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CONSUMER LOANS (Tables) | 9 Months Ended
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Sep. 30, 2022
CONSUMER LOANS |
Schedule of consumer loans, net of allowance for loan losses and deferred financing fees | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of September 30, |  | As of December 31,
​ | ​ | 2022 | ​ | 2021
Consumer loans receivable | ​ | $ | 137,752 | ​ | $ | 129,119
Loan discount and deferred financing fees | ​ |  | (2,498) | ​ |  | (2,612)
Allowance for loan losses | ​ |  | (804) | ​ |  | (884)
Consumer loans receivable, net | ​ | $ | 134,450 | ​ | $ | 125,623
Schedule of allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended September 30, | ​ | Nine Months Ended September 30, | ​
​ | ​ | 2022 |  | 2021 | ​ | 2022 |  | 2021 |
Allowance for loan losses, beginning of period | ​ | $ | 763 | ​ | $ | 814 | ​ | $ | 884 | ​ | $ | 905 | ​
Provision for loan losses | ​ |  | 54 | ​ |  | 27 | ​ |  | (203) | ​ |  | 586 | ​
Charge offs (recoveries) | ​ |  | (13) | ​ |  | (39) | ​ |  | 123 | ​ |  | (689) | ​
Allowance for loan losses | ​ | $ | 804 | ​ | $ | 802 | ​ | $ | 804 | ​ | $ | 802 | ​
Schedule of impaired and general reserve for allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of September 30, |  | As of December 31,
​ | ​ | 2022 | ​ | 2021
Total consumer loans | ​ | $ | 137,752 | ​ | $ | 129,119
Allowance for loan losses | ​ | $ | 804 | ​ | $ | 884
Impaired loans individually evaluated for impairment | ​ | $ | 1,350 | ​ | $ | 1,239
Specific reserve against impaired loans | ​ | $ | 548 | ​ | $ | 533
Other loans collectively evaluated for allowance | ​ | $ | 136,402 | ​ | $ | 127,880
General allowance for loan losses | ​ | $ | 256 | ​ | $ | 351
Schedule of consumer loans receivable that are past due | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of September 30, |  | ​ |  | As of December 31, |  | ​
​ | ​ | 2022 | ​ | % | ​ | 2021 | ​ | %
Total consumer loans receivable | ​ | $ | 137,752 |  | 100.0 |  | $ | 129,119 |  | 100.0
Past due consumer loans: | ​ |  |  |  |  | ​ |  |  |  |
31 - 60 days past due | ​ | $ | 744 |  | 0.5 | ​ | $ | 594 |  | 0.5
61 - 90 days past due | ​ |  | 106 |  | 0.1 | ​ |  | 407 |  | 0.3
91 - 120 days past due | ​ |  | 204 |  | 0.1 | ​ |  | 114 |  | 0.1
Greater than 120 days past due | ​ |  | 1,147 |  | 0.8 | ​ |  | 967 |  | 0.7
Total past due | ​ | $ | 2,201 |  | 1.6 | ​ | $ | 2,082 |  | 1.6

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