net Losses/(Gains) Ratio
|
|
|
0.04
|
%
|
|
|
|
|
|
|
|
|
Second Prior Net Losses/(Gains) Ratio
|
|
|
0.35
|
%
|
|
|
|
|
|
|
|
|
Third Prior Net Losses/(Gains) Ratio
|
|
|
0.21
|
%
|
|
|
|
|
|
|
|
|
Four Month Average
|
|
|
0.16
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Net Loss as a % of Aggregate Starting Principal Balance
|
|
|
0.37
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target Amount
|
|
|
5,319,305.21
|
|
|
|
|
|
|
|
|
|
Actual Overcollateralization
|
|
|
5,319,305.21
|
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate
|
|
|
3.96
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate, Yield Adjusted
|
|
|
5.48
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Remaining Term
|
|
|
31.22
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flow of Funds
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Collections
|
|
|
15,083,081.00
|
|
|
|
|
|
|
|
|
|
Investment Earnings on Cash Accounts
|
|
|
13,341.91
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
(251,551.97
|
)
|
|
|
|
|
|
|
|
|
Transfer to Collection Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Available Funds
|
|
|
14,844,870.94
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions of Available Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(2) Class A Interest
|
|
|
106,896.10
|
|
|
|
|
|
|
|
|
|
(3) Noteholders' First Priority Principal Distributable Amount
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(4) Class B Interest
|
|
|
27,664.00
|
|
|
|
|
|
|
|
|
|
(5) Noteholders' Second Priority Principal Distributable Amount
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(6) Class C Interest
|
|
|
17,157.00
|
|
|
|
|
|
|
|
|
|
(7) Noteholders' Third Priority Principal Distributable Amount
|
|
|
8,351,500.96
|
|
|
|
|
|
|
|
|
|
(8) Required Reserve Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(9) Noteholders' Principal Distributable Amount
|
|
|
5,319,305.21
|
|
|
|
|
|
|
|
|
|
(10) Asset Representation Reviewer Amounts (in excess of 1)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
(11) Distribution to Certificateholders
|
|
|
1,022,347.67
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distributions of Available Funds
|
|
|
14,844,870.94
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
251,551.97
|
|
|
|
|
|
|
|
|
|
Unpaid Servicing Fee
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Change in amount of the unpaid servicing fee from the prior period
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Class C
|
|
|
|
|
|
|
|
|
|
|
|
|
Coupon
|
|
|
1.29000
|
%
|
|
|
|
|
|
|
|
|
Interest Paid
|
|
|
17,157.00
|
|
|
|
|
|
|
|
|
|
Principal Paid
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Total Paid to C Holders
|
|
|
17,157.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distribution per $1,000 of Notes
|
|
|
Total
|
|
|
|
|
|
|
|
|
|
Total Interest Distribution Amount
|
|
|
0.1429675
|
|
|
|
|
|
|
|
|
|
Total Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total Principal Distribution Amount
|
|
|
12.8824031
|
|
|
|
|
|
|
|
|
|
Total Distribution Amount
|
|
|
13.0253706
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-1 Interest Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-1 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-1 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-1 Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-2 Interest Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-2 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-2 Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-3 Interest Distribution Amount
|
|
|
0.1394326
|
|
|
|
|
|
|
|
|
|
A-3 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-3 Principal Distribution Amount
|
|
|
37.1408557
|
|
|
|
|
|
|
|
|
|
Total A-3 Distribution Amount
|
|
|
37.2802883
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-4 Interest Distribution Amount
|
|
|
0.5750000
|
|
|
|
|
|
|
|
|
|
A-4 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-4 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-4 Distribution Amount
|
|
|
0.5750000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B Interest Distribution Amount
|
|
|
0.8666667
|
|
|
|
|
|
|
|
|
|
B Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
B Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total B Distribution Amount
|
|
|
0.8666667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C Interest Distribution Amount
|
|
|
1.0750000
|
|
|
|
|
|
|
|
|
|
C Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
C Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total C Distribution Amount
|
|
|
1.0750000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Second Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Third Priority Principal Distributable Amount
|
|
|
610.90
|
|
|
|
|
|
|
|
|
|
Noteholders' Principal Distributable Amount
|
|
|
389.10
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Account Balances
|
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Reserve Account
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 02/15/24
|
|
|
2,659,652.60
|
|
|
|
|
|
|
|
|
|
Investment Earnings
|
|
|
11,024.62
|
|
|
|
|
|
|
|
|
|
Investment Earnings Paid
|
|
|
(11,024.62
|
)
|
|
|
|
|
|
|
|
|
Deposit/(Withdrawal)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Balance as of 03/15/24
|
|
|
2,659,652.60
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Required Reserve Amount
|
|
|
2,659,652.60
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Servicing Information
|
|
|
Current Month
|
|
|
|
Prior Month
|
|
|
|
Two Months Prior
|
|
Principal Balance of Receivables extended during the Collection Period
|
|
$
|
1,838,536.50
|
|
|
$
|
1,924,793.20
|
|
|
$
|
2,513,062.69
|
|
Number of Extensions
|
|
|
98
|
|
|
|
103
|
|
|
|
133
|
|
Ratio of extensions to Beginning of Period Receivables Balance
|
|
|
0.61
|
%
|
|
|
0.61
|
%
|
|
|
0.76
|
%
|