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)
June 30, 2015
Residential	$	1		$	—		$	—		$	1		$	3,758		$	3,759
Commercial	—			—			28			28			280			308
Installment	2			11			4			17			2,744			2,761
Total loans	$	3		$	11		$	32		$	46		$	6,782		$	6,828

Percentage of outstanding	—		%	0.2		%	0.5		%	0.7		%	99.3		%	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 to the Consolidated Financial Statements of our Annual Report on Form 10-K for the year ended December 31, 2014 for further information on the criteria for classification as nonperforming.



	June 30, 2015		December 31, 2014
	(In thousands)
Residential	$	291	$	54
Commercial	10		31
Installment	168		104
Total loans	$	469	$	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:



	June 30, 2015				December 31, 2014
	Non-Classified		Classified		Non-Classified		Classified
	(In thousands)
Residential	$	3,268	$	491	$	3,604	$	257
Commercial	288		20		635		62
Installment	2,612		149		2,306		130
Total loans	$	6,168	$	660	$	6,545	$	449

Note 6—Loans to Bank Customers (continued)

Impaired Loans and Troubled Debt Restructurings

When, for economic or legal reasons related to a borrower’s financial difficulties, we grant a concession for other than an insignificant period of time to a borrower that we would not otherwise consider, the related loan is classified as a Troubled Debt Restructuring, or TDR. Our TDR modifications involve an extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. The following table presents our impaired loans and loans that we modified as TDRs as of June 30, 2015 and December 31, 2014:



	June 30, 2015				December 31, 2014
	Unpaid Principal Balance		Carrying Value		Unpaid Principal Balance		Carrying Value
	(In thousands)
Residential	$	382	$	291	$	97	$	54
Commercial	255		10		270		31
Installment	375		168		367		104

Allowance for Loan Losses

Activity in the allowance for loan losses consisted of the following:



	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
	(In thousands)
Balance, beginning of period	$	340		$	435		$	444		$	464
Provision for loans	39			—			(34		)	—
Loans charged off	(9		)	(27		)	(44		)	(60		)
Recoveries of loans previously charged off	7			6			11			10
Balance, end of period	$	377		$	414		$	377		$	414