Live Oak Bancshares reported a strong fourth quarter in 2021, with net earnings available to common shareholders of $30.1 million, or $0.66 per diluted share. The company exceeded $1.0 billion in loan originations for three consecutive quarters and experienced year-over-year organic growth of 32% in total loans outside of PPP and 24% in total deposits. Live Oak also launched its small business checking account on a next-generation platform.