Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of income taxes expenses

	Year Ended December 31,
	2023		2022		2021
	(In thousands)
Current federal tax expense	$	7,122	$	16,946	$	8,992
Current state tax expense		2,613		3,352		2,845
Deferred federal tax expense		4,307		5,573		3,012
Deferred state tax expense		1,712		4,339		3,373
Income tax expense	$	15,754	$	30,210	$	18,222

Schedule of reconciliation of income taxes

	Year Ended December 31,
	2023			2022			2021
	(In thousands)
Expense at federal tax rate	$	12,830		$	24,401		$	13,807
State taxes, net of federal income tax effect		3,716			6,462			3,974
Stock-based compensation		(1,184	)		(2,611	)		(947	)
Non-deductible expenses		1,629			1,056			1,129
Net operating loss carryback		–			–			(1,694	)
Effect of change in tax rate		–			–			–
Accounting method change		–			–			–
Other		(1,237	)		902			1,953
	$	15,754		$	30,210		$	18,222

Schedule of deferred tax assets and liabilities

	December 31,
	2023			2022
	(In thousands)
Deferred Tax Assets:
Finance receivables	$	895		$	4,870
Accrued liabilities		1,423			1,708
NOL carryforwards		400			450
Built in losses		1,383			2,024
Pension accrual		–			–
Stock compensation		1,131			2,172
Lease liability		883			1,711
Other		–			–
Total deferred tax assets	$	6,115		$	12,935
Deferred Tax Liabilities:
Finance receivables	$	–		$	–
Deferred loan costs		–			–
Pension accrual		(1,217	)		(752	)
Lease right-of-use assets		(803	)		(1,572	)
Furniture and equipment and other		(359	)		(434	)
Total deferred tax liabilities		(2,379	)		(2,758	)
Net deferred tax asset	$	3,736		$	10,177