Loans to Bank Customers (Tables)

6 Months Ended

Jun. 30, 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)
June 30, 2023
Residential	$	—		$	—		$	—		$	—		$	4,824		$	4,824
Commercial	—			—			—			—			2,530			2,530
Installment	—			—			—			—			4,132			4,132
Consumer	2,186			—			—			2,186			19,502			21,688
Secured credit card	798			781			1,956			3,535			5,898			9,433
Total loans	$	2,984		$	781		$	1,956		$	5,721		$	36,886		$	42,607

Percentage of outstanding	7.0		%	1.8		%	4.6		%	13.4		%	86.6		%	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.


	June 30, 2023		December 31, 2022
	(In thousands)
Residential	$	140	$	153
Installment	87		96
Secured credit card	1,956		2,239
Total loans	$	2,183	$	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:


	June 30, 2023				December 31, 2022
	Non-Classified		Classified		Non-Classified		Classified
	(In thousands)
Residential	$	4,761	$	63	$	4,035	$	229
Commercial	2,530		—		2,542		—
Installment	4,044		88		1,306		101
Consumer	21,688		—		14,446		—
Secured credit card	7,477		1,956		5,601		2,239
Total loans	$	40,500	$	2,107	$	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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(In thousands)
Balance, beginning of period	$	13,254	$	9,058	$	9,078	$	5,555
Provision for loans	5,480		7,953		15,731		18,452
Loans charged off	(6,146)		(6,807)		(12,246)		(13,803)
Recoveries of loans previously charged off	53		—		78		—
Balance, end of period	$	12,641	$	10,204	$	12,641	$	10,204