| Credit Card Receivables |
6.Credit Card Receivables The following table summarizes the credit card receivables, gross of allowance for credit losses, by segment (in thousands): | | | | | | | | | | As of June 30, | | As of December 31, | | | | 2026 | | 2025 | | United States | | | 8,714 | | | 8,615 | | Canada | | | 7,926 | | | 9,480 | | Total | | $ | 16,640 | | $ | 18,095 | |
The Company places credit card receivables on nonaccrual status when the credit card receivables are greater than 90 days past due or within 60 days of being notified that the customer is in bankruptcy status, whichever is earlier. The below tables present the information on the Company’s past due and non-accrual credit card receivables as of June 30, 2026, and December 31, 2025. Age analysis of past-due credit card receivables at June 30, 2026 (in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost | | | | | | | | | | | | Total | | | | | | | | > 90 DPD and | ($ in 000s) | | 30-59 | | 60-89 | | >90 | | Past Due | | Current | | Total | | Accruing | United States | | $ | 299 | | $ | 257 | | $ | 552 | | $ | 1,108 | | $ | 7,606 | | $ | 8,714 | | $ | — | Canada | | | 159 | | | 116 | | | 212 | | | 487 | | | 7,439 | | | 7,926 | | | — | Total | | $ | 458 | | $ | 373 | | $ | 764 | | $ | 1,595 | | $ | 15,045 | | $ | 16,640 | | $ | — |
Age analysis of past-due credit card receivables at December 31, 2025 (in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost | | | | | | | | | | | | Total | | | | | | | | > 90 DPD and | ($ in 000s) | | 30-59 | | 60-89 | | >90 | | Past Due | | Current | | Total | | Accruing | United States | | $ | 323 | | $ | 210 | | $ | 588 | | $ | 1,121 | | $ | 7,494 | | $ | 8,615 | | $ | — | Canada | | | 232 | | | 130 | | | 333 | | | 695 | | | 8,786 | | | 9,480 | | | — | Total | | $ | 554 | | $ | 340 | | $ | 921 | | $ | 1,815 | | $ | 16,280 | | $ | 18,095 | | $ | — |
Allowance for Credit Losses The following table summarizes the change in the allowance for credit losses for the Company’s credit card receivables portfolio (in thousands). | | | | | | | | | | | | United States | | Canada | | | Total | Balance as of December 31, 2025 | | $ | 1,008 | | $ | 775 | | $ | 1,784 | Charge-offs | | | (1,282) | | | (673) | | | (1,955) | Recoveries | | | 180 | | | 209 | | | 389 | Provision | | | 1,043 | | | 337 | | | 1,380 | Balance as of June 30, 2026 | | $ | 949 | | $ | 648 | | $ | 1,598 |
| | | | | | | | | | Balance as of December 31, 2024 | | $ | 957 | | $ | 950 | | $ | 1,907 | Charge-offs | | | (179) | | | (202) | | | (381) | Recoveries | | | 180 | | | 246 | | | 426 | Provision | | | (84) | | | (135) | | | (219) | Balance as of June 30, 2025 | | $ | 874 | | $ | 859 | | $ | 1,733 |
Non-Accrual Loans The following table presents non-accrual loans by segment (in thousands). | | | | | | | | | | | | | | | As of June 30, 2026 | | As of December 31, 2025 | | | | | Nonaccrual | | | | | Nonaccrual | | | | | with No | | | | | with No | | | Nonaccrual | | Allowance | | Nonaccrual | | Allowance | United States | | $ | 552 | | $ | — | | $ | 588 | | $ | — | Canada | | | 212 | | | — | | | 333 | | | — | Total | | $ | 764 | | $ | — | | $ | 921 | | $ | — |
No interest income was recorded for the non-accrual receivables for the six months ended June 30, 2026.
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