Financial Highlights
Financial Highlights
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Balance Sheet ($000)
Cash and Cash Equivalents 135,379 60,968 41,484 76,052 51,033
Loans Held for Investment, Net of Reserves 725,959 424,542 305,081 239,431 168,655
Net Loans & Leases 725,959 424,542 305,081 239,431 168,655
Total Assets 936,266 582,608 425,613 362,547 280,729
Debt and Banking Deposits 799,479 498,720 336,871 254,233 195,753
Equity Attributable to Parent Company 906 (21,791) (36,033) 5,787 10,959
Total Equity 335 (22,129) (36,127) 5,777 10,951
Total Debt/ Total Equity(x) NM NM NM 44.01 17.88
Debt plus Rdm Pfd/ Equity(x) NM NM NM 44.01 17.88
Total Equity/ Total Assets(%) 0.04 (3.80) (8.49) 1.59 3.90
Income Statement & Profitability ($000)
Net Interest Income 210,488 124,272 87,007 68,415 51,587
Financial Revenue 283,525 156,265 115,768 114,064 151,431
Revenue 406,555 196,085 117,187 115,535 151,984
Interest Expense 50,730 36,896 27,700 20,207 18,330
Provision for Loan Losses 248,383 100,338 77,612 53,721 26,608
Total Expense 374,792 192,603 164,437 127,891 148,449
Net Income before Taxes 31,763 3,482 (47,250) (12,356) 3,535
Net Income 26,210 7,612 (40,872) (6,341) 1,706
Net Income Attributable to Parent 26,443 7,856 (40,781) (6,335) 1,713
ROAA(%) 3.62 1.64 (10.26) (2.05) 0.64
ROAE(%) NM NM NM (53.40) 15.40
ROATCE NM NM NM (53.31) 15.46
Net Interest Income/ Avg Assets(%) 29.05 26.77 21.83 22.12 19.33
Per Share Information ($)
Basic Book Value per Share 0.06 (1.54) (2.60) 0.42 0.79
Basic Tangible Book Value per Share 0.06 (1.54) (2.60) 0.42 0.79
Diluted EPS after Extraordinary 1.66 0.56 (2.93) (0.46) 0.12
Common Dividends Declared per Share 0 0 0 0 0
Common Shares Outstanding(actual) 14,426,081 14,104,341 13,832,651 13,888,853 13,872,808
Managed Portfolio ($000)
Managed Receivables for Self and Others 1,004,613 550,919 410,499 314,926 230,361
Return on Avg Managed Assets(%) 3.30 1.50 (9.23) (1.83) 0.55
Growth Rates and Trends (%)
Asset Growth 60.70 36.89 17.40 29.14 4.61
Equity Growth NM NM NM (47.25) 47.15
Net Loans Receivable Growth 71 39.16 27.42 41.96 6.03
Managed Receivables Growth 82.35 34.21 30.35 36.71 1.49
Assets Five-year CAGR 28.37 10.58 2.27 (10.95) (20.43)
Equity Five-year CAGR (46.20) NM NM (40.29) (29.25)
Net Loans Five-year CAGR 35.46 16.54 6.41 (9.78) (22.01)
Receivables Managed Five-year CAGR 34.63 12.90 2.75 (12.24) (24.83)
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.