| Segment Information |
Note 17: Segment Information The Company has three reportable segments that represent the primary businesses reported in the consolidated financial statements: the finance company (the parent company), the broker-dealer (MP Securities), and the charitable organization (Ministry Partners for Christ). Management accounts for intersegment revenues and expenses at amounts that assume the Company entered into the transaction with unrelated third parties at the current market prices at the time of the transaction. Management evaluates the performance of each segment based on net income or loss before provision for income taxes and LLC fees. Financial information with respect to the reportable segments is as follows (dollars in thousands): | | | | | | | | | | | | | | | Three months ended | | Six months ended | | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | Revenue from external sources | | | | | | | | | | | | | Finance Company | | $ | 1,894 | | $ | 1,881 | | $ | 4,309 | | $ | 3,655 | Broker-Dealer | | | 465 | | | 338 | | | 691 | | | 637 | Charitable Organization | | | 19 | | | 21 | | | 39 | | | 42 | Adjustments / Eliminations | | | (234) | | | (88) | | | (281) | | | (160) | Total | | $ | 2,144 | | $ | 2,152 | | $ | 4,759 | | $ | 4,175 | | | | | | | | | | | | | | Revenue from internal sources | | | | | | | | | | | | | Finance Company | | $ | — | | $ | — | | $ | — | | $ | — | Broker-Dealer | | | 182 | | | 166 | | | 348 | | | 324 | Charitable Organization | | | — | | | — | | | — | | | — | Adjustments / Eliminations | | | (182) | | | (166) | | | (348) | | | (324) | Total | | $ | — | | $ | — | | $ | — | | $ | — | | | | | | | | | | | | | | Interest expense | | | | | | | | | | | | | Finance Company | | $ | 1,442 | | $ | 1,642 | | $ | 2,897 | | $ | 3,251 | Broker-Dealer | | | — | | | — | | | — | | | — | Charitable Organization | | | — | | | — | | | — | | | — | Adjustments / Eliminations | | | (295) | | | (315) | | | (605) | | | (659) | Total | | $ | 1,147 | | $ | 1,327 | | $ | 2,292 | | $ | 2,592 | | | | | | | | | | | | | | Total non-interest expense and provision for tax | | | | | | | | | | | | | Finance Company | | $ | 660 | | $ | 662 | | $ | 1,523 | | $ | 1,413 | Broker-Dealer | | | 324 | | | 410 | | | 689 | | | 818 | Charitable Organization | | | 10 | | | — | | | 11 | | | 31 | Adjustments / Eliminations | | | (10) | | | — | | | (10) | | | (30) | Total | | $ | 984 | | $ | 1,072 | | $ | 2,213 | | $ | 2,232 | | | | | | | | | | | | | | Net profit (loss) | | | | | | | | | | | | | Finance Company | | $ | (224) | | $ | (222) | | $ | (103) | | $ | (755) | Broker-Dealer | | | 323 | | | 93 | | | 350 | | | 143 | Charitable Organization | | | 9 | | | 21 | | | 28 | | | 10 | Adjustments / Eliminations | | | (111) | | | 61 | | | (15) | | | 205 | Total | | $ | (3) | | $ | (47) | | $ | 261 | | $ | (396) |
| | | | | | | | | June 30, | | December 31, | | | 2025 | | 2024 | | | (Unaudited) | | (Audited) | Total assets | | | | | | | Finance Company | | $ | 100,315 | | $ | 101,563 | Broker-Dealer | | | 2,990 | | | 2,592 | Charitable Organization | | | 2,168 | | | 2,140 | Other Segments | | | 59 | | | 58 | Adjustments / Eliminations | | | 2,824 | | | 2,897 | Total | | $ | 108,356 | | $ | 109,250 |
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