3. Finance Receivables Measured at Fair Value

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

Note 3 - Finance Receivables Measured at Fair Value

(3) Finance Receivables Measured at Fair Value

In September 2011 we purchased approximately $217.8 million of finance receivables from Fireside Bank. These receivables are recorded on our balance sheet at fair value.

The following table presents the components of Finance Receivables measured at fair value:

	September 30,			December 31,
	2012			2011
Finance Receivables Measured at Fair Value	(In thousands)
Finance receivables and accrued interest, net of unearned interest	$	80,306		$	172,167
Less: Fair value adjustment		(2,822	)		(11,914	)
Finance receivables measured at fair value	$	77,484		$	160,253

The following table summarizes the delinquency status of finance receivables measured at fair value as of September 30, 2012 and December 31, 2011:

	September 30,		December 31,
	2012		2011
	(In thousands)
Delinquency Status
Current	$	77,071	$	164,625
31 - 60 days		2,047		4,872
61 - 90 days		758		1,767
91 + days		430		903
	$	80,306	$	172,167