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<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font style="font-family: times new roman,times;" size="2"><b>1.</b></font></td>
<td align="left" valign="top"><font style="font-family: times new roman,times;" size="2"><b>Basis of Presentation</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">The accompanying consolidated balance sheet as of March 31, 2015, 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, 2016. 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, 2015 as filed with the Securities and Exchange Commission on June 15, 2015. The March 31, 2015 consolidated balance sheet included herein has been derived from the March 31, 2015 audited consolidated balance sheet included in the aforementioned Form 10-K.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">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.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font style="font-family: times new roman,times;" size="2"><b>2.</b></font></td>
<td align="left" valign="top"><font style="font-family: times new roman,times;" size="2"><b>Revenue Recognition</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">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 bankrupt accounts are accounted for under the cost-recovery method. Interest income on Chapter 13 bankrupt accounts does not resume until all principal amounts are recovered (see Note 4).</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">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, 2015 and 2014 was 7.54% and 8.19%, respectively in relation to the total amount financed.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">Gross finance receivables represent principal balance plus unearned income. The amount of future unearned income is computed as the product of the Contract rate, the Contract term, and the Contract amount.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">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.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font style="font-family: times new roman,times;" size="2">The Company’s net costs for originating direct loans are recognized as an adjustment to the yield and are amortized over the life of the loan using the interest method.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>3.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Earnings Per Share</b></font></td>
</tr>
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<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">Basic earnings per share is calculated by dividing the reported net income for the period by the weighted average number of shares of common stock outstanding. Diluted earnings per share includes the effect of dilutive options and other share awards. Basic and diluted earnings per share have been computed as follows:</font></p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
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<tr>
<td width="72%"></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"><font size="2"><b>Three months ended</b></font><br /><font size="2"><b>June 30,</b></font></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"><font size="2"><b>2015</b></font></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"><font size="2"><b>2014</b></font></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 1em;"><font size="2">Numerator for earnings per share – net income</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>3,670,461</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">4,909,188</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 1em;"><font size="2">Denominator:</font></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;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">Denominator for basic earnings per share – weighted average shares</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>7,616,293</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">12,178,293</font></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-left: 3em;"><font size="2">Effect of dilutive securities:</font></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;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 5em;"><font size="2">Stock options and other share awards</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b></b> </font></td>
<td align="right" valign="bottom"><font size="2"><b>127,469</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b></b>  </font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">184,909</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 3em;"><font size="2">Denominator for diluted earnings per share</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>7,743,762</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">12,363,202</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 1em;"><font size="2">Earnings per share:</font></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-left: 3em;"><font size="2">Basic</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.48</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">0.40</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 3em;"><font size="2">Diluted</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.47</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">0.40</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">For the three months ended June 30, 2015 and 2014, potential shares of common stock from stock options totaling 155,000 and 90,000, respectively, were not included in the diluted earnings per share calculation because their effect is anti-dilutive. Please see Note 10 – “Tender Offer” for information regarding the decrease of the weighted average shares for the three months ended June 30, 2015.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><b>4.</b></td>
<td align="left" valign="top"><b>Finance Receivables</b></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">Finance receivables consist of automobile finance installment Contracts and Direct Loans and are detailed as follows:</p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="68%"></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="2"><b>June 30,</b><br /><b>2015</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>March 31,</b><br /><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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Finance receivables, gross contract</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>478,766,546</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">457,974,758</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Unearned interest</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(147,552,467</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(139,262,996</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; 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>331,214,079</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">318,711,762</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Unearned dealer discounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(18,439,140</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(17,779,690</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; 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>312,774,939</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">300,932,072</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; 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>(12,278,284</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(12,028,012</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-size: 0pt;">
<td
valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Finance receivables, net</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>300,496,655</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">288,904,060</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">The terms of the Contracts range from 12 to 72 months and the Direct Loans range from 6 to 48 months. The Contracts and Direct Loans bear a weighted average effective interest rate of 22.81% and 25.89% as of June 30, 2015, respectively and 22.86% and 26.14% as of March 31, 2015, respectively.</p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="72%"></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></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>2015</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>2014</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,325,222</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">12,889,082</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4,886,470</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4,073,398</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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(5,522,828</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(4,849,623</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>834,663</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td
valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">821,048</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,523,527</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">12,933,905</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 8pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p align="center" style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p align="center" style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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, 2015, the average model year of vehicles collateralizing the portfolio was a 2007 vehicle. The average loan to value ratio, which expresses the amount of the Contract as a percentage of the value of the automobile, is approximately 96%. 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="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="78%"></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</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>2015</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>2014</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Balance at beginning of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>702,790</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">590,278</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size:
10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>102,966</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">158,418</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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(58,977</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(54,101</td>
<td valign="bottom" nowrap="nowrap">) </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,978</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">12,365</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Balance at end of period</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>754,757</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">706,960</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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, 2015, 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.</p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">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="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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 bankrupt 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="font: 8pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p style="font: 8pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent:
0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;">The following table is an assessment of the credit quality by creditworthiness:</p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="50%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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>June 30,</b><br /><b>2015</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>2014</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="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>456,697,990</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,312,987</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">420,006,795</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,118,330</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Non-performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>6,697,909</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>58,992</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5,889,676</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">57,331</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Total</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>463,395,899</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,371,979</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">425,896,471</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,175,661</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr
style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Chapter 13 bankrupt accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>3,957,591</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>41,077</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">3,406,769</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">27,458</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; 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>467,353,490</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,413,056</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">429,303,240</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,203,119</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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 bankrupt accounts:</p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr style="color: white; line-height: 0pt;">
<td width="81%"></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></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; 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" nowrap="nowrap"><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" nowrap="nowrap"><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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;"><b>June 30, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>463,395,899</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>18,878,551</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,798,801</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>1,899,108</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>25,576,460</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"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4.07</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>1.04</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>0.41</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>5.52</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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">June 30, 2014</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">425,896,471</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">16,433,351</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">4,346,201</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,543,475</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">22,323,027</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">3.86</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.02</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.36</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5.24</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr style="color: white; line-height: 0pt;">
<td width="81%"></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b>                     </b></td>
<td></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;
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" nowrap="nowrap"><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" nowrap="nowrap"><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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;"><b>June 30, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,371,979</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>156,356</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>35,440</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>23,552</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>215,348</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"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.37</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>0.31</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>0.21</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>1.89</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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">June 30, 2014</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,175,661</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">183,159</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">41,491</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">15,840</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">240,490</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">1.64</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.37</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.14</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">2.15</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>5.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Line of Credit</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">The Company has a line of credit facility (the “Line”) up to $225,000,000. 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, 2015 and March 31, 2015). Pledged as collateral for this Line are all of the assets of the Company. The outstanding amount of the Line was $203,000,000 and $199,000,000 as of June 30, 2015 and March 31, 2015, respectively. The amount available under the Line was approximately $22,000,000 and $26,000,000 as of June 30, 2015 and March 31, 2015, respectively.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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, 2015, the Company was in full compliance with all debt covenants.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>6.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Interest Rate Swap Agreements</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">As of the three months ended June 30, 2015 and 2014 no new contracts were initiated and no contracts matured.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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 $25,000,000. 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 $25,000,000.</font></p>
<p style="font: 8pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"> </p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">The locations and amounts of (gains) losses in income are as follows:</font></p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="78%"></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"><font size="2"><b>Three months ended</b></font><br /><font size="2"><b>June 30,</b></font></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"><font size="2"><b>2015</b></font></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"><font size="2"><b>2014</b></font></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 1em;"><font size="2">Periodic change in fair value of interest rate swap agreements</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>43,562</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">212,287</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">Periodic settlement differentials included in interest expense</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>94,953</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">98,992</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style:
solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 5em;"><font size="2">Loss recognized in income</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>138,515</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">311,279</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">Net realized gains and 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.</font></p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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: 8pt; word-spacing: 0px; border-collapse: collapse; widows: 1; -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"><font size="2"><b>Three months ended</b></font><br /><font size="2"><b>June 30,</b></font></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"><font size="2"><b>2015</b></font></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"><font size="2"><b>2014</b></font></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-left: 1em;"><font size="2">Variable rate received</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.18</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>% </b></font></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">0.15</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">% </font></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-left: 1em;"><font size="2">Fixed rate paid</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.94</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>% </b></font></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">0.94</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">% </font></td>
</tr>
</table>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>7.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Income Taxes</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">The provision for income taxes increased to approximately $2.3 million for the three months ended June 30, 2015 from approximately $1.8 million for the three months ended June 30, 2014. The Company’s effective tax rate increased to 38.36% for the three months ended June 30, 2015 from 27.07% for the three months ended June 30, 2014. The effective tax rate for the three months ended June 30, 2014 was unusually low due to certain professional fees totaling approximately $1.2 million associated with the potential sale of the Company becoming deductible during the three months ended June 30, 2014 when the Arrangement Agreement was terminated.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>8.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Fair Value Disclosures</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2"><u>Assets and Liabilities Recorded at Fair Value on a Recurring Basis</u></font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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.</font> </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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="68%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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"><font size="2">Fair Value Measurement Using</font></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: 41.5pt; font-family: 'times new roman'; font-size: 8pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><font size="2"><b>Description</b></font></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"><font size="2">Level 1</font></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"><font size="2">Level 2</font></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"><font size="2">Level 3</font></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"><font size="2">Fair Value</font></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-left: 1em;"><font size="2">Interest rate swap agreements:</font></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-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 3em;"><font size="2"><b>June 30, 2015 – liability:</b></font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(224,337</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font
size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(224,337</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">March 31, 2015 – liability:</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">(180,775</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">(180,775</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2"><u>Financial Instruments Not Measured at Fair Value</u></font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">The Company’s financial instruments consist of cash, finance receivables and the Line. For finance receivables and the Line the carrying value approximates fair value.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">Finance receivables, net approximates fair value based on the price paid to acquire indirect loans. 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 6 to 48 months. In addition, there have been minimal changes in interest rates and purchase discounts related to these types of loans. If liquidated outside of the normal course of business, the amount received may not be the carrying value.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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, 2015 was estimated to be equal to the book value. The interest rate for the Line is a variable rate based on LIBOR pricing options.</font></p>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="55%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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"><font size="2">Fair Value Measurement Using</font></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: 41.5pt; font-family: 'times new roman'; font-size: 8pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><font size="2"><b>Description</b></font></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"><font size="2">Level 1</font></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"><font size="2">Level 2</font></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"><font size="2">Level 3</font></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"><font size="2">Fair Value</font></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-left: 1em;"><font size="2">Finance receivables:</font></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-left: 3em;"><font size="2"><b>June 15, 2015</b></font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>300,497,000</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>300,497,000</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">March 31, 2015</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">288,904,000</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">288,904,000</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;"><font size="2">Line of credit:</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2"><b>June, 2015</b></font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>203,000,000</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>203,000,000</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">March 31, 2015</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">199,000,000</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">199,000,000</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 18pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2"><u>Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis</u></font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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
currently have any assets or liabilities measured at fair value on a nonrecurring basis.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>9.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Contingencies</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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.</font></p>
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>11.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Recently Issued Accounting Standards</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">In April 2015, the FASB issued ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The amendments are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption of the amendments is permitted. The Company does not believe the adoption of this ASU will have a significant impact on the consolidated financial statements.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)”. 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 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). Management 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 Condensed Financial Statements.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">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.</font></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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="72%"></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"><font size="2"><b>Three months ended</b></font><br /><font size="2"><b>June 30,</b></font></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"><font size="2"><b>2015</b></font></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"><font size="2"><b>2014</b></font></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 1em;"><font size="2">Numerator for earnings per share – net income</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>3,670,461</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">4,909,188</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 1em;"><font size="2">Denominator:</font></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;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">Denominator for basic earnings per share – weighted average shares</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>7,616,293</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">12,178,293</font></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-left: 3em;"><font size="2">Effect of dilutive securities:</font></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;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 5em;"><font size="2">Stock options and other share awards</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b></b> </font></td>
<td align="right" valign="bottom"><font size="2"><b>127,469</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b></b>  </font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">184,909</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 3em;"><font size="2">Denominator for diluted earnings per share</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>7,743,762</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">12,363,202</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style:
double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 1em;"><font size="2">Earnings per share:</font></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-left: 3em;"><font size="2">Basic</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.48</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">0.40</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">Diluted</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>0.47</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">0.40</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="68%"></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="2"><font size="2"><b>June 30,</b></font><br /><font size="2"><b>2015</b></font></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"><font size="2"><b>March 31,</b></font><br /><font size="2"><b>2015</b></font></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-left: 1em;"><font size="2">Finance receivables, gross contract</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>478,766,546</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">457,974,758</font></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-left: 1em;"><font size="2">Unearned interest</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(147,552,467</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">(139,262,996</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 1em;"><font size="2">Finance receivables, net of unearned interest</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>331,214,079</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">318,711,762</font></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-left: 1em;"><font size="2">Unearned dealer discounts</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(18,439,140</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">(17,779,690</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 1em;"><font size="2">Finance receivables, net of unearned interest and unearned dealer discounts</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>312,774,939</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">300,932,072</font></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-left: 1em;"><font size="2">Allowance for credit losses</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b> </b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(12,278,284</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom"><font size="2">(12,028,012</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color:
#000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-left: 1em;"><font size="2">Finance receivables, net</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>300,496,655</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">288,904,060</font></td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="72%"></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></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>2015</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>2014</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-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>11,325,222</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">12,889,082</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-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4,886,470</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">4,073,398</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-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(5,522,828</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(4,849,623</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-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>834,663</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">821,048</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-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>11,523,527</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">12,933,905</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="78%"></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</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>2015</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>2014</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-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>702,790</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">590,278</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-left: 1em;">Current period provision</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>102,966</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">158,418</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-left: 1em;">Losses absorbed</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>(58,977</b></td>
<td valign="bottom" nowrap="nowrap"><b>) </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">(54,101</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-left: 1em;">Recoveries</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>7,978</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">12,365</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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-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>754,757</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">706,960</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="50%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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>June 30,</b><br /><b>2015</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>2014</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="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>456,697,990</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,312,987</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">420,006,795</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,118,330</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Non-performing accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>6,697,909</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>58,992</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5,889,676</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">57,331</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Total</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>463,395,899</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,371,979</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">425,896,471</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,175,661</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Chapter 13 bankrupt accounts</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>3,957,591</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>41,077</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">3,406,769</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">27,458</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="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="font-family: 'times new roman'; font-size: 10pt; 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>467,353,490</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,413,056</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">429,303,240</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,203,119</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr style="color: white; line-height: 0pt; visibility: hidden;">
<td width="81%"></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></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; 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" nowrap="nowrap"><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" nowrap="nowrap"><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-left: 1em;"><b>June 30, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>463,395,899</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>18,878,551</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>4,798,801</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>1,899,108</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>25,576,460</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"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>4.07</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>1.04</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>0.41</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>5.52</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-left: 1em;">June 30, 2014</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">425,896,471</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">16,433,351</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">4,346,201</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">1,543,475</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">22,323,027</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">3.86</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">1.02</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.36</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">5.24</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
<p style="font: 12pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 0pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr style="color: white; line-height: 0pt; visibility:
hidden;">
<td width="81%"></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></td>
<td valign="bottom" width="1%"></td>
<td></td>
<td nowrap="nowrap"><b></b></td>
<td></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; 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" nowrap="nowrap"><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" nowrap="nowrap"><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-left: 1em;"><b>June 30, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>11,371,979</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>156,356</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>35,440</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>23,552</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom"> </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>215,348</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"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>1.37</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>0.31</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>0.21</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>1.89</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-left: 1em;">June 30, 2014</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">11,175,661</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">183,159</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">41,491</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">15,840</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom"> </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">240,490</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">1.64</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.37</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.14</td>
<td valign="bottom" nowrap="nowrap">% </td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">2.15</td>
<td valign="bottom" nowrap="nowrap">% </td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="78%"></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</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>2015</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>2014</b></td>
<td valign="bottom"> </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-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>43,562</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">212,287</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;">Periodic settlement differentials included in interest expense</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>94,953</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">98,992</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 1px; border-top-style: solid;"> </p>
</td>
<td> </td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 5em;">Loss recognized in income</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>138,515</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">311,279</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 0pt;">
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="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="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td valign="bottom">
<p style="border-top-color: #000000; border-top-width: 3px; border-top-style: double;"> </p>
</td>
<td> </td>
</tr>
</table>
<table align="center" style="width: 100%; text-transform: none; text-indent: 0px; letter-spacing: normal; font-family: 'times new roman'; font-size: 8pt; word-spacing: 0px; border-collapse: collapse; widows: 1; -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>2015</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>2014</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-left: 1em;">Variable rate received</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"><b> </b></td>
<td align="right" valign="bottom"><b>0.18</b></td>
<td valign="bottom" nowrap="nowrap"><b>% </b></td>
<td valign="bottom"> </td>
<td valign="bottom"> </td>
<td align="right" valign="bottom">0.15</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-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>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="68%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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"><font size="2">Fair Value Measurement Using</font></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: 41.5pt; font-family: 'times new roman'; font-size: 8pt; border-bottom-color: #000000; border-bottom-width: 1pt; border-bottom-style: solid;"><font size="2"><b>Description</b></font></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"><font size="2">Level 1</font></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"><font size="2">Level 2</font></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"><font size="2">Level 3</font></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"><font size="2">Fair Value</font></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-left: 1em;"><font size="2">Interest rate swap agreements:</font></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-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></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-left: 3em;"><font size="2"><b>June 30, 2015 – liability:</b></font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(224,337</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2"><b>—  </b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>  </b></font></td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2"><b>$</b></font></td>
<td align="right" valign="bottom"><font size="2"><b>(224,337</b></font></td>
<td valign="bottom" nowrap="nowrap"><font size="2"><b>) </b></font></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="text-indent: -1em; font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><font size="2">March 31, 2015 – liability:</font></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">(180,775</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><font size="2">$</font></td>
<td align="right" valign="bottom" nowrap="nowrap"><font size="2">—  </font></td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom"><font size="2">$</font></td>
<td align="right" valign="bottom"><font size="2">(180,775</font></td>
<td valign="bottom" nowrap="nowrap"><font size="2">) </font></td>
</tr>
</table>
<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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td width="55%"></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></td>
<td></td>
<td></td>
<td></td>
<td valign="bottom" width="3%"></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</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: 41.5pt; font-family: 'times new roman'; font-size: 8pt; 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="font-family: 'times new roman'; font-size: 10pt; 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>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><b>June 15, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><b>$</b></td>
<td align="right" valign="bottom" nowrap="nowrap"><b>—  </b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><b>$</b></td>
<td align="right" valign="bottom" nowrap="nowrap"><b>—  </b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>300,497,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>300,497,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;">March 31, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</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">288,904,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">288,904,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
<tr style="font-size: 1pt;">
<td height="8"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
<td height="8" colspan="4"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 1em;">Line of credit:</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom">  </td>
<td valign="bottom"></td>
<td valign="bottom"></td>
<td valign="bottom"></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;" bgcolor="#cceeff">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;"><b>June, 2015</b></p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><b>$</b></td>
<td align="right" valign="bottom" nowrap="nowrap"><b>—  </b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>203,000,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap"><b>$</b></td>
<td align="right" valign="bottom" nowrap="nowrap"><b>—  </b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
<td valign="bottom">  </td>
<td valign="bottom"><b>$</b></td>
<td align="right" valign="bottom"><b>203,000,000</b></td>
<td valign="bottom" nowrap="nowrap"><b>  </b></td>
</tr>
<tr style="font-family: 'times new roman'; font-size: 10pt;">
<td valign="top">
<p style="font-family: 'times new roman'; font-size: 10pt; margin-left: 3em;">March 31, 2015</p>
</td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</td>
<td align="right" valign="bottom" nowrap="nowrap">—  </td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom">$</td>
<td align="right" valign="bottom">199,000,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
<td valign="bottom">  </td>
<td valign="bottom" nowrap="nowrap">$</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">199,000,000</td>
<td valign="bottom" nowrap="nowrap">  </td>
</tr>
</table>
0.0819
0.0754
12178293
7616293
184909
127469
12363202
7743762
90000
155000
457974758
478766546
139262996
147552467
318711762
331214079
17779690
18439140
300932072
312774939
12933905
706960
11325222
702790
12028012
11523527
754757
12278284
12889082
590278
4849623
54101
5522828
58977
821048
12365
834663
7978
425896471
11175661
420006795
5889676
11118330
57331
3406769
27458
463395899
11371979
456697990
6697909
11312987
58992
3957591
41077
429303240
11203119
467353490
11413056
22323027
240490
16433351
4346201
1543475
15840
41491
183159
25576460
215348
18878551
4798801
1899108
23552
35440
156356
0.0524
0.0215
0.0386
0.0102
0.0036
0.0014
0.0037
0.0164
0.0552
0.0189
0.0407
0.0104
0.0041
0.0021
0.0031
0.0137
P48M
P6M
P72M
P12M
0.2286
0.2614
0.2281
0.2589
0.02
0.96
P61D
P61D
P120D
225000000
0.0300
30-day LIBOR
0.01
0.0400
0.0400
26000000
22000000
212287
43562
98992
94953
311279
138515
0.0015
0.0018
0.01
0.0087
0.0094
0.0094
2
P5Y
P5Y
1-month LIBOR rate
1-month LIBOR rate
25000000
25000000
0.2707
0.3836
180775
180775
224337
224337
288904000
288904000
300497000
300497000
199000000
199000000
203000000
203000000
2337010
70408854
70459323
4713804
4713804
25000
50469
<table 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; widows: 1; -webkit-text-stroke-width: 0px;" border="0" cellspacing="0" cellpadding="0">
<tr>
<td align="left" valign="top" width="4%"><font size="2"><b>10.</b></font></td>
<td align="left" valign="top"><font size="2"><b>Tender Offer</b></font></td>
</tr>
</table>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 6pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">On March 19, 2015, the Company announced the final results of the modified “Dutch auction” tender offer for the purchase of approximately 4.7 million shares of the Company’s common shares by its principal operating subsidiary. The tender offer expired on March 13, 2015. Total payments for common shares, including costs were approximately $70,459,000. Such costs were recorded as an increase to treasury stock, reducing shareholders’ equity.</font></p>
<p style="font: 10pt/normal 'times new roman'; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; margin-top: 12pt; margin-bottom: 0pt; word-spacing: 0px; white-space: normal; widows: 1; -webkit-text-stroke-width: 0px;"><font size="2">The aggregate number of common shares purchased in the tender offer by Nicholas represented approximately 38.0% of the Company’s outstanding common shares as of March 17, 2015. Following settlement of the tender offer, the Company had approximately 7,701,981 common shares outstanding.</font></p>
1200000
0.380
4700000
70459000