Live Oak Bancshares, Inc.LOB
| Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 | Dec 31,
2024 |
|---|
| Net income | 21 | 14 | 100 | 51 | 18 | 60 | 167 | 176 | 74 | 77 |
|---|
| Depreciation and amortization | 3 | 4 | 10 | 16 | 20 | 22 | 21 | 21 | 21 | 23 |
|---|
| Provision for credit losses | - | - | - | - | - | - | - | 41 | 51 | 96 |
|---|
| (Accretion) amortization of (discount) premium on securities, net of accretion | -0 | -0 | -0 | -1 | -1 | -3 | -6 | -3 | -0 | 1 |
|---|
| Deferred tax (benefit) expense | 1 | -4 | 12 | -6 | 1 | -17 | 25 | 27 | -22 | -11 |
|---|
| Originations of loans held for sale | 1,035 | 1,014 | 1,150 | 1,079 | 1,005 | 1,183 | 1,364 | 1,042 | 877 | 1,037 |
|---|
| Proceeds from Sale, Loan, Held-for-Sale | 745 | 838 | 883 | 1,087 | 458 | 875 | 1,092 | 1,068 | 1,363 | 1,431 |
|---|
| Net gains on sale of loans held for sale | 67 | 75 | 79 | 75 | 29 | 49 | 67 | 43 | 47 | 61 |
|---|
| Net (gain) loss on impairment and sale of foreclosed assets | - | - | - | - | -0 | -0 | 1 | 0 | -1 | 0 |
|---|
| Net (gain) loss on loans accounted for under fair value option | - | - | - | - | - | -13 | 4 | 1 | -4 | 2 |
|---|
| Net change in servicing assets | - | - | - | - | - | -1 | -0 | -7 | 22 | 8 |
|---|
| Net gain on sale or disposal of long lived asset | - | - | - | - | 0 | -0 | 0 | - | 4 | 9 |
|---|
| Net loss on disposal of premises and equipment | -0 | - | -0 | -0 | -0 | -0 | 0 | -0 | -0 | -0 |
|---|
| Impairment on premises and equipment, net | - | - | - | - | - | - | 1 | - | 0 | - |
|---|
| Equity method investments loss (income) | -0 | - | - | - | -8 | -15 | -2 | 144 | -6 | -11 |
|---|
| Equity security investments (gains) losses, net | - | - | - | - | 4 | 15 | 45 | 3 | -1 | 1 |
|---|
| Gain on equity warrant assets | - | - | - | - | - | - | - | - | - | 6 |
|---|
| Renewable energy tax credit investment impairment | - | 3 | 1 | - | 1 | - | 3 | 16 | 15 | 1 |
|---|
| Stock option compensation expense | 1 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | - |
|---|
| Restricted Stock or Unit Expense | 0 | 10 | 6 | 7 | 10 | 13 | 16 | 19 | 18 | 26 |
|---|
| Stock based compensation excess tax benefit (deficiency) | - | - | - | - | - | - | - | - | - | 1 |
|---|
| Business combination contingent consideration fair value adjustment | - | - | - | -0 | - | 0 | 0 | -0 | 0 | -0 |
|---|
| Lease right-of-use assets and liabilities, net | - | - | - | - | - | -0 | 0 | -0 | 0 | -0 |
|---|
| Other assets | 4 | 9 | 25 | 14 | -0 | 76 | -2 | 16 | -36 | 12 |
|---|
| Other liabilities | 6 | 1 | 0 | -2 | 4 | 2 | 0 | -6 | 4 | 18 |
|---|
| Net cash provided by operating activities | -335 | -222 | -288 | 12 | -494 | -273 | -120 | 124 | 620 | 536 |
|---|
| Purchases of investment securities available-for-sale | - | - | - | 347 | 253 | 396 | 428 | 397 | 216 | 270 |
|---|
| Proceeds from Sale and Maturity of Marketable Securities | 20 | 19 | 20 | 57 | 111 | 198 | 240 | 161 | 114 | 151 |
|---|
| Proceeds from Sale of Foreclosed Assets | 1 | 1 | 1 | 1 | 1 | 5 | 7 | 2 | - | 8 |
|---|
| Maturities of certificates of deposit with other banks | - | 3 | 4 | 3 | - | 1 | 2 | 1 | 4 | - |
|---|
| Purchases of loans previously sold | - | - | - | - | - | - | - | - | - | 117 |
|---|
| Loan and lease originations and principal collections, net | - | 295 | 386 | 446 | 506 | 2,402 | -9 | 1,269 | 1,626 | 1,835 |
|---|
| Proceeds from sale of long lived asset | - | - | - | - | - | - | - | - | - | 44 |
|---|
| Purchases of equity security investments | - | - | - | - | - | - | - | 9 | 3 | 7 |
|---|
| Purchases of equity method investments | - | - | - | - | - | - | - | 36 | 27 | 8 |
|---|
| Proceeds from sale of equity security investments | - | - | - | - | - | - | - | - | - | 2 |
|---|
| Proceeds from sale of equity method investments | - | - | - | - | - | - | 15 | 148 | 8 | 1 |
|---|
| Proceeds from sale of premises and equipment | - | - | - | 1 | - | 0 | 0 | - | 0 | 1 |
|---|
| Purchases of premises and equipment, net | 30 | 11 | 124 | 111 | 37 | 21 | 3 | 44 | 47 | 49 |
|---|
| Net cash used by investing activities | 60 | -320 | -535 | -851 | -673 | -2,607 | -150 | -1,442 | -1,775 | -2,079 |
|---|
| Net increase in deposits | 283 | 680 | 775 | 889 | 1,080 | 1,486 | 1,399 | 1,773 | 1,390 | 1,485 |
|---|
| Proceeds from borrowings | - | - | - | - | - | 1,828 | 603 | 62 | 2,906 | 100 |
|---|
| Repayment of borrowings | - | - | - | - | 1 | 286 | 1,827 | 297 | 2,966 | 10 |
|---|
| Stock option exercises | 0 | 0 | 1 | 2 | 1 | 3 | 4 | 2 | 1 | 2 |
|---|
| Proceeds from Stock Plans | - | - | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
|---|
| Withholding cash issued in lieu of restricted stock and other | - | - | 5 | 1 | 0 | 49 | 19 | 5 | 7 | 9 |
|---|
| Proceeds from Noncontrolling Interests | - | - | - | - | - | - | - | - | - | 5 |
|---|
| Shareholder dividend distributions | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
|---|
| Net cash provided by financing activities | 348 | 677 | 880 | 861 | 1,074 | 2,977 | 155 | 1,531 | 1,321 | 1,569 |
|---|
| Net increase in cash and cash equivalents | - | - | - | - | -93 | 97 | -115 | 213 | 166 | 26 |
|---|
| Interest paid | - | - | - | 54 | 87 | 92 | 67 | 118 | 343 | 437 |
|---|
| Income tax paid, net | - | - | - | - | -12 | 11 | 20 | 25 | 5 | 39 |
|---|
| Unrealized holding gains (losses) on investment securities available-for-sale, net of taxes | -0 | -0 | -0 | -0 | 13 | 10 | -20 | -94 | 8 | 2 |
|---|
| Proceeds From S B A Reimbursement And Sale Of Foreclosed Assets | - | - | - | - | - | - | 13 | 18 | 40 | 17 |
|---|
| Net transfers between foreclosed real estate and SBA receivable | - | - | - | - | - | 0 | -2 | -0 | - | 0 |
|---|
| Transfer Asset From Property And Equipment, Net To Other Assets | - | - | - | - | - | - | - | - | - | 19 |
|---|
| Loan, Transfer from Held-for-Sale to Held-in-Portfolio | 9 | 340 | 64 | 131 | 278 | 296 | 639 | 931 | 275 | 168 |
|---|
| Loan and Lease, Transfer from Held-in-Portfolio to Held-for-Sale | 3 | 2 | 20 | 94 | 39 | 97 | 339 | 468 | 617 | 476 |
|---|
| Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense | - | - | - | - | - | - | 3 | 1 | 1 | 1 |
|---|
| Equity method investment commitments | - | - | - | - | 16 | 3 | - | 17 | 8 | -18 |
|---|
| Equity security investment commitments | - | - | - | - | - | - | - | - | - | -1 |
|---|
| Noncash Or Part Noncash, Accounting Changes | - | - | - | - | - | - | - | - | 1 | - |
|---|