v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 30 $ (607)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation 22 33
Amortization of deferred loan fees, net (30) (111)
Amortization of debt issuance costs 99 74
Credit for expected credit losses (34) (126)
Accretion of loan discount (11) (17)
Gain on sale of loans (12) (96)
Gain on sale of foreclosed assets (182)  
Loss on retirement of fixed assets   2
Gain on other investments (16) (30)
Changes in:    
Accrued interest receivable 8 (15)
Other assets 23 378
Accrued interest payable (348) (34)
Other liabilities (196) 225
Net cash used by operating activities (647) (324)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan purchases (4,113) (66)
Loan originations (3,141) (8,721)
Loan sales 1,100 8,370
Loan principal collections 8,552 6,045
Sale of foreclosed assets 483  
Purchase of certificates of deposit (215) (26)
Purchase of property and equipment (2) (63)
Net cash provided by investing activities 2,664 5,539
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings, net of repayments on lines of credit   (4,500)
Net change in debt certificates payable (651) (1,870)
Debt issuance costs (83) (110)
Dividends paid on preferred units (490) (575)
Net cash provided (used) by financing activities (1,224) (7,055)
Net increase (decrease) in cash and restricted cash 793 (1,840)
Cash, cash equivalents, and restricted cash at beginning of period 10,771 12,611
Cash, cash equivalents, and restricted cash at end of period 11,564 10,771
Supplemental disclosures of cash flow information    
Interest paid 5,041 5,071
Income taxes paid 16 32
Supplemental disclosures of non-cash transactions    
Leased assets obtained in exchange of new operating lease liabilities 82 387
Lease liabilities recorded 82 387
Dividends declared to preferred unit holders $ 107 $ 130