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Note 2 - Allowance For Loan Losses: Troubled Debt Restructurings on Financing Receivables (Tables)
3 Months Ended
Mar. 31, 2016
Tables/Schedules  
Troubled Debt Restructurings on Financing Receivables

 

 

 

 

 

Number

Of

Loans

 

Pre-Modification

Recorded

Investment

 

Post-Modification

Recorded

Investment

 

 

 

 

 

 

 

Consumer Loans

 

2,513   

 

$ 4,985,866   

 

$ 4,701,838   

Real Estate Loans

 

11   

 

119,675   

 

119,675   

Sales Finance Contracts

 

102   

 

210,060   

 

196,447   

Total

 

2,626   

 

$ 5,315,601   

 

$ 5,017,960   

 

The following table presents a summary of loans that were restructured during the three months ended March 31, 2015.

 

 

 

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   

 

TDR's that occurred during the previous twelve months and subsequently defaulted during the three months ended March 31, 2016 are listed below.

 

 

 

Number

Of

Loans

 

Pre-Modification

Recorded

Investment

 

 

 

 

 

Consumer Loans

 

769   

 

$ 1,150,219   

Real Estate Loans

 

1   

 

855   

Sales Finance Contracts

 

37   

 

54,281   

Total

 

807   

 

$ 1,205,355   

 

TDR's that occurred during the twelve months ended March 31, 2015 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