XML 41 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Revenue:    
Interest and fee income on finance receivables $ 17,270,088 $ 16,623,588
Sales 9,769 10,717
Revenues, Total 17,279,857 16,634,305
Expenses:    
Cost of sales 3,363 2,756
Marketing 374,332 298,796
Salaries and employee benefits 4,524,486 4,391,810
Administrative 2,159,354 1,929,383
Provision for credit losses 10,372 79,415
Depreciation 72,467 72,541
Interest expense 1,192,140 1,228,978
Change in fair value of interest rate swaps 209,101  
Operating Expenses, Total 8,545,615 8,003,679
Operating income before income taxes 8,734,242 8,630,626
Income tax expense 3,360,717 3,327,833
Net income $ 5,373,525 $ 5,302,793
Earnings per share:    
Basic $ 0.45 $ 0.46
Diluted $ 0.44 $ 0.44
Dividends declared per share (in dollars per share) $ 0.10