New Mexico SBA 7(a) Lender Rankings for FY 2023

RANKLender# Loans$ AmountAverage Loan Size
1Live Oak Banking Company (NC)8$25,200,000$3,150,000
2Western Commerce Bank (NM)40$21,835,500$545,888
3Open Bank (CA)4$9,268,000$2,317,000
4Readycap Lending, LLC (NJ)6$8,899,000$1,483,167
5Peoples Bank (MS)1$5,000,000$5,000,000
6BMO Bank National Association (WI)9$4,544,000$504,889
7First Bank of the Lake (MO)6$3,699,000$616,500
8First-Citizens Bank & Trust Company (NC)2$3,621,000$1,810,500
9State Empl CU (NM)4$3,613,100$903,275
10Midwest BankCentre (MO)2$3,587,000$1,793,500
11Home Loan Investment Bank, F.S.B. (RI)1$3,200,000$3,200,000
12First American Bank (NM)4$3,196,700$799,175
13Newtek Small Business Finance, Inc. (NY)6$2,945,000$490,833
14Bank of the Southwest (NM)2$2,910,000$1,455,000
15Newtek Bank, National Association (FL)8$2,850,000$356,250
16Wells Fargo Bank, National Association (SD)24$2,724,300$113,513
17Dogwood State Bank (NC)4$2,709,900$677,475
18Enterprise Bank & Trust (MO)2$2,687,800$1,343,900
19Cadence Bank (MS)4$2,280,200$570,050
20Zions Bank, A Division of (UT)2$1,963,400$981,700
21BayFirst National Bank (FL)14$1,928,100$137,721
22U.S. Bank, National Association (OH)15$1,665,000$111,000
23The Bank of Clovis (NM)5$1,553,600$310,720
24First Western SBLC, Inc (TX)1$1,500,000$1,500,000
25First Financial Bank (AR)1$1,450,000$1,450,000
26The Huntington National Bank (OH)7$1,332,000$190,286
27Sunflower Bank, National Association (TX)1$1,302,000$1,302,000
28First Savings Bank (SD)4$1,057,000$264,250
29Mechanics & Farmers Bank (NC)1$967,500$967,500
30Byline Bank (IL)1$950,000$950,000
31Century Bank (NM)2$740,000$370,000
32United Midwest Savings Bank, National Association (OH)3$590,000$196,667
33Four Corners Community Bank (NM)1$584,000$584,000
34T Bank, National Association (TX)1$530,000$530,000
35The Bancorp Bank National Association (SD)1$499,000$499,000
36Blue Ridge Bank, National Association (VA)1$405,000$405,000
37First Internet Bank of Indiana (IN)1$376,000$376,000
38West Town Bank & Trust (IL)1$350,000$350,000
39Five Star Bank (CA)1$350,000$350,000
40BOKF, National Association (OK)1$250,000$250,000
41First Southwest Bank (CO)2$214,500$107,250
42Celtic Bank Corporation (UT)2$180,800$90,400
43Capital Certified Development Corporation (TX)1$150,000$150,000
44PNC Bank, National Association (DE)2$75,000$37,500
45Mountain America FCU (UT)1$50,000$50,000
46Rural Community Assistance Corporation (CA)1$44,000$44,000

Source: Lumos Data