Regulatory Requirements (Tables)

6 Months Ended

Jun. 30, 2023

Regulated Operations [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The following table summarizes the Company’s regulatory capital amounts (in millions) and ratios:

LendingClub	June 30, 2023				December 31, 2022				Required Minimum plus Required CCB for Non-Leverage Ratios
	Amount		Ratio		Amount		Ratio
CET1 capital (1)	$	1,053.5	16.1	%	$	1,005.8	15.8	%	7.0	%
Tier 1 capital	$	1,053.5	16.1	%	$	1,005.8	15.8	%	8.5	%
Total capital	$	1,138.3	17.4	%	$	1,088.1	17.1	%	10.5	%
Tier 1 leverage	$	1,053.5	12.4	%	$	1,005.8	14.1	%	4.0	%
Risk-weighted assets	$	6,526.5	N/A		$	6,360.7	N/A		N/A
Quarterly adjusted average assets	$	8,522.6	N/A		$	7,119.0	N/A		N/A

N/A – Not applicable

(1)     Consists of common stockholders’ equity as defined under U.S. GAAP and certain adjustments made in accordance with regulatory capital guidelines, including the addition of the CECL transitional benefit and deductions for goodwill and other intangible assets.

The following table summarizes LC Bank’s regulatory capital amounts (in millions) and ratios:

LendingClub Bank	June 30, 2023				December 31, 2022				Required Minimum plus Required CCB for Non-Leverage Ratios
	Amount		Ratio		Amount		Ratio
CET1 capital (1)	$	939.3	14.7	%	$	852.2	13.8	%	7.0	%
Tier 1 capital	$	939.3	14.7	%	$	852.2	13.8	%	8.5	%
Total capital	$	1,022.6	16.0	%	$	932.4	15.1	%	10.5	%
Tier 1 leverage	$	939.3	11.3	%	$	852.2	12.5	%	4.0	%
Risk-weighted assets	$	6,406.5	N/A		$	6,194.0	N/A		N/A
Quarterly adjusted average assets	$	8,300.0	N/A		$	6,795.2	N/A		N/A

N/A – Not applicable

(1)     Consists of common stockholders’ equity as defined under U.S. GAAP and certain adjustments made in accordance with regulatory capital guidelines, including the addition of the CECL transitional benefit and deductions for goodwill and other intangible assets.