Financials

Capital Impact Partners and Subsidiaries
Consolidated Statements of Financial Position

2013 (AS OF DECEMBER 31) AND 2012

  20132012
Assets
Cash and cash equivalents - unrestricted $16,824,376 $11,301,781
Cash and cash equivalents - restricted 35,530,070 34,900,973
Accounts and interest receivable 2,559,694 3,292,379
Contributions receivable 7,174,778 1,179,363
Investments 4,623,745 4,571,409
Investment in joint venture 2,661,129 2,647,181
 
Loans receivable 159,897,403 143,904,975
   Less:  allowance for loan losses (8,915,755) (9,114,558)
     Loans receivable, net 150,981,648 134,790,417
     Loans receivable - subsidiaries 36,709,530 41,474,750
Other real estate owned, net of valuation allowance
of $0 and $570,178 in 2013 and 2012, respectively
394,9291,313,330
Other assets3,256,2662,530,456

Total assets $260,716,165$238,002,039
 
Liabilities and Net Assets

Liabilities
   Accounts payable and accrued expenses2,917,710  3,614,878
   Revolving line of credit 21,000,000 7,500,000
   Notes payable 62,363,844 51,102,851
   Subordinated debt  8,218,000 8,218,000
   Notes payable - subsidiaries (Note 12) 36,729,152 41,491,344

     Total liabilities131,228,706 111,927,073
Commitments and Contingencies (Notes 15 and 16)
Net Assets
   Unrestricted79,215,513 79,024,200
   Temporarily restricted 48,784,471 45,478,724
   Permanently restricted 1,487,475 1,572,042

Total net assets129,487,459 126,074,966

Total liabilities and net assets $260,716,165 $238,002,039

Key Performance Indicators

TOTAL DISBURSEMENTS
 200520062007200820092010201120122013
On B/S453333.769.186.66132.462.458.8
 71.1105.1136.7208.2147.6195.8153.1124106.6
 
TOTAL LOANS OUTSTANDING
 200520062007200820092010201120122013
Capital Impact Partners79.868.96786.1114.8136.5139.1144160.335
Managed111.5161.7298.8427.9503.6610.8735.6786.6752.068
Total All191.3230.6365.8514618.4747.3874.7930.6912.403
 
CREDIT QUALITY
 200520062007200820092010201120122013
Non-Performing1.50%1.50%2.00%2.60%2.80%2.70%4.00%3.20%1.30%
D300.70%4.80%2.60%0.70%0.10%0.10%0.30%0.20%0.30%
D600.00%0.70%0.60%0.60%2.20%0.60%0.10%0.40%0.20%
Alowance for LLR (%of Total Loans)7.10%8.00%7.50%6.40%5.70%5.80%6.50%6.30%5.60%

Credit-Quality-Indicators