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Allowance for Credit Losses (Tables)
6 Months Ended
Sep. 30, 2019
Loans And Leases Receivable Disclosure [Abstract]  
Allowance for Credit Losses on Finance Receivables and Investments in Operating Leases

The following table provides information related to our allowance for credit losses on finance receivables and investments in operating leases:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Allowance for credit losses at beginning of period

 

$

605

 

 

$

600

 

 

$

602

 

 

$

597

 

Charge-offs

 

 

(106

)

 

 

(105

)

 

 

(208

)

 

 

(218

)

Recoveries

 

 

26

 

 

 

23

 

 

 

56

 

 

 

50

 

Provision for credit losses

 

 

61

 

 

 

67

 

 

 

136

 

 

 

156

 

Allowance for credit losses at end of period

 

$

586

 

 

$

585

 

 

$

586

 

 

$

585

 

Allowance for Credit Losses and Finance Receivables by Portfolio Segment

The following tables provide information related to our allowance for credit losses for finance receivables and finance receivables by portfolio segment:

 

 

 

Three Months Ended September 30, 2019

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, July 1, 2019

 

$

327

 

 

$

177

 

 

$

504

 

Charge-offs

 

 

(80

)

 

 

-

 

 

 

(80

)

Recoveries

 

 

13

 

 

 

-

 

 

 

13

 

Provision for credit losses

 

 

57

 

 

 

11

 

 

 

68

 

Ending balance, September 30, 2019

 

$

317

 

 

$

188

 

 

$

505

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended September 30, 2019

 

Allowance for Credit Losses for Finance Receivables:

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2019

 

$

304

 

 

$

195

 

 

$

499

 

Charge-offs

 

 

(152

)

 

 

-

 

 

 

(152

)

Recoveries

 

 

27

 

 

 

-

 

 

 

27

 

Provision for credit losses

 

 

138

 

 

 

(7

)

 

 

131

 

Ending balance, September 30, 2019

 

$

317

 

 

$

188

 

 

$

505

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

90

 

 

$

90

 

Ending balance: Collectively evaluated for impairment

 

$

317

 

 

$

98

 

 

$

415

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2019

 

$

56,602

 

 

$

17,331

 

 

$

73,933

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

610

 

 

$

610

 

Ending balance: Collectively evaluated for impairment

 

$

56,602

 

 

$

16,721

 

 

$

73,323

 

 

 

 

Three Months Ended September 30, 2018

 

 

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Allowance for Credit Losses for Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, July 1, 2018

 

$

313

 

 

$

150

 

 

$

463

 

Charge-offs

 

 

(76

)

 

 

-

 

 

 

(76

)

Recoveries

 

 

12

 

 

 

-

 

 

 

12

 

Provision for credit losses

 

 

58

 

 

 

(10

)

 

 

48

 

Ending balance, September 30, 2018

 

$

307

 

 

$

140

 

 

$

447

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended September 30, 2018

 

Allowance for Credit Losses for Finance Receivables:

 

Retail Loan

 

 

Dealer Products

 

 

Total

 

Beginning balance, April 1, 2018

 

$

312

 

 

$

151

 

 

$

463

 

Charge-offs

 

 

(151

)

 

 

-

 

 

 

(151

)

Recoveries

 

 

26

 

 

 

-

 

 

 

26

 

Provision for credit losses

 

 

120

 

 

 

(11

)

 

 

109

 

Ending balance, September 30, 2018

 

$

307

 

 

$

140

 

 

$

447

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

57

 

 

$

57

 

Ending balance: Collectively evaluated for impairment

 

$

307

 

 

$

83

 

 

$

390

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finance Receivables:

 

 

 

 

 

 

 

 

 

 

 

 

Ending balance, September 30, 2018

 

$

53,957

 

 

$

16,538

 

 

$

70,495

 

Ending balance: Individually evaluated for impairment

 

$

-

 

 

$

446

 

 

$

446

 

Ending balance: Collectively evaluated for impairment

 

$

53,957

 

 

$

16,092

 

 

$

70,049