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Loans Receivable
 3 Months Ended
Mar. 31, 2019
Receivables [Abstract]  
Loans Receivable
LOANS RECEIVABLE
The following is a summary of the Company’s loans receivable, net:
(In Thousands)
March 31, 2019
 
December 31, 2018
Credit Card Loans1
$
87,768

 
$
90,406

Acquired Loans2
3,721

 
5,688

Loans Receivable, Gross
91,489

 
96,094

 
 
 
 
Allowance for Loan Losses
(12,363
)
 
(12,970
)
Unamortized Fees
(6,562
)
 
(6,971
)
Loans Receivable, Net of Allowances and Unamortized Fees
$
72,564

 
$
76,153


1 "Credit Card Loans" are loans originated after the 2015 acquisition of DAMI.
2 "Acquired Loans" are credit card loans the Company purchased in the 2015 acquisition of DAMI.
Included in the table below is an aging of the loans receivable, gross balance:
(Dollar Amounts in Thousands)
 
 
 
Aging Category1
March 31, 2019
 
December 31, 2018
30-59 days past due
6.3
%
 
6.9
%
60-89 days past due
3.1
%
 
3.4
%
90 or more days past due
4.1
%
 
4.3
%
Past due loans receivable
13.5
%
 
14.6
%
Current loans receivable
86.5
%
 
85.4
%
Balance of Credit Card Loans on Nonaccrual Status
$
1,954

 
$
2,110

Balance of Loans Receivable 90 or More Days Past Due and Still Accruing Interest and Fees
$
—

 
$
—


1 This aging is based on the contractual amounts outstanding for each loan as of period end, and does not reflect the fair value adjustments for the Acquired Loans.
The table below presents the components of the allowance for loan losses:
 
Three Months Ended
(In Thousands)
March 31, 2019
 
March 31, 2018
Beginning Balance
$
12,970

 
$
11,454

Provision for Loan Losses
4,255

 
4,492

Charge-offs
(5,484
)
 
(5,619
)
Recoveries
622

 
372

Ending Balance
$
12,363

 
$
10,699