XML 47 R34.htm IDEA: XBRL DOCUMENT v3.25.1
Loans to Bank Customers (Tables)
 3 Months Ended
Mar. 31, 2025
Credit Loss [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 Due60-89 Days Past Due90 Days or More Past DueTotal Past DueTotal Current or Less Than 30 Days Past DueTotal Outstanding
(In thousands)
March 31, 2025
Residential$— $— $— $— $7,400 $7,400 
Commercial— — — — 2,571 2,571 
Installment— — — — 6,247 6,247 
Consumer1,339 — — 1,339 35,438 36,777 
Secured credit card485 597 2,022 3,104 4,967 8,071 
Total loans$1,824 $597 $2,022 $4,443 $56,623 $61,066 
Percentage of outstanding3.0 %1.0 %3.3 %7.3 %92.7 %100.0 %
December 31, 2024
Residential$1 $— $— $1 $6,874 $6,875 
Commercial— — — — 2,585 2,585 
Installment— 933 — 933 4,506 5,439 
Consumer1,668 — — 1,668 23,868 25,536 
Secured credit card700 700 2,536 3,936 5,132 9,068 
Total loans$2,369 $1,633 $2,536 $6,538 $42,965 $49,503 
Percentage of outstanding4.8 %3.3 %5.1 %13.2 %86.8 %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, 2024 for further information on the criteria for classification as nonperforming.
March 31, 2025December 31, 2024
(In thousands)
Residential$31 $34 
Secured credit card2,022 2,536 
Total loans$2,053 $2,570 
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, 2025December 31, 2024
Non-ClassifiedClassifiedNon-ClassifiedClassified
(In thousands)
Residential$7,369 $31 $6,841 $34 
Commercial2,571 — 2,585 — 
Installment6,247 — 5,439 — 
Consumer36,777 — 25,536 — 
Secured credit card6,049 2,022 6,532 2,536 
Total loans$59,013 $2,053 $46,933 $2,570 
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,
20252024
(In thousands)
Balance, beginning of period$17,542 $11,383 
Provision for loans11,127 4,788 
Loans charged off(6,347)(5,859)
Recoveries of loans previously charged off34 64 
Balance, end of period$22,356 $10,376