Capital One Prime Auto Receivables Trust 2022-2
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 2022-2
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 | $ | 2,066,663,591.84 | |||
| Cut-Off Date Adjusted Pool Balance | $ | 1,899,113,714.12 | |||
I. DEAL SUMMARY
|
Beginning Note Balance |
Principal Payment | Ending Note Balance | Note Factor | Final Scheduled Payment Date | |||||||||||||
| Class A-1 Notes | $ | - | $ | - | $ | - | - | Aug-23 | |||||||||
| Class A-2a Notes | $ | - | $ | - | $ | - | - | Sep-25 | |||||||||
| Class A-2b Notes | $ | - | $ | - | $ | - | - | Sep-25 | |||||||||
| Class A-3 Notes | $ | 19,209,473.02 | $ | 19,209,473.02 | $ | - | - | May-27 | |||||||||
| Class A-4 Notes | $ | 160,110,000.00 | $ | 2,910,060.92 | $ | 157,199,939.08 | 0.981825 | Dec-27 | |||||||||
| Class B Notes | $ | 19,000,000.00 | $ | - | $ | 19,000,000.00 | 1.000000 | Jan-28 | |||||||||
| Class C Notes | $ | 19,000,000.00 | $ | - | $ | 19,000,000.00 | 1.000000 | Feb-28 | |||||||||
| Class D Notes | $ | 19,000,000.00 | $ | - | $ | 19,000,000.00 | 1.000000 | Nov-28 | |||||||||
| Total Notes | $ | 236,319,473.02 | $ | 22,119,533.94 | $ | 214,199,939.08 | |||||||||||
| Beginning Balance | Ending Balance | Pool Factor | |||||||||||||||
| Net Pool Balance | $ | 256,464,214.73 | $ | 232,801,609.25 | 0.112646 | ||||||||||||
| YSOC Amount | $ | 15,396,957.42 | $ | 13,853,885.88 | |||||||||||||
| Adjusted Pool Balance | $ | 241,067,257.31 | $ | 218,947,723.37 | |||||||||||||
| Overcollateralization Amount (Adjusted Pool Balance - Note Balance) | $ | 4,747,784.29 | $ | 4,747,784.29 | |||||||||||||
| Reserve Account Balance | $ | 4,747,784.29 | $ | 4,747,784.29 | |||||||||||||
|
Beginning Note Balance |
Interest Rate | Accrual Methodology | Interest Payment | ||||||||||||||
| Class A-1 Notes | $ | - | 2.87200% | ACT/360 | $ | - | |||||||||||
| Class A-2a Notes | $ | - | 3.74000% | 30/360 | $ | - | |||||||||||
| Class A-2b Notes | $ | - | 4.32223% | ACT/360 | $ | - | |||||||||||
| Class A-3 Notes | $ | 19,209,473.02 | 3.66000% | 30/360 | $ | 58,588.89 | |||||||||||
| Class A-4 Notes | $ | 160,110,000.00 | 3.69000% | 30/360 | $ | 492,338.25 | |||||||||||
| Class B Notes | $ | 19,000,000.00 | 4.27000% | 30/360 | $ | 67,608.33 | |||||||||||
| Class C Notes | $ | 19,000,000.00 | 4.67000% | 30/360 | $ | 73,941.67 | |||||||||||
| Class D Notes | $ | 19,000,000.00 | 5.40000% | 30/360 | $ | 85,500.00 | |||||||||||
| Total Notes | $ | 236,319,473.02 | $ | 777,977.14 | |||||||||||||
II. COLLATERAL POOL BALANCE
| Beginning of Period | End of Period | |||||||
| Net Pool Balance | $ | 256,464,214.73 | $ | 232,801,609.25 | ||||
| Adjusted Pool Balance (Net Pool Balance - YSOC Amount) | $ | 241,067,257.31 | $ | 218,947,723.37 | ||||
| Number of Receivables Outstanding | 36,575 | 34,919 | ||||||
| Weighted Average Contract Rate | 3.60 | % | 3.61 | % | ||||
| Weighted Average Remaining Term (months) | 19.1 | 18.3 | ||||||
III. FUNDS AVAILABLE FOR DISTRIBUTION
| Available Funds: | |||||
| a. Collections | |||||
| Interest Collections | $ | 720,484.72 | |||
| Principal Collections | $ | 23,350,107.46 | |||
| Liquidation Proceeds | $ | 266,179.76 | |||
| b. Repurchase Price | $ | - | |||
| c. Optional Purchase Price | $ | - | |||
| d. Reserve Account Excess Amount | $ | - | |||
| Total Available Funds | $ | 24,336,771.94 | |||
| Reserve Account Draw Amount | $ | - | |||
| Total Funds Available for Distribution | $ | 24,336,771.94 | |||
IV. DISTRIBUTION
| Calculated Amount | Amount Paid | Shortfall | Carryover Shortfall | Remaining Available Funds | |||||||||||||
| Servicing Fee | $ | 213,720.18 | $ | 213,720.18 | $ | - | $ | - | $ | 24,123,051.76 | |||||||
| Interest - Class A-1 Notes | $ | - | $ | - | $ | - | $ | - | $ | 24,123,051.76 | |||||||
| Interest - Class A-2a Notes | $ | - | $ | - | $ | - | $ | - | $ | 24,123,051.76 | |||||||
| Interest - Class A-2b Notes | $ | - | $ | - | $ | - | $ | - | $ | 24,123,051.76 | |||||||
| Interest - Class A-3 Notes | $ | 58,588.89 | $ | 58,588.89 | $ | - | $ | - | $ | 24,064,462.87 | |||||||
| Interest - Class A-4 Notes | $ | 492,338.25 | $ | 492,338.25 | $ | - | $ | - | $ | 23,572,124.62 | |||||||
| First Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 23,572,124.62 | |||||||
| Interest - Class B Notes | $ | 67,608.33 | $ | 67,608.33 | $ | - | $ | - | $ | 23,504,516.29 | |||||||
| Second Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 23,504,516.29 | |||||||
| Interest - Class C Notes | $ | 73,941.67 | $ | 73,941.67 | $ | - | $ | - | $ | 23,430,574.62 | |||||||
| Third Allocation of Principal | $ | - | $ | - | $ | - | $ | - | $ | 23,430,574.62 | |||||||
| Interest - Class D Notes | $ | 85,500.00 | $ | 85,500.00 | $ | - | $ | - | $ | 23,345,074.62 | |||||||
| Fourth Allocation of Principal | $ | 17,371,749.65 | $ | 17,371,749.65 | $ | - | $ | - | $ | 5,973,324.97 | |||||||
| Reserve Account Deposit Amount | $ | - | $ | - | $ | - | $ | - | $ | 5,973,324.97 | |||||||
| Regular Principal Distribution Amount | $ | 4,747,784.29 | $ | 4,747,784.29 | $ | - | $ | - | $ | 1,225,540.68 | |||||||
| Owner Trustee, Indenture Trustee, and ARR Fees & Expenses | $ | - | $ | - | $ | - | $ | - | $ | 1,225,540.68 | |||||||
| Remaining Funds to Certificates | $ | 1,225,540.68 | $ | 1,225,540.68 | $ | - | $ | - | $ | - | |||||||
| Total | $ | 24,336,771.94 | $ | 24,336,771.94 | $ | - | $ | - | |||||||||
V. OVERCOLLATERALIZATION INFORMATION
| Yield Supplement Overcollateralization Amount: | |||||
| Beginning Period YSOC Amount | $ | 15,396,957.42 | |||
| Increase/(Decrease) | $ | (1,543,071.54) | |||
| Ending YSOC Amount | $ | 13,853,885.88 | |||
| Overcollateralization: | Beginning of Period | End of Period | ||||||
| Adjusted Pool Balance | $ | 241,067,257.31 | $ | 218,947,723.37 | ||||
| Note Balance | $ | 236,319,473.02 | $ | 214,199,939.08 | ||||
| Overcollateralization (Adjusted Pool Balance - Note Balance) | $ | 4,747,784.29 | $ | 4,747,784.29 | ||||
| Target Overcollateralization Amount | $ | 4,747,784.29 | $ | 4,747,784.29 | ||||
| Overcollateralization Shortfall | $ | - | $ | - | ||||
VI. RESERVE ACCOUNT
| Specified Reserve Account Balance | $ | 4,747,784.29 | |||
| Beginning Reserve Account Balance | $ | 4,747,784.29 | |||
| Reserve Account Deposit Amount | $ | - | |||
| Reserve Account Draw Amount | $ | - | |||
| Reserve Account Excess Amount | $ | - | |||
| Ending Reserve Account Balance | $ | 4,747,784.29 | |||
VII. NET LOSS AND DELINQUENT RECEIVABLES
| Net Loss: | % of EOP Net Pool Balance | # of Receivables | Amount | ||||||||
|
Defaulted Receivables during Collection Period (Principal Balance)1
|
0.13% | 20 | $ | 312,498.02 | |||||||
|
Liquidation Proceeds of Defaulted Receivables2
|
0.11% | 302 | $ | 266,179.76 | |||||||
| Monthly Net Losses (Liquidation Proceeds) | $ | 46,318.26 | |||||||||
| Net Losses as % of Average Pool Balance (annualized) | |||||||||||
| Third Preceding Collection Period | (0.20) | % | |||||||||
| Second Preceding Collection Period | 0.02 | % | |||||||||
| Preceding Collection Period | (0.05) | % | |||||||||
| Current Collection Period | 0.23 | % | |||||||||
| Four-Month Average Net Loss Ratio | 0.00 | % | |||||||||
| Cumulative Net Losses for All Periods | $ | 5,933,061.40 | |||||||||
| Cumulative Net Loss Ratio | 0.29 | % | |||||||||
|
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.
|
|||||||||||
|
2 Liquidation Proceeds include all proceeds on a receivable after it has been charged-off.
|
|||||||||||
| Delinquent Receivables: | % of EOP Net Pool Balance | # of Receivables | Principal Balance | ||||||||
| 30-59 Days Delinquent | 0.56% | 142 | $ | 1,308,058.00 | |||||||
| 60-89 Days Delinquent | 0.19% | 40 | $ | 441,320.79 | |||||||
| 90-119 Days Delinquent | 0.07% | 15 | $ | 160,192.72 | |||||||
| 120+ Days Delinquent | 0.00% | 0 | $ | - | |||||||
| Total Delinquent Receivables | 0.82% | 197 | $ | 1,909,571.51 | |||||||
| Repossession Inventory: | # of Receivables | Principal Balance | |||||||||
| Repossessed in the Current Collection Period | 11 | $ | 170,518.44 | ||||||||
| Total Repossessed Inventory | 18 | $ | 254,755.46 | ||||||||
| 60+ Delinquency Percentage: | # of Receivables | Amount | |||||||||
| 60+ Day Delinquent Receivables | 55 | $ | 601,513.51 | ||||||||
| 60+ Delinquencies as % of EOP Net Pool Balance | |||||||||||
| Third Preceding Collection Period | 0.31 | % | |||||||||
| Second Preceding Collection Period | 0.32 | % | |||||||||
| Preceding Collection Period | 0.28 | % | |||||||||
| Current Collection Period | 0.26 | % | |||||||||
| 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 | 0.43 | 0.19% | 45 | 0.13% | ||||||||||
Capital One Prime Auto Receivables Trust 2022-2 published this content on April 15, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 15, 2026 at 16:09 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]