LOANS RECEIVABLE (Tables)

9 Months Ended

Sep. 30, 2014

LOANS RECEIVABLE.

Schedule of loans receivable

	September 30, 2014
	(in thousands)
Commercial mortgage loans	$	112,484
SBA 7(a) loans, subject to secured borrowings		43,104
SBA 7(a) loans		36,029
Loans receivable		191,617
Deferred capitalized costs		237
Net loans receivable	$	191,854

Schedule of aging of loans receivable subject to credit risk

September 30, 2014	Commercial Mortgage Loans				SBA 7(a) Loans				Totals
	(dollars in thousands)
Current	$	112,484	100.0	%	$	35,871	99.6	%	$	148,355	99.9	%
Between 29 and 59 days delinquent		—	—			158	0.4			158	0.1
Between 60 and 89 days delinquent		—	—			—	—			—	—
Over 89 days delinquent		—	—			—	—			—	—
	$	112,484	100.0	%	$	36,029	100.0	%	$	148,513	100.0	%

Schedule of classification of loans receivable subject to credit risk

September 30, 2014	Commercial Mortgage Loans				SBA 7(a) Loans				Totals
	(dollars in thousands)
Satisfactory	$	111,631	99.2	%	$	35,423	98.3	%	$	147,054	99.0	%
OAEM		—	—			316	0.9			316	0.2
Substandard		853	0.8			133	0.4			986	0.7
Doubtful		—	—			157	0.4			157	0.1
	$	112,484	100.0	%	$	36,029	100.0	%	$	148,513	100.0	%