v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets:    
Cash and cash equivalents $ 9,793 $ 9,014
Restricted cash 1,771 1,757
Certificates of deposit 1,519 1,304
Loans receivable, net of allowance for loan losses of $1,122 and $1,156 as of December 31, 2025 and 2024, respectively 90,827 93,171
Accrued interest receivable 439 447
Investments in joint venture 875 873
Other investments 1,098 1,082
Property and equipment, net 64 84
Foreclosed assets, net 0 301
Servicing assets 161 177
Other assets 1,065 1,040
Total assets 107,612 109,250
Liabilities:    
Other secured borrowings 6 6
Debt certificates payable, net of debt issuance costs of $72 and $88 as of December 31, 2025 and 2024, respectively 94,438 95,073
Accrued interest payable   348
Other liabilities 1,674 1,892
Total liabilities 96,118 97,319
Members' Equity:    
Series A preferred units, 1,000,000 units authorized, 117,100 units issued and outstanding at December 31, 2025 and 2024 (liquidation preference of $100 per unit); See Note 14 11,715 11,715
Class A common units, 1,000,000 units authorized, 146,522 units issued and outstanding at December 31, 2025 and 2024; See Note 14 1,510 1,509
Accumulated deficit (1,731) (1,293)
Total members' equity 11,494 11,931
Total liabilities and members' equity $ 107,612 $ 109,250