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Loans Receivable
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Loans Receivables LOANS RECEIVABLE
The following is a summary of the Company’s loans receivable, net:
 
December 31,
(In Thousands)
2019
 
2018
Credit Card Loans1
$
96,387

 
$
90,406

Acquired Loans2
—

 
5,688

Loans Receivable, Gross
96,387

 
96,094

 


 
 
Allowance for Loan Losses
(14,911
)
 
(12,970
)
Unamortized Fees
(6,223
)
 
(6,971
)
Loans Receivable, Net of Allowances and Unamortized Fees
$
75,253

 
$
76,153


1 "Credit Card Loans" are loans originated after the 2015 acquisition of Vive.
2 "Acquired Loans" are credit card loans the Company purchased in the 2015 acquisition of Vive.
Included in the table below is an aging of the loans receivable, gross balance:
(Dollar Amounts in Thousands)
December 31,
Aging Category1
2019
 
2018
30-59 Days Past Due
6.9
%
 
6.9
%
60-89 Days Past Due
3.6
%
 
3.4
%
90 or more Days Past Due
5.0
%
 
4.3
%
Past Due Loans Receivable
15.5
%
 
14.6
%
Current Loans Receivable
84.5
%
 
85.4
%
Balance of Loans Receivable on Nonaccrual Status
$
2,284

 
$
2,110

Balance of Loans Receivable Greater Than 90 Days Past Due and Still Accruing Interest and Fees
$
—

 
$
—

1 This aging is based on the contractual amounts outstanding for each loan as of period end, and does not reflect the fair value adjustments for the Acquired Loans.
The table below presents the components of the allowance for loan losses:
 
Year ended December 31,
(In Thousands)
2019
 
2018
Beginning Balance
$
12,970

 
$
11,454

Provision for Loan Losses
21,667

 
21,063

Charge-offs
(22,204
)
 
(21,190
)
Recoveries
2,478

 
1,643

Ending Balance
$
14,911

 
$
12,970