Company: ATLCL
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-033947
Chunk: 26

Company: Atlanticus Holdings Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 26
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 Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. The table below summarizes (in thousands) by fair value hierarchy the  September 30, 2025 and  December 31, 2024 fair values and carrying amounts of (1) our assets that are carried at fair value in our condensed consolidated financial statements and (2) our assets not carried at fair value, but for which fair value disclosures are required:

     Assets – As of September 30, 2025 (1)   Quoted Prices in Active Markets for Identical Assets (Level 1)    Significant Other Observable Inputs (Level 2)    Significant Unobservable Inputs (Level 3)    Carrying Amount of Assets  
 Loans at amortized cost, net for which it is practicable to estimate fair value and which are carried at net amortized cost  $—  $—  $100,062  $85,004 
 Loans at fair value  $—  $—  $6,350,009  $6,350,009 

   (1)For cash, deposits and investments in equity securities, the carrying amount is a reasonable estimate of fair value.

     Assets – As of December 31, 2024 (1)   Quoted Prices in Active Markets for Identical Assets (Level 1)    Significant Other Observable Inputs (Level 2)    Significant Unobservable Inputs (Level 3)    Carrying Amount of Assets  
 Loans at amortized cost, net for which it is practicable to estimate fair value and which are carried at net amortized cost  $—  $—  $95,871  $84,332 
 Loans at fair value  $—  $—  $2,630,274  $2,630,274 

    (1)  For cash, deposits and investments in equity securities, the carrying amount is a reasonable estimate of fair value. 

   For those asset classes above that are carried at fair value in our condensed consolidated financial statements, gains and losses associated with fair value changes are detailed on our condensed consolidated statements of income as a component of Changes in fair value of loans. Variations in the three month U.S. Treasury bill rate over the measurement period are used to determine the portion of change in fair value considered