{"schema_version":"secwatch.filing_event.v1","accession":"0001462120-23-000063","form_type":"8-K","ticker":"LOB","cik":"0001462120","company_name":"Live Oak Bancshares, Inc.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.134956+00:00","generated_at":"2026-06-09T10:20:08.049341+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Live Oak posts Q3 net income $39.8M ($0.88 EPS); revenue $127.3M, loan originations up 25% QoQ","bullets":["Net income of $39.8M ($0.88 diluted EPS) vs. $17.5M in Q2 2023; total revenue $127.3M, up 17% QoQ.","Loan originations reached $1.07B, up 24.6% from Q2 2023; total loan portfolio $8.78B, up 5% QoQ.","Net interest margin 3.37%, up 8 bps QoQ; net interest income $89.4M vs. $84.3M in Q2 2023.","Net charge-offs rose to $9.1M (0.48% annualized) from $1.2M in Q2, driven by a single borrower relationship.","Noninterest income included a $15.0M one-time benefit from valuation methodology changes for servicing and fair value loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001462120-23-000063","json":"https://secwatch.observer/filing/0001462120-23-000063.json","markdown":"https://secwatch.observer/filing/0001462120-23-000063.md","text":"https://secwatch.observer/filing/0001462120-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000063/0001462120-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000063/lob-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T10:20:08.049341+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6fdba1f8b9b5dbefb96818f4e26b83dbd6352f79","claim":"Live Oak Bancshares, Inc. reported third quarter ended September 30, 2023 results: revenue $127,301, net income $39,793, EPS 0.88.","evidence_excerpt":"business owners.” Third Quarter 2023 Key Measures (Dollars in thousands, except per share data) Increase (Decrease) 3Q 2023 2Q 2023 Dollars Percent 3Q 2022 Total revenue (1) $ 127,301 $ 108,458 $ 18,843 17 % $ 141,610 Total noninterest expense 74,262 76,457 (2,195) (3) 83,048 Income before taxes 42,760 18,973 23,787 125 44,393 Effective tax rate 6.9 % 7.5 % n/a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000063/0001462120-23-000063-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$127,301"},{"label":"Net income","value":"$39,793"},{"label":"EPS","value":"0.88"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}