"It is exciting to join a bank that combines first-class service and next-generation technology to support and empower America's small businesses, and I am thrilled to be part of the team." About Live Oak Bancshares Live Oak Bancshares, Inc. (Nasdaq: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses who share a groundbreaking focus on service and technology to redefine banking. To learn more, visit www.liveoakbank.com. Contact: Claire Parker, SVP of Corporate Communications 910.597.1592 claire.parker@liveoak.bank