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H&R Block, Inc. | 2014 Form 10-K 37
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 2014, 2013 and 2012:
(dollars in 000s)
Year ended April 30, 2014 2013 2012
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 $ 295,619 $ 13,808 4.67% $ 372,339 $ 16,556 4.45% $ 448,431 $ 20,322 4.53%
Federal funds sold 961 1 0.10% 1,192 1 0.08% 2,315 1 0.04%
Credit cards 21,600 4,956 22.94% 8,119 3,311 40.78% — — —%
Emerald Advance 88,562 30,289 34.20% 91,338 30,997 33.94% 87,711 28,982 33.04%
AFS securities 457,642 9,504 2.08% 380,055 6,791 1.79% 250,329 4,178 1.67%
FHLB stock 1,842 9 0.49% 1,879 — —% 3,259 113 3.47%
Cash and due from
banks 657,259 1,600 0.24% 690,396 1,601 0.23% 732,164 1,806 0.25%
1,523,485 $ 60,167 3.95% 1,545,318 $ 59,257 3.83% 1,524,209 $ 55,402 3.63%
Non-interest-earning
assets 24,217 27,974 56,426
Total HRB Bank assets $ 1,547,702 $ 1,573,292 $ 1,580,635
Interest-bearing
liabilities:
Customer deposits $ 607,623 $ 2,109 0.35% $ 735,368 $ 5,660 0.77% $ 705,593 $ 6,735 0.95%
FHLB borrowing — — —% — — —% 23,770 572 2.41%
607,623 $ 2,109 0.35% 735,368 $ 5,660 0.77% 729,363 $ 7,307 1.00%
Non-interest-bearing
liabilities 426,897 364,932 363,990
Total liabilities 1,034,520 1,100,300 1,093,353
Total shareholders'
equity 513,182 472,992 487,282
Total liabilities and
shareholders' equity $ 1,547,702 $ 1,573,292 $ 1,580,635
Net yield on interest-
earning assets $ 58,058 3.81% $ 53,597 3.47% $ 48,095 3.16%