Company: CPSS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003436
Chunk: 69

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 2
Chunk 69
---
 (Dollars in thousands) 

    Annualized  

    Annualized 

    Average  
       
    Average  
    Average  
       
    Average 

    Balance (1)  
    Interest  
    Yield/Rate  
    Balance (1)  
    Interest  
    Yield/Rate 
  
    Interest Earning Assets 

    Loan Portfolio 
    $3,572,642  
    $101,933  
     11.4%  
    $2,993,816  
    $84,288  
     11.3% 

    Interest Bearing Liabilities 

    Warehouse lines of credit 
    $275,816  
    $6,513  
     9.4%  
    $164,883  
     4,321  
     10.5% 
  
    Residual interest financing 
     108,667  
     2,715  
     10.0%  
     67,033  
     1,209  
     7.2% 
  
    Securitization trust debt 
     2,861,870  
     45,044  
     6.3%  
     2,388,146  
     35,932  
     6.0% 
  
    Subordinated renewable notes 
     26,945  
     646  
     9.6%  
     20,842  
     506  
     9.7% 

    $3,273,298  
    $54,918  
     6.7%  
    $2,640,904  
    $41,968  
     6.4% 

    Net interest income/spread 
        
    $47,015  

    $42,320  

    Net interest yield (2) 

     4.7%  

     4.9% 
  
    Ratio of average interest earning assets to average interest bearing liabilities 

     109%  

     113% 

     (1)  Average balances are based on month end balances except for warehouse lines of credit, which are based on daily balances.

     (2)  Annualized net interest income divided by average interest earning