Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 165

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1
Chunk 165
---
,278 
  
    International Growth 
     –  
     2,330  
     –  
     2,330 
  
    Core Bond 
     –  
     1,763  
     –  
     1,763 
  
    High Yield 
     –  
     351  
     –  
     351 
  
    Inflation Protected Bond 
     –  
     437  
     –  
     437 
  
    Money Market 
     –  
     16  
     –  
     16 
  
    Total 
    $8,308  
    $11,740  
    $–  
    $20,048 

________________________

(1)Company common stock is classified as level 1 and valued using quoted prices in active markets for identical assets. 

(2)All other plan assets in stock, bond and money market funds are classified as level 2 and valued using significant observable inputs.

(3)There are no plan assets classified as level 3 in the fair value hierarchy as a result of having significant unobservable inputs.

     F-35 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(12) Fair Value Measurements 

ASC 820, "Fair Value
Measurements" clarifies the principle that fair value should be based on the assumptions market participants would use when pricing
an asset or liability and establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. Under
the standard, fair value measurements are separately disclosed by level within the fair value hierarchy.

ASC 820 defines fair value,
establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurement
and enhances disclosure requirements for fair value measurements. The three levels are defined as follows: level 1 - inputs to the valuation
methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets; level 2 – inputs to the valuation
methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or
liability, either directly or indirectly, for substantially the full term of the financial instrument; and level 3 – inputs to the
valuation methodology are unobservable and significant to the fair value measurement.

Effective January 2018