Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Cash, in banks	$ 12,058	$ 1,712
Loan payments in trust	29	28
Loans held for sale	1,065	0
Loans
Principal	53,475	62,916
Advances	54	2
Accrued interest	611	572
Prepaid interest	(11)	(107)
Loan balances secured by deeds of trust	54,129	63,383
Allowance for credit losses	(210)	(120)
Loan balances secured by deeds of trust, net	53,919	63,263
Debt issuance costs, net	41	7
Promissory note from related mortgage fund (Note 3)	0	2,800
Other receivable	3	0
Total assets	67,115	67,810
LIABILITIES AND MEMBERS’ CAPITAL
Accounts payable and accrued liabilities	109	111
Payable to related mortgage fund (Note 3)	0	18
Payable to manager (Note 3)	93	57
Distribution and redemptions to members (Note 3)	0	15
Line of credit	4,000	2,153
Total liabilities	4,202	2,354
Commitments and contingencies (Note 6)
Members' and manager's capital, net	65,607	68,358
Receivable from manager (formation loan) (Note 3)	(2,694)	(2,902)
Members' and manager's capital, net of formation loan	62,913	65,456
Total liabilities and members’ capital	$ 67,115	$ 67,810