<SEC-DOCUMENT>0001157523-16-007220.txt : 20161103
<SEC-HEADER>0001157523-16-007220.hdr.sgml : 20161103
<ACCEPTANCE-DATETIME>20161103073531
ACCESSION NUMBER:		0001157523-16-007220
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20161103
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161103
DATE AS OF CHANGE:		20161103

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WORLD ACCEPTANCE CORP
		CENTRAL INDEX KEY:			0000108385
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		IRS NUMBER:				570425114
		STATE OF INCORPORATION:			SC
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19599
		FILM NUMBER:		161970157

	BUSINESS ADDRESS:	
		STREET 1:		108 FREDRICK STREET
		CITY:			GREENVILLE
		STATE:			SC
		ZIP:			29607
		BUSINESS PHONE:		8642989800

	MAIL ADDRESS:	
		STREET 1:		P O BOX 6429
		CITY:			GREENVILLE
		STATE:			SC
		ZIP:			29606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WORLD FINANCE CORP
		DATE OF NAME CHANGE:	19700210
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51452672.htm
<DESCRIPTION>WORLD ACCEPTANCE CORPORATION 8-K
<TEXT>
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      <br>
      <font style="font-size: 14pt"><b>UNITED STATES</b></font><font style="font-size: 14pt"><br style="font-size: 14pt"></font><font style="font-size: 14pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-size: 12pt"><b>Washington,
      D.C. 20549</b></font>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-size: 14pt"><b>FORM 8-K</b></font><br><br><font style="font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 12pt"><b>Pursuant to
      Section 13 OR 15(d) of The Securities Exchange Act of 1934</b></font>
    </p>
    <p style="text-align: center">

    </p>
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    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 45%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          <p style="font-size: 10pt">
            Date of Report (Date of earliest event reported)
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; width: 55%; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="top">
          <p style="font-size: 10pt">
            <font style="font-family: Times New Roman; font-size: 10pt">November
            3, 2016</font>
          </p>
        </td>
      </tr>
    </table>
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          &#160;
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      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <p style="font-size: 10pt">
            <font style="font-size: 12pt">WORLD ACCEPTANCE CORPORATION</font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="font-size: 10pt">
            (Exact name of registrant as specified in its charter)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 33%">

        </td>
        <td style="width: 34%">

        </td>
        <td style="width: 33%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; width: 33%; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            South Carolina
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; width: 34%; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            0-19599
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; width: 33%; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            57-0425114
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 33%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td style="width: 34%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="width: 33%; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 50%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; width: 50%; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            108 Frederick Street, Greenville, South Carolina
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; width: 50%; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            29607
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%; padding-left: 0.0px; text-align: left" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="width: 50%; padding-left: 0.0px; text-align: right" valign="bottom">
          <font style="font-family: Times New Roman; font-size: 10pt">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 45%">

        </td>
        <td style="width: 55%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 45%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          <p style="font-size: 10pt">
            Registrant&#8217;s telephone number, including area code
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; width: 55%; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="top">
          <p style="font-size: 10pt">
            (864) 298-9800
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <p style="font-size: 10pt">
            n/a
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="font-size: 10pt">
            (Former name or former address, if changed since last report.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 12pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 2.02 Results of Operations and Financial Condition; and</b>
    </p>
    <p>
      <b>Item 7.01 Regulation FD Disclosure.</b>
    </p>
    <p style="text-align: justify">
      On November 3, 2016, World Acceptance Corporation (&quot;WRLD&quot;) issued a
      press release announcing financial information for its second quarter
      ended September 30, 2016.&#160;&#160;The press release is attached as Exhibit&#160;99.1
      to this Form&#160;8-K and is furnished to, but not filed with, the Commission.
    </p>
    <p style="text-align: justify">
      On November 3, 2016, World Acceptance Corporation senior management held
      a conference call to discuss the results of its second quarter ended
      September 30, 2016.&#160;&#160;Prepared remarks for the conference call by the
      Chief Executive Officer of WRLD is attached hereto as Exhibit 99.2 to
      this Form 8-K and is furnished to, but not filed with, the Commission.
    </p>
    <p>
      <b>Item 9.01 Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.
    </p>
    <p style="white-space: nowrap">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Exhibit
      Number</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description
      of Exhibit</u><br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Press
      release issued November 3, 2016<br>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;99.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Prepared
      remarks by Chief Executive Officer for November 3, 2016 conference call
    </p>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font></u>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 35%">

        </td>
        <td colspan="2" style="border-bottom-width: 1.0pt; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            WORLD ACCEPTANCE CORPORATION
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 35%">

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: center" valign="top">
          (Registrant)
        </td>
      </tr>
      <tr>
        <td style="width: 6%; padding-left: 0.0px; text-align: left" valign="top">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 55%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 55%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Date:
        </td>
        <td style="width: 35%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            November 3, 2016
          </p>
        </td>
        <td style="width: 4%; padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          By:
        </td>
        <td style="border-bottom-width: 1.0pt; width: 55%; border-bottom-color: black; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ John Calmes
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 55%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            John Calmes
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 55%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-family: Times New Roman; font-size: 10pt">EXHIBIT
      INDEX</font></u>
    </p>
    <p style="text-align: left">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 10pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 15%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit</u>
          </p>
        </td>
        <td style="width: 85%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td style="width: 85%; padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 15%; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="width: 85%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated November 3, 2016
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 15%; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.2
          </p>
        </td>
        <td style="width: 85%; padding-left: 0.0px; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Prepared remarks by Chief Executive Officer for November 3, 2016
            conference call
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51452672ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
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<!--All rights reserved www.businesswire.com-->
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>World
      Acceptance Corporation Reports Second Quarter</b></font>
    </p>
    <p>
      GREENVILLE, S.C.--(BUSINESS WIRE)--November 3, 2016--World Acceptance
      Corporation (NASDAQ:&#160;WRLD) today reported financial results for its
      second fiscal quarter and six months ended September 30,&#160;2016.
    </p>
    <p>
      Net income for the second quarter decreased 19.3% to $15.5 million
      compared to $19.2 million for the same quarter of the prior year. Net
      income per diluted share decreased 20.7% to $1.76&#160;in the second quarter
      of fiscal 2017 compared to $2.22 in the prior year quarter.
    </p>
    <p>
      Total revenues decreased to $129.3 million for the second quarter of
      fiscal 2017, a 5.2% decrease from the $136.4 million reported for the
      second quarter last year.&#160;Revenues from the 1,279 offices open
      throughout both quarterly periods decreased by 3.8%. Interest and fee
      income decreased 5.6%, from $124.0 million to $117.0 million in the
      second quarter of fiscal 2017 due primarily to a decrease in average
      earning loans and an unfavorable move in exchange rates. Insurance and
      other income decreased by 1.3% to $12.3 million in the second quarter of
      fiscal 2017 compared with $12.4 million in the second quarter of fiscal
      2016. The decrease was related to a $1.2 million decrease in insurance
      revenue offset by a $1.0 million increase in other income compared with
      the second quarter of fiscal 2016. Other income was negatively impacted
      in the prior year quarter by a buyback of charged-off accounts sold in
      the fourth quarter of fiscal 2015. The buyback resulted in a $1.5
      million net loss during the second quarter of fiscal 2016.
    </p>
    <p>
      Accounts in the US that were 61 days or more past due increased to 5.3%
      on a recency basis and to 7.0% on a contractual basis at September 30,
      2016, compared to 4.8% and 6.5%, respectively, at September 30, 2015. On
      a consolidated basis, accounts that were 61 days or more past due
      increased to 5.5% on a recency basis and to 7.7% on a contractual basis
      at September 30, 2016, compared to 5.0% and 7.0%, respectively, at
      September 30, 2015. As a result of the higher delinquencies, our
      allowance to net loans increased from 9.5% at September 30, 2015, to
      9.7% at September 30, 2016.
    </p>
    <p>
      As previously disclosed, the Company ceased all in-person visits
      effective December 18, 2015. During the fourth quarter of fiscal 2016,
      the Company experienced higher than normal delinquencies in January and
      February as well as higher than normal charge-offs, especially in the
      month of March, as accounts became more than 90 days past due. We
      continue to see elevated net charge-offs and delinquencies, however, the
      provision for the quarter decreased $1.7 million quarter over quarter.
      This is primarily due to the Company recording an additional $5.0
      million provision during the second quarter of fiscal 2016. This was
      off-set by an increase in net charge-offs and a larger increase in
      accounts 90 days past due quarter over quarter. Net charge-offs as a
      percentage of average net loans on an annualized basis increased from
      13.6% to 15.6% when comparing the two quarters. The prior year net
      charge-off rate benefited from one monthly sale of accounts previously
      charged-off totaling approximately $0.3 million. Consolidated net
      charge-offs excluding the impact of the charge-off sale were up $2.1
      million when comparing the two fiscal quarters. Accounts 90 days past
      due in the US, which are fully reserved, increased by $1.3 million in
      the current quarter versus the same quarter last year.
    </p>
    <p>
      General and administrative expenses amounted to $63.5 million in the
      second fiscal quarter, compared to $63.4 million in the same quarter of
      the prior fiscal year. As a percentage of revenues, G&amp;A expenses
      increased from 46.5% during the second quarter of fiscal 2016 to 49.1%
      during the current quarter. G&amp;A expenses per average open office
      increased by 1.3% when comparing the two fiscal quarters.
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Personnel expenses increased $1.0 million when comparing the two
      quarters. The prior year quarter benefited from the release of expense
      previously accrued under the Group B performance based restricted stock
      awards. The release in the prior quarter resulted in a decrease in
      personnel expense of approximately $2.6 million. Personnel expense in
      the prior year quarter also benefited from the release of accruals
      related to the retirement of the previous CEO. The impact of the
      reversal on the prior year was $1.5 million. Excluding the impact of the
      prior year reversals, personnel expense decreased $3.1 million, or 7.2%
      quarter over quarter. Occupancy expense decreased $1.4 million quarter
      over quarter. This is primarily related to a $1.3 million loss taken in
      the prior year quarter as a result of the sale of the corporate jet. The
      Company&#8217;s advertising expense increased $700,000 from prior year quarter
      as the Company shifted its marketing spend from the first quarter to the
      second quarter.
    </p>
    <p>
      Interest expense for the quarter ended September&#160;30, 2016, decreased by
      $1.8 million, or 24.1% from the corresponding quarter of the previous
      year. The decrease in interest expense is due to a 26.1% decrease in the
      average debt outstanding, from $493.9 million to $365.0 million for the
      quarters ended September 30, 2015, and 2016, respectively. The Company&#8217;s
      debt to equity ratio decreased from 1.4:1 at September 30, 2015, to
      0.9:1 at September 30, 2016.
    </p>
    <p>
      The Company&#8217;s second quarter effective income tax rate increased to
      36.6% compared with 31.8% in the prior year&#8217;s second quarter. The
      increase was primarily due to the decrease in reserves related to an
      initial state ruling in favor of the Company and state refund claims in
      the prior year&#8217;s quarter.
    </p>
    <p>
      Gross loans decreased to $1.10 billion as of September 30, 2016, a 5.8%
      decrease from the $1.16 billion of loans outstanding as of September 30,
      2015. Gross loans in the US decreased 7.0%. Gross loans in Mexico
      increased 7.7% in US dollars. However, gross loans in Mexico increased
      23.0% in Mexican pesos. The shift in the mix of our loan portfolio
      leveled off over the past 12 months and at September 30, 2016, consisted
      of 61.2% small loans, 38.7% larger loans and 0.1% sales finance. This
      compares to 60.8%, 38.8% and 0.4% at September 30, 2015. Additionally,
      the overall 5.8% decrease in loan balances resulted from a 3.9% decrease
      in the number of accounts outstanding and a 1.9% decrease in average
      balances outstanding. The number of loans to first time and former
      borrowers was approximately 157,000 during the current quarter, which is
      up 4.5% compared to the same quarter of the prior fiscal year.
    </p>
    <p>
      We remain optimistic about our Mexican operations. We have approximately
      155,000 accounts and approximately $103.5 million in gross loans
      outstanding in Mexico. Net charge-offs as a percent of average net loans
      decreased from 11.2% in fiscal 2016 to 10.5% during the current fiscal
      year. Additionally, our 61+ day delinquencies were 7.4% and 13.6% on a
      recency and contractual basis, respectively, as of September 30, 2016, a
      change from 7.1% and 13.5%, respectively, as of September 30, 2015.
    </p>
    <p>
      Other key return ratios for the second quarter included a 9.0% return on
      average assets and a return on average equity of 19.6% (both on a
      trailing 12-month basis).
    </p>
    <p>
      <i><b>Six-Month Results</b></i>
    </p>
    <p>
      For the first six-months of the fiscal year, net income decreased 25.0%
      to $32.1 million compared with $42.8 million for the six-months ended
      September 30, 2015. Fully diluted net income per share decreased 25.9%
      to $3.65 in the first six months of fiscal 2017 compared with $4.93 for
      the first six-months of fiscal 2016.
    </p>
    <p>
      Total revenues for the first six-months of fiscal&#160;2017 declined 6.3% to
      $256.3&#160;million compared with a revised $273.6 million during the
      corresponding period&#160;of the previous year. Annualized net charge-offs as
      a percent of average net loans increased from 12.8% during the first
      six-months of fiscal 2016 to 15.3% for the first six-months of fiscal
      2017.
    </p>
    <p>
      <i><b>Other Matters</b></i>
    </p>
    <p>
      As previously disclosed, on August 7, 2015, the Company received a
      letter from the CFPB&#8217;s Enforcement Office notifying the Company that, in
      accordance with the CFPB&#8217;s discretionary Notice and Opportunity to
      Respond and Advise (&#8220;NORA&#8221;) process, the staff of CFPB&#8217;s Enforcement
      Office is considering recommending that the CFPB take legal action
      against the Company (the &#8220;NORA Letter&#8221;). The NORA Letter states that the
      staff of the CFPB&#8217;s Enforcement Office expects to allege that the
      Company violated the Consumer Financial Protection Act of 2010, 12
      U.S.C. &#167;5536. The NORA Letter confirms that the Company has the
      opportunity to make a NORA submission, which is a written statement
      setting forth any reasons of law or policy why the Company believes the
      CFPB should not take legal action against it. Following the CFPB&#8217;s NORA
      Letter, the Company made NORA submissions to the CFPB&#8217;s Enforcement
      Office. The Company understands that a NORA Letter is intended to ensure
      that potential subjects of enforcement actions have the opportunity to
      present their positions to the CFPB before an enforcement action is
      recommended or commenced. The Company continues to believe its
      historical and current business practices are lawful.
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>About World Acceptance Corporation</b></i>
    </p>
    <p>
      World Acceptance Corporation is one of the largest small-loan consumer
      finance companies, operating 1,322 offices in 15 states and Mexico.
    </p>
    <p>
      <i><b>Second Quarter Conference Call</b></i>
    </p>
    <p>
      The senior management of World Acceptance Corporation will be discussing
      these results in its quarterly&#160;conference call to be held at 10:00 a.m.
      Eastern time today. A simulcast&#160;of the conference call&#160;will be&#160;available
      on the Internet at <u>https://www.webcaster4.com/Webcast/Page/1118/17328</u>.
      The call will be available for replay on the Internet for approximately
      30&#160;days.
    </p>
    <p>
      This press release may contain various &#8220;forward-looking statements&#8221;
      within the meaning of the Private Securities Litigation Reform Act of
      1995, that represent the Company&#8217;s expectations or beliefs concerning
      future events. Statements other than those of historical fact, as well
      as those identified by the words &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8221;intend,&#8221;
      &#8220;plan,&#8221; &#8220;expect,&#8221; &#8221;project,&#8221; &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221;
      &#8220;would,&#8221; &#8220;could&#8221; and any variation of the foregoing and similar
      expressions are forward-looking statements. Such forward-looking
      statements are about matters that are inherently subject to risks and
      uncertainties. Factors that could cause actual results or performance to
      differ from the expectations expressed or implied in such
      forward-looking statements include the following: recently enacted,
      proposed or future legislation and the manner in which it is
      implemented; the nature and scope of regulatory authority, particularly
      discretionary authority, that may be exercised by regulators, including,
      but not limited to, the Consumer Financial Protection Bureau (the
      &#8220;CFPB&#8221;), having jurisdiction over the Company&#8217;s business or consumer
      financial transactions generically; the unpredictable nature of
      regulatory proceedings and litigation; any determinations, findings,
      claims or actions made or taken by the CFPB, other regulators or third
      parties in connection with or resulting from the previously disclosed
      civil investigative demand (CID) or the notice and opportunity to
      respond and advise (NORA) letter from the CFPB that assert or establish
      that the Company&#8217;s lending practices or other aspects of its business
      violate applicable laws or regulations; the impact of changes in
      accounting rules and regulations, or their interpretation or
      application, which could materially and adversely affect the Company&#8217;s
      reported financial statements or necessitate material delays or changes
      in the issuance of the Company&#8217;s audited financial statements; the
      Company's assessment of its internal control over financial reporting,
      and the timing and effectiveness of the Company's efforts to remediate
      any reported material weakness in its internal control over financial
      reporting; changes in interest rates; risks related to expansion and
      foreign operations; risks inherent in making loans, including repayment
      risks and value of collateral; the timing and amount of revenues that
      may be recognized by the Company; changes in current revenue and expense
      trends (including trends affecting delinquencies and charge-offs); the
      potential impact of limitations in the Company&#8217;s amended revolving
      credit facility; and changes in the Company&#8217;s markets and general
      changes in the economy (particularly in the markets served by the
      Company). These and other factors are discussed in greater detail in
      Part I, Item 1A, &#8220;Risk Factors&#8221; in the Company&#8217;s most recent annual
      report on Form 10-K for the fiscal year ended March 31, 2016 filed with
      the Securities and Exchange Commission (&#8220;SEC&#8221;) and the Company&#8217;s other
      reports filed with, or furnished to, the SEC from time to time. World
      Acceptance Corporation does not undertake any obligation to update any
      forward-looking statements it makes. The Company is also not responsible
      for updating the information contained in this press release beyond the
      publication date, or for changes made to this document by wire services
      or Internet services.
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="21">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="21" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          <b>World Acceptance Corporation</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="21" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <b>Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td colspan="21" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          (unaudited and in thousands, except per share amounts)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="6" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>2016</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2015</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>2016</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2015</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Interest &amp; fees
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>116,980</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          123,964
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>231,024</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          246,803
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Insurance &amp; other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>12,289</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          12,447
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>25,325</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          26,834
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Total revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>129,269</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          136,411
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>256,349</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          273,637
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Expenses:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Provision for loan losses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>35,871</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          37,557
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>67,885</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          63,785
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          General and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          Personnel
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>40,401</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          39,445
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>82,396</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          82,664
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Occupancy &amp; equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>10,631</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12,030
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>21,133</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          22,423
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          Advertising
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>4,093</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,411
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>6,444</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,580
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Intangible amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>164</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          136
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>274</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          276
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>8,167</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          8,414
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>16,157</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          19,061
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>63,456</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          63,436
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>126,404</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          131,004
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>5,519</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          7,269
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>11,105</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          12,741
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Total expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>104,846</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          108,262
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>205,394</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          207,530
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Income before taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>24,423</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          28,149
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>50,955</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          66,107
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>8,932</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          8,963
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>18,845</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          23,288
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="top">
          Net income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; padding-bottom: 4.0px; text-align: right" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            $
          </p>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>15,491</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          19,186
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>32,110</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          42,819
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="top">
          Diluted earnings per share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; padding-bottom: 4.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>1.76</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          2.22
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>3.65</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          4.93
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="5" style="padding-left: 0.0px; padding-bottom: 4.0px; text-align: left" valign="top">
          Diluted weighted average shares outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>8,805</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          8,649
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>8,787</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          8,680
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="21" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="top">
          <b>Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td colspan="21" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          (unaudited and in thousands)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          March 31,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="top">
          September 30,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>2016</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2016</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2015</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          Cash
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>16,255</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12,377
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12,558
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Gross loans receivable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,095,577</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,066,964
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,162,836
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Less: Unearned interest &amp; fees
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>(305,080</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          (290,659
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          (318,478
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Allowance for loan losses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>(76,421</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          (69,566
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          (80,318
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: left" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Loans receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>714,076</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          706,739
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          764,040
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Property and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>23,898</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          25,297
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          23,349
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="top">
          Deferred income taxes, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>41,891</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          38,131
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          38,518
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>6,067</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,121
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          6,121
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Intangibles, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>2,697</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          2,917
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          3,169
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Other assets, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>12,514</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          14,637
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          15,825
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; padding-bottom: 4.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>817,398</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          806,219
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          863,580
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="5" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="top">
          <b>LIABILITIES AND SHAREHOLDERS' EQUITY</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Liabilities:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Notes payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>360,586</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          374,685
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          489,585
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="top">
          Income tax payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>10,114</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          8,259
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,336
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="4" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Accounts payable and accrued expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>28,882</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          31,374
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          25,820
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="padding-left: 0.0px; text-align: left" valign="top">
          Total liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>399,582</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          414,318
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          516,741
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; padding-bottom: 2.0px; text-align: left" valign="top">
          Shareholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          <b>417,816</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          391,901
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: right" valign="bottom">
          346,839
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; padding-bottom: 4.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          <b>817,398</b>
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          806,219
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: double; text-align: right" valign="bottom">
          863,580
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; font-size: 8pt; width: 100%; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td colspan="24">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="24" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <b>Selected Consolidated Statistics</b>
        </td>
      </tr>
      <tr>
        <td colspan="24" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          (dollars in thousands)
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="bottom">
          <b>September 30,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8" style="border-bottom-width: 1.0pt; border-bottom-color: black; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; border-bottom-style: solid; text-align: center" valign="bottom">
          <b>September 30,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>2016</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2015</u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u><b>2016</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>2015</u>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Expenses as a percent of total revenues:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 10.0px; text-align: left" valign="bottom">
          Provision for loan losses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>27.7</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          27.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>26.5</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          23.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 10.0px; text-align: left" valign="bottom">
          General and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>49.1</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          46.5
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>49.3</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          47.9
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td colspan="3" style="padding-left: 10.0px; text-align: left" valign="bottom">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>4.3</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          5.3
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>4.3</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          4.7
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Average gross loans receivable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,098,722</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,160,364
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,086,278</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,142,983
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Average net loans receivable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>792,684</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          842,043
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>785,474</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          831,536
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="3" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Loan volume
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>617,746</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          666,534
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>$</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,265,875</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          $
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,364,775
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Net charge-offs as percent of average loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>15.6</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          13.6
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>15.3</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12.8
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Return on average assets (trailing 12 months)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>9.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>9.0</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          12.4
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Return on average equity (trailing 12 months)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>19.6</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          34.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>19.6</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>%</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          34.2
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Offices opened (closed) during the period, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>(2</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          15
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>(17</b>
        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: left" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          26
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="4" style="padding-left: 0.0px; text-align: left" valign="bottom">
          Offices open at end of period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,322</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,346
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          <b>1,322</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px; text-align: right" valign="bottom">
          1,346
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>World Acceptance Corporation<br>John L. Calmes Jr.,
      864-298-9800<br>Chief Financial Officer
    </p>
    <p style="white-space: nowrap">

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>a51452672ex99_2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.2</b>
    </p>
    <p>
      <u><b>Q2 FY2017</b></u>
    </p>
    <p>
      <u><b>EARNINGS CALL PREPARED REMARKS</b></u>
    </p>
    <p style="text-align: justify">
      Please find following a summary of our operational results for this past
      quarter, Q2 FY2017. These notes are meant to add more detail to the
      standard press release that we issue each quarter. Previously, these
      notes have been used as a verbal script at the beginning of our Earnings
      Calls. We have decided that it is easier for our investors and other
      shareholders to receive these in written format, and therefore we can
      dedicate the Earnings Call time to answering any questions that
      participants on the call might have.
    </p>
    <p style="text-align: justify">
      <u><b>OVERALL</b></u>
    </p>
    <p style="text-align: justify">
      Our results this quarter show good growth in the number of new and
      former customers that we originated compared to the same quarter of a
      year ago. In Q2, we are at double the account growth rate of the same
      quarter last year. However, our ledger growth is still below last year&#8217;s
      level. This is because we are bringing in many more accounts at smaller
      loan levels, which we believe is consistent with our careful
      underwriting strategy. As these customers prove their credit-worthiness,
      we expect to be able to increase their loan amounts appropriately where
      desired by the customer, and so build our ledger going forward.
    </p>
    <p style="text-align: justify">
      Since 1962, we have proven to be successful in increasing loan amounts
      for our customers over time when their credit worthiness made it
      sensible and when their financial needs have increased. We therefore
      believe the increase in new and former customers is a very positive sign
      towards the future growth of our ledger, especially as we have reduced
      our lending at the lower end of the credit spectrum (but gained more new
      and former customers overall in spite of that).
    </p>
    <p style="text-align: justify">
      Our refinancings have been lower than historical levels, and we have put
      in place new strategies to help ensure that our customers have access to
      funding when they need it and can afford it. The strategies include a
      stronger focus on printed mailings, faster time-to-mail from the time
      data is analysed, and more specific individual details in the mailings.
      We have also improved our refinancing options to better meet the needs
      of our customers in terms of when refinancings are available and to what
      value.
    </p>
    <p style="text-align: justify">
      Our delinquencies and charge-offs are not yet at the lower levels we
      experienced prior to stopping all field calls in December 2015. We
      believe several of our new initiatives, including pay-by-phone, will
      allow us to reduce these metrics going forward.&#160;&#160;The Beacon Scores (the
      credit score used by Equifax) of our customers continues to rise, with
      new originations at Beacon Scores significantly higher than a year ago.
      Given that past experience shows a strong correlation between charge-off
      rates and Beacon Scores, it would be reasonable to expect this rise in
      average Beacon Scores to result in lower charge-offs in the future.
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; text-align: right">
          1
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: justify">
      <b>Customer Research:</b> Last quarter, we commissioned a third party to
      carry out a study of our customers and potential customers so we could
      learn what they think of us and thus better meet their needs. We
      obtained the results of the study this quarter and were pleased to learn
      that everything our current and potential customers say they want (like
      online payments and modern branch locations) are initiatives we have
      implemented or currently have in progress. Our Net Promoter Score, which
      is a measure of how likely our customers are to recommend us to others,
      is 67.8, which is a very high score. This is higher than Apple with the
      iPad or Southwest Airlines. Net Promoter Scores are hard to change
      significantly in a short timeframe so we were particularly pleased to
      find that ours is so high. These results provide us with added
      confidence to build on our strong reputation to further strengthen our
      brand.
    </p>
    <p style="text-align: justify">
      <b>World Finance Brand:</b> Building on the concept of One World, we
      have continued to convert more of our branches to operating under the
      name of World Finance. This allows all marketing and materials to be
      under one name and apply across the company, so that we create one,
      strong, aligned team and company. Right now, 89% of our branches operate
      as World Finance. We just purchased the World Finance trademark in
      Oklahoma. This was the only state where we operate in which we did not
      own the trademark and thus the only area that prevented us from being
      &#8220;World Finance&#8221; in every branch. Now, we will begin the conversion of
      our branches in Oklahoma to World Finance, whenever we open a new branch
      or move a branch (the same strategy as for our continued name conversion
      of branches in other states operating under non-World Finance brand
      names).
    </p>
    <p style="text-align: justify">
      <u><b>GROWTH STRATEGIES</b></u>
    </p>
    <p style="text-align: justify">
      <b>Live Checks Program:</b> We have now launched this program in SC and
      MO, had our second campaign in TN, and are about to launch in TX. We
      plan to continue to expand this customer acquisition channel
      state-by-state.
    </p>
    <p style="text-align: justify">
      <b>Web Applications:</b> We are getting better at converting our website
      applications into loans &#8211; in July we had an all-time high conversion
      rate, which we are pleased about as the number of web applications we
      receive is also increasing significantly every single month. We believe
      the number of web applications will continue to be higher than FY2016
      throughout growth season, especially with the revised website
      LoansbyWorld.com, that was launched yesterday.
    </p>
    <p style="text-align: justify">
      <b>New Branches:</b> As we focus on improving efficiency in our current
      branches, we are opening fewer branches than in years past. We opened 4
      new branches in Q2 FY2017 and closed 6 branches and merged those
      accounts into existing branches (this is more openings and fewer
      closures than in Q1 FY2017).
    </p>
    <p style="text-align: justify">
      <b>Marketing:</b> We have improved our customer segmentation in order to
      provide the right mix of products to allow for maximizing response with
      appropriate associated acceptable risk (live checks, pre-approved,
      invitation to apply offers). We have worked with new printers to be able
      to provide a number of new creative materials and a shortened time from
      data analytics to mail drops.
    </p>
    <div style="margin-right: 0pt; width: 100%; margin-bottom: 10pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; text-align: right">
          2
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>UNDERWRITING STRATEGIES</b></u>
    </p>
    <p style="text-align: justify">
      <b>Pay-by-phone Program:</b> Having pay-by-phone available in our
      branches was our highest operational priority for Q2 (July-Sept.) of our
      fiscal year. This was so important because we know we have customers who
      do not want to come into branches to pay us, nor do they want to have
      the inconvenience of mailing in a check. Our first priority is to have
      very high customer satisfaction, so we knew we needed to make paying by
      phone an option for all our customers as quickly as possible. I am
      pleased to say that, having tested pay-by-phone centrally and across one
      state last quarter, we launched this program companywide on September 23<sup>rd</sup>.
      It is now available as a payment option in every one of our U.S.
      branches.
    </p>
    <p style="text-align: justify">
      <b>First-payment Extension Program:</b> We have launched first payment
      extension in every state as of October 3<sup>rd</sup>. Our customers in
      every state can now choose payment dates that align with the monthly
      date that they receive income. We believe this will improve our
      delinquencies as it helps our customers better manage their cash flow.
    </p>
    <p style="text-align: justify">
      <b>Collections Center Testing:</b> We are testing collection phone calls
      (just in our South Eastern Division for the test) from a dedicated
      call-team in Home Office to see if this increases payments and
      rehabilitates accounts versus carrying them out in a branch. It is early
      days, but the results so far are very good. Continued good results are
      expected to lead to us expanding the activities of this Center to cover
      all three divisions.
    </p>
    <p style="text-align: justify">
      <u><b>COST REDUCTION STRATEGIES</b></u>
    </p>
    <p style="text-align: justify">
      <b>Personnel Expense</b>, excluding the impact of reversals in the prior
      year, decreased $3.1MM, or 7.2%, compared to the same quarter of the
      prior year. The decrease is primarily due to a 9.2% decrease in
      headcount in the US since September 30, 2015, as well as a decrease in
      overtime expense of $400,000 compared to the same quarter of the prior
      year. Annual increases in salary and wages mitigated in part the cost
      savings from the headcount reduction.
    </p>
    <p style="text-align: justify">
      <b>Mileage Expense</b> in the branches decreased $600,000 during the
      quarter. While the reduction in mileage reimbursement and overtime costs
      can be in part attributed to our decisions to cease all field calls, we
      should make it clear that this decision was based on the current
      regulatory environment and not on gaining reduction in these expenses.
    </p>
    <p style="text-align: justify">
      <u><b>LEADERSHIP CHANGES</b></u>
    </p>
    <p style="text-align: justify">
      We continue to strengthen our field operations by hiring and promoting
      experienced leadership. We have appointed new VPOs for the states of
      Louisiana, Mississippi, and Indiana (all internal promotions), and a new
      VPO for New Mexico (an external candidate with significant experience in
      our industry segment).
    </p>
    <p style="text-align: justify">
      With the promotion of Clint Dyer to EVP of Branch Operations last
      quarter, we have now backfilled for the SVP of our South Eastern
      Division by promoting the VPO of Kentucky, and we have promoted a
      supervisor in Kentucky to the vacated VPO role there.
    </p>
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    <p>
      <u><b>MEXICO</b></u>
    </p>
    <p style="text-align: justify">
      Our Mexico business has had a very good quarter. Gross loans in Mexico
      increased 7.7% in US dollars. However, gross loans in Mexico increased
      23.0% in Mexican pesos. VIVA, our payroll-deductible business, continues
      to grow strongly, and our penetration in this business is fairly low.
      Therefore, we believe there continues to be a long runway for growth of
      this business. Avance, our traditional installment loan business in
      Mexico, has grown in Mexican Pesos by 3.6%, while accounts are
      essentially flat.
    </p>
    <p style="text-align: justify">
      <u><b>REGULATIONS</b></u>
    </p>
    <p style="text-align: justify">
      <b>Credit Reports:</b> We are now checking all new and refinancing
      customers through the military database due to new laws that require
      special products for military personnel and their dependents, which we
      do not provide. We have ceased lending to this customer segment. Since
      this segment represented less than a half of one percent of our total
      customer base, we do not expect this to have a material impact on our
      ledger or accounts.
    </p>
    <p style="text-align: justify">
      <b>New Department of Labor Law on overtime pay:</b> The new law
      requiring any employee earning over $47,476 base salary to receive
      overtime pay affects the majority of our branch managers. We have put in
      place new employment practices, including the use of part-time labor,
      which conforms to the new laws and we believe will not lead to an
      excessive increase in cost.
    </p>
    <p style="text-align: justify">
      <b>CFPB:</b> Regarding proposed regulations from the CFPB on small
      dollar lending, as the proposal stands at present, we believe that the
      effect on our business practices will be fairly limited, though we will
      not be able to determine that conclusively until the final new
      regulations come out.
    </p>
    <p style="text-align: justify">
      <b>So to summarize:</b>
    </p>
    <p style="text-align: justify">
      We are pleased that this year-to-date, we have increased our new
      customers and former customers returning to us at a faster rate than in
      FY2016, but much remains to be done in order to continue improving on
      all key metrics. We are confident that the many specific action steps we
      are taking will result in continued operational improvement, and we look
      forward to continued improved results.
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    <p style="text-align: justify">
      These prepared remarks may contain various &#8220;forward-looking statements&#8221;
      within the meaning of the Private Securities Litigation Reform Act of
      1995, that represent the Company&#8217;s expectations or beliefs concerning
      future events. Statements other than those of historical fact, as well
      as those identified by the words &#8220;anticipate,&#8221; &#8220;estimate,&#8221; &#8221;intend,&#8221;
      &#8220;plan,&#8221; &#8220;expect,&#8221; &#8221;project,&#8221; &#8220;believe,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;should,&#8221;
      &#8220;would,&#8221; &#8220;could&#8221; and any variation of the foregoing and similar
      expressions are forward-looking statements.&#160;&#160;Such forward-looking
      statements are about matters that are inherently subject to risks and
      uncertainties.&#160;&#160;Factors that could cause actual results or performance
      to differ from the expectations expressed or implied in such
      forward-looking statements include the following:&#160;&#160;recently enacted,
      proposed or future legislation and the manner in which it is
      implemented; the nature and scope of regulatory authority, particularly
      discretionary authority, that may be exercised by regulators, including,
      but not limited to, the Consumer Financial Protection Bureau (the
      &#8220;CFPB&#8221;), having jurisdiction over the Company&#8217;s business or consumer
      financial transactions generically; the unpredictable nature of
      regulatory proceedings and litigation; any determinations, findings,
      claims or actions made or taken by the CFPB, other regulators or third
      parties in connection with or resulting from the previously disclosed
      civil investigative demand (CID) or the notice and opportunity to
      respond and advise (NORA) letter from the CFPB that assert or establish
      that the Company&#8217;s lending practices or other aspects of its business
      violate applicable laws or regulations; the impact of changes in
      accounting rules and regulations, or their interpretation or
      application, which could materially and adversely affect the Company&#8217;s
      reported financial statements or necessitate material delays or changes
      in the issuance of the Company&#8217;s audited financial statements; the
      Company's assessment of its internal control over financial reporting,
      and the timing and effectiveness of the Company's efforts to remediate
      any reported material weakness in its internal control over financial
      reporting; changes in interest rates; risks related to expansion and
      foreign operations; risks inherent in making loans, including repayment
      risks and value of collateral; the timing and amount of revenues that
      may be recognized by the Company; changes in current revenue and expense
      trends (including trends affecting delinquencies and charge-offs); the
      potential impact of limitations in the Company&#8217;s amended revolving
      credit facility; and changes in the Company&#8217;s markets and general
      changes in the economy (particularly in the markets served by the
      Company). These and other factors are discussed in greater detail in
      Part I, Item 1A, &#8220;Risk Factors&#8221; in the Company&#8217;s most recent annual
      report on Form 10-K for the fiscal year ended March 31, 2016 filed with
      the Securities and Exchange Commission (&#8220;SEC&#8221;) and the Company&#8217;s other
      reports filed with, or furnished to, the SEC from time to time.&#160;&#160;World
      Acceptance Corporation does not undertake any obligation to update any
      forward-looking statements it makes.&#160;&#160;The Company is also not
      responsible for updating the information contained in this press release
      beyond the publication date, or for changes made to this document by
      wire services or Internet services.
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