Lendingclub corporation (LC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Assets
Cash and cash equivalents

294

243

199

334

402

372

348

434

405

401

384

538

534

515

520

572

583

623

579

490

874

869

82

68

64

49

62

54

51

52

52

47

31

24

32

9

13

Restricted Cash and Cash Equivalents

139

243

275

166

167

271

203

221

226

242

182

161

148

177

139

127

104

80

159

56

39

46

25

20

15

12

8

8

11

7

5

4

4

4

1

1

0

Debt Securities, Available-for-sale

256

270

246

220

197

170

165

149

128

117

219

225

246

287

278

259

284

297

338

397

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans Receivable, Fair Value Disclosure

885

1,079

1,237

1,512

1,698

1,883

2,133

2,358

2,635

2,932

3,413

3,796

4,026

4,295

4,411

4,407

4,716

4,556

4,068

3,637

3,230

2,798

2,533

2,326

2,109

1,829

1,516

1,237

995

781

603

-

360

293

-

-

-

Loans held for investment by the Company at fair value (1)

71

43

4

5

8

2

12

9

317

361

-

-

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale by the Company at fair value (1)

741

722

710

435

552

840

459

515

248

235

265

36

9

9

14

16

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Member Loans at amortized cost, net of allowances for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2

2

2

4

5

Interest Receivable

11

12

14

17

19

22

24

26

27

33

36

34

35

40

40

40

39

38

36

32

26

24

22

21

17

15

12

9

7

5

-

-

2

0

-

-

-

Member Loans at fair value (includes $148,525,425 and $92,693,127 from a consolidated Trust, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

454

-

-

227

183

149

Accrued interest and other receivables (includes $1,646,203 and $573,783 from consolidated Trust, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

2

-

-

-

-

0

Other receivables (includes $310,454 and $4,278 from a consolidated VIE, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

2

-

1

0

0

0

0

0

0

Property, equipment and software, net

116

114

117

119

118

113

110

110

107

101

100

97

92

89

82

75

64

55

47

39

31

27

23

19

14

12

8

5

2

1

1

0

0

0

0

0

0

Operating lease assets

90

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

13

14

15

16

17

18

18

19

20

21

22

23

25

26

27

28

29

30

32

33

34

36

37

39

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

0

0

35

35

35

35

35

35

35

37

72

72

72

72

72

72

72

72

-

0

-

-

-

-

-

-

-

-

-

-

-

Due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

Other Assets

164

143

229

239

235

124

113

102

106

156

91

78

77

69

55

56

53

38

24

21

17

14

16

12

6

23

-

-

-

2

-

-

-

-

-

-

-

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

-

1

1

0

0

0

0

0

Assets

2,784

2,982

3,049

3,066

3,417

3,819

3,589

3,949

4,259

4,640

4,753

5,029

5,232

5,562

5,607

5,622

5,948

5,793

5,359

4,782

4,327

3,890

2,814

2,580

2,229

1,943

1,611

1,318

1,072

850

669

512

403

326

264

199

169

Liabilities and Equity
Accounts payable

5

10

15

8

24

7

8

13

3

9

7

13

7

10

7

7

5

5

3

5

3

5

3

3

3

4

2

3

2

1

0

1

0

0

1

0

0

Interest Payable

9

9

10

14

14

19

22

23

25

32

37

38

38

43

44

43

41

40

39

35

29

26

25

23

19

17

14

11

8

6

-

-

2

0

-

-

-

Operating Lease, Liability

109

112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Secured borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Liabilities

100

142

268

262

238

152

136

200

196

228

98

90

83

85

78

79

50

61

54

37

31

31

26

17

10

9

9

4

4

3

8

5

1

1

1

1

1

Payable to investors

50

97

117

64

72

149

96

111

108

143

93

97

96

125

81

87

71

73

150

48

30

38

17

12

7

3

0

0

-

2

-

-

-

-

-

-

-

Notes, certificates and secured borrowings at fair value (1)

886

1,081

1,240

1,517

1,703

1,905

2,152

2,377

2,655

2,954

3,515

3,805

4,034

4,320

4,419

4,415

4,713

4,571

4,095

3,660

3,249

2,813

2,551

2,336

2,120

1,839

1,522

1,242

1,000

785

605

453

360

290

225

182

149

Payable to Structured Program Note and Certificate Holders at Fair Value

206

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payable to securitization note and certificate holders (includes $40,610 and $0 at fair value, respectively)

-

-

0

0

233

256

0

0

280

312

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit Facilities and Securities Sold Under Repurchase Agreements

621

587

509

324

263

458

305

349

74

32

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

49

-

-

-

-

-

-

-

-

-

-

-

-

-

Payable to member investors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

2

1

0

-

-

-

0

Loans payable, net of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

1

2

Liabilities

1,988

2,082

2,161

2,192

2,551

2,948

2,721

3,074

3,343

3,713

3,753

4,045

4,259

4,586

4,631

4,634

4,898

4,751

4,344

3,786

3,345

2,916

2,673

2,443

2,160

1,875

1,549

1,262

1,019

798

617

460

366

294

229

186

154

Commitments and contingencies (see Note 12 - Commitments and Contingencies)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Equity
Series A Preferred stock, $0.01 par value; 1,200,000 shares authorized; 195,628 and 0 shares issued, respectively; 195,628 and 0 shares outstanding, respectively

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

173

103

103

103

103

103

103

102

102

84

78

78

52

52

Total preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78

52

-

Common stock, $0.01 par value; 180,000,000 shares authorized; 69,869,214 and 89,218,797 shares issued, respectively; 69,869,214 and 88,757,406 shares outstanding, respectively

0

0

0

0

4

0

4

4

4

4

4

4

4

4

3

3

3

3

3

3

3

3

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

1,463

1,467

1,454

1,439

1,417

1,405

1,384

1,368

1,346

1,327

1,306

1,283

1,253

1,226

1,194

1,169

1,150

1,127

1,105

1,086

1,067

1,052

37

29

23

15

11

8

7

6

5

5

4

4

4

4

4

Accumulated deficit

-646

-548

-548

-548

-537

-517

-504

-481

-420

-389

-297

-290

-265

-234

-201

-165

-84

-88

-92

-93

-89

-83

-74

-66

-57

-50

-53

-55

-57

-57

-56

-55

-53

-50

-47

-44

-41

Treasury stock, at cost; 0 and 461,391 shares, respectively

0

19

19

19

19

19

19

19

19

19

19

19

19

19

19

19

19

0

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

Accumulated other comprehensive income (loss)

-20

-0

0

1

0

0

0

-0

0

-0

-0

-0

-0

-0

-0

-0

-0

-1

-1

-0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total LendingClub stockholders’ equity

-

-

887

873

864

869

865

871

910

922

993

976

972

975

976

987

1,050

1,041

1,015

995

982

973

141

137

68

68

-41

-46

-49

52

-50

-50

-48

-46

-43

-40

-37

Noncontrolling interests

-

-

0

0

1

1

2

3

4

5

6

7

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

796

900

887

874

865

870

868

874

915

927

999

984

-

975

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and equity

2,784

2,982

3,049

3,066

3,417

3,819

3,589

3,949

4,259

4,640

4,753

5,029

5,232

5,562

5,607

5,622

5,948

5,793

5,359

4,782

4,327

3,890

2,814

2,580

2,229

1,943

1,611

1,318

1,072

850

669

512

403

326

264

199

169