Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

The following tables present segment data as of June 30, 2019 and for the three and six months then ended, and as of June 30, 2018, and for the three months then ended.

	Consumer Lending																Corp.
Three Months Ended June 30, 2019 (Dollars in thousands)	Recreation			Home Improvement			Commercial Lending				Medallion Lending			RPAC			and Other Investments			Consolidated
Total interest income	$	24,370		$	4,678		$	1,641			$	666		$	—		$	660		$	32,015
Total interest expense		3,189			1,037			666				1,591			36			2,302			8,821
Net interest income (loss)		21,181			3,641			975				(925	)		(36	)		(1,642	)		23,194
Provision for loan losses		6,176			813			—				8,182			—			—			15,171
Net interest income (loss) after loss provision		15,005			2,828			975				(9,107	)		(36	)		(1,642	)		8,023
Sponsorship and race winnings		—			—			—				—			4,889			—			4,889
Race team related expenses		—			—			—				—			(2,550	)		—			(2,550	)
Other (expense)		(5,938	)		(1,719	)		(780	)			(6,558	)		(1,717	)		(2,128	)		(18,840	)
Net income (loss) before taxes		9,067			1,109			195				(15,665	)		586			(3,770	)		(8,478	)
Income tax benefit (provision)		(2,349	)		(288	)		(48	)			3,779			(141	)		882			1,835
Net income (loss) after tax	$	6,718		$	821		$	147			$	(11,886	)	$	445		$	(2,888	)	$	(6,643	)
Balance Sheet Data
Total loans net	$	655,868		$	206,636		$	60,395			$	121,314		$	—		$	3,592		$	1,047,805
Total assets		667,600			217,757			86,725				235,948			33,526			240,397			1,481,953
Total funds borrowed		531,708			173,226			68,654				187,575			7,713			186,460			1,155,336
Selected Financial Ratios
Return on assets		4.21	%		1.94	%		0.66	%			(19.43	)%		5.54	%		(4.82	)%		(2.06	)%
Return on equity		16.16			7.88			3.31				(97.16	)		(47.72	)		(20.68	)		(10.34	)
Interest yield		15.53			9.46			11.02				1.99		N/A			N/A				11.67
Net interest margin		13.50			7.36			6.55				(2.77	)	N/A			N/A				8.46
Reserve coverage		1.90			1.39			0.71		⁽¹⁾		16.88		N/A			N/A				3.74
Delinquency ratio		0.56			0.08			1.13		⁽¹⁾		2.66		N/A			N/A				0.78
Charge-off ratio		1.55			0.17			0.00		⁽¹⁾		26.47		N/A			N/A				4.46

(1)	Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business.

	Consumer Lending																Corp.
Six Months Ended June 30, 2019 (Dollars in thousands)	Recreation			Home Improvement			Commercial Lending				Medallion Lending			RPAC			and Other Investments			Consolidated
Total interest income	$	46,849		$	9,003		$	3,517			$	1,507		$	—		$	1,182		$	62,058
Total interest expense		5,963			1,943			1,367				3,500			72			3,698			16,543
Net interest income (loss)		40,886			7,060			2,150				(1,993	)		(72	)		(2,516	)		45,515
Provision for loan losses		13,181			1,362			—				13,516			—			455			28,514
Net interest income (loss) after loss provision		27,705			5,698			2,150				(15,509	)		(72	)		(2,971	)		17,001
Sponsorship and race winnings		—			—			—				—			8,068			—			8,068
Race team related expenses		—			—			—				—			(4,548	)		—			(4,548	)
Other (expense)		(11,320	)		(3,356	)		(1,095	)			(5,344	)		(3,514	)		(3,231	)		(27,860	)
Net income (loss) before taxes		16,385			2,342			1,055				(20,853	)		(66	)		(6,202	)		(7,339	)
Income tax benefit (provision)		(4,244	)		(607	)		(254	)			5,030			16			2,150			2,091
Net income (loss) after tax	$	12,141		$	1,735		$	801			$	(15,823	)	$	(50	)	$	(4,052	)	$	(5,248	)
Balance Sheet Data
Total loans net	$	655,868		$	206,636		$	60,395			$	121,314		$	—		$	3,592		$	1,047,805
Total assets		667,600			217,757			86,725				235,948			33,526			240,397			1,481,953
Total funds borrowed		531,708			173,226			68,654				187,575			7,713			186,460			1,155,336
Selected Financial Ratios
Return on assets		3.93	%		1.98	%		1.81	%			(12.53	)%		(0.32	)%		(3.16	)%		(0.89	)%
Return on equity		16.26			8.65			9.03				(62.63	)		(3.13	)		(12.54	)		(4.36	)
Interest yield		15.49			9.44			11.85				2.17		N/A			N/A				11.58
Net interest margin		13.52			7.40			7.24				(2.87	)	N/A			N/A				8.49
Reserve coverage		1.90			1.39			0.71		⁽¹⁾		16.88		N/A			N/A				3.74
Delinquency ratio		0.56			0.08			1.13		⁽¹⁾		2.66		N/A			N/A				0.78
Charge-off ratio		2.43			0.26			0.00		⁽¹⁾		23.94		N/A			N/A				4.88

(1)	Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business.

	Consumer Lending																Corp.
Three Months Ended June 30, 2018 (Dollars in thousands)	Recreation			Home Improvement			Commercial Lending				Medallion Lending			RPAC			and Other Investments			Consolidated
Total interest income	$	22,132		$	4,637		$	2,217			$	3,189		$	—		$	469		$	32,644
Total interest expense		2,136			739			485				3,373			41			1,151			7,925
Net interest income (loss)		19,996			3,898			1,732				(184	)		(41	)		(682	)		24,719
Provision for loan losses		4,710			877			175				24,814			—			—			30,576
Net interest income (loss) after loss provision		15,286			3,021			1,557				(24,998	)		(41	)		(682	)		(5,857	)
Sponsorship and race winning		—			—			—				—			5,228			—			5,228
Race team related expenses		—			—			—				—			(2,540	)		—			(2,540	)
Other (expense)		(5,520	)		(1,685	)		(942	)			(2,811	)		(2,237	)		(1,541	)		(14,736	)
Net income (loss) before taxes		9,766			1,336			615				(27,809	)		410			(2,223	)		(17,905	)
Income tax benefit (provision)		(2,162	)		(296	)		(136	)			6,157			(43	)		501			4,021
Net income (loss) after tax	$	7,604		$	1,040		$	479			$	(21,652	)	$	367		$	(1,722	)	$	(13,884	)
Balance Sheet Data as of June 30, 2018
Total loans net	$	595,385		$	195,321		$	74,610			$	258,062		$	—		$	5,320		$	1,128,698
Total assets		599,960			206,298			86,107				386,225			37,861			218,078			1,534,529
Total funds borrowed		456,955			159,913			50,872				402,955			7,578			148,069			1,226,342
Balance Sheet Data as of December 31, 2018
Total loans net	$	580,182		$	181,359		$	59,973			$	155,863		$	—		$	4,110		$	981,487
Total assets		590,746			188,892			90,264				273,501			29,925			208,518			1,381,846
Total funds borrowed		434,527			143,815			51,266				294,465			7,649			130,306			1,062,028
Selected Financial Ratios as of June 30, 2018
Return on assets		5.32	%		2.13	%		2.17	%			(21.69	%)		3.89	%		(3.01	%)		(4.53	%)
Return on equity		23.33			9.74			4.64			NM				22.38			(8.32	)		(22.00	)
Interest yield		15.62			10.02			11.10				4.43		N/A			N/A				11.23
Net interest margin		14.12			8.43			8.67				(0.26	)	N/A			N/A				8.57
Reserve coverage		0.33			0.28			0.23				6.77		N/A			N/A				1.86
Delinquency ratio		0.40			0.06			0.27		⁽¹⁾		4.49		N/A			N/A				1.32
Charge off ratio		0.82			0.30			0.00		⁽¹⁾		2.18		N/A			N/A				3.19

(1)	Ratio is based on total commercial lending balances, and relates solely to the legacy commercial loan business.