Related Party Transactions

12 Months Ended

Dec. 31, 2013

Related Party Transactions

8. Related Party Transactions

Several of our executive officers and directors (including immediate family members) have opened investor accounts with LC, made deposits and withdrawals to their accounts and funded portions of Loans via purchases of Notes and Certificates. All Note and Certificate purchases made by related parties were conducted on terms and conditions that were not more favorable than those obtained by other investors.

The following table summarizes deposits and withdrawals made by related parties for the year ended December 31, 2013 and the nine months ended December 31, 2012 and ending account balances, which is comprised of cash and Notes and Certificate balances, as of December 31, 2013 and December 31, 2012 (in thousands).

	Year Ended December 31, 2013
Related Party	Deposits		Withdrawals		Account Balance
Directors	$	2,436	$	1,190	$	5,026
Executive Officers		—		26		39
Total	$	2,436	$	1,216	$	5,065
	Nine Months Ended December 31, 2012
Related Party	Deposits		Withdrawals		Account Balance
Directors	$	1,717	$	843	$	1,722
Executive Officers		3		23		7
Total	$	1,720	$	866	$	1,729