Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash, in banks	$ 9,013	$ 1,033
Loan payments in trust	12	67
Loans held for sale	5,910	0
Loans
Principal	64,293	81,097
Advances	16	17
Accrued interest	466	529
Prepaid interest	(540)	(643)
Loan balances secured by deeds of trust	64,235	81,000
Allowance for loan losses	(55)	(55)
Loan balances secured by deeds of trust, net	64,180	80,945
Debt issuance costs, net	57	14
Prepaid expenses	13	25
Receivable from related parties	13	0
Total assets	79,198	82,084
LIABILITIES AND MEMBERS’ CAPITAL
Accounts payable and accrued liabilities	75	75
Payable to related parties	3	101
Line of credit	7,000	8,480
Total liabilities	7,078	8,656
Commitments and contingencies
Members’ capital, net	75,385	76,816
Receivable from manager (formation loan)	(3,265)	(3,388)
Members’ capital, net of formation loan	72,120	73,428
Total liabilities and members’ capital	$ 79,198	$ 82,084