Balance Sheet

Financial Highlights
12/31/2015
12/31/2016
3/31/2017
Assets ($000)
Cash and Cash Equivalents 2,721 2,194 2,809
Restricted Cash 0 0 0
Trading Account Securities 0 0 0
Available for Sale Securities 0 0 0
Held to Maturity Securities 0 0 0
Other Securities 0 0 0
Total Securities 0 0 0
Investment in Partnerships 0 0 0
Gross Loans Held for Investment 11,896 17,468 26,145
Loans Held for Investment: Loan-loss Reserve 0 0 0
Loans Held for Investment, Net of Reserves 11,896 17,468 26,145
Loans Held for Sale, before Reserves 0 0 0
Loans HFS Reserve 0 0 0
Loans Held for Sale, Net of Reserves 0 0 0
Equipment Under Operating Leases 155,258 192,800 186,015
Net Loans & Leases 167,154 210,268 212,160
Total Servicing Rights 0 0 0
Goodwill 0 0 0
Intangible Assets other than Goodwill 0 0 0
Total Intangible Assets 0 0 0
Real Estate Owned and Repossessed Assets, Net 0 0 0
Fixed Assets NA NA NA
Total Other Assets 11,150 6,274 7,063
Total Assets 181,025 218,736 222,032
Memo: Consolidated VIE Assets NA NA NA
Liabilities ($000)
Total Deposits 0 0 0
Senior Debt 107,586 125,724 129,131
Trust Preferred (FAS 150) 0 0 0
Other Subordinated Debt 0 0 0
Total Subordinated Debt 0 0 0
Redeemable Financial Instruments (FAS 150) 0 0 0
Total Debt 107,586 125,724 129,131
Debt and Banking Deposits 107,586 125,724 129,131
Deferred Tax Liability 12,204 12,831 13,145
Total Policy Reserves 0 0 0
Total Other Liabilities 19,956 37,682 39,147
Total Liabilities 139,747 176,236 181,423
Memo: Consolidated VIE Liabilities NA NA NA
Mezzanine ($000)
Redeemable Preferred 0 0 0
Trust Preferred Securities 0 0 0
Total Minority Interest 0 0 0
Other Mezzanine Items 0 0 0
Total Mezzanine Level Items 0 0 0
Equity ($000)
TARP Preferred Equity 0 0 0
Other Preferred Equity 0 0 0
Total Preferred Equity 0 0 0
Common Equity 41,279 42,500 40,609
Equity Attributable to Parent Company 41,279 42,500 40,609
Noncontrolling Interests 0 0 0
Total Equity 41,279 42,500 40,609
Shares Issued(actual) 1,629,999 1,629,999 1,629,999
Treasury Shares(actual) 63,300 63,300 213,300
Common Shares Outstanding(actual) 1,566,699 1,566,699 1,416,699
Convertible OP Units(actual) 0 0 0
Basic Book Value per Share($) 26.35 27.13 28.66
Basic Tangible Book Value per Share($) 26.35 27.13 28.66
Net Unrealized Gain 0 0 0
Cumulative Foreign Currency Translation 0 0 0
Minimum Pension Fund Liability 0 0 0
Fair Value of Effective Hedges 0 0 0
Tot Acc Other Comprehensive Inc 0 0 0
Fair Value Measurements ($000)
Level 1 Assets 1,947 1,348 1,848
Level 2 Assets 0 0 0
Level 3 Assets 3,689 NA NA
Level 1 Liabilities 0 0 0
Level 2 Liabilities 0 0 0
Level 3 Liabilities 110,400 127,724 130,910
Balance Sheet Ratios (%)
Reserves/ Loans Held For Investment 0 0 0
Total Equity/ Total Assets 22.80 19.43 18.29
Tangible Equity/ Tangible Assets 22.80 19.43 18.29
Common Equity/ Total Assets 22.80 19.43 18.29
Intangibles/ Equity 0 0 0
Total Debt/ Total Equity(x) 2.61 2.96 3.18
Debt plus Rdm Pfd/ Equity(x) 2.61 2.96 3.18
Average Balance Sheet ($000)
Avg Gross Loans HFI 8,562 13,781 21,807
Average Loans HFI, Net 8,562 13,781 21,807
Avg Loans HFS 0 0 0
Avg Net Loans, HFI and HFS 8,562 13,781 21,807
Avg Operating Leases 171,547 164,290 189,408
Avg Net Loans and Leases 180,108 178,071 211,214
Avg Assets 193,236 188,758 220,384
Avg Interest Earning Assets 11,019 16,568 24,308
Avg Interest-bearing Liabs NA NA NA
Avg Preferred Equity 0 0 0
Avg Common Equity 37,201 42,038 41,555
Avg Equity 37,201 42,038 41,555
Avg Managed Receivables for Self and Others 180,108 178,071 211,214
Avg Managed Assets 193,236 188,758 220,384
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
Copyright 2018, © S&P Global Market Intelligence  Terms of Use