Call reports 2008
GREEN DOT BANK — 2008
What GREEN DOT BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 31,539,000 | 34,969,000 | 38,630,000 | 34,169,000 |
| Total loans | 12,568,000 | 12,988,000 | 13,588,000 | 14,351,000 |
| Allowance for loan losses | 260,000 | 221,000 | 206,000 | 259,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,696,000 | 4,350,000 | 5,199,000 | 8,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 25,266,000 | 28,854,000 | 32,481,000 | 27,916,000 |
| Interest-bearing deposits | 15,675,000 | 17,292,000 | 18,091,000 | 18,415,000 |
| Noninterest-bearing deposits | 9,591,000 | 11,562,000 | 14,390,000 | 9,501,000 |
| Equity capital | 6,089,000 | 6,037,000 | 6,108,000 | 6,090,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 541,000 | 1,012,000 | 1,489,000 | 1,967,000 |
| Interest expense | 119,000 | 232,000 | 339,000 | 450,000 |
| Net interest income | 422,000 | 780,000 | 1,150,000 | 1,517,000 |
| Noninterest income | 70,000 | 135,000 | 207,000 | 280,000 |
| Noninterest expense | 325,000 | 659,000 | 990,000 | 1,355,000 |
| Provision for loan losses | 0 | 0 | 0 | 60,000 |
| Pretax income | 167,000 | 256,000 | 367,000 | 382,000 |
| Income tax | 36,000 | 76,000 | 116,000 | 149,000 |
| Net income | 131,000 | 180,000 | 251,000 | 233,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,089,000 | 6,037,000 | 6,108,000 | 6,090,000 |
| Total capital | 6,285,000 | 6,257,000 | 6,314,000 | 6,324,000 |
| Risk-weighted assets | 15,584,000 | 17,602,000 | 18,829,000 | 18,660,000 |