Green Dot 2014 Annual Report Download - page 78

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Note 6—Loans to Bank Customers
The following table presents total outstanding loans, gross of the related allowance for loan losses, and a summary
of the related payment status:
30-59 Days
Past Due
60-89 Days
Past Due
90 Days or
More Past
Due
Total Past
Due
Total Current or
Less Than 30 Days
Past Due
Total
Outstanding
(In thousands)
December 31, 2014
Real estate $—$—$—$—$3,861 $3,861
Commercial — — — — 697 697
Installment 1 3 4 8 2,428 2,436
Total loans $1$3$4$8$6,986 $6,994
Percentage of outstanding —%—%0.1%0.1%99.9%100.0%
December 31, 2013
Real estate $—$—$11 $11 $3,372 $3,383
Commercial — — — — 1,474 1,474
Installment — — 3 3 2,506 2,509
Total loans $—$—$14 $14 $7,352 $7,366
Percentage of outstanding —%—%0.2%0.2%99.8%100.0%
Nonperforming Loans
The following table presents the carrying value, gross of the related allowance for loan losses, of our nonperforming
loans, other than purchased credit impaired, or PCI loans. See Note 2– Summary of Significant Accounting Policies„for
further information on the criteria for classification as nonperforming.
December 31, 2014 December 31, 2013
(In thousands)
Real estate $54 $117
Commercial 31 106
Installment 104 250
Total loans $189 $473
Credit Quality Indicators
We closely monitor and assess the credit quality and credit risk of our loan portfolio on an ongoing basis. We
continuously review and update loan risk classifications. We evaluate our loans using non-classified or classified as
the primary credit quality indicator. Classified loans are those loans that have demonstrated credit weakness where
we believe there is a heightened risk of principal loss, including all impaired loans. Classified loans are generally
internally categorized as substandard, doubtful, or loss, consistent with regulatory guidelines.
The table below presents the carrying value, gross of the related allowance for loan losses, of our loans within the
primary credit quality indicators related to our loan portfolio:
December 31, 2014 December 31, 2013
Non-Classified Classified Non-Classified Classified
(In thousands)
Real estate $3,604 $257 $3,003 $380
Commercial 635 62 1,323 151
Installment 2,306 130 2,058 451
Total loans $6,545 $449 $6,384 $982
GREEN DOT CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)
70