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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Assets    
Cash $ 678 $ 454
Finance receivables, net of unearned discounts and fees and accrued interest receivable 109,213 124,315
Less: Allowance for credit losses (15,359) (17,396)
Finance receivables, net 93,854 106,919
Repossessed assets 1,953 1,491
Prepaid expenses and other assets 613 316
Income taxes receivable 801 946
Property and equipment, net 206 222
Total assets 98,105 110,348
Liabilities and shareholders’ equity    
Line of credit, net of debt issuance costs 15,109 28,936
Accounts payable, accrued expenses, and other liabilities 1,815 1,603
Total liabilities 16,924 30,539
Commitments and contingencies (see Note 9)
Shareholders’ equity    
Preferred stock, no par: 5,000 shares authorized; none issued 0 0
Common stock, no par: 50,000 shares authorized; 12,658 shares issued, 7,289 shares outstanding 35,249 35,223
Treasury stock: 5,368 common shares, at cost (76,794) (76,794)
Retained earnings 122,726 121,380
Total shareholders’ equity 81,181 79,809
Total liabilities and shareholders’ equity $ 98,105 $ 110,348