Segment Information

9 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment Information

Note 15 – Segment Information

Financial information for our reportable operating segments is summarized as follows:

	Three Months Ended December 31, 2015
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	2,376	$	-	$	-		$	2,376
Insurance earned premiums and contract revenues		-		181		-			181
Investment and other income, net		27		40		-			67
Gain on sale of commercial finance business		197		-		-			197
Total gross revenues		2,600		221		-			2,821
Less:
Depreciation on operating leases		1,503		-		-			1,503
Interest expense		277		-		-			277
Provision for credit losses		128		-		-			128
Operating and administrative expenses		223		65		-			288
Insurance losses and loss adjustment expenses		-		73		-			73
Provision for income taxes		179		31		-			210
Net income	$	290	$	52	$	-		$	342
	Nine Months Ended December 31, 2015
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	6,984	$	-	$	-		$	6,984
Insurance earned premiums and contract revenues		-		533		-			533
Investment and other income, net		70		49		-			119
Gain on sale of commercial finance business		197		-		-			197
Total gross revenues		7,251		582		-			7,833
Less:
Depreciation on operating leases		4,309		-		-			4,309
Interest expense		988		-		-			988
Provision for credit losses		278		-		-			278
Operating and administrative expenses		657		188		-			845
Insurance losses and loss adjustment expenses		-		230		-			230
Provision for income taxes		380		61		-			441
Net income	$	639	$	103	$	-		$	742
Total assets at December 31, 2015	$	112,354	$	4,085	$	(984	)	$	115,455

Note 15 – Segment Information (Continued)

	Three Months Ended December 31, 2014
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	2,112	$	-	$	-		$	2,112
Insurance earned premiums and contract revenues		-		159		-			159
Investment and other income, net		20		42		-			62
Total gross revenues		2,132		201		-			2,333
Less:
Depreciation on operating leases		1,248		-		-			1,248
Interest expense		161		-		-			161
Provision for credit losses		103		-		-			103
Operating and administrative expenses		209		57		-			266
Insurance losses and loss adjustment expenses		-		63		-			63
Provision for income taxes		155		30		-			185
Net income	$	256	$	51	$	-		$	307
	Nine Months Ended December 31, 2014
	Finance		Insurance		Intercompany
	operations		operations		eliminations			Total
Total financing revenues	$	6,129	$	-	$	-		$	6,129
Insurance earned premiums and contract revenues		-		472		-			472
Investment and other income, net		67		90		-			157
Total gross revenues		6,196		562		-			6,758
Less:
Depreciation on operating leases		3,544		-		-			3,544
Interest expense		506		-		-			506
Provision for credit losses		220		-		-			220
Operating and administrative expenses		589		163		-			752
Insurance losses and loss adjustment expenses		-		200		-			200
Provision for income taxes		500		74		-			574
Net income	$	837	$	125	$	-		$	962
Total assets at December 31, 2014	$	104,068	$	3,683	$	(903	)	$	106,848