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Income Statement
Live Oak Bancshares, Inc. (LOB)
source: myfinsight.com
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Loans and fees on loans
$204,513K
Investment securities,
taxable
$11,648K
Other interest
earning assets
$8,123K
Total interest income
$224,284K
Net interest income
$109,221K
Equity security
investments gains, net
$1,004K
Loan servicing
revenue
$8,565K
Lease income
$3,103K
Net gain (loss) on
loans accounted for...
$1,082K
Net gains on sales of
loans
$21,641K
Total interest
expense
$115,063K
Other noninterest
income
$4,904K
Net interest income
after provision for...
$85,969K
Total noninterest
income
$34,526K
Provision for credit
losses
$23,252K
Loan servicing asset
revaluation
-$3,057K
Borrowings
$1,683K
Deposits
$113,380K
Equity method
investments (loss) income
-$2,716K
Income before taxes
$31,202K
Total noninterest
expense
$89,293K
Net loss
attributable to...
-$41K
Net income
$23,387K
Income tax expense
$7,815K
Renewable energy tax
credit investment...
$270K
Other loan
origination and maintenance...
$4,190K
Equipment expense
$3,685K
Fdic insurance
$3,545K
Technology expense
$10,066K
Salaries and employee
benefits
$49,137K
Advertising and marketing
expense
$4,420K
Occupancy expense
$2,369K
Other expense
$6,161K
Professional services
expense
$2,874K
Travel expense
$2,576K
Net income
attributable to live oak...
$23,428K
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