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Note 2 - Allowance For Loan Losses: Troubled Debt Restructurings on Financing Receivables (Tables)
3 Months Ended
Mar. 31, 2015
Tables/Schedules  
Troubled Debt Restructurings on Financing Receivables

 

 

 

 

Number

Of

Loans

Pre-Modification

Recorded

Investment

Post-Modification

Recorded

Investment

 

 

 

 

Consumer Loans

1,110   

$ 2,968,080   

$ 2,823,413   

Real Estate Loans

13   

108,315   

108,265   

Sales Finance Contracts

   50   

     96,552   

     93,636   

Total

1,173   

$ 3,172,947   

$ 3,025,314   

 

The following table presents a summary of loans that were restructured during the three months ended March 31, 2014.

 

 

Number

Of

Loans

Pre-Modification

Recorded

Investment

Post-Modification

Recorded

Investment

 

 

 

 

Consumer Loans

879   

$ 2,776,850   

$ 2,590,986   

Real Estate Loans

15   

113,052   

113,052   

Sales Finance Contracts

    43   

    108,299   

    104,674   

Total

   937   

$ 2,998,201   

$ 2,808,712   

 

TDR's that occurred during the previous twelve months and subsequently defaulted during the three months ended March 31, 2015 are listed below.

 

 

Number

Of

Loans

Pre-Modification

Recorded

Investment

 

 

 

Consumer Loans

193   

$ 333,099   

Real Estate Loans

1   

1,000   

Sales Finance Contracts

      7   

     6,883   

Total

    201   

$ 340,982   

 

TDR's that occurred during the twelve months ended March 31, 2014 and subsequently defaulted during the three months ended March 31, 2014 are listed below.

 

 

Number

Of

Loans

Pre-Modification

Recorded

Investment

 

 

 

Consumer Loans

184   

$ 360,106   

Real Estate Loans

-   

-   

Sales Finance Contracts

      7   

      8,538   

Total

    191   

 $ 368,644