9. Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Income taxes

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
Current federal tax expense	$	18,653	$	1,348	$	977
Current state tax expense		1,146		1,316		365
Deferred federal tax expense		4,233		18,338		13,306
Deferred state tax expense		2,669		1,724		1,520
Income tax expense	$	26,701	$	22,726	$	16,168

Income tax expense/(benefit)

	Year Ended December 31,
	2015		2014		2013
	(In thousands)
Expense at federal tax rate	$	21,484	$	18,285	$	13,011
State taxes, net of federal income tax effect		3,235		2,651		2,079
Stock-based compensation		1,560		1,182		911
Non-deductible expenses		107		116		619
Other		315		492		(452	)
	$	26,701	$	22,726	$	16,168

Deferred tax assets and liabilities

	December 31,
	2015			2014
	(In thousands)
Deferred Tax Assets:
Finance receivables	$	20,825		$	19,046
Accrued liabilities		3,091			2,551
Furniture and equipment		–			16
NOL carryforwards		3,272			6,922
Built in losses		10,254			11,698
Pension accrual		1,999			1,090
AMT credit carryforward		166			2,899
Other		1,109			941
Total deferred tax assets		40,716			45,163
Deferred Tax Liabilities:
Deferred loan costs		(2,894	)		(2,316	)
Furniture and equipment		(225	)		–
Total deferred tax liabilities		(3,119)			(2,316	)
Net deferred tax asset	$	37,597		$	42,847