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38 H&R Block 2013 Form 10-K
STATISTICAL DISCLOSURE BY BANK HOLDING COMPANIES
This section presents information required by the SEC’s Industry Guide 3, “Statistical Disclosure by Bank Holding
Companies.” The tables in this section include HRB Bank information only.
DISTRIBUTION OF ASSETS, LIABILITIES AND SHAREHOLDERS’ EQUITY; INTEREST RATES AND
INTEREST DIFFERENTIAL – The following table presents average balance data and interest income and expense
data for our banking operations, as well as the related interest yields and rates for fiscal years 2013, 2012 and 2011:
(dollars in 000s)
Year ended April 30, 2013 2012 2011
Average
Balance
Interest
Income/
Expense
Average
Yield/
Cost
Average
Balance
Interest
Income/
Expense
Average
Yield/
Cost
Average
Balance
Interest
Income/
Expense
Average
Yield/
Cost
Interest-earning
assets:
Mortgage loans, net $ 372,339 $ 16,556 4.45% $ 448,431 $ 20,322 4.53% $ 545,052 $ 24,693 4.53%
Federal funds sold 1,192 1 0.08% 2,315 1 0.04% 2,649 3 0.10%
Credit cards 8,119 3,311 40.78% — — —% — — —%
Emerald Advance (1) 91,338 30,997 33.94% 87,711 28,982 33.04% 141,127 94,300 35.21%
Available-for-sale
securities 380,055 6,791 1.79% 250,329 4,178 1.67% 22,243 174 0.78%
FHLB stock 1,879 — —% 3,259 113 3.47% 5,953 171 2.88%
Cash and due from
banks 690,396 1,601 0.23% 732,164 1,806 0.25% 930,666 2,338 0.25%
1,545,318 $ 59,257 3.83% 1,524,209 $ 55,402 3.63% 1,647,690 $ 121,679 7.38%
Non-interest-earning
assets 27,974 56,426 57,899
Total HRB Bank assets $ 1,573,292 $ 1,580,635 $ 1,705,589
Interest-bearing
liabilities:
Customer deposits $ 735,368 $ 5,660 0.77% $ 705,593 $ 6,735 0.95% $ 830,597 $ 8,488 1.02%
FHLB borrowing — — —% 23,770 572 2.41% 72,534 1,526 2.10%
735,368 $ 5,660 0.77% 729,363 $ 7,307 1.00% 903,131 $ 10,014 1.11%
Non-interest-bearing
liabilities 364,932 363,990 366,666
Total liabilities 1,100,300 1,093,353 1,269,797
Total shareholders’
equity 472,992 487,282 435,792
Total liabilities and
shareholders’ equity $ 1,573,292 $ 1,580,635 $ 1,705,589
Net yield on interest-
earning assets (1) $ 53,597 3.47% $ 48,095 3.16% $ 111,665 6.78%
(1) Includes all interest income related to EA activities. Amounts recognized as interest income also include certain fees, which are amortized into
interest income over the life of the loan, of $48.5 million for fiscal year 2011.