Interest Income Growth
Consumer MHP and dealer loans interest income increased by $1.5 million or 17.3% during the third quarter of 2024 compared to the same period in 2023.
Increase in Loan Portfolios
MHP loan portfolio increased by $22.0 million, and the consumer loan portfolio increased by $15.6 million between September 2023 and September 2024.
Successful Fall Show
The 2024 fall show hosted a record number of customers, leading to orders that extended the backlog into Q1 2025.
Increase in Retail Finance Applications
Applications were up 16% for Q3 2024 compared to Q3 2023, with October 2024 retail finance funding being the highest recorded since December 2020.
Land Sales and Development
Sold excess land in Horseshoe Bay for $2.7 million and progressing on land development projects with significant value increases.
Book Value Increase
Legacy's book value per basic share outstanding was $19.84, an increase of 12.7% from the same period in 2023.