Company: CPSS
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683168-25-005901
Chunk: 46

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 46
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and 2024:

    Six Months Ended June 30, 

    2025  
    2024 

    (Dollars in thousands) 

    Annualized  

    Annualized 

    Average  
       
    Average  
    Average  
       
    Average 

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

    Loan portfolio 
    $3,627,800  
    $207,295  
     11.4%  
    $3,058,047  
    $172,655  
     11.3% 

     $  

    Interest Bearing Liabilities 

    Warehouse lines of credit 
    $314,698  
     14,729  
     9.4%  
    $190,143  
     10,022  
     10.5% 
  
    Residual interest financing 
     136,989  
     6,962  
     10.2%  
     83,516  
     3,748  
     9.0% 
  
    Securitization trust debt 
     2,836,888  
     90,602  
     6.4%  
     2,471,683  
     73,860  
     6.0% 
  
    Subordinated renewable notes 
     27,493  
     1,329  
     9.7%  
     21,551  
     1,048  
     9.7% 

    $3,316,068  
     113,622  
     6.9%  
    $2,766,893  
     88,678  
     6.4% 

    Net interest income/spread 
     $  
    $93,673  

    $83,977  

    Net interest yield (2) 

     5.2%  

     5.5% 
  
    Ratio of average interest earning assets to average interest bearing liabilities 
     $  
        
     109%  

     111%