Live Oak Bancshares, Inc. (LOB)

Live Oak Bancshares Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	892.45	608.8	582.54	416.64	203.75	318.32
Investment Securities	0.25	152.77	146.45	140.46	106.32	105.47
Mortgage-Backed Securities	1,373	1,227	1,106	995.57	889.34	730.45
Total Investments	1,373	1,380	1,252	1,136	995.66	835.93
Gross Loans	11,555	10,263	8,656	7,349	5,528	5,166
Allowance for Loan Losses	-185.7	-167.52	-125.84	-96.57	-63.58	-52.31
Other Adjustments to Gross Loans	-	-30.02	-22.24	-4.91	-6.6	-21.25
Net Loans	11,369	10,066	8,508	7,248	5,458	5,093
Property, Plant & Equipment	241.14	264.91	212.16	231.44	241.72	241.67
Loans Held for Sale	360.69	346	387.04	554.61	1,117	1,175
Accrued Interest Receivable	-	80.7	63.5	46.5	31	41
Other Real Estate Owned & Foreclosed	11.02	1.94	6.48	-	0.62	4.16
Other Long-Term Assets	418.01	187.27	252.86	218.57	162.55	158.83
Total Assets	14,666	12,943	11,271	9,855	8,213	7,872
Interest Bearing Deposits	12,797	10,746	9,320	8,062	6,458	4,994
Institutional Deposits	-	695.9	695.6	629.1	564.8	644
Non-Interest Bearing Deposits	494.02	318.89	259.27	194.1	89.28	75.29
Total Deposits	13,291	11,760	10,275	8,885	7,112	5,713
Short-Term Borrowings	-	-	-	50	8	14.49
Current Portion of Leases	-	0.66	-	-	0	-
Long-Term Debt	105.05	112.69	23.35	33.2	310.29	1,528
Long-Term Leases	-	2.11	3.18	2.56	2.44	2.77
Other Long-Term Liabilities	67.59	63.93	67.2	73.78	65.49	46.78
Total Liabilities	13,463	11,940	10,369	9,044	7,498	7,304
Common Stock	383.29	365.61	344.57	330.85	312.29	310.62
Retained Earnings	770.82	715.77	642.82	572.5	400.89	235.72
Comprehensive Income & Other	-52.15	-82.34	-84.72	-92.32	1.95	21.51
Total Common Equity	1,102	999.03	902.67	811.03	715.13	567.85
Minority Interest	4.33	4.47	-	-	-	-
Shareholders' Equity	1,203	1,003	902.67	811.03	715.13	567.85
Total Liabilities & Equity	14,666	12,943	11,271	9,855	8,213	7,872
Total Debt	105.05	115.46	26.53	85.76	320.73	1,545
Net Cash (Debt)	787.65	493.59	556.26	334.88	-112.23	-1,220
Net Cash Growth	42.83%	-11.27%	66.11%	-	-	-
Net Cash Per Share	17.12	10.77	12.34	7.46	-2.49	-29.21
Filing Date Shares Outstanding	45.86	45.57	44.77	44.15	43.62	42.73
Total Common Shares Outstanding	45.86	45.36	44.62	44.06	43.62	42.45
Book Value Per Share	24.03	22.02	20.23	18.41	16.39	13.38
Tangible Book Value	1,102	999.03	902.67	811.03	715.13	567.85
Tangible Book Value Per Share	24.03	22.02	20.23	18.41	16.39	13.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q