Consumer Portfolio Services (CPSS) 10-K/A 16 Mar 23 2022 FY Annual report (amended) Financial data

Cover

Cover - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Mar. 08, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K/A
Amendment Flag	true
Amendment Description	Certifications were omitted
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity File Number	001-14116
Entity Registrant Name	CONSUMER PORTFOLIO SERVICES, INC.
Entity Central Index Key	0000889609
Entity Tax Identification Number	33-0459135
Entity Incorporation, State or Country Code	CA
Entity Address, Address Line One	3800 Howard Hughes Pkwy
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89169
City Area Code	(949)
Local Phone Number	753-6800
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	CPSS
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 140,224,459
Entity Common Stock, Shares Outstanding		20,535,126
ICFR Auditor Attestation Flag	true
Auditor Name	Crowe LLP
Auditor Firm ID	173
Auditor Location	Dallas, Texas

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 13,490	$ 29,928
Restricted cash and equivalents	149,299	146,620
Finance receivables measured at fair value	2,476,617	1,749,098
Finance receivables	92,304	232,390
Less: Allowance for finance credit losses	(21,753)	(56,206)
Finance receivables, net	70,551	176,184
Furniture and equipment, net	1,660	1,129
Deferred tax assets, net	10,177	19,575
Accrued interest receivable	649	2,269
Other assets	30,325	34,775
Total Assets	2,752,768	2,159,578
Liabilities
Accounts payable and accrued expenses	55,421	43,648
Warehouse lines of credit	285,328	105,610
Residual interest financing	49,623	53,682
Securitization trust debt	2,108,744	1,759,972
Subordinated renewable notes	25,263	26,459
Total Liabilities	2,524,379	1,989,371
COMMITMENTS AND CONTINGENCIES
Shareholders' Equity
Preferred stock	0	0
Common stock, no par value; authorized 75,000,000 shares; 20,131,323 and 21,143,764 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively	28,906	55,298
Retained earnings	202,514	116,531
Accumulated other comprehensive loss	(3,031)	(1,622)
Total stockholders' equity	228,389	170,207
Total liabilities and stockholders' equity	2,752,768	2,159,578
Series A Preferred Stock [Member]
Shareholders' Equity
Preferred stock	0	0
Series B Preferred Stock [Member]
Shareholders' Equity
Preferred stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized	4,998,130	4,998,130
Preferred stock, issued	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common Stock, Shares Authorized	75,000,000	75,000,000
Common Stock, Shares, Issued	20,131,323	21,143,764
Common Stock, Shares, Outstanding	20,131,323	21,143,764
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized	5,000,000	5,000,000
Preferred stock, issued	0	0
Series B Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized	1,870	1,870
Preferred stock, issued	0	0

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Interest income	$ 305,237	$ 266,266	$ 294,982
Mark to finance receivables measured at fair value	15,283	(4,417)	(29,528)
Other income	9,189	5,962	5,707
Total revenues	329,709	267,811	271,161
Expenses:
Employee costs	84,282	80,534	80,198
General and administrative	37,618	34,616	31,981
Interest	87,524	75,239	101,338
Provision for credit losses	(28,100)	(14,590)	14,113
Sales	23,039	16,876	14,206
Occupancy	7,535	7,715	7,421
Depreciation and amortization	1,618	1,675	1,784
Total operating expenses	213,516	202,065	251,041
Income before income tax expense (benefit)	116,193	65,746	20,120
Income tax expense (benefit)	30,210	18,222	(1,557)
Net income	$ 85,983	$ 47,524	$ 21,677
Earnings per share:
Basic	$ 4.10	$ 2.11	$ 0.96
Diluted	$ 3.23	$ 1.84	$ 0.90
Number of shares used in computing earnings per share:
Basic	20,958	22,562	22,611
Diluted	26,589	25,780	24,003

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net income	$ 85,983	$ 47,524	$ 21,677
Other comprehensive income (loss); change in funded status of pension plan, net of $513, $2,554 and $55 in tax for 2022, 2021 and 2020, respectively	(1,409)	6,949	(150)
Comprehensive income	$ 84,574	$ 54,473	$ 21,527

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Amount of tax expense (benefit) for (increase) decrease in value of benefit obligation	$ 513	$ 2,554	$ 55

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 71,257	$ 47,330	$ (8,421)	$ 110,166
Balance at beginning (in shares) at Dec. 31, 2019	22,531
Common stock issued upon exercise of options and warrants	$ 949			949
Common stock issued upon exercise of options and warrants (in shares)	558
Repurchase of common stock	$ (1,215)			(1,215)
Repurchase of common stock (in shares)	(352)
Other comprehensive income (loss)			(150)	(150)
Stock-based compensation	1,935			1,935
Net income		21,677		21,677
Ending balance, value at Dec. 31, 2020	$ 72,926	69,007	(8,571)	133,362
Balance at end (in shares) at Dec. 31, 2020	22,737
Common stock issued upon exercise of options and warrants	$ 6,048			6,048
Common stock issued upon exercise of options and warrants (in shares)	2,291
Repurchase of common stock	$ (25,676)			(25,676)
Repurchase of common stock (in shares)	(3,884)
Other comprehensive income (loss)			6,949	6,949
Stock-based compensation	2,000			2,000
Net income		47,524		47,524
Ending balance, value at Dec. 31, 2021	$ 55,298	116,531	(1,622)	170,207
Balance at end (in shares) at Dec. 31, 2021	21,144
Common stock issued upon exercise of options and warrants	$ 15,277			15,277
Common stock issued upon exercise of options and warrants (in shares)	3,127
Repurchase of common stock	$ (46,096)			(46,096)
Repurchase of common stock (in shares)	(4,140)
Other comprehensive income (loss)			(1,409)	(1,409)
Stock-based compensation	4,427			4,427
Net income		85,983		85,983
Ending balance, value at Dec. 31, 2022	$ 28,906	$ 202,514	$ (3,031)	$ 228,389
Balance at end (in shares) at Dec. 31, 2022	20,131

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income	$ 85,983	$ 47,524	$ 21,677
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of deferred acquisition fees and origination costs	0	651	1,138
Net interest income accretion on fair value receivables	135,147	134,020	133,771
Depreciation and amortization	1,618	1,675	1,784
Amortization of deferred financing costs	8,207	7,114	8,102
Mark to fair value of finance receivables measured at fair value	(15,283)	4,417	29,528
Provision for credit losses	(28,100)	(14,590)	14,113
Stock-based compensation expense	4,427	2,000	1,935
Changes in assets and liabilities:
Accrued interest receivable	1,620	2,748	6,628
Other assets	2,551	(3,787)	2,713
Deferred tax assets, net	9,398	8,937	21,493
Accounts payable and accrued expenses	10,364	7,485	(4,115)
Net cash provided by operating activities	215,932	198,194	238,767
Cash flows from investing activities:
Payments received on finance receivables held for investment	133,733	249,098	332,296
Purchases of finance receivables measured at fair value	(1,673,166)	(1,107,537)	(739,734)
Payments on receivables portfolio at fair value	825,783	743,728	496,747
Change in repossessions held in inventory	1,899	1,329	3,746
Purchase of furniture and equipment	(2,149)	(1,976)	(24)
Net cash provided by (used in) investing activities	(713,900)	(115,358)	93,031
Cash flows from financing activities:
Proceeds from issuance of securitization trust debt	1,411,018	1,110,747	714,543
Proceeds from issuance of subordinated renewable notes	4,004	7,988	6,750
Payments on subordinated renewable notes	(5,200)	(2,852)	(2,961)
Net advances (repayments) of warehouse lines of credit	181,868	(14,503)	(16,271)
Net advances (repayments) of residual interest financing debt	(4,311)	28,735	(14,424)
Repayment of securitization trust debt	(1,060,052)	(1,153,114)	(1,009,988)
Payment of financing costs	(12,299)	(7,813)	(5,861)
Purchase of common stock	(46,096)	(25,676)	(1,215)
Exercise of options and warrants	15,277	6,048	949
Net cash provided by (used in) financing activities	484,209	(50,440)	(328,478)
Increase (decrease) in cash and cash equivalents	(13,759)	32,396	3,320
Cash and cash equivalents at beginning of year	176,548	144,152	140,832
Cash and cash equivalents at end of year	162,789	176,548	144,152
Cash paid (received) during the period for:
Interest	76,696	69,476	93,571
Income taxes	$ 16,182	$ 14,253	$ (23,997)

(1) Summary of Significant Acco

(1) Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
(1) Summary of Significant Accounting Policies	(1) Summary of Significant Accounting Policies Description of Business Consumer Portfolio Services, Inc. ("CPS") was incorporated in California on March 8, 1991. CPS and its subsidiaries (collectively, the "Company") specialize in purchasing and servicing retail automobile installment sale contracts ("Contracts") originated by licensed motor vehicle dealers ("Dealers") located throughout the United States. Customers located in California, Texas, Ohio, Illinois, Florida, Pennsylvania, and Indiana represented 8.2 7.8 7.6 5.7 5.1 4.6 4.6 10.9 6.1 9.3 3.6 5.0 4.6 5.0 We are subject to various regulations and laws as they relate to the extension of credit in consumer credit transactions. Failure to comply with such laws and regulations could have a material adverse effect on the Company. Principles of Consolidation The Consolidated Financial Statements include the accounts of Consumer Portfolio Services, Inc. and its wholly-owned subsidiaries, certain of which are special purpose subsidiaries ( " " Cash and Cash Equivalents For purposes of the statements of cash flows, we consider all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. Cash equivalents consist of cash on hand and due from banks and money market accounts. Substantially all of our cash is deposited at three financial institutions. We maintain cash due from banks in excess of the banks' insured deposit limits. We do not believe we are exposed to any significant credit risk on these deposits. As part of certain financial covenants related to debt facilities, we are required to maintain a minimum unrestricted cash balance. As of December 31, 2022, our unrestricted cash balance was $ 13.5 million Finance Receivables Finance receivables, which we have the intent and ability to hold for the foreseeable future or until maturity or payoff, are presented at cost. All finance receivable contracts are held for investment. Interest income is accrued on the unpaid principal balance. Origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the interest method without anticipating prepayments. Generally, payments received on finance receivables are restricted to certain securitized pools, and the related contracts cannot be resold. Finance receivables are charged off pursuant to the controlling documents of certain securitized pools, generally as described below under Charge Off Policy. Management may authorize an extension of payment terms if collection appears likely during the next calendar month. Our portfolio of finance receivables consists of small-balance homogeneous contracts that are collectively evaluated for impairment on a portfolio basis. We report delinquency on a contractual basis. Once a Contract becomes greater than 90 days delinquent, we do not recognize additional interest income until the obligor under the Contract makes sufficient payments to be less than 90 days delinquent. Any payments received on a Contract that is greater than 90 days delinquent are first applied to accrued interest and then to principal reduction. Finance Receivables Measured at Fair Value Effective January 1, 2018, we adopted the fair value method of accounting for finance receivables acquired on or after that date. For each finance receivable acquired after 2017, we consider the price paid on the purchase date as the fair value for such receivable. We estimate the cash to be received in the future with respect to such receivables, based on our experience with similar receivables acquired in the past. We then compute the internal rate of return that results in the present value of those estimated cash receipts being equal to the purchase date fair value. Thereafter, we recognize interest income on such receivables on a level yield basis using that internal rate of return as the applicable interest rate. Cash received with respect to such receivables is applied first against such interest income, and then to reduce the recorded value of the receivables. We re-evaluate the fair value of such receivables at the close of each measurement period. If the reevaluation were to yield a value materially different from the recorded value, an adjustment would be required. For the twelve-month period ended December 31, 2022 include a $ 15.3 million 4.4 million Anticipated credit losses are included in our estimation of cash to be received with respect to receivables. Because such credit losses are included in our computation of the appropriate level yield, we do not thereafter make periodic provision for credit losses, as our best estimate of the lifetime aggregate of credit losses is included in that initial computation. Also because we include anticipated credit losses in our computation of the level yield, the computed level yield is materially lower than the average contractual rate applicable to the receivables. Because our initial recorded value is fixed as the price we pay for the receivable, rather than as the contractual principal balance, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred. Allowance for Finance Credit Losses In order to estimate an appropriate allowance for losses likely incurred on finance receivables, we use a loss allowance methodology commonly referred to as " " Charge Off Policy Delinquent contracts for which the related financed vehicle has been repossessed are generally charged off at the earliest of (1) the month in which the proceeds from the sale of the financed vehicle are received, (2) the month in which 90 days have passed from the date of repossession or (3) the month in which the Contract becomes seven scheduled payments past due (see Repossessed and Other Assets below). The amount charged off is the remaining principal balance of the Contract, after the application of the net proceeds from the liquidation of the financed vehicle. With respect to delinquent contracts for which the related financed vehicle has not been repossessed, the remaining principal balance is generally charged off no later than the end of the month that the Contract becomes five scheduled payments past due. Contract Acquisition Fees and Origination Costs Upon purchase of a Contract from a Dealer, we generally either charge or advance the Dealer an acquisition fee. Dealer acquisition fees and deferred origination costs are applied to the recorded value of finance receivables and are accreted into earnings as an adjustment to the yield over the estimated life of the Contract using the interest method. However, for receivables measured at fair value, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred. Repossessed and Other Assets If a Contract obligor fails to make or keep promises for payments, or if the obligor is uncooperative or attempts to evade contact or hide the vehicle, a supervisor will review the collection activity relating to the account to determine if repossession of the vehicle is warranted. Generally, such a decision is made between the 60th and 90th day past the obligor’s payment due date, but could occur sooner or later, depending on the specific circumstances. At the time the vehicle is repossessed we stop accruing interest on the Contract, and reclassify the remaining Contract balance to the line item "Other Assets" on our Consolidated Balance Sheet at its estimated fair value less costs to sell. Included in other assets in the accompanying Consolidated Balance Sheets are repossessed vehicles pending sale of $ 571,000 2.5 million T reatment of Securitizations Our term securitization structure has generally been as follows: We sell contracts we acquire to a wholly-owned SPS, which has been established for the limited purpose of buying and reselling our contracts. The SPS then transfers the same contracts to another entity, typically a statutory trust ( " " " " " " " " " " " " Our warehouse securitization structures are similar to the above, except that (i) the SPS that purchases the contracts pledges the contracts to secure promissory notes or loans that it issues, and (ii) no increase in the required amount of Credit Enhancement is contemplated. Upon each sale of contracts in a securitization structured as a secured financing, we retain as assets on our Consolidated Balance Sheet the securitized contracts and record as indebtedness the Notes issued in the transaction. We have the power to direct the most significant activities of the SPS. In addition, we have the obligation to absorb losses and the rights to receive benefits from the SPS, both of which could be potentially significant to the SPS. These types of securitization structures are treated as secured financings, in which the receivables remain on our Consolidated Balance Sheet, and the debt issued by the SPS is shown as a securitization trust debt on our Consolidated Balance Sheet. We receive periodic base servicing fees for the servicing and collection of the contracts. In addition, we are entitled to the cash flows from the Trusts that represent collections on the contracts in excess of the amounts required to pay principal and interest on the Notes, the base servicing fees, and certain other fees (such as trustee and custodial fees). Required principal payments on the Notes are generally defined as the payments sufficient to keep the principal balance of the Notes equal to the aggregate principal balance of the related contracts (excluding those contracts that have been charged off), or a pre-determined percentage of such balance. Where that percentage is less than 100%, the related Securitization Agreements require accelerated payment of principal until the principal balance of the Notes is reduced to the specified percentage. Such accelerated principal payment is said to create " " If the amount of cash required for payment of fees, interest and principal on the senior Notes exceeds the amount collected during the collection period, the shortfall is generally withdrawn from the Spread Account, if any. If the cash collected during the period exceeds the amount necessary for the above allocations plus required principal payments on the subordinated Notes, if any, and there is no shortfall in the related Spread Account or other form of Credit Enhancement, the excess is released to us. If the total Credit Enhancement amount is not at the required level, then the excess cash collected is retained in the Trust until the specified level is achieved. Cash in the Spread Accounts is restricted from our use. Cash held in the various Spread Accounts is invested in high quality, liquid investment securities, as specified in the Securitization Agreements. In all of our term securitizations we have transferred the receivables (through a subsidiary) to the securitization Trust. We report the assets and liabilities of the securitization Trust on our Consolidated Balance Sheet. The Noteholders’ and the related securitization Trusts’ recourse against us for failure of the contract obligors to make payments on a timely basis is limited, in general, to our Finance Receivables, and Spread Accounts. Servicing We consider the contractual servicing fee received on our managed portfolio held by non-consolidated subsidiaries to be equal to adequate compensation. Additionally, we consider that these fees would fairly compensate a substitute servicer, should one be required. As a result, no servicing asset or liability has been recognized. Servicing fees received on the managed portfolio held by non-consolidated subsidiaries are reported as income when earned. Servicing fees received on the managed portfolio held by consolidated subsidiaries are included in interest income when earned. Servicing costs are charged to expense as incurred. Servicing fees receivable, which are included in Other Assets in the accompanying Consolidated Balance Sheets, represent fees earned but not yet remitted to us by the trustee. Furniture and Equipment Furniture and equipment are stated at cost net of accumulated depreciation. We calculate depreciation using the straight-line method over the estimated useful lives of the assets, which range from three to five years. Assets held under capital leases and leasehold improvements are amortized over the lesser of the estimated useful lives of the assets or the related lease terms. Amortization expense on assets acquired under capital lease is included with depreciation expense on owned assets. Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell. Other Income The following table presents the primary components of Other Income: Schedule of other income Year Ended December 31, 2022 2021 2020 (In thousands) Third-party portfolio $ 6,814 $ – $ – Direct mail revenues 774 3,391 3,312 Convenience fee revenue 218 590 1,490 Recoveries on previously charged-off contracts 71 115 111 Sales tax refunds 737 580 748 Other 575 1,286 46 Other income for the period $ 9,189 $ 5,962 $ 5,707 Earnings Per Share Earnings per share were calculated using the weighted average number of shares outstanding for the related period. The following table illustrates the computation of basic and diluted earnings per share: Schedule of computation of earnings per share Year Ended December 31, 2022 2021 2020 (In thousands, except per share data) Numerator: Numerator for basic and diluted earnings per share $ 85,983 $ 47,524 $ 21,677 Denominator: Denominator for basic earnings per share - weighted average number of common shares outstanding during the year 20,958 22,562 22,611 Incremental common shares attributable to exercise of outstanding options and warrants 5,631 3,218 1,392 Denominator for diluted earnings per share 26,589 25,780 24,003 Basic earnings per share $ 4.10 $ 2.11 $ 0.96 Diluted earnings per share $ 3.23 $ 1.84 $ 0.90 Incremental shares of 1.2 million 5.7 million 13.6 million Deferral and Amortization of Debt Issuance Costs Costs related to the issuance of debt are deferred and amortized using the interest method over the contractual or expected term of the related debt. Unamortized debt issuance costs are presented as a direct deduction to the carrying amount of the related debt on our Consolidated Balance Sheets. Income Taxes The Company and its subsidiaries file a consolidated federal income tax return and combined or stand-alone state franchise tax returns for certain states. We utilize the asset and liability method of accounting for income taxes, under which deferred income taxes are recognized for the future tax consequences attributable to the differences between the financial statement values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date. We estimate a valuation allowance against that portion of the deferred tax asset whose utilization in future periods is not more than likely. Purchases of Company Stock We record purchases of our own common stock at cost and treat the shares as retired. Stock Option Plan The Company accounts for stock-based compensation in accordance with FASB ASC Topic 718, Compensation—Stock Compensation Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, as well as the reported amounts of income and expenses during the reported periods. These are material estimates that could be susceptible to changes in the near term and, accordingly, actual results could differ from those estimates. Reclassification Certain amounts for the prior year have been reclassified to conform to the current year’s presentation with no effect on previously reported earnings or shareholders’ equity. Financial Covenant Certain of our securitization transactions, our residual interest financing and our warehouse credit facilities contain various financial covenants requiring certain minimum financial ratios and results. Such covenants include maintaining minimum levels of liquidity and net worth and not exceeding maximum leverage levels. In addition, certain securitization and non-securitization related debt contain cross-default provisions that would allow certain creditors to declare a default if a default occurred under a different facility. As of December 31, 2022 we were in compliance with all such financial covenants. Provision for Contingent Liabilities We are routinely involved in various legal proceedings resulting from our consumer finance activities and practices, both continuing and discontinued. Our legal counsel has advised us on such matters where, based on information available at the time of this report, there is an indication that it is both probable that a liability has been incurred and the amount of the loss can be reasonably determined. We have recorded a liability as of December 31, 2022, which represents our estimate of the immaterial aggregate probable incurred losses for legal contingencies. The amount of losses that may ultimately be incurred, over and above such losses as are probable, cannot be estimated with certainty.

(2) Restricted Cash

(2) Restricted Cash	12 Months Ended
	Dec. 31, 2022
Cash and Cash Equivalents [Abstract]
(2) Restricted Cash	(2) Restricted Cash Restricted cash consists of cash and cash equivalent accounts relating to our outstanding securitization trusts and credit facilities. The amount of restricted cash on our Consolidated Balance Sheets was $ 149.3 million 146.6 million Our securitization transactions and one of our warehouse credit facilities require that we establish cash reserves, or spread accounts, as additional credit enhancement. These cash reserves, which are included in restricted cash, were $ 56.8 million 49.0 million

(3) Finance Receivables

(3) Finance Receivables	12 Months Ended
	Dec. 31, 2022
Finance Receivables
(3) Finance Receivables	(3) Finance Receivables Our portfolio of finance receivables consists of small-balance homogeneous contracts comprising a single segment and class that is collectively evaluated for impairment on a portfolio basis according to delinquency status. Our contract purchase guidelines are designed to produce a homogenous portfolio. For key terms such as interest rate, length of contract, monthly payment and amount financed, there is relatively little variation from the average for the portfolio. We report delinquency on a contractual basis. Once a contract becomes greater than 90 days delinquent, we do not recognize additional interest income until the obligor under the contract makes sufficient payments to be less than 90 days delinquent. Any payments received on a contract that is greater than 90 days delinquent are first applied to accrued interest and then to principal reduction. In January 2018 the Company adopted the fair value method of accounting for finance receivables acquired after 2017. Finance receivables measured at fair value are recorded separately on the Company’s Balance Sheet and are excluded from all tables in this footnote. The following table presents the components of finance receivables, net of unearned interest: Schedule of finance receivables December 31, 2022 2021 Finance receivables (In thousands) Automobile finance receivables, net of unearned interest $ 92,304 $ 232,390 Unearned acquisition fees, discounts and deferred origination costs, net – – Finance receivables $ 92,304 $ 232,390 We consider an automobile contract delinquent when an obligor fails to make at least 90% of a contractually due payment by the following due date, which date may have been extended within limits specified in the servicing agreements. The period of delinquency is based on the number of days payments are contractually past due, as extended where applicable. Automobile contracts less than 31 days delinquent are not reported as delinquent. In certain circumstances we will grant obligors one-month payment extensions. The only modification of terms is to advance the obligor’s next due date by one month and extend the maturity date of the receivable by one month. In certain limited cases, a two-month extension may be granted. There are no other concessions, such as a reduction in interest rate, forgiveness of principal or of accrued interest. Accordingly, we consider such extensions to be insignificant delays in payments rather than troubled debt restructurings. The following table summarizes the delinquency status of finance receivables as of December 31, 2022 and 2021: Schedule of amortized cost basis of finance receivables December 31, 2022 2021 Delinquency Status (In thousands) Current $ 65,764 $ 186,625 31-60 days 16,796 30,980 61-90 days 7,756 12,070 91 + days 1,988 2,715 $ 92,304 $ 232,390 Finance receivables totaling $ 2.0 million 2.7 million Allowance for Credit Losses – Finance Receivables The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of finance receivables to present the net amount expected to be collected. Charge offs are deducted from the allowance when management believes that collectability is unlikely. Management estimates the allowance using relevant available information, from internal and external sources, relating to past events, current conditions and, reasonable and supportable forecasts. We believe our historical credit loss experience provides the best basis for the estimation of expected credit losses. Consequently, we use historical loss experience for older receivables, aggregated into vintage pools based on their calendar quarter of origination, to forecast expected losses for less seasoned quarterly vintage pools. We measure the weighted average monthly incremental change in cumulative net losses for the vintage pools in the relevant historical period. For the pools in the relevant historical period, we consider each pool’s performance from its inception through the end of the current period. We then apply the results of the historical analysis to less seasoned vintage pools beginning with each vintage pool’s most recent actual cumulative net loss experience and extrapolating from that point based on the historical data. We believe the pattern and magnitude of losses on older vintages allows us to establish a reasonable and supportable forecast of less seasoned vintages. Our contract purchase guidelines are designed to produce a homogenous portfolio. For key credit characteristics of individual contracts such as obligor credit history, job stability, residence stability and ability to pay, there is relatively little variation from the average for the portfolio. Similarly, for key structural characteristics such as loan-to-value, length of contract, monthly payment and amount financed, there is relatively little variation from the average for the portfolio. Consequently, we do not believe there are significant differences in risk characteristics between various segments of our portfolio. Our methodology incorporates historical pools that are sufficiently seasoned to capture the magnitude and trends of losses within those vintage pools. Furthermore, the historical period encompasses a substantial volume of receivables over periods that include fluctuations in the competitive landscape, the Company’s rates of growth, size of our managed portfolio and fluctuations in economic growth and unemployment. In consideration of the depth and breadth of the historical period, and the homogeneity of our portfolio, we generally do not adjust historical loss information for differences in risk characteristics such as credit or structural composition of segments of the portfolio or for changes in environmental conditions such as changes in unemployment rates, collateral values or other factors. Throughout our history we have observed how events such as extreme weather, political unrest, and other qualitative factors have influenced the performance of our portfolio. Consequently, we have considered how such qualitative factors may affect future credit losses and have incorporated our judgement of the effect of those factors into our estimates. The following table presents the amortized cost basis of our finance receivables by annual vintage as of December 31, 2022 and 2021: Schedule of amortized cost basis of finance receivables December 31, 2022 2021 (In thousands) Annual Vintage Pool 2012 and prior $ 33 $ 131 2013 231 1,091 2014 1,601 6,881 2015 8,627 29,695 2016 28,632 76,728 2017 53,180 117,864 Total amortized cost basis $ 92,304 $ 232,390 At the adoption of CECL, the Company recorded an addition to its allowance for finance credit losses of $ 127.0 million The Company recorded a reduction to provision for credit losses on finance receivables in the amount of $ 28.1 million 14.6 million 14.1 million The following table presents a summary of the activity for the allowance for finance credit losses, for the years ended December 31, 2022, 2021 and 2020: Schedule of allowance for finance credit losses December 31, 2022 2021 2020 (In thousands) Balance at beginning of year $ 56,206 $ 80,790 $ 11,640 Impact of adoption ASC 326 n/a n/a 127,000 Provision for credit losses on finance receivables (28,100 ) (14,590 ) 14,113 Charge-offs (18,319 ) (30,940 ) (90,824 ) Recoveries 11,966 20,946 18,861 Balance at end of year $ 21,753 $ 56,206 $ 80,790 Excluded from finance receivables are contracts that were previously classified as finance receivables but were reclassified as other assets because we have repossessed the vehicle securing the Contract. The following table presents a summary of such repossessed inventory together with the allowance for losses on repossessed inventory: Schedule of allowance for losses on repossessed inventory December 31, 2022 2021 (In thousands) Gross balance of repossessions in inventory $ 1,894 $ 4,341 Allowance for losses on repossessed inventory (1,323 ) (1,871 ) Net repossessed inventory included in other assets $ 571 $ 2,470

(4) Furniture and Equipment

(4) Furniture and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
(4) Furniture and Equipment	(4) Furniture and Equipment The following table presents the components of furniture and equipment: Schedule of furniture and equipment December 31, 2022 2021 (In thousands) Furniture and fixtures $ 1,936 $ 1,936 Computer and telephone equipment 6,349 5,216 Leasehold improvements 1,570 1,507 9,855 8,659 Less: accumulated depreciation and amortization (8,195 ) (7,530 ) $ 1,660 $ 1,129 Depreciation expense totaled $ 1,618,000 1,675,000 1,784,000

(5) Securitization Trust Debt

(5) Securitization Trust Debt	12 Months Ended
	Dec. 31, 2022
Securitization Trust Debt
(5) Securitization Trust Debt	(5) Securitization Trust Debt We have completed numerous term securitization transactions that are structured as secured borrowings for financial accounting purposes. The debt issued in these transactions is shown on our Consolidated Balance Sheets as “Securitization trust debt,” and the components of such debt are summarized in the following table: Schedule of securitization trust debt Weighted Average Final Receivables Outstanding Outstanding Contractual Debt Scheduled Pledged at Principal at Principal at Interest Rate at Payment December 31, Initial December 31, December 31, December 31, Series Date (1) 2022 (2) Principal 2022 2021 2022 (Dollars in thousands) CPS 2017-A April 2024 $ – $ 206,320 $ – $ 17,644 – CPS 2017-B December 2023 – 225,170 – 12,491 – CPS 2017-C September 2024 – 224,825 – 25,846 – CPS 2017-D June 2024 – 196,300 – 26,744 – CPS 2018-A March 2025 16,642 190,000 12,939 29,518 5.17 CPS 2018-B December 2024 20,897 201,823 17,077 36,092 5.61 CPS 2018-C September 2025 24,589 230,275 20,222 42,765 6.07 CPS 2018-D June 2025 30,015 233,730 25,563 49,634 5.82 CPS 2019-A March 2026 38,138 254,400 32,898 62,667 5.49 CPS 2019-B June 2026 39,755 228,275 33,897 61,730 5.39 CPS 2019-C September 2026 46,903 243,513 41,515 75,065 4.35 CPS 2019-D December 2026 60,856 274,313 53,625 98,625 3.71 CPS 2020-A March 2027 56,226 260,000 52,705 99,485 3.99 CPS 2020-B June 2027 63,849 202,343 41,736 87,048 6.16 CPS 2020-C November 2027 86,061 252,200 72,894 138,899 3.24 CPS 2021-A March 2028 90,801 230,545 72,076 147,516 1.39 CPS 2021-B June 2028 113,723 240,000 101,206 179,856 1.86 CPS 2021-C September 2028 165,102 291,000 147,593 250,003 1.60 CPS 2021-D December 2028 224,055 349,202 209,277 330,325 1.85 CPS 2022-A April 2029 243,580 316,800 222,613 – 2.16 CPS 2022-B October 2029 355,224 395,600 325,907 – 4.16 CPS 2022-C April 2030 394,782 391,600 346,714 – 5.24 CPS 2022-D August 2030 322,973 307,018 292,461 – 7.37 $ 2,394,171 $ 5,945,252 $ 2,122,919 $ 1,771,953 _________________________ (1) The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the Trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $ 804.4 million 578.9 million 339.1 million 202.3 million 128.1 million 55.3 million 0.6 million (2) Includes repossessed assets that are included in Other Assets on our Consolidated Balance Sheets. Debt issuance costs of $ 14.2 million 12.0 million All of the securitization trust debt was issued in private placement transactions to qualified institutional investors. The debt was issued by our wholly-owned, bankruptcy remote subsidiaries and is secured by the assets of such subsidiaries, but not by any of our other assets. The terms of the various securitization agreements related to the issuance of the securitization trust debt require that certain delinquency and credit loss criteria be met with respect to the collateral pool, and require that we maintain minimum levels of liquidity and net worth and not exceed maximum leverage levels. We were in compliance with all such covenants as of December 31, 2022. We are responsible for the administration and collection of the contracts. The securitization agreements also require certain funds be held in restricted cash accounts to provide additional credit enhancement for the Notes or to be applied to make payments on the securitization trust debt. As of December 31, 2022, restricted cash under the various agreements totaled approximately $ 149.3 million Our wholly-owned, bankruptcy remote subsidiaries were formed to facilitate the above asset-backed financing transactions. Similar bankruptcy remote subsidiaries issue the debt outstanding under our warehouse line of credit. Bankruptcy remote refers to a legal structure in which it is expected that the applicable entity would not be included in any bankruptcy filing by its parent or affiliates. All of the assets of these subsidiaries have been pledged as collateral for the related debt. All such transactions, treated as secured financings for accounting and tax purposes, are treated as sales for all other purposes, including legal and bankruptcy purposes. None of the assets of these subsidiaries are available to pay any of our other creditors.

(6) Debt

(6) Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
(6) Debt	(6) Debt The terms of our debt outstanding at December 31, 2022 and 2021 are summarized below: Schedule of debt outstanding Amount Outstanding at December 31, December 31, 2022 2021 (In thousands) Description Interest Rate Maturity Warehouse lines of credit 3.00% over CP yield rate (Minimum 3.75%) 7.48% and 3.75% July 2024 $ 150,293 $ 70,590 4.15% over a commercial paper rate (Minimum 5.15%) 8.60% and 5.15% January 2024 137,585 35,420 Residual interest financing 8.60 January 2026 – 4,311 Residual interest financing 7.86 June 2026 50,000 50,000 Subordinated renewable notes Weighted average rate of 7.82 8.93 Weighted average maturity of October 2024 January 2024 25,263 26,459 $ 363,141 $ 186,780 Debt issuance costs of $ 2.6 million 400,000 On May 11, 2012, we entered into a $ 100 million 150.3 million On February 2, 2022, we renewed our two-year revolving credit agreement with Ares Agent Services, L.P. The facility is structured to allow us to fund a portion of the purchase price of automobile contracts by borrowing from a credit facility to our consolidated subsidiary Page Nine Funding, LLC. The facility provides for effective advances up to 88.00% of eligible finance receivables. The loans under the facility accrue interest at a commercial paper rate plus 4.15% per annum, with a minimum rate of 5.15% per annum. In June 2022, we increased the capacity of our credit agreement with Ares Agent Services, L.P. from $100 million to $200 million. This facility was amended to extend the revolving period to January 2024 followed by an amortization period through January 2028 for any receivables pledged to the facility at the end of the revolving period. At December 31, 2022 there was $ 137.6 million The total outstanding debt on our two warehouse lines of credit was $ 287.9 million 106.0 million On June 30, 2021, we completed a $ 50 million 50.0 million 50.0 million The agreed valuation of the collateral for the 2018-1 and 2021-1 Notes is the sum of the amounts on deposit in the underlying spread accounts for each related securitization and the over-collateralization of each related securitization, which is the difference between the outstanding principal balances of the related receivables less the principal balance of the outstanding notes issued in the related securitization. On each monthly payment date, the 2018-1 and 2021-1 Notes are entitled to interest at the coupon rate and, if necessary, a principal payment necessary to maintain a specified minimum collateral ratio. Unamortized debt issuance costs of $ 377,000 629,000 We must comply with certain affirmative and negative covenants related to debt facilities, which require, among other things, that we maintain certain financial ratios related to liquidity, net worth and capitalization. Further covenants include matters relating to investments, acquisitions, restricted payments and certain dividend restrictions. See the discussion of financial covenants in Note 1. The following table summarizes the contractual and expected maturity amounts of our outstanding subordinated renewable notes as of December 31, 2022: Schedule of expected maturity amounts for long-term debt Subordinated Contractual maturity renewable date notes (In thousands) 2023 $ 13,800 2024 2,798 2025 3,146 2026 3,264 2027 837 Thereafter 1,418 Total $ 25,263

(7) Shareholders_ Equity

(7) Shareholders’ Equity	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
(7) Shareholders’ Equity	(7) Shareholders’ Equity Common Stock Holders of common stock are entitled to such dividends as our board of directors, in its discretion, may declare out of funds available, subject to the terms of any outstanding shares of preferred stock and other restrictions. In the event of liquidation of the Company, holders of common stock are entitled to receive, pro rata Stock Purchases For the year ending December 31, 2022, we purchased 4,139,664 11.11 35.0 million 8.3 million Schedule of stock purchases Twelve Months Ended December 31, 2022 December 31, 2021 Shares Avg. Price Shares Avg. Price Open market purchases 3,246,511 $ 10.44 1,639,138 $ 6.98 Shares redeemed upon net exercise of stock options 893,153 13.56 245,743 6.95 Other – – 1,999,995 6.26 Total stock purchases 4,139,664 $ 11.11 3,884,876 $ 3.97 Options and Warrants In 2006, the Company adopted and its shareholders approved the CPS 2006 Long-Term Equity Incentive Plan (the “2006 Plan”) pursuant to which our Board of Directors, or a duly-authorized committee thereof, may grant stock options, restricted stock, restricted stock units and stock appreciation rights to our employees or employees of our subsidiaries, to directors of the Company, and to individuals acting as consultants to the Company or its subsidiaries. In June 2008, May 2012, April 2013, May 2015, July 2018 and again in November 2021, the shareholders of the Company approved an amendment to the 2006 Plan to increase the maximum number of shares that may be subject to awards under the 2006 Plan to 5,000,000, 7,200,000, 12,200,000, 17,200,000, 19,200,000 and 22,200,000 The per share weighted-average fair value of stock options granted during the years ended December 31, 2022, 2021 and 2020 was $ 5.42 2.65 1.33 75 80 79 71 72 80 Schedule of assumptions for stock options Year Ended December 31, 2022 2021 2020 Expected life (years) 4.00 4.00 4.01 Risk-free interest rate 2.38 0.49 0.25 Volatility 76 72 73 Expected dividend yield – – – For the years ended December 31, 2022, 2021 and 2020, we recorded stock-based compensation costs in the amount of $ 4.4 million 2.0 million 1.9 million 9.5 million 2.5 At December 31, 2022 and 2021, options outstanding had intrinsic values of $ 11.2 million 13.1 million 7.8 million 9.7 million 23.4 million 9.0 million 15.3 million 2,661,000 Stock option activity for the year ended December 31, 2022 for stock options under the 2006 and 1997 plans is as follows: Schedule of option activity Weighted Number of Weighted Average Shares Average Remaining (in thousands) Exercise Price Contractual Term Options outstanding at the beginning of period 13,075 $ 4.54 N/A Granted 1,710 10.28 N/A Exercised (3,128 ) 4.89 N/A Forfeited/Expired (490 ) 7.07 N/A Options outstanding at the end of period 11,167 $ 5.21 3.15 Options exercisable at the end of period 7,770 $ 4.56 2.12 The following table presents the price distribution of stock options outstanding and exercisable for the years ended December 31, 2022 and 2021: Schedule of options outstanding and exercisable Number of shares as of Number of shares as of December 31, 2022 December 31, 2021 Outstanding Exercisable Outstanding Exercisable (In thousands) (In thousands) Range of exercise prices: $0.95 - $1.99 – – 577 577 $2.00 - $2.99 1,445 775 1,517 489 $3.00 - $3.99 3,785 3,495 4,285 3,382 $4.00 - $4.99 2,739 1,802 2,870 1,410 $5.00 - $5.99 – – – – $6.00 - $6.99 740 740 2,651 2,652 $7.00 - $7.99 748 748 1,175 1,175 $10.00 - $10.99 1,710 210 – – Total shares 11,167 7,770 13,075 9,685 We did not issue any stock options with an exercise price above or below the market price of the stock on the grant date for the years ended December 31, 2022, 2021 and 2020.

(8) Interest Income and Interes

(8) Interest Income and Interest Expense	12 Months Ended
	Dec. 31, 2022
Interest Income And Interest Expense
(8) Interest Income and Interest Expense	(8) Interest Income and Interest Expense The following table presents the components of interest income: Schedule of interest income Year Ended December 31, 2022 2021 2020 (In thousands) Interest on finance receivables $ 35,091 $ 69,783 $ 126,043 Interest on finance receivables at fair value 268,621 196,461 168,266 Mark to finance receivables measured at fair value 15,283 (4,417 ) (29,528 ) Other interest income 1,525 22 673 Interest income $ 320,520 $ 261,849 $ 265,454 The following table presents the components of interest expense: Schedule of interest expense Year Ended December 31, 2022 2021 2020 (In thousands) Securitization trust debt $ 70,627 $ 64,387 $ 88,031 Warehouse lines of credit 10,310 4,448 7,678 Residual interest financing 4,243 3,763 3,454 Subordinated renewable notes 2,344 2,641 2,175 Interest expense $ 87,524 $ 75,239 $ 101,338

(9) Income Taxes

(9) Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
(9) Income Taxes	(9) Income Taxes Income taxes consist of the following: Schedule of income tax expense Year Ended December 31, 2022 2021 2020 (In thousands) Current federal tax expense $ 16,946 $ 8,992 $ (23,576 ) Current state tax expense 3,352 2,845 472 Deferred federal tax expense 5,573 3,012 18,937 Deferred state tax expense 4,339 3,373 2,610 Income tax expense $ 30,210 $ 18,222 $ (1,557 ) Income tax expense for the years ended December 31, 2022, 2021 and 2020 differs from the amount determined by applying the statutory federal rate to income before income taxes as follows: Schedule of reconciliation of income taxes Year Ended December 31, 2022 2021 2020 (In thousands) Expense at federal tax rate $ 24,401 $ 13,807 $ 4,225 State taxes, net of federal income tax effect 6,462 3,974 1,505 Stock-based compensation (2,611 ) (947 ) 35 Non-deductible expenses 1,056 1,129 974 Net operating loss carryback – (1,694 ) (9,435 ) Effect of change in tax rate – – – Accounting method change – – – Other 902 1,953 1,139 Income tax expense $ 30,210 $ 18,222 $ (1,557 ) The tax effected cumulative temporary differences that give rise to deferred tax assets and liabilities as of December 31, 2022 and 2021 are as follows: Schedule of deferred tax assets and liabilities December 31, 2022 2021 (In thousands) Deferred Tax Assets: Finance receivables $ 4,870 $ 10,644 Accrued liabilities 1,708 1,694 NOL carryforwards 450 2,070 Built in losses 2,024 2,679 Pension accrual – – Stock compensation 2,172 3,584 Lease liability 1,711 2,737 Other – – Total deferred tax assets $ 12,935 $ 23,408 Deferred Tax Liabilities: Finance receivables $ – $ – Deferred loan costs – – Pension accrual (752 ) (1,026 ) Lease right-of-use assets (1,572 ) (2,487 ) Furniture and equipment and other (434 ) (320 ) Total deferred tax liabilities (2,758 ) (3,833 ) Net deferred tax asset $ 10,177 $ 19,575 We acquired certain net operating losses and built-in loss assets as part of our acquisitions of MFN Financial Corp. (“MFN”) in 2002 and TFC Enterprises, Inc. (“TFC”) in 2003. Moreover, both MFN and TFC have undergone an ownership change for purposes of Internal Revenue Code (“IRC”) Section 382. In general, IRC Section 382 imposes an annual limitation on the ability of a loss corporation (that is, a corporation with a net operating loss (“NOL”) carryforward, credit carryforward, or certain built-in losses (“BILs”)) to utilize its pre-change NOL carryforwards or BILs to offset taxable income arising after an ownership change. In determining the possible future realization of deferred tax assets, we have considered future taxable income from the following sources: (a) reversal of taxable temporary differences; and (b) tax planning strategies that, if necessary, would be implemented to accelerate taxable income into years in which net operating losses might otherwise expire. Deferred tax assets are recognized subject to management’s judgment that realization is more likely than not. A valuation allowance is recognized for a deferred tax asset if, based on the weight of the available evidence, it is more likely than not that some portion of the deferred tax asset will not be realized. In making such judgements, significant weight is given to evidence that can be objectively verified. Although realization is not assured, we believe that the realization of the recognized net deferred tax asset of $ 10.2 million 7.0 million 3.2 million As of December 31, 2022, we had net operating loss carryforwards for state income tax purposes of $ 42.4 million We recognize a tax position as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. We recognize potential interest and penalties related to unrecognized tax benefits as income tax expense. At December 31, 2022, we had no unrecognized tax benefits for uncertain tax positions. We are subject to taxation in the US and various state jurisdictions. With few exceptions, we are no longer subject to U.S. federal, state, or local examinations by tax authorities for years before 2018.

(10) Commitments and Contingenc

(10) Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
(10) Commitments and Contingencies	(10) Commitments and Contingencies Leases The Company has operating leases for corporate offices, equipment, software and hardware. The Company has entered into operating leases for the majority of its real estate locations, primarily office space. These leases are generally for periods of three to seven years with various renewal options. The depreciable life of leased assets is limited by the expected lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet and the related lease expense is recognized on a straight-line basis over the lease term. We determine if a contract contains a lease at contract inception. Right-of-use assets and liabilities are recognized based on the present value of lease payments over the lease term. In determining the present value of lease payments, we use the Company’s incremental borrowing rate. Right-of-use assets are included in other assets and lease liabilities are included in accounts payable and accrued expenses in our Condensed Consolidated Balance Sheet. The following table presents the supplemental balance sheet information related to leases: Supplemental balance sheet information related to leases December 31, December 31, 2022 2021 (In thousands) Operating Leases Operating lease right-of-use assets $ 28,397 $ 25,819 Less: Accumulated amortization right-of-use assets (22,613 ) (17,624 ) Operating lease right-of-use assets, net $ 5,784 $ 8,195 Operating lease liabilities $ (6,234 ) $ (9,058 ) Finance Leases Property and equipment, at cost $ 3,407 $ 3,407 Less: Accumulated depreciation (3,301 ) (2,348 ) Property and equipment, net $ 106 $ 1,059 Finance lease liabilities $ (177 ) $ (1,124 ) Weighted Average Discount Rate Operating lease 5.0% 5.0% Finance lease 6.5% 6.5% Maturities of leases Maturities of lease liabilities were as follows: (In thousands) Operating Finance Year Ending December 31, Lease Lease 2023 $ 4,378 $ 147 2024 1,544 26 2025 794 9 2026 501 – 2027 509 – Thereafter 650 – Total undiscounted lease payments 8,376 182 Less amounts representing interest (2,142 ) (5 ) Lease Liability $ 6,234 $ 177 The following table presents the leases expense included in Occupancy, General and administrative on our Condensed Consolidated Statement of Operations: Schedule of lease cost Year Ended December 31, 2022 2021 2020 (In thousands) Operating lease cost $ 6,650 $ 7,184 $ 7,523 Finance lease cost 987 1,229 1,179 Total lease cost $ 7,637 $ 8,413 $ 8,702 The following table presents the supplemental cash flow information related to leases: Supplemental cash flow information related to leases Year Ended December 31, 2022 2021 2020 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,056 $ 7,474 $ 7,762 Operating cash flows from finance leases 948 1,118 1,007 Financing cash flows from finance leases 40 111 172 Legal Proceedings Consumer Litigation. Following our filing of a complaint for a deficiency judgment in the Superior Court at Waterbury, Connecticut, the defendant filed a cross-claim alleging that our deficiency notices were not compliant with Connecticut law, and seeking relief on behalf of a class of Connecticut obligors whose vehicles we had repossessed. The defendant’s contract provided for resolution of disputes exclusively by arbitration, and exclusively on an individual basis, not a class basis. Nevertheless, in August 2021, the court denied our motion to compel arbitration, without opinion. In April 2022, a motion for certification of a class was filed but has not been ruled upon. It is reasonable to expect that resolution of these claims will be on a class basis. Wage and Hour Claim. Massachusetts Civil Investigative Demand In General. 4.9 million 11.2 million Accordingly, we believe that the ultimate resolution of such legal proceedings and contingencies should not have a material adverse effect on our consolidated financial condition. We note, however, that in light of the uncertainties inherent in contested proceedings there can be no assurance that the ultimate resolution of these matters will not be material to our operating results for a particular period, depending on, among other factors, the size of the loss or liability imposed and the level of our income for that period.

(11) Employee Benefits

(11) Employee Benefits	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
(11) Employee Benefits	(11) Employee Benefits We sponsor a pretax savings and profit sharing plan (the “401(k) Plan”) qualified under Section 401(k) of the Internal Revenue Code. Under the 401(k) Plan, eligible employees are able to contribute up to the maximum allowed under the law. We may, at our discretion, match 100% of employees’ contributions up to $ 2,000 1.3 million 1.3 million 1.4 million We also sponsor a defined benefit plan, the MFN Financial Corporation Pension Plan (the “Plan”). The Plan benefits were frozen on June 30, 2001. The following tables represents a reconciliation of the change in the plan’s benefit obligations, fair value of plan assets, and funded status at December 31, 2022 and 2021: Schedule of reconciliation of the change in the plan's benefit obligations December 31, 2022 2021 (In thousands) Change in Projected Benefit Obligation Projected benefit obligation, beginning of year $ 22,280 $ 24,678 Interest cost 579 553 Assumption changes (5,450 ) (1,074 ) Actuarial (gain) loss 85 (222 ) Settlements (716 ) (865 ) Benefits paid (826 ) (790 ) Projected benefit obligation, end of year $ 15,952 $ 22,280 Change in Plan Assets Fair value of plan assets, beginning of year $ 26,098 $ 18,165 Return on assets (5,702 ) 8,703 Employer contribution – 1,124 Expenses (86 ) (239 ) Settlements (716 ) (865 ) Benefits paid (826 ) (790 ) Fair value of plan assets, end of year $ 18,768 $ 26,098 Funded Status at end of year $ 2,816 $ 3,818 Additional Information Weighted average assumptions used to determine benefit obligations and cost at December 31, 2022 and 2021 were as follows: Schedule of weighted average assumptions used to determine pension benefit obligations December, 31 2022 2021 Weighted average assumptions used to determine benefit obligations Discount rate 4.87 2.65 Weighted average assumptions used to determine net periodic benefit cost Discount rate 2.65 2.28 Expected return on plan assets 7.25 7.25 Our overall expected long-term rate of return on assets is 7.25 Schedule of components of net periodic benefit cost December 31, 2022 2021 2020 (In thousands) Amounts recognized on Consolidated Balance Sheet Other assets $ 2,816 $ 3,818 $ – Other liabilities – – (6,513 ) Net amount recognized $ 2,816 $ 3,818 $ (6,513 ) Amounts recognized in accumulated other comprehensive loss consists of: Net loss $ 5,716 $ 3,794 $ 13,297 Unrecognized transition asset – – – Net amount recognized $ 5,716 $ 3,794 $ 13,297 Components of net periodic benefit cost Interest cost $ 579 $ 553 $ 693 Expected return on assets (1,860 ) (1,301 ) (1,150 ) Amortization of transition asset – – – Amortization of net loss 105 896 839 Net periodic benefit cost (1,176 ) 148 382 Settlement (gain)/loss 256 (865 ) – Total $ (920 ) $ (717 ) $ 382 Benefit Obligation Recognized in Other Comprehensive Loss (Income) Net loss (gain) $ 1,003 $ (9,503 ) $ 205 Prior service cost (credit) – – – Amortization of prior service cost – – – Net amount recognized in other comprehensive loss (income) $ 1,003 $ (9,503 ) $ 205 The estimated net gain that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2023 is $ 169,000 The weighted average asset allocation of our pension benefits at December 31, 2022 and 2021 were as follows: Schedule of weighted average asset allocation of our pension benefits December 31, 2022 2021 Weighted Average Asset Allocation at Year-End Asset Category Equity securities 87 78 Debt securities 13 22 Cash and cash equivalents 0 0 Total 100 100 Our investment policies and strategies for the pension benefits plan utilize a target allocation of 75% equity securities and 25% fixed income securities (excluding Company stock). Our investment goals are to maximize returns subject to specific risk management policies. We address risk management and diversification by the use of a professional investment advisor and several sub-advisors which invest in domestic and international equity securities and domestic fixed income securities. Each sub-advisor focuses its investments within a specific sector of the equity or fixed income market. For the sub-advisors focused on the equity markets, the sectors are differentiated by the market capitalization, the relative valuation and the location of the underlying issuer. For the sub-advisors focused on the fixed income markets, the sectors are differentiated by the credit quality and the maturity of the underlying fixed income investment. The investments made by the sub-advisors are readily marketable and can be sold to fund benefit payment obligations as they become payable. Cash Flows Schedule of estimated Future Benefit Payments Estimated Future Benefit Payments (In thousands) 2023 $ 990 2024 1,329 2025 1,315 2026 1,392 2027 1,265 Years 2028 - 2032 5,954 Anticipated Contributions in 2023 $ – The fair value of plan assets at December 31, 2022 and 2021, by asset category, is as follows: Schedule of fair value of plan assets December 31, 2022 Level 1 (1) Level 2 (2) Level 3 (3) Total Investment Name: (in thousands) Company Common Stock $ 7,848 $ – $ – $ 7,848 Large Cap Value – 2,037 – 2,037 Mid Cap Index – 594 – 594 Small Cap Growth – 546 – 546 Small Cap Value – 588 – 588 Large Cap Blend – 560 – 560 Growth – 1,843 – 1,843 International Growth – 2,251 – 2,251 Core Bond – 1,658 – 1,658 High Yield – 347 – 347 Inflation Protected Bond – 433 – 433 Money Market – 63 – 63 Total $ 7,848 $ 10,920 $ – $ 18,768 December 31, 2021 Level 1 (1) Level 2 (2) Level 3 (3) Total Investment Name: (in thousands) Company Common Stock $ 10,472 $ – $ – $ 10,472 Large Cap Value – 2,933 – 2,933 Mid Cap Index – 836 – 836 Small Cap Growth – 714 – 714 Small Cap Value – 868 – 868 Large Cap Blend – 859 – 859 Growth – 2,915 – 2,915 International Growth – 3,036 – 3,036 Core Bond – 2,316 – 2,316 High Yield – 473 – 473 Inflation Protected Bond – 641 – 641 Money Market – 35 – 35 Total $ 10,472 $ 15,626 $ – $ 26,098 ________________________ (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.

(12) Fair Value Measurements

(12) Fair Value Measurements	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
(12) Fair Value Measurements	(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 we have elected to use the fair value method to value our portfolio of finance receivables acquired in January 2018 and thereafter. Our valuation policies and procedures have been developed by our Accounting department in conjunction with our Risk department and with consultation with outside valuation experts. Our policies and procedures have been approved by our Chief Executive and our Board of Directors and include methodologies for valuation, internal reporting, calibration and back testing. Our periodic review of valuations includes an analysis of changes in fair value measurements and documentation of the reasons for such changes. There is little available third-party information such as broker quotes or pricing services available to assist us in our valuation process. Our level 3, unobservable inputs reflect our own assumptions about the factors that market participants use in pricing similar receivables and are based on the best information available in the circumstances. They include such inputs as estimates for the magnitude and timing of net charge-offs and the rate of amortization of the portfolio of finance receivable. Significant changes in any of those 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, 2022 2021 (In thousands) Balance at beginning of period $ 1,749,098 $ 1,523,726 Finance receivables at fair value acquired during period 1,673,166 1,107,537 Payments received on finance receivables at fair value (825,783 ) (743,728 ) Net interest income accretion on fair value receivables (135,147 ) (134,020 ) Mark to fair value 15,283 (4,417 ) Balance at end of period $ 2,476,617 $ 1,749,098 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, 2022 December 31, 2021 Contractual Fair Contractual Fair Balance Value Balance Value (In thousands) Finance receivables measured at fair value $ 2,701,184 $ 2,476,617 $ 1,972,699 $ 1,749,098 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 Inputs as of December 31, December 31, 2022 2021 Unobservable Inputs 2022 2021 (In thousands) Assets: Finance receivables measured at fair value $ 2,476,617 $ 1,749,098 Discount rate 11.0%-11.3% 10.6% - 11.3% Cumulative net losses 13.4%-19.4% 10.0% - 18.4% The following table summarizes the delinquency status using the contractual balance of these finance receivables measured at fair value as of December 31, 2022 and December 31, 2021: Schedule of delinquency status of finance receivables measured at fair value December 31, December 31, 2022 2021 (In thousands) Delinquency Status Current $ 2,375,271 $ 1,787,641 31 - 60 days 184,968 115,924 61 - 90 days 72,390 38,999 91 + days 29,048 11,564 Repo 39,507 18,571 $ 2,701,184 $ 1,972,699 Repossessed vehicle inventory, which is included in Other assets on our consolidated balance sheet, is measured at fair value using level 2 assumptions based on our actual loss experience on sale of repossessed vehicles. At December 31, 2022, the finance receivables related to the repossessed vehicles in inventory totaled $ 1.9 million 1.3 million 30 571,000 2.5 million 1.9 million There were no transfers in or out of level 1 or level 2 assets and liabilities for 2022 and 2021. We have no level 3 assets or liabilities that are measured at fair value on a non-recurring basis. The estimated fair values of financial assets and liabilities at December 31, 2022 and 2021, were as follows: Schedule of fair values of financial assets and liabilities As of December 31, 2022 Financial Instrument (In thousands) Carrying Fair Value Measurements Using: Value Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 13,490 $ 13,490 $ – $ – $ 13,490 Restricted cash and equivalents 149,299 149,299 – – 149,299 Finance receivables, net 70,551 – – 60,063 60,063 Accrued interest receivable 649 – – 649 649 Liabilities: Warehouse lines of credit $ 285,328 $ – $ – $ 285,328 $ 285,328 Accrued interest payable 6,190 – – 6,190 6,190 Securitization trust debt 2,108,744 – – 1,957,995 1,957,995 Subordinated renewable notes 25,263 – – 25,263 25,263 As of December 31, 2021 Financial Instrument (In thousands) Carrying Fair Value Measurements Using: Value Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 29,928 $ 29,928 $ – $ – $ 29,928 Restricted cash and equivalents 146,620 146,620 – – 146,620 Finance receivables, net 176,184 – – 178,795 178,795 Accrued interest receivable 2,269 – – 2,269 2,269 Liabilities: Warehouse lines of credit $ 105,610 $ – $ – $ 105,610 $ 105,610 Accrued interest payable 3,568 – – 3,568 3,568 Securitization trust debt 1,759,972 – – 1,740,901 1,740,901 Subordinated renewable notes 26,459 – – 26,459 26,459

13) Subsequent Events

13) Subsequent Events	12 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
13) Subsequent Events	13) Subsequent Events On January 25, 2023 we executed our first securitization of 2023. In the transaction, qualified institutional buyers purchased $324.8 million of asset-backed notes secured by $362.9 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2023-A, consist of five classes. Ratings of the notes were provided by Standard & Poor’s and DBRS Morningstar, and were based on the structure of the transaction, the historical performance of similar receivables and CPS’s experience as a servicer. The weighted average yield on the notes is approximately 6.82%. The 2023-A transaction has initial credit enhancement consisting of a cash deposit equal to 1.00% of the original receivable pool balance and overcollateralization of 10.50%. The transaction agreements require accelerated payment of principal on the notes to reach overcollateralization of the lesser of 14.00% of the original receivable pool balance, or 38.00% of the then outstanding pool balance. The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law.

(1) Summary of Significant Ac_2

(1) Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Description of Business	Description of Business Consumer Portfolio Services, Inc. ("CPS") was incorporated in California on March 8, 1991. CPS and its subsidiaries (collectively, the "Company") specialize in purchasing and servicing retail automobile installment sale contracts ("Contracts") originated by licensed motor vehicle dealers ("Dealers") located throughout the United States. Customers located in California, Texas, Ohio, Illinois, Florida, Pennsylvania, and Indiana represented 8.2 7.8 7.6 5.7 5.1 4.6 4.6 10.9 6.1 9.3 3.6 5.0 4.6 5.0 We are subject to various regulations and laws as they relate to the extension of credit in consumer credit transactions. Failure to comply with such laws and regulations could have a material adverse effect on the Company.
Principles of Consolidation	Principles of Consolidation The Consolidated Financial Statements include the accounts of Consumer Portfolio Services, Inc. and its wholly-owned subsidiaries, certain of which are special purpose subsidiaries ( " "
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statements of cash flows, we consider all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. Cash equivalents consist of cash on hand and due from banks and money market accounts. Substantially all of our cash is deposited at three financial institutions. We maintain cash due from banks in excess of the banks' insured deposit limits. We do not believe we are exposed to any significant credit risk on these deposits. As part of certain financial covenants related to debt facilities, we are required to maintain a minimum unrestricted cash balance. As of December 31, 2022, our unrestricted cash balance was $ 13.5 million
Finance Receivables	Finance Receivables Finance receivables, which we have the intent and ability to hold for the foreseeable future or until maturity or payoff, are presented at cost. All finance receivable contracts are held for investment. Interest income is accrued on the unpaid principal balance. Origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the interest method without anticipating prepayments. Generally, payments received on finance receivables are restricted to certain securitized pools, and the related contracts cannot be resold. Finance receivables are charged off pursuant to the controlling documents of certain securitized pools, generally as described below under Charge Off Policy. Management may authorize an extension of payment terms if collection appears likely during the next calendar month. Our portfolio of finance receivables consists of small-balance homogeneous contracts that are collectively evaluated for impairment on a portfolio basis. We report delinquency on a contractual basis. Once a Contract becomes greater than 90 days delinquent, we do not recognize additional interest income until the obligor under the Contract makes sufficient payments to be less than 90 days delinquent. Any payments received on a Contract that is greater than 90 days delinquent are first applied to accrued interest and then to principal reduction.
Finance Receivables Measured at Fair Value	Finance Receivables Measured at Fair Value Effective January 1, 2018, we adopted the fair value method of accounting for finance receivables acquired on or after that date. For each finance receivable acquired after 2017, we consider the price paid on the purchase date as the fair value for such receivable. We estimate the cash to be received in the future with respect to such receivables, based on our experience with similar receivables acquired in the past. We then compute the internal rate of return that results in the present value of those estimated cash receipts being equal to the purchase date fair value. Thereafter, we recognize interest income on such receivables on a level yield basis using that internal rate of return as the applicable interest rate. Cash received with respect to such receivables is applied first against such interest income, and then to reduce the recorded value of the receivables. We re-evaluate the fair value of such receivables at the close of each measurement period. If the reevaluation were to yield a value materially different from the recorded value, an adjustment would be required. For the twelve-month period ended December 31, 2022 include a $ 15.3 million 4.4 million Anticipated credit losses are included in our estimation of cash to be received with respect to receivables. Because such credit losses are included in our computation of the appropriate level yield, we do not thereafter make periodic provision for credit losses, as our best estimate of the lifetime aggregate of credit losses is included in that initial computation. Also because we include anticipated credit losses in our computation of the level yield, the computed level yield is materially lower than the average contractual rate applicable to the receivables. Because our initial recorded value is fixed as the price we pay for the receivable, rather than as the contractual principal balance, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred.
Allowance for Finance Credit Losses	Allowance for Finance Credit Losses In order to estimate an appropriate allowance for losses likely incurred on finance receivables, we use a loss allowance methodology commonly referred to as " "
Charge Off Policy	Charge Off Policy Delinquent contracts for which the related financed vehicle has been repossessed are generally charged off at the earliest of (1) the month in which the proceeds from the sale of the financed vehicle are received, (2) the month in which 90 days have passed from the date of repossession or (3) the month in which the Contract becomes seven scheduled payments past due (see Repossessed and Other Assets below). The amount charged off is the remaining principal balance of the Contract, after the application of the net proceeds from the liquidation of the financed vehicle. With respect to delinquent contracts for which the related financed vehicle has not been repossessed, the remaining principal balance is generally charged off no later than the end of the month that the Contract becomes five scheduled payments past due.
Contract Acquisition Fees and Origination Costs	Contract Acquisition Fees and Origination Costs Upon purchase of a Contract from a Dealer, we generally either charge or advance the Dealer an acquisition fee. Dealer acquisition fees and deferred origination costs are applied to the recorded value of finance receivables and are accreted into earnings as an adjustment to the yield over the estimated life of the Contract using the interest method. However, for receivables measured at fair value, we do not record acquisition fees as an amortizing asset related to the receivables, nor do we capitalize costs of acquiring the receivables. Rather we recognize the costs of acquisition as expenses in the period incurred.
Repossessed and Other Assets	Repossessed and Other Assets If a Contract obligor fails to make or keep promises for payments, or if the obligor is uncooperative or attempts to evade contact or hide the vehicle, a supervisor will review the collection activity relating to the account to determine if repossession of the vehicle is warranted. Generally, such a decision is made between the 60th and 90th day past the obligor’s payment due date, but could occur sooner or later, depending on the specific circumstances. At the time the vehicle is repossessed we stop accruing interest on the Contract, and reclassify the remaining Contract balance to the line item "Other Assets" on our Consolidated Balance Sheet at its estimated fair value less costs to sell. Included in other assets in the accompanying Consolidated Balance Sheets are repossessed vehicles pending sale of $ 571,000 2.5 million
reatment of Securitizations	T reatment of Securitizations Our term securitization structure has generally been as follows: We sell contracts we acquire to a wholly-owned SPS, which has been established for the limited purpose of buying and reselling our contracts. The SPS then transfers the same contracts to another entity, typically a statutory trust ( " " " " " " " " " " " " Our warehouse securitization structures are similar to the above, except that (i) the SPS that purchases the contracts pledges the contracts to secure promissory notes or loans that it issues, and (ii) no increase in the required amount of Credit Enhancement is contemplated. Upon each sale of contracts in a securitization structured as a secured financing, we retain as assets on our Consolidated Balance Sheet the securitized contracts and record as indebtedness the Notes issued in the transaction. We have the power to direct the most significant activities of the SPS. In addition, we have the obligation to absorb losses and the rights to receive benefits from the SPS, both of which could be potentially significant to the SPS. These types of securitization structures are treated as secured financings, in which the receivables remain on our Consolidated Balance Sheet, and the debt issued by the SPS is shown as a securitization trust debt on our Consolidated Balance Sheet. We receive periodic base servicing fees for the servicing and collection of the contracts. In addition, we are entitled to the cash flows from the Trusts that represent collections on the contracts in excess of the amounts required to pay principal and interest on the Notes, the base servicing fees, and certain other fees (such as trustee and custodial fees). Required principal payments on the Notes are generally defined as the payments sufficient to keep the principal balance of the Notes equal to the aggregate principal balance of the related contracts (excluding those contracts that have been charged off), or a pre-determined percentage of such balance. Where that percentage is less than 100%, the related Securitization Agreements require accelerated payment of principal until the principal balance of the Notes is reduced to the specified percentage. Such accelerated principal payment is said to create " " If the amount of cash required for payment of fees, interest and principal on the senior Notes exceeds the amount collected during the collection period, the shortfall is generally withdrawn from the Spread Account, if any. If the cash collected during the period exceeds the amount necessary for the above allocations plus required principal payments on the subordinated Notes, if any, and there is no shortfall in the related Spread Account or other form of Credit Enhancement, the excess is released to us. If the total Credit Enhancement amount is not at the required level, then the excess cash collected is retained in the Trust until the specified level is achieved. Cash in the Spread Accounts is restricted from our use. Cash held in the various Spread Accounts is invested in high quality, liquid investment securities, as specified in the Securitization Agreements. In all of our term securitizations we have transferred the receivables (through a subsidiary) to the securitization Trust. We report the assets and liabilities of the securitization Trust on our Consolidated Balance Sheet. The Noteholders’ and the related securitization Trusts’ recourse against us for failure of the contract obligors to make payments on a timely basis is limited, in general, to our Finance Receivables, and Spread Accounts.
Servicing	Servicing We consider the contractual servicing fee received on our managed portfolio held by non-consolidated subsidiaries to be equal to adequate compensation. Additionally, we consider that these fees would fairly compensate a substitute servicer, should one be required. As a result, no servicing asset or liability has been recognized. Servicing fees received on the managed portfolio held by non-consolidated subsidiaries are reported as income when earned. Servicing fees received on the managed portfolio held by consolidated subsidiaries are included in interest income when earned. Servicing costs are charged to expense as incurred. Servicing fees receivable, which are included in Other Assets in the accompanying Consolidated Balance Sheets, represent fees earned but not yet remitted to us by the trustee.
Furniture and Equipment	Furniture and Equipment Furniture and equipment are stated at cost net of accumulated depreciation. We calculate depreciation using the straight-line method over the estimated useful lives of the assets, which range from three to five years. Assets held under capital leases and leasehold improvements are amortized over the lesser of the estimated useful lives of the assets or the related lease terms. Amortization expense on assets acquired under capital lease is included with depreciation expense on owned assets.
Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of	Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of Long-lived assets and certain identifiable intangibles are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less costs to sell.
Other Income	Other Income The following table presents the primary components of Other Income: Schedule of other income Year Ended December 31, 2022 2021 2020 (In thousands) Third-party portfolio $ 6,814 $ – $ – Direct mail revenues 774 3,391 3,312 Convenience fee revenue 218 590 1,490 Recoveries on previously charged-off contracts 71 115 111 Sales tax refunds 737 580 748 Other 575 1,286 46 Other income for the period $ 9,189 $ 5,962 $ 5,707
Earnings Per Share	Earnings Per Share Earnings per share were calculated using the weighted average number of shares outstanding for the related period. The following table illustrates the computation of basic and diluted earnings per share: Schedule of computation of earnings per share Year Ended December 31, 2022 2021 2020 (In thousands, except per share data) Numerator: Numerator for basic and diluted earnings per share $ 85,983 $ 47,524 $ 21,677 Denominator: Denominator for basic earnings per share - weighted average number of common shares outstanding during the year 20,958 22,562 22,611 Incremental common shares attributable to exercise of outstanding options and warrants 5,631 3,218 1,392 Denominator for diluted earnings per share 26,589 25,780 24,003 Basic earnings per share $ 4.10 $ 2.11 $ 0.96 Diluted earnings per share $ 3.23 $ 1.84 $ 0.90 Incremental shares of 1.2 million 5.7 million 13.6 million
Deferral and Amortization of Debt Issuance Costs	Deferral and Amortization of Debt Issuance Costs Costs related to the issuance of debt are deferred and amortized using the interest method over the contractual or expected term of the related debt. Unamortized debt issuance costs are presented as a direct deduction to the carrying amount of the related debt on our Consolidated Balance Sheets.
Income Taxes	Income Taxes The Company and its subsidiaries file a consolidated federal income tax return and combined or stand-alone state franchise tax returns for certain states. We utilize the asset and liability method of accounting for income taxes, under which deferred income taxes are recognized for the future tax consequences attributable to the differences between the financial statement values of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date. We estimate a valuation allowance against that portion of the deferred tax asset whose utilization in future periods is not more than likely.
Purchases of Company Stock	Purchases of Company Stock We record purchases of our own common stock at cost and treat the shares as retired.
Stock Option Plan	Stock Option Plan The Company accounts for stock-based compensation in accordance with FASB ASC Topic 718, Compensation—Stock Compensation
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, as well as the reported amounts of income and expenses during the reported periods. These are material estimates that could be susceptible to changes in the near term and, accordingly, actual results could differ from those estimates.
Reclassification	Reclassification Certain amounts for the prior year have been reclassified to conform to the current year’s presentation with no effect on previously reported earnings or shareholders’ equity.
Financial Covenant	Financial Covenant Certain of our securitization transactions, our residual interest financing and our warehouse credit facilities contain various financial covenants requiring certain minimum financial ratios and results. Such covenants include maintaining minimum levels of liquidity and net worth and not exceeding maximum leverage levels. In addition, certain securitization and non-securitization related debt contain cross-default provisions that would allow certain creditors to declare a default if a default occurred under a different facility. As of December 31, 2022 we were in compliance with all such financial covenants.
Provision for Contingent Liabilities	Provision for Contingent Liabilities We are routinely involved in various legal proceedings resulting from our consumer finance activities and practices, both continuing and discontinued. Our legal counsel has advised us on such matters where, based on information available at the time of this report, there is an indication that it is both probable that a liability has been incurred and the amount of the loss can be reasonably determined. We have recorded a liability as of December 31, 2022, which represents our estimate of the immaterial aggregate probable incurred losses for legal contingencies. The amount of losses that may ultimately be incurred, over and above such losses as are probable, cannot be estimated with certainty.

(1) Summary of Significant Ac_3

(1) Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of other income	Schedule of other income Year Ended December 31, 2022 2021 2020 (In thousands) Third-party portfolio $ 6,814 $ – $ – Direct mail revenues 774 3,391 3,312 Convenience fee revenue 218 590 1,490 Recoveries on previously charged-off contracts 71 115 111 Sales tax refunds 737 580 748 Other 575 1,286 46 Other income for the period $ 9,189 $ 5,962 $ 5,707
Schedule of computation of earnings per share	Schedule of computation of earnings per share Year Ended December 31, 2022 2021 2020 (In thousands, except per share data) Numerator: Numerator for basic and diluted earnings per share $ 85,983 $ 47,524 $ 21,677 Denominator: Denominator for basic earnings per share - weighted average number of common shares outstanding during the year 20,958 22,562 22,611 Incremental common shares attributable to exercise of outstanding options and warrants 5,631 3,218 1,392 Denominator for diluted earnings per share 26,589 25,780 24,003 Basic earnings per share $ 4.10 $ 2.11 $ 0.96 Diluted earnings per share $ 3.23 $ 1.84 $ 0.90

(3) Finance Receivables (Tables

(3) Finance Receivables (Tables)	12 Months Ended
	Dec. 31, 2022
Finance Receivables
Schedule of finance receivables	Schedule of finance receivables December 31, 2022 2021 Finance receivables (In thousands) Automobile finance receivables, net of unearned interest $ 92,304 $ 232,390 Unearned acquisition fees, discounts and deferred origination costs, net – – Finance receivables $ 92,304 $ 232,390 We consider an automobile contract delinquent when an obligor fails to make at least 90% of a contractually due payment by the following due date, which date may have been extended within limits specified in the servicing agreements. The period of delinquency is based on the number of days payments are contractually past due, as extended where applicable. Automobile contracts less than 31 days delinquent are not reported as delinquent. In certain circumstances we will grant obligors one-month payment extensions. The only modification of terms is to advance the obligor’s next due date by one month and extend the maturity date of the receivable by one month. In certain limited cases, a two-month extension may be granted. There are no other concessions, such as a reduction in interest rate, forgiveness of principal or of accrued interest. Accordingly, we consider such extensions to be insignificant delays in payments rather than troubled debt restructurings. The following table summarizes the delinquency status of finance receivables as of December 31, 2022 and 2021:
Schedule of amortized cost basis of finance receivables	Schedule of amortized cost basis of finance receivables December 31, 2022 2021 Delinquency Status (In thousands) Current $ 65,764 $ 186,625 31-60 days 16,796 30,980 61-90 days 7,756 12,070 91 + days 1,988 2,715 $ 92,304 $ 232,390
Schedule of amortized cost basis of finance receivables	Schedule of amortized cost basis of finance receivables December 31, 2022 2021 (In thousands) Annual Vintage Pool 2012 and prior $ 33 $ 131 2013 231 1,091 2014 1,601 6,881 2015 8,627 29,695 2016 28,632 76,728 2017 53,180 117,864 Total amortized cost basis $ 92,304 $ 232,390
Schedule of allowance for finance credit losses	Schedule of allowance for finance credit losses December 31, 2022 2021 2020 (In thousands) Balance at beginning of year $ 56,206 $ 80,790 $ 11,640 Impact of adoption ASC 326 n/a n/a 127,000 Provision for credit losses on finance receivables (28,100 ) (14,590 ) 14,113 Charge-offs (18,319 ) (30,940 ) (90,824 ) Recoveries 11,966 20,946 18,861 Balance at end of year $ 21,753 $ 56,206 $ 80,790
Schedule of allowance for losses on repossessed inventory	Schedule of allowance for losses on repossessed inventory December 31, 2022 2021 (In thousands) Gross balance of repossessions in inventory $ 1,894 $ 4,341 Allowance for losses on repossessed inventory (1,323 ) (1,871 ) Net repossessed inventory included in other assets $ 571 $ 2,470

(4) Furniture and Equipment (Ta

(4) Furniture and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of furniture and equipment	Schedule of furniture and equipment December 31, 2022 2021 (In thousands) Furniture and fixtures $ 1,936 $ 1,936 Computer and telephone equipment 6,349 5,216 Leasehold improvements 1,570 1,507 9,855 8,659 Less: accumulated depreciation and amortization (8,195 ) (7,530 ) $ 1,660 $ 1,129

(5) Securitization Trust Debt (

(5) Securitization Trust Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Securitization Trust Debt
Schedule of securitization trust debt	Schedule of securitization trust debt Weighted Average Final Receivables Outstanding Outstanding Contractual Debt Scheduled Pledged at Principal at Principal at Interest Rate at Payment December 31, Initial December 31, December 31, December 31, Series Date (1) 2022 (2) Principal 2022 2021 2022 (Dollars in thousands) CPS 2017-A April 2024 $ – $ 206,320 $ – $ 17,644 – CPS 2017-B December 2023 – 225,170 – 12,491 – CPS 2017-C September 2024 – 224,825 – 25,846 – CPS 2017-D June 2024 – 196,300 – 26,744 – CPS 2018-A March 2025 16,642 190,000 12,939 29,518 5.17 CPS 2018-B December 2024 20,897 201,823 17,077 36,092 5.61 CPS 2018-C September 2025 24,589 230,275 20,222 42,765 6.07 CPS 2018-D June 2025 30,015 233,730 25,563 49,634 5.82 CPS 2019-A March 2026 38,138 254,400 32,898 62,667 5.49 CPS 2019-B June 2026 39,755 228,275 33,897 61,730 5.39 CPS 2019-C September 2026 46,903 243,513 41,515 75,065 4.35 CPS 2019-D December 2026 60,856 274,313 53,625 98,625 3.71 CPS 2020-A March 2027 56,226 260,000 52,705 99,485 3.99 CPS 2020-B June 2027 63,849 202,343 41,736 87,048 6.16 CPS 2020-C November 2027 86,061 252,200 72,894 138,899 3.24 CPS 2021-A March 2028 90,801 230,545 72,076 147,516 1.39 CPS 2021-B June 2028 113,723 240,000 101,206 179,856 1.86 CPS 2021-C September 2028 165,102 291,000 147,593 250,003 1.60 CPS 2021-D December 2028 224,055 349,202 209,277 330,325 1.85 CPS 2022-A April 2029 243,580 316,800 222,613 – 2.16 CPS 2022-B October 2029 355,224 395,600 325,907 – 4.16 CPS 2022-C April 2030 394,782 391,600 346,714 – 5.24 CPS 2022-D August 2030 322,973 307,018 292,461 – 7.37 $ 2,394,171 $ 5,945,252 $ 2,122,919 $ 1,771,953 _________________________ (1) The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the Trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $ 804.4 million 578.9 million 339.1 million 202.3 million 128.1 million 55.3 million 0.6 million (2) Includes repossessed assets that are included in Other Assets on our Consolidated Balance Sheets.

(6) Debt (Tables)

(6) Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of debt outstanding	Schedule of debt outstanding Amount Outstanding at December 31, December 31, 2022 2021 (In thousands) Description Interest Rate Maturity Warehouse lines of credit 3.00% over CP yield rate (Minimum 3.75%) 7.48% and 3.75% July 2024 $ 150,293 $ 70,590 4.15% over a commercial paper rate (Minimum 5.15%) 8.60% and 5.15% January 2024 137,585 35,420 Residual interest financing 8.60 January 2026 – 4,311 Residual interest financing 7.86 June 2026 50,000 50,000 Subordinated renewable notes Weighted average rate of 7.82 8.93 Weighted average maturity of October 2024 January 2024 25,263 26,459 $ 363,141 $ 186,780
Schedule of expected maturity amounts for long-term debt	Schedule of expected maturity amounts for long-term debt Subordinated Contractual maturity renewable date notes (In thousands) 2023 $ 13,800 2024 2,798 2025 3,146 2026 3,264 2027 837 Thereafter 1,418 Total $ 25,263

(7) Shareholders_ Equity (Table

(7) Shareholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Schedule of stock purchases	Schedule of stock purchases Twelve Months Ended December 31, 2022 December 31, 2021 Shares Avg. Price Shares Avg. Price Open market purchases 3,246,511 $ 10.44 1,639,138 $ 6.98 Shares redeemed upon net exercise of stock options 893,153 13.56 245,743 6.95 Other – – 1,999,995 6.26 Total stock purchases 4,139,664 $ 11.11 3,884,876 $ 3.97
Schedule of assumptions for stock options	Schedule of assumptions for stock options Year Ended December 31, 2022 2021 2020 Expected life (years) 4.00 4.00 4.01 Risk-free interest rate 2.38 0.49 0.25 Volatility 76 72 73 Expected dividend yield – – –
Schedule of option activity	Schedule of option activity Weighted Number of Weighted Average Shares Average Remaining (in thousands) Exercise Price Contractual Term Options outstanding at the beginning of period 13,075 $ 4.54 N/A Granted 1,710 10.28 N/A Exercised (3,128 ) 4.89 N/A Forfeited/Expired (490 ) 7.07 N/A Options outstanding at the end of period 11,167 $ 5.21 3.15 Options exercisable at the end of period 7,770 $ 4.56 2.12
Schedule of options outstanding and exercisable	Schedule of options outstanding and exercisable Number of shares as of Number of shares as of December 31, 2022 December 31, 2021 Outstanding Exercisable Outstanding Exercisable (In thousands) (In thousands) Range of exercise prices: $0.95 - $1.99 – – 577 577 $2.00 - $2.99 1,445 775 1,517 489 $3.00 - $3.99 3,785 3,495 4,285 3,382 $4.00 - $4.99 2,739 1,802 2,870 1,410 $5.00 - $5.99 – – – – $6.00 - $6.99 740 740 2,651 2,652 $7.00 - $7.99 748 748 1,175 1,175 $10.00 - $10.99 1,710 210 – – Total shares 11,167 7,770 13,075 9,685

(8) Interest Income and Inter_2

(8) Interest Income and Interest Expense (Tables)	12 Months Ended
	Dec. 31, 2022
Interest Income And Interest Expense
Schedule of interest income	Schedule of interest income Year Ended December 31, 2022 2021 2020 (In thousands) Interest on finance receivables $ 35,091 $ 69,783 $ 126,043 Interest on finance receivables at fair value 268,621 196,461 168,266 Mark to finance receivables measured at fair value 15,283 (4,417 ) (29,528 ) Other interest income 1,525 22 673 Interest income $ 320,520 $ 261,849 $ 265,454
Schedule of interest expense	Schedule of interest expense Year Ended December 31, 2022 2021 2020 (In thousands) Securitization trust debt $ 70,627 $ 64,387 $ 88,031 Warehouse lines of credit 10,310 4,448 7,678 Residual interest financing 4,243 3,763 3,454 Subordinated renewable notes 2,344 2,641 2,175 Interest expense $ 87,524 $ 75,239 $ 101,338

(9) Income Taxes (Tables)

(9) Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of income tax expense	Schedule of income tax expense Year Ended December 31, 2022 2021 2020 (In thousands) Current federal tax expense $ 16,946 $ 8,992 $ (23,576 ) Current state tax expense 3,352 2,845 472 Deferred federal tax expense 5,573 3,012 18,937 Deferred state tax expense 4,339 3,373 2,610 Income tax expense $ 30,210 $ 18,222 $ (1,557 )
Schedule of reconciliation of income taxes	Schedule of reconciliation of income taxes Year Ended December 31, 2022 2021 2020 (In thousands) Expense at federal tax rate $ 24,401 $ 13,807 $ 4,225 State taxes, net of federal income tax effect 6,462 3,974 1,505 Stock-based compensation (2,611 ) (947 ) 35 Non-deductible expenses 1,056 1,129 974 Net operating loss carryback – (1,694 ) (9,435 ) Effect of change in tax rate – – – Accounting method change – – – Other 902 1,953 1,139 Income tax expense $ 30,210 $ 18,222 $ (1,557 )
Schedule of deferred tax assets and liabilities	Schedule of deferred tax assets and liabilities December 31, 2022 2021 (In thousands) Deferred Tax Assets: Finance receivables $ 4,870 $ 10,644 Accrued liabilities 1,708 1,694 NOL carryforwards 450 2,070 Built in losses 2,024 2,679 Pension accrual – – Stock compensation 2,172 3,584 Lease liability 1,711 2,737 Other – – Total deferred tax assets $ 12,935 $ 23,408 Deferred Tax Liabilities: Finance receivables $ – $ – Deferred loan costs – – Pension accrual (752 ) (1,026 ) Lease right-of-use assets (1,572 ) (2,487 ) Furniture and equipment and other (434 ) (320 ) Total deferred tax liabilities (2,758 ) (3,833 ) Net deferred tax asset $ 10,177 $ 19,575

(10) Commitments and Continge_2

(10) Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Supplemental balance sheet information related to leases	Supplemental balance sheet information related to leases December 31, December 31, 2022 2021 (In thousands) Operating Leases Operating lease right-of-use assets $ 28,397 $ 25,819 Less: Accumulated amortization right-of-use assets (22,613 ) (17,624 ) Operating lease right-of-use assets, net $ 5,784 $ 8,195 Operating lease liabilities $ (6,234 ) $ (9,058 ) Finance Leases Property and equipment, at cost $ 3,407 $ 3,407 Less: Accumulated depreciation (3,301 ) (2,348 ) Property and equipment, net $ 106 $ 1,059 Finance lease liabilities $ (177 ) $ (1,124 ) Weighted Average Discount Rate Operating lease 5.0% 5.0% Finance lease 6.5% 6.5%
Maturities of leases	Maturities of leases Maturities of lease liabilities were as follows: (In thousands) Operating Finance Year Ending December 31, Lease Lease 2023 $ 4,378 $ 147 2024 1,544 26 2025 794 9 2026 501 – 2027 509 – Thereafter 650 – Total undiscounted lease payments 8,376 182 Less amounts representing interest (2,142 ) (5 ) Lease Liability $ 6,234 $ 177
Schedule of lease cost	Schedule of lease cost Year Ended December 31, 2022 2021 2020 (In thousands) Operating lease cost $ 6,650 $ 7,184 $ 7,523 Finance lease cost 987 1,229 1,179 Total lease cost $ 7,637 $ 8,413 $ 8,702
Supplemental cash flow information related to leases	Supplemental cash flow information related to leases Year Ended December 31, 2022 2021 2020 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,056 $ 7,474 $ 7,762 Operating cash flows from finance leases 948 1,118 1,007 Financing cash flows from finance leases 40 111 172

(11) Employee Benefits (Tables)

(11) Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2022
Retirement Benefits [Abstract]
Schedule of reconciliation of the change in the plan's benefit obligations	Schedule of reconciliation of the change in the plan's benefit obligations December 31, 2022 2021 (In thousands) Change in Projected Benefit Obligation Projected benefit obligation, beginning of year $ 22,280 $ 24,678 Interest cost 579 553 Assumption changes (5,450 ) (1,074 ) Actuarial (gain) loss 85 (222 ) Settlements (716 ) (865 ) Benefits paid (826 ) (790 ) Projected benefit obligation, end of year $ 15,952 $ 22,280 Change in Plan Assets Fair value of plan assets, beginning of year $ 26,098 $ 18,165 Return on assets (5,702 ) 8,703 Employer contribution – 1,124 Expenses (86 ) (239 ) Settlements (716 ) (865 ) Benefits paid (826 ) (790 ) Fair value of plan assets, end of year $ 18,768 $ 26,098 Funded Status at end of year $ 2,816 $ 3,818
Schedule of weighted average assumptions used to determine pension benefit obligations	Schedule of weighted average assumptions used to determine pension benefit obligations December, 31 2022 2021 Weighted average assumptions used to determine benefit obligations Discount rate 4.87 2.65 Weighted average assumptions used to determine net periodic benefit cost Discount rate 2.65 2.28 Expected return on plan assets 7.25 7.25
Schedule of components of net periodic benefit cost	Schedule of components of net periodic benefit cost December 31, 2022 2021 2020 (In thousands) Amounts recognized on Consolidated Balance Sheet Other assets $ 2,816 $ 3,818 $ – Other liabilities – – (6,513 ) Net amount recognized $ 2,816 $ 3,818 $ (6,513 ) Amounts recognized in accumulated other comprehensive loss consists of: Net loss $ 5,716 $ 3,794 $ 13,297 Unrecognized transition asset – – – Net amount recognized $ 5,716 $ 3,794 $ 13,297 Components of net periodic benefit cost Interest cost $ 579 $ 553 $ 693 Expected return on assets (1,860 ) (1,301 ) (1,150 ) Amortization of transition asset – – – Amortization of net loss 105 896 839 Net periodic benefit cost (1,176 ) 148 382 Settlement (gain)/loss 256 (865 ) – Total $ (920 ) $ (717 ) $ 382 Benefit Obligation Recognized in Other Comprehensive Loss (Income) Net loss (gain) $ 1,003 $ (9,503 ) $ 205 Prior service cost (credit) – – – Amortization of prior service cost – – – Net amount recognized in other comprehensive loss (income) $ 1,003 $ (9,503 ) $ 205
Schedule of weighted average asset allocation of our pension benefits	Schedule of weighted average asset allocation of our pension benefits December 31, 2022 2021 Weighted Average Asset Allocation at Year-End Asset Category Equity securities 87 78 Debt securities 13 22 Cash and cash equivalents 0 0 Total 100 100
Schedule of estimated Future Benefit Payments	Schedule of estimated Future Benefit Payments Estimated Future Benefit Payments (In thousands) 2023 $ 990 2024 1,329 2025 1,315 2026 1,392 2027 1,265 Years 2028 - 2032 5,954 Anticipated Contributions in 2023 $ –
Schedule of fair value of plan assets	Schedule of fair value of plan assets December 31, 2022 Level 1 (1) Level 2 (2) Level 3 (3) Total Investment Name: (in thousands) Company Common Stock $ 7,848 $ – $ – $ 7,848 Large Cap Value – 2,037 – 2,037 Mid Cap Index – 594 – 594 Small Cap Growth – 546 – 546 Small Cap Value – 588 – 588 Large Cap Blend – 560 – 560 Growth – 1,843 – 1,843 International Growth – 2,251 – 2,251 Core Bond – 1,658 – 1,658 High Yield – 347 – 347 Inflation Protected Bond – 433 – 433 Money Market – 63 – 63 Total $ 7,848 $ 10,920 $ – $ 18,768 December 31, 2021 Level 1 (1) Level 2 (2) Level 3 (3) Total Investment Name: (in thousands) Company Common Stock $ 10,472 $ – $ – $ 10,472 Large Cap Value – 2,933 – 2,933 Mid Cap Index – 836 – 836 Small Cap Growth – 714 – 714 Small Cap Value – 868 – 868 Large Cap Blend – 859 – 859 Growth – 2,915 – 2,915 International Growth – 3,036 – 3,036 Core Bond – 2,316 – 2,316 High Yield – 473 – 473 Inflation Protected Bond – 641 – 641 Money Market – 35 – 35 Total $ 10,472 $ 15,626 $ – $ 26,098

(12) Fair Value Measurements (T

(12) Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis	Schedule of reconciliation of the finance receivables measured at fair value on a recurring basis Twelve Months Ended December 31, 2022 2021 (In thousands) Balance at beginning of period $ 1,749,098 $ 1,523,726 Finance receivables at fair value acquired during period 1,673,166 1,107,537 Payments received on finance receivables at fair value (825,783 ) (743,728 ) Net interest income accretion on fair value receivables (135,147 ) (134,020 ) Mark to fair value 15,283 (4,417 ) Balance at end of period $ 2,476,617 $ 1,749,098
Schedule of finance receivables to their contractual balances	Schedule of finance receivables to their contractual balances December 31, 2022 December 31, 2021 Contractual Fair Contractual Fair Balance Value Balance Value (In thousands) Finance receivables measured at fair value $ 2,701,184 $ 2,476,617 $ 1,972,699 $ 1,749,098
Schedule of level 3 fair value measurements	Schedule of level 3 fair value measurements Financial Instrument Fair Values as of Inputs as of December 31, December 31, 2022 2021 Unobservable Inputs 2022 2021 (In thousands) Assets: Finance receivables measured at fair value $ 2,476,617 $ 1,749,098 Discount rate 11.0%-11.3% 10.6% - 11.3% Cumulative net losses 13.4%-19.4% 10.0% - 18.4%
Schedule of delinquency status of finance receivables measured at fair value	Schedule of delinquency status of finance receivables measured at fair value December 31, December 31, 2022 2021 (In thousands) Delinquency Status Current $ 2,375,271 $ 1,787,641 31 - 60 days 184,968 115,924 61 - 90 days 72,390 38,999 91 + days 29,048 11,564 Repo 39,507 18,571 $ 2,701,184 $ 1,972,699
Schedule of fair values of financial assets and liabilities	Schedule of fair values of financial assets and liabilities As of December 31, 2022 Financial Instrument (In thousands) Carrying Fair Value Measurements Using: Value Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 13,490 $ 13,490 $ – $ – $ 13,490 Restricted cash and equivalents 149,299 149,299 – – 149,299 Finance receivables, net 70,551 – – 60,063 60,063 Accrued interest receivable 649 – – 649 649 Liabilities: Warehouse lines of credit $ 285,328 $ – $ – $ 285,328 $ 285,328 Accrued interest payable 6,190 – – 6,190 6,190 Securitization trust debt 2,108,744 – – 1,957,995 1,957,995 Subordinated renewable notes 25,263 – – 25,263 25,263 As of December 31, 2021 Financial Instrument (In thousands) Carrying Fair Value Measurements Using: Value Level 1 Level 2 Level 3 Total Assets: Cash and cash equivalents $ 29,928 $ 29,928 $ – $ – $ 29,928 Restricted cash and equivalents 146,620 146,620 – – 146,620 Finance receivables, net 176,184 – – 178,795 178,795 Accrued interest receivable 2,269 – – 2,269 2,269 Liabilities: Warehouse lines of credit $ 105,610 $ – $ – $ 105,610 $ 105,610 Accrued interest payable 3,568 – – 3,568 3,568 Securitization trust debt 1,759,972 – – 1,740,901 1,740,901 Subordinated renewable notes 26,459 – – 26,459 26,459

(1) Summary of Significant Ac_4

(1) Summary of Significant Accounting Policies (Details - Other income) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other income for the period	$ 9,189	$ 5,962	$ 5,707
Third Party Portfoilo [Member]
Other income for the period	6,814	0	0
Direct Mail Revenues [Member]
Other income for the period	774	3,391	3,312
Convenience Fee Revenue [Member]
Other income for the period	218	590	1,490
Recoveries on previously charged-off contracts [Member]
Other income for the period	71	115	111
Sales Tax Refunds [Member]
Other income for the period	737	580	748
Other Income [Member]
Other income for the period	$ 575	$ 1,286	$ 46

(1) Summary of Significant Ac_5

(1) Summary of Significant Accounting Policies (Details - Earning per share) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Numerator for basic and diluted earnings per share	$ 85,983	$ 47,524	$ 21,677
Denominator for basic earnings per share - weighted average number of common shares outstanding during the year	20,958	22,562	22,611
Incremental common shares attributable to exercise of outstanding options and warrants	5,631	3,218	1,392
Denominator for diluted earnings per share	26,589	25,780	24,003
Basic earnings per share	$ 4.10	$ 2.11	$ 0.96
Diluted earnings per share	$ 3.23	$ 1.84	$ 0.90

(1) Summary of Significant Ac_6

(1) Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Product Information [Line Items]
Unrestricted cash	$ 13,490,000	$ 29,928,000
Portfolio value	15,300,000	4,400,000
Other assets	$ 30,325,000	$ 34,775,000
Incremental shares excluded from EPS calculation	1,200,000	5,700,000	13,600,000
Repossessed Vehicles [Member] [Default Label]
Product Information [Line Items]
Other assets	$ 571,000	$ 2,500,000
Unrestricted Cash [Member]
Product Information [Line Items]
Unrestricted cash	$ 13,500,000
CALIFORNIA | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	8.20%	10.90%
TEXAS | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	7.80%	6.10%
OHIO | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	7.60%	9.30%
ILLINOIS | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	5.70%	3.60%
FLORIDA | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	5.10%	5%
PENNSYLVANIA | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	4.60%	4.60%
INDIANA | Dealer concentration [Member] | Geographic Concentration Risk [Member]
Product Information [Line Items]
Concentration percentage	4.60%	5%

(2) Restricted Cash (Details Na

(2) Restricted Cash (Details Narrative) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 149,300,000	$ 146,600,000
Securitization Transactions [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Restricted cash	$ 56,800,000	$ 49,000,000

(3) Finance Receivables (Detail

(3) Finance Receivables (Details - Components of Finance Receivables) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finance Receivables
Automobile finance receivables, net of unearned interest	$ 92,304	$ 232,390
Unearned acquisition fees, discounts and deferred origination costs, net	0	0
Finance receivables	$ 92,304	$ 232,390

(3) Finance Receivables (Deta_2

(3) Finance Receivables (Details - Delinquency status) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Total finance receivables with delinquency status	$ 92,304	$ 232,390
Financial Asset, 1 to 29 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total finance receivables with delinquency status	65,764	186,625
Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total finance receivables with delinquency status	16,796	30,980
Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total finance receivables with delinquency status	7,756	12,070
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total finance receivables with delinquency status	$ 1,988	$ 2,715

(3) Finance Receivables (Deta_3

(3) Finance Receivables (Details - Amortized Cost Basis) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Finance Receivables
2012 and prior	$ 33	$ 131
2013	231	1,091
2014	1,601	6,881
2015	8,627	29,695
2016	28,632	76,728
2017	53,180	117,864
Total amortized cost basis	$ 92,304	$ 232,390

(3) Finance Receivables (Deta_4

(3) Finance Receivables (Details - Summary of activity) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finance Receivables
Balance at beginning of year	$ 56,206	$ 80,790	$ 11,640
Impact of adopting ASC 326			127,000
Provision for credit losses on finance receivables	(28,100)	(14,590)	14,113
Charge-offs	(18,319)	(30,940)	(90,824)
Recoveries	11,966	20,946	18,861
Balance at end of year	$ 21,753	$ 56,206	$ 80,790

(3) Finance Receivables (Deta_5

(3) Finance Receivables (Details - Repossessed inventory) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finance Receivables
Gross balance of repossessions in inventory	$ 1,894	$ 4,341
Allowance for losses on repossessed inventory	(1,323)	(1,871)
Net repossessed inventory included in other assets	$ 571	$ 2,470

(3) Finance Receivables (Deta_6

(3) Finance Receivables (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finance Receivables
Finance receivables, non accrual status	$ 2,000,000	$ 2,700,000
Allowance for finance credit losses	127,000,000
Credit losses on finance receivables	$ 28,100,000	$ 14,600,000	$ 14,100,000

(4) Furniture and Equipment (De

(4) Furniture and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Furniture and equipment, gross	$ 9,855	$ 8,659
Less: accumulated depreciation and amortization	(8,195)	(7,530)
Furniture and equipment, net	1,660	1,129
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Furniture and equipment, gross	1,936	1,936
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Furniture and equipment, gross	6,349	5,216
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Furniture and equipment, gross	$ 1,570	$ 1,507

(4) Furniture and Equipment (_2

(4) Furniture and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 1,618,000	$ 1,675,000	$ 1,784,000

(5) Securitization Trust Debt_2

(5) Securitization Trust Debt (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Receivables Pledged at end of period	[1]	$ 2,394,171
Initial Principal		5,945,252
Outstanding Principal		2,122,919	$ 1,771,953
Securitization Trust Debt [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Securitization Trust Debt, payable in 2023		804,400,000
Securitization Trust Debt, payable in 2024		578,900,000
Securitization Trust Debt, payable in 2025		339,100,000
Securitization Trust Debt, payable in 2026		202,300,000
Securitization Trust Debt, payable in 2027		128,100,000
Securitization Trust Debt, payable in 2028		55,300,000
Securitization Trust Debt, payable in 2029		$ 600,000
CPS 2017-A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	April 2024
Receivables Pledged at end of period	[1]	$ 0
Initial Principal		206,320
Outstanding Principal		$ 0	17,644
Weighted Average Contractual Interest Rate		0%
CPS 2017-B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	December 2023
Receivables Pledged at end of period	[1]	$ 0
Initial Principal		225,170
Outstanding Principal		$ 0	12,491
Weighted Average Contractual Interest Rate		0%
CPS 2017-C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	September 2024
Receivables Pledged at end of period	[1]	$ 0
Initial Principal		224,825
Outstanding Principal		$ 0	25,846
Weighted Average Contractual Interest Rate		0%
CPS 2017-D [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	June 2024
Receivables Pledged at end of period	[1]	$ 0
Initial Principal		196,300
Outstanding Principal		$ 0	26,744
Weighted Average Contractual Interest Rate		0%
CPS 2018-A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	March 2025
Receivables Pledged at end of period	[1]	$ 16,642
Initial Principal		190,000
Outstanding Principal		$ 12,939	29,518
Weighted Average Contractual Interest Rate		5.17%
CPS 2018-B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	December 2024
Receivables Pledged at end of period	[1]	$ 20,897
Initial Principal		201,823
Outstanding Principal		$ 17,077	36,092
Weighted Average Contractual Interest Rate		5.61%
CPS 2018-C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	September 2025
Receivables Pledged at end of period	[1]	$ 24,589
Initial Principal		230,275
Outstanding Principal		$ 20,222	42,765
Weighted Average Contractual Interest Rate		6.07%
CPS 2018-D [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	June 2025
Receivables Pledged at end of period	[1]	$ 30,015
Initial Principal		233,730
Outstanding Principal		$ 25,563	49,634
Weighted Average Contractual Interest Rate		5.82%
CPS 2019-A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	March 2026
Receivables Pledged at end of period	[1]	$ 38,138
Initial Principal		254,400
Outstanding Principal		$ 32,898	62,667
Weighted Average Contractual Interest Rate		5.49%
CPS 2019-B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	June 2026
Receivables Pledged at end of period	[1]	$ 39,755
Initial Principal		228,275
Outstanding Principal		$ 33,897	61,730
Weighted Average Contractual Interest Rate		5.39%
CPS 2019-C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	September 2026
Receivables Pledged at end of period	[1]	$ 46,903
Initial Principal		243,513
Outstanding Principal		$ 41,515	75,065
Weighted Average Contractual Interest Rate		4.35%
CPS 2019-D [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	December 2026
Receivables Pledged at end of period	[1]	$ 60,856
Initial Principal		274,313
Outstanding Principal		$ 53,625	98,625
Weighted Average Contractual Interest Rate		3.71%
CPS 2020-A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	March 2027
Receivables Pledged at end of period	[1]	$ 56,226
Initial Principal		260,000
Outstanding Principal		$ 52,705	99,485
Weighted Average Contractual Interest Rate		3.99%
CPS 2020-B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	June 2027
Receivables Pledged at end of period	[1]	$ 63,849
Initial Principal		202,343
Outstanding Principal		$ 41,736	87,048
Weighted Average Contractual Interest Rate		6.16%
CPS 2020-C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	November 2027
Receivables Pledged at end of period	[1]	$ 86,061
Initial Principal		252,200
Outstanding Principal		$ 72,894	138,899
Weighted Average Contractual Interest Rate		3.24%
CPS 2021-A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	March 2028
Receivables Pledged at end of period	[1]	$ 90,801
Initial Principal		230,545
Outstanding Principal		$ 72,076	147,516
Weighted Average Contractual Interest Rate		1.39%
CPS 2021-B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	June 2028
Receivables Pledged at end of period	[1]	$ 113,723
Initial Principal		240,000
Outstanding Principal		$ 101,206	179,856
Weighted Average Contractual Interest Rate		1.86%
CPS 2021 C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	September 2028
Receivables Pledged at end of period	[1]	$ 165,102
Initial Principal		291,000
Outstanding Principal		$ 147,593	250,003
Weighted Average Contractual Interest Rate		1.60%
CPS 2021 D [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	December 2028
Receivables Pledged at end of period	[1]	$ 224,055
Initial Principal		349,202
Outstanding Principal		$ 209,277	330,325
Weighted Average Contractual Interest Rate		1.85%
CPS 2022 A [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	April 2029
Receivables Pledged at end of period	[1]	$ 243,580
Initial Principal		316,800
Outstanding Principal		$ 222,613	0
Weighted Average Contractual Interest Rate		2.16%
CPS 2022 B [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	October 2029
Receivables Pledged at end of period	[1]	$ 355,224
Initial Principal		395,600
Outstanding Principal		$ 325,907	0
Weighted Average Contractual Interest Rate		4.16%
CPS 2022 C [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	April 2030
Receivables Pledged at end of period	[1]	$ 394,782
Initial Principal		391,600
Outstanding Principal		$ 346,714	0
Weighted Average Contractual Interest Rate		5.24%
C P S 2022 D [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Final Scheduled Payment Date	[2]	August 2030
Receivables Pledged at end of period	[1]	$ 322,973
Initial Principal		307,018
Outstanding Principal		$ 292,461	$ 0
Weighted Average Contractual Interest Rate		7.37%
[1]Includes repossessed assets that are included in Other Assets on our Consolidated Balance Sheets.[2]The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables pledged to the Trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be no assurance, are $ 804.4 million 578.9 million 339.1 million 202.3 million 128.1 million 55.3 million 0.6 million

(5) Securitization Trust Debt_3

(5) Securitization Trust Debt (Details Narrative) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Securitization Trust Debt
Debt issuance costs	$ 14,200,000	$ 12,000,000
Restricted cash under various agreements	$ 149,300,000	$ 146,600,000

(6) Debt (Details - Debt outsta

(6) Debt (Details - Debt outstanding) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Line of Credit Facility [Line Items]
Warehouse lines of credit	$ 285,328	$ 105,610
Residual interest financing	49,623	53,682
Subordinated renewable notes	25,263	26,459
Total debt outstanding	$ 363,141	$ 186,780
Subordinated renewable notes [Member]
Line of Credit Facility [Line Items]
Maturity date description	October 2024	January 2024
Debt Instrument, Interest Rate Terms	7.82	8.93
Warehouse Lines Of Credit 1 [Member]
Line of Credit Facility [Line Items]
Interest rate	3.00% over CP yield rate (Minimum 3.75%) 7.48% and 3.75%	3.00% over CP yield rate (Minimum 3.75%) 7.48% and 3.75%
Maturity date description	July 2024
Warehouse lines of credit	$ 150,293	$ 70,590
Warehouse Lines Of Credit 2 [Member]
Line of Credit Facility [Line Items]
Interest rate	4.15% over a commercial paper rate (Minimum 5.15%) 8.60% and 5.15%	4.15% over a commercial paper rate (Minimum 5.15%) 8.60% and 5.15%
Maturity date description	January 2024
Warehouse lines of credit	$ 137,585	$ 35,420
Residual interest financing [Member]
Line of Credit Facility [Line Items]
Maturity date description	January 2026
Interest rate	8.60%
Residual interest financing	$ 0	4,311
Residual Interest Financing 1 [Member]
Line of Credit Facility [Line Items]
Maturity date description	June 2026
Interest rate	7.86%
Residual interest financing	$ 50,000	50,000
Subordinated renewable notes [Member]
Line of Credit Facility [Line Items]
Subordinated renewable notes	$ 25,263	$ 26,459

(6) Debt (Details - Debt maturi

(6) Debt (Details - Debt maturity schedule) - Subordinated renewable notes [Member] $ in Thousands	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
2023	$ 13,800
2024	2,798
2025	3,146
2026	3,264
2027	837
Thereafter	1,418
Total	$ 25,263

(6) Debt (Details Narrative)

(6) Debt (Details Narrative) - USD ($)		12 Months Ended
	Jun. 30, 2022	Dec. 31, 2022	Dec. 31, 2021	May 11, 2012
Line of Credit Facility [Line Items]
Debt issuance costs		$ 2,600,000	$ 400,000
Line of credit outstanding facility amount		287,900,000	106,000,000
2021-1 Notes [Member]
Line of Credit Facility [Line Items]
Proceeds from residual interest financings	$ 50,000,000
Asset-backed notes issued	$ 50,000,000
Residual interest financing balance		50,000,000
PurchasesOfFinanceReceivablesHeldForInvestment
Line of Credit Facility [Line Items]
Unamortized debt issuance costs		377,000	$ 629,000
Agent Services L P [Member]
Line of Credit Facility [Line Items]
Line of credit outstanding facility amount		137,600,000
Warehouse Credit Facility [Member] | Citibank [Member]
Line of Credit Facility [Line Items]
Credit line maximum				$ 100,000,000
Long-term Line of Credit		$ 150,300,000

(7) Shareholders' Equity (Detai

(7) Shareholders' Equity (Details - Stock purchases) - Common Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Equity, Class of Treasury Stock [Line Items]
Total stock purchases, shares	4,139,664	3,884,876
Total stock purchases, average price per share	$ 11.11	$ 3.97
Open Market Purchases [Member]
Equity, Class of Treasury Stock [Line Items]
Total stock purchases, shares	3,246,511	1,639,138
Total stock purchases, average price per share	$ 10.44	$ 6.98
Shares Redeemed [Member]
Equity, Class of Treasury Stock [Line Items]
Total stock purchases, shares	893,153	245,743
Total stock purchases, average price per share	$ 13.56	$ 6.95
Other Share Repurchases [Member]
Equity, Class of Treasury Stock [Line Items]
Total stock purchases, shares	0	1,999,995
Total stock purchases, average price per share	$ 0	$ 6.26

(7) Shareholders' Equity (Det_2

(7) Shareholders' Equity (Details - Assumptions)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Expected life (years)	4 years	4 years	4 years 3 days
Risk-free interest rate	2.38%	0.49%	0.25%
Volatility	76%	72%	73%
Expected dividend yield	0%	0%	0%

(7) Shareholders' Equity (Det_3

(7) Shareholders' Equity (Details - Option activity) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares options outstanding at the beginning of period	13,075
Number of shares options outstanding at the end of period	11,167
Number of shares options exercisable at the end of period	7,770	9,685
Equity Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares options outstanding at the beginning of period	13,075
Weighted average exercise options outstanding at the beginning of period	$ 4.54
Number of shares Granted	1,710
Weighted average exercise granted	$ 10.28
Number of shares Exercised	(3,128)
Weighted average exercise exercised	$ 4.89
Number of shares Forfeited/Expired	(490)
Weighted average exercise Forfeited/Expired	$ 7.07
Number of shares options outstanding at the end of period	11,167
Weighted average exercise options outstanding at the end of period	$ 5.21
Weighted average remaining contractual term, end of period	3 years 1 month 24 days
Number of shares options exercisable at the end of period	7,770
Weighted average exercise options exercisable at the end of period	$ 4.56
Weighted average remaining contractual term, exercisable at the end of period	2 years 1 month 13 days

(7) Shareholders' Equity (Det_4

(7) Shareholders' Equity (Details - Options outstanding and exercisable) - shares shares in Thousands	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	11,167	13,075
Number of shares, exercisable	7,770	9,685
$0.95 - $1.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	0	577
Number of shares, exercisable	0	577
$2.00 - $2.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	1,445	1,517
Number of shares, exercisable	775	489
$3.00 - $3.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	3,785	4,285
Number of shares, exercisable	3,495	3,382
$4.00 - $4.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	2,739	2,870
Number of shares, exercisable	1,802	1,410
$5.00 - $5.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	0	0
Number of shares, exercisable	0	0
$6.00 - $6.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	740	2,651
Number of shares, exercisable	740	2,652
$7.00 - $7.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	748	1,175
Number of shares, exercisable	748	1,175
$10.00 - $10.99 [Member]
Share-Based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number of shares, outstanding	1,710	0
Number of shares, exercisable	210	0

(7) Shareholders_ Equity (Detai

(7) Shareholders’ Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 5.42	$ 2.65	$ 1.33
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	75%	79%	72%
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum	80%	71%	80%
Stock-based compensation expense	$ 4,400,000	$ 2,000,000	$ 1,900,000
Unrecognized stock-based compensation costs	$ 9,500,000
Weighted-average period for unrecognized costs	2 years 6 months
Intrinsic value options outstanding	$ 11,200,000	13,100,000
Intrinsic value of options exercisable	7,800,000	9,700,000
Intrinsic value of options exercised	23,400,000	$ 9,000,000
Proceeds from options exercised	$ 15,300,000
Authorizations prior to December 31, 2015 [Member]
Class of Stock [Line Items]
Options authorized under plan	22,200,000
Shares available for grant	2,661,000
Common Stock [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount	$ 35,000,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 8,300,000
Common Stock [Member]
Class of Stock [Line Items]
Stock Repurchased During Period, Shares	4,139,664	3,884,876
Treasury Stock Acquired, Average Cost Per Share	$ 11.11	$ 3.97

(8) Interest Income and Inter_3

(8) Interest Income and Interest Expense (Details - Interest income) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest Income And Interest Expense
Interest on finance receivables	$ 35,091	$ 69,783	$ 126,043
Interest on finance receivables at fair value	268,621	196,461	168,266
Mark to finance receivables measured at fair value	15,283	(4,417)	(29,528)
Other interest income	1,525	22	673
Interest income	$ 320,520	$ 261,849	$ 265,454

(8) Interest Income and Inter_4

(8) Interest Income and Interest Expense (Details - Interest expense) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Total interest expense	$ 87,524	$ 75,239	$ 101,338
Securitization Trust Debt [Member]
Debt Instrument [Line Items]
Total interest expense	70,627	64,387	88,031
Warehouse Lines Of Credit [Member]
Debt Instrument [Line Items]
Total interest expense	10,310	4,448	7,678
Residual interest financing [Member]
Debt Instrument [Line Items]
Total interest expense	4,243	3,763	3,454
Subordinated renewable notes [Member]
Debt Instrument [Line Items]
Total interest expense	$ 2,344	$ 2,641	$ 2,175

(9) Income Taxes (Details - Inc

(9) Income Taxes (Details - Income tax expense) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Current federal tax expense	$ 16,946	$ 8,992	$ (23,576)
Current state tax expense	3,352	2,845	472
Deferred federal tax expense	5,573	3,012	18,937
Deferred state tax expense	4,339	3,373	2,610
Income tax expense	$ 30,210	$ 18,222	$ (1,557)

(9) Income Taxes (Details - Tax

(9) Income Taxes (Details - Tax rate effect) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Expense at federal tax rate	$ 24,401	$ 13,807	$ 4,225
State taxes, net of federal income tax effect	6,462	3,974	1,505
Stock-based compensation	(2,611)	(947)	35
Non-deductible expenses	1,056	1,129	974
Net operating loss carryback	0	(1,694)	(9,435)
Effect of change in tax rate	0	0	0
Accounting method change	0	0	0
Other	902	1,953	1,139
Income tax expense	$ 30,210	$ 18,222	$ (1,557)

(9) Income Taxes (Details - Def

(9) Income Taxes (Details - Deferred taxes) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets:
Finance receivables	$ 4,870	$ 10,644
Accrued liabilities	1,708	1,694
NOL carryforwards	450	2,070
Built in losses	2,024	2,679
Pension accrual	0	0
Stock compensation	2,172	3,584
Lease liability	1,711	2,737
Other	0	0
Total deferred tax assets	12,935	23,408
Deferred Tax Liabilities:
Finance receivables	0	0
Deferred loan costs	0	0
Pension accrual	752	1,026
Lease right-of-use assets	(1,572)	(2,487)
Furniture and equipment and other	(434)	(320)
Total deferred tax liabilities	(2,758)	(3,833)
Net deferred tax asset	$ 10,177	$ 19,575

(9) Income Taxes (Details Narra

(9) Income Taxes (Details Narrative)	Dec. 31, 2022 USD ($)
Operating Loss Carryforwards [Line Items]
Net deferred tax asset	$ 10,200,000
Federal [Member]
Operating Loss Carryforwards [Line Items]
Net deferred tax asset	7,000,000
State [Member]
Operating Loss Carryforwards [Line Items]
Net deferred tax asset	3,200,000
Net operating loss carryforward	$ 42,400,000

(10) Commitments and Continge_3

(10) Commitments and Contingencies (Details - Supplemental balance sheet information related to leases) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
Operating lease right-of-use assets	$ 28,397	$ 25,819
Less: Accumulated amortization right-of-use assets	22,613	17,624
Operating lease right-of-use assets, net	5,784	8,195
Operating lease liabilities	(6,234)	(9,058)
Finance Leases
Property and equipment, at cost	3,407	3,407
Less: Accumulated depreciation	(3,301)	(2,348)
Property and equipment, net	106	1,059
Finance lease liabilities	$ (177)	$ (1,124)
Operating lease	5%	5%
Finance lease	6.50%	6.50%

(10) Commitments and Continge_4

(10) Commitments and Contingencies (Details - Maturities of lease liabilities) $ in Thousands	Dec. 31, 2022 USD ($)
Operating Lease [Member]
Operating lease maturing 2023	$ 4,378
Operating lease maturing 2024	1,544
Operating lease maturing 2025	794
Operating lease maturing 2026	501
Operating lease maturing 2027	509
Operating lease maturing thereafter	650
Total undiscounted operating lease payments	8,376
Less amounts representing interest	(2,142)
Operating Lease Liability	6,234
Finance Lease [Member]
Finance lease maturing 2023	147
Finance lease maturing 2024	26
Finance lease maturing 2025	9
Finance lease maturing 2026	0
Finance lease maturing 2027	0
Finance lease maturing thereafter	0
Total undiscounted finance lease payments	182
Less amounts representing interest	(5)
Finance Lease Liability	$ 177

(10) Commitments and Continge_5

(10) Commitments and Contingencies (Details - Lease cost) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 6,650	$ 7,184	$ 7,523
Finance lease cost	987	1,229	1,179
Total lease cost	$ 7,637	$ 8,413	$ 8,702

(10) Commitments and Continge_6

(10) Commitments and Contingencies (Details - Lease - Cash flow) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 7,056	$ 7,474	$ 7,762
Operating cash flows from finance leases	948	1,118	1,007
Financing cash flows from finance leases	$ 40	$ 111	$ 172

(10) Commitments and Continge_7

(10) Commitments and Contingencies (Details Narrative)	Dec. 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Probably losses for legal contingencies	$ 4,900,000
Maximum possible losses for legal proceedings and contingencies	$ 11,200,000

(11) Employee Benefits (Details

(11) Employee Benefits (Details - Reconciliation) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Projected benefit obligation, beginning of year	$ 22,280	$ 24,678
Projected benefit obligation, beginning of year	579	553	$ 693
Assumption changes	(5,450)	(1,074)
Actuarial (gain) loss	85	(222)
Settlements	(716)	(865)
Benefits paid	(826)	(790)
Projected benefit obligation, end of year	15,952	22,280	24,678
Fair value of plan assets, beginning of year	26,098	18,165
Return on assets	(5,702)	8,703
Employer contribution	0	1,124
Expenses	(86)	(239)
Settlements	(716)	(865)
Benefits paid	(826)	(790)
Fair value of plan assets, end of year	18,768	26,098	$ 18,165
Funded Status at end of year	$ 2,816	$ 3,818

(11) Employee Benefits (Detai_2

(11) Employee Benefits (Details - Weighted average assumptions)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Discount rate	4.87%	2.65%
Discount rate	2.65%	2.28%
Expected return on plan assets	7.25%	7.25%

(11) Employee Benefits (Detai_3

(11) Employee Benefits (Details - Amounts recognized) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Amounts recognized on Consolidated Balance Sheet
Other assets	$ 2,816	$ 3,818	$ 0
Other liabilities	0	0	(6,513)
Net amount recognized	2,816	3,818	(6,513)
Amounts recognized in accumulated other comprehensive loss consists of:
Net loss	5,716	3,794	13,297
Unrecognized transition asset	0	0	0
Net amount recognized	5,716	3,794	13,297
Components of net periodic benefit cost
Interest cost	579	553	693
Expected return on assets	(1,860)	(1,301)	(1,150)
Amortization of transition asset	0	0	0
Amortization of net loss	105	896	839
Net periodic benefit cost	(1,176)	148	382
Settlement (gain)/loss	256	(865)
Total	(920)	(717)	382
Benefit Obligation Recognized in Other Comprehensive Loss (Income)
Net loss (gain)	1,003	(9,503)	205
Prior service cost (credit)	0	0	0
Amortization of prior service cost	0	0	0
Net amount recognized in other comprehensive loss (income)	$ 1,003	$ (9,503)	$ 205

(11) Employee Benefits (Detai_4

(11) Employee Benefits (Details - Asset allocation)	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Weighted Average Asset Allocation at Year-End	100%	100%
Cash and Cash Equivalents [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Weighted Average Asset Allocation at Year-End	0%	0%
Equity Securities [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Weighted Average Asset Allocation at Year-End	87%	78%
Debt Securities [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Line Items]
Weighted Average Asset Allocation at Year-End	13%	22%

(11) Employee Benefits (Detai_5

(11) Employee Benefits (Details - Estimated future benefit payments) $ in Thousands	Dec. 31, 2022 USD ($)
Retirement Benefits [Abstract]
2023	$ 990
2024	1,329
2025	1,315
2026	1,392
2027	1,265
Years 2028 - 2032	5,954
Anticipated Contributions in 2023	$ 0

(11) Employee Benefits (Detai_6

(11) Employee Benefits (Details - Fair value of plan assets) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		$ 18,768	$ 26,098	$ 18,165
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	7,848	10,472
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	10,920	15,626
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Company Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		7,848	10,472
Company Common Stock [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	7,848	10,472
Company Common Stock [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	0	0
Company Common Stock [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Large Cap Value [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		2,037	2,933
Large Cap Value [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Large Cap Value [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	2,037	2,933
Large Cap Value [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Mid Cap Index [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		594	836
Mid Cap Index [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Mid Cap Index [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	594	836
Mid Cap Index [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Small Cap Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		546	714
Small Cap Growth [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Small Cap Growth [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	546	714
Small Cap Growth [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Small Cap Value [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		588	868
Small Cap Value [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Small Cap Value [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	588	868
Small Cap Value [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Large Cap Blend [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		560	859
Large Cap Blend [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Large Cap Blend [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	560	859
Large Cap Blend [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		1,843	2,915
Growth [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Growth [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	1,843	2,915
Growth [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
International Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		2,251	3,036
International Growth [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
International Growth [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	2,251	3,036
International Growth [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Core Bond [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		1,658	2,316
Core Bond [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Core Bond [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	1,658	2,316
Core Bond [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
High Yield [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		347	473
High Yield [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
High Yield [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	347	473
High Yield [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Inflation Protected Bond [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		433	641
Inflation Protected Bond [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Inflation Protected Bond [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	433	641
Inflation Protected Bond [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	0	0
Money Market [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		63	35
Money Market [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	0	0
Money Market [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	63	35
Money Market [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	$ 0	$ 0
[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.

(11) Employee Benefits (Detai_7

(11) Employee Benefits (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Employees contributions	$ 2,000
401(k) plan contributions	$ 1,300,000	$ 1,300,000	$ 1,400,000
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-Term Rate of Return on Plan Assets	7.25%	7.25%
Estimated net loss amortized into net periodic benefit cost	$ 169,000

(12) Fair Value Measurements (D

(12) Fair Value Measurements (Details - Reconciliation of Finance Receivables) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Balance at beginning of period	$ 1,749,098	$ 1,523,726
Finance receivables at fair value acquired during period	1,673,166	1,107,537	$ 739,734
Payments received on finance receivables at fair value	(825,783)	(743,728)
Net interest income accretion on fair value receivables	(135,147)	(134,020)	(133,771)
Mark to fair value	15,283	(4,417)
Balance at end of period	$ 2,476,617	$ 1,749,098	$ 1,523,726

(12) Fair Value Measurements _2

(12) Fair Value Measurements (Details - Finance Receivables to Their Contractual Balances) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Finance receivables contractual balance	$ 2,701,184	$ 1,972,699
Finance receivables measured at fair value	$ 2,476,617	$ 1,749,098	$ 1,523,726

(12) Fair Value Measurements _3

(12) Fair Value Measurements (Details - Level 3 Fair Value Measurements) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Receivables, Fair Value Disclosure	$ 2,476,617	$ 1,749,098	$ 1,523,726
Discount Rate on Finance Receivables	11.0%-11.3%	10.6% - 11.3%
Cumulative Net Losses (Percent) on Finance Receivables	13.4%-19.4%	10.0% - 18.4%
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Receivables, Fair Value Disclosure	$ 2,476,617	$ 1,749,098

(12) Fair Value Measurements _4

(12) Fair Value Measurements (Details - Delinquency status) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Past Due [Line Items]
Initial Principal	$ 2,701,184	$ 1,972,699
Financial Asset, Not Past Due [Member]
Financing Receivable, Past Due [Line Items]
Initial Principal	2,375,271	1,787,641
Financial Asset, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Initial Principal	184,968	115,924
Financial Asset, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Initial Principal	72,390	38,999
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Initial Principal	29,048	11,564
Repossessed Vehicles [Member] [Default Label]
Financing Receivable, Past Due [Line Items]
Initial Principal	$ 39,507	$ 18,571

(12) Fair Value Measurements _5

(12) Fair Value Measurements (Details - Fair values) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Cash and cash equivalents	$ 13,490	$ 29,928
Restricted cash and equivalents	149,299	146,620
Finance receivables, net	60,063	178,795
Accrued interest receivable	649	2,269
Warehouse lines of credit	285,328	105,610
Accrued interest payable	6,190	3,568
Securitization trust debt	1,957,995	1,740,901
Subordinated renewable notes	25,263	26,459
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Cash and cash equivalents	13,490	29,928
Restricted cash and equivalents	149,299	146,620
Finance receivables, net	0	0
Accrued interest receivable	0	0
Warehouse lines of credit	0	0
Accrued interest payable	0	0
Securitization trust debt	0	0
Subordinated renewable notes	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Cash and cash equivalents	0	0
Restricted cash and equivalents	0	0
Finance receivables, net	0	0
Accrued interest receivable	0	0
Warehouse lines of credit	0	0
Accrued interest payable	0	0
Securitization trust debt	0	0
Subordinated renewable notes	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Cash and cash equivalents	0	0
Restricted cash and equivalents	0	0
Finance receivables, net	60,063	178,795
Accrued interest receivable	649	2,269
Warehouse lines of credit	285,328	105,610
Accrued interest payable	6,190	3,568
Securitization trust debt	1,957,995	1,740,901
Subordinated renewable notes	25,263	26,459
Carrying Value [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Cash and cash equivalents	13,490	29,928
Restricted cash and equivalents	149,299	146,620
Finance receivables, net	70,551	176,184
Accrued interest receivable	649	2,269
Warehouse lines of credit	285,328	105,610
Accrued interest payable	6,190	3,568
Securitization trust debt	2,108,744	1,759,972
Subordinated renewable notes	$ 25,263	$ 26,459

(12) Fair Value Measurements _6

(12) Fair Value Measurements (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Inventory [Line Items]
Gross balance of repossessions in inventory	$ 1,894,000	$ 4,341,000
Allowance for losses on repossessed inventory	$ 1,300,000
Recovery rate	30%
Fair value and carrying amount of repossessed vehicles	$ 571,000
Net repossessed inventory included in other assets	571,000	2,470,000
Fair valuation adjustment of repossessed inventory		1,900,000
Inventories [Member]
Inventory [Line Items]
Net repossessed inventory included in other assets		$ 2,500,000
Vehicles [Member]
Inventory [Line Items]
Gross balance of repossessions in inventory	$ 1,900,000