Regional Management Corp 2026年度季度报告

Regional Management Corp. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reportingcompany, or an emerging growth company. See the definitions of “large acceleratedfiler,” “acceleratedfiler,” “smaller reporting company,” and TABLE OF CONTENTS GLOSSARY PART I–FINANCIAL INFORMATION Item 1. Financial Statements Consolidated Balance Sheets Dated March 31, 2026 and December 31, 20254Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and 20255Consolidated Statements of Stockholders’ Equity for the Three Months Ended March 31, 2026 and 20256Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 20257Notes to Consolidated Financial Statements9 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and ProceduresPART II–OTHER INFORMATIONItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 5. Other InformationItem 6. ExhibitsSIGNATURE GLOSSARY Terms and abbreviations used in this report are defined below: PART I–FINANCIAL INFORMATION Regional Management Corp. and SubsidiariesConsolidated Statements of Comprehensive Income Regional Management Corp. and SubsidiariesConsolidated Statements of Stockholders’ Equity Regional Management Corp. and SubsidiariesConsolidated Statements of Cash Flows Table of Contents The following table reconciles cash and restricted cash from the Consolidated Balance Sheets to the statements above: Regional Management Corp. and SubsidiariesNotes to Consolidated Financial Statements Note 1. Nature of Business The Company was incorporated and began operations in 1987. The Company is engaged in the consumerfinance business, offeringlarge loans, small loans, and related payment and collateral protection insurance products. As of March 31, 2026, the Company The Company’s large and small loan portfolio is comprised of branch loan receivables and convenience check receivables. Branchlarge and small loan receivables are direct loans to customers, the majority of which are secured by non-essential household goodsand, in some instances, an automobile. Convenience check receivables are direct loans originated by mailing checks to customers The Company’s loan volume and contractual delinquency follow seasonal trends. Demand for the Company’s loans is typicallyhighest during the second, third, and fourth quarters, which the Company believes is largely due to customers borrowing money forvacation, back-to-school, and holiday spending. Loan demand has generally been the lowest during thefirst quarter, which theCompany believes is largely due to the timing of income tax refunds. Delinquencies generally reach their lowest point in thefirst halfof the year and rise in the second half of the year. Changes in the portfolio could result in releases of the allowance for credit losses Note 2. Basis of Presentation and Significant Accounting Policies Basis of presentation:The consolidatedfinancial statements of the Company have been prepared in accordance with SEC regulationsand GAAP for interimfinancial information and, accordingly, do not include all information and note disclosures required by GAAP forcompletefinancial statements. The interimfinancial statements in this Quarterly Report on Form 10-Q have not been audited by anindependent registered public accountingfirm in accordance with standards of the Public Company Accounting Oversight Board(United States), but in the opinion of management, the interimfinancial statements include all adjustments, consisting only of Significant accounting policies:The following is a description of significant accounting policies used in preparing thefinancialstatements. The accounting and reporting policies of the Company are in accordance with GAAP. Principles of consolidation:The consolidatedfinancial statements include the accounts of the Company and its wholly ownedsubsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The Company operates through aseparate wholly owned subsidiary in each state. The Company also consolidates VIEs when it is considered to be the primary Variable interest entities:The Company transfers pools of loans to SPEs to secure debt for general funding purposes. These entitieshave the limited purpose of acquiringfinance receivables, in addition to holding and making payments on the related debts. Assetstransferred to each SPE are legally isolated from the Company and its affil