UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from January 1, 2021 through January 31, 2021

Commission File Number of issuing entity: 333-207639-03

Central Index Key Number of Issuing Entity: 0001694276

California Republic Auto Receivables Trust 2017-1

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-207639

Central Index Key Number of Depositor: 0001561326

California Republic Funding, LLC

(Exact name of depositor as specified in its charter)

Central Index Key Number of Sponsor: 0001603949

Mechanics Bank

(Exact name of sponsor as specified in its charter)


Delaware		38-7175578
(State or other jurisdiction of incorporation or organization of the issuing entity)		(I.R.S. Employer Identification No.)

1111 Civic Drive, Suite 390, Walnut Creek, CA		94596
(Address of principal executive offices of the issuing entity)		(Zip Code)

(925) 482-8000

(Telephone number, including area code)

N/A

(Former name, former address, if changed since last report)


		Registered/reporting pursuant to (check one)		Name of exchange
Title of class	Section 12(b)	Section 12(g)	Section 15(d)	(If Section 12(b))
Class A-1	☐	☐	☒	☐
Class A-2	☐	☐	☒	☐
Class A-3	☐	☐	☒	☐
Class A-4	☐	☐	☒	☐
Class B	☐	☐	☒	☐
Class C	☐	☐	☒	☐

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

Distribution and pool performance information with respect to the receivables that comprise the assets of the California Republic Auto Receivables Trust 2017-1 is set forth in the Servicer’s Certificate and Monthly Servicer Report for the February 16, 2021 distribution date, attached as Exhibit 99.1.

Reference is made to the Form ABS-15G filed by California Republic Funding, LLC with the Securities and Exchange Commission on February 4, 2020 and to the information reported for the period indicated in the report regarding any repurchase requests across all trusts for which California Republic Funding, LLC is the depositor. The CIK number of California Republic Funding, LLC is 0001561326.

Item 1A. Asset-Level Information

Asset-level data for the reporting period covered by this Form 10-D is included in Exhibit 102 to the Form ABS-EE filed by the issuing entity with the Securities and Exchange Commission on February 16, 2021 (the “Form ABS-EE”) and is incorporated by reference into this Form 10-D. Additional asset-level information or explanatory language is included in Exhibit 103 to the Form ABS-EE and is also incorporated by reference into this Form 10-D.

PART II – OTHER INFORMATION

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Form 10-D:

Exhibit 99.1 – Servicer’s Certificate and Monthly Servicer Report.

Exhibit 102 – Asset Data File (filed as Exhibit 102 to the Form ABS-EE filed on February 16, 2021 under Commission File No. 333-207639-03 and incorporated by reference herein).

Exhibit 103 – Asset related document (filed as Exhibit 103 to the Form ABS-EE filed on February 16, 2021 under Commission File No. 333-207639-03 and incorporated by reference herein).

(b) The Exhibit Index immediately precedes the signature page hereof.

EXHIBIT INDEX


Exhibit
Number		Description

Exhibit 99.1		Servicer’s Certificate and Monthly Servicer Report.

Exhibit 102		Asset Data File (filed as Exhibit 102 to the Form ABS-EE filed on February 16, 2021 under Commission File No. 333-207639-03 and incorporated by reference herein).

Exhibit 103		Asset related document (filed as Exhibit 103 to the Form ABS-EE filed on February 16, 2021 under Commission File No. 333-207639-03 and incorporated by reference herein).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

California Republic Funding, LLC

(Depositor)

/s/ Nathan J. Duda

Nathan J. Duda

EVP, Chief Financial Officer

Date: February 16, 2021

California Republic Auto Receivables Trust 2017-1 10-D