FDIC Certificate #: 22653 Status: Active Federal Reserve ID: 243375 Bank Holding Company (Regulatory Top Holder): Green Dot Corporation (RSSDID: 4057262, Location: Monrovia, CA) Date Established: May 15, 1978 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 15808 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: May 15, 1978 Last Structure Change Effective Date: Febuary 06, 2012 Last Structure Change Process Date: April 02, 2012 Last Data Update: April 02, 2012 Data Source Date: April 05, 2012
Location
Address: 1675 North 200 West, Provo, UT 84601 County: Utah Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Provo-Orem, UT (#6520) Core Based Statistical Area (CBSA): Provo-Orem, UT (#39340) CBSA Metro Statistical Area: Provo-Orem, UT (#39340)
History of Changes
Change in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial Summary
Total assets: $68.2 mil Equity capital: $29.1 mil Deposits held in domestic offices: $39.1 mil Return on assets (ROA): -0.60% (-$0.4 mil) Quarterly return on assets: 0.46% ($0.3 mil) Return on Equity (ROE): -2.41% (-$0.7 mil) Quarterly return on equity: 1.44% ($0.4 mil) Net income: -$0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: -0.97% (-$661.9 mil) Quarterly Pretax return on assets: -0.69% (-$470.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
8Total employees (full-time equivalent)
$68,238Total assets
$36,729Cash and due from depository institutions
$36,348Interest-bearing balances
$6,358Securities
$2,400Federal funds sold & reverse repurchase agreements
$11,420Net loans & leases
$0Loan loss allowance
$0Trading account assets
$101Bank premises and fixed assets
$0Other real estate owned
$10,890Goodwill and other intangibles
$68,238Life insurance assets
$340All other assets
$39,150Total liabilities and capital
$39,104Total liabilities
$19,806Total deposits
$39,104Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$46Subordinated debt
$29,088All other liabilities
$29,088Total equity capital
$29,088Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$28,922Surplus
$166Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$60Income earned, not collected on loans
$0Earning assets
$142Long-term assets (5+ years)
$56,526Average Assets, year-to-date
$3,710Average Assets, quarterly
$43,179Volatile liabilities
$55,135Insider loans
$20,916FHLB advances
$36,943Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$18,198Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,117Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,515Total interest income
$198Total interest expense
$1,317Net interest income
$663Provision for loan and lease losses
$277Total noninterest income
$0Fiduciary activities
$197Service charges on deposit accounts
$0Trading account gains & fees
$80Additional noninterest income
$1,348Total noninterest expense
$688Salaries and employee benefits
$203Premises and equipment expense
$457Additional noninterest expense
-$417Pre-tax net operating income
$0Securities gains (losses)
-$158Applicable income taxes
-$259Income before extraordinary items
$0Extraordinary gains - net
-$259Net income attributable to bank
$0Net charge-offs
-$259Cash dividends
$650Sale, conversion, retirement of capital stock, net
$159Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.87%Yield on earning assets
0.51%Cost of funding earning assets
3.36%Net interest margin
0.71%Noninterest income to earning assets
3.44%Noninterest expense to earning assets
-0.60%Net operating income to assets
-0.60%Return on assets (ROA)
-0.97%Pretax return on assets
-2.41%Return on equity (ROE)
-3.89%Retained earnings to average equity (YTD only)
4.64%Net charge-offs to loans
102.00%Credit loss provision to net charge-offs
0.38%Efficiency ratio
84,567Assets per employee
8.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
-61.39%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
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