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Note 3 - Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Three Months Ended June 30, 2025		CaaS				Auto Finance				Total
Revenue and other income:
Consumer loans, including past due fees		$	267,204			$	9,146			$	276,350
Fees and related income on earning assets			94,262				23				94,285
Other revenue			23,012				173				23,185
Total operating revenue and other income			384,478				9,342				393,820
Other non-operating income			6				337				343
Total revenue and other income			384,484				9,679				394,163
Interest expense			(53,162	)			(522	)			(53,684	)
Provision for credit losses			(189	)			(1,193	)			(1,382	)
Changes in fair value of loans			(216,777	)			—				(216,777	)
Net margin			114,356				7,964				122,320
Operating expenses:
Salaries and benefits			(12,133	)			(1,248	)			(13,381	)
Card and loan servicing			(30,764	)			(3,321	)			(34,085	)
Marketing and solicitation			(24,912	)			(37	)			(24,949	)
Depreciation			(866	)			(19	)			(885	)
Other			(7,685	)			(1,189	)			(8,874	)
Total operating expenses			(76,360	)			(5,814	)			(82,174	)
Income before income taxes		$	37,996			$	2,150			$	40,146

Six Months Ended June 30, 2025		CaaS				Auto Finance				Total
Revenue and other income:
Consumer loans, including past due fees		$	505,707			$	18,298			$	524,005
Fees and related income on earning assets			172,585				41				172,626
Other revenue			41,710				352				42,062
Total operating revenue and other income			720,002				18,691				738,693
Other non-operating income			13				623				636
Total revenue and other income			720,015				19,314				739,329
Interest expense			(100,146	)			(1,068	)			(101,214	)
Provision for credit losses			(214	)			(2,236	)			(2,450	)
Changes in fair value of loans			(395,122	)			—				(395,122	)
Net margin			224,533				16,010				240,543
Operating expenses:
Salaries and benefits			(26,419	)			(2,465	)			(28,884	)
Card and loan servicing			(59,621	)			(6,616	)			(66,237	)
Marketing and solicitation			(45,239	)			(44	)			(45,283	)
Depreciation			(1,644	)			(38	)			(1,682	)
Other			(15,219	)			(2,224	)			(17,443	)
Total operating expenses			(148,142	)			(11,387	)			(159,529	)
Income before income taxes		$	76,391			$	4,623			$	81,014
Total assets		$	3,555,841			$	87,334			$	3,643,175

Three Months Ended June 30, 2024		CaaS				Auto Finance				Total
Revenue and other income:
Consumer loans, including past due fees		$	232,014			$	10,335			$	242,349
Fees and related income on earning assets			59,484				22				59,506
Other revenue			13,582				204				13,786
Total operating revenue and other income			305,080				10,561				315,641
Other non-operating income			79				303				382
Total revenue and other income			305,159				10,864				316,023
Interest expense			(37,126	)			(822	)			(37,948	)
Provision for credit losses			—				(1,746	)			(1,746	)
Changes in fair value of loans			(186,251	)			—				(186,251	)
Net margin			81,782				8,296				90,078
Operating expenses:
Salaries and benefits			(10,890	)			(1,083	)			(11,973	)
Card and loan servicing			(24,212	)			(3,486	)			(27,698	)
Marketing and solicitation			(13,536	)			(36	)			(13,572	)
Depreciation			(635	)			(18	)			(653	)
Other			(6,329	)			(1,250	)			(7,579	)
Total operating expenses			(55,602	)			(5,873	)			(61,475	)
Income before income taxes		$	26,180			$	2,423			$	28,603

Six Months Ended June 30, 2024		CaaS				Auto Finance				Total
Revenue and other income:
Consumer loans, including past due fees		$	452,053			$	20,670			$	472,723
Fees and related income on earning assets			107,369				42				107,411
Other revenue			25,259				422				25,681
Total operating revenue and other income			584,681				21,134				605,815
Other non-operating income			361				553				914
Total revenue and other income			585,042				21,687				606,729
Interest expense			(71,362	)			(1,649	)			(73,011	)
Provision for credit losses			—				(4,690	)			(4,690	)
Changes in fair value of loans			(345,422	)			—				(345,422	)
Net margin			168,258				15,348				183,606
Operating expenses:
Salaries and benefits			(22,781	)			(2,504	)			(25,285	)
Card and loan servicing			(47,670	)			(6,850	)			(54,520	)
Marketing and solicitation			(23,932	)			(68	)			(24,000	)
Depreciation			(1,271	)			(36	)			(1,307	)
Other			(14,610	)			(2,460	)			(17,070	)
Total operating expenses			(110,264	)			(11,918	)			(122,182	)
Income before income taxes		$	57,994			$	3,430			$	61,424
Total assets		$	2,733,909			$	103,352			$	2,837,261

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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