v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 927,630 $ 864,904
Certificates of deposit with other banks 250 250
Investment securities available-for-sale 1,467,855 1,427,401
Loans held for sale 511,812 420,055
Loans and leases held for investment (includes $232,088 and $260,625 measured at fair value, respectively) 12,630,859 11,973,622
Allowance for credit losses on loans and leases (193,417) (192,264)
Net loans and leases 12,437,442 11,781,358
Premises and equipment, net 231,198 240,203
Foreclosed assets 11,017 8,208
Servicing assets (includes $66,575 and $62,941 measured at fair value, respectively) 66,733 63,155
Other assets 384,204 329,244
Total assets 16,038,141 15,134,778
Deposits:    
Noninterest-bearing 605,237 515,051
Interest-bearing 13,942,289 13,173,608
Total deposits 14,547,526 13,688,659
Borrowings 99,766 102,404
Other liabilities 73,931 89,609
Total liabilities 14,721,223 13,880,672
Shareholders’ equity    
Retained earnings 869,757 809,885
Accumulated other comprehensive loss (52,555) (44,672)
Total shareholders' equity attributed to Live Oak Bancshares, Inc. 1,312,864 1,249,868
Non-controlling interest 4,054 4,238
Total shareholders’ equity 1,316,918 1,254,106
Total liabilities and shareholders’ equity 16,038,141 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 June 30, 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, 46,283,620 and 46,032,402 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively $ 399,396 $ 388,389