Company: GDOT
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001386278-25-000076
Chunk: 57

Company: GREEN DOT CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 57
---
ITEM 1. Financial Statements

GREEN DOT CORPORATION

CONSOLIDATED BALANCE SHEETSSeptember 30, 2025December 31, 2024(unaudited)Assets(In thousands, except par value)Current assets:  Unrestricted cash and cash equivalents$1,637,321 $1,592,391 Restricted cash44 44 Investment securities available-for-sale, at fair value— 24,152 Settlement assets718,189 616,172 Accounts receivable, net145,822 132,007 Prepaid expenses and other assets55,489 63,424 Income tax receivable12,661 — Total current assets2,569,526 2,428,190 Investment securities available-for-sale, at fair value2,326,288 2,008,650 Loans to bank customers, net of allowance for credit losses of $21,988 and $17,542 as of September 30, 2025 and December 31, 2024, respectively37,139 31,961 Prepaid expenses and other assets158,887 242,707 Property, equipment, and internal-use software, net200,691 188,363 Operating lease right-of-use assets2,896 10,823 Deferred expenses813 1,242 Net deferred tax assets90,509 124,405 Goodwill and intangible assets380,451 397,941 Total assets$5,767,200 $5,434,282 Liabilities and Stockholders’ Equity  Current liabilities:  Accounts payable$107,098 $103,765 Deposits4,215,340 4,010,520 Obligations to customers247,221 236,616 Settlement obligations53,171 48,482 Amounts due to card issuing banks for overdrawn accounts— 84 Other accrued liabilities159,133 87,675 Operating lease liabilities1,424 2,416 Deferred revenue4,775 6,279 Income tax payable222 6,648 Total current liabilities4,788,384 4,502,485 Other accrued liabilities402 1,045 Operating lease liabilities1,683 8,641 Notes payable63,442 48,526 Total liabilities4,853,911 4,560,697 Commitments and contingencies (