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v3.23.1

Note 2 - Significant Accounting Policies and Consolidated Financial Statement Components (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Notes Tables |
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block] |
For the Three Months Ended March 31, 2023 |  | Auto Finance |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |
Balance at beginning of period |  | $ | (1.6 | )
Provision for credit losses |  |  | (0.7 | )
Charge-offs |  |  | 1.0 |
Recoveries |  |  | (0.4 | )
Balance at end of period |  | $ | (1.7 | )
As of March 31, 2023 |  | Auto Finance |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |
Balance at end of period individually evaluated for impairment |  | $ | — |
Balance at end of period collectively evaluated for impairment |  | $ | (1.7 | )
Loans, interest and fees receivable: |  |  |  |
Loans, interest and fees receivable, gross |  | $ | 113.4 |
Loans, interest and fees receivable individually evaluated for impairment |  | $ | — |
Loans, interest and fees receivable collectively evaluated for impairment |  | $ | 113.4 |
For the Three Months Ended March 31, 2022 |  | Credit Cards |  |  | Auto Finance |  |  | Other Unsecured Lending Products |  |  | Total |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (43.4 | ) |  | $ | (1.4 | ) |  | $ | (12.4 | ) |  | $ | (57.2 | )
Cumulative effects from adoption of fair value under the CECL standard |  |  | 43.4 |  |  |  | — |  |  |  | 12.4 |  |  |  | 55.8 |
Cumulative effects from adoption of the CECL standard |  |  | — |  |  |  | (0.2 | ) |  |  | — |  |  |  | (0.2 | )
Provision for credit losses |  |  | — |  |  |  | (0.1 | ) |  |  | — |  |  |  | (0.1 | )
Charge-offs |  |  | — |  |  |  | 0.4 |  |  |  | — |  |  |  | 0.4 |
Recoveries |  |  | — |  |  |  | (0.3 | ) |  |  | — |  |  |  | (0.3 | )
Balance at end of period |  | $ | — |  |  | $ | (1.6 | ) |  | $ | — |  |  | $ | (1.6 | )
As of December 31, 2022 |  | Auto Finance |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |
Balance at end of period individually evaluated for impairment |  | $ | — |
Balance at end of period collectively evaluated for impairment |  | $ | (1.6 | )
Loans, interest and fees receivable: |  |  |  |
Loans, interest and fees receivable, gross |  | $ | 105.3 |
Loans, interest and fees receivable individually evaluated for impairment |  | $ | — |
Loans, interest and fees receivable collectively evaluated for impairment |  | $ | 105.3 |
Financing Receivable, Past Due [Table Text Block] |
As of March 31, 2023 |  | Auto Finance |
30-59 days past due |  | $ | 6.1 |
60-89 days past due |  |  | 2.0 |
90 or more days past due |  |  | 1.9 |
Delinquent loans, interest and fees receivable, gross |  |  | 10.0 |
Current loans, interest and fees receivable, gross |  |  | 103.4 |
Total loans, interest and fees receivable, gross |  | $ | 113.4 |
Balance of loans greater than 90-days delinquent still accruing interest and fees |  | $ | 1.5 |
As of December 31, 2022 |  | Auto Finance |
30-59 days past due |  | $ | 8.5 |
60-89 days past due |  |  | 3.0 |
90 or more days past due |  |  | 2.1 |
Delinquent loans, interest and fees receivable, gross |  |  | 13.6 |
Current loans, interest and fees receivable, gross |  |  | 91.7 |
Total loans, interest and fees receivable, gross |  | $ | 105.3 |
Balance of loans greater than 90-days delinquent still accruing interest and fees |  | $ | 1.7 |
Financing Receivable, Modified [Table Text Block] |
|  | As of |
|  | December 31, 2022 |
|  | Private label credit |  |  | General purpose credit card |
Number of TDRs |  |  | 24,594 |  |  |  | 171,729 |
Number of TDRs that have been re-aged |  |  | 2,499 |  |  |  | 28,598 |
Amount of TDRs on non-accrual status (in thousands) |  | $ | 31,350 |  |  | $ | 119,785 |
Amount of TDRs on non-accrual status above that have been re-aged (in thousands) |  | $ | 4,606 |  |  | $ | 24,440 |
Carrying value of TDRs (in thousands) |  | $ | 18,827 |  |  | $ | 70,519 |
TDRs - Performing (carrying value, in thousands)* |  | $ | 15,001 |  |  | $ | 59,735 |
TDRs - Nonperforming (carrying value, in thousands)* |  | $ | 3,826 |  |  | $ | 10,784 |
|  | Twelve Months Ended |
|  | March 31, 2022 |
|  | Private label credit |  |  | General purpose credit card |
Number of accounts |  |  | 3,853 |  |  |  | 10,487 |
Loan balance at time of charge off (in thousands) |  | $ | 5,897 |  |  | $ | 8,721 |
Disaggregation of Revenue [Table Text Block] |
For the Three Months Ended March 31, 2023 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 4,616 |  |  | $ | — |  |  | $ | 4,616 |
Servicing income |  |  | 705 |  |  |  | 191 |  |  |  | 896 |
Service charges and other customer related fees |  |  | 1,393 |  |  |  | 19 |  |  |  | 1,412 |
Total revenue from contracts with customers |  | $ | 6,714 |  |  | $ | 210 |  |  | $ | 6,924 |
For the Three Months Ended March 31, 2022 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 5,698 |  |  | $ | — |  |  | $ | 5,698 |
Servicing income |  |  | 830 |  |  |  | 252 |  |  |  | 1,082 |
Service charges and other customer related fees |  |  | 3,470 |  |  |  | 16 |  |  |  | 3,486 |
Total revenue from contracts with customers |  | $ | 9,998 |  |  | $ | 268 |  |  | $ | 10,266 |

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