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Allowance for Credit Losses (Tables)
 3 Months Ended
Jun. 30, 2017
Loans And Leases Receivable Disclosure [Abstract]  
Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

The following table provides information related to our allowance for credit losses on finance receivables and investments in operating leases:

 

 

 

Three Months Ended

 

 

 

 

June 30,

 

 

 

 

2017

 

 

2016

 

 

Allowance for credit losses at beginning of period

 

$

622

 

 

$

535

 

 

Provision for credit losses

 

 

85

 

 

 

52

 

 

Charge-offs, net of recoveries

 

 

(96

)

 

 

(98

)

 

Allowance for credit losses at end of period

 

$

611

 

 

$

489

 

 

 
Allowance for Credit Losses for Finance Receivables and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and finance receivables by portfolio segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2017

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2017

 

$

344

 

 

$

123

 

 

$

467

 

Charge-offs

 

 

(79

)

 

 

-

 

 

 

(79

)

Recoveries

 

 

13

 

 

 

-

 

 

 

13

 

Provisions

 

 

44

 

 

 

8

 

 

 

52

 

Ending balance, June 30, 2017

 

$

322

 

 

$

131

 

 

$

453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

47

 

 

$

47

 

Ending balance: Collectively evaluated for impairment

 

$

322

 

 

$

84

 

 

$

406

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, June 30, 2017

 

$

51,375

 

 

$

18,275

 

 

$

69,650

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

494

 

 

$

494

 

Ending balance: Collectively evaluated for impairment

 

$

51,375

 

 

$

17,781

 

 

$

69,156

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2016

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2016

 

$

289

 

 

$

132

 

 

$

421

 

Charge-offs

 

 

(82

)

 

 

-

 

 

 

(82

)

Recoveries

 

 

13

 

 

 

-

 

 

 

13

 

Provisions

 

 

58

 

 

 

(44

)

 

 

14

 

Ending balance, June 30, 2016

 

$

278

 

 

$

88

 

 

$

366

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Credit Losses:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

30

 

 

$

30

 

Ending balance: Collectively evaluated for impairment

 

$

278

 

 

$

58

 

 

$

336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, June 30, 2016

 

$

50,148

 

 

$

15,940

 

 

$

66,088

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

467

 

 

$

467

 

Ending balance: Collectively evaluated for impairment

 

$

50,148

 

 

$

15,473

 

 

$

65,621

 

 
Past Due Finance Receivables and Investments in Operating Leases

The following table shows aggregate balances of finance receivables and investments in operating leases 60 or more days past due:

 

 

June 30,

 

 

March 31,

 

 

 

2017

 

 

2017

 

Aggregate balances 60 or more days past due

 

 

 

 

 

 

 

 

Finance receivables

 

$

229

 

 

$

192

 

Investments in operating leases

 

 

104

 

 

 

95

 

Total

 

$

333

 

 

$

287

 

 
Past Due Finance Receivables by Class

The following tables summarize the aging of finance receivables by class:

 

 

 

June 30, 2017

 

 

 

30 - 59 Days

Past Due

 

 

60 - 89 Days

Past Due

 

 

90 Days or

Greater

Past Due

 

 

Total Past

Due

 

 

Current

 

 

Total Finance

Receivables

 

 

90 Days or

Greater Past

Due and

Accruing

 

Retail loan

 

$

632

 

 

$

171

 

 

$

58

 

 

$

861

 

 

$

50,514

 

 

$

51,375

 

 

$

42

 

Wholesale

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

11,221

 

 

 

11,221

 

 

 

-

 

Real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,762

 

 

 

4,762

 

 

 

-

 

Working capital

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2,292

 

 

 

2,292

 

 

 

-

 

Total

 

$

632

 

 

$

171

 

 

$

58

 

 

$

861

 

 

$

68,789

 

 

$

69,650

 

 

$

42

 

 

 

 

 

March 31, 2017

 

 

 

30 - 59 Days

Past Due

 

 

60 - 89 Days

Past Due

 

 

90 Days or

Greater

Past Due

 

 

Total Past

Due

 

 

Current

 

 

Total Finance

Receivables

 

 

90 Days or

Greater Past

Due and

Accruing

 

Retail loan

 

$

586

 

 

$

129

 

 

$

63

 

 

$

778

 

 

$

50,631

 

 

$

51,409

 

 

$

41

 

Wholesale

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

10,951

 

 

 

10,951

 

 

 

-

 

Real estate

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

4,713

 

 

 

4,713

 

 

 

-

 

Working capital

 

 

3

 

 

 

-

 

 

 

-

 

 

 

3

 

 

 

2,232

 

 

 

2,235

 

 

 

-

 

Total

 

$

589

 

 

$

129

 

 

$

63

 

 

$

781

 

 

$

68,527

 

 

$

69,308

 

 

$

41