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Finance Receivables, Credit Quality Information, and Allowance for Credit Losses (Tables) | 12 Months Ended
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Dec. 31, 2016
Receivables [Abstract] |
Summary of Finance Receivables | Finance receivables for the periods indicated consisted of the following:
|  | December 31, |
In thousands |  | 2016 |  |  | 2015 |
Small loans |  | $ | 358,471 |  |  | $ | 338,157 |
Large loans |  |  | 235,349 |  |  |  | 146,553 |
Automobile loans |  |  | 90,432 |  |  |  | 116,109 |
Retail loans |  |  | 33,523 |  |  |  | 27,625 |
Finance receivables |  | $ | 717,775 |  |  | $ | 628,444 |
Contractual Delinquency of the Finance Receivable Portfolio by Component | The contractual delinquency of the finance receivable portfolio by product and aging for the periods indicated are as follows:
|  | December 31, 2016 |
|  | Small |  |  | Large |  |  | Automobile |  |  | Retail |  |  | Total |
In thousands |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |
Current |  | $ | 288,983 |  |  |  | 80.6 | % |  | $ | 204,063 |  |  |  | 86.8 | % |  | $ | 66,936 |  |  |  | 74.0 | % |  | $ | 27,220 |  |  |  | 81.2 | % |  | $ | 587,202 |  |  |  | 81.9 | %
1 to 29 days past due |  |  | 36,533 |  |  |  | 10.2 | % |  |  | 19,172 |  |  |  | 8.1 | % |  |  | 17,196 |  |  |  | 19.0 | % |  |  | 4,205 |  |  |  | 12.5 | % |  |  | 77,106 |  |  |  | 10.7 | %
Delinquent accounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
30 to 59 days |  |  | 9,408 |  |  |  | 2.6 | % |  |  | 3,948 |  |  |  | 1.7 | % |  |  | 2,654 |  |  |  | 3.0 | % |  |  | 717 |  |  |  | 2.2 | % |  |  | 16,727 |  |  |  | 2.3 | %
60 to 89 days |  |  | 7,110 |  |  |  | 2.0 | % |  |  | 2,920 |  |  |  | 1.2 | % |  |  | 1,171 |  |  |  | 1.3 | % |  |  | 440 |  |  |  | 1.3 | % |  |  | 11,641 |  |  |  | 1.6 | %
90 to 119 days |  |  | 6,264 |  |  |  | 1.8 | % |  |  | 2,271 |  |  |  | 1.0 | % |  |  | 1,110 |  |  |  | 1.2 | % |  |  | 376 |  |  |  | 1.1 | % |  |  | 10,021 |  |  |  | 1.4 | %
120 to 149 days |  |  | 5,424 |  |  |  | 1.5 | % |  |  | 1,710 |  |  |  | 0.7 | % |  |  | 743 |  |  |  | 0.8 | % |  |  | 328 |  |  |  | 1.0 | % |  |  | 8,205 |  |  |  | 1.1 | %
150 to 179 days |  |  | 4,749 |  |  |  | 1.3 | % |  |  | 1,265 |  |  |  | 0.5 | % |  |  | 622 |  |  |  | 0.7 | % |  |  | 237 |  |  |  | 0.7 | % |  |  | 6,873 |  |  |  | 1.0 | %
Total delinquency |  | $ | 32,955 |  |  |  | 9.2 | % |  | $ | 12,114 |  |  |  | 5.1 | % |  | $ | 6,300 |  |  |  | 7.0 | % |  | $ | 2,098 |  |  |  | 6.3 | % |  | $ | 53,467 |  |  |  | 7.4 | %
Total finance receivables |  | $ | 358,471 |  |  |  | 100.0 | % |  | $ | 235,349 |  |  |  | 100.0 | % |  | $ | 90,432 |  |  |  | 100.0 | % |  | $ | 33,523 |  |  |  | 100.0 | % |  | $ | 717,775 |  |  |  | 100.0 | %
Finance receivables in nonaccrual status |  | $ | 16,437 |  |  |  | 4.6 | % |  | $ | 5,246 |  |  |  | 2.2 | % |  | $ | 2,475 |  |  |  | 2.7 | % |  | $ | 941 |  |  |  | 2.8 | % |  | $ | 25,099 |  |  |  | 3.5 | %
|  | December 31, 2015 |
|  | Small |  |  | Large |  |  | Automobile |  |  | Retail |  |  | Total |
In thousands |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |  |  | $ |  |  | % |
Current |  | $ | 270,635 |  |  |  | 80.1 | % |  | $ | 127,374 |  |  |  | 86.9 | % |  | $ | 79,878 |  |  |  | 68.8 | % |  | $ | 22,704 |  |  |  | 82.2 | % |  | $ | 500,591 |  |  |  | 79.7 | %
1 to 29 days past due |  |  | 37,337 |  |  |  | 11.0 | % |  |  | 14,234 |  |  |  | 9.7 | % |  |  | 27,518 |  |  |  | 23.7 | % |  |  | 3,500 |  |  |  | 12.7 | % |  |  | 82,589 |  |  |  | 13.1 | %
Delinquent accounts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
30 to 59 days |  |  | 8,841 |  |  |  | 2.6 | % |  |  | 2,157 |  |  |  | 1.5 | % |  |  | 4,119 |  |  |  | 3.5 | % |  |  | 537 |  |  |  | 1.9 | % |  |  | 15,654 |  |  |  | 2.5 | %
60 to 89 days |  |  | 6,430 |  |  |  | 1.9 | % |  |  | 1,153 |  |  |  | 0.8 | % |  |  | 1,959 |  |  |  | 1.7 | % |  |  | 316 |  |  |  | 1.1 | % |  |  | 9,858 |  |  |  | 1.6 | %
90 to 119 days |  |  | 5,620 |  |  |  | 1.6 | % |  |  | 682 |  |  |  | 0.4 | % |  |  | 1,147 |  |  |  | 1.0 | % |  |  | 247 |  |  |  | 1.0 | % |  |  | 7,696 |  |  |  | 1.1 | %
120 to 149 days |  |  | 4,928 |  |  |  | 1.5 | % |  |  | 574 |  |  |  | 0.4 | % |  |  | 1,003 |  |  |  | 0.9 | % |  |  | 173 |  |  |  | 0.6 | % |  |  | 6,678 |  |  |  | 1.1 | %
150 to 179 days |  |  | 4,366 |  |  |  | 1.3 | % |  |  | 379 |  |  |  | 0.3 | % |  |  | 485 |  |  |  | 0.4 | % |  |  | 148 |  |  |  | 0.5 | % |  |  | 5,378 |  |  |  | 0.9 | %
Total delinquency |  | $ | 30,185 |  |  |  | 8.9 | % |  | $ | 4,945 |  |  |  | 3.4 | % |  | $ | 8,713 |  |  |  | 7.5 | % |  | $ | 1,421 |  |  |  | 5.1 | % |  | $ | 45,264 |  |  |  | 7.2 | %
Total finance receivables |  | $ | 338,157 |  |  |  | 100.0 | % |  | $ | 146,553 |  |  |  | 100.0 | % |  | $ | 116,109 |  |  |  | 100.0 | % |  | $ | 27,625 |  |  |  | 100.0 | % |  | $ | 628,444 |  |  |  | 100.0 | %
Finance receivables in nonaccrual status |  | $ | 14,914 |  |  |  | 4.4 | % |  | $ | 1,635 |  |  |  | 1.1 | % |  | $ | 2,635 |  |  |  | 2.3 | % |  | $ | 568 |  |  |  | 2.1 | % |  | $ | 19,752 |  |  |  | 3.1 | %
Summary of Changes in Allowance for Credit Losses | Changes in the allowance for credit losses for the periods indicated are as follows:
|  | December 31, |
In thousands |  | 2016 |  |  | 2015 |  |  | 2014 |
Balance at beginning of year |  | $ | 37,452 |  |  | $ | 40,511 |  |  | $ | 30,089 |
Provision for credit losses |  |  | 63,014 |  |  |  | 47,348 |  |  |  | 69,057 |
Credit losses |  |  | (64,064 | ) |  |  | (55,043 | ) |  |  | (58,236 | )
Credit losses (180+ policy change) |  |  | — |  |  |  | — |  |  |  | (2,106 | )
Recoveries |  |  | 4,848 |  |  |  | 4,636 |  |  |  | 1,707 |
Balance at end of year |  | $ | 41,250 |  |  | $ | 37,452 |  |  | $ | 40,511 |
Reconciliation of Allowance for Credit Losses | The following is a reconciliation of the allowance for credit losses by product for the periods indicated:
In thousands |  | Balance January 1, 2016 |  |  | Provision |  |  | Credit Losses |  |  | Recoveries |  |  | Balance December 31, 2016 |  |  | Finance Receivables December 31, 2016 |  |  | Allowance as Percentage of Finance Receivable December 31, 2016 |
Small loans |  | $ | 21,535 |  |  | $ | 41,119 |  |  | $ | (43,797 | ) |  | $ | 2,913 |  |  | $ | 21,770 |  |  | $ | 358,471 |  |  |  | 6.1 | %
Large loans |  |  | 5,593 |  |  |  | 14,261 |  |  |  | (8,946 | ) |  |  | 552 |  |  |  | 11,460 |  |  |  | 235,349 |  |  |  | 4.9 | %
Automobile loans |  |  | 8,828 |  |  |  | 4,785 |  |  |  | (8,886 | ) |  |  | 1,183 |  |  |  | 5,910 |  |  |  | 90,432 |  |  |  | 6.5 | %
Retail loans |  |  | 1,496 |  |  |  | 2,849 |  |  |  | (2,435 | ) |  |  | 200 |  |  |  | 2,110 |  |  |  | 33,523 |  |  |  | 6.3 | %
Total |  | $ | 37,452 |  |  | $ | 63,014 |  |  | $ | (64,064 | ) |  | $ | 4,848 |  |  | $ | 41,250 |  |  | $ | 717,775 |  |  |  | 5.7 | %
In thousands |  | Balance January 1, 2015 |  |  | Provision |  |  | Credit Losses |  |  | Recoveries |  |  | Balance December 31, 2015 |  |  | Finance Receivables December 31, 2015 |  |  | Allowance as Percentage of Finance Receivable December 31, 2015 |
Small loans |  | $ | 25,280 |  |  | $ | 33,428 |  |  | $ | (40,059 | ) |  | $ | 2,886 |  |  | $ | 21,535 |  |  | $ | 338,157 |  |  |  | 6.4 | %
Large loans |  |  | 1,980 |  |  |  | 6,032 |  |  |  | (2,762 | ) |  |  | 343 |  |  |  | 5,593 |  |  |  | 146,553 |  |  |  | 3.8 | %
Automobile loans |  |  | 11,776 |  |  |  | 6,285 |  |  |  | (10,466 | ) |  |  | 1,233 |  |  |  | 8,828 |  |  |  | 116,109 |  |  |  | 7.6 | %
Retail loans |  |  | 1,475 |  |  |  | 1,603 |  |  |  | (1,756 | ) |  |  | 174 |  |  |  | 1,496 |  |  |  | 27,625 |  |  |  | 5.4 | %
Total |  | $ | 40,511 |  |  | $ | 47,348 |  |  | $ | (55,043 | ) |  | $ | 4,636 |  |  | $ | 37,452 |  |  | $ | 628,444 |  |  |  | 6.0 | %
In thousands |  | Balance January 1, 2014 |  |  | Provision |  |  | Credit Losses |  |  | Credit Losses (180+ Policy Change) |  |  | Recoveries |  |  | Balance December 31, 2014 |  |  | Finance Receivables December 31, 2014 |  |  | Allowance as Percentage of Finance Receivable December 31, 2014 |
Small loans |  | $ | 15,370 |  |  | $ | 50,755 |  |  | $ | (40,697 | ) |  | $ | (1,132 | ) |  | $ | 984 |  |  | $ | 25,280 |  |  | $ | 319,533 |  |  |  | 7.9 | %
Large loans |  |  | 2,233 |  |  |  | 1,985 |  |  |  | (2,334 | ) |  |  | (203 | ) |  |  | 299 |  |  |  | 1,980 |  |  |  | 46,147 |  |  |  | 4.3 | %
Automobile loans |  |  | 10,827 |  |  |  | 14,259 |  |  |  | (12,939 | ) |  |  | (688 | ) |  |  | 317 |  |  |  | 11,776 |  |  |  | 154,382 |  |  |  | 7.6 | %
Retail loans |  |  | 1,659 |  |  |  | 2,058 |  |  |  | (2,266 | ) |  |  | (83 | ) |  |  | 107 |  |  |  | 1,475 |  |  |  | 26,130 |  |  |  | 5.6 | %
Total |  | $ | 30,089 |  |  | $ | 69,057 |  |  | $ | (58,236 | ) |  | $ | (2,106 | ) |  | $ | 1,707 |  |  | $ | 40,511 |  |  | $ | 546,192 |  |  |  | 7.4 | %
Summary of Finance Receivables Evaluated for Impairment | The following is a summary of finance receivables evaluated for impairment for the periods indicated:
|  | December 31, 2016 |
In thousands |  | Small |  |  | Large |  |  | Automobile |  |  | Retail |  |  | Total |
Impaired receivables specifically evaluated |  | $ | 2,409 |  |  | $ | 6,441 |  |  | $ | 2,460 |  |  | $ | 101 |  |  | $ | 11,411 |
Finance receivables evaluated collectively |  |  | 356,062 |  |  |  | 228,908 |  |  |  | 87,972 |  |  |  | 33,422 |  |  |  | 706,364 |
Finance receivables outstanding |  | $ | 358,471 |  |  | $ | 235,349 |  |  | $ | 90,432 |  |  | $ | 33,523 |  |  | $ | 717,775 |
Impaired receivables in nonaccrual status |  | $ | 288 |  |  | $ | 610 |  |  | $ | 175 |  |  | $ | 7 |  |  | $ | 1,080 |
Amount of the specific reserve for impaired accounts |  | $ | 563 |  |  | $ | 1,216 |  |  | $ | 576 |  |  | $ | 19 |  |  | $ | 2,374 |
Amount of the general component of the allowance |  | $ | 21,207 |  |  | $ | 10,244 |  |  | $ | 5,334 |  |  | $ | 2,091 |  |  | $ | 38,876 |
|  | December 31, 2015 |
In thousands |  | Small |  |  | Large |  |  | Automobile |  |  | Retail |  |  | Total |
Impaired receivables specifically evaluated |  | $ | 1,009 |  |  | $ | 2,760 |  |  | $ | 3,370 |  |  | $ | 121 |  |  | $ | 7,260 |
Finance receivables evaluated collectively |  |  | 337,148 |  |  |  | 143,793 |  |  |  | 112,739 |  |  |  | 27,504 |  |  |  | 621,184 |
Finance receivables outstanding |  | $ | 338,157 |  |  | $ | 146,553 |  |  | $ | 116,109 |  |  | $ | 27,625 |  |  | $ | 628,444 |
Impaired receivables in nonaccrual status |  | $ | 204 |  |  | $ | 83 |  |  | $ | 415 |  |  | $ | 17 |  |  | $ | 719 |
Amount of the specific reserve for impaired accounts |  | $ | 266 |  |  | $ | 560 |  |  | $ | 862 |  |  | $ | 20 |  |  | $ | 1,708 |
Amount of the general component of the allowance |  | $ | 21,269 |  |  | $ | 5,033 |  |  | $ | 7,966 |  |  | $ | 1,476 |  |  | $ | 35,744 |
Schedule of Average Recorded Investment in Impaired Finance Receivables | Average recorded investment in impaired finance receivables for the periods indicated are as follows:
|  | December 31, |
In thousands |  | 2016 |  |  | 2015 |
Small loans |  | $ | 1,686 |  |  | $ | 1,100 |
Large loans |  |  | 4,478 |  |  |  | 1,523 |
Automobile loans |  |  | 2,801 |  |  |  | 3,571 |
Retail loans |  |  | 114 |  |  |  | 128 |
Total average recorded investment |  | $ | 9,079 |  |  | $ | 6,322 |

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