v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 816,135 $ 864,904
Certificates of deposit with other banks 250 250
Investment securities available-for-sale 1,434,538 1,427,401
Loans held for sale 435,313 420,055
Loans and leases held for investment (includes $244,940 and $260,625 measured at fair value, respectively) 12,158,216 11,973,622
Allowance for credit losses on loans and leases (193,279) (192,264)
Net loans and leases 11,964,937 11,781,358
Premises and equipment, net 235,329 240,203
Foreclosed assets 12,005 8,208
Servicing assets (includes $64,520 and $62,941 measured at fair value, respectively) 64,677 63,155
Other assets 336,849 329,244
Total assets 15,300,033 15,134,778
Deposits:    
Noninterest-bearing 510,917 515,051
Interest-bearing 13,324,141 13,173,608
Total deposits 13,835,058 13,688,659
Borrowings 99,746 102,404
Other liabilities 83,468 89,609
Total liabilities 14,018,272 13,880,672
Shareholders’ equity    
Retained earnings 836,444 809,885
Accumulated other comprehensive loss (47,352) (44,672)
Total shareholders' equity attributed to Live Oak Bancshares, Inc. 1,277,616 1,249,868
Non-controlling interest 4,145 4,238
Total shareholders’ equity 1,281,761 1,254,106
Total liabilities and shareholders’ equity 15,300,033 15,134,778
Series A Preferred Stock    
Shareholders’ equity    
Series A Preferred stock, no par value, 1,000,000 shares authorized, 100,000 shares, issued and outstanding at March 31, 2026 and December 31, 2025 96,266 96,266
Class A Common Stock    
Shareholders’ equity    
Class A common stock, no par value, 100,000,000 shares authorized, 46,240,691 and 46,032,402 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively $ 392,258 $ 388,389