v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 3,490 $ 3,347
Restricted cash 250
Certificates of deposit, restricted 2,275
Accrued interest receivable 1,111 844
Loans receivable, net 59,223 49,254
Real estate investments 169 13,529
Foreclosed assets, net 499 1,356
Premises and equipment 790 805
Other assets 729 1,095
Total assets 68,536 70,230
Liabilities and Members’ Capital    
Refundable prepaid interest 965 353
Loan deposits 838 867
Accounts payable and accrued expenses 708 768
Accrued interest payable 3,595 3,280
Notes payable secured, net 18,445 21,102
Notes payable unsecured, net 35,774 35,213
Deferred revenue – real estate investments 74
Total liabilities 60,325 61,657
Commitments and Contingencies (Note 14)
Members’ Capital    
Series C preferred equity, net of discounts of $2,043 and $0, respectively 7,042 6,430
Class A common equity 1,169 2,143
Members’ capital 8,211 8,573
Total liabilities and members’ capital $ 68,536 $ 70,230