Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 125

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 125
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 the deferral of new card fees associated with cards sold during the period.

7

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

Note 4—Investment Securities

Our available-for-sale investment securities were as follows:Amortized costGross unrealized gainsGross unrealized lossesFair value(In thousands)March 31, 2025Corporate bonds$10,000 $— $(30)$9,970 Agency bond securities238,184 — (30,208)207,976 Agency mortgage-backed securities2,125,665 12 (262,288)1,863,389 Municipal bonds28,824 — (5,875)22,949 Total investment securities$2,402,673 $12 $(298,401)$2,104,284 December 31, 2024Corporate bonds$10,000 $— $(110)$9,890 Agency bond securities240,628 — (38,132)202,496 Agency mortgage-backed securities2,121,037 3 (323,467)1,797,573 Municipal bonds29,116 — (6,273)22,843 Total investment securities$2,400,781 $3 $(367,982)$2,032,802 As of March 31, 2025 and December 31, 2024, the gross unrealized losses and fair values of available-for-sale investment securities that were in unrealized loss positions were as follows:Less than 12 months12 months or moreTotal fair valueTotal unrealized lossFair valueUnrealized lossFair valueUnrealized loss(In thousands)March 31, 2025Corporate bonds$— $— $9,970 $(30)$9,970 $(30)Agency bond securities— — 169,018 (30,208)169,018 (30,208)Agency mortgage-backed securities85,489 (292)1,096,475 (261,996)1,181,964 (262,288)Municipal bonds— — 22,949 (5,875)22,949 (5,875)Total investment securities$85,489 $(292)$1,298,412 $(298,109)$1,383,901 $(298,