A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Secured Loans Receivable (Tables)

Secured Loans Receivable (Tables)

6 Months Ended

Dec. 31, 2019

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of receivables and secured loans

Receivables consist of the following as of December 31, 2019 and June 30, 2019:



in thousands
	December 31, 2019		June 30, 2019

Customer trade receivables	$	6,681	$	13,050
Wholesale trade advances	5,760		9,704
Due from brokers	12,157		4,141
Receivables, net	$	24,598	$	26,895

Schedule of classes for financing receivables

The Company's secured loans by portfolio class, which align with internal management reporting, are as follows:



in thousands
	December 31, 2019				June 30, 2019
Bullion	$	123,626	81.1	%	$	92,899	74.1	%
Numismatic and semi-numismatic	28,717		18.9		32,399		25.9
	$	152,343	100.0	%	$	125,298	100.0	%

Financing receivable credit quality indicators

Below is summary of aggregate outstanding secured loan balances bifurcated into 1) loans with a loan-to-value ratio of 75% or more and 2) loans with a loan-to-value ratio of less than 75%:



in thousands
	December 31, 2019				June 30, 2019
Loan-to-value of 75% or more	$	87,565	57.5	%	$	59,258	47.3	%
Loan-to-value of less than 75%	64,778		42.5		66,040		52.7
	$	152,343	100.0	%	$	125,298	100.0	%

Financing Receivable

Accounts, Notes, Loans and Financing Receivable [Line Items]

Schedule of receivables and secured loans

Below is a summary of the carrying value of our secured loans as of December 31, 2019 and June 30, 2019:



in thousands
	December 31, 2019			June 30, 2019

Secured loans originated	$	29,461		$	36,714
Secured loans originated - with a related party	8,950			14,058
	38,411			50,772
Secured loans acquired	113,932		⁽¹⁾	74,526		⁽²⁾
	$	152,343		$	125,298

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(1) Includes $29 thousand of loan premium as of December 31, 2019.

(2) Includes $29 thousand of loan premium as of June 30, 2019.