Company: CPSS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003436
Chunk: 42

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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    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 assets.

 32 

    Three Months Ended
                                                March 31, 2025
                                                Compared to
                                                March 31, 2024 

    Total  
    Change Due  
    Change Due 

    Change  
    to Volume  
    to Rate 

    (In thousands) 
  
    Interest Earning Assets 

    Loan Portfolio 
    $17,645  
    $16,752  
    $893 

    Interest Bearing Liabilities 

    Warehouse lines of credit 
     2,192  
     2,950  
     (758)
  
    Residual interest financing 
     1,506  
     745  
     761 
  
    Securitization trust debt 
     9,112  
     6,966  
     2,146 
  
    Subordinated renewable notes