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CONSUMER LOANS (Tables) | 9 Months Ended
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Sep. 30, 2023
CONSUMER LOANS |
Schedule of consumer loans, net of allowance for loan losses and deferred financing fees | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of September 30, |  | As of December 31,
​ | ​ | 2023 | ​ | 2022
Consumer loans receivable | ​ | $ | 154,524 | ​ | $ | 142,340
Loan discount and deferred financing fees | ​ |  | (2,479) | ​ |  | (2,501)
Allowance for loan losses | ​ |  | (788) | ​ |  | (830)
Consumer loans receivable, net | ​ | $ | 151,257 | ​ | $ | 139,009
Schedule of allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three months ended September 30, | ​ | Nine Months Ended September 30, | ​
​ | ​ | 2023 |  | 2022 | ​ | 2023 |  | 2022 |
Allowance for loan losses, beginning of period | ​ | $ | 867 | ​ | $ | 763 | ​ | $ | 830 | ​ | $ | 884 | ​
Provision for loan losses | ​ |  | (71) | ​ |  | 54 | ​ |  | (134) | ​ |  | (203) | ​
Charge offs (recoveries) | ​ |  | (8) | ​ |  | (13) | ​ |  | 92 | ​ |  | 123 | ​
Allowance for loan losses | ​ | $ | 788 | ​ | $ | 804 | ​ | $ | 788 | ​ | $ | 804 | ​
Schedule of impaired and general reserve for allowance for loan losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of September 30, |  | As of December 31,
​ | ​ | 2023 | ​ | 2022
Total consumer loans | ​ | $ | 154,524 | ​ | $ | 142,340
Allowance for loan losses | ​ | $ | 788 | ​ | $ | 830
Impaired loans individually evaluated for impairment | ​ | $ | 1,771 | ​ | $ | 1,610
Specific reserve against impaired loans | ​ | $ | 652 | ​ | $ | 612
Other loans collectively evaluated for allowance | ​ | $ | 152,753 | ​ | $ | 140,730
General allowance for loan losses | ​ | $ | 136 | ​ | $ | 218
Schedule of consumer loans receivable that are past due | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of September 30, |  | ​ |  | As of December 31, |  | ​
​ | ​ | 2023 | ​ | % | ​ | 2022 | ​ | %
Total consumer loans receivable | ​ | $ | 154,524 |  | 100.0 |  | $ | 142,340 |  | 100.0
Past due consumer loans: | ​ |  |  |  |  | ​ |  |  |  |
31 - 60 days past due | ​ | $ | 273 |  | 0.2 | ​ | $ | 1,150 |  | 0.8
61 - 90 days past due | ​ |  | 231 |  | 0.1 | ​ |  | 108 |  | 0.1
91 - 120 days past due | ​ |  | 240 |  | 0.2 | ​ |  | 486 |  | 0.3
Greater than 120 days past due | ​ |  | 1,422 |  | 0.9 | ​ |  | 1,255 |  | 0.9
Total past due | ​ | $ | 2,166 |  | 1.4 | ​ | $ | 2,999 |  | 2.1
​

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