Coleman Report Update

Says Marketing Director Tyler Massas, “Dalisa, a Fort Worth native, developed a strong work ethic from a young age, starting her career at 16 in her family’s real estate offices. Recognizing the crucial role of real estate in the economy, she transitioned to the finance side, accumulating 30 years of experience in banking, including roles…

RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 26 $45,545,000 $1,751,731 2 Summit Bank (OR) 22 $37,244,600 $1,692,936 3 Umpqua Bank (CA) 139 $34,820,200 $250,505 4 Banc of California (CA) 15 $20,952,800 $1,396,853 5 U.S. Bank, National Association (OH) 104 $17,762,300 $170,791 6 Wells Fargo Bank, National Association…

More small businesses appear to have been using credit cards as a source of financing this year, with an increasing portion of balances carrying interest as financial pressures build. The average Bank of America small business credit card balance rose throughout the year, but the degree of increase varies across business revenue tiers. For those…

RANK Lender # Loans $ Amount Average Loan Size 1 BancFirst (OK) 82 $38,213,500 $466,018 2 Live Oak Banking Company (NC) 16 $19,130,000 $1,195,625 3 Newtek Small Business Finance, Inc. (NY) 7 $15,066,000 $2,152,286 4 Arvest Bank (AR) 37 $8,643,800 $233,616 5 Security Bank (OK) 13 $8,345,000 $641,923 6 Readycap Lending, LLC (NJ) 9 $7,688,500…

Says Bank of American Institute in its December 2023 small business newsletter. With the rapid increase of interest rates and regional US bank failures earlier in the year, there has been a meaningful tightening of credit conditions.  As shown by the Senior Loan Officer Opinion Survey (SLOOS), the net percentage of surveyed banks that were…

RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 2,341 $327,153,600 $139,750 2 First Commonwealth Bank (PA) 55 $49,709,900 $903,816 3 Live Oak Banking Company (NC) 41 $48,890,200 $1,192,444 4 KeyBank National Association (OH) 169 $41,430,600 $245,151 5 Fifth Third Bank (OH) 48 $26,993,000 $562,354 6 Home Loan Investment…

Equifax’ small business loan data company Paynet October report predicts a further deterioration of small business lending credit loan portfolios. SBLI — Small Business Lending Index Tracks the number of new loans and leasers that are issued to small businesses in the past 30 days SBDI — Small Business Delinquency Index Tracks commercial debt that…

Microsoft Teams Link YouTube Link Host: Bob Coleman Co-Host: Lance Sexton Monday Guest: John Reosti, American Banker

RANK Lender # Loans $ Amount Average Loan Size 1 TD Bank, National Association (DE) 1,080 $128,775,800 $119,237 2 Manufacturers and Traders Trust Company (NY) 727 $90,909,300 $125,047 3 FinWise Bank (UT) 63 $68,230,000 $1,083,016 4 Live Oak Banking Company (NC) 42 $58,236,600 $1,386,586 5 JPMorgan Chase Bank, National Association (OH) 279 $54,296,400 $194,611 6…

RANK Lender # Loans $ Amount Average Loan Size 1 Zions Bank, A Division of (UT) 45 $23,192,100 $515,380 2 Enterprise Bank & Trust (MO) 12 $22,053,000 $1,837,750 3 City National Bank (CA) 8 $21,789,500 $2,723,688 4 America First FCU (UT) 15 $20,542,700 $1,369,513 5 Newtek Small Business Finance, Inc. (NY) 29 $19,496,500 $672,293 6…