Note 1. Basis of Presentation
Basis of presentation: The consolidated financial statements of Regional Management Corp. (the “Company”) at
March 31, 2012 and for the three months ended March 31, 2012 and 2011 are unaudited and have been prepared in conformity with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 270,
Interim Reporting. In the opinion of management, the interim financial statements include all adjustments, all of which are normal, recurring adjustments that are necessary for a fair presentation of the financial position at March 31, 2012 and
the results of operations and cash flows for the three month periods ended March 31, 2012 and 2011.
The accompanying
financial statements have been prepared in accordance with the accounting policies stated in the Company’s audited financial statements for the year ended December 31, 2011 and should be read in conjunction with the notes to those
consolidated financial statements. These financial statements have also been prepared in accordance with the instructions to Form 10-Q. The consolidated balance sheet data as of December 31, 2011 was derived from the Company’s
audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.
Free historical financial statements for Regional Management Corp.
See how revenue, income, cash flow, and balance sheet financials have changed over 51 quarters since 2012. Compare with RM stock chart to see long term trends.
Data imported from Regional Management Corp SEC filings. Check original filings before making any investment decision.