Latest News and Press Releases

Community Bank & Trust caps a historic turnaround, posting record earnings and 400% non-interest income growth while emerging as a national SBA leader.

Community Bank & Trust has been named Best Bank, Best Overall Business in Troup County, and Best Banker (Bill Stump) for the second consecutive year.

Quaint Oak Bank has earned SBA Preferred Lender status, streamlining loan approvals and offering faster financing to support small businesses nationwide.

WILMINGTON, N.C., June 27, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced today that its Board of Directors has appointed Michael J. Cairns as Chief Credit Officer, effective August 1, 2024....

Live Oak Bank Tops SBA’s 100 Most Active 7(a) Lenders

WILMINGTON, N.C., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2022 financial results...

WILMINGTON, N.C., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the most active SBA 7(a) lender by dollar amount by the U.S. Small Business Administration for the fifth year in a...

WILMINGTON, N.C., April 27, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2022 net income of $34.5 million, or $0.76...

MEMPHIS, Tenn., April 27, 2022 (GLOBE NEWSWIRE) -- Evolve Bank & Trust ("Evolve"), a leading financial technology solutions provider, announced today it has appointed Davina Bergin as President...

First Quarter 2019 Highlights Net income of $3.5 million, up $467 thousand, or 15.3%Earnings per share of $0.37, up $0.04, or 12.1%Return on Average Tangible Common Equity of 16.90%, down 0.41%, or...