Live Oak Bancshares, Inc. (LOB) NYSE

37.81

+0.45(+1.20%)

Updated at June 02 04:00PM

Currency In USD

Live Oak Bancshares, Inc.

Address

1741 Tiburon Drive

Wilmington, NC 28403

United States of America (the)

Phone

910 790 5867

Sector

Financial Services

Industry

Banks - Regional

Employees

1008

First IPO Date

July 23, 2015

Key Executives

NameTitlePayYear Born
James S. MahanChairman & Chief Executive Officer965,4321952
Walter J. PhiferChief Financial Officer471,5561984
Gregory W. SewardGeneral Counsel541,0271976
Mark MorozChief Banking Officer547,2701974
Lew WoodburyHead of Commercial Banking547,920N/A
Renato DerraikChief Information & Digital Officer and Interim Information Security Officer of Bank714,0201972
William C. LoschPresident1.22M1971
Mike McGinleyExecutive Vice President of Small Business Banking0N/A
Peter UnderwoodChief Technology Officer at Live Oak Ventures0N/A
William L. WilliamsVice Chairman & Executive Vice President01952
Claire ParkerSenior Vice President of Corporation Communications0N/A
Courtney C. SpencerChief Experience Officer01970
E. Dawn ThompsonSenior Vice President of Government Relations0N/A
John Wesley SutherlandChief Accounting Officer01971

Description

Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; wealth and investment management services to high-net-worth individuals and families; investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies; and an on-site restaurant location to company employees and business visitors. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.