|                                                           |                                 |
|----------------------------------------------------------------|--------------------------------------|
| Indiana                                                        | 35-1908796                           |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
|                                                           |                                 |

|   | Large Accelerated Filer  o                                                  | Accelerated Filer  o         |
|--------|---------------------------------------------------------------------------------------|----------------------------------------|
|   |                                                                                  |                                   |
|   | Non-Accelerated Filer  o(Do not check if a smaller reporting company)  | Smaller Reporting Company  x |

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|          |                                                                                                               | PAGE   |
|---------------|--------------------------------------------------------------------------------------------------------------------|--------|
| PART I.       | FINANCIAL INFORMATION                                                                                              |   |
|          |                                                                                                               |   |
| Item 1.       | Financial Statements                                                                                               |   |
|          |                                                                                                               |   |
|          | Condensed Consolidated Balance Sheets as of March 31, 2010 (Unaudited) and December 31, 2009                       | 1      |
|          |                                                                                                               |   |
|          | Unaudited Condensed Consolidated Statements of Operations for the Quarters Ended March 31, 2010 and 2009           | 2      |
|          |                                                                                                               |   |
|          | Unaudited Condensed Consolidated Statements of Comprehensive Income for the Quarters Ended March 31, 2010 and 2009 | 3      |
|          |                                                                                                               |   |
|          | Unaudited Condensed Consolidated Statements of Cash Flows for the Quarters Ended March 31, 2010 and 2009           | 4      |
|          |                                                                                                               |   |
|          | Notes to Unaudited Condensed Consolidated Financial Statements                                                     | 5      |
|          |                                                                                                               |   |
| Item 2.       | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 13     |
|          |                                                                                                               |   |
| Item 4T.      | Controls and Procedures                                                                                            | 23     |
|          |                                                                                                               |   |
| PART II.      | OTHER INFORMATION                                                                                                  |   |
|          |                                                                                                               |   |
| Item 2.       | Unregistered Sales of Equity Securities and Use of Proceeds                                                        | 24     |
|          |                                                                                                               |   |
| Item 5.       | Other Information                                                                                                  | 24     |
|          |                                                                                                               |   |
| Item 6.       | Exhibits                                                                                                           | 25     |
|          |                                                                                                               |   |
| SIGNATURES    | 26                                                                                                                 |
|          |                                                                                                               |   |
| EXHIBIT INDEX | 27                                                                                                                 |

----

|                                                                                                                    |   | March 31, 2010 |    |   | December 31, 2009 |   |
|-------------------------------------------------------------------------------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
| ASSETS                                                                                                                  |   | (Unaudited)    |    |   |              |   |
|                                                                                                                    |   |           |    |   |              |   |
| Cash and cash equivalents                                                                                               |   | $              | 4,906   |   |              | $      | 6,797 |   |
| Finance receivables—net                                                                                           |   |           | 90,293  |   |              |   | 88,612 |   |
| Deferred tax assets—net                                                                                           |   |           | 44,082  |   |              |   | 44,711 |   |
| Other assets                                                                                                            |   |           | 817     |   |              |   | 836 |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| TOTAL                                                                                                                   |   | $              | 140,098 |   |              | $      | 140,956 |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                              |   |           |    |   |              |   |   |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| LIABILITIES:                                                                                                            |   |           |    |   |              |   |   |   |
| Line of credit                                                                                                          |   | $              | 40,000  |   |              | $      | 40,000 |   |
| Accrued interest                                                                                                        |   |           | 104     |   |              |   | 107 |   |
| Creditor notes payable                                                                                                  |   |           | 4       |   |              |   | 7 |   |
| Other payables and accrued expenses                                                                                     |   |           | 1,464   |   |              |   | 1,726 |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| Total liabilities                                                                                                       |   |           | 41,572  |   |              |   | 41,840 |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| SHAREHOLDERS’ EQUITY:                                                                                             |   |           |    |   |              |   |   |   |
| Preferred Stock, without par value, authorized                                                                          |   |           |    |   |              |   |   |   |
| 3,000,000 shares; none issued and outstanding                                                                           |   |           | -       |   |              |   | - |   |
| Common Stock, without par value, authorized                                                                             |   |           |    |   |              |   |   |   |
| 20,000,000 shares; 3,922,989 and 3,997,506 issued and outstanding at March 31, 2010 and December 31, 2009, respectively |   |           | 180,907 |   |              |   | 181,845 |   |
| Accumulated other comprehensive income, net of taxes                                                                    |   |           | 1       |   |              |   | 3 |   |
| Accumulated deficit                                                                                                     |   |           | (82,382 | )      |              |   | (82,732 | ) |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| Total shareholders’ equity                                                                                        |   |           | 98,526  |   |              |   | 99,116 |   |
|                                                                                                                    |   |           |    |   |              |   |   |   |
| TOTAL                                                                                                                   |   | $              | 140,098 |   |              | $      | 140,956 |   |

----

|                                                            |   | Quarters Ended March 31, |      |
|-----------------------------------------------------------------|--------|--------------------------|-----------|
|                                                            |   | 2010                     |      |   | 2009 |   |
| INTEREST:                                                       |   |                     |      |   |   |   |
| Interest on receivables                                         |   | $                        | 7,856     |   |   | $ | 7,457 |   |
| Accretion and other interest                                    |   |                     | 9         |   |   |   | 204 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| Total interest income                                           |   |                     | 7,865     |   |   |   | 7,661 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| Interest expense                                                |   |                     | (348      | ) |   |   | (381 | ) |
|                                                            |   |                     |      |   |   |   |   |   |
| Net interest margin                                             |   |                     | 7,517     |   |   |   | 7,280 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| Provision for estimated credit losses                           |   |                     | (1,852    | ) |   |   | (1,812 | ) |
|                                                            |   |                     |      |   |   |   |   |   |
| Net interest margin after provision for estimated credit losses |   |                     | 5,665     |   |   |   | 5,468 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| OTHER REVENUES (EXPENSES):                                      |   |                     |      |   |   |   |   |   |
| Salaries and benefits                                           |   |                     | (2,255    | ) |   |   | (2,119 | ) |
| Third party servicing expense                                   |   |                     | (1        | ) |   |   | (14 | ) |
| Other operating expenses                                        |   |                     | (1,368    | ) |   |   | (1,404 | ) |
| Change in fair market valuation of creditor notes payable       |   |                     | 46        |   |   |   | 2 |   |
| Gain from deficiency account sale                               |   |                     | 1         |   |   |   | 162 |   |
| Other expense                                                   |   |                     | (33       | ) |   |   | (51 | ) |
|                                                            |   |                     |      |   |   |   |   |   |
| Total other expenses                                            |   |                     | (3,610    | ) |   |   | (3,424 | ) |
|                                                            |   |                     |      |   |   |   |   |   |
| INCOME BEFORE INCOME TAXES                                      |   |                     | 2,055     |   |   |   | 2,044 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| INCOME TAX EXPENSE                                              |   |                     | (708      | ) |   |   | (770 | ) |
|                                                            |   |                     |      |   |   |   |   |   |
| NET INCOME                                                      |   | $                        | 1,347     |   |   | $ | 1,274 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| NET INCOME PER COMMON SHARE (BASIC)                             |   | $                        | 0.34      |   |   | $ | 0.31 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| NET INCOME PER COMMON SHARE (DILUTED)                           |   | $                        | 0.34      |   |   | $ | 0.31 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| BASIC WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING      |   |                     | 3,974,897 |   |   |   | 4,046,568 |   |
|                                                            |   |                     |      |   |   |   |   |   |
| DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING    |   |                     | 3,976,198 |   |   |   | 4,050,060 |   |
|                                                            |   |                     |      |   |   |   |   |   |

----

|                                                                                           |   | Quarters Ended March 31, |   |
|------------------------------------------------------------------------------------------------|--------|--------------------------|--------|
|                                                                                           |   | 2010                     |   |   | 2009 |   |
|                                                                                           |   |                     |   |   |   |   |
| NET INCOME                                                                                     |   | $                        | 1,347  |   |   | $ | 1,274 |   |
|                                                                                           |   |                     |   |   |   |   |   |   |
| OTHER COMPREHENSIVE INCOME:                                                                    |   |                     |   |   |   |   |   |   |
| Net unrealized change on recombined assets and Beneficial Interest in Master Trust, net of tax |   |                     | (4     | ) |   |   | (123 | ) |
|                                                                                           |   |                     |   |   |   |   |   |   |
| COMPREHENSIVE INCOME                                                                           |   | $                        | 1,343  |   |   | $ | 1,151 |   |

----

|                                                                                        |   | Quarters Ended March 31, |    |
|---------------------------------------------------------------------------------------------|--------|--------------------------|---------|
|                                                                                        |   | 2010                     |    |   | 2009 |   |
| CASH FLOWS FROM OPERATING ACTIVITIES:                                                       |   |                     |    |   |   |   |
| Net income                                                                                  |   | $                        | 1,347   |   |   | $ | 1,274 |   |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: |   |                     |    |   |   |   |   |   |
| Accretion of other comprehensive income                                                     |   |                     | (4      | ) |   |   | (193 | ) |
| Accretion of securitization discount                                                        |   |                     | (1      | ) |   |   | (26 | ) |
| Provision for estimated credit losses                                                       |   |                     | 1,852   |   |   |   | 1,811 |   |
| Amortization and depreciation                                                               |   |                     | 147     |   |   |   | 118 |   |
| Gain from disposition of equipment                                                          |   |                     | 3       |   |   |   | - |   |
| Deferred income taxes                                                                       |   |                     | 631     |   |   |   | 762 |   |
| Change in fair value of creditor notes payable                                              |   |                     | (46     | ) |   |   | (2 | ) |
| Stock based compensation expense                                                            |   |                     | 299     |   |   |   | 82 |   |
| Changes in assets and liabilities:                                                          |   |                     |    |   |   |   |   |   |
| Accrued interest receivable and other assets                                                |   |                     | (81     | ) |   |   | (180 | ) |
| Other payables and accrued expenses                                                         |   |                     | (267    | ) |   |   | (345 | ) |
| Net cash provided by operating activities                                                   |   |                     | 3,880   |   |   |   | 3,301 |   |
|                                                                                        |   |                     |    |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES:                                                       |   |                     |    |   |   |   |   |   |
| Purchase of finance receivables                                                             |   |                     | (16,904 | ) |   |   | (16,666 | ) |
| Collections on finance receivables                                                          |   |                     | 13,292  |   |   |   | 11,144 |   |
| Principal collections and recoveries on receivables held for investment                     |   |                     | 80      |   |   |   | 691 |   |
| Capital expenditures                                                                        |   |                     | (6      | ) |   |   | (18 | ) |
| Net cash used in investing activities                                                       |   |                     | (3,538  | ) |   |   | (4,849 | ) |
|                                                                                        |   |                     |    |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES:                                                       |   |                     |    |   |   |   |   |   |
| Common stock repurchased                                                                    |   |                     | (1,237  | ) |   |   | - |   |
| Common stock cash dividend                                                                  |   |                     | (996    | ) |   |   | - |   |
| Principal payments on creditor notes payable                                                |   |                     | -       |   |   |   | (76 | ) |
| Net borrowing on line of credit                                                             |   |                     | -       |   |   |   | 1,500 |   |
| Net cash provided by (used in) financing activities                                         |   |                     | (2,233  | ) |   |   | 1,424 |   |
|                                                                                        |   |                     |    |   |   |   |   |   |
| DECREASE IN CASH AND CASH EQUIVALENTS                                                       |   |                     | (1,891  | ) |   |   | (124 | ) |
| CASH AND CASH EQUIVALENTS—Beginning of year                                           |   |                     | 6,797   |   |   |   | 6,403 |   |
| CASH AND CASH EQUIVALENTS—End of period                                               |   | $                        | 4,906   |   |   | $ | 6,279 |   |
|                                                                                        |   |                     |    |   |   |   |   |   |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:                                          |   |                     |    |   |   |   |   |   |
| Interest paid                                                                               |   | $                        | 308     |   |   | $ | 695 |   |

----

| 1.   BASIS OF PRESENTATION |
|-------------------------------------------|

| 2.   GENERAL DISCUSSION |
|----------------------------------------|

----

| 3.   FINANCE RECEIVABLES – NET |
|-----------------------------------------------------|

|   |                                                                              |   | March 31, |    |   | December 31, |   |
|--------|-----------------------------------------------------------------------------------|--------|-----------|---------|--------|--------------|--------|
|   |                                                                              |   | 2010      |    |   | 2009         |   |
|   |                                                                              |   |      |    |   |         |   |
|   | Finance receivables, gross                                                        |   | $         | 113,019 |   |         | $      | 110,847 |   |
|   | Unearned interest                                                                 |   |      | (1,996  | )      |         |   | (2,171 | ) |
|   | Finance receivables, net of unearned finance charge income                        |   |      | 111,023 |   |         |   | 108,676 |   |
|   |                                                                              |   |      |    |   |         |   |   |   |
|   | Accretable unearned acquisition discounts and fees                                |   |      | (12,515 | )      |         |   | (12,039 | ) |
|   | Finance receivables, net of unearned finance charge income and discounts and fees |   |      | 98,508  |   |         |   | 96,637 |   |
|   |                                                                              |   |      |    |   |         |   |   |   |
|   | Allowance for loan losses                                                         |   |      | (8,235  | )      |         |   | (8,085 | ) |
|   |                                                                              |   |      |    |   |         |   |   |   |
|   | Finance receivables - net                                                         |   | $         | 90,273  |   |         | $      | 88,552 |   |

|   |                                  |   | Quarters Ended March 31, |   |
|--------|---------------------------------------|--------|--------------------------|--------|
|   |                                  |   | 2010                     |   |   | 2009 |   |
|   |                                  |   |                     |   |   |   |   |
|   | Balance at beginning of period        |   | $                        | 8,085  |   |   | $ | 7,560 |   |
|   | Charge-offs, net of recoveries        |   |                     | (1,741 | ) |   |   | (1,801 | ) |
|   | Provision for estimated credit losses |   |                     | 1,891  |   |   |   | 1,926 |   |
|   |                                  |   |                     |   |   |   |   |   |   |
|   | Balance at the end of the period      |   | $                        | 8,235  |   |   | $ | 7,685 |   |

----

|   |                                     |   | March 31, |   |   | December 31, |   |
|--------|------------------------------------------|--------|-----------|--------|--------|--------------|--------|
|   |                                     |   | 2010      |   |   | 2009         |   |
|   |                                     |   |      |   |   |         |   |
|   | Principal balance of finance receivables |   | $         | 20     |   |         | $      | 61 |   |
|   | Unearned discount                        |   |      | -      |   |         |   | (1 | ) |
|   |                                     |   |      |   |   |         |   |   |   |
|   | Finance receivables—net            |   | $         | 20     |   |         | $      | 60 |   |

|   |                                 |   | Quarters Ended March 31, |   |
|--------|--------------------------------------|--------|--------------------------|--------|
|   |                                 |   | 2010                     |   |   | 2009 |   |
|   |                                 |   |                     |   |   |   |   |
|   | Balance at the beginning of period   |   | $                        | -      |   |   | $ | 7 |   |
|   | Charge-offs                          |   |                     | (11    | ) |   |   | (44 | ) |
|   | Recoveries                           |   |                     | 50     |   |   |   | 151 |   |
|   | Recovery for estimated credit losses |   |                     | (39    | ) |   |   | (114 | ) |
|   |                                 |   |                     |   |   |   |   |   |   |
|   | Balance at the end of the period     |   | $                        | -      |   |   | $ | - |   |

| 4.   OTHER ASSETS |
|----------------------------------|

|   |                                                |   | March 31, |   |   | December 31, |   |
|--------|-----------------------------------------------------|--------|-----------|--------|--------|--------------|--------|
|   |                                                |   | 2010      |   |   | 2009         |   |
|   |                                                |   |      |   |   |         |   |
|   | Prepaid expenses                                    |   | $         | 421    |   |         | $      | 389 |   |
|   | Property, equipment and leasehold improvements, net |   |      | 391    |   |         |   | 441 |   |
|   | Other                                               |   |      | 5      |   |         |   | 6 |   |
|   | Total other assets                                  |   | $         | 817    |   |         | $      | 836 |   |

| 5.   CREDITOR NOTES PAYABLE |
|--------------------------------------------|

----

|   |                                                                        |   | Quarters Ended March 31, |   |
|--------|-----------------------------------------------------------------------------|--------|--------------------------|--------|
|   |                                                                        |   | 2010                     |   |   | 2009 |   |
|   |                                                                        |   |                     |   |   |   |   |
|   | Beginning balance                                                           |   | $                        | 7      |   |   | $ | 128 |   |
|   | Total income included in earnings (recorded as "other revenues (expenses)") |   |                     | (46    | ) |   |   | (2 | ) |
|   | Purchases, issuances and settlements                                        |   |                     | 43     |   |   |   | (73 | ) |
|   | Ending balance                                                              |   | $                        | 4      |   |   | $ | 53 |   |

| 6.   INCOME TAXES |
|----------------------------------|

| 7.   STOCK BASED COMPENSATION |
|----------------------------------------------|

----

|   | Restricted Stock Awards    |   | Shares |   |   | Weighted Average Grant Date Fair Value |   |
|--------|----------------------------|--------|--------|--------|--------|----------------------------------------|--------|
|   |                       |   |   |   |   |                                   |   |
|   | Beginning nonvested awards |   |   | 4,400  |   |                                   | $      | 7.96 |   |
|   | Granted                    |   |   | -      |   |                                   |   | - |   |
|   | Vested                     |   |   | -      |   |                                   |   | - |   |
|   | Forfeited                  |   |   | -      |   |                                   |   | - |   |
|   | Ending nonvested awards    |   |   | 4,400  |   |                                   | $      | 7.96 |   |

----

| 8.   BUSINESS SEGMENT INFORMATION |
|--------------------------------------------------|

|   | For The Quarter Ended March 31, 2010                                       |   | UAC    |   |   | Coastal Credit |   |   | Corporate and Other |   |   | Consolidated |   |
|--------|----------------------------------------------------------------------------|--------|--------|--------|--------|----------------|--------|--------|---------------------|--------|--------|--------------|--------|
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |
|   | Total interest income                                                      |   | $      | 6      |   |           | $      | 7,854  |                |   | $      | 5            |   |   | $ | 7,865 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Interest expense                                                           |   |   | (43    | )      |           |   | (305   | )                   |   |   | -            |   |   |   | (348 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin                                                        |   |   | (37    | )      |           |   | 7,549  |                |   |   | 5            |   |   |   | 7,517 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Recovery (provision) for estimated credit losses                           |   |   | 39     |   |           |   | (1,891 | )                   |   |   | -            |   |   |   | (1,852 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin after recovery (provision) for estimated credit losses |   |   | 2      |   |           |   | 5,658  |                |   |   | 5            |   |   |   | 5,665 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total other expenses                                                       |   |   | (7     | )      |           |   | (2,854 | )                   |   |   | (749         | )      |   |   | (3,610 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income (loss) before income taxes                                          |   |   | (5     | )      |           |   | 2,804  |                |   |   | (744         | )      |   |   | 2,055 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income tax expense                                                         |   |   | -      |   |           |   | -      |                |   |   | (708         | )      |   |   | (708 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net income (loss)                                                          |   | $      | (5     | )      |           | $      | 2,804  |                |   | $      | (1,452       | )      |   | $ | 1,347 |   |

|   | For The Quarter Ended March 31, 2009                                       |   | UAC    |   |   | Coastal Credit |   |   | Corporate and Other |   |   | Consolidated |   |
|--------|----------------------------------------------------------------------------|--------|--------|--------|--------|----------------|--------|--------|---------------------|--------|--------|--------------|--------|
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |
|   | Total interest income                                                      |   | $      | 243    |   |           | $      | 7,408  |                |   | $      | 10           |   |   | $ | 7,661 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Interest expense                                                           |   |   | (43    | )      |           |   | (338   | )                   |   |   | -            |   |   |   | (381 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin                                                        |   |   | 200    |   |           |   | 7,070  |                |   |   | 10           |   |   |   | 7,280 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Recovery (provision) for estimated credit losses                           |   |   | 114    |   |           |   | (1,926 | )                   |   |   | -            |   |   |   | (1,812 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin after recovery (provision) for estimated credit losses |   |   | 314    |   |           |   | 5,144  |                |   |   | 10           |   |   |   | 5,468 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total other expenses                                                       |   |   | (931   | )      |           |   | (2,848 | )                   |   |   | 355          |   |   |   | (3,424 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income (loss) before income taxes                                          |   |   | (617   | )      |           |   | 2,296  |                |   |   | 365          |   |   |   | 2,044 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income tax expense                                                         |   |   | -      |   |           |   | -      |                |   |   | (770         | )      |   |   | (770 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net income (loss)                                                          |   | $      | (617   | )      |           | $      | 2,296  |                |   | $      | (405         | )      |   | $ | 1,274 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |

----

|   |                |   | March 31, |    |   | December 31, |   |
|--------|---------------------|--------|-----------|---------|--------|--------------|--------|
|   |                |   | 2010      |    |   | 2009         |   |
|   |                |   |      |    |   |         |   |
|   | Corporate and other |   | $         | 46,459  |   |         | $      | 47,842 |   |
|   | Coastal Credit      |   |      | 93,390  |   |         |   | 92,848 |   |
|   | UAC                 |   |      | 249     |   |         |   | 266 |   |
|   |                |   |      |    |   |         |   |   |   |
|   |                |   | $         | 140,098 |   |         | $      | 140,956 |   |

| 9.   EARNINGS PER SHARE |
|----------------------------------------|

|   |                                                   |   | Quarters Ended March 31, |      |
|--------|--------------------------------------------------------|--------|--------------------------|-----------|
|   |                                                   |   | 2010                     |      |   | 2009 |   |
|   |                                                   |   |                     |      |   |   |   |
|   | Net income in thousands                                |   | $                        | 1,347     |   |   | $ | 1,274 |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Weighted average shares outstanding                    |   |                     | 3,974,897 |   |   |   | 4,046,568 |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Incremental shares from assumed conversions:           |   |                     |      |   |   |   |   |   |
|   | Stock award plans                                      |   |                     | 1,301     |   |   |   | 3,492 |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Weighted average shares and assumed incremental shares |   |                     | 3,976,198 |   |   |   | 4,050,060 |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Earnings per share:                                    |   |                     |      |   |   |   |   |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Basic                                                  |   | $                        | 0.34      |   |   | $ | 0.31 |   |
|   |                                                   |   |                     |      |   |   |   |   |   |
|   | Diluted                                                |   | $                        | 0.34      |   |   | $ | 0.31 |   |

| 10.   COMMITMENTS AND CONTIGENCIES |
|---------------------------------------------------|

----

| 11.   DIVIDENDS AND SHARE REPURCHASE PROGRAM |
|-------------------------------------------------------------|

|   | Period                               |   | Total Number of Shares Purchased |   |   | Average Price Paid per Share |   |   | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs |   |   | Maximum Number of Shares that May Yet be Purchased Under the Program |   |
|--------|--------------------------------------|--------|----------------------------------|--------|--------|------------------------------|--------|--------|----------------------------------------------------------------------------------|--------|--------|----------------------------------------------------------------------|--------|
|   |                                 |   |                             |   |   |                         |   |   |                                                                             |   |   |                                                                 |   |
|   | January 1, 2010 - January 31, 2010   |   |                             | 24,000 |   |                         | $      | 11.57  |                                                                             |   |   | 24,000                                                               |   |   |   | 409,000 |   |
|   | February 1, 2010 - February 28, 2010 |   |                             | 1,600  |   |                         | $      | 12.24  |                                                                             |   |   | 1,600                                                                |   |   |   | 407,400 |   |
|   | March 1, 2010 - March 31, 2010       |   |                             | 70,800 |   |                         | $      | 13.23  |                                                                             |   |   | 70,800                                                               |   |   |   | 336,600 |   |
|   |                                 |   |                             | 96,400 |   |                         | $      | 12.80  |                                                                             |   |   | 96,400                                                               |   |   |   |   |   |

| 12.   SUBSEQUENT EVENTS |
|----------------------------------------|

----

----

----

|   | For The Quarter Ended March 31, 2010                                       |   | UAC    |   |   | Coastal Credit |   |   | Corporate and Other |   |   | Consolidated |   |
|--------|----------------------------------------------------------------------------|--------|--------|--------|--------|----------------|--------|--------|---------------------|--------|--------|--------------|--------|
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |
|   | Interest on receivables                                                    |   | $      | 2      |   |           | $      | 7,854  |                |   | $      | -            |   |   | $ | 7,856 |   |
|   | Accretion and other interest                                               |   |   | 4      |   |           |   | -      |                |   |   | 5            |   |   |   | 9 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total interest income                                                      |   |   | 6      |   |           |   | 7,854  |                |   |   | 5            |   |   |   | 7,865 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Interest expense                                                           |   |   | (43    | )      |           |   | (305   | )                   |   |   | -            |   |   |   | (348 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin                                                        |   |   | (37    | )      |           |   | 7,549  |                |   |   | 5            |   |   |   | 7,517 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Recovery (provision) for estimated credit losses                           |   |   | 39     |   |           |   | (1,891 | )                   |   |   | -            |   |   |   | (1,852 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin after recovery (provision) for estimated credit losses |   |   | 2      |   |           |   | 5,658  |                |   |   | 5            |   |   |   | 5,665 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total other expenses                                                       |   |   | (7     | )      |           |   | (2,854 | )                   |   |   | (749         | )      |   |   | (3,610 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income (loss) before income taxes                                          |   |   | (5     | )      |           |   | 2,804  |                |   |   | (744         | )      |   |   | 2,055 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income tax expense                                                         |   |   | -      |   |           |   | -      |                |   |   | (708         | )      |   |   | (708 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net income (loss)                                                          |   | $      | (5     | )      |           | $      | 2,804  |                |   | $      | (1,452       | )      |   | $ | 1,347 |   |

|   | For The Quarter Ended March 31, 2009                                       |   | UAC    |   |   | Coastal Credit |   |   | Corporate and Other |   |   | Consolidated |   |
|--------|----------------------------------------------------------------------------|--------|--------|--------|--------|----------------|--------|--------|---------------------|--------|--------|--------------|--------|
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |
|   | Interest on receivables                                                    |   | $      | 49     |   |           | $      | 7,408  |                |   | $      | -            |   |   | $ | 7,457 |   |
|   | Accretion and other interest                                               |   |   | 194    |   |           |   | -      |                |   |   | 10           |   |   |   | 204 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total interest income                                                      |   |   | 243    |   |           |   | 7,408  |                |   |   | 10           |   |   |   | 7,661 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Interest expense                                                           |   |   | (43    | )      |           |   | (338   | )                   |   |   | -            |   |   |   | (381 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin                                                        |   |   | 200    |   |           |   | 7,070  |                |   |   | 10           |   |   |   | 7,280 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Recovery (provision) for estimated credit losses                           |   |   | 114    |   |           |   | (1,926 | )                   |   |   | -            |   |   |   | (1,812 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net interest margin after recovery (provision) for estimated credit losses |   |   | 314    |   |           |   | 5,144  |                |   |   | 10           |   |   |   | 5,468 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Total other revenues (expenses)                                            |   |   | (931   | )      |           |   | (2,848 | )                   |   |   | 355          |   |   |   | (3,424 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income before income taxes                                                 |   |   | (617   | )      |           |   | 2,296  |                |   |   | 365          |   |   |   | 2,044 |   |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Income tax expense                                                         |   |   | -      |   |           |   | -      |                |   |   | (770         | )      |   |   | (770 | ) |
|   |                                                                       |   |   |   |   |           |   |   |                |   |   |         |   |   |   |   |   |
|   | Net income (loss)                                                          |   | $      | (617   | )      |           | $      | 2,296  |                |   | $      | (405         | )      |   | $ | 1,274 |   |

----

----

----

----

|   |                                |   | March 31, 2010 |    |   | December 31, 2009 |   |
|--------|-------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|   |                                |   | $              |    |   |              | %      |   |   | $ |   |   |   | % |   |
|   |                                |   |           |    |   |              |   |   |   |   |   |   |   |   |   |
|   | Finance receivables - gross balance |   | $              | 113,019 |   |              |   |   |   |   | $ | 110,847 |   |   |   |   |   |
|   |                                |   |           |    |   |              |   |   |   |   |   |   |   |   |   |   |   |
|   | Delinquencies:                      |   |           |    |   |              |   |   |   |   |   |   |   |   |   |   |   |
|   | 30-59 days                          |   | $              | 897     |   |              |   | 0.8 | % |   | $ | 1,301 |   |   |   | 1.2 | % |
|   | 60-89 days                          |   |           | 698     |   |              |   | 0.6 | % |   |   | 1,107 |   |   |   | 1.0 | % |
|   | 90+ days                            |   |           | 1,496   |   |              |   | 1.3 | % |   |   | 1,706 |   |   |   | 1.5 | % |
|   | Total delinquencies                 |   | $              | 3,091   |   |              |   | 2.7 | % |   | $ | 4,114 |   |   |   | 3.7 | % |

----

|   |                                                                                            |   | Quarters Ended March 31, |    |
|--------|-------------------------------------------------------------------------------------------------|--------|--------------------------|---------|
|   |                                                                                            |   | 2010                     |    |   | 2009 |   |
|   |                                                                                            |   |                     |    |   |   |   |
|   | Balance at beginning of period                                                                  |   | $                        | 8,085   |   |   | $ | 7,560 |   |
|   | Charge-offs, net of recoveries                                                                  |   |                     | (1,741  | ) |   |   | (1,801 | ) |
|   | Provision for estimated credit losses                                                           |   |                     | 1,891   |   |   |   | 1,926 |   |
|   |                                                                                            |   |                     |    |   |   |   |   |   |
|   | Balance at the end of the period                                                                |   | $                        | 8,235   |   |   | $ | 7,685 |   |
|   |                                                                                            |   |                     |    |   |   |   |   |   |
|   | Finance receivables, net of unearned finance charges                                            |   | $                        | 111,023 |   |   | $ | 106,135 |   |
|   |                                                                                            |   |                     |    |   |   |   |   |   |
|   | Allowance for loan losses as a percent of finance receivables, net of unearned finance charges  |   |                     | 7.42    | % |   |   | 7.24 | % |
|   |                                                                                            |   |                     |    |   |   |   |   |   |
|   | Annualized net charge-offs as a percent of finance receivables, net of unearned finance charges |   |                     | 6.27    | % |   |   | 6.79 | % |
|   |                                                                                            |   |                     |    |   |   |   |   |   |
|   | Allowance for loan losses as a percent of annualized net charge-offs                            |   |                     | 118.25  | % |   |   | 106.68 | % |

|   |                                  |   | March 31, 2010 |   |   | December 31, 2009 |   |
|--------|---------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|   |                                  |   | $              |   |   |              | %      |   |   | $  |   |   |   | % |   |
|   |                                  |   |           |   |   |              |   |   |   |   |   |   |   |   |   |
|   | Finance receivables principal balance |   | $              | 20     |   |              |   |   |   |   | $ | 61 |   |   |   |   |   |
|   |                                  |   |           |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
|   | Delinquencies:                        |   |           |   |   |              |   |   |   |   |   |   |   |   |   |   |   |
|   | 30-59 days                            |   | $              | 6      |   |              |   | 30.0 | % |   | $ | 15 |   |   |   | 24.6 | % |
|   | 60-89 days                            |   |           | 3      |   |              |   | 15.0 | % |   |   | 9 |   |   |   | 14.8 | % |
|   | 90+ days                              |   |           | 1      |   |              |   | 5.0 | % |   |   | 3 |   |   |   | 4.9 | % |
|   | Total delinquencies                   |   | $              | 10     |   |              |   | 50.0 | % |   | $ | 27 |   |   |   | 44.3 | % |
|   |                                  |   |           |   |   |              |   |   |   |   |   |   |   |   |   |   |   |

----

|   |                                                          |   | Quarters Ended March 31, |   |
|--------|---------------------------------------------------------------|--------|--------------------------|--------|
|   |                                                          |   | 2010                     |   |   | 2009 |   |
|   |                                                          |   |                     |   |   |   |   |
|   | Balance at the beginning of period                            |   | $                        | -      |   |   | $ | 7 |   |
|   | Charge-offs                                                   |   |                     | (11    | ) |   |   | (44 | ) |
|   | Recoveries                                                    |   |                     | 50     |   |   |   | 151 |   |
|   | Recovery for estimated credit losses                          |   |                     | (39    | ) |   |   | (114 | ) |
|   |                                                          |   |                     |   |   |   |   |   |   |
|   | Balance at the end of the period                              |   | $                        | -      |   |   | $ | - |   |
|   |                                                          |   |                     |   |   |   |   |   |   |
|   | Net recoveries                                                |   | $                        | (39    | ) |   | $ | (107 | ) |
|   | Finance receivables                                           |   | $                        | 20     |   |   | $ | 520 |   |
|   |                                                          |   |                     |   |   |   |   |   |   |
|   | Allowance for loan losses as a percent of finance receivables |   |                     | 0.00   | % |   |   | 0.00 | % |

|   | · | Coastal Credit is not dependent on the securitization market for financing. |
|--------|--------|-----------------------------------------------------------------------------|

|   | · | At March 31, 2010, there was $41.7 million available, in excess of the amount utilized, from the line of credit, which does not expire until December 2011. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | White River is very well capitalized with an equity to asset ratio of 70.3% as of March 31, 2010. |
|--------|--------|---------------------------------------------------------------------------------------------------|

----

|   | · | the risks and uncertainties discussed in White River’s Annual Report on Form 10-K; |
|--------|--------|------------------------------------------------------------------------------------------|

|   | · | general economic, market, or business conditions; |
|--------|--------|---------------------------------------------------|

|   | · | changes in economic variables, such as the availability of business and consumer credit, conditions in the housing market, energy costs, the number and size of personal bankruptcy filings, the rate of unemployment and the levels of consumer confidence and consumer debt; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes in interest rates, the cost of funds, and demand for White River’s financial services; |
|--------|--------|------------------------------------------------------------------------------------------------------|

|   | · | the level and volatility of equity prices, commodity prices, currency values, investments, and other market fluctuations and other market indices; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes in White River’s competitive position; |
|--------|--------|------------------------------------------------------|

|   | · | White River’s ability to manage growth; |
|--------|--------|-----------------------------------------------|

|   | · | the opportunities that may be presented to and pursued by White River; |
|--------|--------|------------------------------------------------------------------------|

|   | · | competitive actions by other companies; |
|--------|--------|-----------------------------------------|

|   | · | changes in laws or regulations, including the impact of current, pending and future legislation and regulation, including the impact of federal economic and financial markets recovery legislation, recently enacted federal health care reform legislation, and potential comprehensive financial system regulatory reform legislation: |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | changes in the policies of federal or state regulators and agencies, and |
|--------|--------|--------------------------------------------------------------------------|

|   | · | other circumstances, many of which are beyond White River’s control. |
|--------|--------|----------------------------------------------------------------------------|

----

----

----

|   | 1. | The election to the Board of Directors of the following individuals to hold office until the next annual meeting of shareholders and until their successors are duly elected and qualified: |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |                  |   | Number of Votes |
|--------|-----------------------|--------|-----------------|
|   | Director              |   | For             |   | Withheld |   | Broker Non-Votes |
|   | John M. Eggemeyer     |   | 2,770,397       |   | 88,167 |   | -0- |
|   | Thomas C. Heagy       |   | 2,770,537       |   | 88,027 |   | -0- |
|   | William E. McKnight   |   | 2,770,537       |   | 88,027 |   | -0- |
|   | Daniel W. Porter      |   | 2,770,537       |   | 88,027 |   | -0- |
|   | John W. Rose          |   | 2,741,184       |   | 117,380 |   | -0- |
|   | Richard D. Waterfield |   | 2,770,536       |   | 88,028 |   | -0- |

----

|   | 2. | A proposal to approve amendments to White River’s Directors Stock Compensation Plan to (i) increase the number of shares of common stock available for issuance under the plan from 50,000 to 100,000, and (ii) extend the term of the plan to December 31, 2015: |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Number of Votes |   |
|--------|-----------------|--------|
|   | For             |   | Against |   | Abstain |   | Broker Non-Votes |   |
|   | 2,732,461       |   | 95,138 |   | 30,965 |   | -0- |   |

| No.  |   | Description                                                                                                            |
|------|--------|------------------------------------------------------------------------------------------------------------------------|
| 10.1 |   | White River Capital, Inc. Directors Stock Compensation Plan, amended as of May 6, 2010                                 |
| 31.1 |   | CEO Certification required by 17 C.F.R. Section 240.13a-14(a)                                                          |
| 31.2 |   | CFO Certification required by 17 C.F.R. Section 240.13a-14(a)                                                          |
| 32   |   | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |
| 99.1 |   | Letter from Huizenga Opportunity Partners, LP to Board of Directors of White River Capital, Inc. dated April 12, 2010  |

----

|         |                      |                                                                     |
|--------------|---------------------------|--------------------------------------------------------------------------|
|         | White River Capital, Inc. |
|         | (Registrant)              |
|         |                      |                                                                     |
|         |                      |                                                                     |
| May 11, 2010 | By:                       | /s/ Martin J. Szumski                                                    |
|         |                      | Martin J. Szumski                                                        |
|         |                      | Chief Financial Officer                                                  |
|         |                      | (Signing on behalf of the registrant and as Principal Financial Officer) |
|         |                      |                                                                     |

----

| No.    |         | Description                                                                                                                                                                         |         | Location |
|--------|--------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|----------|
| 10.1   |         | White River Capital, Inc. Directors Stock Compensation Plan, amended as of May 6, 2010                                                                                              |         | Attached |
| 31.1   |    | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002CEO Certification required by 17 C.F.R. Section 240.13a-14(a) |    | Attached |
| 31.2   |         | CFO Certification required by 17 C.F.R. Section 240.13a-14(a)                                                                                                                       |         | Attached |
| 32     |         | Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002                                                              |         | Attached |
| 99.1   |         | Letter from Huizenga Opportunity Partners, LP to Board of Directors of White River Capital, Inc. dated April 12, 2010                                                               |         | Attached |
|   |         |                                                                                                                                                                                |         |     |
|   |         |                                                                                                                                                                                |         |     |