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Finance Receivables (Tables) | 12 Months Ended
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Dec. 31, 2023
Finance Receivables |
Schedule of finance receivables |
Schedule of finance receivables |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Finance receivables |  | (In thousands) |
Automobile finance receivables, net of unearned interest |  | $ | 27,553 |  |  | $ | 92,304 |
Unearned acquisition fees, discounts and deferred origination costs, net |  |  | – |  |  |  | – |
Finance receivables |  | $ | 27,553 |  |  | $ | 92,304 |
Schedule of delinquency status of finance receivables |
Schedule of delinquency status of finance receivables |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Delinquency Status |  | (In thousands) |
Current |  | $ | 17,771 |  |  | $ | 65,764 |
31-60 days |  |  | 5,626 |  |  |  | 16,796 |
61-90 days |  |  | 3,087 |  |  |  | 7,756 |
91 + days |  |  | 1,069 |  |  |  | 1,988 |
|  | $ | 27,553 |  |  | $ | 92,304 |
Schedule of amortized cost basis of finance receivables |
Schedule of amortized cost basis of finance receivables |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Annual Vintage Pool |  | (In thousands) |
2014 and prior |  | $ | 370 |  |  | $ | 1,865 |
2015 |  |  | 1,788 |  |  |  | 8,627 |
2016 |  |  | 7,673 |  |  |  | 28,632 |
2017 |  |  | 17,722 |  |  |  | 53,180 |
|  | $ | 27,553 |  |  | $ | 92,304 |
Schedule of allowance for finance credit losses |
Schedule of allowance for finance credit losses |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
|  | (In thousands) |
Balance at beginning of period |  | $ | 21,753 |  |  | $ | 56,206 |  |  | $ | 80,790 |
Provision for credit losses on finance receivables |  |  | (22,300 | ) |  |  | (28,100 | ) |  |  | (14,590 | )
Charge-offs |  |  | (8,064 | ) |  |  | (18,319 | ) |  |  | (30,940 | )
Recoveries |  |  | 11,480 |  |  |  | 11,966 |  |  |  | 20,946 |
Balance at end of period |  | $ | 2,869 |  |  | $ | 21,753 |  |  | $ | 56,206 |
Schedule of charge-offs for financed receivables |
Schedule of charge-offs for financed receivables |  |  |  |  |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Annual Vintage Pool |  | (In thousands) |
2014 and prior |  | $ | 325 |  |  | $ | 963 |  |  | $ | 3,640 |
2015 |  |  | 1,031 |  |  |  | 3,047 |  |  |  | 9,816 |
2016 |  |  | 3,266 |  |  |  | 6,586 |  |  |  | 13,330 |
2017 |  |  | 4,294 |  |  |  | 8,271 |  |  |  | 14,073 |
Applied against repos in inventory (net) |  |  | (852 | ) |  |  | (548 | ) |  |  | (9,919 | )
|  | $ | 8,064 |  |  | $ | 18,319 |  |  | $ | 30,940 |
Schedule of allowance for losses on repossessed inventory |
Schedule of allowance for losses on repossessed inventory |  |  |  |  |  |  |  |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | (In thousands) |
Gross balance of repossessions in inventory |  | $ | 597 |  |  | $ | 1,894 |
Allowance for losses on repossessed inventory |  |  | (472 | ) |  |  | (1,323 | )
Net repossessed inventory included in other assets |  | $ | 125 |  |  | $ | 571 |

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