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v3.23.3

Note 2 - Significant Accounting Policies and Consolidated Financial Statement Components (Tables) | 9 Months Ended
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Sep. 30, 2023
Notes Tables |
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block] |
For the Three Months Ended September 30, 2023 |  | Auto Finance |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |
Balance at beginning of period |  | $ | (1.7 | )
Provision for credit losses |  |  | (0.6 | )
Charge-offs |  |  | 1.0 |
Recoveries |  |  | (0.5 | )
Balance at end of period |  | $ | (1.8 | )
For the Nine Months Ended September 30, 2023 |  | Auto Finance |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |
Balance at beginning of period |  | $ | (1.6 | )
Provision for credit losses |  |  | (1.6 | )
Charge-offs |  |  | 2.8 |
Recoveries |  |  | (1.4 | )
Balance at end of period |  | $ | (1.8 | )
As of September 30, 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 |  | $ | (1.8 | )
Loans, interest and fees receivable: |  |  |  |
Loans, interest and fees receivable, gross |  | $ | 118.0 |
Loans, interest and fees receivable individually evaluated for impairment |  | $ | — |
Loans, interest and fees receivable collectively evaluated for impairment |  | $ | 118.0 |
For the Three Months Ended September 30, 2022 | Credit Cards |  | Auto Finance |  | Other Unsecured Lending Products |  | Total |
Allowance for uncollectible loans, interest and fees receivable: |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period | $ | — |  | $ | (1.6 | ) | $ | — |  | $ | (1.6 | )
Provision for credit losses |  | — |  |  | (0.4 | ) |  | — |  |  | (0.4 | )
Charge-offs |  | — |  |  | 0.6 |  |  | — |  |  | 0.6 |
Recoveries |  | — |  |  | (0.4 | ) |  | — |  |  | (0.4 | )
Balance at end of period | $ | — |  | $ | (1.8 | ) | $ | — |  | $ | (1.8 | )
For the Nine Months Ended September 30, 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 |  |  | — |  |  |  | (0.7 | ) |  |  | — |  |  |  | (0.7 | )
Charge-offs |  |  | — |  |  |  | 1.4 |  |  |  | — |  |  |  | 1.4 |
Recoveries |  |  | — |  |  |  | (0.9 | ) |  |  | — |  |  |  | (0.9 | )
Balance at end of period |  | $ | — |  |  | $ | (1.8 | ) |  | $ | — |  |  | $ | (1.8 | )
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 September 30, 2023 |  | Auto Finance |
30-59 days past due |  | $ | 8.6 |
60-89 days past due |  |  | 3.3 |
90 or more days past due |  |  | 2.6 |
Delinquent loans, interest and fees receivable, gross |  |  | 14.5 |
Current loans, interest and fees receivable, gross |  |  | 103.5 |
Total loans, interest and fees receivable, gross |  | $ | 118.0 |
Balance of loans greater than 90-days delinquent still accruing interest and fees |  | $ | 2.0 |
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 |
|  | September 30, 2022 |
|  | Private label credit |  |  | General purpose credit card |
Number of accounts |  |  | 5,738 |  |  |  | 20,656 |
Loan balance at time of charge off (in thousands) |  | $ | 9,043 |  |  | $ | 16,490 |
Disaggregation of Revenue [Table Text Block] |
For the Three Months Ended September 30, 2023 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 5,790 |  |  | $ | — |  |  | $ | 5,790 |
Servicing income |  |  | 943 |  |  |  | 179 |  |  |  | 1,122 |
Service charges and other customer related fees |  |  | 3,447 |  |  |  | 19 |  |  |  | 3,466 |
Total revenue from contracts with customers |  | $ | 10,180 |  |  | $ | 198 |  |  | $ | 10,378 |
For the Nine Months Ended September 30, 2023 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 15,409 |  |  | $ | — |  |  | $ | 15,409 |
Servicing income |  |  | 2,284 |  |  |  | 559 |  |  |  | 2,843 |
Service charges and other customer related fees |  |  | 6,829 |  |  |  | 56 |  |  |  | 6,885 |
Total revenue from contracts with customers |  | $ | 24,522 |  |  | $ | 615 |  |  | $ | 25,137 |
For the Three Months Ended September 30, 2022 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 6,194 |  |  | $ | — |  |  | $ | 6,194 |
Servicing income |  |  | 879 |  |  |  | 215 |  |  |  | 1,094 |
Service charges and other customer related fees |  |  | 4,030 |  |  |  | 22 |  |  |  | 4,052 |
Total revenue from contracts with customers |  | $ | 11,103 |  |  | $ | 237 |  |  | $ | 11,340 |
For the Nine Months Ended September 30, 2022 |  | CaaS |  |  | Auto Finance |  |  | Total |
Interchange revenues, net (1) |  | $ | 19,273 |  |  | $ | — |  |  | $ | 19,273 |
Servicing income |  |  | 2,513 |  |  |  | 692 |  |  |  | 3,205 |
Service charges and other customer related fees |  |  | 11,484 |  |  |  | 54 |  |  |  | 11,538 |
Total revenue from contracts with customers |  | $ | 33,270 |  |  | $ | 746 |  |  | $ | 34,016 |

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