| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Dec'17 |
|---|---|---|---|---|---|---|
Assets | ||||||
Cash | ||||||
15 | 17 | 21 | 35 | 53 | 23 | 110 |
Federal funds sold | ||||||
39 | 50 | 33 | 37 | 32 | 33 | - |
Equity investments | ||||||
10 | 10 | 9 | 9 | 8 | 9 | - |
Investment securities | ||||||
46 | 48 | 47 | 44 | 44 | 45 | 908 |
Loans | ||||||
1,183 | 1,160 | 1,142 | 1,088 | 1,024 | 1,017 | 864 |
Loans, at fair value | ||||||
- | - | - | - | - | - | 338 |
Allowance for losses | ||||||
54 | 46 | 43 | 40 | 36 | 36 | - |
Net loans receivable | ||||||
1,129 | 1,114 | 1,099 | 1,047 | 987 | 981 | - |
Accrued interest receivable | ||||||
8 | 8 | 8 | 7 | 7 | 7 | - |
Property, equipment, and right-of-use lease asset, net | ||||||
13 | 14 | 13 | 12 | 13 | 1 | - |
Loan collateral in process of foreclosure | ||||||
46 | 52 | 53 | 52 | 49 | 49 | - |
Goodwill | ||||||
150 | 150 | 150 | 150 | 150 | 150 | - |
Intangible assets, net | ||||||
52 | 52 | 52 | 53 | 53 | 53 | - |
Income tax receivable | ||||||
1 | 1 | - | - | - | - | - |
Other assets | ||||||
19 | 19 | 29 | 30 | 27 | 25 | 58 |
Total assets | ||||||
1,534 | 1,541 | 1,519 | 1,481 | 1,428 | 1,381 | 1,077 |
Liabilities | ||||||
Accounts payable and accrued expenses | ||||||
20 | 16 | 18 | 20 | 16 | 18 | - |
Accrued interest payable | ||||||
3 | 4 | 3 | 4 | 3 | 3 | - |
Deposits | ||||||
960 | 951 | 962 | 927 | 864 | 848 | - |
Short-term borrowings | ||||||
60 | 38 | 42 | 46 | 81 | 55 | - |
Deferred tax liabilities | ||||||
6 | 9 | - | - | - | 6 | - |
Deferred tax liabilities and other tax payables | ||||||
- | - | 5 | 5 | 7 | - | - |
Operating lease liabilities | ||||||
12 | 12 | 12 | 11 | 11 | - | - |
Long-term debt | ||||||
150 | 174 | 181 | 180 | 152 | 158 | - |
Total liabilities | ||||||
1,213 | 1,207 | 1,226 | 1,196 | 1,136 | 1,091 | 913 |
Stockholders’ equity | ||||||
Common stock (50,000,000 shares of $0.01 par value stock authorized- 27,757,899 shares at March 31, 2020 and 27,597,802 shares at December 31, 2019 issued) | ||||||
0 | 0 | 0 | 0 | 0 | 0 | - |
Additional paid in capital | ||||||
275 | 275 | 275 | 274 | 274 | 274 | - |
Treasury stock (2,951,243 shares at March 31, 2020 and December 31, 2019) | ||||||
24 | 24 | 24 | 24 | 24 | 24 | - |
Accumulated other comprehensive income | ||||||
1 | 0 | 1 | 1 | 0 | -0 | - |
Retained earnings | ||||||
-2 | 11 | 11 | 6 | 14 | 13 | - |
Total stockholders’ equity | ||||||
250 | 263 | 263 | 258 | 264 | 262 | 164 |
Non-controlling interest in consolidated subsidiaries | ||||||
70 | 71 | 29 | 27 | 27 | 27 | - |
Total equity | ||||||
320 | 334 | 292 | 285 | 291 | 290 | 287 |
Total liabilities and equity | ||||||
1,534 | 1,541 | 1,519 | 1,481 | 1,428 | 1,381 | 1,077 |
Number of shares outstanding | ||||||
24 | 24 | 24 | 24 | 24 | 24 | - |
Book value per share | ||||||
10.08 | 10.68 | 10.71 | 10.49 | 10.76 | 10.75 | 11.80 |
Investment Company Accounting [Member] | ||||||
Cash | ||||||
- | - | - | - | - | - | 12 |
Equity investments, at fair value | ||||||
- | - | - | - | - | - | 5 |
Net investments | ||||||
- | - | - | - | - | - | 610 |
Accrued interest receivable | ||||||
- | - | - | - | - | - | 0 |
Property and equipment, net | ||||||
- | - | - | - | - | - | 0 |
Investments other than securities | ||||||
- | - | - | - | - | - | 7 |
Other assets | ||||||
- | - | - | - | - | - | 4 |
Total assets | ||||||
- | - | - | - | - | - | 635 |
Accounts payable and accrued expenses | ||||||
- | - | - | - | - | - | 4 |
Accrued interest payable | ||||||
- | - | - | - | - | - | 3 |
Deferred tax liabilities and other tax payables | ||||||
- | - | - | - | - | - | 12 |
Funds borrowed | ||||||
- | - | - | - | - | - | 327 |
Total liabilities | ||||||
- | - | - | - | - | - | 348 |
Common stock (50,000,000 shares of $0.01 par value stock authorized - 27,385,600 shares at December 31, 2018 and 27,294,327 shares at December 31, 2017 issued) | ||||||
- | - | - | - | - | - | 0 |
Additional paid in capital | ||||||
- | - | - | - | - | - | 273 |
Treasury stock (2,951,243 shares at December 31, 2018 and December 31, 2017) | ||||||
- | - | - | - | - | - | 24 |
Accumulated undistributed net investment loss | ||||||
- | - | - | - | - | - | 65 |
Net unrealized appreciation on investments, net of tax | ||||||
- | - | - | - | - | - | 103 |
Total stockholders' equity | ||||||
- | - | - | - | - | - | 287 |
Total equity | ||||||
- | - | - | - | - | - | 287 |
Total liabilities and equity | ||||||
- | - | - | - | - | - | 635 |
Number of shares outstanding | ||||||
- | - | - | - | - | - | 24 |
Book value per share/net asset value per share | ||||||
- | - | - | - | - | - | 11.80 |
Medallion Bank and Other Controlled Subsidiaries [Member] | ||||||
Investment in affiliates | ||||||
- | - | - | - | - | - | 302 |
Bank Holding Company Accounting [Member] | ||||||
Allowance for losses | ||||||
- | - | - | - | - | - | 0 |