Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 128

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 128
---
 FINANCIAL STATEMENTS – (CONTINUED)

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)March 31, 2025Residential$— $— $— $— $7,400 $7,400 Commercial— — — — 2,571 2,571 Installment— — — — 6,247 6,247 Consumer1,339 — — 1,339 35,438 36,777 Secured credit card485 597 2,022 3,104 4,967 8,071 Total loans$1,824 $597 $2,022 $4,443 $56,623 $61,066 Percentage of outstanding3.0 %1.0 %3.3 %7.3 %92.7 %100.0 %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 %We offer an optional overdraft protection program service on certain demand deposit account programs that allows customers who opt-in and meet certain criteria to spend up to a pre-authorized amount in excess of their available account balance. When overdrawn, the purchase related balances due on these deposit accounts are reclassified as consumer loans. Fees due from our accountholders for our overdraft service are included as