Live Oak Banking Company

Branches

Your current location is: New York, NY

Live Oak Banking Company Locations

Rates - September 25, 2018

Your current location is: New York, NY

CD RATES APY MIN MAX
6 Mo CD 2.5K
2.00% $2,500 $250,000 Compare
12 Mo CD 2.5K
2.50% $2,500 $250,000 Compare
18 Mo CD 2.5K
2.55% $2,500 $250,000 Compare
24 Mo CD 2.5K
2.75% $2,500 $250,000 Compare
36 Mo CD 2.5K
2.80% $2,500 $250,000 Compare
48 Mo CD 2.5K
2.85% $2,500 $250,000 Compare
60 Mo CD 2.5K
3.05% $2,500 $250,000 Compare
SAVINGS RATES APY MIN MAX
SAV
1.80% $0 - Compare

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58665
Date Established 2008
Assets $3.42 billion
Loans $2.28 billion
Deposits $3.00 billion
Capital $0.37 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.39 billion
Interest-bearing balances $0.37 billion
Total securities $0.38 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $2.28 billion
Loan loss allowance $0.03 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.05 billion
All other assets $0.21 billion
     Total Assets $3.04 billion

LIABILITIES
Total deposits $3.00 billion
      Interest-bearing deposits $2.92 billion
      Deposits held in domestic offices $3.00 billion
      % insured (estimated) 85.64%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.05 billion
      Total Liabilities $3.04 billion
      Shareholders’ Equity $0.37 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.08 billion
Total Interest Expense $0.02 billion
Net interest income $0.05 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.06 billion
Total non interest expense $0.07 billion
Pre-tax Net Operating Income $0.04 billion

Live Oak Banking Company is an FDIC insured institution headquartered at 1757 Tiburon Drive, Wilmington, NC 28403.
It was founded in 2008 and has approximately $3 billion in assets. Customers can open an account at one of its 1 branches.

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    ONLINE CD
    Bank
    -
    $50,000
    6 Month
    2.00%
    3.89x (National Avg. - 0.51%)
    $2,500
    -
    SCENARIO
    $compareResults
    Year Rate
    2.00%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,000 700
    2 51,000 1,020 714
    3 52,020 1,040 728
    4 53,060 1,061 743
    5 54,122 1,082 758
    6 55,204 1,104 773
    7 56,308 1,126 788
    8 57,434 1,149 804
    9 58,583 1,172 820
    10 59,755 1,195 837
    11 60,950 1,219 853
    12 62,169 1,243 870
    13 63,412 1,268 888
    14 64,680 1,294 906
    15 65,974 1,319 924
    16 67,293 1,346 942
    17 68,639 1,373 961
    18 70,012 1,400 980
    19 71,412 1,428 1,000
    20 72,841 1,457 1,020
    TOTAL $24,297 $17,008
  • 2
    ONLINE CD
    Online Bank
    -
    $50,000
    12 Month
    2.55%
    3.05x (National Avg. - 0.84%)
    $500
    -
    SCENARIO
    $compareResults
    Year Rate
    2.55%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,275 893
    2 51,275 1,308 915
    3 52,583 1,341 939
    4 53,923 1,375 963
    5 55,298 1,410 987
    6 56,709 1,446 1,012
    7 58,155 1,483 1,038
    8 59,638 1,521 1,065
    9 61,158 1,560 1,092
    10 62,718 1,599 1,120
    11 64,317 1,640 1,148
    12 65,957 1,682 1,177
    13 67,639 1,725 1,207
    14 69,364 1,769 1,238
    15 71,133 1,814 1,270
    16 72,947 1,860 1,302
    17 74,807 1,908 1,335
    18 76,714 1,956 1,369
    19 78,671 2,006 1,404
    20 80,677 2,057 1,440
    TOTAL $32,734 $22,914
  • 3
    ONLINE CD
    Online Bank
    -
    $50,000
    60 Month
    3.10%
    1.90x (National Avg. - 1.64%)
    $500
    -
    SCENARIO
    $compareResults
    Year Rate
    3.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,550 1,085
    2 51,550 1,598 1,119
    3 53,148 1,648 1,153
    4 54,796 1,699 1,189
    5 56,494 1,751 1,226
    6 58,246 1,806 1,264
    7 60,051 1,862 1,303
    8 61,913 1,919 1,344
    9 63,832 1,979 1,385
    10 65,811 2,040 1,428
    11 67,851 2,103 1,472
    12 69,954 2,169 1,518
    13 72,123 2,236 1,565
    14 74,359 2,305 1,614
    15 76,664 2,377 1,664
    16 79,041 2,450 1,715
    17 81,491 2,526 1,768
    18 84,017 2,605 1,823
    19 86,622 2,685 1,880
    20 89,307 2,769 1,938
    TOTAL $42,075 $29,453