October 2017

Report on SBLF Participants’ 

Small Business Lending Growth

Submitted to Congress pursuant to Section 4106(3) of

the Small Business Jobs Act of 2010
1

OVERVIEW

Small businesses are a vital part of the American economy and their success is a critical component of economic 

growth. Established by the Small Business Jobs Act of 2010 (the Act), the Small Business Lending Fund (SBLF) is a 

dedicated fund designed to provide capital to qualified community banks1 and community development loan funds 

(CDLFs) in order to encourage small business lending. The purpose of the SBLF is to encourage Main Street banks and 

small businesses to work together, help create jobs, and promote economic growth in communities across the 

nation. 

This report provides information on changes in small business lending by SBLF participants as of June 30, 2017, 

relative to baseline levels.

2

 This report also includes information on the 59 institutions (including 13 community 

banks and 46 CDLFs) that continued to participate in the program as of June 30, 2017 and submitted quarterly 

supplemental reports for that quarter. Since the program’s inception, the total increase in small business lending 

reported by current and former3 SBLF participants is $18.7 billion over baseline. 

• As of September 1, 2017, 273 institutions with aggregate investments of $3.71 billion have fully redeemed 

their SBLF Treasury investment and exited the program, and 5 institutions have partially redeemed $28 

million (or 66 percent of their SBLF securities) while continuing to participate in the program. 4 One 

institution, with an aggregate SBLF investment of $37.9 million, remains in bankruptcy, after its bank 

subsidiary was closed by its state regulator and placed into FDIC receivership.

• As of Q2 2017, current5 SBLF participants have increased their small business lending by $2.3 billion over a 

$2.7 billion baseline.

• Increases in small business lending are widespread among remaining SBLF participants. To date, all

participating community banks and 42 of the 46 CDLFs (or 91 percent) have increased their small business 

lending. In addition, 53 of the 59 SBLF participants (or 90 percent) have increased their small business 

lending by 10 percent or more.

Please see Appendix A for additional information regarding the methodology employed in this report. Please note 

that charts comparing SBLF lending to peer groups are no longer included in this report due to the significantly 

reduced number of banks left in the program after the Act’s step up rate increase to 9 or 13.8 percent following 

quarter of Q1 2016.

 1 In this report, the terms “banks” and “community banks” encompass banks, thrifts, and bank and thrift holding companies with consolidated 

assets of less than $10 billion. 2 As established in the Act, the baseline for measuring the change in small business lending is the average of the amounts that were reported 

for each of the four calendar quarters ended June 30, 2010.

3 Lending growth reported by former participants in the final quarter of participation is held constant through subsequent periods 4 For accounting purposes, an SBLF investment remains outstanding and payable until it has been written-off. 5 When the SBLF program does not receive an updated QSBL report from an institution that has not redeemed its SBLF investment, the 

institution will be considered a former participant for the purposes of reporting lending growth. The institution’s lending growth will be held 

constant and carried forward as of the final period of their QSBL reporting to the SBLF program. One institution, with an unredeemed SBLF 

investment of $37.9 million, did not report QSBL to the SBLF program in Q2 2017.
2

BACKGROUND

This report is submitted to Congress pursuant to Section 4106(3) of the Act, which directs the Secretary of the 

Treasury to provide a quarterly written report on how institutions participating in the SBLF program have used the 

funds they received under the program. 

Treasury invested more than $4.0 billion in 332 institutions through the SBLF program. These amounts include 

investments of $3.9 billion in 281 community banks and $104 million in 51 CDLFs. Collectively, these institutions 

operate in more than 3,000 locations across 47 states and the District of Columbia. This report includes information 

on the 59 institutions that continued to participate in the program as of June 30, 2017 and submitted quarterly 

supplemental reports for the quarter, including 13 community banks and 46 CDLFs. The initial disbursement of SBLF 

funding to banks occurred on June 21, 2011, with subsequent transactions completed thereafter until the program’s 

September 27, 2011 statutory funding deadline. 

The SBLF program was designed using an incentive mechanism to encourage participant lending to small businesses. 

• For community banks, the SBLF program was structured to encourage small business lending through a 

dividend or interest rate incentive structure. The initial rate payable on SBLF capital was, at most, 5 percent, 

and the rate fell to 1 percent if a bank’s small business lending increased by 10 percent or more.6 Banks that 

increase their lending by amounts less than 10 percent pay rates between 2 percent and 4 percent. Bank 

dividend rates became fixed after the first two years (in Q3 2013) based on lending in that quarter. If a bank’s 

lending did not increase in the first two years, however, the rate increased to 7 percent. If a bank had not 

repaid the SBLF funding after four and a half years, the rate increased to 9 percent.

• For CDLFs, the SBLF program was structured to encourage small business lending through access to low-cost 

capital at a 2 percent interest rate. These non-profit loan funds play a critical role in distressed communities 

across the country that lack access to mainstream financial services. CDLFs engage in activities including 

offering microloans to entrepreneurs, providing mezzanine debt to growing small businesses, and financing 

community facilities like charter schools and health clinics.

The additional lending capacity provided by SBLF capital – coupled with the program’s dividend or interest rate 

incentives in the case of community banks – encouraged institutions to increase small business lending. 

Because of the program’s structure, increases in small business lending cannot be directly linked to the use of SBLF 

funds. However, the program’s impact can be observed indirectly.

This report highlights the growth in small business lending over baseline for current participants as well as the 

aggregate impact of the program on small business lending among all program participants, both current and 

redeemed.

 6 The initial interest rate paid by S corporations and mutual institutions was, at most, 7.7 percent. If these institutions increased their small 

business lending by 10 percent or more, then the rate fell to as low as 1.5 percent. These interest rates equate to after-tax effective rates 

(assuming a 35% tax rate) equivalent to the dividend rate paid by C corporation participants.
3

INCREASES IN SMALL BUSINESS LENDING OVER BASELINE LEVELS

Quarter Over Quarter Growth in Small Business Lending Reported by Current Program Participants

The following graph shows the aggregate increase in qualified small business lending reported by current SBLF 

participants as of June 30, 2017. These figures reflect changes in small business lending over baseline levels as 

specified by the Act (defined as the loan balances that were reported for each of the four calendar quarters ended 

June 30, 2010). The first four of Treasury’s investments in SBLF participants were made in the quarter ended June 30, 

2011, with all subsequent investments made in the quarter ended September 30, 2011.

Increase in Small Business Lending over Baseline by SBLF Participants7

(Reported as of June 30, 2017)

Redemptions of Treasury’s investments under the SBLF program have been the single largest driver of changes in

total qualified small business lending reported in recent quarters. As institutions redeem from the SBLF program, 

their respective increases or decreases in lending over baseline are removed from total qualified small business loan 

growth calculations going forward. For example, should an SBLF institution with $100 million in qualified small 

business lending growth over baseline redeem from the program, the growth associated with that institution would 

be omitted from total qualified small business loan growth calculations going forward, such that remaining 

participants would need to generate a net increase in qualified small business lending of at least $100 million for the 

total qualified small business loan growth level to remain the same as reported in the previous quarter. The 

redemption of institutions with negative changes in qualified small business lending over baseline can have the 

 7 The increase in lending for each quarter is representative of only those institutions participating in the quarter listed. Figures reflect the total 

aggregate net dollar amount of reported increases and decreases in small business lending. For detailed information on reported increases in 

lending prior to Q3 2014, please reference the prior quarterly reports published here: https://www.treasury.gov/resource-center/sbprograms/Pages/sblf_transactions.aspx

$3.8 $3.7 $3.6 $3.5 $3.1 $2.7 $1.7 $1.1 $1.0 $0.9 $0.9 $0.9 $0.7 $0.7

$8.6 $9.8 $10.6 $11.6 $12.3 $12.5

$11.7

$7.7

$3.3 $2.9 $2.4 $2.3 $1.7 $1.6

$12.4

$13.5 $14.2

$15.1 $15.4 $15.2

$13.4

$8.8

$4.3 $3.8 $3.3 $3.2

$2.4 $2.3

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

Q1

2014

Q2

2014

Q3

2014

Q4

2014

Q1

2015

Q2

2015

Q3

2015

Q4

2015

Q1

2016

Q2

2016

Q3

2016

Q4

2016

Q1

2017

Q2

2017

Increase in Small Business Lending over Baseline 

Level ($ in Billions)

Increase from Baseline through Q3 2011 Increase from Q3 2011 to Current Quarter
4

inverse effect where, due to netting effects, the impact of the redemption is an increase in the total qualified small 

business lending reported.

Beginning in late 2015, SBLF experienced a significant increase in redemptions by bank participants, likely in 

anticipation of the Act’s step-up in interest or dividend rates in Q1 2016. As a result of the increase in redemptions, 

total lending growth over baseline reported is declining as shown in the chart above. As of June 30, 2017, the total 

cumulative net increase in small business lending over baseline reported by current SBLF participants during the 

course of their participation in the SBLF program is $2.3 billion, which represents a decrease in lending of 

approximately $144 million quarter over quarter. 

As of September 1, 2017, 273 institutions with aggregate investments of $3.71 billion have fully redeemed their SBLF 

Treasury investment and exited the program, and 5 institutions have partially redeemed $28 million (or 66 percent of 

their SBLF securities) while continuing to participate in the program. One institution, with an aggregate SBLF 

investment of $37.9 million, remains in bankruptcy, after its bank subsidiary was closed by its state regulator and 

placed into FDIC receivership.

Increases in small business lending are widespread among remaining SBLF participants. To date, all participating 

community banks and 42 of the 46 CDLFs (or 91 percent) have increased their small business lending. In addition, 53 

of the 59 SBLF participants (or 90 percent) have increased their small business lending by 10 percent or more. 

Please see Appendix B for additional information on changes in small business lending following the initial SBLF 

investments.

Changes in Small Business Lending Report Pre and Post Investment Period

In the period between the baseline and the investment date, some participants increased lending, while others 

decreased. The Act, and the associated program terms, required that an institution’s initial dividend or interest rate 

be based on call report data published in the quarter immediately preceding the date of Treasury’s investment. 

Among other effects, this provision may have encouraged institutions to increase small business lending prior to 

entering the SBLF program, as they would receive the associated dividend or interest rate benefit immediately upon 

entry. At the same time, some institutions took actions (e.g., sales of loans or branches or reductions in loans 

outstanding) that reduced the amount of reported small business lending, such that their initial change in small 

business lending over their baseline was negative.

In total, 262 (79 percent) of SBLF participants increased lending by $4.5 billion and 70 (21 percent) participants 

decreased lending by $991 million from the baseline period until the time of Treasury’s initial investments in the 

quarter ended September 30, 2011, as shown in the darker blue in the chart on page 3. In subsequent quarters the 

dark blue bar shows the effect of institutions that redeemed on the pre investment period.
5

Aggregate Growth in Small Business Lending By Current and Former Participants

The chart below shows the cumulative net lending growth of all current and former participants in the program by 

incorporating changes in qualified small business lending over baseline for former SBLF participants at the amount 

reported in the final quarter of program participation and holding those balance changes constant in future quarters.

For example, if an SBLF participant reported a total increase in small business lending of $100 million over baseline in 

the final quarter prior to a full redemption, that amount is held constant and included in the net small business 

lending growth calculation in each quarter thereafter, instead of being removed as under the method described in 

the previous section. This approach captures the cumulative lending by all participants, both current and redeemed, 

and more comprehensively displays total historical program impact.

As of June 30, 2017, the total cumulative net impact on qualified small business lending over baseline reported by 

current and former SBLF participants is $18.7 billion.

Current and Historical Change in Small Business Lending over Baseline by SBLF Participants8

(Reported as of June 30, 2017)

Using average loan size data reported by SBLF participants in the Third Annual Lending Survey9

, this $18.7 billion 

represents an estimated 77,000 in qualified small business loans made by SBLF participants.

 8 The chart on page 5 reflects the cumulative net change in qualified small business lending reported by all participating institutions for each 

respective quarter. For detailed information on reported increases in lending prior to Q3 2014, please reference the prior quarterly reports 

published here: https://www.treasury.gov/resource-center/sb-programs/Pages/sblf_transactions.aspx

9 The average loan size reported by SBLF participants in the Third Annual Lending Survey was $243,000. The average loan size was based on the 

period July 2013 through June 2014. SBLF did not conduct another survey for the 12 month period ending June 2015 because of the significant 

decrease in the number of banks that would remain to respond after the step up quarter of Q1 2016.

$12.4 $13.5 $14.3 $15.1 $15.4 $15.2

$13.4

$8.8

$4.3 $3.8 $3.3 $3.2 $2.4 $2.3

$0.23

$0.26

$0.44 $0.70 $0.97 $2.44 $4.53

$9.62

$14.12 $14.98 $15.37 $15.58 $16.35 $16.43

$12.6

$13.8 $14.7

$15.8 $16.4

$17.6 $17.9 $18.4 $18.5 $18.7 $18.7 $18.8 $18.8 $18.7

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

$20

Q1

2014

Q2

2014

Q3

2014

Q4

2014

Q1

2015

Q2

2015

Q3

2015

Q4

2015

Q1

2016

Q2

2016

Q3

2016

Q4

2016

Q1

2017

Q2

2017

Current and Historical Change in Small Business 

Lending over Baseline Level ($ in Billions)

Cumulative Net Lending Balances Reported by All Redeemed Institutions through Reported Quarter

Cumulative Net Lending Balances Reported by All Current Participants through Reported Quarter
6

Distribution of Small Business Lending Increases by Quartile

If ranked and grouped by the amount of SBLF funds received, the 83 institutions that received $15 million or more of 

SBLF funding accounted for $8.4 billion of the total reported increase in small business lending with $2.7 billion of 

funds received. The graph below shows the changes in small business lending across four equally-sized groups of SBLF 

participants based on the dollar amount of SBLF funds received.

Changes in Small Business Lending by Dollar Amount of SBLF Funds Received

(Reported as of June 30, 2017)

Institutions with the largest initial investments saw the largest absolute increases in small business lending. However, 

institutions with the smallest initial investments saw the largest proportional increase, growing small business lending 

by a factor of 11 over baseline. 

$2.7

$0.8 $0.4 $0.1

$8.4

$6.0

$3.0

$1.3

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

$8.0

$9.0

First Quartile

(Over $15.0 Million)

Second Quartile

($7.0 - $15.0 Million)

Third Quartile

($3.3 - $7.0 Million)

Fourth Quartile

($3.3 Million or Less)

$ Billions

Quartiles by Dollar Amount of Funds Received

SBLF Funds Received Change in Small Business Lending over Baseline
7

If ranked and grouped by the dollar value of changes in small business lending, the top quartile of current and former

participants accounted for $13.9 billion of the total reported increase in small business lending with $1.9 billion of 

SBLF funds received. Institutions in the bottom quartile decreased their small business lending by a total of $800 

million in aggregate. Of the 82 institutions in the fourth quartile, 32 reported negative changes in small business 

lending over baseline in the period of redemption. The net effect of the declines in small business lending at the 32 

institutions was an overall decline in small business lending in the fourth quartile. 

The following graph shows the change in small business lending across four equally-sized groups of SBLF participants 

based on the dollar amount of their change in lending.

Increase in Small Business Lending by Dollar Amount of Lending Change

(Reported as of June 30, 2017)

$1.9

$0.8 $0.5 $0.8

$13.9

$4.1

$1.5

-$2.0 -$0.8

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

$12.0

$14.0

$16.0

First Quartile

(Over $71.4 Million)

Second Quartile

($30.5 - $71.4 Million)

Third Quartile

($7.9 - $30.5 Million)

Fourth Quartile

($7.9 Million or Less)

$ in Billions

Quartiles by Dollar Amount of Change in Small Business Lending

SBLF Funds Received Change in Small Business Lending over Baseline
8

Distribution of Small Business Lending Increases by Institution Size

Small business lending increased among groups of institutions of all sizes (as defined by total assets), with the largest 

aggregate increases in dollar value reported by institutions with under $250 million in total assets.

10 The largest 

institutions (defined as those participants with more than $1.0 billion in total assets) increased small business

lending by $4.6 billion while the smallest institutions (defined as those participants with less than $250 million in 

assets) increased small business lending by $5.5 billion.

The following graph shows cumulative increases in small business lending across four categories of institution size.

Increase in Small Business Lending by Institution Size

(Reported as of June 30, 2017)

 10 In this report, institution size (including the size ranges in this graph and the segmentation of institutions) is based on the total assets

reported by banks as of March 31, 2011, the quarter immediately prior to Treasury’s first SBLF investment.

$0.8 $0.7

$1.0

$1.5

$5.5

$5.1

$3.5

$4.6

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0 - $249 Million

(n=181)

$250 - $499 Million

(n=66)

$500 - $999 Million

(n=51)

$1.0 - $6.4 Billion

(n=31)

$ in Billions

Size by Total Assets

SBLF Funds Received Change in Small Business Lending over Baseline
9

Distribution of Small Business Lending Increases by Regional Geography

In each region of the country, SBLF participants reported aggregate increases in small business lending. Institutions in 

the Southeast reported the largest aggregate increase ($5.0 billion) with one of the larger shares of SBLF funds 

received ($860 million). 

The following graph shows increases in small business lending over baseline levels and SBLF funds received across six

geographic regions. 11

Increase in Small Business Lending by Regional Geography

(Reported as of June 30, 2017)

 11 In this report, the Midwest region includes: IA, IL, IN, KS, KY, MI, MN, MO, ND, NE, OH, SD, and WI. The Southwest region includes: AZ, CO, 

LA, NM, OK, TX, and UT. The Southeast region includes: AL, AR, FL, GA, MS, NC, TN, SC, VA, and WV. The Mid-Atlantic region includes: DC, DE, 

MD, NJ, NY, and PA. The West region includes: CA, ID, MT, NV, OR, WA, and WY. The Northeast region includes: CT, MA, ME, NH, RI, and VT.

$1.1 $0.9 $0.9

$0.5 $0.4 $0.2

$3.9

$4.2

$5.0

$2.4 $2.2

$1.0

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

Midwest (n=94) Southwest

(n=48)

Southeast

(n=72)

Mid-Atlantic

(n=52)

West

(n=39)

Northeast

(n=24)

$ in Billions

Axis Title SBLF Funds Received Change in Small Business Lending over Baseline
10

APPENDICES

A. Report Methodology

B. Changes in Lending Since Initial SBLF Investments

C. Institution-Specific Reporting on Small Business Lending by SBLF Participants
11

APPENDIX A: REPORT METHODOLOGY

This report provides information on changes in small business lending by SBLF participants as of June 30, 2017, 

relative to baseline levels. For each institution analyzed for this report, changes in lending are measured as the dollar 

value or percentage change, as noted, in lending between June 30, 2017 and the baseline period, unless otherwise 

specified. The baseline is calculated as the average of the applicable loan amounts that the institution reported for 

each of the four calendar quarters ended June 30, 2010.

Measurement of Small Business Lending

SBLF participants, which include banks and community development loan funds (CDLFs), report changes in small 

business lending by submitting quarterly reports to Treasury. This information is aggregated and presented in 

summary form in the “Increases in Small Business Lending Over Baseline Levels” section of this report. 

The Act defines “small business lending” as business loans that are (i) $10 million or less in amount to businesses with 

$50 million or less in revenue and (ii) included in one of the following categories:

• Commercial and industrial loans

• Owner-occupied nonfarm, nonresidential real estate loans (“owner-occupied CRE”)

• Loans to finance agricultural production and other loans to farmers (“agricultural production”)

• Loans secured by farmland (“farmland”)

The SBLF program terms provide for additional adjustments to the calculation of small business lending relating to 

net charge-offs and portions of loans guaranteed by the U.S. government or for which risk has been assumed by third 

parties, as well as mergers and acquisitions and purchases of loans.

Changes in small business lending are calculated as the difference between the level of loans outstanding as of June 

30, 2017 and the baseline amount. Participants report their baseline and changes in small business lending by 

submitting quarterly supplemental reports to Treasury. The most recent supplemental report includes lending 

information as of June 30, 2017. Participants are required to revise prior period submissions of small business 

lending data if inaccuracies are identified. Treasury publishes this updated information quarterly in its Report on 

SBLF Participants’ Small Business Lending Growth (previously titled the SBLF Use of Funds Report). This report 

includes restatements of prior period institution-specific information in the report appendices, which are also 

available in Microsoft Excel format. These resubmissions may yield minor differences in reporting, with each report 

including the most recent available data for the then-current period as well as all prior periods. Because the most 

recent information available for all periods is included in each quarterly report, Treasury does not generally revise 

prior period reports to reflect these resubmissions. 

When a SBLF participant exits the program12, the associated changes to qualified small business lending are removed 

from the total qualified small business growth calculation in the quarter of redemption, as well as all future reporting 

periods. 

Institution-specific reporting on changes in small business lending by SBLF participants is presented in Appendix C. 

 12 Through redemption, bankruptcy, insolvency, asset seizure, or closure by its regulator.
12

APPENDIX B: CHANGES IN LENDING SINCE INITIAL SBLF INVESTMENTS

The table on this page includes the aggregate increases in qualified small business lending by participants since the 

initial SBLF investments.

13 Additionally, it shows quarter-over-quarter changes in the number of participants 

reporting lending in the five ranges of small business loan growth that correspond to various dividend or interest 

rates payable on SBLF securities. Please see Appendix C for institution-specific reporting of small business lending by 

SBLF participants.

 13 In this analysis, the point of SBLF investment is defined as Q3 2011 and is measured as the change in lending between September 30, 2011 

and September 30, 2014. The first four of Treasury’s investments in SBLF participants were made in the quarter ended June 30, 2011, with all 

subsequent investments made in the quarter ended September 30, 2011. 

Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017

Cumulative Increase in Small Business Lending ($ in Billions) $1.3 $1.7 $3.1 $3.9 $5.2 $5.4 $6.8 $7.4 $8.7 $8.6 $9.8 $10.6 $11.6 $12.3 $12.5 $11.7 $7.7 $3.3 $2.9 $2.4 $2.3 $1.7 $1.6

Change in Small Business Lending (# of Participants)

Under 2.5% or Reduced 156 137 93 84 65 70 47 40 31 34 26 20 16 14 12 14 10 4 6 6 6 9 7

2.5 to 4.9% Increase 46 37 39 20 17 17 6 10 9 8 13 4 6 4 5 2 5 0 0 0 2 0 0

5.0 to 7.4% Increase 45 31 26 22 17 19 18 9 8 9 3 9 6 6 6 4 3 3 1 0 0 1 1

7.5 to 9.9% Increase 27 27 26 31 20 12 16 15 12 8 7 7 4 8 6 5 3 1 2 1 2 0 1

10.0% or Greater Increase 58 100 147 169 201 199 228 233 238 236 241 240 424 235 230 205 141 77 68 62 56 51 50

Participant Changes in Qualified Small Business Lending Since Initial SBLF Investments (Q3 2011)
13

APPENDIX C: INSTITUTION-SPECIFIC REPORTING ON SMALL BUSINESS LENDING BY SBLF 

PARTICIPANTS
Institutions Participating in SBLF

Report on Information from 6/30/2017 Quarterly Supplemental Reports transmitted with October 2017 Report

Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Rock Bancshares, Inc. Little Rock AR Bank 6,742,000 56,208,000 89,587,000 33,379,000 

CU Bancorp (1st Enterprise Bank) Encino CA Bank 16,400,000 340,835,000 665,208,000 324,373,000 

The Peoples Bank of Talbotton Talbotton GA Bank 890,000 5,943,000 14,192,000 8,249,000 

Illinois State Bancorp, Inc. Chicago IL Bank 6,684,000 60,188,000 81,697,000 21,509,000 

MidSouth Bancorp, Inc. LaFayette LA Bank 32,000,000 403,027,000 547,094,000 144,067,000 

Origin Bancorp (Community Trust Financial Corporation) Ruston LA Bank 48,260,000 387,778,000 798,081,000 410,303,000 

Alma Bank Astoria NY Bank 3,000,000 91,798,000 301,337,000 209,539,000 

Enterprise Financial Services Group, Inc. Allison Park PA Bank 5,000,000 87,306,000 92,785,000 5,479,000 

Evolve Bancorp, Inc. Cordova TN Bank 3,099,000 19,101,000 184,672,000 165,571,000 

Veritex Holdings, Inc. Dallas TX Bank 24,500,000 183,263,000 239,083,000 55,820,000 

Joaquin Bankshares Inc. Huntington TX Bank 1,000,000 40,722,000 52,709,000 11,987,000 

LCA Bank Corporation Park City UT Bank 2,727,000 14,000 4,738,000 4,724,000 

Medallion Bank Salt Lake City UT Bank 26,303,000 233,231,000 306,848,000 73,617,000 

Main Street Launch (OBDC Small Business Finance) Oakland CA CDLF 219,000 2,473,000 8,503,000 6,030,000 

California Coastal Rural Development Corporation Salinas CA CDLF 870,000 9,545,000 9,816,000 271,000 

Low Income Investment Fund San Francisco CA CDLF 7,490,000 26,595,000 149,096,000 122,501,000 

Opportunity Fund Northern California San Jose CA CDLF 2,236,000 5,935,000 55,351,000 49,416,000 

Valley Economic Development Center, Inc. Van Nuys CA CDLF 661,000 11,450,000 45,696,000 34,246,000 

Rural Community Assistance Corporation West Sacramento CA CDLF 4,300,000 6,104,000 11,329,000 5,225,000 

Colorado Enterprise Fund, Inc. Denver CO CDLF 463,000 5,721,000 20,141,000 14,420,000 

Capital for Change, Inc. (Greater New Haven Community Loan Fund) New Haven CT CDLF 525,000 4,796,000 6,405,000 1,609,000 

Partners for the Common Good, Inc. Washington DC CDLF 1,009,000 4,888,000 6,545,000 1,657,000 

BUILDING HOPE...A CHARTER SCHOOL FACILITIES FUND Washington DC CDLF 2,091,000 23,190,000 32,196,000 9,006,000 

Access to Capital for Entrepreneurs, Inc. (Appalachian Community EnterCleveland GA CDLF 188,000 2,773,000 17,851,000 15,078,000 

IFF Chicago IL CDLF 8,294,000 108,261,000 214,637,000 106,376,000 

Federation of Appalachian Housing Enterprises, Inc. Berea KY CDLF 2,063,000 4,137,000 2,846,000                         

(1,291,000) 

Community Ventures Corporation Lexington KY CDLF 1,045,000 3,451,000 15,462,000 12,011,000 Community Health Center Capital Fund, Inc. (Capital Link, Inc.) Boston MA CDLF 198,000 1,420,000 5,916,000 4,496,000 

Boston Community Loan Fund, Inc. Roxbury MA CDLF 4,410,000 11,378,000 31,513,000 20,135,000 Enterprise Community Loan Fund, Inc. Columbia MD CDLF 8,817,000 8,849,000 48,692,000 39,843,000 

Coastal Enterprises, Inc. Brunswick ME CDLF 2,316,000 18,380,000 46,158,000 27,778,000 

Nonprofits Assistance Fund Minneapolis MN CDLF 686,000 6,979,000 17,536,000 10,557,000 

Community Reinvestment Fund, Inc. Minneapolis MN CDLF 5,100,000 43,655,000 42,130,000                         

(1,525,000) 

Mountain BizCapital, Inc. Asheville NC CDLF 197,000 2,190,000 6,850,000 4,660,000 

Nebraska Enterprise Fund Oakland NE CDLF 197,000 1,454,000 9,341,000 7,887,000 

Leviticus 25:23 Alternative Fund, Inc. Elmsford NY CDLF 750,000 2,218,000 2,610,000 392,000 

TruFund Financial Services (Seedco Financial Services, Inc.) New York NY CDLF 2,500,000 33,651,000 16,555,000                      

(17,096,000) 

Primary Care Development Corporation New York NY CDLF 4,000,000 33,280,000 13,046,000                      

(20,234,000) 

Economic and Community Development Institute, Inc. Columbus OH CDLF 203,000 2,728,000 15,967,000 13,239,000 Citizen Potawatomi Community Development Corporation Shawnee OK CDLF 490,000 6,505,000 23,954,000 17,449,000 

The Progress Fund Greensburg PA CDLF 1,052,000 12,109,000 23,086,000 10,977,000 

Community First Fund Lancaster PA CDLF 862,000 11,002,000 21,289,000 10,287,000 

Institution

Bank or CDLF? SBLF Funding Outstanding Qualified Small Business Lending as 
Institutions Participating in SBLF

Report on Information from 6/30/2017 Quarterly Supplemental Reports transmitted with October 2017 Report

Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

Bank or CDLF? SBLF Funding Outstanding Qualified Small Business Lending as 

The Reinvestment Fund, Inc. Philadelphia PA CDLF 11,708,000 113,268,000 155,738,000 42,470,000 

Northside Community Development Fund Pittsburgh PA CDLF 250,000 2,190,000 3,104,000 914,000 

Bridgeway Capital, Inc. Pittsburgh PA CDLF 1,820,000 18,674,000 44,729,000 26,055,000 

Charleston Citywide Local Development Corporation Charleston SC CDLF 1,000,000 1,799,000 3,460,000 1,661,000 South Carolina Community Loan Fund (Lowcountry Housing Trust, IncorNorth Charleston SC CDLF 392,000 96,000 7,638,000 7,542,000 

Rural Electric Economic Development, Inc. Madison SD CDLF 1,230,000 11,116,000 14,679,000 3,563,000 

South Eastern Development Foundation Sioux Falls SD CDLF 240,000 2,486,000 7,133,000 4,647,000 

Northeast South Dakota Economic Corporation Sisseton SD CDLF 1,000,000 11,758,000 14,097,000 2,339,000 

CEN‐TEX Certified Development Corporation Austin TX CDLF 489,000 3,435,000 5,800,000 2,365,000 

PeopleFund Austin TX CDLF 500,000 9,900,000 15,632,000 5,732,000 

ECDC Enterprise Development Group Arlington VA CDLF 320,000 1,402,000 4,175,000 2,773,000 

Capital Impact Partners (NCB Capital Impact) Arlington VA CDLF 8,218,000 95,578,000 185,361,000 89,783,000 

Vermont Community Loan Fund, Inc. Montpelier VT CDLF 1,247,000 12,787,000 15,273,000 2,486,000 

Craft3 (ShoreBank Enterprise Group, Pacific) Ilwaco WA CDLF 1,867,000 24,108,000 95,288,000 71,180,000 

Impact Seven, Incorporated Almena WI CDLF 4,000,000 13,344,000 24,514,000 11,170,000 

Forward Community Investments, Inc. Madison WI CDLF 470,000 3,964,000 10,086,000 6,122,000 

Wisconsin Women's Business Initiative Corporation Milwaukee WI CDLF 391,000 4,562,000 16,579,000 12,017,000