Capital One Prime Auto Receivables Trust 2022-1
04/15/2026 | Press release | Distributed by Public on 04/15/2026 10:08
Asset-Backed Issuer Distribution Report (Form 10-D)
CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2022-1
Statement to Securityholders
Determination Date: April 10, 2026
| Payment Date | 4/15/2026 | ||||
| Collection Period Start | 3/1/2026 | ||||
| Collection Period End | 3/31/2026 | ||||
| Interest Period Start | 3/16/2026 | ||||
| Interest Period End | 4/14/2026 | ||||
| Cut-Off Date Net Pool Balance | $ | 2,025,808,403.15 | |||
| Cut-Off Date Adjusted Pool Balance | $ | 1,899,077,623.74 | |||
I. DEAL SUMMARY
|
Beginning Note Balance |
Principal Payment | Ending Note Balance | Note Factor | Final Scheduled Payment Date | |||||||||||||
| Class A-1 Notes | $ | - | $ | - | $ | - | - | May-23 | |||||||||
| Class A-2 Notes | $ | - | $ | - | $ | - | - | Jun-25 | |||||||||
| Class A-3 Notes | $ | - | $ | - | $ | - | - | Apr-27 | |||||||||
| Class A-4 Notes | $ | 132,481,559.62 | $ | 132,481,559.62 | $ | - | - | Sep-27 | |||||||||
| Class B Notes | $ | 18,990,000.00 | $ | 18,990,000.00 | $ | - | - | Oct-27 | |||||||||
| Class C Notes | $ | 18,990,000.00 | $ | 18,990,000.00 | $ | - | - | Dec-27 | |||||||||
| Class D Notes | $ | 18,980,000.00 | $ | 18,980,000.00 | $ | - | - | Sep-28 | |||||||||
| Total Notes | $ | 189,441,559.62 | $ | 189,441,559.62 | $ | - | |||||||||||
| Beginning Balance | Ending Balance | Pool Factor | |||||||||||||||
| Net Pool Balance | $ | 203,121,561.70 | $ | 182,770,408.44 | 0.090221 | ||||||||||||
| YSOC Amount | $ | 8,932,308.02 | $ | 7,945,255.17 | |||||||||||||
| Adjusted Pool Balance | $ | 194,189,253.68 | $ | 174,825,153.27 | |||||||||||||
| Overcollateralization Amount (Adjusted Pool Balance - Note Balance) | $ | 4,747,694.06 | $ | 174,825,153.27 | |||||||||||||
| Reserve Account Balance | $ | 4,747,694.06 | $ | - | |||||||||||||
|
Beginning Note Balance |
Interest Rate | Accrual Methodology | Interest Payment | ||||||||||||||
| Class A-1 Notes | $ | - | 1.40500% | ACT/360 | $ | - | |||||||||||
| Class A-2 Notes | $ | - | 2.71000% | 30/360 | $ | - | |||||||||||
| Class A-3 Notes | $ | - | 3.17000% | 30/360 | $ | - | |||||||||||
| Class A-4 Notes | $ | 132,481,559.62 | 3.32000% | 30/360 | $ | 366,532.32 | |||||||||||
| Class B Notes | $ | 18,990,000.00 | 3.59000% | 30/360 | $ | 56,811.75 | |||||||||||
| Class C Notes | $ | 18,990,000.00 | 3.93000% | 30/360 | $ | 62,192.25 | |||||||||||
| Class D Notes | $ | 18,980,000.00 | 4.43000% | 30/360 | $ | 70,067.83 | |||||||||||
| Total Notes | $ | 189,441,559.62 | $ | 555,604.15 | |||||||||||||
II. COLLATERAL POOL BALANCE
| Beginning of Period | End of Period | |||||||
| Net Pool Balance | $ | 203,121,561.70 | $ | 182,770,408.44 | ||||
| Adjusted Pool Balance (Net Pool Balance - YSOC Amount) | $ | 194,189,253.68 | $ | 174,825,153.27 | ||||
| Number of Receivables Outstanding | 32,935 | 31,219 | ||||||
| Weighted Average Contract Rate | 3.65 | % | 3.66 | % | ||||
| Weighted Average Remaining Term (months) | 17.4 | 16.6 | ||||||
III. FUNDS AVAILABLE FOR DISTRIBUTION
| Available Funds: | |||||
| a. Collections | |||||
| Interest Collections | $ | 577,632.10 | |||
| Principal Collections | $ | 20,217,066.93 | |||
| Liquidation Proceeds | $ | 191,635.02 | |||
| b. Repurchase Price | $ | - | |||
| c. Optional Purchase Price | $ | 183,093,963.55 | |||
| d. Reserve Account Excess Amount | $ | 4,747,694.06 | |||
| Total Available Funds | $ | 208,827,991.66 | |||
| Reserve Account Draw Amount | $ | - | |||
| Total Funds Available for Distribution | $ | 208,827,991.66 | |||
IV. DISTRIBUTION
| Calculated Amount | Amount Paid | Shortfall | Carryover Shortfall | Remaining Available Funds | |||||||||||||
| Servicing Fee | $ | 169,267.97 | $ | 169,267.97 | $ | - | $ | - | $ | 208,658,723.69 | |||||||
| Interest - Class A-1 Notes | $ | - | $ | - | $ | - | $ | - | $ | 208,658,723.69 | |||||||
| Interest - Class A-2 Notes | $ | - | $ | - | $ | - | $ | - | $ | 208,658,723.69 | |||||||
| Interest - Class A-3 Notes | $ | - | $ | - | $ | - | $ | - | $ | 208,658,723.69 | |||||||
| Interest - Class A-4 Notes | $ | 366,532.32 | $ | 366,532.32 | $ | - | $ | - | $ | 208,292,191.37 | |||||||
| First Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 208,292,191.37 | |||||||
| Interest - Class B Notes | $ | 56,811.75 | $ | 56,811.75 | $ | - | $ | - | $ | 208,235,379.62 | |||||||
| Second Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 208,235,379.62 | |||||||
| Interest - Class C Notes | $ | 62,192.25 | $ | 62,192.25 | $ | - | $ | - | $ | 208,173,187.37 | |||||||
| Third Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 208,173,187.37 | |||||||
| Interest - Class D Notes | $ | 70,067.83 | $ | 70,067.83 | $ | - | $ | - | $ | 208,103,119.54 | |||||||
| Fourth Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 208,103,119.54 | |||||||
| Reserve Account Deposit Amount | $ | - | $ | - | $ | - | $ | - | $ | 208,103,119.54 | |||||||
| Regular Principal Distribution Amount | $ | 189,441,559.62 | $ | 189,441,559.62 | $ | - | $ | - | $ | 18,661,559.92 | |||||||
| Owner Trustee, Indenture Trustee, and ARR Fees & Expenses | $ | - | $ | - | $ | - | $ | - | $ | 18,661,559.92 | |||||||
| Remaining Funds to Certificates | $ | 18,661,559.92 | $ | 18,661,559.92 | $ | - | $ | - | $ | - | |||||||
| Total | $ | 208,827,991.66 | $ | 208,827,991.66 | $ | - | $ | - | |||||||||
V. OVERCOLLATERALIZATION INFORMATION
| Yield Supplement Overcollateralization Amount: | |||||
| Beginning Period YSOC Amount | $ | 8,932,308.02 | |||
| Increase/(Decrease) | $ | (987,052.85) | |||
| Ending YSOC Amount | $ | 7,945,255.17 | |||
| Overcollateralization: | Beginning of Period | End of Period | ||||||
| Adjusted Pool Balance | $ | 194,189,253.68 | $ | 174,825,153.27 | ||||
| Note Balance | $ | 189,441,559.62 | $ | - | ||||
| Overcollateralization (Adjusted Pool Balance - Note Balance) | $ | 4,747,694.06 | $ | 174,825,153.27 | ||||
| Target Overcollateralization Amount | $ | 4,747,694.06 | $ | 4,747,694.06 | ||||
| Overcollateralization Shortfall | $ | - | $ | - | ||||
VI. RESERVE ACCOUNT
| Specified Reserve Account Balance | $ | - | |||
| Beginning Reserve Account Balance | $ | 4,747,694.06 | |||
| Reserve Account Deposit Amount | $ | - | |||
| Reserve Account Draw Amount | $ | - | |||
| Reserve Account Excess Amount | $ | 4,747,694.06 | |||
| Ending Reserve Account Balance | $ | - | |||
VII. NET LOSS AND DELINQUENT RECEIVABLES
| Net Loss: | % of EOP Net Pool Balance | # of Receivables | Amount | ||||||||
|
Defaulted Receivables during Collection Period (Principal Balance)1
|
0.07% | 17 | $ | 134,086.33 | |||||||
|
Liquidation Proceeds of Defaulted Receivables2
|
0.10% | 249 | $ | 191,635.02 | |||||||
| Monthly Net Losses (Liquidation Proceeds) | $ | (57,548.69) | |||||||||
| Net Losses as % of Average Pool Balance (annualized) | |||||||||||
| Third Preceding Collection Period | (0.26) | % | |||||||||
| Second Preceding Collection Period | 0.02 | % | |||||||||
| Preceding Collection Period | (0.37) | % | |||||||||
| Current Collection Period | (0.36) | % | |||||||||
| Four-Month Average Net Loss Ratio | (0.24) | % | |||||||||
| Cumulative Net Losses for All Periods | $ | 4,905,363.03 | |||||||||
| Cumulative Net Loss Ratio | 0.24 | % | |||||||||
|
1 The # of Receivables reported as Defaulted does not include any Receivables that have been paid off or have matured and were either paid in full or had a remaining balance of $10.00 or less following the final payment.
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2 Liquidation Proceeds include all proceeds on a receivable after it has been charged-off.
|
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| Delinquent Receivables: | % of EOP Net Pool Balance | # of Receivables | Principal Balance | ||||||||
| 30-59 Days Delinquent | 0.63% | 131 | $ | 1,144,079.83 | |||||||
| 60-89 Days Delinquent | 0.14% | 32 | $ | 256,277.87 | |||||||
| 90-119 Days Delinquent | 0.05% | 13 | $ | 94,734.80 | |||||||
| 120+ Days Delinquent | 0.00% | 0 | $ | - | |||||||
| Total Delinquent Receivables | 0.82% | 176 | $ | 1,495,092.50 | |||||||
| Repossession Inventory: | # of Receivables | Principal Balance | |||||||||
| Repossessed in the Current Collection Period | 13 | $ | 119,627.87 | ||||||||
| Total Repossessed Inventory | 21 | $ | 220,215.86 | ||||||||
| 60+ Delinquency Percentage: | # of Receivables | Amount | |||||||||
| 60+ Day Delinquent Receivables | 45 | $ | 351,012.67 | ||||||||
| 60+ Delinquencies as % of EOP Net Pool Balance | |||||||||||
| Third Preceding Collection Period | 0.31 | % | |||||||||
| Second Preceding Collection Period | 0.24 | % | |||||||||
| Preceding Collection Period | 0.23 | % | |||||||||
| Current Collection Period | 0.19 | % | |||||||||
| Delinquency Trigger | 4.50 | % | |||||||||
| Current Delinquency Percentage Exceeds Delinquency Trigger? (Yes/No) | No | ||||||||||
VIII. TEMPORARY FORBEARANCE
The table below presents accounts which received a short-term payment extension in the month of March 2026.
| Month-End Balance | # of Receivables | |||||||||||||
| ($MM) | (%) | (#) | (%) | |||||||||||
| Total Extensions | 0.41 | 0.22% | 47 | 0.15% | ||||||||||
Capital One Prime Auto Receivables Trust 2022-1 published this content on April 15, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 15, 2026 at 16:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]