XML 34 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Sep. 30, 2011
Mar. 31, 2011
ASSETS  
Cash and cash equivalents$ 13,060,903$ 8,030,580
Restricted cash (See Note 12)77,000,0000
Gross loans receivable964,955,462875,045,680
Less:  
Unearned interest and fees(258,484,255)(228,974,132)
Allowance for loan losses(54,164,473)(48,354,994)
Loans receivable, net652,306,734597,716,554
Property and equipment, net23,198,51123,366,207
Deferred taxes17,958,11514,480,025
Other assets, net9,309,11810,804,113
Goodwill5,634,5865,634,586
Intangible assets5,884,8846,364,890
Total assets804,352,851666,396,955
Liabilities:  
Senior notes payable232,600,00082,250,000
Convertible senior subordinated notes payable77,000,00077,000,000
Discount on convertible subordinated notes payable0(1,819,600)
Net of discount77,000,00075,180,400
Junior subordinated note payable50,000,00030,000,000
Income taxes payable11,615,10313,097,419
Accounts payable and accrued expenses20,493,94423,293,967
Total liabilities391,709,047223,821,786
Shareholders' equity:  
Preferred stock, no par value Authorized 5,000,000, no shares issued or outstanding00
Common stock, no par value Authorized 95,000,000 shares; issued and outstanding 14,636,365 and 15,711,365 shares at September 30, 2011 and March 31, 2011, respectively00
Additional paid in capital52,081,36747,352,738
Retained earnings365,509,693395,086,232
Accumulated other comprehensive (loss) income(4,947,256)136,199
Total shareholders' equity412,643,804442,575,169
Commitments and contingencies  
Total liabilities and shareholders' equity$ 804,352,851$ 666,396,955