Most Active SBA Banks in 2019 – Mid-year review

The SBA just recently received the most active SBA banks for the first half of 2019. The familiar suspects – Live Oak,  Wells Fargo, and Huntington Bank top the list in terms of loan volume. Live Oak Bank,  was well ahead of second place Wells Fargo in terms of loan volume. Live Oak achieved this goal with an average loan size of almost $1.5 million. Live Oak is more comfortable doing bigger loans than some of its banking peers as its SBA bank loans focus only on a dozen of so niches. When ranking loan activity by number of loans approved, Huntington Bank actually issued appropriately four times as many loans as Live Oak.

The top 100 most active are below. If you are looking for a small business SBA loan for your business, there is no better place to look than than this table of the most active SBA banks for 7(a) loans:

 

RankSBA Bank Name# of LoansTotal Loan $$$Avg Loan
1Live Oak Banking Company692$1,018,859,300$1,472,340
2Wells Fargo Bank, National Association2,316$619,527,200$267,499
3The Huntington National Bank2,731$500,343,600$183,209
4Newtek Small Business Finance, Inc.679$476,448,900$701,692
5Byline Bank342$406,815,400$1,189,519
6Celtic Bank Corporation584$368,163,100$630,416
7JPMorgan Chase Bank, National Association1,428$361,490,400$253,145
8First Home Bank1,185$303,890,100$256,447
9U.S. Bank, National Association1,976$288,246,400$145,874
10KeyBank National Association389$216,982,300$557,795
11Seacoast Commerce Bank192$215,592,600$1,122,878
12TD Bank, National Association2,097$193,744,800$92,391
13Stearns Bank National Association594$185,611,700$312,478
14Bank of Hope381$184,796,000$485,029
15BBVA USA161$169,940,900$1,055,534
16Bank of the West292$167,323,900$573,027
17Readycap Lending, LLC135$166,794,000$1,235,511
18First Bank180$142,617,900$792,322
19PromiseOne Bank92$135,876,000$1,476,913
20Berkshire Bank211$134,413,800$637,032
21Independence Bank952$134,125,000$140,888
22Manufacturers and Traders Trust Company1,100$133,829,100$121,663
23Bank of George54$132,626,500$2,456,046
24SunTrust Bank213$129,914,700$609,928
25Bank of America, National Association232$128,002,200$551,734
26Commonwealth Business Bank128$127,733,000$997,914
27Pinnacle Bank117$119,748,500$1,023,491
28Harvest Small Business Finance, LLC104$116,448,600$1,119,698
29Metro City Bank69$115,041,900$1,667,274
30River Valley Bank113$114,832,400$1,016,216
31First Financial Bank165$110,712,100$670,982
32MUFG Union Bank, National Association77$109,187,600$1,418,021
33United Midwest Savings Bank, National Association439$106,353,500$242,263
34United Community Bank174$105,061,800$603,803
35Poppy Bank43$103,330,700$2,403,040
36Pacific City Bank114$102,948,000$903,053
37Midwest Regional Bank157$97,392,800$620,336
38The Bancorp Bank86$93,610,600$1,088,495
39Citizens Bank122$89,706,800$735,302
40Pacific Premier Bank46$85,940,800$1,868,278
41NewBank80$84,739,500$1,059,244
42Synovus Bank50$82,240,700$1,644,814
43Capital One, National Association83$81,917,400$986,957
44Fifth Third Bank240$81,267,800$338,616
45Pacific Western Bank77$80,317,000$1,043,078
46Atlantic Capital Bank, National Association107$80,124,500$748,827
47Zions Bank, A Division of280$79,669,000$284,532
48Open Bank75$79,227,700$1,056,369
49Hanmi Bank146$78,990,000$541,027
50Umpqua Bank122$77,657,900$636,540
51BankUnited, National Association71$74,794,600$1,053,445
52Centerstone SBA Lending, Inc.65$71,229,500$1,095,838
53Regions Bank84$70,883,200$843,848
54Comerica Bank208$70,695,500$339,882
55Savoy Bank41$70,418,800$1,717,532
56Fidelity Bank110$69,430,400$631,185
57Cadence Bank, National Association184$68,451,900$372,021
58First IC Bank50$68,043,500$1,360,870
59Stone Bank65$66,955,600$1,030,086
60Republic First Bank d/b/a Republic Bank30$65,115,800$2,170,527
61FinWise Bank65$65,052,800$1,000,812
62First Savings Bank74$64,255,700$868,320
63PNC Bank, National Association354$63,824,000$180,294
64Branch Banking and Trust Company186$61,168,100$328,861
65Five Star Bank306$60,519,900$197,777
66HomeStar Bank and Financial Services45$57,819,000$1,284,867
67Customers Bank54$57,421,600$1,063,363
68First Choice Bank38$54,648,700$1,438,124
69Wallis Bank41$54,025,200$1,317,688
70Citizens Bank, National Association168$53,728,600$319,813
71HomeTrust Bank45$53,405,700$1,186,793
72Northwest Bank114$53,014,200$465,037
73Seacoast National Bank181$52,082,100$287,746
74First Chatham Bank33$50,191,700$1,520,961
75Noah Bank61$50,162,000$822,328
76BancorpSouth Bank67$49,827,900$743,700
77First Bank Financial Centre56$49,782,400$888,971
78US Metro Bank39$49,152,700$1,260,326
79Touchmark National Bank23$48,912,400$2,126,626
80United Business Bank61$48,337,200$792,413
81First-Citizens Bank & Trust Company64$47,998,900$749,983
82New Millennium Bank57$47,778,000$838,211
83Webster Bank, National Association167$47,123,200$282,175
84Radius Bank41$47,010,000$1,146,585
85East West Bank82$46,717,000$569,720
86First Commonwealth Bank61$46,565,200$763,364
87Chemical Bank88$45,423,400$516,175
88Veritex Community Bank28$45,359,100$1,619,968
89Banner Bank193$44,524,600$230,697
90Plains State Bank26$44,440,500$1,709,250
91Columbia State Bank240$43,461,600$181,090
92Spirit of Texas Bank, SSB146$42,797,000$293,130
93Texas Capital Bank, National Association27$42,439,900$1,571,848
94Fulton Bank, National Association48$41,591,500$866,490
95BancFirst93$40,413,100$434,549
96Eastern Bank357$40,380,700$113,111
97IBERIABANK57$39,991,100$701,598
98T Bank, National Association19$38,729,300$2,038,384
99CenterState Bank, National Association54$38,641,200$715,578
100Santander Bank, National Association212$37,481,900$176,801

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