Dates Covered
|
|
|
|
|
|
|
|
|
|
Collections Period
|
|
|
03/01/24 - 03/31/24
|
|
|
|
|
|
|
|
|
|
Interest Accrual Period
|
|
|
03/15/24 - 04/14/24
|
|
|
|
|
|
|
|
|
|
30/360 Days
|
|
|
30
|
|
|
|
|
|
|
|
|
|
Actual/360 Days
|
|
|
31
|
|
|
|
|
|
|
|
|
|
Distribution Date
|
|
|
04/15/24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Collateral Pool Balance Data
|
|
$ Amount
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Balance at 02/29/24
|
|
|
201,379,835.39
|
|
|
|
19,858
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount 02/29/24
|
|
|
3,043,988.04
|
|
|
|
0
|
|
|
|
|
|
Receivables Balance 02/29/24
|
|
|
204,423,823.43
|
|
|
|
19,858
|
|
|
|
|
|
Principal Payments
|
|
|
12,436,947.87
|
|
|
|
531
|
|
|
|
|
|
Defaulted Receivables
|
|
|
175,302.10
|
|
|
|
11
|
|
|
|
|
|
Repurchased Accounts
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Yield Supplement Overcollateralization Amount at 03/31/24
|
|
|
2,734,887.63
|
|
|
|
0
|
|
|
|
|
|
Pool Balance at 03/31/24
|
|
|
189,076,685.83
|
|
|
|
19,316
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pool Statistics
|
|
|
$ Amount
|
|
|
|
# of Accounts
|
|
|
|
|
|
Pool Factor
|
|
|
14.55
|
%
|
|
|
|
|
|
|
|
|
Prepayment ABS Speed
|
|
|
1.12
|
%
|
|
|
|
|
|
|
|
|
Aggregate Starting Principal Balance
|
|
|
1,318,405,815.29
|
|
|
|
46,124
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delinquent Receivables:
|
|
|
|
|
|
|
|
|
|
|
|
|
Past Due 31-60 days
|
|
|
2,421,908.08
|
|
|
|
168
|
|
|
|
|
|
Past Due 61-90 days
|
|
|
677,081.86
|
|
|
|
45
|
|
|
|
|
|
Past Due 91-120 days
|
|
|
120,445.76
|
|
|
|
10
|
|
|
|
|
|
Past Due 121+ days
|
|
|
0.00
|
|
|
|
0
|
|
|
|
|
|
Total
|
|
|
3,219,435.70
|
|
|
|
223
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total 31+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
1.68
|
%
|
|
|
|
|
|
|
|
|
Total 61+ Delinquent as % Aggregate Ending Principal Balance
|
|
|
0.42
|
%
|
|
|
|
|
|
|
|
|
Delinquency Trigger Occurred
|
|
|
NO
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recoveries
|
|
|
176,781.59
|
|
|
|
|
|
|
|
|
|
Aggregate Net Losses/(Gains) - March 2024
|
|
|
(1,479.49
|
)
|
|
|
|
|
|
|
|
|
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Net Losses/(Gains) Ratio
|
|
|
-0.01
|
%
|
|
|
|
|
|
|
|
|
Prior Net Losses/(Gains) Ratio
|
|
|
-0.58
|
%
|
|
|
|
|
|
|
|
|
Second Prior Net Losses/(Gains) Ratio
|
|
|
0.61
|
%
|
|
|
|
|
|
|
|
|
Third Prior Net Losses/(Gains) Ratio
|
|
|
0.32
|
%
|
|
|
|
|
|
|
|
|
Four Month Average
|
|
|
0.09
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cumulative Net Loss as a % of Aggregate Starting Principal Balance
|
|
|
0.33
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Overcollateralization Target Amount
|
|
|
6,324,057.64
|
|
|
|
|
|
|
|
|
|
Actual Overcollateralization
|
|
|
6,324,057.64
|
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate
|
|
|
4.10
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Contract Rate, Yield Adjusted
|
|
|
5.71
|
%
|
|
|
|
|
|
|
|
|
Weighted Average Remaining Term
|
|
|
23.67
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Flow of Funds
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Collections
|
|
|
13,268,206.27
|
|
|
|
|
|
|
|
|
|
Investment Earnings on Cash Accounts
|
|
|
58,015.06
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
(170,353.19
|
)
|
|
|
|
|
|
|
|
|
Transfer to Collection Account
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Available Funds
|
|
|
13,155,868.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distributions of Available Funds
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
(2) Class A Interest
|
|
|
66,688.14
|
|
|
|
|
|
|
|
|
|
(3) Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
(4) Class B Interest
|
|
|
27,383.25
|
|
|
|
|
|
|
|
|
|
(5) Noteholders' Second Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
(6) Class C Interest
|
|
|
21,892.50
|
|
|
|
|
|
|
|
|
|
(7) Noteholders' Third Priority Principal Distributable Amount
|
|
|
5,979,091.92
|
|
|
|
|
|
|
|
|
|
(8) Required Reserve Account
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
(9) Noteholders' Principal Distributable Amount
|
|
|
6,324,057.64
|
|
|
|
|
|
|
|
|
|
(10) Asset Representation Reviewer Amounts (in excess of 1)
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
(11) Distribution to Certificateholders
|
|
|
736,754.69
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Distributions of Available Funds
|
|
|
13,155,868.14
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Servicing Fee
|
|
|
170,353.19
|
|
|
|
|
|
|
|
|
|
Unpaid Servicing Fee
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Change in amount of the unpaid servicing fee from the prior period
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distribution per $1,000 of Notes
|
|
Total
|
|
|
|
|
|
|
|
|
|
Total Interest Distribution Amount
|
|
|
0.0923471
|
|
|
|
|
|
|
|
|
|
Total Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total Principal Distribution Amount
|
|
|
9.7975294
|
|
|
|
|
|
|
|
|
|
Total Distribution Amount
|
|
|
9.8898765
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
0.0324118
|
|
|
|
|
|
|
|
|
|
A-3 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-3 Principal Distribution Amount
|
|
|
29.5244884
|
|
|
|
|
|
|
|
|
|
Total A-3 Distribution Amount
|
|
|
29.5569002
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
A-4 Interest Distribution Amount
|
|
|
0.5083333
|
|
|
|
|
|
|
|
|
|
A-4 Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
A-4 Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total A-4 Distribution Amount
|
|
|
0.5083333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B Interest Distribution Amount
|
|
|
0.7250000
|
|
|
|
|
|
|
|
|
|
B Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
B Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total B Distribution Amount
|
|
|
0.7250000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C Interest Distribution Amount
|
|
|
1.1583333
|
|
|
|
|
|
|
|
|
|
C Interest Carryover Shortfall
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
C Principal Distribution Amount
|
|
|
0.0000000
|
|
|
|
|
|
|
|
|
|
Total C Distribution Amount
|
|
|
1.1583333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noteholders' First Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Second Priority Principal Distributable Amount
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
Noteholders' Third Priority Principal Distributable Amount
|
|
|
485.98
|
|
|
|
|
|
|
|
|
|
Noteholders' Principal Distributable Amount
|
|
|
514.02
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Account Balances
|
|
$ Amount
|
|
|
|
|
|
|
|
|
|
Reserve Account
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of 03/15/24
|
|
|
12,588,844.52
|
|
|
|
|
|
|
|
|
|
Investment Earnings
|
|
|
56,077.08
|
|
|
|
|
|
|
|
|
|
Investment Earnings Paid
|
|
|
(56,077.08
|
)
|
|
|
|
|
|
|
|
|
Deposit/(Withdrawal)
|
|
|
-
|
|
|
|
|
|
|
|
|
|
Balance as of 04/15/24
|
|
|
12,588,844.52
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Required Reserve Amount
|
|
|
12,588,844.52
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Servicing Information
|
|
Current Month
|
|
|
Prior Month
|
|
|
Two Months Prior
|
|
Principal Balance of Receivables extended during the Collection Period
|
|
$
|
801,727.24
|
|
|
$
|
819,754.43
|
|
|
$
|
1,137,146.80
|
|
Number of Extensions
|
|
|
60
|
|
|
|
57
|
|
|
|
75
|
|
Ratio of extensions to Beginning of Period Receivables Balance
|
|
|
0.39
|
%
|
|
|
0.38
|
%
|
|
|
0.49
|
%
|