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Note 2 - Allowance For Loan Losses: Schedule of Loans and Financing Receivable (Tables)
9 Months Ended
Sep. 30, 2019
Tables/Schedules  
Schedule of Loans and Financing Receivable

 

 

 

September 30, 2019

 

 

Principal

Balance

 

 

%

Portfolio

 

9 Months

Net

Charge Offs

 

%

Net

Charge Offs

 

 

 

 

 

 

 

 

 

Consumer Loans

 

$ 692,024,520

 

86.9 %

 

$ 32,672,235

 

95.3 %

Real Estate Loans

 

35,394,803

 

4.5

 

31,586

 

.1

Sales Finance Contracts

 

68,542,529

 

8.6

 

1,580,899

 

4.6

     Total

 

$ 795,961,852

 

100.0 %

 

$ 34,284,720

 

100.0 %

 

September 30, 2018

 

Principal

Balance

 

%

Portfolio

 

9 Months

Net

Charge Offs

(Recoveries)

 

%

Net

Charge Offs

 

 

 

 

 

 

 

 

 

Consumer Loans

 

$ 591,483,591

 

88.4 %

 

$ 25,432,686

 

96.4 %

Real Estate Loans

 

29,914,177

 

4.5

 

14,646

 

.1

Sales Finance Contracts

 

47,453,102

 

7.1

 

935,410

 

3.5

     Total

 

$ 668,850,870

 

100.0 %

 

$ 26,382,742

 

100.0 %