Call reports 2016
LIVE OAK BANKING COMPANY — 2016
What LIVE OAK BANKING COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,206,640,000 | 1,327,662,000 | 1,602,722,000 | 1,700,897,000 |
| Total loans | 850,926,000 | 1,019,722,000 | 1,112,254,000 | 1,301,844,000 |
| Allowance for loan losses | 8,616,000 | 12,309,000 | 15,179,000 | 18,209,000 |
| Securities available for sale | 55,674,000 | 66,804,000 | 70,334,000 | 71,056,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,064,316,000 | 1,165,034,000 | 1,424,793,000 | 1,498,515,000 |
| Interest-bearing deposits | 994,340,000 | 1,117,855,000 | 1,374,556,000 | 1,457,085,000 |
| Noninterest-bearing deposits | 69,976,000 | 47,179,000 | 50,237,000 | 41,430,000 |
| Equity capital | 113,734,000 | 131,370,000 | 137,868,000 | 159,081,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 11,860,000 | 25,742,000 | 41,458,000 | 57,694,000 |
| Interest expense | 2,447,000 | 5,688,000 | 9,376,000 | 13,660,000 |
| Net interest income | 9,413,000 | 20,054,000 | 32,082,000 | 44,034,000 |
| Noninterest income | 21,410,000 | 39,772,000 | 64,453,000 | 89,620,000 |
| Noninterest expense | 20,124,000 | 41,517,000 | 63,736,000 | 85,646,000 |
| Provision for loan losses | 1,433,000 | 4,886,000 | 8,692,000 | 12,536,000 |
| Pretax income | 9,266,000 | 13,423,000 | 24,108,000 | 35,473,000 |
| Income tax | 3,593,000 | 5,267,000 | 9,382,000 | 13,754,000 |
| Net income | 5,673,000 | 8,156,000 | 14,726,000 | 21,719,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,817,000 | 111,628,000 | 117,575,000 | 139,078,000 |
| Total capital | 102,433,000 | 123,937,000 | 132,007,000 | 155,423,000 |
| Risk-weighted assets | 874,734,000 | 1,004,298,000 | 1,145,751,000 | 1,301,766,000 |