Live Oak Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	864.9	608.8	582.54	416.64	203.75
Investment Securities	0.25	152.77	146.45	140.46	106.32
Mortgage-Backed Securities	1,427	1,227	1,106	995.57	889.34
Total Investments	1,428	1,380	1,252	1,136	995.66
Gross Loans	11,974	10,263	8,656	7,349	5,528
Allowance for Loan Losses	-192.26	-167.52	-125.84	-96.57	-63.58
Other Adjustments to Gross Loans	-	-30.02	-22.24	-4.91	-6.6
Net Loans	11,781	10,066	8,508	7,248	5,458
Property, Plant & Equipment	240.2	264.91	212.16	231.44	241.72
Loans Held for Sale	420.06	346	387.04	554.61	1,117
Accrued Interest Receivable	-	80.7	63.5	46.5	31
Other Real Estate Owned & Foreclosed	8.21	1.94	6.48	-	0.62
Other Long-Term Assets	392.4	187.27	252.86	218.57	162.55
Total Assets	15,135	12,943	11,271	9,855	8,213
Interest Bearing Deposits	13,174	10,746	9,320	8,062	6,458
Institutional Deposits	-	695.9	695.6	629.1	564.8
Non-Interest Bearing Deposits	515.05	318.89	259.27	194.1	89.28
Total Deposits	13,689	11,760	10,275	8,885	7,112
Short-Term Borrowings	-	-	-	50	8
Current Portion of Leases	-	0.66	-	-	0
Long-Term Debt	102.4	112.69	23.35	33.2	310.29
Long-Term Leases	-	2.11	3.18	2.56	2.44
Other Long-Term Liabilities	89.61	63.93	67.2	73.78	65.49
Total Liabilities	13,881	11,940	10,369	9,044	7,498
Preferred Stock, Convertible	96.27	-	-	-	-
Common Stock	388.39	365.61	344.57	330.85	312.29
Retained Earnings	809.89	715.77	642.82	572.5	400.89
Comprehensive Income & Other	-44.67	-82.34	-84.72	-92.32	1.95
Total Common Equity	1,154	999.03	902.67	811.03	715.13
Minority Interest	4.24	4.47	-	-	-
Shareholders' Equity	1,254	1,003	902.67	811.03	715.13
Total Liabilities & Equity	15,135	12,943	11,271	9,855	8,213
Total Debt	102.4	115.46	26.53	85.76	320.73
Net Cash (Debt)	762.75	493.59	556.26	334.88	-112.23
Net Cash Growth	54.53%	-11.27%	66.11%	-	-
Net Cash Per Share	16.57	10.77	12.34	7.46	-2.49
Filing Date Shares Outstanding	46.03	45.57	44.77	44.15	43.62
Total Common Shares Outstanding	46.03	45.36	44.62	44.06	43.62
Book Value Per Share	25.06	22.02	20.23	18.41	16.39
Tangible Book Value	1,154	999.03	902.67	811.03	715.13
Tangible Book Value Per Share	25.06	22.02	20.23	18.41	16.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q