Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1512

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 9
Chunk 1512
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 inputs in isolation would have
a significant impact on our fair value measurement.

The table below presents
a reconciliation of the finance receivables measured at fair value on a recurring basis using significant unobservable inputs:

    Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis 

    Twelve Months Ended 

    December 31, 

    2024  
    2023 

    (In thousands) 
  
    Balance at beginning of period 
    $2,722,662 
    $2,476,617 
  
    Finance receivables at fair value acquired during period 
     1,653,037  
     1,251,020 
  
    Payments received on finance receivables at fair value 
     (858,628) 
     (823,434)
  
    Net interest income accretion on fair value receivables 
     (224,304) 
     (193,541)
  
    Mark to fair value 
     21,000  
     12,000 
  
    Balance at end of period 
    $3,313,767 
    $2,722,662 

     F-36 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The table below compares the fair values of these
finance receivables to their contractual balances for the periods shown:

    Schedule of finance receivables to their contractual balances 

    December 31, 2024  
    December 31, 2023 

    Contractual  
    Fair  
    Contractual  
    Fair 

    Balance  
    Value  
    Balance  
    Value 

    (In thousands) 
  
    Finance receivables measured at fair value. 
    $3,485,540  
    $3,313,767  
    $2,941,915  
    $2,722,662 

 The following table provides certain qualitative
information about our level 3 fair value measurements:

    Schedule of level 3 fair value measurements 

    Financial Instrument 
    Fair Values as of  
       
    Weight Avg. Inputs as of

    December 31,  
       
    December 31,

    2024  
    2023  
    Unobservable Inputs