v3.23.2
Segment Reporting - Balance Sheets (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Assets:            
Total cash and cash equivalents $ 1,203,924   $ 1,057,030      
Restricted cash [1] 34,792   67,454      
Total securities available for sale 523,579   345,702      
Loans held for sale at fair value 250,361   110,400      
Loans and leases held for investment, net 5,178,186   4,705,302      
Retail and certificate loans held for investment at fair value [1] 26,837   55,425      
Loans held for investment at fair value [1] 404,119   925,938      
Property, equipment and software, net 151,608   136,473      
Investment in subsidiary 0   0      
Goodwill 75,717   75,717      
Other assets [1] 493,383   500,306      
Total assets 8,342,506   7,979,747      
Liabilities and Equity            
Total deposits 6,843,535   6,392,553      
Borrowings [1] 15,675   74,858      
Retail Notes And Certificates At Fair Value 26,837   55,425      
Other liabilities [1] 250,936   292,617      
Liabilities 7,136,983   6,815,453      
Total equity 1,205,523 $ 1,190,742 1,164,294 $ 1,079,117 $ 887,434 $ 850,242
Total liabilities and equity 8,342,506   7,979,747      
Operating Segments | LendingClub Bank            
Assets:            
Total cash and cash equivalents 1,176,563   1,020,874      
Restricted cash 0   0      
Total securities available for sale 515,466   329,287      
Loans held for sale at fair value 250,361   110,400      
Loans and leases held for investment, net 5,178,186   4,705,302      
Retail and certificate loans held for investment at fair value 0   0      
Loans held for investment at fair value 390,654   906,711      
Property, equipment and software, net 127,438   102,274      
Investment in subsidiary 0   0      
Goodwill 75,717   75,717      
Other assets 335,118   339,341      
Total assets 8,049,503   7,589,906      
Liabilities and Equity            
Total deposits 6,897,220   6,420,827      
Borrowings 10,654   64,154      
Retail Notes And Certificates At Fair Value 0   0      
Other liabilities 156,563   189,185      
Liabilities 7,064,437   6,674,166      
Total equity 985,066   915,740      
Total liabilities and equity 8,049,503   7,589,906      
Operating Segments | LendingClub Corporation            
Assets:            
Total cash and cash equivalents 74,632   56,475      
Restricted cash 41,206   75,409      
Total securities available for sale 8,113   16,415      
Loans held for sale at fair value 0   0      
Loans and leases held for investment, net 0   0      
Retail and certificate loans held for investment at fair value 26,837   55,425      
Loans held for investment at fair value 13,465   19,227      
Property, equipment and software, net 24,170   34,199      
Investment in subsidiary 797,899   755,319      
Goodwill 0   0      
Other assets 177,798   173,851      
Total assets 1,164,120   1,186,320      
Liabilities and Equity            
Total deposits 0   0      
Borrowings 5,021   10,704      
Retail Notes And Certificates At Fair Value 26,837   55,425      
Other liabilities 113,921   116,318      
Liabilities 145,779   182,447      
Total equity 1,018,341   1,003,873      
Total liabilities and equity 1,164,120   1,186,320      
Intercompany Eliminations            
Assets:            
Total cash and cash equivalents (47,271)   (20,319)      
Restricted cash (6,414)   (7,955)      
Total securities available for sale 0   0      
Loans held for sale at fair value 0   0      
Loans and leases held for investment, net 0   0      
Retail and certificate loans held for investment at fair value 0   0      
Loans held for investment at fair value 0   0      
Property, equipment and software, net 0   0      
Investment in subsidiary (797,899)   (755,319)      
Goodwill 0   0      
Other assets (19,533)   (12,886)      
Total assets (871,117)   (796,479)      
Liabilities and Equity            
Total deposits (53,685)   (28,274)      
Borrowings 0   0      
Retail Notes And Certificates At Fair Value 0   0      
Other liabilities (19,548)   (12,886)      
Liabilities (73,233)   (41,160)      
Total equity (797,884)   (755,319)      
Total liabilities and equity $ (871,117)   $ (796,479)      
[1] Includes amounts in consolidated variable interest entities (VIEs). See “Notes to Condensed Consolidated Financial Statements – Note 6. Securitizations and Variable Interest Entities.”