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<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>1. Basis of Presentation</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The accompanying consolidated balance sheet as of March 31, 2016, which has been derived from audited financial statements, and the accompanying unaudited interim consolidated financial statements of Nicholas Financial, Inc. (including its subsidiaries, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q pursuant to the Securities and Exchange Act of 1934, as amended in Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements, although the Company believes that the disclosures made are adequate to ensure the information is not misleading. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for interim periods are not necessarily indicative of the results that may be expected for the year ending March 31, 2017. It is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2016 as filed with the Securities and Exchange Commission on June 14, 2016. The March 31, 2016 consolidated balance sheet included herein has been derived from the March 31, 2016 audited consolidated balance sheet included in the aforementioned Form 10-K.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for credit losses on finance receivables and the fair value of interest rate swap agreements.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>2. Revenue Recognition</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Finance receivables consist of automobile finance installment contracts (“Contracts”) and direct consumer loans (“Direct Loans”). Interest income on finance receivables is recognized using the interest method. Accrual of interest income on finance receivables is suspended when a loan enters bankruptcy status, is contractually delinquent for 60 days or more or the collateral is repossessed, whichever is earlier. Chapter 13 bankruptcy accounts are accounted for under the cost-recovery method. Interest income on Chapter 13 bankruptcy accounts does not resume until all principal amounts are recovered (see Note 4).</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">A dealer discount represents the difference between the finance receivable, net of unearned interest, of a Contract, and the amount of money the Company actually pays for the Contract. The discount negotiated by the Company is a function of the lender, the wholesale value of the vehicle and competition in any given market. In making decisions regarding the purchase of a particular Contract the Company considers the following factors related to the borrower: place and length of residence; current and prior job status; history in making installment payments for automobiles; current income; and credit history. In addition, the Company examines its prior experience with Contracts purchased from the dealer from which the Company is purchasing the Contract, and the value of the automobile in relation to the purchase price and the term of the Contract. The entire amount of discount is amortized as an adjustment to yield using the interest method over the life of the loan. The average dealer discount associated with new volume for the three months ended June 30, 2016 and 2015 was 7.15% and 7.54%, respectively.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The amount of future unearned income is computed as the product of the Contract rate, the Contract term and the Contract amount.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Deferred revenues consist primarily of commissions received from the sale of ancillary products. These products include automobile warranties, roadside assistance programs, accident and health insurance, credit life insurance and forced placed automobile insurance. These commissions are amortized over the life of the contract using the interest method.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company’s net costs for originating Direct Loans are deferred and recognized as an adjustment to the yield and are amortized over the life of the loan using the interest method.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>3. Earnings Per Share</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company has granted stock compensation awards with nonforfeitable dividend rights which are considered participating securities. As such, earnings per share is calculated using the two-class method. Basic earnings per share is calculated by dividing net income allocated to common shareholders by the weighted average number of common shares outstanding during the period, which excludes the participating securities. Diluted earnings per share includes the dilutive effect of additional potential common shares from stock compensation awards. Earnings per share have been computed based on the following weighted average number of common shares outstanding:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
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<tr>
<td width="82%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended<br />June 30,</b><br /><b>(In thousands, except per<br />share amounts)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Numerator:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income per consolidated statements of income</p>
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<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,903</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
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</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Less: Allocation of earnings to participating securities</p>
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<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(30</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
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<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
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<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px;
border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Basic earnings per share computation:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average common shares outstanding, including shares considered participating securities</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,753</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Less: Weighted average participating securities outstanding</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(81</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average shares of common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,672</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Basic earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0.37</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.48</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt;
border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Diluted earnings per share computation:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Undistributed earnings re-allocated to participating securities</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average common shares outstanding for basic earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,672</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Incremental shares from stock options</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>60</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">127</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average shares and dilutive potential common shares</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,732</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,743</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td
valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Diluted earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0.37</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">0.47</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Diluted earnings per share do not include the effect of certain stock options as their impact would be anti-dilutive. For the three months ended June 30, 2016 and 2015, potential shares of common stock from stock options totaling 165,000 and 155,000, respectively, were not included in the diluted earnings per share calculation because their effect is anti-dilutive.</div>
</div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>4. Finance Receivables</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Finance receivables consist of automobile finance installment Contracts and Direct Loans and are detailed as follows:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="76%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="6"><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>June 30,</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>March 31,</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, gross contract</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>499,480</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">498,130</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Unearned interest</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(155,860</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(155,257</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net of unearned interest</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>343,620</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">342,873</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Unearned dealer discounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(17,365</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(18,023</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net of unearned interest and unearned dealer discounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>326,255</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">324,850</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Allowance for credit losses</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(13,600</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(13,013</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: medium; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; break-before: page;"> </p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The terms of the Contracts range from 12 to 72 months and the Direct Loans range from 12 to 61 months. The Contracts and Direct Loans bear a weighted average effective interest rate of 22.60% and 25.72% as of June 30, 2016, respectively and 22.67% and 25.72% as of March 31, 2016, respectively.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Finance receivables consist of Contracts and Direct Loans, each of which comprises a portfolio segment. Each portfolio segment consists of smaller balance homogeneous loans which are collectively evaluated for impairment.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The following table sets forth a reconciliation of the changes in the allowance for credit losses on Contracts:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="80%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended June 30,</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>12,265</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,325</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>6,955</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4,886</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(6,992</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(5,522</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>608</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">835</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>12,836</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,524</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company purchases Contracts from automobile dealers at a negotiated price that is less than the original principal amount being financed by the purchaser of the automobile. The Contracts are predominately for used vehicles. As of June 30, 2016, the average model year of vehicles collateralizing the portfolio was a 2008 vehicle. The Company utilizes a static pool approach to track portfolio performance. If the allowance for credit losses is determined to be inadequate for a static pool, then an additional charge to income through the provision is used to maintain adequate reserves based on management’s evaluation of the risk inherent in the loan portfolio, the composition of the portfolio, and current economic conditions. Such evaluation, considers among other matters, the estimated net realizable value of the underlying collateral, economic conditions, historical loan loss experience, management’s estimate of probable credit losses and other factors that warrant recognition in providing for an adequate allowance for credit losses.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The following table sets forth a reconciliation of the changes in the allowance for credit losses on Direct Loans:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="84%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended</b><br /><b>June 30,</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>748</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">703</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>71</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">103</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(72</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(59</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>17</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">8</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>764</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">755</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Direct Loans are originated directly between the Company and the consumer. These loans are typically for amounts ranging from $1,000 to $9,000 and are generally secured by a lien on an automobile, watercraft or other permissible tangible personal property. The majority of Direct Loans are originated with current or former customers under the Company’s automobile financing program. The typical Direct Loan represents a significantly better credit risk than our typical Contract due to the customer’s historical payment history with the Company. In deciding whether or not to make a loan, the Company considers the individual’s credit history, job stability, income and impressions created during a personal interview with a Company loan officer. Additionally, because most of Direct Loans made by the Company to date have been made to borrowers under Contracts previously purchased by the Company, the payment history of the borrower under the Contract is a significant factor in making the loan decision. As of June 30, 2016, loans made by the Company pursuant to its Direct Loan program constituted approximately 2% of the aggregate principal amount of the Company’s loan portfolio. Changes in the allowance for credit losses for both Contracts and Direct Loans were driven by current economic conditions and trends over several reporting periods which are useful in estimating future losses and overall portfolio performance.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">A performing account is defined as an account that is less than 61 days past due. A non-performing account is defined as an account that is contractually delinquent for 61 days or more and the accrual of interest income is suspended. When an account is 120 days contractually delinquent, the account is written off. Upon notification of a Chapter 13 bankruptcy, an account is monitored for collection with other Chapter 13 bankruptcy accounts. In the event the debtors balance has been reduced by the bankruptcy court, the Company will record a loss equal to the amount of principal balance reduction. The remaining balance will be reduced as payments are received by the bankruptcy court. In the event an account is dismissed from bankruptcy, the Company will decide, based on several factors, to begin repossession proceedings or to allow the customer to begin making regularly scheduled payments.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The following table is an assessment of the credit quality by creditworthiness:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 92%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="62%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="14">(In thousands)</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>June 30,</b><br /><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>June 30,</b><br /><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Contracts</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Direct Loans</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Contracts</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Direct Loans</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>472,424</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>10,965</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">456,698</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,313</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Non-performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>11,603</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>97</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">6,698</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">59</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Total</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>484,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,062</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">463,396</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,372</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Chapter 13 bankruptcy accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4,350</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>40</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">3,958</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">41</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, gross contract</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>488,377</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,102</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">467,354</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,413</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The following tables present certain information regarding the delinquency rates experienced by the Company with respect to Contracts and under its Direct Loans, excluding Chapter 13 bankruptcy accounts:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 100%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="60%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td align="center" valign="bottom" colspan="20">(In thousands)</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 33.75pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Contracts</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Gross Balance<br />Outstanding</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>31 – 60 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>61 – 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>Over 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Total</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>484,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>25,445</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>8,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>3,576</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>37,048</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>5.26</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.66</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.74</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7.66</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">June 30, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">463,396</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">18,879</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">4,799</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,899</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">25,577</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4.07</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.04</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.41</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5.52</td>
<td valign="bottom">% </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="16"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 44.2pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Direct Loans</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Gross Balance<br />Outstanding</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>31 – 60 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>61 – 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>Over 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Total</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,062</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>178</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>55</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>42</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>275</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.61</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.50</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.38</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>2.49</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">June 30, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,372</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">156</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">35</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">24</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">215</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.37</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.31</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.21</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.89</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>5. Line of Credit</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company has a line of credit facility (the “Line”) up to $225.0 million The pricing of the Line, which expires on January 30, 2018, is 300 basis points above 30-day LIBOR with a 1% floor on LIBOR (4.00% at June 30, 2016 and March 31, 2016). Pledged as collateral for this Line are all of the assets of the Company. The outstanding amount of the Line was $209.0 million and $211.0 million as of June 30, 2016 and March 31, 2016, respectively. The amount available under the Line was $16.0 million and $14.0 million as of June 30, 2016 and March 31, 2016, respectively.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The facility requires compliance with certain financial ratios and covenants and satisfaction of specified financial tests, including maintenance of asset quality and performance tests. Dividends do not require consent in writing by the agent and majority lenders under the new facility as long as the Company is in compliance with a net income covenant. As of June 30, 2016, the Company was in full compliance with all debt covenants.</p>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>6. Interest Rate Swap Agreements</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company utilizes interest rate swap agreements to manage exposure to variability in expected cash flows attributable to interest rate risk. The interest rate swap agreements convert a portion of the floating rate debt to a fixed rate, more closely matching the interest rate characteristics of finance receivables.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">As of the three months ended June 30, 2016 and 2015, no new contracts were initiated and no contracts matured.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company currently has two interest rate swap agreements. A June 4, 2012 interest rate swap agreement provides for a five-year interest rate swap in which the Company pays a fixed rate of 1% and receives payments from the counterparty on the 1-month LIBOR rate. This interest rate swap agreement had an effective date of June 13, 2012 and a notional amount of $25.0 million. A July 30, 2012 agreement provides for a five-year interest rate swap in which the Company pays a fixed rate of 0.87% and receives payments from the counterparty on the 1-month LIBOR rate. This interest rate swap agreement had an effective date of August 13, 2012 and a notional amount of $25.0 million.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The locations and amounts of losses in income are as follows:</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="83%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="6">
<p align="center" style="font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><b>Three months ended</b></p>
<p align="center" style="font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt;"><b>June 30,</b></p>
</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Periodic change in fair value of interest rate swap agreements</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(18</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(44</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Periodic settlement differentials included in interest expense</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(63</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(95</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px;
border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Loss recognized in income</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(81</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(139</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Net realized losses from the interest rate swap agreements were recorded in the interest expense line item of the consolidated statements of income. The following table summarizes the average variable rates received and average fixed rates paid under the swap agreements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="83%"></td>
<td valign="bottom" width="6%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="6%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended</b><br /><b>June 30,</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Variable rate received</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.44</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.18</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Fixed rate paid</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.94</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.94</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>7. Income Taxes</b></p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The provision for income taxes decreased to approximately $1.8 million for the three months ended June 30, 2016 from approximately $2.3 million for the three months ended June 30, 2015. The Company’s effective tax rate decreased to 38.31% for the three months ended June 30, 2016 from 38.36% for the three months ended June 30, 2015.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>8. Fair Value Disclosures</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company measures specific assets and liabilities at fair value, which is an exit price, representing the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When applicable, the Company utilizes market data or assumptions that market participants would use in pricing the asset or liability under a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs about which little or no market data exists, therefore requiring an entity to develop its own assumptions.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><u>Assets and Liabilities Recorded at Fair Value on a Recurring Basis</u></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company estimates the fair value of interest rate swap agreements based on the estimated net present value of the future cash flows using a forward interest rate yield curve in effect as of the measurement period, adjusted for nonperformance risk, if any, including a quantitative and qualitative evaluation of both the Company’s credit risk and the counterparty’s credit risk. Accordingly, the Company classifies interest rate swap agreements as Level 2.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 12pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 92%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="70%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="10">Fair Value Measurement Using<br />(In thousands)</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 39.5pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Description</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 1</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 2</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 3</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Fair Value</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Interest rate swap agreements:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;"><b>June 30, 2016 – liabilities:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td
valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(223</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(223</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016 – liabilities:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(205</td>
<td valign="bottom" nowrap="nowrap">) </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(205</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><u>Financial Instruments Not Measured at Fair Value</u></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company’s financial instruments consist of cash, finance receivables and the Line. For each of these financial instruments- the carrying value approximates fair value.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Finance receivables, net approximates fair value based on the price paid to acquire Contracts. The price paid reflects competitive market interest rates and purchase discounts for the Company’s chosen credit grade in the economic environment. This market is highly liquid as the Company acquires individual loans on a daily basis from dealers. The initial terms of the Contracts range from 12 to 72 months. The initial terms of the Direct Loans range from 12 to 60 months. In addition, there have been minimal changes in interest rates and purchase discounts related to these types of loans due to the competitive nature of the current market. If liquidated outside of the normal course of business, the amount received may not be the carrying value.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Based on current market conditions, any new or renewed credit facility would contain pricing that approximates the Company’s current Line. Based on these market conditions, the fair value of the Line as of June 30, 2016 was estimated to be equal to the book value. The interest rate for the Line is a variable rate based on LIBOR pricing options. </div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </p>
<table align="center" style="width: 100%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="62%"></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="10"><b>Fair Value Measurement Using</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>Fair</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>Carrying</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"
nowrap="nowrap">
<p style="width: 39.5pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Description</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 1</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 2</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 3</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Value</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Value</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Cash:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td
valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Line of credit:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
</table>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><u>Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis</u></p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company may be required, from time to time, to measure certain assets and liabilities at fair value on a nonrecurring basis. The Company does not have any assets or liabilities measured at fair value on a nonrecurring basis as of June 30, 2016 and March 31, 2016.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>9. Contingencies</b></p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company currently is not a party to any pending legal proceedings other than ordinary routine litigation incidental to its business, none of which, if decided adversely to the Company, would, in the opinion of management, have a material adverse effect on the Company’s financial condition or results of operations.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>10. Recently Issued Accounting Standards</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In June 2016, the Financial Accounting Standards Board (“FASB”) issued the Accounting Standards Update (“ASU”) 2016-13 <i>Financial Instruments—Credit Losses (Topic 326):Measurement of Credit Losses on Financial Instruments</i>. The new guidance requires organizations to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. The ASU also requires additional disclosures related to estimates and judgments used to measure all expected credit losses. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In March 2016, the FASB issued the ASU 2016-09, “<i>Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting,” </i>which is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public entities, ASU 2016-09 is effective for annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</div>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"> </div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In February 2016, the FASB issued ASU No. 2016-02, <i>“Leases</i>”, intended to improve financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. “The ASU will require organizations that lease assets—referred to as “lessees”—to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. The accounting by organizations that own the assets leased by the lessee—also known as lessor accounting— will remain largely unchanged from current U.S. GAAP. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In January 2016, the FASB issued ASU No. 2016-01, “<i>Financial Instruments—Recognition and Measurement of Financial Assets and Liabilities</i>,” which is intended to improve the recognition and measurement of financial instruments by requiring: equity investments (other than equity method or consolidation) to be measured at fair value with changes in fair value recognized in net income; public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not public business entities; eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; and requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. This ASU is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. This ASU permits early adoption of the instrument-specific credit risk provision. The Company is currently evaluating the impact of the pending adoption of this ASU on the Company’s consolidated financial statements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In May 2014, the FASB issued ASU No. 2014-09, “<i>Revenue from Contracts with Customers (Topic 606)</i>”. The ASU requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU, and all subsequently issued clarifying ASUs, will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The standard permits the use of either the retrospective or cumulative effect transition method. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year. As a result, ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The ASU would permit public entities to adopt the ASU early, but not before the original effective date (i.e., annual periods beginning after December 15, 2016). The Company has not yet selected a transition method and is currently evaluating the impact of the pending adoption of this ASU on the Company’s consolidated financial statements.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company does not believe there are any other recently issued accounting standards that have not yet been adopted that will have a material impact on the Company’s consolidated financial statements.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>1. Basis of Presentation</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The accompanying consolidated balance sheet as of March 31, 2016, which has been derived from audited financial statements, and the accompanying unaudited interim consolidated financial statements of Nicholas Financial, Inc. (including its subsidiaries, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q pursuant to the Securities and Exchange Act of 1934, as amended in Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete consolidated financial statements, although the Company believes that the disclosures made are adequate to ensure the information is not misleading. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for interim periods are not necessarily indicative of the results that may be expected for the year ending March 31, 2017. It is suggested that these consolidated financial statements be read in conjunction with the consolidated financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2016 as filed with the Securities and Exchange Commission on June 14, 2016. The March 31, 2016 consolidated balance sheet included herein has been derived from the March 31, 2016 audited consolidated balance sheet included in the aforementioned Form 10-K.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for credit losses on finance receivables and the fair value of interest rate swap agreements.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>2. Revenue Recognition</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Finance receivables consist of automobile finance installment contracts (“Contracts”) and direct consumer loans (“Direct Loans”). Interest income on finance receivables is recognized using the interest method. Accrual of interest income on finance receivables is suspended when a loan enters bankruptcy status, is contractually delinquent for 60 days or more or the collateral is repossessed, whichever is earlier. Chapter 13 bankruptcy accounts are accounted for under the cost-recovery method. Interest income on Chapter 13 bankruptcy accounts does not resume until all principal amounts are recovered (see Note 4).</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">A dealer discount represents the difference between the finance receivable, net of unearned interest, of a Contract, and the amount of money the Company actually pays for the Contract. The discount negotiated by the Company is a function of the lender, the wholesale value of the vehicle and competition in any given market. In making decisions regarding the purchase of a particular Contract the Company considers the following factors related to the borrower: place and length of residence; current and prior job status; history in making installment payments for automobiles; current income; and credit history. In addition, the Company examines its prior experience with Contracts purchased from the dealer from which the Company is purchasing the Contract, and the value of the automobile in relation to the purchase price and the term of the Contract. The entire amount of discount is amortized as an adjustment to yield using the interest method over the life of the loan. The average dealer discount associated with new volume for the three months ended June 30, 2016 and 2015 was 7.15% and 7.54%, respectively.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The amount of future unearned income is computed as the product of the Contract rate, the Contract term and the Contract amount.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">Deferred revenues consist primarily of commissions received from the sale of ancillary products. These products include automobile warranties, roadside assistance programs, accident and health insurance, credit life insurance and forced placed automobile insurance. These commissions are amortized over the life of the contract using the interest method.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company’s net costs for originating Direct Loans are deferred and recognized as an adjustment to the yield and are amortized over the life of the loan using the interest method.</div>
</div>
<div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;"><b>10. Recently Issued Accounting Standards</b></p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In June 2016, the Financial Accounting Standards Board (“FASB”) issued the Accounting Standards Update (“ASU”) 2016-13 <i>Financial Instruments—Credit Losses (Topic 326):Measurement of Credit Losses on Financial Instruments</i>. The new guidance requires organizations to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. The ASU also requires additional disclosures related to estimates and judgments used to measure all expected credit losses. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In March 2016, the FASB issued the ASU 2016-09, “<i>Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting,” </i>which is intended to simplify several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public entities, ASU 2016-09 is effective for annual periods beginning after December 15, 2016, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: medium; font-style: normal; font-weight: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; break-before: page;"> </div>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In February 2016, the FASB issued ASU No. 2016-02, <i>“Leases</i>”, intended to improve financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate, airplanes, and manufacturing equipment. “The ASU will require organizations that lease assets—referred to as “lessees”—to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. The accounting by organizations that own the assets leased by the lessee—also known as lessor accounting— will remain largely unchanged from current U.S. GAAP. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. The Company is currently evaluating the impact of the adoption of this ASU on the consolidated financial statements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In January 2016, the FASB issued ASU No. 2016-01, “<i>Financial Instruments—Recognition and Measurement of Financial Assets and Liabilities</i>,” which is intended to improve the recognition and measurement of financial instruments by requiring: equity investments (other than equity method or consolidation) to be measured at fair value with changes in fair value recognized in net income; public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not public business entities; eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; and requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. This ASU is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. This ASU permits early adoption of the instrument-specific credit risk provision. The Company is currently evaluating the impact of the pending adoption of this ASU on the Company’s consolidated financial statements.</p>
<p style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">In May 2014, the FASB issued ASU No. 2014-09, “<i>Revenue from Contracts with Customers (Topic 606)</i>”. The ASU requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU, and all subsequently issued clarifying ASUs, will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The standard permits the use of either the retrospective or cumulative effect transition method. On July 9, 2015, the FASB approved the deferral of the effective date of ASU 2014-09 by one year. As a result, ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The ASU would permit public entities to adopt the ASU early, but not before the original effective date (i.e., annual periods beginning after December 15, 2016). The Company has not yet selected a transition method and is currently evaluating the impact of the pending adoption of this ASU on the Company’s consolidated financial statements.</p>
<div style="color: #000000; text-transform: none; line-height: normal; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; font-style: normal; font-weight: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px;">The Company does not believe there are any other recently issued accounting standards that have not yet been adopted that will have a material impact on the Company’s consolidated financial statements.</div>
</div>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="82%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended<br />June 30,</b><br /><b>(In thousands, except per<br />share amounts)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Numerator:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income per consolidated statements of income</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,903</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Less: Allocation of earnings to participating securities</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(30</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Basic earnings per share computation:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average common shares outstanding, including shares considered participating securities</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,753</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Less: Weighted average participating securities outstanding</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(81</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average shares of common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,672</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Basic earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0.37</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.48</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>Diluted earnings per share computation:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Undistributed earnings re-allocated to participating securities</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"> </td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap"> </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Net income allocated to common stock</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>2,873</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">3,670</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average common shares outstanding for basic earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,672</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,616</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Incremental shares from stock options</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>60</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">127</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Weighted average shares and dilutive potential common shares</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,732</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">7,743</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Diluted earnings per share</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0.37</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">0.47</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<div> </div>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="76%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="6"><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>June 30,</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>March 31,</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, gross contract</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>499,480</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">498,130</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Unearned interest</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(155,860</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(155,257</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net of unearned interest</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>343,620</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">342,873</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Unearned dealer discounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(17,365</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(18,023</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net of unearned interest and unearned dealer discounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>326,255</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">324,850</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Allowance for credit losses</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(13,600</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(13,013</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, net</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
</table>
<div>
<table align="center" style="width: 60%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended June 30,</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>12,265</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,325</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>6,955</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4,886</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(6,992</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(5,522</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>608</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">835</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>12,836</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,524</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
</div>
<table align="center" style="width: 60%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="84%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended</b><br /><b>June 30,</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>748</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">703</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>71</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">103</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(72</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(59</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>17</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">8</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>764</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">755</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<div>
<table align="center" style="width: 92%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="62%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="14">(In thousands)</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>June 30,</b><br /><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>June 30,</b><br /><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Contracts</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Direct Loans</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Contracts</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Direct Loans</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>472,424</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>10,965</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">456,698</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,313</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Non-performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>11,603</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>97</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">6,698</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">59</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Total</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>484,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,062</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">463,396</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,372</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Chapter 13 bankruptcy accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4,350</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>40</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">3,958</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">41</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables, gross contract</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>488,377</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,102</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">467,354</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,413</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
</div>
<div>
<table align="center" style="width: 100%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="60%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td align="center" valign="bottom" colspan="20">(In thousands)</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 33.75pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Contracts</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Gross Balance<br />Outstanding</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>31 – 60 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>61 – 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>Over 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Total</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>484,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>25,445</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>8,027</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>3,576</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>37,048</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>5.26</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.66</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.74</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7.66</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">June 30, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">463,396</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">18,879</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">4,799</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,899</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">25,577</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4.07</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.04</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.41</td>
<td valign="bottom">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5.52</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="16"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
<td height="16" colspan="4"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 44.2pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Direct Loans</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Gross Balance<br />Outstanding</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>31 – 60 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>61 – 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2" nowrap="nowrap"><b>Over 90 days</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Total</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,062</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>178</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>55</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>42</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>275</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.61</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.50</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.38</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>2.49</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">June 30, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,372</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">156</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">35</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">24</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">215</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.37</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.31</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.21</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.89</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom"> </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
</div>
<div>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="83%"></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="5%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="6">
<p align="center" style="font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><b>Three months ended</b></p>
<p align="center" style="font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt;"><b>June 30,</b></p>
</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>(In thousands)</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Periodic change in fair value of interest rate swap agreements</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(18</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(44</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Periodic settlement differentials included in interest expense</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(63</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(95</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="bottom">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Loss recognized in income</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(81</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(139</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 1px;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="margin-top: 0pt; margin-bottom: 0pt; border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
</tr>
</table>
</div>
<div> </div>
<div> </div>
<div>
<table align="center" style="width: 76%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="83%"></td>
<td valign="bottom" width="6%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="6%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="6"><b>Three months ended</b><br /><b>June 30,</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2016</b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>2015</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Variable rate received</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.44</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.18</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Fixed rate paid</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.94</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.94</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
</div>
<div>
<table align="center" style="width: 92%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="70%"></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="4%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="10">Fair Value Measurement Using<br />(In thousands)</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 39.5pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Description</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 1</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 2</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Level 3</td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2">Fair Value</td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Interest rate swap agreements:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;"><b>June 30, 2016 – liabilities:</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(223</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>(223</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016 – liabilities:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(205</td>
<td valign="bottom" nowrap="nowrap">) </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">(205</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
</table>
</div>
<div> </div>
<div> </div>
<div>
<table align="center" style="width: 100%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 10pt; word-spacing: 0px; border-collapse: collapse; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="62%"></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="2%"></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="10"><b>Fair Value Measurement Using</b><br /><b>(In thousands)</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td valign="bottom" colspan="2"> </td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>Fair</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" valign="bottom" colspan="2"><b>Carrying</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 8pt;">
<td valign="bottom" nowrap="nowrap">
<p style="width: 39.5pt; font-family: 'times new roman'; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><b>Description</b></p>
</td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 1</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 2</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Level 3</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Value</b></td>
<td valign="bottom"> </td>
<td valign="bottom">  </td>
<td align="center" style="border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;" valign="bottom" colspan="2"><b>Value</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Cash:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,520</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,849</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Finance receivables:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>312,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,837</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em;">Line of credit:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em;"><b>June 30, 2016</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>0</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>209,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em;">March 31, 2016</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">211,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
</table>
</div>
<div> </div>
Accrual of interest income on finance receivables is suspended when a loan enters bankruptcy status, is contractually delinquent for 60 days or more or the collateral is repossessed, whichever is earlier. Chapter 13 bankruptcy accounts are accounted for under the cost-recovery method.
0.0754
0.0715
7616000
7672000
127000
60000
7743000
7732000
155000
165000
498130000
499480000
155257000
155860000
342873000
343620000
18023000
17365000
324850000
326255000
11524000
755000
12265000
748000
13013000
12836000
764000
13600000
11325000
703000
5522000
59000
6992000
72000
835000
8000
608000
17000
463396000
11372000
456698000
6698000
11313000
59000
18879000
4799000
1899000
24000
35000
156000
484027000
11062000
472424000
11603000
10965000
97000
25445000
8027000
3576000
42000
55000
178000
3958000
41000
4350000
40000
467354000
11413000
488377000
11102000
25577000
215000
37048000
275000
0.0552
0.0189
0.0407
0.0104
0.0041
0.0021
0.0031
0.0137
0.0766
0.0249
0.0526
0.0166
0.0074
0.0038
0.0050
0.0161
P60M
P12M
P72M
P12M
0.2267
0.2572
0.2260
0.2572
P61D
61 days or more
P120D
225000000
30-day LIBOR
0.01
0.0400
0.0400
14000000
16000000
95000
63000
-139000
-81000
0.0018
0.0044
0.01
0.0087
0.0094
0.0094
P5Y
P5Y
1-month LIBOR
1-month LIBOR
25000000
25000000
0.3836
0.3831
311837000
311837000
311837000
312655000
0
0
312655000
312655000
211000000
211000000
211000000
209000000
0
209000000
0
209000000
1309000
9000
1849000
1849000
1849000
4520000
4520000
0
0
4520000
30000
3670000
2873000
7616000
7753000
-81000
0
3670000
2873000
0.02
0.03
0001000045us-gaap:InterestRateSwapMember2016-06-30
2
0001000045us-gaap:InterestRateSwapMember2012-07-30
2012-06-13
2012-08-13
0
0
0