Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 135

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 135
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 purchase transactions4,086 4,284 Accountholder fees2,413 2,564 Receivables due from card issuing banks1,757 1,768 Fee advances, net46,588 41,974 Other receivables41,737 29,874 Accounts receivable, net$132,007 $110,141 

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

Note 5—Accounts Receivable (continued)Activity in the reserve for uncollectible overdrawn accounts from purchase transactions consisted of the following: Year Ended December 31, 202420232022 (In thousands)Balance, beginning of period$5,281 $2,230 $3,394 Provision for uncollectible overdrawn accounts from purchase transactions19,762 24,771 13,771 Charge-offs(23,302)(21,720)(14,935)Balance, end of period$1,741 $5,281 $2,230 

Note 6—Loans to Bank Customers

The following table presents total outstanding loans, gross of the related allowance for credit losses, and a summary of the related payment status:30-59 Days Past Due60-89 Days Past Due90 Days or More Past DueTotal Past DueTotal Current or Less Than 30 Days Past DueTotal Outstanding(In thousands)December 31, 2024Residential$1 $— $— $1 $6,874 $6,875 Commercial— — — — 2,585 2,585 Installment— 933 — 933 4,506 5,439 Consumer1,668 — — 1,668 23,868 25,536 Secured credit card700 700 2,536 3,936 5,132 9,068 Total loans$2,369 $1,633 $2,536 $6,538 $42,965 $49,503 Percentage of outstanding4.8 %3.3 %5.1 %13.2 %86.8 %100.0 %December 31, 2023Residential$— $— $— $— $5,095 $5,095 Commercial