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73
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, 2015
Residential $ — $ — $ — $ — $ 3,863 $3,863
Commercial — — 19 19 294 313
Installment 2 — — 2 2,527 2,529
Total loans $ 2 $ — $ 19 $ 21 $ 6,684 $6,705
Percentage of outstanding —% —% 0.3% 0.3% 99.7%100.0%
December 31, 2014
Residential $ — $ — $ — $ — $ 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%
Nonperforming Loans
The following table presents the carrying value, gross of the related allowance for loan losses, of our nonperforming
loans. See Note 2–Summary of Significant Accounting Policies for further information on the criteria for classification
as nonperforming.
December 31, 2015 December 31, 2014
(In thousands)
Residential $366 $ 54
Commercial 19 31
Installment 279 104
Total loans $664 $189
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, 2015 December 31, 2014
Non-Classified Classified Non-Classified Classified
(In thousands)
Residential $3,404 $459 $3,604 $257
Commercial 294 19 635 62
Installment 2,173 356 2,306 130
Total loans $5,871 $834 $6,545 $449