Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 99

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 7
Chunk 99
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.9 %30,325 104 0.3 %23,354 237 1.0 %Non-interest bearing liabilities4,062,691 3,495,342 3,683,481 Total liabilities4,156,421 3,525,667 3,706,835 Total stockholders' equity117,517 79,223 162,555 Total liabilities and stockholders' equity$4,273,938 $3,604,890 $3,869,390 Net interest income/yield on earning assets$119,100 (1.7)%$86,547 2.3 %$58,582 0.6 %

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(1)Non-performing loans are included in the respective average loan balances. Income, if any, on such loans is recognized on a cash basis.

The following table presents the amount of changes in interest income and interest expense due to changes in both average volume and average rate for the years ended:

51

December 31, 2024December 31, 2023Total Change in Interest Income/ ExpenseChange Due to Rate (1)Change Due to Volume (1)Total Change in Interest Income/ ExpenseChange Due to Rate (1)Change Due to Volume (1)(In thousands)Interest-earning assetsLoans$1,322 $12 $1,310 $42 $(128)$170 Taxable investment securities(3,327)195 (3,522)9,571 8,126 1,445 Non-taxable investment securities(8)(1)(7)87 43 44 Federal reserve stock8 22 (14)21 17 4 Fee advances(285)(2,295)2,010 1,215 406 809 Cash39,302 570 38,732 16,896 19,701 (2,805)Change in interest income$37,012 $(1,497)$38,509 $27,832 $28,165 $(333)Interest-bearing liabilitiesChecking accounts$4,380 $68 $4,312 $(31)$(16)$(15)Savings deposits(3)(2)(1)(113)(245)132 Time deposits, denominations greater than or equal to $25028 21 7 (14)(4)(10)Time deposits, denominations