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Call reports 2022

LIVE OAK BANKING COMPANY — 2022

What LIVE OAK BANKING COMPANY reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/70203cff-09ba-4325-9222-35c393576e67/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets8,538,751,0009,030,628,0009,226,976,0009,738,922,000
Total loans6,766,876,0007,059,943,0007,391,030,0007,898,787,000
Allowance for loan losses63,058,00065,863,00078,291,00096,566,000
Securities available for sale842,077,000925,478,0001,004,872,0001,014,219,000
Securities held to maturity0000
Trading assets0000
Total deposits7,652,970,0008,254,697,0008,524,486,0008,982,322,000
Interest-bearing deposits7,550,822,0008,036,373,0008,234,574,0008,690,828,000
Noninterest-bearing deposits102,148,000218,324,000289,912,000291,494,000
Equity capital666,610,000650,552,000634,038,000652,889,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income92,721,000191,918,000307,713,000444,200,000
Interest expense14,530,00033,380,00064,961,000115,324,000
Net interest income78,191,000158,538,000242,752,000328,876,000
Noninterest income30,751,00034,034,00059,542,00074,104,000
Noninterest expense61,381,000138,115,000216,572,000296,884,000
Provision for loan losses1,836,0007,103,00021,272,00040,943,000
Pretax income45,663,00047,268,00064,327,00065,039,000
Income tax9,076,0008,808,00010,152,000-226,000
Net income36,587,00038,460,00054,175,00065,265,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital677,361,000687,823,000707,007,000730,092,000
Total capital741,303,000754,558,000786,427,000815,577,000
Risk-weighted assets5,701,203,0006,041,245,0006,378,538,0006,826,195,000

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