that your and Thanks, Garrett, are the of XXXX serve to us the communities all are families and you safe at earnings and our our our times difficult I and nation the These regional customers, On first COVID-XX pandemic. quarter call. for families and welcome to we that of as behalf hope struggles for everyone management, healthy. navigate
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Combining March This March $XXX.X debt XX, portfolio. with our XX. portfolio our equity million and losses to of to debt and equates X.XX equity absorb our tangible of XX% of respectively. equity provides stockholders' losses of ratios capacity to funded for as were million credit allowance million us of and our to of X.XX $XXX.X on funded our As X, $XXX.X to
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compares which million our Over to define loss our XX. of total XX-month as portfolio providing less and margin, general XX March additional administrative roughly or expenses we protection. This $XXX.X months, us trailing past of NCL X.X%, a as of totaled the revenue interest expense, outstanding XX% rate and
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than our business addition, fund of subject pandemic. of to throughout capacity to believe growth. more runway the had credit the operations substantial adequate In future on a support approximately quarter various allowing as we capacity borrowing $XXX In our end, unused facilities, have million the we we of base, COVID-XX fundamental sum, to
revenues quarter grew of the credit of back digits the first prior to period. year-over-year, XX.X% first the by loss Both XXXX. network year an grew quarter by quarter. strong. while XX.X% quarter double annualized from in first with our Credit performance finance receivables by XX.X% remains and The fundamentals compared of business net benign relatively receivables XX.X% Turning The increased to the the to revenue XXXX. compared remained of in first rate
of last to a Our the was stable end XX-plus compared rate delinquency X.X% first March XX at of quarter the as X.X% year. day
from reserves, assumes of the the solid is recovery based for our quarter, of a as trough economic related line on GDP additional of scenario our provision credit reserve our in will in revenues. latter COVID-XX XX% We the that and as second losses customized reflected additional half peak at in drop COVID-XX with top in Offsetting in own year. unemployment to $XX.X provision the to $X.X insurance the well million sometime unemployment an million was trust second beginning peak XX% which
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on With financials. color additional to that, over the Mike I'll call our now to provide turn
