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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue        
Interest and fee income $ 34,920 $ 28,175 $ 68,966 $ 55,244
Insurance income, net 2,973 2,680 5,906 5,316
Other income 1,490 1,161 3,080 2,996
Total revenue 39,383 32,016 77,952 63,556
Expenses        
Provision for credit losses 8,405 5,908 16,476 11,535
General and administrative expenses        
Personnel 9,787 8,273 19,820 16,270
Occupancy 2,697 2,086 5,213 3,980
Advertising 1,347 632 1,852 1,225
Other 3,341 2,268 6,707 4,576
Consulting and advisory fees 0 0 0 1,451
Interest expense        
Senior revolving credit facility and other debt 3,241 2,341 6,322 4,851
Mezzanine debt-related parties 0 0 0 1,030
Total interest expense 3,241 2,341 6,322 5,881
Total expenses 28,818 21,508 56,390 44,918
Income before income taxes 10,565 10,508 21,562 18,638
Income taxes 3,909 3,888 7,978 6,896
Net income $ 6,656 $ 6,620 $ 13,584 $ 11,742
Net income per common share:        
Basic $ 0.53 $ 0.53 $ 1.08 $ 1.08
Diluted $ 0.52 $ 0.52 $ 1.06 $ 1.05
Weighted average common shares outstanding:        
Basic 12,584,942 12,452,112 12,543,888 10,894,419
Diluted 12,881,117 12,735,088 12,831,040 11,175,792