7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 
      
    		                                        
      interest income
    		                                        
      loans and fees on loans
    		204,513,000 195,616,000 194,821,000 192,170,000 181,840,000 176,010,000 169,531,000 162,722,000 152,362,000 139,052,000 127,310,000 107,880,000 94,157,000 89,198,000 88,577,000 89,388,000 84,780,000 84,993,000 79,166,000 70,621,000 62,022,000 58,961,000  49,914,000 44,966,000 40,628,000 37,724,000 36,267,000 32,691,000 29,343,000 26,977,000 23,559,000 19,754,000 16,239,000 14,961,000 12,902,000 11,005,000 10,529,000 8,704,000 7,391,000 
      investment securities, taxable
    		11,648,000 11,089,000 10,490,000 9,750,000 9,219,000 8,954,000 8,746,000 8,701,000 8,503,000 7,547,000 6,716,000 5,506,000 4,046,000 3,399,000 3,455,000 3,174,000 2,975,000 2,929,000 3,345,000 4,123,000 3,786,000 3,762,000  4,116,000 3,317,000 2,558,000 2,528,000 2,530,000 1,117,000 468,000 325,000 316,000 323,000 292,000 337,000 252,000 251,000 224,000 211,000 200,000 
      other interest earning assets
    		8,123,000 6,400,000 7,257,000 7,016,000 7,389,000 7,456,000 8,259,000 9,188,000 8,847,000 4,817,000 2,584,000 2,448,000 1,044,000 185,000 171,000 224,000 244,000 303,000 529,000 334,000 1,009,000 750,000  1,108,000 1,639,000 1,568,000 1,638,000 2,179,000 1,215,000 725,000 870,000 470,000 342,000 383,000 264,000 248,000 138,000 80,000 84,000 70,000 
      total interest income
    		224,284,000 213,105,000 212,568,000 208,936,000 198,448,000 192,420,000 186,536,000 180,611,000 169,712,000 151,416,000 136,610,000 115,834,000 99,247,000 92,782,000 92,203,000 92,786,000 87,999,000 88,225,000 83,040,000 75,078,000 66,817,000 63,473,000  55,138,000 49,922,000 44,754,000 41,890,000 40,976,000 35,023,000 30,536,000 28,172,000 24,345,000 20,419,000 16,914,000 15,562,000 13,402,000 11,394,000 10,833,000 8,999,000 7,661,000 
      interest expense
    		                                        
      deposits
    		113,380,000 110,888,000 113,357,000 110,174,000 105,358,000 101,998,000 96,695,000 90,914,000 85,003,000 67,595,000 50,357,000 31,553,000 18,777,000 14,348,000 13,817,000 14,159,000 14,820,000 16,944,000 19,195,000 22,155,000 25,121,000 23,255,000  21,203,000 19,317,000 15,959,000 14,165,000 13,927,000 10,418,000 7,330,000 6,758,000 5,592,000 4,543,000 4,283,000 3,689,000 3,243,000 2,444,000 2,105,000 1,997,000 1,801,000 
      borrowings
    		1,683,000 1,685,000 1,737,000 1,762,000 1,770,000 311,000 265,000 287,000 407,000 1,804,000 351,000 395,000 536,000 655,000 748,000 892,000 1,717,000 1,331,000 1,544,000 1,560,000 798,000 57,000     1,000 1,000 129,000 230,000 389,000 361,000 235,000 239,000 242,000 242,000 241,000 203,000 395,000 444,000 
      total interest expense
    		115,063,000 112,573,000 115,094,000 111,936,000 107,128,000 102,309,000 96,960,000 91,201,000 85,410,000 69,399,000 50,708,000 31,948,000 19,313,000 15,003,000 14,565,000 15,051,000 16,537,000 18,275,000 20,739,000 23,715,000 25,919,000 23,312,000  21,203,000 19,317,000 15,959,000 14,166,000 13,928,000 10,547,000 7,560,000 7,147,000 5,953,000 4,778,000 4,522,000 3,931,000 3,485,000 2,685,000 2,308,000 2,392,000 2,245,000 
      net interest income
    		109,221,000 100,532,000 97,474,000 97,000,000 91,320,000 90,111,000 89,576,000 89,410,000 84,302,000 82,017,000 85,902,000 83,886,000 79,934,000 77,779,000 77,638,000 77,735,000 71,462,000 69,950,000 62,301,000 51,363,000 40,898,000 40,161,000  33,935,000 30,605,000 28,795,000 27,724,000 27,048,000 24,476,000 22,976,000 21,025,000 18,392,000 15,641,000 12,392,000 11,631,000 9,917,000 8,709,000 8,525,000 6,607,000 5,416,000 
      benefit from credit losses
    		23,252,000 28,964,000 33,581,000 34,502,000 11,765,000                                    
      net interest income after benefit from credit losses
    		85,969,000 71,568,000 63,893,000 62,498,000 79,555,000                                    
      noninterest income
    		                                        
      loan servicing revenue
    		8,565,000 8,298,000 8,524,000 8,040,000 7,347,000 7,624,000 7,342,000 6,990,000 6,687,000 6,380,000 6,296,000 6,230,000 6,477,000 6,356,000 6,289,000 6,278,000 6,218,000 6,434,000 6,684,000 6,803,000 6,691,000 6,422,000  7,063,000 7,410,000 7,752,000 7,506,000 6,965,000 6,898,000 6,001,000 6,490,000 6,174,000 5,923,000 5,668,000 5,860,000 5,081,000     
      loan servicing asset revaluation
    		-3,057,000 -4,728,000 -2,326,000 -4,207,000 -2,878,000 -2,744,000 -3,974,000 11,335,000 -2,831,000 356,000 -5,016,000 -1,324,000 -8,668,000 -1,569,000 -4,160,000 -5,878,000 -3,181,000 1,493,000 -5,756,000 2,061,000 -1,571,000 -4,692,000  -403,000 -2,246,000 -627,000 -9,380,000 -3,670,000 -5,088,000 -6,307,000 -3,691,000 -1,164,000 -2,009,000 -3,340,000 -3,421,000 -1,604,000     
      net gains on sales of loans
    		21,641,000 18,648,000 18,356,000 16,646,000 14,395,000 11,502,000 12,891,000 12,675,000 10,804,000 10,175,000 7,362,000 9,275,000 5,630,000 20,977,000 20,257,000 18,860,000 16,234,000 11,929,000 14,976,000 12,690,000 10,695,000 11,112,000  6,015,000 4,198,000 5,687,000 22,004,000 23,061,000 24,418,000 23,314,000 18,148,000 18,176,000 18,952,000 22,513,000 21,833,000 14,555,000 16,425,000 20,781,000 15,424,000 15,719,000 
      net gain on loans accounted for under the fair value option
    		1,082,000  195,000 2,255,000 172,000  -170,000 -568,000 1,728,000 -4,529,000 571,000 4,420,000 -4,461,000 516,000 -66,000 -1,030,000 1,135,000 4,218,000 -4,759,000 3,403,000 -1,089,000 -10,638,000                   
      equity method investments income
    		-2,716,000 -2,239,000 -2,739,000 -1,393,000 -1,767,000 -5,022,000 47,000 -1,034,000 -2,055,000 -2,952,000 -1,818,000 29,136,000 119,056,000 -2,124,000 2,969,000 -1,250,000 -2,278,000 -1,157,000 -8,739,000 -1,231,000 -2,243,000 -2,478,000  -1,736,000                 
      equity security investments gains
    		1,004,000 20,000 12,000 909,000 161,000 -529,000 -384,000 -783,000 121,000 77,000 868,000 876,000 1,655,000 -44,000 218,000 176,000 44,253,000 105,000 107,000 14,705,000 161,000 -64,000                   
      lease income
    		3,103,000 2,573,000 2,456,000 2,424,000 2,423,000 2,453,000 2,439,000 2,498,000 2,535,000 2,535,000 2,555,000 2,516,000 2,510,000 2,503,000 2,521,000 2,527,000 2,616,000 2,599,000 2,615,000 2,634,000 2,635,000 2,624,000  2,369,000 2,325,000 2,244,000 2,194,000 1,920,000 1,608,000            
      management fee income
    		   1,116,000 3,271,000 3,271,000 3,309,000 3,277,000 3,266,000 3,472,000 3,200,000 2,844,000 2,558,000 1,488,000 1,482,000 1,489,000 1,473,000 1,934,000 2,206,000 1,296,000 1,206,000 1,644,000                   
      other noninterest income
    		4,904,000 4,043,000 6,115,000 7,142,000 11,035,000 9,761,000 8,607,000 3,501,000 3,901,000 4,065,000 5,053,000 3,751,000 3,772,000 4,565,000 4,246,000 4,104,000 3,641,000 3,502,000 5,908,000 2,093,000 4,508,000 1,501,000  1,007,000 556,000 2,686,000 950,000 744,000 841,000 1,972,000 1,783,000 798,000 1,020,000 618,000 657,000 649,000 619,000 -445,000 768,000 644,000 
      total noninterest income
    		34,526,000 25,581,000 30,593,000 32,932,000 34,159,000 26,097,000 30,107,000 37,891,000 24,156,000 19,579,000 19,071,000 57,724,000 128,529,000 32,668,000 33,756,000 25,276,000 70,111,000 31,057,000 10,803,000 47,044,000 22,411,000 5,742,000  14,701,000 13,027,000 18,065,000 24,331,000 30,613,000 30,756,000 95,441,000 25,060,000 26,667,000 25,753,000 26,327,000 25,432,000 19,348,000 22,432,000 24,368,000 17,770,000 18,135,000 
      noninterest expense
    		                                        
      salaries and employee benefits
    		49,137,000 48,008,000 45,214,000 44,524,000 46,255,000 47,275,000 44,274,000 42,947,000 43,066,000 44,765,000 42,560,000 43,479,000 46,276,000 38,507,000 32,464,000 28,202,000 32,900,000 31,366,000 29,477,000 24,203,000 30,782,000 28,063,000  21,990,000 21,855,000 14,503,000 20,553,000 22,146,000 20,209,000 18,982,000 19,037,000 17,968,000 18,682,000 17,121,000 17,471,000 15,411,000 12,993,000 12,700,000 9,949,000 9,319,000 
      travel expense
    		2,576,000 2,795,000 2,628,000 2,344,000 2,328,000 2,438,000 1,544,000 2,197,000 2,770,000 2,411,000 1,872,000 2,372,000 2,358,000 1,897,000 1,782,000 1,819,000 1,549,000 659,000 1,056,000 250,000 364,000 1,781,000  1,541,000 1,200,000 3,269,000 2,003,000 2,041,000 1,843,000 2,089,000 2,289,000 2,148,000 1,598,000 1,811,000 2,218,000 2,330,000 1,846,000 1,527,000 2,180,000 2,212,000 
      professional services expense
    		2,874,000 3,024,000 2,797,000 3,287,000 3,061,000 1,878,000 3,052,000 1,762,000 1,996,000 927,000 2,453,000 2,505,000 3,988,000 2,791,000 3,724,000 4,251,000 3,329,000 3,831,000 1,691,000 1,346,000 1,385,000 1,937,000  1,621,000 2,182,000 1,233,000 1,228,000 1,119,000 1,298,000 709,000 1,068,000 1,424,000 1,736,000 1,137,000 907,000 910,000 528,000 514,000 597,000 624,000 
      advertising and marketing expense
    		4,420,000 3,665,000 1,979,000 2,473,000 3,004,000 3,692,000 2,501,000 3,446,000 3,009,000 3,603,000 3,892,000 2,621,000 2,301,000 1,729,000 1,844,000 1,631,000 875,000 652,000 973,000 552,000 624,000 1,361,000  1,665,000 1,364,000 1,023,000 1,462,000 1,868,000 1,662,000 1,386,000 1,516,000 1,976,000 1,485,000 1,109,000 1,097,000 1,365,000 963,000 1,156,000 1,051,000 1,118,000 
      occupancy expense
    		2,369,000 2,737,000 2,558,000 2,807,000 2,388,000 2,247,000 2,231,000 2,129,000 2,205,000 1,925,000 3,469,000 2,519,000 2,773,000 2,327,000 2,045,000 2,042,000 2,224,000 2,112,000 2,302,000 2,079,000 1,955,000 2,421,000  1,848,000 1,609,000 1,738,000 1,588,000 1,882,000 1,857,000 2,177,000 1,473,000 1,350,000 1,195,000 1,267,000 1,058,000 1,055,000 1,193,000 1,588,000 699,000 731,000 
      technology expense
    		10,066,000 9,251,000 9,406,000 9,081,000 7,996,000 7,723,000 8,402,000 7,722,000 8,005,000 7,729,000 8,849,000 7,770,000 5,762,000 6,053,000                           
      equipment expense
    		3,685,000 3,745,000 3,769,000 3,472,000 3,511,000 3,074,000 3,480,000 3,676,000 4,023,000 3,818,000 3,759,000 3,761,000 3,784,000 3,816,000 4,644,000 4,567,000 4,385,000 4,354,000 4,002,000 4,314,000 4,652,000 4,635,000  4,239,000 3,325,000 3,630,000 3,649,000 3,368,000 3,077,000 2,474,000 2,228,000 1,703,000 1,074,000 550,000 611,000 534,000 551,000 781,000 584,000 350,000 
      other loan origination and maintenance expense
    		4,190,000 4,585,000 4,812,000 4,872,000 3,659,000 3,911,000 3,937,000 3,498,000 3,442,000 3,927,000 3,657,000 3,376,000 3,022,000 3,113,000 3,406,000 3,489,000 3,307,000 3,327,000 3,173,000 2,669,000 2,492,000 2,456,000  1,708,000 1,639,000 1,482,000 1,742,000 1,414,000 1,329,000 1,383,000 1,601,000 981,000 1,005,000 824,000 806,000 621,000 574,000    
      renewable energy tax credit investment (recovery) impairment
    		270,000     -927,000                                   
      fdic insurance
    		3,545,000 3,551,000 3,053,000 1,933,000 2,649,000 3,200,000 4,091,000 4,115,000 5,061,000 3,403,000 2,923,000 2,697,000 2,164,000 1,972,000 1,931,000 1,670,000 1,704,000 1,765,000 2,147,000 2,095,000 1,721,000 1,510,000  699,000 635,000 547,000 1,105,000 1,010,000 572,000 898,000 858,000 724,000 726,000        
      other income
    		6,161,000 2,656,000 3,869,000 2,681,000 2,635,000 3,226,000 5,117,000 2,770,000 2,880,000 6,329,000 2,672,000 4,036,000 2,886,000 3,509,000 2,672,000 2,861,000 3,051,000 3,185,000 4,200,000 2,133,000 1,361,000 2,170,000  1,716,000  2,527,000 1,459,000 2,704,000 2,962,000 3,134,000 3,117,000 2,383,000 3,788,000 3,933,000 1,798,000 1,502,000 1,855,000 659,000 2,206,000 1,724,000 
      total noninterest expense
    		89,293,000 84,017,000 81,257,000 77,589,000 77,656,000 77,737,000 93,204,000 74,262,000 76,457,000 78,962,000 84,585,000 83,048,000 80,879,000 65,714,000 59,698,000 55,459,000 57,558,000 58,272,000 52,435,000 42,650,000 48,100,000 49,491,000  39,576,000 38,201,000 32,558,000 41,244,000 40,830,000 38,072,000 41,024,000 35,856,000 33,300,000 32,985,000 32,384,000 27,218,000 25,132,000 21,711,000 22,189,000 18,039,000 16,800,000 
      income before taxes
    		31,202,000 13,132,000 13,229,000 17,841,000 36,058,000 22,107,000 17,484,000 42,760,000 18,973,000 3,613,000 717,000 44,393,000 122,317,000 42,897,000 47,778,000 43,233,000 76,169,000 43,608,000 12,035,000 45,483,000 5,251,000 -15,380,000  5,597,000 2,689,000 7,480,000 11,054,000 14,744,000 12,768,000 73,338,000 7,803,000 10,203,000 6,910,000 2,491,000 6,039,000 680,000 7,997,000 9,237,000 5,126,000 6,701,000 
      income tax expense
    		7,815,000  3,386,000 4,816,000 9,095,000  1,321,000 2,967,000 1,429,000 3,215,000 8,797,750 1,525,000 25,278,000 8,388,000 6,540,500 9,394,000   1,349,750 11,703,000    662,000 317,000   491,000 315,000   408,000 798,000 -2,989,000 2,561,000 557,000 3,314,000 3,523,000 2,228,000 2,766,000 
      net income
    		23,387,000 9,668,000 9,843,000 13,025,000 26,963,000 27,586,000 16,163,000 39,793,000 17,544,000 398,000 1,792,000 42,868,000 97,039,000 34,509,000 30,147,000 33,839,000 63,582,000 39,427,000 29,588,000 33,780,000 3,777,000 -7,602,000  4,935,000 2,372,000 10,490,000 14,252,000 14,253,000 12,453,000 71,730,000 12,862,000 9,795,000 6,112,000 5,480,000 3,478,000 123,000 4,683,000 5,714,000 2,898,000 3,935,000 
      yoy
    		-13.26% -64.95% -39.10% -67.27% 53.69% 6831.16% 801.95% -7.17% -81.92% -98.85% -94.06% 26.68% 52.62% -12.47% 1.89% 0.17% 1583.40% -618.64%  584.50% 59.23% -172.47%  -65.38% -80.95% -85.38% 10.81% 45.51% 103.75% 1208.94% 269.81% 7863.41% 30.51% -4.10% 20.01% -96.87%     
      qoq
    		141.90% -1.78% -24.43% -51.69% -2.26% 70.67% -59.38% 126.82% 4308.04% -77.79% -95.82% -55.82% 181.20% 14.47% -10.91% -46.78% 61.27% 33.25% -12.41% 794.36% -149.68%   108.05% -77.39% -26.40% -0.01% 14.45% -82.64% 457.69% 31.31% 60.26% 11.53% 57.56% 2727.64% -97.37% -18.04% 97.17% -26.35%  
      net income margin %
    		                                        
      net income attributable to non-controlling interest
    		41,000 49,000                                       
      net income attributable to live oak bancshares, inc.
    		23,428,000 9,717,000                            71,730,000 12,862,000 9,795,000 6,112,000 5,480,000 3,479,000 123,000 4,691,000 5,715,000 2,901,000 3,935,000 
      basic earnings per share
    		0.51 0.21 0.22 0.28 0.6 0.62 0.37 0.89 0.4 0.01 0.04 0.97 2.22 0.79 0.69 0.78 1.48 0.92 0.72 0.83 0.09 -0.19  0.12 0.06 0.26 0.36 0.36 0.31 1.94 0.34 0.28 0.18 0.16 0.1 0 0.14 0.16 0.09 0.14 
      diluted earnings per share
    		0.51 0.21 0.21 0.28 0.59 0.6 0.36 0.88 0.39 0.01 0.04 0.96 2.16 0.76 0.66 0.76 1.41 0.88 0.7 0.81 0.09 -0.19  0.12 0.06 0.26 0.34 0.34 0.3 1.87 0.33 0.27 0.17 0.15 0.1 0 0.13 0.17 0.09 0.13 
      net income on loans accounted for under the fair value option
    		 -1,034,000    -219,000                                   
      income tax benefit
    		 3,464,000               12,587,000 4,181,000   1,474,000     -598,000 -3,198,000              
      renewable energy tax credit investment impairment
    		  1,172,000 115,000 170,000  14,575,000   69,000 8,446,000 7,721,000 50,000   60,000  3,127,000      602,000                 
      benefit from loan and lease credit losses
    		     16,364,000 8,995,000 10,279,000 13,028,000 19,021,000 19,671,000 14,169,000 5,267,000  3,918,000 4,319,000 7,846,000  8,634,000 10,274,000 9,958,000 11,792,000                   
      net interest income after benefit from loan and lease credit losses
    		     73,747,000 80,581,000 79,131,000 71,274,000 62,996,000 66,231,000 69,717,000 74,667,000  73,720,000 73,416,000 63,616,000  53,667,000 41,089,000 30,940,000 28,369,000                   
      income tax (benefit) expense
    		     -5,479,000                -7,778,000        1,608,000 -5,059,000          
      contributions and donations
    		         56,000 33,000 191,000 5,515,000                            
      benefit from (recovery of) loan and lease credit losses
    		             1,836,000                           
      net interest income after benefit from (recovery of) loan and lease credit losses
    		             75,943,000                           
      gain on sale of investment securities available-for-sale
    		                   1,225,000 734,000 -79,000   5,000          1,000   1,000 12,000  
      data processing expense
    		              5,186,000 4,867,000 4,234,000 3,894,000 3,414,000 3,009,000 2,764,000 3,157,000  1,947,000 2,399,000 2,606,000 3,661,000 2,906,000 2,837,000 2,913,000 1,982,000 1,858,000 1,696,000 1,435,000 1,252,000 1,404,000 1,208,000 1,195,000 773,000 722,000 
      (recovery of) benefit from loan and lease credit losses
    		                 -873,000                       
      net interest income after (recovery of) benefit from loan and lease credit losses
    		                 70,823,000                       
      loss on sale of investment securities available-for-sale
    		                                        
      construction supervision fee income
    		                  609,750 1,365,000 684,000 390,000  386,000 779,000 323,000 578,000 597,000 779,000 699,000 362,000 286,000 429,000 868,000 502,000 667,000 630,000    
      benefit from loan and lease losses
    		                       3,463,000 2,742,000   2,087,000 4,392,000 4,055,000 2,426,000 1,556,000 1,499,000        
      net interest income after benefit from loan and lease losses
    		                       30,472,000 27,863,000 21,973,000 27,967,000 24,961,000 20,084,000 18,921,000 18,599,000 16,836,000 14,142,000        
      title insurance income
    		                          479,000 996,000 1,300,000 1,762,000 1,968,000 2,397,000 1,438,000        
      title insurance closing services expense
    		                          114,000 372,000 426,000 541,000 687,000 785,000         
      other noninterest expense
    		                        1,993,000                
      benefit from (recovery of) loan and lease losses
    		                         1,559,000 -243,000              
      impairment expense on goodwill and other intangibles
    		                          2,680,000              
      net income attributable to noncontrolling interest
    		                                  1,000  8,000 1,000 3,000  
      benefit from loan losses
    		                                 3,844,000 3,806,000 3,453,000 1,433,000 584,750 1,212,000 50,000 
      net interest income after benefit from loan losses
    		                                 8,548,000 7,825,000 6,464,000 7,276,000 3,681,250 5,395,000 5,366,000 
      equity in loss of non-consolidated affiliates
    		                                        
      gain on sale of investment in non-consolidated affiliate
    		                                        
      loan servicing revenue and revaluation
    		                                    4,758,000 2,408,000 1,566,000 1,772,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.