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Note 2 - Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)
3 Months Ended
Mar. 31, 2019
Tables/Schedules  
Allowance for Credit Losses on Financing Receivables

 

 

 

Three Months Ended

 

 

March 31, 2019

 

March 31, 2018

Allowance for Credit Losses:

 

 

 

 

Beginning Balance

 

$   43,000,000 

 

$   42,500,000 

     Provision for Loan Losses

 

      10,542,569 

 

        8,200,608 

     Charge-offs

 

     (14,199,882)

 

     (12,149,119)

     Recoveries

 

        4,157,313 

 

        3,948,511 

Ending Balance

 

$   43,500,000 

 

$   42,500,000 

 

 

 

 

 

Ending balance; collectively

     evaluated for impairment

 

$   43,500,000 

 

$   42,500,000 

 

Finance receivables:

 

 

 

 

Ending balance

 

$ 723,236,417

 

$ 594,921,292

Ending balance; collectively

     evaluated for impairment

 

$ 723,236,417

 

$ 594,921,292