| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 10,629 | 18,426 | ||
| Interest-bearing deposits in banks | 816,758 | 734,136 | ||
| Total cash and cash equivalents | 827,387 | 752,562 | ||
| Restricted cash | 18,283 | 21,759 | ||
| Fair value, due after 1 year through 5 years | 3,361,514 | - | ||
| Fair value, due after 5 years through 10 years | 44,527 | - | ||
| Fair value, due after 10 years | 336,263 | - | ||
| Securities available for sale at fair value (3,769,472 and 3,492,264 at amortized cost, respectively) | 3,742,304 | 3,527,142 | ||
| Loans held for sale at fair value | 1,213,140 | 1,008,168 | ||
| Loans and leases held for investment | 4,363,415 | 4,386,321 | ||
| Gross allowance for loan and lease losses | 308,218 | - | ||
| Recovery asset value | 40,444 | - | ||
| Allowance for loan and lease losses | 267,774 | 252,989 | ||
| Loans and leases held for investment, net | 4,095,641 | 4,133,332 | ||
| Loans held for investment at fair value | 477,784 | 631,736 | ||
| Property, equipment and software, net | 250,330 | 246,284 | ||
| Goodwill | 75,717 | 75,717 | ||
| Other assets | 371,929 | 378,633 | ||
| Total assets | 11,072,515 | 10,775,333 | ||
| Savings and money market accounts | 6,379,517 | - | ||
| Certificates of deposit | 2,230,613 | - | ||
| Checking accounts | 431,282 | - | ||
| Interest-bearing | 9,041,412 | 8,785,727 | ||
| Noninterest-bearing | 346,821 | 350,397 | ||
| Total deposits | 9,388,233 | 9,136,124 | ||
| Accounts payable and accrued expenses | 81,153 | - | ||
| Due to borrowers | 34,037 | - | ||
| Operating lease liabilities | 19,130 | - | ||
| Payable to investors | 17,574 | - | ||
| Other | 70,175 | - | ||
| Other liabilities | 222,069 | 233,174 | ||
| Total liabilities | 9,610,302 | 9,369,298 | ||
| Common stock, 0.01par value 180,000,000shares authorized 115,301,440 and 113,383,917shares issued and outstanding, respectively | 1,153 | 1,147 | ||
| Additional paid-in capital | 1,722,113 | 1,718,520 | ||
| Accumulated deficit | -243,353 | -287,627 | ||
| Accumulated other comprehensive loss | -17,700 | -26,005 | ||
| Total equity | 1,462,213 | 1,406,035 | ||
| Total liabilities and equity | 11,072,515 | 10,775,333 | ||
LendingClub Corp (LC)
LendingClub Corp (LC)