Company: CPSS
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683168-25-005901
Chunk: 24

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 24
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5  
    2024 

    (In thousands)  
    (In thousands) 
  
    Balance at beginning of period 
    $3,449,106 
    $2,791,373  
    $3,313,767  
    $2,722,662 
  
    Finance receivables at fair value acquired during period 
     433,277  
     424,867  
     882,879  
     753,760 
  
    Payments received on finance receivables at fair value 
     (264,713) 
     (208,964) 
     (517,569) 
     (419,899)
  
    Net interest income accretion on fair value receivables 
     (61,641) 
     (52,401) 
     (126,548) 
     (106,648)
  
    Mark to fair value 
     3,000  
     5,500  
     6,500  
     10,500 
  
    Balance at end of period 
    $3,559,029 
    $2,960,375  
    $3,559,029  
    $2,960,375 

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 

    June 30, 2025  
    December 31, 2024 

    Contractual  
    Fair  
    Contractual  
    Fair 

    Balance  
    Value  
    Balance  
    Value 

    (In thousands) 

    Finance receivables measured at fair value 
    $3,706,565  
    $3,559,029  
    $3,485,540  
    $3,313,767 

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 

    June 30,  
    December 31,  
      
    June 30,  
    December 31, 

    2025  
    2024