XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.23.1

Loans to Bank Customers (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Loans and Leases Receivable Disclosure [Abstract] |
Schedule of Past Due Financing Receivables | The following table presents total outstanding loans, gross of the related allowance for credit 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)
March 31, 2023 |
Residential | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4,604 |  |  | $ | 4,604 |
Commercial | — |  |  | — |  |  | — |  |  | — |  |  | 2,540 |  |  | 2,540 |
Installment | — |  |  | — |  |  | — |  |  | — |  |  | 3,840 |  |  | 3,840 |
Consumer | 1,823 |  |  | — |  |  | — |  |  | 1,823 |  |  | 24,124 |  |  | 25,947 |
Secured credit card | 680 |  |  | 570 |  |  | 2,220 |  |  | 3,470 |  |  | 4,558 |  |  | 8,028 |
Total loans | $ | 2,503 |  |  | $ | 570 |  |  | $ | 2,220 |  |  | $ | 5,293 |  |  | $ | 39,666 |  |  | $ | 44,959 |
Percentage of outstanding | 5.6 | % |  | 1.3 | % |  | 4.9 | % |  | 11.8 | % |  | 88.2 | % |  | 100.0 | %
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |
Residential | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4,264 |  |  | $ | 4,264 |
Commercial | — |  |  | — |  |  | — |  |  | — |  |  | 2,542 |  |  | 2,542 |
Installment | — |  |  | — |  |  | — |  |  | — |  |  | 1,407 |  |  | 1,407 |
Consumer | 2,261 |  |  | — |  |  | — |  |  | 2,261 |  |  | 12,185 |  |  | 14,446 |
Secured credit card | 712 |  |  | 722 |  |  | 2,239 |  |  | 3,673 |  |  | 4,167 |  |  | 7,840 |
Total loans | $ | 2,973 |  |  | $ | 722 |  |  | $ | 2,239 |  |  | $ | 5,934 |  |  | $ | 24,565 |  |  | $ | 30,499 |
Percentage of outstanding | 9.8 | % |  | 2.4 | % |  | 7.3 | % |  | 19.5 | % |  | 80.5 | % |  | 100.0 | %
Schedule of Nonperforming Loans | The following table presents the carrying value, gross of the related allowance for credit 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, 2022 for further information on the criteria for classification as nonperforming.
| March 31, 2023 |  | December 31, 2022
| (In thousands)
Residential | $ | 146 |  |  | $ | 153 |
Installment | 92 |  |  | 96 |
Secured credit card | 2,220 |  |  | 2,239 |
Total loans | $ | 2,458 |  |  | $ | 2,488 |
Schedule of Financing Receivable Credit Quality Indicators | The table below presents the carrying value, gross of the related allowance for credit losses, of our loans within the primary credit quality indicators related to our loan portfolio:
| March 31, 2023 |  | December 31, 2022
| Non-Classified |  | Classified |  | Non-Classified |  | Classified
| (In thousands)
Residential | $ | 4,492 |  |  | $ | 112 |  |  | $ | 4,035 |  |  | $ | 229 |
Commercial | 2,540 |  |  | — |  |  | 2,542 |  |  | — |
Installment | 3,748 |  |  | 92 |  |  | 1,306 |  |  | 101 |
Consumer | 25,947 |  |  | — |  |  | 14,446 |  |  | — |
Secured credit card | 5,808 |  |  | 2,220 |  |  | 5,601 |  |  | 2,239 |
Total loans | $ | 42,535 |  |  | $ | 2,424 |  |  | $ | 27,930 |  |  | $ | 2,569 |
Schedule of Allowance for Loan Losses | Activity in the allowance for credit losses on our loan portfolio consisted of the following:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
|  |  |  |  | (In thousands)
Balance, beginning of period |  |  |  |  | $ | 9,078 |  |  | $ | 5,555 |
Provision for loans |  |  |  |  | 10,252 |  |  | 10,499 |
Loans charged off |  |  |  |  | (6,101) |  |  | (6,996) |
Recoveries of loans previously charged off |  |  |  |  | 25 |  |  | — |
Balance, end of period |  |  |  |  | $ | 13,254 |  |  | $ | 9,058 |

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524 + Details
Name: | us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI https://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 16 -URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration