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Note 2 - Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)
9 Months Ended
Sep. 30, 2017
Tables/Schedules  
Allowance for Credit Losses on Financing Receivables

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

Sept. 30, 2017

 

Sept. 30, 2016

 

Sept. 30, 2017

 

Sept. 30, 2016

Allowance for Credit Losses:

 

 

 

 

 

 

 

 

Beginning Balance

 

$ 47,000,000   

 

$ 36,200,000   

 

$ 48,500,000   

 

$ 33,500,000   

      Provision for Loan Losses

 

5,777,564   

 

16,458,632   

 

22,442,416   

 

38,910,312   

      Charge-offs

 

(13,003,785)  

 

(14,424,243)  

 

(38,496,984)  

 

(39,852,727)  

      Recoveries

 

3,226,221   

 

2,765,611   

 

10,554,568   

 

8,442,415   

Ending Balance

 

$ 43,000,000   

 

$ 41,000,000   

 

$ 43,000,000   

 

$ 41,000,000   

 

 

 

 

 

 

 

 

 

Ending balance; collectively evaluated for impairment

 

$ 43,000,000   

 

$ 41,000,000   

 

$ 43,000,000   

 

$ 41,000,000   

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

Sept.30,2017   

 

Sept.30,2016   

 

Sept.30,2017   

 

Sept.30,2016   

Finance receivables:

 

 

 

 

 

 

 

 

Ending balance

 

$ 535,103,118   

 

$ 520,943,732   

 

$ 535,103,118   

 

$ 520,943,732   

Ending balance; collectively evaluated for impairment

 

$ 535,103,118   

 

$ 520,943,732   

 

$ 535,103,118   

 

$ 520,943,732