Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 100

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 7
Chunk 100
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 less than $25054 42 12 25 22 3 Change in interest expense4,459 129 4,330 (133)(243)110 Change in net interest income and expense$32,553 $(1,626)$34,179 $27,965 $28,408 $(443)

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(1)The change in interest income and expense not solely due to changes in volume or rate has been allocated on a pro-rata basis to the volume and rate columns.

Maturities and Sensitivities to Changes in Interest Rates

The following table presents contractual maturities of loans by type. All of our loans due after one year are based upon fixed interest rates under the stated terms of the loan agreements:

Due in one year or lessDue after one year through five yearsDue after five years through fifteen yearsDue after fifteen yearsTotal(In thousands)Residential$14 $518 $6,342 $— $6,874 Commercial 2,585 — — — 2,585 Installment1,029 807 3,604 — 5,440 Consumer25,536 — — — 25,536 Secured credit card9,068 — — — 9,068 Total fixed-income securities$38,232 $1,325 $9,946 $— $49,503 

52

Allocation of Reserve of Credit Losses

The following table shows the reserve for credit losses allocated to each loan category:

December 31, 2024December 31, 2023AmountPercent of loans in each category to total loansAmountPercent of loans in each category to total loans(In thousands, except percentages)Residential$83 0.5 %$67 0.6 %Commercial38 0.2 31 0.3 Installment59 0.3 66 0.6 Consumer16,161 92.1 10,032 88.1 Secured credit card1,201 6.9 1,187 10.4 Total$17,542 100.0 %$11,383 100.0 %

Deposits

The following table shows Green Dot Bank’s average deposits and the annualized average rate paid on those deposits for the years ended December 31, 2024, 2023, and 202