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44
Statistical Disclosure by Bank Holding Companies
As discussed in Part I, Item 1. Business, we became a bank holding company in December 2011. This section
presents information required by the SEC’s Industry Guide 3, “Statistical Disclosure by Bank Holding Companies.” The
tables in this section include Green Dot Bank information only. All average balance data related to 2011 are calculated
for the period December 8, 2011, the date of our acquisition of Green Dot Bank, to December 31, 2011.
Distribution of Assets, Liabilities and Stockholders' Equity
The following table presents average balance data for our bank operations:
Average Balance
Year Ended
December 31, 2012 Period ending
December 31, 2011
(In thousands)
Interest-bearing assets
Loans $9,178 $10,159
Taxable investment securities 3,584 4,025
Non-taxable investment securities 2,155 2,420
Federal funds sold 2,218 2,400
Total interest-bearing assets 17,135 19,004
Non-interest bearing assets 93,938 40,045
Total assets $ 111,073 $59,049
Interest-bearing liabilities
Negotiable order of withdrawal (NOW) $6,724 $1,634
Savings deposits 1,650 6,812
Time deposits, denominations greater than or equal to $100 3,020 1,383
Time deposits, denominations less than $100 6,742 9,779
Total interest-bearing liabilities 18,136 19,608
Non-interest bearing liabilities 58,105 16,770
Total liabilities 76,241 36,378
Total stockholders' equity 34,832 22,671
Total liabilities and stockholders' equity $ 111,073 $59,049
Investment Portfolio
The following table presents the amortized cost and fair value of Green Dot Bank’s investment portfolio at
December 31, 2012 and December 31, 2011:
Amortized Cost Fair Value
December 31, 2012 (In thousands)
Agency securities $804 $811
Municipal bonds 2,022 2,058
U.S. treasury notes 20,020 19,956
Total fixed-income securities $22,846 $22,825
December 31, 2011
Agency securities $ 3,979 $3,987
Municipal bonds 2,379 2,391
Total fixed-income securities $ 6,358 $6,378