9. Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of income tax expense

	Year Ended December 31,
	2016			2015		2014
	(In thousands)
Current federal tax expense	$	22,872		$	18,653	$	1,348
Current state tax expense		2,671			1,146		1,316
Deferred federal tax expense		(6,329	)		4,233		18,338
Deferred state tax expense		1,147			2,669		1,724
Income tax expense	$	20,361		$	26,701	$	22,726

Reconciliation of income taxes

	Year Ended December 31,
	2016			2015		2014
	(In thousands)
Current federal tax expense	$	22,872		$	18,653	$	1,348
Current state tax expense		2,671			1,146		1,316
Deferred federal tax expense		(6,329	)		4,233		18,338
Deferred state tax expense		1,147			2,669		1,724
Income tax expense	$	20,361		$	26,701	$	22,726

Schedule of deferred tax assets and liabilities

	December 31,
	2016			2015
	(In thousands)
Deferred Tax Assets:
Finance receivables	$	28,986		$	20,825
Accrued liabilities		2,322			3,091
NOL carryforwards		1,697			3,272
Built in losses		8,915			10,254
Pension accrual		2,107			1,999
AMT credit carryforward		–			166
Other		2,343			1,109
Total deferred tax assets		46,370			40,716
Deferred Tax Liabilities:
Deferred loan costs		(3,223	)		(2,894	)
Furniture and equipment		(302	)		(225	)
Total deferred tax liabilities		(3,525	)		(3,119	)
Net deferred tax asset	$	42,845		$	37,597