# LIVE OAK BANKING CO
WILMINGTON, NC · FDIC certificate 58665 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $15.96B | |
| Deposits | $14.68B | |
| Loans and leases | $13.14B | |
| Total equity | $1.21B | |
| Loans / deposits | 88.21% (p61 of band) | 85.78% |
| Liquid assets / assets | 15.00% (p14 of band) | |
| Uninsured deposits / deposits | 16.60% (p19 of band) | 38.39% |
| Brokered deposits | 26.45% | |
| Wholesale funding | 26.45% (p92 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 7.99% (p12 of band) | 10.17% |
| Unrealized securities loss / equity | -5.70% (p61 of band) | -7.43% |
| AOCI / equity | -0.65% (p30 of band) | |
| ROA (annualized) | 0.96% (p24 of band) | 1.24% |
| Net interest margin | 3.34% (p39 of band) | 3.57% |
| Efficiency ratio | 53.22% (p47 of band) | |
| Noncurrent loans | 4.01% (p98 of band) | 0.66% |
| Net charge-offs (annualized) | 0.55% (p92 of band) | |
| Reserve coverage of noncurrent | 36.66% | |
| Real estate % of loans | 55% | |
| Construction % of loans | 79.92% (p95 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $1.15B (95% of equity) (p90 of band) | |
| Deposits YoY | 16.2% | |
| Employees | 1038 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, NIM <2.5%, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 3 |  | NIM <2.5% |
| 2011-12 | 3 |  |  |
| 2012-03 | 5 | capital falling, charge-offs p90 |  |
| 2012-06 | 3 |  | capital falling, charge-offs p90 |
| 2012-09 | 3 | construction >100% equity | wholesale funding >15% |
| 2012-12 | 3 | capital falling | brokered >10% |
| 2013-03 | 4 | charge-offs p90 |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 4 | brokered >10% | charge-offs p90 |
| 2013-12 | 2 |  | capital falling, brokered >10% |
| 2014-03 | 3 | brokered >10% |  |
| 2014-06 | 3 |  |  |
| 2014-09 | 3 | noncurrent p90 | brokered >10% |
| 2014-12 | 5 | brokered >10%, wholesale funding >15% |  |
| 2015-03 | 4 | capital falling | brokered >10%, wholesale funding >15% |
| 2015-06 | 5 | brokered >10%, wholesale funding >15% | capital falling |
| 2015-09 | 5 |  |  |
| 2015-12 | 4 |  | noncurrent p90 |
| 2016-03 | 5 | capital falling |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 4 |  | reserve under noncurrent |
| 2016-12 | 4 | reserve under noncurrent | capital falling |
| 2017-03 | 5 | charge-offs p90 |  |
| 2017-06 | 5 | capital falling | charge-offs p90 |
| 2017-09 | 4 |  | capital falling |
| 2017-12 | 4 | uninsured deposits leaving | reserve under noncurrent |
| 2018-03 | 5 | noncurrent p90, reserve under noncurrent | uninsured deposits leaving |
| 2018-06 | 6 | capital falling |  |
| 2018-09 | 5 |  | capital falling |
| 2018-12 | 5 |  |  |
| 2019-03 | 5 |  |  |
| 2019-06 | 6 | capital falling |  |
| 2019-09 | 6 |  |  |
| 2019-12 | 6 |  |  |
| 2020-03 | 9 | losing money, expense ratio p90, charge-offs p90 |  |
| 2020-06 | 8 |  | charge-offs p90 |
| 2020-09 | 5 | loans exceed deposits, charge-offs p90 | construction >100% equity, noncurrent p90, capital falling, losing money, expense ratio p90 |
| 2020-12 | 4 |  | charge-offs p90 |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 |  | loans exceed deposits |
| 2021-09 | 4 | noncurrent p90 |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 5 | charge-offs p90 |  |
| 2022-06 | 4 |  | noncurrent p90 |
| 2022-09 | 6 | capital falling, noncurrent p90, construction >100% equity | charge-offs p90 |
| 2022-12 | 6 |  |  |
| 2023-03 | 8 | expense ratio p90, charge-offs p90 |  |
| 2023-06 | 6 |  | construction >100% equity, charge-offs p90 |
| 2023-09 | 4 |  | capital falling, expense ratio p90 |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 5 | loans-to-lenders >50% equity |  |
| 2024-12 | 7 | capital falling, charge-offs p90 |  |
| 2025-03 | 6 |  | charge-offs p90 |
| 2025-06 | 7 | charge-offs p90 |  |
| 2025-09 | 6 |  | capital falling |
| 2025-12 | 6 |  |  |
| 2026-03 | 6 |  |  |
| 2026-06 | 6 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-17 [In Business Madison Data Center - In Business Madison](https://news.google.com/rss/articles/CBMiUEFVX3lxTFBLSW1FckUwSEttZmxPYmk5cUVfaFdRbHNTbk55YXo3ZEVXZUJtNmZmb2dHTTZuRWxPd1pNS3o2NUpCelNZUzByMF9XS0dGYjZJ?oc=5) · In Business Madison
- 2025-12-18 [These banks are issuing the most SBA loans in eastern Pennsylvania - The Business Journals](https://news.google.com/rss/articles/CBMimgFBVV95cUxPLURCdEkxM0xNWVZnbUlTeGljR1VjMjdGSVB5X0E2TF9KN3JHc2QyM2tlR2VkWS1kY3RWbEVGaS1rejdpNUtET0V3ZlpzRTdJdUl6RU5UYWpCRElEejJVQVFmZ05tS0w2dE9SaE93dmgyRmZxNmVKVFVLR3dqYzdwSkhWQkZ4djBPWExicUxLRmtzamE0U2k3dG9n?oc=5) · The Business Journals
- 2015-07-23 [Live Oak Bank goes public, makes NASDAQ debut - Port City Daily](https://news.google.com/rss/articles/CBMimAFBVV95cUxPYWMtSmlPbXZfZlZsai1LTEM3dUdBRmZRUTZmZWhxNXFPdGdrUndDVTYxOFNScUtJZkVzaGdQRVVSMlRvUTVJUlkza19rdlk0a2pRNFVKS0w0bGRTc3dHX3dpVGRKcjZRUWJzMXdKQ0N0SmdXT2FiLW44eDFvY0lmTk40ajR5azBiRXY5dnJOUzVpNWVaZmc0ZQ?oc=5) · Port City Daily
- 2023-05-03 [Biggest Bank Failures: 3 Financial Stocks to Avoid Now - Seeking Alpha](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPOWlaNDQtU3pmNDZnWk96dGdPUnFWSWNQeFVRMXRfNjNLTEdlR1FzSTdLUnFyenljbzVBR241ajdHM1pMNXEyM1FZRnFaaFJVMlhRc0RnX3BLOF9rU2VuNHBUVURnQnNCTzdrbDZjMHhtcldDd01KLVFscGc3amxRMURFaGNyQ3FaUEJ2ZENzVUlfTFFubEdGUDR3T29jUXhUMmNwUUJrNEF1dw?oc=5) · Seeking Alpha
- 2017-06-06 [NC banking: Largest regional banks based outside the state - Business North Carolina](https://news.google.com/rss/articles/CBMigwFBVV95cUxObTR5WWpFSURZcFdyYkxKN3g5VFlxOEhFRDhwNEtSMUwyRVlOazh4QlM5QVd4TlNzcHVsNzlTSWdnSXBRWERjSlBVRnRfMjRRaXNOaS00Q3lOWDdwUEV2UGxfa3RZSjlnVmlTeWFoSEhDOHY5YWRnTERoUHBKWm5sVzgzTQ?oc=5) · Business North Carolina
- 2025-04-09 [Lakeland's Brew Hub says beer will still flow despite lawsuit filed against its investors - Lakeland Ledger](https://news.google.com/rss/articles/CBMizAFBVV95cUxNTzdRcGQyS09iNEdCZldQVWd4V3oxNG9OWEc5QWtnTkFjX3hjeGt5MzUwRXBPY2stbHQ3R1RUdzdYbUFRNFRMUXBfYks3TW9hUFY5WWJxaldlbkdMZTNJdXhSSkp1dW4zbVloSmU2RktXUmFBaDRkT3RNQmpadUFCNzJhb3FkWDhiMldTSGtsTFhhY2x5R2R4VW81VEdySjZ3ZF9aS3JJM05vMFR0WTdNVmdMUFlwS1ZwYTA4VEN3TjJNWmpYOUVxdUcwU0c?oc=5) · Lakeland Ledger
- 2025-12-19 [Huntington again leads the way among 10 biggest SBA lenders to Cincinnati companies in 2025 - The Business Journals](https://news.google.com/rss/articles/CBMinwFBVV95cUxNNTV1QWZwNHlZRVNSel9UU2p4eEZKSm5fV0RhOURTU2hhNGFoRWM4TWE3Q2g2LUhZWnRybHRsaWVQVW9IM0QtUlV0R0VrZ3dwXzhzNnItam1DcVdwckxkcGxLX2sxb3VISkhYTXhEM2c2THNuOUVNZTl3WHR4ck54bnVmeGpDUTE0RTVIeDFHWFk1YnhuOEZ3R1YtSlJ2QkE?oc=5) · The Business Journals
- 2024-06-23 [SBA lenders help businesses confront capital challenges in North Texas - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOY1cyTHJtMDNMVm4wNmNVMmpETjktVFVTRE5KZ3loRF8ySTRBcGxiaWtUejhBT1dnZWNhRU84QnJzV3l3MXdtTE8zSnlyNWJjMDhPVzZPSjZUU2VpSVQyaDBwZEpsdXR2MXQ4YTdMYWo5TkRoRUgtUnVuMEtvWmd2NW9PM2g3eFV4WkVoSGUzVHlTY29ybnhGakkycmdoZjNSLWhR?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58665 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/41.json (key "58665", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide