Annual Financials for Live Oak Bancshares Inc.
Fiscal year is January-December. All values USD millions. |
2018 | 2019 | 2020 | 2021 | 2022 |
5-year trend |
Interest Income |
162.64M | 227.98M | 288.41M | 361.21M | 444.47M | |
Interest and Fees on Loans |
100.9M | 149.82M | 211.98M | 287.69M | 359.6M | |
Interest Income on Fed. Funds |
2.18M | 4.8M | 276,000 | 22,000 | 2.8M | |
Interest Income on Fed. Repos |
- | - | - | - | - | |
Interest on Bank Deposits |
- | - | - | - | 3.47M | |
Other Interest or Dividend Income |
55.14M | 73.36M | 76.16M | 73.5M | 78.61M | |
Interest Income Growth |
- | 40.17% | 26.51% | 25.24% | 23.05% | |
Total Interest Expense |
54.6M | 87.9M | 93.69M | 64.43M | 116.97M | |
Interest Expense on Bank Deposits |
54.47M | 87.9M | 89.73M | 59.74M | 115.04M | |
Other Interest Expense |
131,000 | 1,000 | 3.96M | 4.69M | 1.94M | |
Interest Expense on Debt |
131,000 | 1,000 | 3.96M | 4.69M | 1.94M | |
Interest Capitalized |
- | - | - | - | - | |
Other Borrowed Funds |
- | - | - | - | - | |
Total Interest Expense Growth |
- | 60.99% | 6.58% | -31.23% | 81.55% | |
|
2018 | 2019 | 2020 | 2021 | 2022 |
5-year trend |
Net Interest Income |
108.04M | 140.08M | 194.72M | 296.79M | 327.5M | |
Net Interest Income Growth |
- | 29.65% | 39.01% | 52.41% | 10.35% | |
Loan Loss Provision |
13.06M | 15.21M | 40.66M | 15.21M | 40.94M | |
Loan Loss Provision Growth |
- | 16.50% | 167.28% | -62.59% | 169.18% | |
Net Interest Income after Provision |
94.99M | 124.87M | 154.07M | 281.58M | 286.56M | |
Net Interest Inc After Loan Loss Prov Growth |
- | 31.46% | 23.38% | 82.76% | 1.77% | |
Net Interest Margin |
- | - | - | - | 3.87% | NA |
Non-Interest Income |
103.77M | 60.47M | 98.87M | 112.91M | 89.34M | |
Securities Gain |
- | 620,000 | 1.88M | - | - | |
Trading Account Income |
- | - | - | - | - | |
Trust Income, Commissions & Fees |
12.63M | 13.2M | 22.99M | 19.87M | 18.87M | |
Commission & Fee Income |
12.63M | 11.45M | 16.64M | 13.49M | 8.78M | |
Other Operating Income |
15.96M | 17.65M | 24.52M | 25.76M | 27.23M | |
Non-Interest Expense |
147.32M | 153.98M | 190.85M | 178.79M | 293.61M | |
Labor & Related Expense |
77.41M | 90.63M | 112.53M | 124.93M | 170.82M | |
Equipment Expense |
20.79M | 24.44M | 26.36M | 26.37M | 5.43M | |
Other Operating Expense |
35.44M | 29.88M | 32.1M | 55.13M | 100.98M | |
Operating Income |
51.43M | 31.35M | 62.08M | 215.69M | 82.29M | |
Operating Income Growth |
- | -39.03% | 98.00% | 247.44% | -61.85% | |
Operating Income Margin |
- | - | - | - | 15.42% | NA |
Non-Operating Income (Expense) |
- | (7.89M) | (14.69M) | (1.72M) | 144.25M | |
Non-Operating Interest Income |
- | - | - | - | - | |
Miscellaneous Non Operating Expense |
- | - | - | - | - | |
Equity in Affiliates (Pretax) |
- | (7.89M) | (14.69M) | (1.72M) | 144.25M | |
Unusual Expense |
2.68M | 602,000 | - | 3.19M | 16.22M | |
Pretax Income |
46.05M | 23.47M | 47.39M | 210.79M | 210.32M | |
Pretax Income Growth |
- | -49.04% | 101.96% | 344.80% | -0.22% | |
Pretax Margin |
- | - | - | - | 39.40% | NA |
Income Taxes |
(5.4M) | 5.43M | (12.15M) | 43.79M | 34.12M | |
Income Tax - Current - Domestic |
534,000 | 3.96M | 5.29M | 18.99M | - | |
Income Tax - Current - Foreign |
- | - | - | - | - | |
Income Tax - Deferred - Domestic |
(5.94M) | 1.47M | (17.45M) | 24.81M | 27.13M | |
Income Tax - Deferred - Foreign |
- | - | - | - | - | |
Income Tax Credits |
- | - | - | - | - | |
Equity in Affiliates |
- | - | - | - | - | |
Other After Tax Income (Expense) |
- | - | - | - | - | |
Consolidated Net Income |
51.45M | 18.03M | 59.54M | 167M | 176.21M | |
Minority Interest Expense |
- | - | - | - | - | |
Net Income |
51.45M | 18.03M | 59.54M | 167M | 176.21M | |
Net Income Growth |
- | -64.95% | 230.17% | 180.46% | 5.52% | |
Net Margin |
- | - | - | - | 33.01% | NA |
Extraordinaries & Discontinued Operations |
- | - | - | - | - | |
Extra Items & Gain/Loss Sale Of Assets |
- | - | - | - | - | |
Cumulative Effect - Accounting Chg |
- | - | - | - | - | |
Discontinued Operations |
- | - | - | - | - | |
Net Income After Extraordinaries |
- | - | - | - | - | |
Preferred Dividends |
- | - | - | - | - | |
Net Income Available to Common |
51.45M | 18.03M | 59.54M | 167M | 176.21M | |
EPS (Basic) |
1.28 | 0.45 | 1.46 | 3.87 | 4.02 | |
EPS (Basic) Growth |
- | -65.09% | 226.45% | 164.26% | 3.85% | |
Basic Shares Outstanding |
40.06M | 40.22M | 40.68M | 43.17M | 43.86M | |
EPS (Diluted) |
1.24 | 0.44 | 1.43 | 3.71 | 3.92 | |
EPS (Diluted) Growth |
- | -64.61% | 224.49% | 159.92% | 5.91% | |
Diluted Shares Outstanding |
41.45M | 41.05M | 41.77M | 45.07M | 44.91M | |