| Segment Reporting |
(9) SEGMENT REPORTING The Company has six business segments, which include four lending and two non-operating segments, which are reflective of how Company management makes decisions about its business and operations. The four lending segments reflect the main types of lending performed at the Company, which are recreation, home improvement, commercial, and medallion. The recreation and home improvement lending segments are operated by the Bank and include loans in all fifty states, with the highest concentrations in Texas, Florida, and California at 15%, 10%, and 8% of loans outstanding and with no other states over 5% as of September 30, 2021. The recreation lending segment is a consumer finance business that works with third-party dealers and financial service providers for the purpose of financing RVs, boats, and other consumer recreational equipment, of which RVs, boats, and trailers make up 60%, 20%, and 9% of the segment portfolio as of September 30, 2021. The home improvement lending segment works with contractors and financial service providers to finance residential home improvements concentrated in roofs, swimming pools, and windows at 28%, 26%, and 13% of total home improvement loans outstanding, and with no other product lines over 10% as of September 30, 2021. The commercial lending segment focuses on enterprise wide industries, including manufacturing services, and various other industries, in which 62% of these loans are made in the Midwest. The medallion lending segment arose in connection with the financing of taxi medallions, taxis, and related assets, of which 85% were in New York City as of September 30, 2021. In addition, our non-operating segments include RPAC, which is a race car team, and our corporate and other investments segment which includes items not allocated to our operating segments such as investment securities, equity investments, intercompany eliminations, and other corporate elements. As a result of COVID-19, the prior year race season had been suspended from March 15, 2020 through May 17, 2020. As states reopened, NASCAR resumed races and completed all races scheduled in 2020. Commencing in the 2020 second quarter, the Bank began issuing loans related to its strategic partnership business, which is currently included within the corporate and other investment segment due to its small size. As part of segment reporting, capital ratios for all operating segments have been normalized at 20%, which approximates the percentage of consolidated total equity divided by total assets, with the net adjustment applied to corporate and other investments. In addition, the commercial segment exclusively represents the mezzanine lending business, and the legacy commercial loan business (immaterial to total) has been allocated to corporate and other investments. The following tables present segment data as of and for the three and nine months ended September 30, 2021 and 2020.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer Lending |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, 2021
(Dollars in thousands) |
|
Recreation |
|
|
Home
Improvement |
|
|
Commercial
Lending |
|
|
Medallion
Lending |
|
|
RPAC |
|
|
Corp. and
Other
Investments |
|
|
Consolidated |
|
Total interest income |
|
$ |
30,529 |
|
|
$ |
8,586 |
|
|
$ |
2,055 |
|
|
$ |
1 |
|
|
$ |
— |
|
|
$ |
326 |
|
|
$ |
41,497 |
|
Total interest expense |
|
|
2,305 |
|
|
|
958 |
|
|
|
662 |
|
|
|
2,009 |
|
|
|
38 |
|
|
|
1,454 |
|
|
|
7,426 |
|
Net interest income (loss) |
|
|
28,224 |
|
|
|
7,628 |
|
|
|
1,393 |
|
|
|
(2,008 |
) |
|
|
(38 |
) |
|
|
(1,128 |
) |
|
|
34,071 |
|
Provision for loan losses |
|
|
916 |
|
|
|
369 |
|
|
|
— |
|
|
|
(1,944 |
) |
|
|
— |
|
|
|
322 |
|
|
|
(337 |
) |
Net interest income (loss)
after loss provision |
|
|
27,308 |
|
|
|
7,259 |
|
|
|
1,393 |
|
|
|
(64 |
) |
|
|
(38 |
) |
|
|
(1,450 |
) |
|
|
34,408 |
|
Sponsorship and race winnings |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,335 |
|
|
|
— |
|
|
|
3,335 |
|
Race team related expenses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2,424 |
) |
|
|
— |
|
|
|
(2,424 |
) |
Other income (expense), net |
|
|
(8,856 |
) |
|
|
(3,437 |
) |
|
|
636 |
|
|
|
2,073 |
|
|
|
(2,066 |
) |
|
|
(778 |
) |
|
|
(12,428 |
) |
Net income (loss) before taxes |
|
|
18,452 |
|
|
|
3,822 |
|
|
|
2,029 |
|
|
|
2,009 |
|
|
|
(1,193 |
) |
|
|
(2,228 |
) |
|
|
22,891 |
|
Income tax (provision) benefit |
|
|
(4,752 |
) |
|
|
(951 |
) |
|
|
(510 |
) |
|
|
(504 |
) |
|
|
299 |
|
|
|
251 |
|
|
|
(6,167 |
) |
Net income (loss) |
|
$ |
13,700 |
|
|
$ |
2,871 |
|
|
$ |
1,519 |
|
|
$ |
1,505 |
|
|
$ |
(894 |
) |
|
$ |
(1,977 |
) |
|
$ |
16,724 |
|
Balance Sheet Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loans, net |
|
$ |
902,234 |
|
|
$ |
392,278 |
|
|
$ |
70,232 |
|
|
$ |
5,538 |
|
|
$ |
— |
|
|
$ |
1,951 |
|
|
$ |
1,372,233 |
|
Total assets |
|
|
916,109 |
|
|
|
405,439 |
|
|
|
92,257 |
|
|
|
93,683 |
|
|
|
30,969 |
|
|
|
266,777 |
|
|
|
1,805,234 |
|
Total funds borrowed |
|
|
712,474 |
|
|
|
296,509 |
|
|
|
73,806 |
|
|
|
74,941 |
|
|
|
8,054 |
|
|
|
258,358 |
|
|
|
1,424,142 |
|
Selected Financial Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on average assets |
|
|
6.09 |
% |
|
|
2.89 |
% |
|
|
6.60 |
% |
|
|
6.12 |
% |
|
|
(11.28 |
%) |
|
|
(2.65 |
%) |
|
|
3.73 |
% |
Return on average equity |
|
|
30.46 |
|
|
|
14.43 |
|
|
|
32.99 |
|
|
|
30.62 |
|
|
|
(11.08 |
) |
|
|
(19.79 |
) |
|
|
19.81 |
|
Interest yield |
|
|
13.78 |
|
|
|
9.04 |
|
|
|
12.04 |
|
|
|
0.09 |
|
|
N/A |
|
|
N/A |
|
|
|
11.55 |
|
Net interest margin |
|
|
12.74 |
|
|
|
8.03 |
|
|
|
8.16 |
|
|
|
(139.64 |
) |
|
N/A |
|
|
N/A |
|
|
|
9.48 |
|
Reserve coverage |
|
|
3.38 |
|
|
|
1.63 |
|
|
|
(0.00 |
) |
(1) |
|
49.98 |
|
|
N/A |
|
|
N/A |
|
|
|
3.34 |
|
Delinquency status(2) |
|
|
0.34 |
|
|
|
0.04 |
|
|
|
0.10 |
|
(1) |
|
5.42 |
|
|
N/A |
|
|
N/A |
|
|
|
0.29 |
|
Charge-off ratio(4) |
|
|
(0.15 |
) |
|
|
(0.25 |
) |
|
|
— |
|
(3) |
|
(43.01 |
) |
|
N/A |
|
|
N/A |
|
|
|
(0.38 |
) |
(1)Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business. (2)Loans 90 days or more past due. (3)Ratio is based on total commercial lending balances, and relates to the total loan business. (4)Negative balances indicate recoveries for the period.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer Lending |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended
September 30, 2021
(Dollars in thousands) |
|
Recreation |
|
|
Home
Improvement |
|
|
Commercial
Lending |
|
|
Medallion
Lending |
|
|
RPAC |
|
|
Corp. and
Other
Investments |
|
|
Consolidated |
|
Total interest income |
|
$ |
86,857 |
|
|
$ |
24,732 |
|
|
$ |
4,920 |
|
|
$ |
(1,543 |
) |
|
$ |
— |
|
|
$ |
987 |
|
|
$ |
115,953 |
|
Total interest expense |
|
|
7,962 |
|
|
|
3,309 |
|
|
|
1,950 |
|
|
|
5,903 |
|
|
|
113 |
|
|
|
4,481 |
|
|
|
23,718 |
|
Net interest income (loss) |
|
|
78,895 |
|
|
|
21,423 |
|
|
|
2,970 |
|
|
|
(7,446 |
) |
|
|
(113 |
) |
|
|
(3,494 |
) |
|
|
92,235 |
|
Provision for loan losses |
|
|
5,546 |
|
|
|
1,575 |
|
|
|
— |
|
|
|
(5,931 |
) |
|
|
— |
|
|
|
810 |
|
|
|
2,000 |
|
Net interest income (loss)
after loss provision |
|
|
73,349 |
|
|
|
19,848 |
|
|
|
2,970 |
|
|
|
(1,515 |
) |
|
|
(113 |
) |
|
|
(4,304 |
) |
|
|
90,235 |
|
Sponsorship and race winnings |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
10,153 |
|
|
|
— |
|
|
|
10,153 |
|
Race team related expenses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(7,219 |
) |
|
|
— |
|
|
|
(7,219 |
) |
Other income (expense), net |
|
|
(21,774 |
) |
|
|
(7,989 |
) |
|
|
107 |
|
|
|
(1,228 |
) |
|
|
(5,689 |
) |
|
|
(2,637 |
) |
|
|
(39,210 |
) |
Net income (loss) before taxes |
|
|
51,575 |
|
|
|
11,859 |
|
|
|
3,077 |
|
|
|
(2,743 |
) |
|
|
(2,868 |
) |
|
|
(6,941 |
) |
|
|
53,959 |
|
Income tax (provision) benefit |
|
|
(13,281 |
) |
|
|
(3,054 |
) |
|
|
(773 |
) |
|
|
689 |
|
|
|
720 |
|
|
|
(874 |
) |
|
|
(16,573 |
) |
Net income (loss) |
|
$ |
38,294 |
|
|
$ |
8,805 |
|
|
$ |
2,304 |
|
|
$ |
(2,054 |
) |
|
$ |
(2,148 |
) |
|
$ |
(7,815 |
) |
|
$ |
37,386 |
|
Balance Sheet Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loans, net |
|
$ |
902,234 |
|
|
$ |
392,278 |
|
|
$ |
70,232 |
|
|
$ |
5,538 |
|
|
$ |
— |
|
|
$ |
1,951 |
|
|
$ |
1,372,233 |
|
Total assets |
|
|
916,109 |
|
|
|
405,439 |
|
|
|
92,257 |
|
|
|
93,683 |
|
|
|
30,969 |
|
|
|
266,777 |
|
|
|
1,805,234 |
|
Total funds borrowed |
|
|
712,474 |
|
|
|
296,509 |
|
|
|
73,806 |
|
|
|
74,941 |
|
|
|
8,054 |
|
|
|
258,358 |
|
|
|
1,424,142 |
|
Selected Financial Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on average assets |
|
|
6.08 |
% |
|
|
3.20 |
% |
|
|
3.68 |
% |
|
|
(2.52 |
%) |
|
|
(8.89 |
%) |
|
|
(3.68 |
%) |
|
|
2.73 |
% |
Return on average equity |
|
|
30.39 |
|
|
|
16.02 |
|
|
|
18.38 |
|
|
|
(12.60 |
) |
|
|
(386.73 |
) |
|
|
(27.18 |
) |
|
|
14.47 |
|
Interest yield |
|
|
14.05 |
|
|
|
9.37 |
|
|
|
10.56 |
|
|
|
(23.55 |
) |
|
N/A |
|
|
N/A |
|
|
|
11.56 |
|
Net interest margin |
|
|
12.76 |
|
|
|
8.11 |
|
|
|
6.37 |
|
|
|
(113.66 |
) |
|
N/A |
|
|
N/A |
|
|
|
9.19 |
|
Reserve coverage |
|
|
3.38 |
|
|
|
1.63 |
|
|
|
(0.00 |
) |
(1) |
|
49.98 |
|
|
N/A |
|
|
N/A |
|
|
|
3.34 |
|
Delinquency status(2) |
|
|
0.34 |
|
|
|
0.04 |
|
|
|
0.10 |
|
(1) |
|
5.42 |
|
|
N/A |
|
|
N/A |
|
|
|
0.29 |
|
Charge-off ratio(4) |
|
|
0.22 |
|
|
|
0.09 |
|
|
|
— |
|
(3) |
|
143.94 |
|
|
N/A |
|
|
N/A |
|
|
|
1.17 |
|
(1)Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business. (2)Loans 90 days or more past due. (3)Ratio is based on total commercial lending balances, and relates to the total loan business. (4)Negative balances indicate recoveries for the period.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer Lending |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, 2020
(Dollars in thousands) |
|
Recreation |
|
|
Home
Improvement |
|
|
Commercial
Lending |
|
|
Medallion
Lending |
|
|
RPAC |
|
|
Corp. and
Other
Investments |
|
|
Consolidated |
|
Total interest income |
|
$ |
28,962 |
|
|
$ |
7,218 |
|
|
$ |
1,791 |
|
|
$ |
(909 |
) |
|
$ |
— |
|
|
$ |
378 |
|
|
$ |
37,440 |
|
Total interest expense |
|
|
3,476 |
|
|
|
1,655 |
|
|
|
663 |
|
|
|
(56 |
) |
|
|
42 |
|
|
|
2,604 |
|
|
|
8,384 |
|
Net interest income (loss) |
|
|
25,486 |
|
|
|
5,563 |
|
|
|
1,128 |
|
|
|
(853 |
) |
|
|
(42 |
) |
|
|
(2,226 |
) |
|
|
29,056 |
|
Provision for loan losses |
|
|
1,812 |
|
|
|
745 |
|
|
|
— |
|
|
|
37,196 |
|
|
|
— |
|
|
|
(4 |
) |
|
|
39,749 |
|
Net interest income (loss) after loss
provision |
|
|
23,674 |
|
|
|
4,818 |
|
|
|
1,128 |
|
|
|
(38,049 |
) |
|
|
(42 |
) |
|
|
(2,222 |
) |
|
|
(10,693 |
) |
Sponsorship and race winning |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
8,962 |
|
|
|
— |
|
|
|
8,962 |
|
Race team related expenses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(2,636 |
) |
|
|
— |
|
|
|
(2,636 |
) |
Other income (expense), net |
|
|
(7,246 |
) |
|
|
(2,700 |
) |
|
|
(712 |
) |
|
|
(9,738 |
) |
|
|
(2,503 |
) |
|
|
(1,148 |
) |
|
|
(24,047 |
) |
Net income (loss) before taxes |
|
|
16,428 |
|
|
|
2,118 |
|
|
|
416 |
|
|
|
(47,787 |
) |
|
|
3,781 |
|
|
|
(3,370 |
) |
|
|
(28,414 |
) |
Income tax (provision) benefit |
|
|
(4,201 |
) |
|
|
(541 |
) |
|
|
(104 |
) |
|
|
11,908 |
|
|
|
(942 |
) |
|
|
2,261 |
|
|
|
8,381 |
|
Net income (loss) |
|
$ |
12,227 |
|
|
$ |
1,577 |
|
|
$ |
312 |
|
|
$ |
(35,879 |
) |
|
$ |
2,839 |
|
|
$ |
(1,109 |
) |
|
$ |
(20,033 |
) |
Balance Sheet Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loans, net |
|
$ |
774,956 |
|
|
$ |
310,691 |
|
|
$ |
68,042 |
|
|
$ |
33,521 |
|
|
$ |
— |
|
|
$ |
3,334 |
|
|
$ |
1,190,544 |
|
Total assets |
|
|
788,459 |
|
|
|
321,084 |
|
|
|
80,247 |
|
|
|
142,450 |
|
|
|
40,112 |
|
|
|
231,923 |
|
|
|
1,604,275 |
|
Total funds borrowed |
|
|
628,528 |
|
|
|
255,778 |
|
|
|
65,906 |
|
|
|
113,009 |
|
|
|
8,652 |
|
|
|
199,312 |
|
|
|
1,271,185 |
|
Selected Financial Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on average assets |
|
|
6.22 |
% |
|
|
2.06 |
% |
|
|
1.49 |
% |
|
|
(85.70 |
%) |
|
|
31.97 |
% |
|
|
(8.78 |
%) |
|
|
(5.69 |
%) |
Return on average equity |
|
|
31.11 |
|
|
|
10.29 |
|
|
|
6.82 |
|
|
NM |
|
|
NM |
|
|
|
(54.58 |
) |
|
|
(29.77 |
) |
Interest yield |
|
|
14.97 |
|
|
|
9.73 |
|
|
|
10.51 |
|
|
|
(5.34 |
) |
|
N/A |
|
|
N/A |
|
|
|
11.23 |
|
Net interest margin |
|
|
13.18 |
|
|
|
7.50 |
|
|
|
6.62 |
|
|
|
(3.89 |
) |
|
N/A |
|
|
N/A |
|
|
|
8.72 |
|
Reserve coverage |
|
|
3.48 |
|
|
|
1.51 |
|
|
|
— |
|
(1) |
|
63.28 |
|
|
N/A |
|
|
N/A |
|
|
|
7.07 |
|
Delinquency status(2) |
|
|
0.52 |
|
|
|
0.03 |
|
|
|
2.67 |
|
(1) |
|
8.31 |
|
|
N/A |
|
|
N/A |
|
|
|
1.07 |
|
Charge-off ratio |
|
|
0.44 |
|
|
|
0.09 |
|
|
|
(0.02 |
) |
(3) |
|
89.89 |
|
|
N/A |
|
|
N/A |
|
|
|
5.36 |
|
(1)Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business. (2)Loans 90 days or more past due. (3)Ratio is based on total commercial lending balances, and relates to the total loan business.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consumer Lending |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended
September 30, 2020
(Dollars in thousands) |
|
Recreation |
|
|
Home
Improvement |
|
|
Commercial
Lending |
|
|
Medallion
Lending |
|
|
RPAC |
|
|
Corp. and
Other
Investments |
|
|
Consolidated |
|
Total interest income |
|
$ |
82,525 |
|
|
$ |
19,431 |
|
|
$ |
5,275 |
|
|
$ |
86 |
|
|
$ |
— |
|
|
$ |
1,253 |
|
|
$ |
108,570 |
|
Total interest expense |
|
|
10,268 |
|
|
|
4,178 |
|
|
|
1,937 |
|
|
|
2,781 |
|
|
|
122 |
|
|
|
6,933 |
|
|
|
26,219 |
|
Net interest income (loss) |
|
|
72,257 |
|
|
|
15,253 |
|
|
|
3,338 |
|
|
|
(2,695 |
) |
|
|
(122 |
) |
|
|
(5,680 |
) |
|
|
82,351 |
|
Provision for loan losses |
|
|
20,705 |
|
|
|
3,041 |
|
|
|
— |
|
|
|
49,489 |
|
|
|
— |
|
|
|
(4 |
) |
|
|
73,231 |
|
Net interest income (loss) after loss
provision |
|
|
51,552 |
|
|
|
12,212 |
|
|
|
3,338 |
|
|
|
(52,184 |
) |
|
|
(122 |
) |
|
|
(5,676 |
) |
|
|
9,120 |
|
Sponsorship and race winning |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
15,161 |
|
|
|
— |
|
|
|
15,161 |
|
Race team related expenses |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6,584 |
) |
|
|
— |
|
|
|
(6,584 |
) |
Other income (expense), net |
|
|
(21,115 |
) |
|
|
(7,002 |
) |
|
|
(2,191 |
) |
|
|
(20,603 |
) |
|
|
(5,726 |
) |
|
|
(8,842 |
) |
|
|
(65,479 |
) |
Net income (loss) before taxes |
|
|
30,437 |
|
|
|
5,210 |
|
|
|
1,147 |
|
|
|
(72,787 |
) |
|
|
2,729 |
|
|
|
(14,518 |
) |
|
|
(47,782 |
) |
Income tax (provision) benefit |
|
|
(7,783 |
) |
|
|
(1,332 |
) |
|
|
(286 |
) |
|
|
18,138 |
|
|
|
(680 |
) |
|
|
4,426 |
|
|
|
12,483 |
|
Net income (loss) |
|
$ |
22,654 |
|
|
$ |
3,878 |
|
|
$ |
861 |
|
|
$ |
(54,649 |
) |
|
$ |
2,049 |
|
|
$ |
(10,092 |
) |
|
$ |
(35,299 |
) |
Balance Sheet Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total loans, net |
|
$ |
774,956 |
|
|
$ |
310,691 |
|
|
$ |
68,042 |
|
|
$ |
33,521 |
|
|
$ |
— |
|
|
$ |
3,334 |
|
|
$ |
1,190,544 |
|
Total assets |
|
|
788,459 |
|
|
|
321,084 |
|
|
|
80,247 |
|
|
|
142,450 |
|
|
|
40,112 |
|
|
|
231,923 |
|
|
|
1,604,275 |
|
Total funds borrowed |
|
|
628,528 |
|
|
|
255,778 |
|
|
|
65,906 |
|
|
|
113,009 |
|
|
|
8,652 |
|
|
|
199,312 |
|
|
|
1,271,185 |
|
Selected Financial Ratios |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Return on average assets |
|
|
4.04 |
% |
|
|
1.84 |
% |
|
|
1.37 |
% |
|
|
(38.80 |
%) |
|
|
8.27 |
% |
|
|
(5.45 |
%) |
|
|
(3.43 |
%) |
Return on average equity |
|
|
20.20 |
|
|
|
9.19 |
|
|
|
6.56 |
|
|
|
(192.88 |
) |
|
NM |
|
|
|
(22.64 |
) |
|
|
(17.02 |
) |
Interest yield |
|
|
14.99 |
|
|
|
9.62 |
|
|
|
10.58 |
|
|
|
0.13 |
|
|
N/A |
|
|
N/A |
|
|
|
11.31 |
|
Net interest margin |
|
|
13.13 |
|
|
|
7.53 |
|
|
|
6.69 |
|
|
|
(4.12 |
) |
|
N/A |
|
|
N/A |
|
|
|
8.58 |
|
Reserve coverage |
|
|
3.48 |
|
|
|
1.51 |
|
|
|
— |
|
(1) |
|
63.28 |
|
|
N/A |
|
|
N/A |
|
|
|
7.07 |
|
Delinquency status(2) |
|
|
0.52 |
|
|
|
0.03 |
|
|
|
2.67 |
|
(1) |
|
8.31 |
|
|
N/A |
|
|
N/A |
|
|
|
1.07 |
|
Charge-off ratio |
|
|
1.96 |
|
|
|
0.44 |
|
|
|
(0.01 |
) |
(3) |
|
26.21 |
|
|
N/A |
|
|
N/A |
|
|
|
3.30 |
|
(1)Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business. (2)Loans 90 days or more past due. (3)Ratio is based on total commercial lending balances, and relates to the total loan business. |