Regulatory Requirements (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

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


	September 30, 2023				December 31, 2022				Required Minimum plus Required CCB for Non-Leverage Ratios
	Amount		Ratio		Amount		Ratio
LendingClub Corporation:
CET1 capital (1)	$	1,078.7	16.9	%	$	1,005.8	15.8	%	7.0	%
Tier 1 capital	$	1,078.7	16.9	%	$	1,005.8	15.8	%	8.5	%
Total capital	$	1,161.7	18.2	%	$	1,088.1	17.1	%	10.5	%
Tier 1 leverage	$	1,078.7	13.2	%	$	1,005.8	14.1	%	4.0	%
Risk-weighted assets	$	6,388.6	N/A		$	6,360.7	N/A		N/A
Quarterly adjusted average assets	$	8,200.3	N/A		$	7,119.0	N/A		N/A

LendingClub Bank:
CET1 capital (1)	$	949.7	15.1	%	$	852.2	13.8	%	7.0	%
Tier 1 capital	$	949.7	15.1	%	$	852.2	13.8	%	8.5	%
Total capital	$	1,031.2	16.5	%	$	932.4	15.1	%	10.5	%
Tier 1 leverage	$	949.7	11.8	%	$	852.2	12.5	%	4.0	%
Risk-weighted assets	$	6,268.6	N/A		$	6,194.0	N/A		N/A
Quarterly adjusted average assets	$	8,016.0	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.