In a quarter company executives said contained a “leveling of competitive intensity,” the AmeriCredit-branded business generated by General Motors Financial during the second quarter jumped to a higher level than in any quarter seen in a year.

AmeriCredit, which originates loans at non-GM dealerships, posted $855 million in paper during Q2, an amount $106 million higher than a year earlier.

The AmeriCredit performance helped to push GM Financial’s total originations of loans and leases during the second quarter to $1.553 billion — again a figure higher than any quarterly figure the company posted in the past year.

“Competitive conditions do remain strong, although we have seen I think a leveling of competitive intensity during the current quarter,” GM Financial president and chief executive officer Dan Berce said.

“And at GM Financial we haven’t made in the changes to our underwriting or pricing discipline in any way, shape or form in the last six months,” Berce continued.

That origination figure possibly could climb higher as GM Financial gains more steam with its new offering in the prime space, a program meant to compliment the subprime lever GM dealers can pull.

“We did rollout our U.S. prime lending program to GM dealers during the second quarter. We did very little volume. It was rolled out mid-quarter, but it is gaining momentum and July is seeing a pickup in activity,” Berce said.

“Just expectation wise, it is going to be a slow rollout so we expect more volume in the second half, but really not hitting its stride until 2015,” he added.

Despite the subprime growth in the U.S., GM Financial reported that its Q2 earnings came in at $175 million for the quarter ended that June 30, down slightly compared to $178 million for the same quarter a year ago. However through the first half of the year, the company’s earnings jumped from $284 million to $320 million.

The company pointed out that earnings include $16 million and $22 million in pre-tax acquisition and integration expenses for the quarter and six-month periods, respectively.

GM Financial’s outstanding balance of consumer finance receivables totaled $25.1 billion as of June 30 as delinquencies ticked up a bit year-over-year.

Accounts 31 to 60 days delinquent constituted 3.5 percent of the company’s portfolio at the close of Q2, up from 3.4 percent a year earlier. Accounts more than 60 days delinquent represent 1.6 percent of GM Financial’s portfolio compared to 1.4 percent a year ago.

Switching to what dealers owe the company, the outstanding balance of GM Financial’s commercial finance receivables stood at $7.1 billion as of June 30, a level flat compared to the previous quarter. At the end of 2013, the balance was $6.7 billion.

Finally, GM Financial reported that it possessed total available liquidity of $4.8 billion when the second quarter concluded, an amount consisting of $1.4 billion of unrestricted cash, $1.8 billion of borrowing capacity on unpledged eligible assets, $990 million of borrowing capacity on unsecured lines of credit and $600 million of borrowing capacity on a line of credit from GM.