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10-Q Filing

LENDINGCLUB CORP CIK: 1409970 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001409970-21-000070
Period End Date 20210930
Filing Date 20211103
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance lc-20210930_htm.xml
Balance Sheet 112 line items
Line Item Tag Value Unit Period
Cash and due from banks CashAndDueFromBanks $22.60M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $5.20M USD Point-in-time
Interest-bearing deposits in banks InterestBearingDepositsInBanks $839.55M USD Point-in-time
Interest-bearing deposits in banks InterestBearingDepositsInBanks $519.77M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $524.96M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $862.15M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $77.58M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $103.52M USD Point-in-time
Securities available for sale at fair value (includes $268,732 and $159,164 at amortized cost, respectively) AvailableForSaleSecuritiesDebtSecurities $274.93M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $77.58M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $103.52M USD Point-in-time
Securities available for sale at fair value (includes $268,732 and $159,164 at amortized cost, respectively) AvailableForSaleSecuritiesDebtSecurities $142.23M USD Point-in-time
Loans held for sale at fair value LoansHeldForSaleFairValueDisclosure $121.90M USD Point-in-time
Loans held for sale at fair value LoansHeldForSaleFairValueDisclosure $121.90M USD Point-in-time
Loans held for sale at fair value LoansHeldForSaleFairValueDisclosure $152.16M USD Point-in-time
Loans held for sale at fair value LoansHeldForSaleFairValueDisclosure $152.16M USD Point-in-time
Loans and leases held for investment FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss - USD Point-in-time
Retail and certificate loans held for investment at fair value RetailLoansReceivableFairValueDisclosure $636.69M USD Point-in-time
Retail and certificate loans held for investment at fair value RetailLoansReceivableFairValueDisclosure $298.54M USD Point-in-time
Loans and leases held for investment FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $2.71B USD Point-in-time
Allowance for loan and lease losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $71.08M USD Point-in-time
Other loans held for investment at fair value FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $2.60B USD Point-in-time
Other loans held for investment at fair value FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss - USD Point-in-time
Allowance for loan and lease losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest - USD Point-in-time
Allowance for loan and lease losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $104.74M USD Point-in-time
Other assets OtherAssets $283.13M USD Point-in-time
Other assets OtherAssets $187.40M USD Point-in-time
Loans and leases held for investment, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $2.60B USD Point-in-time
Loans and leases held for investment, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss - USD Point-in-time
Total assets Assets $4.75B USD Point-in-time
Total assets Assets $1.86B USD Point-in-time
Retail and certificate loans held for investment at fair value RetailLoansReceivableFairValueDisclosure $636.69M USD Point-in-time
Retail and certificate loans held for investment at fair value RetailLoansReceivableFairValueDisclosure $298.54M USD Point-in-time
Retail notes, certificates and secured borrowings at fair value RetailNotesAndCertificatesAtFairValue $636.77M USD Point-in-time
Other loans held for investment at fair value OtherLoansReceivableFairValueDisclosure $27.23M USD Point-in-time
Retail notes, certificates and secured borrowings at fair value RetailNotesAndCertificatesAtFairValue $298.54M USD Point-in-time
Other loans held for investment at fair value OtherLoansReceivableFairValueDisclosure $49.95M USD Point-in-time
Property, equipment and software, net PropertyPlantAndEquipmentNet $96.07M USD Point-in-time
Property, equipment and software, net PropertyPlantAndEquipmentNet $96.64M USD Point-in-time
Payable on Structured Program borrowings PayableToStructuredProgramNoteAndCertificateHoldersAtFairValue $152.81M USD Point-in-time
Payable on Structured Program borrowings PayableToStructuredProgramNoteAndCertificateHoldersAtFairValue $89.25M USD Point-in-time
Goodwill Goodwill $75.72M USD Point-in-time
Other liabilities OtherLiabilities $265.84M USD Point-in-time
Other liabilities OtherLiabilities $244.55M USD Point-in-time
Goodwill Goodwill - USD Point-in-time
Other assets OtherAssets $283.13M USD Point-in-time
Other assets OtherAssets $187.40M USD Point-in-time
Total liabilities Liabilities $1.14B USD Point-in-time
Total liabilities Liabilities $3.95B USD Point-in-time
Securities available for sale at amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $159.16M USD Point-in-time
Securities available for sale at amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $268.73M USD Point-in-time
Total assets Assets $4.75B USD Point-in-time
Total assets Assets $1.86B USD Point-in-time
Preferred stock, par value ($ per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value ($ per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, authorized (shares) PreferredStockSharesAuthorized 1.20M shares Point-in-time
Preferred stock, authorized (shares) PreferredStockSharesAuthorized 1.20M shares Point-in-time
Preferred stock, issued (shares) PreferredStockSharesIssued 43,000.00 shares Point-in-time
Preferred stock, issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Interest-bearing InterestBearingDepositLiabilities $2.61B USD Point-in-time
Preferred stock, outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, outstanding (shares) PreferredStockSharesOutstanding 43,000.00 shares Point-in-time
Interest-bearing InterestBearingDepositLiabilities - USD Point-in-time
Common stock, par value ($ per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities - USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $224.06M USD Point-in-time
Common stock, par value ($ per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value ($ per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, authorized (shares) CommonStockSharesAuthorized 180.00M shares Point-in-time
Total deposits Deposits $2.84B USD Point-in-time
Common stock, authorized (shares) CommonStockSharesAuthorized 180.00M shares Point-in-time
Total deposits Deposits - USD Point-in-time
Common stock, shares issued (shares) CommonStockSharesIssued 88.15M shares Point-in-time
Short-term borrowings ShortTermBorrowings $104.99M USD Point-in-time
Common stock, shares issued (shares) CommonStockSharesIssued 99.78M shares Point-in-time
Short-term borrowings ShortTermBorrowings $46.11M USD Point-in-time
Common stock, shares outstanding (shares) CommonStockSharesOutstanding 99.78M shares Point-in-time
Advances from Paycheck Protection Program Liquidity Facility (PPPLF) AdvancesFromPaycheckProtectionProgramLiquidityFacilityOutstandingAmount $391.94M USD Point-in-time
Common stock, shares outstanding (shares) CommonStockSharesOutstanding 88.15M shares Point-in-time
Advances from Paycheck Protection Program Liquidity Facility (PPPLF) AdvancesFromPaycheckProtectionProgramLiquidityFacilityOutstandingAmount - USD Point-in-time
Retail notes, certificates and secured borrowings at fair value RetailNotesAndCertificatesAtFairValue $636.77M USD Point-in-time
Retail notes, certificates and secured borrowings at fair value RetailNotesAndCertificatesAtFairValue $298.54M USD Point-in-time
Treasury stock (shares) TreasuryStockShares 4,251.00 shares Point-in-time
Treasury stock (shares) TreasuryStockShares 0.00 shares Point-in-time
Payable on Structured Program borrowings PayableToStructuredProgramNoteAndCertificateHoldersAtFairValue $152.81M USD Point-in-time
Payable on Structured Program borrowings PayableToStructuredProgramNoteAndCertificateHoldersAtFairValue $89.25M USD Point-in-time
Other long-term debt OtherLongTermDebt $15.56M USD Point-in-time
Other long-term debt OtherLongTermDebt - USD Point-in-time
Other liabilities OtherLiabilities $265.84M USD Point-in-time
Other liabilities OtherLiabilities $244.55M USD Point-in-time
Total liabilities Liabilities $1.14B USD Point-in-time
Total liabilities Liabilities $3.95B USD Point-in-time
Series A Preferred stock, $0.01 par value; 1,200,000 shares authorized; 0 and 43,000 shares issued and outstanding, respectively PreferredStockValue - USD Point-in-time
Series A Preferred stock, $0.01 par value; 1,200,000 shares authorized; 0 and 43,000 shares issued and outstanding, respectively PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 180,000,000 shares authorized; 99,782,192 and 88,149,510 shares issued and outstanding, respectively CommonStockValue $998.00K USD Point-in-time
Common stock, $0.01 par value; 180,000,000 shares authorized; 99,782,192 and 88,149,510 shares issued and outstanding, respectively CommonStockValue $881.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.59B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-796.74M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-786.21M USD Point-in-time
Treasury stock, at cost; 4,251 and 0 shares, respectively TreasuryStockValue - USD Point-in-time
Treasury stock, at cost; 4,251 and 0 shares, respectively TreasuryStockValue $92.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.48M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $5.98M USD Point-in-time
Total equity StockholdersEquity $724.17M USD Point-in-time
Total equity StockholdersEquity $762.36M USD Point-in-time
Total equity StockholdersEquity $804.79M USD Point-in-time
Total equity StockholdersEquity $733.89M USD Point-in-time
Total equity StockholdersEquity $746.14M USD Point-in-time
Total equity StockholdersEquity $900.19M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.75B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.86B USD Point-in-time
Income Statement 120 line items
Line Item Tag Value Unit Period
Marketplace revenue InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions $174.56M USD 1 Quarter
Marketplace revenue InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions $408.02M USD 3 Qtrs
Marketplace revenue InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions $175.99M USD 3 Qtrs
Marketplace revenue InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions $54.63M USD 1 Quarter
Other non-interest income NoninterestIncomeOtherOperatingIncome $10.17M USD 3 Qtrs
Other non-interest income NoninterestIncomeOtherOperatingIncome $3.12M USD 1 Quarter
Other non-interest income NoninterestIncomeOtherOperatingIncome $6.32M USD 1 Quarter
Other non-interest income NoninterestIncomeOtherOperatingIncome $18.67M USD 3 Qtrs
Total non-interest income NoninterestIncome $426.69M USD 3 Qtrs
Total non-interest income NoninterestIncome $57.75M USD 1 Quarter
Total non-interest income NoninterestIncome $180.88M USD 1 Quarter
Total non-interest income NoninterestIncome $186.16M USD 3 Qtrs
Interest on loans held for sale InterestAndFeeIncomeNonmortgageLoansAndLeasesHeldForSale $14.92M USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeNonmortgageLoansAndLeasesHeldForSale $67.58M USD 3 Qtrs
Interest on loans held for sale InterestAndFeeIncomeNonmortgageLoansAndLeasesHeldForSale $8.54M USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeNonmortgageLoansAndLeasesHeldForSale $22.39M USD 3 Qtrs
Interest and fees on loans and leases held for investment InterestAndFeeIncomeLoansAndLeasesHeldForInvestment - USD 1 Quarter
Interest and fees on loans and leases held for investment InterestAndFeeIncomeLoansAndLeasesHeldForInvestment $112.01M USD 3 Qtrs
Interest and fees on loans and leases held for investment InterestAndFeeIncomeLoansAndLeasesHeldForInvestment $57.64M USD 1 Quarter
Interest and fees on loans and leases held for investment InterestAndFeeIncomeLoansAndLeasesHeldForInvestment - USD 3 Qtrs
Interest on retail and certificate loans held for investment at fair value InterestAndFeeIncomeLoansRetail $92.19M USD 3 Qtrs
Interest on retail and certificate loans held for investment at fair value InterestAndFeeIncomeLoansRetail $27.12M USD 1 Quarter
Interest on retail and certificate loans held for investment at fair value InterestAndFeeIncomeLoansRetail $48.45M USD 3 Qtrs
Interest on retail and certificate loans held for investment at fair value InterestAndFeeIncomeLoansRetail $12.17M USD 1 Quarter
Interest on other loans held for investment at fair value InterestAndFeeIncomeOtherLoans $973.00K USD 1 Quarter
Interest on other loans held for investment at fair value InterestAndFeeIncomeOtherLoans $6.02M USD 3 Qtrs
Interest on other loans held for investment at fair value InterestAndFeeIncomeOtherLoans $1.95M USD 1 Quarter
Interest on other loans held for investment at fair value InterestAndFeeIncomeOtherLoans $3.67M USD 3 Qtrs
Interest on securities available for sale InterestIncomeDebtSecuritiesAvailableForSaleOperating $2.75M USD 1 Quarter
Interest on securities available for sale InterestIncomeDebtSecuritiesAvailableForSaleOperating $9.93M USD 3 Qtrs
Interest on securities available for sale InterestIncomeDebtSecuritiesAvailableForSaleOperating $7.95M USD 3 Qtrs
Interest on securities available for sale InterestIncomeDebtSecuritiesAvailableForSaleOperating $3.18M USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $1.02M USD 3 Qtrs
Other interest income OtherInterestAndDividendIncome $355.00K USD 1 Quarter
Other interest income OtherInterestAndDividendIncome $701.00K USD 3 Qtrs
Other interest income OtherInterestAndDividendIncome $38.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $176.74M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $82.86M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $46.77M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $195.18M USD 3 Qtrs
Interest on deposits InterestExpenseDeposits - USD 3 Qtrs
Interest on deposits InterestExpenseDeposits - USD 1 Quarter
Interest on deposits InterestExpenseDeposits $1.90M USD 1 Quarter
Interest on deposits InterestExpenseDeposits $4.61M USD 3 Qtrs
Interest on short-term borrowings InterestExpenseShortTermBorrowings $3.18M USD 1 Quarter
Interest on short-term borrowings InterestExpenseShortTermBorrowings $3.12M USD 3 Qtrs
Interest on short-term borrowings InterestExpenseShortTermBorrowings $849.00K USD 1 Quarter
Interest on short-term borrowings InterestExpenseShortTermBorrowings $16.33M USD 3 Qtrs
Interest on retail notes, certificates and secured borrowings InterestExpenseRetailNotesCertificatesAndSecuredBorrowings $92.19M USD 3 Qtrs
Interest on retail notes, certificates and secured borrowings InterestExpenseRetailNotesCertificatesAndSecuredBorrowings $12.17M USD 1 Quarter
Interest on retail notes, certificates and secured borrowings InterestExpenseRetailNotesCertificatesAndSecuredBorrowings $48.45M USD 3 Qtrs
Interest on retail notes, certificates and secured borrowings InterestExpenseRetailNotesCertificatesAndSecuredBorrowings $27.12M USD 1 Quarter
Interest on Structured Program borrowings InterestOnPayablesOnStructuredProgramBorrowings $11.42M USD 3 Qtrs
Interest on Structured Program borrowings InterestOnPayablesOnStructuredProgramBorrowings $2.12M USD 1 Quarter
Interest on Structured Program borrowings InterestOnPayablesOnStructuredProgramBorrowings $8.00M USD 3 Qtrs
Interest on Structured Program borrowings InterestOnPayablesOnStructuredProgramBorrowings $3.05M USD 1 Quarter
Interest on other long-term debt InterestExpenseLongTermDebt $532.00K USD 1 Quarter
Interest on other long-term debt InterestExpenseLongTermDebt $1.31M USD 3 Qtrs
Interest on other long-term debt InterestExpenseLongTermDebt $137.00K USD 1 Quarter
Interest on other long-term debt InterestExpenseLongTermDebt $372.00K USD 3 Qtrs
Total interest expense InterestExpense $65.48M USD 3 Qtrs
Total interest expense InterestExpense $33.48M USD 1 Quarter
Total interest expense InterestExpense $120.31M USD 3 Qtrs
Total interest expense InterestExpense $17.57M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $129.70M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $65.29M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $13.29M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $56.43M USD 3 Qtrs
Total net revenue RevenuesNetOfInterestExpense $556.39M USD 3 Qtrs
Total net revenue RevenuesNetOfInterestExpense $242.59M USD 3 Qtrs
Total net revenue RevenuesNetOfInterestExpense $246.17M USD 1 Quarter
Total net revenue RevenuesNetOfInterestExpense $71.04M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $37.52M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $3.80M USD 3 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $-3.67M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $93.65M USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $58.65M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $199.99M USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $73.30M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $209.65M USD 3 Qtrs
Marketing MarketingExpense $2.13M USD 1 Quarter
Marketing MarketingExpense $50.78M USD 1 Quarter
Marketing MarketingExpense $43.03M USD 3 Qtrs
Marketing MarketingExpense $105.43M USD 3 Qtrs
Equipment and software EquipmentExpense $20.93M USD 3 Qtrs
Equipment and software EquipmentExpense $27.47M USD 3 Qtrs
Equipment and software EquipmentExpense $6.43M USD 1 Quarter
Equipment and software EquipmentExpense $10.30M USD 1 Quarter
Occupancy OccupancyNet $6.49M USD 1 Quarter
Occupancy OccupancyNet $19.54M USD 3 Qtrs
Occupancy OccupancyNet $22.24M USD 3 Qtrs
Occupancy OccupancyNet $6.47M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $10.55M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $33.82M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $41.83M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $12.35M USD 1 Quarter
Professional services ProfessionalAndContractServicesExpense $8.82M USD 1 Quarter
Professional services ProfessionalAndContractServicesExpense $32.72M USD 3 Qtrs
Professional services ProfessionalAndContractServicesExpense $11.75M USD 1 Quarter
Professional services ProfessionalAndContractServicesExpense $34.87M USD 3 Qtrs
Other non-interest expense OtherNoninterestExpense $15.61M USD 1 Quarter
Other non-interest expense OtherNoninterestExpense $42.37M USD 3 Qtrs
Other non-interest expense OtherNoninterestExpense $38.68M USD 3 Qtrs
Other non-interest expense OtherNoninterestExpense $14.27M USD 1 Quarter
Total non-interest expense NoninterestExpense $178.78M USD 1 Quarter
Total non-interest expense NoninterestExpense $399.43M USD 3 Qtrs
Total non-interest expense NoninterestExpense $109.11M USD 1 Quarter
Total non-interest expense NoninterestExpense $473.17M USD 3 Qtrs
Income (Loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-160.64M USD 3 Qtrs
Income (Loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $29.87M USD 1 Quarter
Income (Loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-34.40M USD 1 Quarter
Income (Loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-10.43M USD 3 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $-74.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $245.00K USD 3 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $98.00K USD 3 Qtrs
Income tax expense (benefit) IncomeTaxExpenseBenefit $2.68M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $27.18M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-160.88M USD 3 Qtrs
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-34.33M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-10.53M USD 3 Qtrs
Cash Flow Statement 110 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $524.96M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $862.15M USD Point-in-time
Consolidated net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $27.18M USD 1 Quarter
Restricted cash RestrictedCashAndCashEquivalents $77.58M USD Point-in-time
Consolidated net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-160.88M USD 3 Qtrs
Restricted cash RestrictedCashAndCashEquivalents $103.52M USD Point-in-time
Consolidated net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-34.33M USD 1 Quarter
Consolidated net loss NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-10.53M USD 3 Qtrs
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $939.73M USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $628.49M USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $543.97M USD Point-in-time
Total cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $487.12M USD Point-in-time
Net fair value adjustments FairValueAdjustmentsLoansNotesAndCertificatesNet $-3.33M USD 1 Quarter
Net fair value adjustments FairValueAdjustmentsLoansNotesAndCertificatesNet $2.71M USD 1 Quarter
Net fair value adjustments FairValueAdjustmentsLoansNotesAndCertificatesNet $-99.14M USD 3 Qtrs
Net fair value adjustments FairValueAdjustmentsLoansNotesAndCertificatesNet $-6.71M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $37.52M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $3.80M USD 3 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-3.67M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $93.65M USD 3 Qtrs
Change in fair value of loan servicing assets IncreaseDecreaseinFairValueofLoanServicingAssetsandLiabilities $39.58M USD 3 Qtrs
Change in fair value of loan servicing assets IncreaseDecreaseinFairValueofLoanServicingAssetsandLiabilities $48.05M USD 3 Qtrs
Stock-based compensation, net ShareBasedCompensation $49.32M USD 3 Qtrs
Stock-based compensation, net ShareBasedCompensation $47.45M USD 3 Qtrs
Depreciation, amortization, and accretion DepreciationDepletionAndAmortization $44.05M USD 3 Qtrs
Depreciation, amortization, and accretion DepreciationDepletionAndAmortization $9.27M USD 3 Qtrs
Gain on sales of loans GainLossonProceedsfromSalesofLoansNet $49.55M USD 3 Qtrs
Gain on sales of loans GainLossonProceedsfromSalesofLoansNet $23.72M USD 3 Qtrs
Other, net OtherNoncashIncomeExpense $-9.26M USD 3 Qtrs
Other, net OtherNoncashIncomeExpense $-8.19M USD 3 Qtrs
Net change to loans held for sale IncreaseDecreaseInLoansHeldForSale $-375.78M USD 3 Qtrs
Net change to loans held for sale IncreaseDecreaseInLoansHeldForSale $14.76M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $7.61M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-55.03M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-6.00M USD 3 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-133.01M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $364.96M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $118.29M USD 3 Qtrs
Acquisition of company PaymentsToAcquireBusinessesGross $145.34M USD 3 Qtrs
Acquisition of company PaymentsToAcquireBusinessesGross - USD 3 Qtrs
Cash received from acquisition CashAcquiredFromAcquisition $668.24M USD 3 Qtrs
Cash received from acquisition CashAcquiredFromAcquisition - USD 3 Qtrs
Net change in loans and leases PaymentsForProceedsFromLoansReceivable $1.07B USD 3 Qtrs
Net change in loans and leases PaymentsForProceedsFromLoansReceivable $-5.99M USD 3 Qtrs
Net decrease in retail and certificate loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $362.00M USD 3 Qtrs
Net decrease in retail and certificate loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $340.85M USD 3 Qtrs
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $53.54M USD 3 Qtrs
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $78.91M USD 3 Qtrs
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $2.40M USD 3 Qtrs
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $106.19M USD 3 Qtrs
Proceeds from maturities and paydowns of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $108.64M USD 3 Qtrs
Proceeds from maturities and paydowns of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $179.17M USD 3 Qtrs
Purchases of property, equipment and software, net PaymentsToAcquirePropertyPlantAndEquipment $24.58M USD 3 Qtrs
Purchases of property, equipment and software, net PaymentsToAcquirePropertyPlantAndEquipment $24.43M USD 3 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-300.00K USD 3 Qtrs
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-480.00K USD 3 Qtrs
Net cash (used for) provided by investing activities NetCashProvidedByUsedInInvestingActivities $450.59M USD 3 Qtrs
Net cash (used for) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-75.41M USD 3 Qtrs
Net change in demand deposits and savings accounts IncreaseDecreaseInSavingsDeposits - USD 3 Qtrs
Net change in demand deposits and savings accounts IncreaseDecreaseInSavingsDeposits $809.49M USD 3 Qtrs
Proceeds from PPPLF ProceedsFromAdvancesFromPaycheckProtectionProgramLiquidityFacility $325.19M USD 3 Qtrs
Proceeds from PPPLF ProceedsFromAdvancesFromPaycheckProtectionProgramLiquidityFacility - USD 3 Qtrs
Repayment on PPPLF PrincipalPaymentsOnAdvancesFromPaycheckProtectionProgramLiquidityFacility - USD 3 Qtrs
Repayment on PPPLF PrincipalPaymentsOnAdvancesFromPaycheckProtectionProgramLiquidityFacility $354.21M USD 3 Qtrs
Proceeds from issuance of retail notes and certificates ProceedsFromIssuanceOfNotesAndCertificates $237.28M USD 3 Qtrs
Proceeds from issuance of retail notes and certificates ProceedsFromIssuanceOfNotesAndCertificates - USD 3 Qtrs
Net decrease in retail notes and certificates PaymentsOnNotesAndCertificatesAtFairValue $362.16M USD 3 Qtrs
Net decrease in retail notes and certificates PaymentsOnNotesAndCertificatesAtFairValue $580.84M USD 3 Qtrs
Principal payments on Structured Program borrowings PrincipalPaymentsonSecuritizationNotes $70.50M USD 3 Qtrs
Principal payments on Structured Program borrowings PrincipalPaymentsonSecuritizationNotes $51.63M USD 3 Qtrs
Proceeds from issuance of notes and certificates from Structured Program transactions ProceedsfromSecuritizationsofConsumerLoansFinancingActivities $186.19M USD 3 Qtrs
Proceeds from issuance of notes and certificates from Structured Program transactions ProceedsfromSecuritizationsofConsumerLoansFinancingActivities - USD 3 Qtrs
Principal payments on short-term borrowings RepaymentsOfLinesOfCredit $1.56B USD 3 Qtrs
Principal payments on short-term borrowings RepaymentsOfLinesOfCredit $69.16M USD 3 Qtrs
Principal payments on long-term debt RepaymentsOfLongTermDebt $14.42M USD 3 Qtrs
Principal payments on long-term debt RepaymentsOfLongTermDebt $2.83M USD 3 Qtrs
Proceeds from short-term borrowings ProceedsFromNotesPayable $1.11B USD 3 Qtrs
Proceeds from short-term borrowings ProceedsFromNotesPayable - USD 3 Qtrs
Deemed dividend paid to preferred stockholder PaymentsOfDividends - USD 3 Qtrs
Deemed dividend paid to preferred stockholder PaymentsOfDividends $50.20M USD 3 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-31.98M USD 3 Qtrs
Other financing activities ProceedsFromPaymentsForOtherFinancingActivities $-7.45M USD 3 Qtrs
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $-758.70M USD 3 Qtrs
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $268.37M USD 3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $311.24M USD 3 Qtrs
Net Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $56.84M USD 3 Qtrs
Cash, Cash Equivalents and Restricted Cash, Beginning of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $939.73M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $628.49M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $543.97M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, Beginning of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $487.12M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $939.73M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $628.49M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $543.97M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash, End of Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $487.12M USD Point-in-time
Cash paid for interest InterestPaidNet $62.93M USD 3 Qtrs
Cash paid for interest InterestPaidNet $115.64M USD 3 Qtrs
Cash paid for operating leases included in the measurement of lease liabilities OperatingLeasePaymentsUse $12.09M USD 3 Qtrs
Cash paid for operating leases included in the measurement of lease liabilities OperatingLeasePaymentsUse $15.89M USD 3 Qtrs
Loans and leases held for investment transferred to loans held for sale TransferOfPortfolioLoansAndLeasesToHeldForSale1 - USD 3 Qtrs
Loans and leases held for investment transferred to loans held for sale TransferOfPortfolioLoansAndLeasesToHeldForSale1 $154.08M USD 3 Qtrs
Net securities retained from Structured Program transactions NoncashTransactionBeneficialInterestRetainedbyConsolidatedVariableInterestEntity $43.46M USD 3 Qtrs
Net securities retained from Structured Program transactions NoncashTransactionBeneficialInterestRetainedbyConsolidatedVariableInterestEntity - USD 3 Qtrs
Accruals for property, equipment and software CapitalExpendituresIncurredButNotYetPaid - USD 3 Qtrs
Accruals for property, equipment and software CapitalExpendituresIncurredButNotYetPaid $1.26M USD 3 Qtrs
Transfer of whole loans to redeem certificates TransferOfWholeLoansToRedeemCertificates - USD 3 Qtrs
Transfer of whole loans to redeem certificates TransferOfWholeLoansToRedeemCertificates $17.41M USD 3 Qtrs
Net issuances of stock related to acquisition StockIssuedDuringPeriodValueAcquisitions $41.46M USD 3 Qtrs
Net issuances of stock related to acquisition StockIssuedDuringPeriodValueAcquisitions - USD 3 Qtrs
Exchange of common stock for preferred stock ExchangeofCommonStockforPreferredStock - USD 3 Qtrs
Exchange of common stock for preferred stock ExchangeofCommonStockforPreferredStock $207.24M USD 3 Qtrs
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Payment of deemed dividend due to beneficial conversion feature PaymentofDeemedDividendduetoBeneficialConversionFeature $50.20M USD 3 Qtrs
Beginning balance StockholdersEquity $724.17M USD Point-in-time
Beginning balance StockholdersEquity $762.36M USD Point-in-time
Beginning balance StockholdersEquity $804.79M USD Point-in-time
Beginning balance StockholdersEquity $733.89M USD Point-in-time
Beginning balance StockholdersEquity $746.14M USD Point-in-time
Beginning balance StockholdersEquity $900.19M USD Point-in-time
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $52.64M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $16.28M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $17.97M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $51.49M USD 3 Qtrs
Net issuances under equity incentive plans, net of tax StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesForfeitedForTaxWithholdings $-3.83M USD 1 Quarter
Net issuances under equity incentive plans, net of tax StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesForfeitedForTaxWithholdings $-6.11M USD 3 Qtrs
Net issuances under equity incentive plans, net of tax StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesForfeitedForTaxWithholdings $-7.45M USD 3 Qtrs
Net issuances under equity incentive plans, net of tax StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesForfeitedForTaxWithholdings $-634.00K USD 1 Quarter
Net issuances of stock related to acquisition StockIssuedDuringPeriodValueAcquisitions $41.46M USD 3 Qtrs
Net issuances of stock related to acquisition StockIssuedDuringPeriodValueAcquisitions - USD 3 Qtrs
Exchange of preferred stock for common stock StockIssuedDuringPeriodValueConversionOfCommonShares $-50.20M USD 3 Qtrs
Net unrealized gain on securities available for sale, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-589.00K USD 3 Qtrs
Net unrealized gain on securities available for sale, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $6.43M USD 1 Quarter
Net unrealized gain on securities available for sale, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $1.11M USD 1 Quarter
Net unrealized gain on securities available for sale, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $4.50M USD 3 Qtrs
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $27.18M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-160.88M USD 3 Qtrs
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-34.33M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-10.53M USD 3 Qtrs
Ending balance StockholdersEquity $724.17M USD Point-in-time
Ending balance StockholdersEquity $762.36M USD Point-in-time
Ending balance StockholdersEquity $804.79M USD Point-in-time
Ending balance StockholdersEquity $733.89M USD Point-in-time
Ending balance StockholdersEquity $746.14M USD Point-in-time
Ending balance StockholdersEquity $900.19M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $27.18M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-160.88M USD 3 Qtrs
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-34.33M USD 1 Quarter
Consolidated net income (loss) NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $-10.53M USD 3 Qtrs
Net unrealized gain (loss) on securities available for sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-834.00K USD 3 Qtrs
Net unrealized gain (loss) on securities available for sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $6.50M USD 1 Quarter
Net unrealized gain (loss) on securities available for sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $4.50M USD 3 Qtrs
Net unrealized gain (loss) on securities available for sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.11M USD 1 Quarter
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTax $1.11M USD 1 Quarter
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTax $6.50M USD 1 Quarter
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTax $-834.00K USD 3 Qtrs
Other comprehensive income (loss), before tax OtherComprehensiveIncomeLossBeforeTax $4.50M USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax - USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $-245.00K USD 3 Qtrs
Income tax effect OtherComprehensiveIncomeLossTax $74.00K USD 1 Quarter
Income tax effect OtherComprehensiveIncomeLossTax - USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $6.43M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $1.11M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $4.50M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-589.00K USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-6.03M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-27.90M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-161.47M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $28.29M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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