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Note 2 - Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)
9 Months Ended
Sep. 30, 2014
Tables/Schedules  
Allowance for Credit Losses on Financing Receivables

 

 

Three Months Ended

Nine Months Ended

 

Sept. 30, 2014

Sept. 30, 2013

Sept. 30, 2014

Sept. 30, 2013

Allowance for Credit Losses:

 

 

 

 

Beginning Balance

$ 25,876,800 

$ 22,810,085 

$ 24,680,789 

$ 22,010,085 

Provision for Loan Losses

9,184,293 

7,268,188 

22,250,160 

18,492,721 

Charge-offs

(9,542,987) 

(8,403,389) 

(26,286,287) 

(23,596,878) 

Recoveries  

2,158,694 

2,135,201 

7,032,138 

6,904,157 

Ending Balance  

$ 27,676,800 

$ 23,810,085 

$ 27,676,800 

$ 23,810,085 

 

 

 

 

 

Ending balance; collectively evaluated for impairment 

$ 27,676,800 

$ 23,810,085 

$ 27,676,800 

$ 23,810,085 

 

 

Three Months Ended

Nine Months Ended

 

Sept. 30, 2014

Sept. 30, 2013

Sept. 30, 2014

Sept. 30, 2013

Finance receivables:

 

 

 

 

Ending balance

$479,846,973 

$450,534,459 

$479,846,973 

$450,534,459 

Ending balance; collectively

evaluated for impairment

$479,846,973 

$450,534,459 

$479,846,973 

$450,534,459