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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 14,428,848 $ 9,842,096
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for Loan Losses 8,103,988 10,269,834
Depreciation and Amortization 1,214,090 1,254,454
Provision for Deferred Income Taxes 12,481 45,611
Other, net 261,537 149,871
Decrease (Increase) in Miscellaneous Assets 168,759 (74,079)
Increase (Decrease) in Other Liabilities (4,793,963) (417,390)
Net Cash Provided 19,395,740 21,070,397
CASH FLOWS FROM INVESTING ACTIVITIES    
Loans originated or purchased (124,444,224) (108,765,625)
Loan payments 117,537,244 106,865,402
Increase in restricted cash (257,870) (38,359)
Purchases of marketable debt securities (28,785,585) (9,115,276)
Sales of marketable debt securities 3,085,327  
Redemptions of marketable debt securities 8,635,000 5,050,000
Fixed asset additions, net (2,053,780) (451,378)
Net Cash Provided (26,283,888) (6,455,236)
CASH FLOWS FROM FINANCING ACTIVITIES    
Increase in senior demand notes 2,408,326 485,840
Advances on credit line 4,042,680 8,823,669
Payments on credit line (4,942,680) (25,027,978)
Commercial paper issued 28,656,245 23,871,839
Commercial paper redeemed (8,848,875) (9,060,117)
Subordinated debt securities issued 4,798,032 5,791,973
Subordinated debt securities redeemed (11,701,299) (12,398,631)
Dividends / Distributions (5,223,798) (2,528,965)
Net Cash Provided (Used) 9,188,631 (10,042,370)
NET INCREASE CASH AND CASH EQUIVALENTS 2,300,483 4,572,791
CASH AND CASH EQUIVALENTS 30,701,414 26,287,690
CASH AND CASH EQUIVALENTS 33,001,897 30,860,481
Interest Paid 6,041,852 6,599,197
Taxes Paid $ 1,560,000 $ 1,380,000