Company: GDOT
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001386278-25-000064
Chunk: 140

Company: GREEN DOT CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 140
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,781 $3 $(367,982)$2,032,802 As of June 30, 2025 and December 31, 2024, the gross unrealized losses and fair values of available-for-sale investment securities that were in unrealized loss positions were as follows:Less than 12 months12 months or moreTotal fair valueTotal unrealized lossFair valueUnrealized lossFair valueUnrealized loss(In thousands)June 30, 2025Agency bond securities$— $— $153,542 $(25,684)$153,542 $(25,684)Agency mortgage-backed securities117,109 (469)1,076,985 (247,373)1,194,094 (247,842)Municipal bonds— — 22,365 (6,454)22,365 (6,454)Asset-backed securities50,583 (204)— — 50,583 (204)Total investment securities$167,692 $(673)$1,252,892 $(279,511)$1,420,584 $(280,184)December 31, 2024Corporate bonds$— $— $9,890 $(110)$9,890 $(110)Agency bond securities— — 202,496 (38,132)202,496 (38,132)Agency mortgage-backed securities15,311 (937)1,781,301 (322,530)1,796,612 (323,467)Municipal bonds— — 22,843 (6,273)22,843 (6,273)Total investment securities$15,311 $(937)$2,016,530 $(367,045)$2,031,841 $(367,982)

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 4—Investment Securities (continued)Our investments generally consist of highly rated securities, substantially all of which are directly or indirectly backed by the U.S. federal government, as our investment policy restricts our investments to highly liquid, low credit risk assets. As such, we have not recorded any credit-related impairment loss during the three and six months ended June 30, 2025 or 2024 on our available-for-sale investment securities. Unrealized losses as of June 30, 202