v3.25.2
Segment Reporting - Schedule of Segment Reporting Information by Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Assets            
Cash and cash equivalents $ 752,562   $ 954,058      
Restricted cash 21,759   23,338      
Fair Value 3,527,142   3,452,648      
Loans and leases held for investment, net 4,133,332   3,889,084      
Loans held for investment at fair value 631,736   1,027,798      
Property, equipment and software, net 246,284   167,532      
Goodwill 75,717   75,717      
Other assets 378,633   403,982      
Total assets 10,775,333   10,630,509      
Liabilities and Equity            
Total deposits 9,136,124   9,068,237      
Other liabilities 233,174   220,541      
Total liabilities 9,369,298   9,288,778      
Total equity 1,406,035 $ 1,364,517 1,341,731 $ 1,287,945 $ 1,266,286 $ 1,251,822
Total liabilities and equity 10,775,333   10,630,509      
Operating Segments            
Assets            
Cash and cash equivalents 867,666   998,444      
Restricted cash 28,911   27,536      
Fair Value 3,527,142   3,452,648      
Loans held for sale at fair value 1,008,168   636,352      
Loans and leases held for investment, net 4,133,332   3,889,084      
Loans held for investment at fair value 631,736   1,027,798      
Property, equipment and software, net 246,284   167,532      
Investment in subsidiary 892,303   910,544      
Goodwill 75,717   75,717      
Other assets 399,659   421,819      
Total assets 11,810,918   11,607,474      
Liabilities and Equity            
Total deposits 9,258,380   9,116,821      
Other liabilities 254,200   238,378      
Total liabilities 9,512,580   9,355,199      
Total equity 2,298,338   2,252,275      
Total liabilities and equity 11,810,918   11,607,474      
Operating Segments | LendingClub Bank            
Assets            
Cash and cash equivalents 731,078   932,463      
Restricted cash 0   0      
Fair Value 3,527,142   3,452,648      
Loans held for sale at fair value 1,008,168   636,352      
Loans and leases held for investment, net 4,133,332   3,889,084      
Loans held for investment at fair value 629,615   1,023,226      
Property, equipment and software, net 240,322   158,995      
Investment in subsidiary 0   0      
Goodwill 75,717   75,717      
Other assets 316,067   300,621      
Total assets 10,661,441   10,469,106      
Liabilities and Equity            
Total deposits 9,258,380   9,116,821      
Other liabilities 198,473   177,711      
Total liabilities 9,456,853   9,294,532      
Total equity 1,204,588   1,174,574      
Total liabilities and equity 10,661,441   10,469,106      
Operating Segments | LendingClub Corporation (Parent only)            
Assets            
Cash and cash equivalents 136,588   65,981      
Restricted cash 28,911   27,536      
Fair Value 0   0      
Loans held for sale at fair value 0   0      
Loans and leases held for investment, net 0   0      
Loans held for investment at fair value 2,121   4,572      
Property, equipment and software, net 5,962   8,537      
Investment in subsidiary 892,303   910,544      
Goodwill 0   0      
Other assets 83,592   121,198      
Total assets 1,149,477   1,138,368      
Liabilities and Equity            
Total deposits 0   0      
Other liabilities 55,727   60,667      
Total liabilities 55,727   60,667      
Total equity 1,093,750   1,077,701      
Total liabilities and equity 1,149,477   1,138,368      
Intercompany Eliminations            
Assets            
Total assets (1,035,585)   (976,965)      
Liabilities and Equity            
Total liabilities (143,282)   (66,421)      
Total equity $ (892,303)   $ (910,544)