January 2014

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 the economic

recovery.  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 September 30, 2013,

relative to baseline levels.2

   As of September 30, 2013, institutions participating in SBLF have made important

progress in increasing their small business lending, helping to support small businesses and local economies across

the nation.

• In total, SBLF participants have increased their small business lending by $11.2 billion over a $35.1 billion

baseline, and by $819 million over the prior quarter.

• Increases in small business lending are widespread across SBLF participants, with 93 percent of participants

having increased their small business lending over baseline levels.

• Most participants report that their small business lending increases have been substantial, with 90 percent

increasing small business lending by 10 percent or more.

This report also provides information on changes in business lending and other lending by SBLF banks relative to (i) a

representative peer group of 490 community banks that were selected to match the specific size, geography, and

financial condition of SBLF banks and (ii) a broader comparison group of the 6,045 similarly‐sized community banks

that are headquartered in the same states as SBLF banks.   

• SBLF banks have increased business loans outstanding by a median of 52.1 percent over baseline levels,

versus an 11.4 percent median increase for the representative peer group and a 7.2 percent median increase

for the broader comparison group.

• SBLF banks have increased business lending by substantially greater amounts across median measures of

size, geography, loan type, and financial condition versus the peer and comparison groups.

• SBLF banks that refinanced CPP funding have increased business lending by a median of 44.2 percent since

their initial receipt of CPP funding from Treasury versus an 18.4 percent increase for the peer group and an

11.8 percent increase for the comparison group over the same period.    

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

                                                            

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.
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 over $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 over

3,000 locations across 48 states.  This report includes information on the 307 institutions that continued to

participate in the program as of October 31, 2013, including 257 community banks and 50 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.   

As of December 1, 2013, 26 institutions with aggregate investments of $394.6 million have fully redeemed their SBLF

securities and exited the program, and 17 institutions have partially redeemed $147.5 million (or 42 percent of their

SBLF securities) though continue to participate in the program.  To date, redemptions have resulted in only a modest

change in reported qualified small business lending ($105 million) as the reductions in the reported baseline and

then‐current quarter small business amounts at the time of exit were equal to $5.6 billion and $5.5 billion,

respectively.

The SBLF program encourages lending to small businesses by providing capital to community banks and CDLFs with

less than $10 billion in assets.

   

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

or interest rate incentive structure.  The initial rate payable on SBLF capital is, at most, 5 percent, and the rate

falls to 1 percent if a bank’s small business lending increases by 10 percent or more. 3

  Banks that increase their

lending by amounts less than 10 percent pay rates between 2 percent and 4 percent.  If a bank’s lending does

not increase in the first two years, however, the rate increases to 7 percent.  If a bank has not repaid the SBLF

funding after four and a half years, the rate increases to 9 percent.

• For CDLFs, the SBLF program is 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.

As established in the Act and described above, the SBLF program operates through an indirect mechanism to achieve

policy outcomes.  The additional lending capacity provided by SBLF capital – coupled with the program’s dividend or

interest rate incentives in the case of community banks – encourages 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.  Accordingly, this report provides information

                                                            

3 The initial interest rate paid by S corporations and mutual institutions is, at most, 7.7 percent. If these institutions increase their small business

lending by 10 percent or more, then the rate falls 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

regarding aggregate increases in small business lending as well as a comparison of outcomes between program

participants and a peer group matched on key characteristics.  For additional information regarding the methodology

employed in this report, please see Appendix A.   

   
4

INCREASES IN SMALL BUSINESS LENDING OVER BASELINE LEVELS

As of September 30, 2013, SBLF participants have increased their small business lending by $11.2 billion over their

aggregate baseline of $35.1 billion.  Bank participants have increased their small business lending by $10.9 billion (or

32 percent) over a $34.3 billion baseline, and CDLFs increased their small business lending by $304.1 million (or 38

percent) over a $794.0 million baseline.  The following graph shows the aggregate increase in qualified small business

lending reported by SBLF participants as of September 30, 2013.  

Increase in Small Business Lending over Baseline by SBLF Participants

(Reported as of September 30, 2013)

Increases in small business lending are widespread among SBLF participants.  To date, 241 of the 257 participating

community banks (or 94 percent) and 46 of the 50 CDLFs (or 92 percent) have increased their small business lending.  

In addition, 277 of the 307 SBLF participants (or 90 percent) have increased their small business lending by 10 percent

or more.   

The graph on the following page 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.  
5

   

SBLF Participants Reporting Increases in Small Business Lending over Baseline4

(Reported as of September 30, 2013)  

To achieve the lowest available dividend or interest rate under the SBLF program terms (the “program incentive”),

participants would have needed to increase small business lending in aggregate by at least $4.5 billion.5

  As of

September 30, 2013, the $11.2 billion increase achieved over baseline levels is approximately 2.5 times greater than

the $4.5 billion program incentive.6

The figures in this section 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.  Please see Appendix B for additional

information on changes in small business lending following the initial SBLF investments.

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

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

shall be based on call report data published in the quarter immediately preceding the date of the SBLF 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

                                                            

4 As a result of redemptions, the total number of SBLF institutions was 307 as of Q3 2013, 315 as of Q2 2013, 317 as of Q1 2013, 320 as of Q4

2012, 326 as of Q3 2012, 328 as of Q2 2012, and 332 as of Q1 2012 and Q4 2011. 5 Throughout this report, the term “program incentive” is defined as the aggregate increase that would be required for participants to receive

the lowest available dividend or interest rate under the SBLF program terms. 6 As of September 30, 2013, some institutions have increased lending by more than their maximum program incentive, while others have

increased by less or decreased.  Please see Appendix C for institution‐specific reporting of small business lending by SBLF participants.

66

11 12 19

224

67

6 14 18

227

50

13 6 13

249

45

7 9 13

252

35

3 14 5

263

35

7 8 8

259

27

9 5 3

271

23

3 2 2

277

0

50

100

150

200

250

300

Under 2.5% or

Reduced

2.5 to 4.9% Increase 5.0 to 7.4% Increase 7.5 to 9.9% Increase 10.0% or Greater

Increase

SBLF Participants (#)

Increase in Small Business Lending over Baseline

Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Q3 2013
6

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) of participants

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

quarter ended June 30, 2011.  Of the 20 participants (7 percent) that presently report negative changes in small

business lending, six had reduced their small business lending in the period between the baseline and the investment

date, though have since increased their lending above that initial level.   

Distribution of Small Business Lending Increases by Quartile

Increases in small business lending are widespread among SBLF participants.  The largest dollar value increases in

small business lending have been made in aggregate by participants with the largest amount of SBLF funds

outstanding.  Funds outstanding is defined as the amount of funds received from SBLF minus funds that have been

redeemed.

If ranked and grouped by the amount of SBLF funds outstanding, the 77 institutions that received $14 million or more

of SBLF funding accounted for $6.0 billion of the total reported increase in small business lending with $2.3 billion of

funds outstanding.  The following graph shows the changes in small business lending over baseline levels across four

equally‐sized groups of SBLF participants based on the dollar amount of their SBLF funds outstanding.

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

(Reported as of September 30, 2013)

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

accounted for $8.1 billion of the gross reported increase in small business lending with $1.8 billion of SBLF funds

outstanding.  The following graph shows the change in small business lending over baseline levels across four equally‐

sized groups of SBLF participants based on the dollar amount of their change in lending.

$2.3

$0.7 $0.4 $0.1

$6.0

$3.0

$1.5

$0.7

$0.0

$1.0

$2.0

$3.0

$4.0

$5.0

$6.0

$7.0

First Quartile

($13.8 ‐ $141.0

Million)

Second Quartile

($7.0 ‐ $13.7 Million)

Third Quartile

($3.3 ‐ $6.9 Million)

Fourth Quartile

($3.2 Million or Less)

$ Billions

Quartiles by Dollar Amount of Funds Outstanding

SBLF Funds Outstanding Change in Small Business Lending over Baseline
7

Increase in Small Business Lending by Dollar Amount of Lending Change

(Reported as of September 30, 2013)

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 the largest institutions.7

  The largest institutions (defined as those

participants with more than $1.0 billion in total assets) increased small business lending by $3.3 billion while the

smallest institutions (defined as those participants with less than $250 million in assets) increased small business

lending by $2.8 billion.  The following graph shows increases in small business lending over baseline levels and SBLF

funds outstanding across four categories of institution size.

   

                                                            

7 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.

$1.8

$0.8 $0.6

$0.3

$8.1

$2.4

$1.1

‐$0.4

‐$2.0

$0.0

$2.0

$4.0

$6.0

$8.0

$10.0

First Quartile

(Over $43.9 Million)

Second Quartile

($22.4 ‐ $43.8 Million)

Third Quartile

($6.3 ‐ $22.3 Million)

Fourth Quartile

($6.2 Million or Less)

$ in Billions

Quartiles by Dollar Amount of Change in Small Business Lending

SBLF Funds Outstanding Change in Small Business Lending over Baseline
8

Increase in Small Business Lending by Institution Size

(Reported as of September 30, 2013)

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 Southwest reported the largest aggregate increase ($2.9 billion) with one of the largest shares of SBLF funds

outstanding ($850 million).   

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

six geographic regions. 8

   

                                                            

8 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.

$0.6 $0.7

$0.9

$1.3

$2.8 $2.8

$2.2

$3.3

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$7.0 ‐ $249 Million

(n=165)

$250 ‐ $499 Million

(n=68)

$500 ‐ $999 Million

(n=51)

$1.0 ‐ $6.4 Billion

(n=31)

$ in Billions

Size by Total Assets

SBLF Funds Outstanding Change in Small Business Lending over Baseline
9

Increase in Small Business Lending by Regional Geography

(Reported as of September 30, 2013)

Based on the average loan size reported by participants in the June 2013 Results of the First Annual Lending Survey,

the $11.2 billion aggregate increase in small business lending represents an estimated 51,700 additional loans to

small businesses.9

  The following graph shows the estimated number of additional loans to small businesses by

regional geography.

Estimated Number of Additional Loans to Small Businesses by Regional Geography

(Reported as of September 30, 2013)

                                                            

9 The number of additional small business loans is calculated by dividing each participant’s change in small business lending as of September 30,

2013 by the average loan size the participant reported on its SBLF lending survey for the year ended June 30, 2012 and aggregating the

resulting loan counts.  The resulting aggregate is rounded to the nearest hundred loans.

$1.0 $0.9 $0.8

$0.4 $0.3 $0.2

$2.2

$2.9

$2.7

$1.5

$1.0

$0.6

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

Midwest

(n=88)

Southwest

(n=43)

Southeast

(n=69)

Mid‐Atlantic

(n=50)

West

(n=35)

Northeast

(n=22)

$ in Billions

Axis Title SBLF Funds Outstanding Change in Small Business Lending over Baseline

5,000

12,900

2,500 14,900

12,400

4,000

Southwest

(n=43)

Southeast

(n=69)

Northeast

(n=22)

Midwest

(n=88)

Mid‐Atlantic

(n=50)

West

(n=35)
10

COMPARISON OF LENDING BY SBLF BANKS AND NON‐SBLF BANK GROUPS

This section compares changes in business lending and other lending by SBLF banks relative to (i) a representative

“peer group” of 490 community banks that were selected to match the specific size, geography, and financial

condition of SBLF banks and (ii) a broader “comparison group” of all 6,045 similarly‐sized community banks that are

headquartered in the same states as SBLF banks and engaged in business lending.  Please see Appendix A for

additional information regarding the composition of the peer group and comparison group.

SBLF banks have increased business lending by substantially greater amounts than both the peer and comparison

groups across median measures of size, geography, and loan type.  SBLF banks also report a median increase in other

(non‐business related) types of lending, while the peer group shows a smaller median increase and the comparison

group shows a decrease in such lending.  

Overall Changes in Business Lending and Other Lending

Comparing the level of loans outstanding as of September 30, 2013 to their baseline levels, SBLF banks increased

business lending by a median of 52.1 percent, versus an 11.4 percent median increase for the peer group and a 7.2

percent median increase for the comparison group.  In addition to increasing business lending, SBLF banks increased

other types of lending by a median of 31.6 percent over baseline levels, versus a median increase of 5.2 percent

among the peer group and 2.3 percent decrease among the comparison group.

The following graph shows changes in business lending and other lending by SBLF banks, the peer group, and the

comparison group.

Changes in Business Lending and Other Lending

(Reported as of September 30, 2013)

   

52.1%

31.6%

11.4%

5.2%

7.2%

‐2.3% ‐10%

0%

10%

20%

30%

40%

50%

60%

Median

Business Lending Other Lending

Change in Lending by Loan Category

over Baseline Levels (%)

SBLF Banks Peer Group Comparison Group
11

Distribution of Changes in Business Lending

A substantially greater percentage of SBLF banks than banks in the peer and comparison groups report significant

increases in business lending.  In total, 91 percent of banks participating in SBLF have increased their business lending

by 10 percent or more versus 52 percent for the peer group and 47 percent for the comparison group.  Thirty‐six

percent of the peer group and 41 percent of the comparison group have reduced business lending versus 6 percent of

SBLF bank participants.

Distribution of Changes in Business Lending  

(Reported as of September 30, 2013)

SBLF banks increased business lending to a greater extent than both the peer and comparison groups as measured by

the proportion of institutions reporting increases, as well as the percentage increases reported.   SBLF banks

increased business lending by a mean of 78 percent with a standard deviation of 74 percentage points.10  The peer

group of non‐SBLF banks increased business lending by a mean of 28 percent with a standard deviation of 56

percentage points while the comparison group increased business lending by a mean of 16 percent with a standard

deviation of 47 percentage points.   

   

                                                            

10 The calculations of the mean and standard deviation for each group apply a 90 percent winsorization (i.e., all data below the fifth percentile is

set to the value of the fifth percentile and all data above the 95th percentile is set to the value of the 95th percentile).  Winsorization is a

statistical transformation used to limit the effect of extreme values in a sample.  The standard deviation is a measure of the variation of data

points from their mean.  In these results, the large standard deviations indicate that the percentage increases in business lending by SBLF banks

and the peer and comparison groups are distributed over a large range of values and not concentrated around the mean.   

3% 3% 3%

10%

21%

60%

24%

11% 12% 12% 13%

28% 30%

11% 12% 11%

14%

22%

0%

10%

20%

30%

40%

50%

60%

10.0% or

Greater

Decrease

0.1% to   9.9%

Decrease

0.0% to   9.9%

Increase

10.0% to 19.9%

Increase

20.0% to 39.9%

Increase

40.0% or

Greater Increase

Population of Banks (%)

Change in Business Lending over Baseline Levels (%)

SBLF Banks Peer Group Comparison Group
12

Changes in Business Lending by Regional Geography

In each region of the country, SBLF banks reported median increases in business lending while both the peer group

and the comparison group reported smaller median increases.  The following graph compares median changes in

business lending by SBLF banks and the peer and comparison groups across six regions.

   

Changes in Business Lending by Regional Geography

(Reported as of September 30, 2013)

Changes in Business Lending by Institution Size

Across all ranges of institution size as defined by total assets, SBLF banks reported median increases in business

lending while both the peer group and comparison group reported smaller median increases.  The following graph

compares median changes in business lending by SBLF banks and the peer and comparison groups across four

categories of institution size.

   

43%

95%

70%

50%

35%

54% 52%

11%

18%

5%

18%

4%

19%

11% 8% 12%

‐2%

8%

4%

18%

7%

‐20%

0%

20%

40%

60%

80%

100%

Midwest Southwest Southeast Mid‐Atlantic West Northeast Overall

Median Change in Business Lending over

Baseline Levels (%)

SBLF Banks Peer Group Comparison Group
13

Changes in Business Lending by Institution Size

(Reported as of September 30, 2013)

Changes in Business Lending by Loan Category

Across all of the four loan categories that comprise business lending, SBLF banks reported median increases in

business lending while both the peer group and comparison group reported smaller median increases or no change.  

The following graph compares median changes in business lending by SBLF banks and the peer and comparison bank

groups across the four loan categories.

Changes in Business Lending by Loan Category

(Reported as of September 30, 2013)

61% 58%

38% 38%

52%

10% 9%

18%

15%

11%

8% 6% 4% 6% 7%

0%

10%

20%

30%

40%

50%

60%

70%

$7.0 ‐ $249 Million $250 ‐ $499

Million

$500 ‐ $999

Million

Median

$1.0 ‐ $6.4 Billion Overall

Change in Business Lending over

Baseline Levels (%)

SBLF Banks Peer Group Comparison Group

Size by Total Assets

43%

61%

43%

48% 52%

10% 13% 14%

10%

11%

0%

3%

9%

17%

7%

‐10%

0%

10%

20%

30%

40%

50%

60%

70%

Commercial &

Industrial

Owner Occupied

CRE

Agricultural

Production

Farmland Overall

Median Change in Loan Category over

Baseline Levels (%)

SBLF Banks Peer Group Comparison Group
14

Changes in Business Lending by Financial Condition

Across all ranges of financial condition as measured by Texas ratio11, SBLF banks reported median increases in

business lending while both the peer group and comparison group reported smaller median increases or median

decreases.  The following graph compares median changes in business lending by SBLF banks and the peer and

comparison groups across four categories of Texas ratios.

Changes in Business Lending by Financial Condition

(Reported as of September 30, 2013)

   

                                                            

11 The Texas ratio is used as a proxy for the financial condition of the institution, and is defined as the institution’s nonperforming assets plus

loans 90 days or more past due all divided by the institution’s tangible equity plus loan loss reserves.

90%

54%

43%

31%

52%

23%

11% 10%

2%

11%

18%

13% 6%

‐10%

7%

‐20%

0%

20%

40%

60%

80%

100%

Less than 10% 10.0% ‐ 19.9% 20.0% ‐ 29.9% 30% or Greater Overall

Median Change in Business Lending over

Baseline Levels (%)

SBLF Banks Peer Group Comparison Group

Texas Ratio
15

LENDING BY FORMER CAPITAL PURCHASE PROGRAM (CPP) PARTICIPANTS

The Act authorized Treasury to allow CPP participants that met certain requirements to refinance CPP investments

into SBLF.  In total, 137 institutions repaid a CPP investment in connection with an SBLF closing.  These banks received

$2.7 billion in SBLF funding and used $2.2 billion of this capital to repay outstanding CPP balances.  This section of the

report includes information on the 121 institutions that repaid a CPP investment in connection with an SBLF closing

and continue to participate in the program.

Small Business Lending Increases by Former CPP Participants

In total, institutions that received CPP funding and refinanced these investments reported a $5.0 billion increase in

small business lending over baseline levels, with a median increase of 25.8 percent.  By comparison, these institutions

would have needed to increase small business lending by at least $2.6 billion in aggregate to achieve the maximum

program incentive (as defined previously).

To date, 91 percent of institutions that refinanced CPP investments have increased their small business lending over

baseline levels and 86 percent have increased their small business lending by 10 percent or more.  Of the 11

institutions (9 percent) that report decreases in small business lending over baseline levels, four have increased

lending by $25.4 million since receiving SBLF funding but report an aggregate decrease in small business lending of

$40.3 million because of decreases in lending that occurred in the period between the baseline and Treasury’s

investment.

Changes in Business Lending by Former CPP Participants

Banks that received CPP funding and refinanced these investments through SBLF reported a significant median

increase in business lending following receipt of the initial CPP investments.  These institutions also reported a

median increase from the SBLF baseline period.   

SBLF banks that refinanced CPP funding reported a median increase in business lending of 44.2 percent since their

initial receipt of CPP funding from Treasury.  These participants also reported that their business lending has

increased by a median of 33.9 percent since the baseline period.  The peer group of non‐SBLF banks reported a

median increase in business lending of 18.4 percent since the reporting date following the CPP closings and the

comparison group reported a median increase in business lending of 11.8 percent over the same period.  Since the

baseline period, the peer group has increased business lending by a median of 11.4 percent and the comparison

group has increased business lending by 7.2 percent, as previously noted.  Increases in business lending following the

CPP investment prior to the baseline period would generally have the effect of increasing the reported baseline,

thereby reducing the percentage increase in business lending reported since the baseline period.
16

Changes in Business Lending by Former CPP Participants12

(Reported as of September 30, 2013)

Dividend Rates Payable by Institutions that Refinanced CPP Investments

Institutions that refinance capital from CPP benefit from the dividend or interest rate incentive provided by SBLF only

if they increase their small business lending over baseline levels.  As of September 30, 2013, banks that refinanced

CPP capital pay an average dividend or interest rate of 1.7 percent on SBLF funding, whereas other bank participants

pay an average rate of 1.3 percent.13

APPENDICES

A. Report Methodology

B. Changes in Lending Since Initial SBLF Investments

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

D. Institution‐Specific Reporting on Business Lending by SBLF Banks

   

                                                            

12 For the 121 former CPP participants, the median increase in business lending reflected in the first column is measured from the first reporting

date after each participant received its initial CPP capital to September 30, 2013.  Because the median CPP refinance participant received this

capital during the first quarter of 2009, the median increase in business lending for the peer and comparison groups is measured from March

31, 2009 to September 30, 2013 for this calculation.  This calculation excludes two SBLF participants that were former CPP participants but were

subsequently acquired following the receipt of SBLF funding. 13 These figures are adjusted to account for differences in the rates paid by subchapter S corporations and mutual institutions.

44.2%

33.9%

18.4%

11.8% 11.4%

7.2%

0%

10%

20%

30%

40%

50%

Change in Business Lending Since Initial

Treasury Investment

Median

Change in Business Lending Since Baseline

Change in Business Lending since

Initial and Baseline Levels (%)

CPP Refinance Participants Peer Group Comparison Group
17

APPENDIX A:  REPORT METHODOLOGY  

This report provides information on changes in small business lending, business lending, and other (non‐business

related) lending by SBLF participants as of September 30, 2013, 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 September 30, 2013 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

September 30, 2013 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 September 30, 2013.   

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.   

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

Measurement of Business Lending and Other Lending

This report provides information on changes in “business lending” and “other lending” by SBLF bank participants

relative to (i) a representative peer group of 490 community banks that were selected to match the specific size,

geography, and financial condition of SBLF banks and (ii) a broader comparison group of all 6,045 similarly‐sized
18

community banks that are located in one of the 44 states in which SBLF banks are headquartered and that engaged in

business lending.  The report also analyzes changes in business lending for the subset of SBLF banks that refinanced

into the program from Treasury’s Capital Purchase Program (CPP).

To obtain information regarding business and other lending by SBLF banks and the two non‐SBLF bank groups,

Treasury accessed information from SNL Financial, a private financial database that contains publicly‐filed regulatory

and financial reports.   

In contrast to small business lending, “business lending” refers to the same four categories of loans referenced in the

definition of small business lending without exclusions for loans to businesses over $10 million and loans to

businesses with more than $50 million in revenue, and without the additional adjustments used in SBLF’s calculation

of small business lending.  Because the banks in the non‐SBLF bank groups are not program participants and do not

report small business lending as defined by the program terms, this analysis uses business lending as proxy for small

business lending activities.  Most business lending reported by SBLF banks qualifies as small business lending.  For

example, as of March 31, 2013, small business lending totaled 95.0 percent of business lending by dollar value for the

median SBLF bank.

Changes in business and other lending are calculated as the difference between the level of loans outstanding as of

September 30, 2013 and the baseline amount.  The baseline is calculated as the average of the business loans

outstanding that the institution reported for each of the four calendar quarters ended June 30, 2010.  Changes in

other lending are calculated based on the institution’s total loans and leases, including loans held for sale, less the

amount of business loans outstanding.

For former CPP participants, this report includes a calculation of the median increase in business lending since they

received their initial CPP investment in the “Lending by Former Capital Purchase Program (CPP) Participants” section.  

For this section, bank‐specific changes in lending for this calculation are measured from the first quarterly reporting

date after the bank received its initial CPP investment to September 30, 2013.  This section also includes a calculation

of the median increase in business lending by the non‐SBLF bank groups from March 31, 2009 (the first reporting date

after the median CPP participant received its initial CPP investment) to September 30, 2013.

   

As noted, the definition of “banks” in this report encompasses both banks and thrifts.  Prior to March 31, 2012, many

thrifts reported lending on Thrift Financial Reports (TFRs), rather than the Call Reports used by banks.  Call Reports

segment nonfarm, nonresidential real estate loans into separate owner‐occupied and non‐owner occupied

categories, and only those loans classified as owner‐occupied are eligible for inclusion in business lending.  This

distinction, however, is not readily accessible in TFR filings.  To adjust for this difference, the analysis in this report

calculates owner‐occupied nonfarm, nonresidential real estate as a percentage of total nonfarm, nonresidential real

estate as of March 31, 2012 for each thrift institution.  The resulting percentage is applied to nonfarm, nonresidential

real estate loan balances from TFRs filed prior to March 31, 2012, including those used in the calculation of baseline

values.  As of the quarter ended March 31, 2012, all banks, thrifts, and bank and thrift holding companies file Call

Reports.

This comparative information will be updated periodically.  Institution‐specific reporting on changes in business

lending by SBLF banks is presented in Appendix D.  

Calculation of Median Changes in Lending

In comparing SBLF banks to the non‐SBLF bank groups, this report generally describes the median percentage change

in lending.  The median measure is used for these comparisons because it more closely describes the lending
19

activities of the typical institution in each group than would a calculation of the arithmetic mean (which is subject to

skew by outlying measures) or the weighted average (which is subject to concentration effects, given the distribution

of institution asset sizes within the SBLF portfolio).  Institutions that report a baseline value of zero for the relevant

measure are excluded from the median calculation.

   

Selection of Non‐SBLF Bank Comparison Group and Peer Group

In describing changes in business lending, this report compares the group of 257 banks that continue to participate in

the SBLF program to a broad comparison group of non‐SBLF banks and a representative peer group selected from the

broader comparison group:

• Comparison Group.  The comparison group is comprised of the 6,450 non‐SBLF insured depository institutions

that (i) were established prior to March 31, 2009, (ii) had total assets between $7.0 million and $6.4 billion (the

range of total assets for SBLF banks) as of March 31, 2011, which is the end of the first quarter prior to SBLF

banks receiving funding, (iii) are located in one of the 44 states in which SBLF banks are headquartered, and (iv)

reported a positive amount of business lending in the baseline period.   

Each quarter, institutions are removed from the initial comparison group if they are merged into another

institution or closed.  As of September 30, 2013, a total of 372 institutions have been removed from the initial

6,417 institution comparison group for these reasons.  While the comparison group includes banks that share

the aforementioned characteristics with SBLF banks, the selection criteria for the group does not imply that it

has the same distribution with respect to size, geography, or financial condition as the portfolio of SBLF banks.

• Peer Group.  The peer group is comprised of 490 non‐SBLF insured depository institutions that share certain

size, geographic, and financial characteristics with the group of SBLF bank participants.

For each SBLF participant bank, two peer banks were selected from the comparison group.  The institutions

selected were generally the two banks with the closest Texas ratios that were located within the same state

and asset size category as the SBLF participant as of March 31, 2011 (the quarter immediately prior to

Treasury’s first SBLF investment).  The five categories of asset size in this analysis are (i) $7 to $99 million, (ii)

$100 to $249 million, (iii) $250 to $499 million, (iv) $500 to $999 million, and (v) $1.0 to $6.4 billion.  The Texas

ratio is used as a proxy for the financial condition of the institution, and is defined as the institution’s

nonperforming assets plus loans 90 days or more past due all divided by the institution’s tangible equity plus

loan loss reserves.   

For example, an SBLF bank based in Ohio with $750 million in assets and a Texas ratio of 20 percent would be

matched with the two, Ohio‐based banks in the $500 to $999 million asset size category that have Texas ratios

closest to 20 percent.   

In those instances in which SBLF banks have an overlapping peer bank, the same peer is not used in the peer

group more than once.  Instead, the peer is assigned to the SBLF bank with the closest Texas ratio and the other

SBLF bank is assigned to its next closest peer.   

Peer institutions were selected as of March 31, 2011.  This analysis removes institutions from the peer group if

(i) the corresponding SBLF bank fully redeems its SBLF securities and exits the program or (ii) in the case of the

acquisition of the peer, its merger into another institution, or closure.  As of September 30, 2013, a total of 34

institutions have been removed from the peer group as a result of SBLF participants exiting the program and 18

have been removed as a result of mergers or acquisitions of the peer institutions.
20

   

The following table is a summary of the size, Texas ratio, and geographic distribution of SBLF bank participants, the

peer group, and the comparison group.

  

   

SBLF

Banks

Peer

Group

Comparison

Group

Number of institutions 257 490 6045

Increase in business lending (median) 52.1% 11.4% 7.2%

Increase in other lending (median) 31.6% 5.2% ‐2.3%

Assets ($000s)

Median $306,908 $291,356 $145,320

Mean $571,992 $485,159 $309,612

Texas Ratio

Median 14.7% 15.9% 17.1%

Mean 17.6% 19.7% 19.7%

Region (% of institutions)

Midwest 28.0% 28.6% 45.3%

Northeast 19.1% 19.8% 9.5%

South 38.5% 38.2% 36.9%

West 14.4% 13.5% 8.2%

Summary of the Characteristics of SBLF Banks, the Peer Group, and the Comparison Group
21

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.14  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 D for institution‐specific reporting of small business lending by

SBLF participants.

                                                            

14 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, 2013.  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

Cumulative Increase in Small Business Lending ($ in Billions) $1.3 $1.7 $3.1 $3.9 $5.3 $5.5 $6.8 $7.7

Change in Small Business Lending (# of Participants)

Under 2.5% or Reduced 155 137 93 84 64 69 47 41

2.5 to 4.9% Increase 46 37 39 18 18 17 5 9

5.0 to 7.4% Increase 47 31 26 24 17 19 17 8

7.5 to 9.9% Increase 27 27 26 31 21 12 18 16

10.0% or Greater Increase 57 100 147 169 200 200 228 233

Participant Changes in Qualified Small Business Lending Since Initial SBLF Investments(Q3 2011)
22

The table on this page includes results for the SBLF banks, peer group, and comparison group for business lending

since the initial SBLF investments.  The information reported herein is based on Call Report data from September

2013 and the methodology described in Appendix A.

SBLF

Banks

Peer

Group

Comparison

Group

Number of institutions 257 488 6035

Changesin Business and Other Lending % % %

Increase in Business Lending (median) 29.8 7.4 5.1

Increase in Other Lending (median) 20.6 5.5 1.3

Increase in Business Lending (mean) 35.8 12.9 8.7

Increase in Business Lending (standard dev.) 31.2 29.8 27.1

Institutions that Increased Business Lending by 10% or more 82.9 45.9 41.3

Institutions that Reduced Business Lending 7.4 35.9 40.7

Distribution of Changes in Business Lending

10.0% or Greater Decrease 3.9 19.9 23.5

0.1% to 9.9% Decrease 3.5 16.0 17.1

0.0% to 9.9% Increase 9.7 18.2 18.1

10.0% to 19.9% Increase 17.1 16.6 14.8

20.0% to 39.9% Increase 34.6 14.1 14.5

40.0% or Greater Increase 31.1 15.2 11.9

Changesin Business Lending by Regional Geography

Midwest 25.4 6.7 6.0

Southwest 42.4 10.3 10.3

Southeast 30.6 4.0 ‐1.7

Mid‐Atlantic 30.8 6.6 2.1

West 27.3 10.4 5.4

Northeast 28.9 12.1 10.5

Changesin Business Lending by Institution Size

$7.0 to $249 Million 30.2 6.3 5.5

$250 to $499 Million 35.3 6.8 4.1

$500 to $999 Million 18.7 11.2 3.7

$1.0 to $6.4 Billion 32.3 11.5 5.6

Changesin Business Lending by Loan Category

Commercial & Industrial 29.1 6.6 2.8

Owner‐Occupied CRE 29.0 5.2 20.0

Agricultural Production 20.1 9.3 7.6

Farmland 15.6 650.0 7.7

Changesin Business Lending by Texas Ratio

Less than 10% 35.3 8.7 9.9

10.0% to 19.9% 29.7 6.8 7.9

20.0% to 29.9% 28.4 5.5 5.4

30.0% or Greater 22.5 6.3 ‐3.3

Changesin Business Lending by Former CPP Participants

Increase in Business Lending since SBLF Investment 25.0 7.4 5.1

Measurement of Lending by SBLF Banks, Peer Group, and Comparison Group Since Initial SBLF Investments (Q3 2011)
23

APPENDIX D: INSTITUTION‐SPECIFIC REPORTING ON SMALL BUSINESS LENDING BY SBLF

PARTICIPANTS

   
Institutions Participating in SBLF

Report on Information from 9/30/2013 Quarterly Supplemental Reports transmitted with January 2014 Report

Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Southern National Corporation Andalusia AL Bank 4,500,000 155,408,000 191,688,000 36,280,000 

Southern States Bancshares, Inc. Anniston AL Bank 7,492,000 53,588,000 73,151,000 19,563,000 

ServisFirst Bancshares, Inc. Birmingham AL Bank 40,000,000 659,796,000 1,409,160,000 749,364,000 

BancIndependent, Incorporated Sheffield AL Bank 30,000,000 241,790,000 296,187,000 54,397,000 

First Partners Bank (SouthCity Bank) Vestavia Hills AL Bank 5,200,000 39,071,000 52,408,000 13,337,000 

First Service Bancshares, Inc. Greenbrier AR Bank 7,716,000 73,164,000 66,790,000                          

(6,374,000) 

Rock Bancshares, Inc. Little Rock AR Bank 6,742,000 56,208,000 100,670,000 44,462,000 

Western Alliance Bancorporation Phoenix AZ Bank 141,000,000 1,638,103,000 1,848,062,000 209,959,000 

Seacoast Commerce Bank Chula Vista CA Bank 4,000,000 45,347,000 97,165,000 51,818,000 

First Northern Community Bancorp Dixon CA Bank 12,847,000 225,762,000 253,687,000 27,925,000 

Community Valley Bank El Centro CA Bank 2,400,000 13,645,000 31,874,000 18,229,000 Redwood Capital Bancorp Eureka CA Bank 7,310,000 46,088,000 57,542,000 11,454,000 

Central Valley Community Bancorp Fresno CA Bank 7,000,000 296,001,000 284,208,000                        

(11,793,000) 

Banc of California, Inc. (First PacTrust Bancorp, Inc.) Irvine CA Bank 42,000,000 312,254,000 377,715,000 65,461,000 

Silvergate Capital Corporation La Jolla CA Bank 12,427,000 9,115,000 14,432,000 5,317,000 

California Bank of Commerce Lafayette CA Bank 11,000,000 73,565,000 188,142,000 114,577,000 

ProAmérica Bank (Promérica Bank) Los Angeles CA Bank 3,750,000 43,274,000 55,889,000 12,615,000 

GBC Holdings, Inc. Los Angeles CA Bank 5,000,000 81,993,000 117,670,000 35,677,000 1st Enterprise Bank Los Angeles CA Bank 16,400,000 88,154,000 262,624,000 174,470,000 

Partners Bank of California Mission Viejo CA Bank 2,463,000 54,729,000 57,789,000 3,060,000 

Bank of Commerce Holdings Redding CA Bank 20,000,000 200,059,000 228,665,000 28,606,000 

Security California Bancorp Riverside CA Bank 7,200,000 164,981,000 204,340,000 39,359,000 

Pacific Coast Bankers' Bancshares San Francisco CA Bank 11,960,000 42,624,000 22,506,000                        

(20,118,000) 

Capital Bank San Juan Capistrano CA Bank 3,132,000 16,458,000 71,056,000 54,598,000 Founders Bancorp San Luis Obispo CA Bank 4,178,000 35,399,000 53,919,000 18,520,000 

The Bank of Santa Barbara Santa Barbara CA Bank 1,882,380 22,776,000 51,290,000 28,514,000 

Summit State Bank Santa Rosa CA Bank 13,750,000 82,734,000 112,392,000 29,658,000 

FNB Bancorp South San Francisco CA Bank 9,450,000 149,634,000 141,809,000                          

(7,825,000) 

Columbine Capital Corp. Buena Vista CO Bank 6,050,000 44,150,000 79,288,000 35,138,000 

CIC Bancshares, Inc. Denver CO Bank 1,772,000 67,982,000 121,321,000 53,339,000 

Steele Street Bank Corporation Denver CO Bank 11,350,000 65,842,000 110,090,000 44,248,000 

CoBiz Financial Inc. Denver CO Bank 57,366,000 740,718,000 846,209,000 105,491,000 

Verus Acquisition Group, Inc. Fort Collins CO Bank 9,740,000 66,000,000 76,551,000 10,551,000 

Morgan Capital Corporation Fort Morgan CO Bank 3,250,000 27,381,000 30,418,000 3,037,000 

Salisbury Bancorp, Inc. Lakeville CT Bank 16,000,000 77,732,000 105,363,000 27,631,000 

Bankwell Financial Group, Inc. (BNC Financial Group, Inc.) New Canaan CT Bank 10,980,000 28,259,000 154,344,000 126,085,000 

SBT Bancorp, Inc. Simsbury CT Bank 9,000,000 34,899,000 55,540,000 20,641,000 

Community Bank Delaware Lewes DE Bank 4,500,000 31,548,000 35,151,000 3,603,000 

Platinum Bank Holding Co. (Platinum Bank) Brandon FL Bank 13,800,000 166,747,000 188,815,000 22,068,000 

Marquis Bank Coral Gables FL Bank 3,500,000 11,273,000 39,962,000 28,689,000 

First Green Bancorp, Inc. (First Green Bank) Eustis FL Bank 4,727,000 30,339,000 82,904,000 52,565,000 

Broward Financial Holdings, Inc. Fort Lauderdale FL Bank 3,134,000 14,233,000 56,578,000 42,345,000 

FineMark Holdings, Inc. Fort Myers FL Bank 5,665,000 25,709,000 73,388,000 47,679,000 Community Southern Holdings, Inc. (Community Southern Bank) Lakeland FL Bank 5,700,000 28,611,000 51,515,000 22,904,000 

Institution

Bank or CDLF? SBLF Funding Outstanding Qualified Small Business Lending as of 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

Bank of Central Florida Lakeland FL Bank 7,000,000 65,574,000 113,276,000 47,702,000 

CBOS Bankshares, Inc. Merritt Island FL Bank 3,893,000 46,283,000 31,423,000                        

(14,860,000) 

Ovation Holdings, Inc. Naples FL Bank 5,000,000 22,467,000 46,375,000 23,908,000 

Florida Community Bankshares, Inc. Ocala FL Bank 17,000,000 158,498,000 128,269,000                        

(30,229,000) 

Jefferson Bank of Florida Oldsmar FL Bank 3,367,000 13,891,000 38,552,000 24,661,000 

Florida Shores Bancorp, Inc. Pompano Beach FL Bank 12,750,000 88,898,000 151,844,000 62,946,000 

Gulfstream Bancshares, Inc. Stuart FL Bank 7,500,000 283,018,000 241,543,000                        

(41,475,000) 

HomeBancorp, Inc. Tampa FL Bank 7,398,000 12,298,000 20,297,000 7,999,000 

Florida Business BancGroup, Inc. Tampa FL Bank 15,360,000 98,486,000 143,578,000 45,092,000 

Resurgens Bancorp Atlanta GA Bank 2,967,000 18,065,000 26,098,000 8,033,000 The Peoples Bank of Talbotton Talbotton GA Bank 890,000 5,943,000 10,138,000 4,195,000 

Lowndes Bancshares, Inc. Valdosta GA Bank 6,000,000 41,214,000 47,993,000 6,779,000 Heartland Financial USA, Inc. Dubuque IA Bank 81,698,000 1,005,993,000 1,123,635,000 117,642,000 

Liberty Financial Services, Inc. Sioux City IA Bank 7,000,000 67,761,000 85,465,000 17,704,000 

Commercial Financial Corp Storm Lake IA Bank 18,000,000 225,764,000 261,937,000 36,173,000 

D. L. Evans Bancorp Burley ID Bank 22,391,000 350,577,000 372,982,000 22,405,000 

Heartland Bancorp, Inc. Bloomington IL Bank 25,000,000 586,765,000 589,254,000 2,489,000 

Southern Illinois Bancorp, Inc. Carmi IL Bank 9,000,000 92,975,000 146,733,000 53,758,000 

First Busey Corporation Champaign IL Bank 72,664,000 555,684,000 664,808,000 109,124,000 

United Community Bancorp, Inc. Chatham IL Bank 22,262,000 260,066,000 290,820,000 30,754,000 

Signature Bancorporation, Inc. Chicago IL Bank 12,500,000 123,830,000 224,552,000 100,722,000 

Illinois State Bancorp, Inc. Chicago IL Bank 13,368,000 60,188,000 85,445,000 25,257,000 

Prime Banc Corp. Dieterich IL Bank 10,000,000 98,284,000 127,837,000 29,553,000 

First Eldorado Bancshares, Inc. Eldorado IL Bank 3,000,000 41,312,000 69,333,000 28,021,000 

First Community Financial Corporation Elgin IL Bank 6,100,000 32,801,000 39,141,000 6,340,000 

Community First Bancorp, Inc. Fairview Heights IL Bank 7,000,000 52,195,000 79,952,000 27,757,000 

Fisher Bancorp, Inc. Fisher IL Bank 500,000 15,062,000 21,259,000 6,197,000 Merchants and Manufacturers Bank Corporation Joliet IL Bank 6,800,000 57,311,000 80,597,000 23,286,000 

Tri‐County Financial Group, Inc. Mendota IL Bank 20,000,000 153,558,000 205,401,000 51,843,000 

QCR Holdings, Inc. Moline IL Bank 29,867,000 563,955,000 499,315,000                        

(64,640,000) 

Bancorp Financial, Inc. Oak Brook IL Bank 14,643,000 14,912,000 23,360,000 8,448,000 People First Bancshares, Inc. Pana IL Bank 9,198,000 129,986,000 173,523,000 43,537,000 

First Bankers Trustshares, Inc. Quincy IL Bank 10,000,000 148,612,000 195,028,000 46,416,000 

First Robinson Financial Corporation Robinson IL Bank 4,900,000 35,592,000 51,066,000 15,474,000 

Community Illinois Corporation Rock Falls IL Bank 4,500,000 78,909,000 90,600,000 11,691,000 

Town and Country Financial Corporation Springfield IL Bank 5,000,000 91,149,000 130,817,000 39,668,000 

First Savings Financial Group, Inc. Clarksville IN Bank 17,120,000 58,334,000 88,962,000 30,628,000 

Horizon Bancorp Michigan City IN Bank 12,500,000 189,998,000 221,080,000 31,082,000 

MutualFirst Financial, Inc. Muncie IN Bank 21,692,000 182,945,000 167,548,000                        

(15,397,000) 

First Merchants Corporation Muncie IN Bank 34,043,000 1,355,533,000 1,091,321,000                     

(264,212,000) 

AMB Financial Corp. Munster IN Bank 3,858,000 22,233,000 31,741,000 9,508,000 Community Bank Shares of Indiana, Inc. New Albany IN Bank 28,000,000 189,712,000 213,746,000 24,034,000 

Bern Bancshares, Inc. Bern KS Bank 1,500,000 23,043,000 26,062,000 3,019,000 Brotherhood Bancshares, Inc. Kansas City KS Bank 16,000,000 55,235,000 37,446,000                        

(17,789,000) 

UBT Bancshares, Inc. Marysville KS Bank 16,500,000 154,451,000 224,537,000 70,086,000 

Osborne Investments, Inc. Osborne KS Bank 1,000,000 14,215,000 24,948,000 10,733,000 

Freedom Bancshares, Inc. Overland Park KS Bank 4,000,000 31,191,000 43,689,000 12,498,000 

Equity Bancshares, Inc. Wichita KS Bank 16,372,000 274,732,000 304,362,000 29,630,000 

Magnolia Bancshares Inc. Hodgenville KY Bank 2,000,000 30,631,000 34,136,000 3,505,000 

FCB Bancorp, Inc. Louisville KY Bank 9,759,000 78,649,000 90,439,000 11,790,000 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

First Guaranty Bancshares, Inc. Hammond LA Bank 39,435,000 181,232,000 221,773,000 40,541,000 

MidSouth Bancorp, Inc. LaFayette LA Bank 32,000,000 394,982,000 490,708,000 95,726,000 

Progressive Bancorp, Inc. Monroe LA Bank 12,000,000 104,272,000 135,580,000 31,308,000 

Ouachita Bancshares Corp. Monroe LA Bank 17,930,000 142,925,000 192,569,000 49,644,000 

First NBC Bank Holding Company New Orleans LA Bank 37,935,000 370,388,000 534,854,000 164,466,000 

Community Trust Financial Corporation Ruston LA Bank 48,260,000 359,389,000 603,924,000 244,535,000 

Provident Bancorp, Inc. Amesbury MA Bank 17,145,000 84,302,000 140,047,000 55,745,000 

Leader Bancorp, Inc. Arlington MA Bank 12,852,000 30,398,000 58,326,000 27,928,000 

Island Bancorp, Inc. Edgartown MA Bank 4,000,000 23,581,000 36,211,000 12,630,000 

New England Bancorp, Inc. Hyannis MA Bank 4,000,000 41,772,000 62,794,000 21,022,000 

Hyde Park Bancorp, Inc. Hyde Park MA Bank 18,724,000 1,684,000 16,584,000 14,900,000 

Rockport National Bancorp, Inc. Rockport MA Bank 3,000,000 37,136,000 43,069,000 5,933,000 

StonehamBank, A Co‐operative Bank Stoneham MA Bank 13,813,000 46,880,000 93,356,000 46,476,000 

Monument Bank Bethesda MD Bank 8,515,000 34,983,000 54,279,000 19,296,000 

Eagle Bancorp, Inc. Bethesda MD Bank 56,600,000 413,330,000 697,027,000 283,697,000 

Howard Bancorp, Inc. Ellicott City MD Bank 12,562,000 135,545,000 180,731,000 45,186,000 

The Community Financial Corporation (Tri‐County Financial Corporation)Waldorf MD Bank 20,000,000 244,812,000 284,275,000 39,463,000 

Katahdin Bankshares Corp. Houlton ME Bank 11,000,000 138,863,000 164,881,000 26,018,000 

Birmingham Bloomfield Bancshares, Inc. Birmingham MI Bank 4,621,000 33,793,000 55,602,000 21,809,000 

Level One Bancorp, Inc. Farmington Hills MI Bank 11,301,000 94,054,000 193,315,000 99,261,000 

Huron Valley State Bank Milford MI Bank 2,597,000 21,470,000 34,618,000 13,148,000 

Valley Financial Group, Ltd. Saginaw MI Bank 2,000,000 73,968,000 93,302,000 19,334,000 

Crestmark Bancorp, Inc. Troy MI Bank 8,250,000 198,199,000 373,588,000 175,389,000 

MidWest Bancorporation, Inc. Eden Prairie MN Bank 5,115,000 71,952,000 88,927,000 16,975,000 

Financial Services of Winger, Inc. Fosston MN Bank 4,069,000 60,984,000 82,431,000 21,447,000 

Kerkhoven Bancshares, Inc Kerkhoven MN Bank 1,500,000 24,950,000 34,899,000 9,949,000 

Platinum Bancorp, Inc. Oakdale MN Bank 4,453,000 45,123,000 53,894,000 8,771,000 

Redwood Financial, Inc. Redwood Falls MN Bank 6,425,000 53,010,000 78,632,000 25,622,000 

McLeod Bancshares, Inc. Shorewood MN Bank 6,000,000 64,344,000 49,452,000                        

(14,892,000) 

Heritage Bancshares Group, Inc. Willmar MN Bank 11,000,000 149,302,000 182,139,000 32,837,000 

Fortune Financial Corporation Arnold MO Bank 3,255,000 46,918,000 44,779,000                          

(2,139,000) 

Security State Bancshares, Inc. Charleston MO Bank 22,000,000 177,012,000 220,759,000 43,747,000 

Triad Bancorp, Inc. Frontenac MO Bank 5,000,000 30,753,000 57,092,000 26,339,000 

Liberty Bancorp, Inc. Liberty MO Bank 16,169,000 98,984,000 120,773,000 21,789,000 

Southern Missouri Bancorp, Inc. Poplar Bluff MO Bank 20,000,000 188,556,000 241,514,000 52,958,000 

Great Southern Bancorp, Inc. Springfield MO Bank 57,943,000 201,374,000 297,191,000 95,817,000 

Cardinal Bancorp II, Inc. Washington MO Bank 6,251,000 62,590,000 77,948,000 15,358,000 

BankFirst Capital Corporation Macon MS Bank 5,000,000 176,916,000 185,743,000 8,827,000 

Cadence Financial Corporation (Encore Bancshares, Inc.) Starkville MS Bank 32,914,000 633,113,000 658,004,000 24,891,000 

Bancorp of Montana Holding Company Missoula MT Bank 1,460,000 3,332,000 8,438,000 5,106,000 

Premara Financial, Inc. Charlotte NC Bank 6,238,000 51,862,000 59,386,000 7,524,000 

Select Bancorp, Inc. Greenville NC Bank 7,645,000 30,424,000 57,711,000 27,287,000 

Union Bank & Trust Company Oxford NC Bank 6,200,000 38,779,000 49,563,000 10,784,000 

Providence Bank Rocky Mount NC Bank 4,250,000 31,805,000 37,386,000 5,581,000 

First Bancorp Troy NC Bank 63,500,000 496,528,000 585,702,000 89,174,000 

Live Oak Bancshares, Inc. Wilmington NC Bank 6,800,000 53,679,000 180,526,000 126,847,000 

Western State Agency, Inc. Devils Lake ND Bank 12,000,000 154,511,000 259,537,000 105,026,000 

Alerus Financial Corporation Grand Forks ND Bank 20,000,000 280,617,000 462,418,000 181,801,000 

The State Bank of Bartley Bartley NE Bank 2,380,000 28,031,000 39,942,000 11,911,000 

Banner County Ban Corporation Harrisburg NE Bank 2,427,000 50,318,000 70,220,000 19,902,000 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

First State Holding Co. (Wilber Co.) Lincoln NE Bank 12,000,000 140,093,000 179,801,000 39,708,000 

Adbanc Inc. Ogallala NE Bank 21,905,000 250,743,000 320,196,000 69,453,000 

Centrix Bank & Trust Bedford NH Bank 24,500,000 238,789,000 361,226,000 122,437,000 

Northway Financial, Inc. Berlin NH Bank 23,593,000 109,533,000 146,707,000 37,174,000 

First Colebrook Bancorp, Inc. Colebrook NH Bank 8,623,000 61,976,000 71,198,000 9,222,000 New Hampshire Thrift Bancshares, Inc. Newport NH Bank 23,000,000 145,102,000 189,898,000 44,796,000 

Guaranty Bancorp, Inc. Woodsville NH Bank 7,000,000 75,321,000 93,556,000 18,235,000 

Harmony Bank Jackson NJ Bank 3,500,000 15,897,000 46,916,000 31,019,000 

Regal Bank Livingston NJ Bank 7,000,000 25,872,000 49,182,000 23,310,000 Two River Bancorp (Community Partners Bancorp) Middletown NJ Bank 12,000,000 173,978,000 203,775,000 29,797,000 

Stewardship Financial Corporation Midland Park NJ Bank 15,000,000 207,925,000 214,596,000 6,671,000 

Freedom Bank Oradell NJ Bank 4,000,000 32,445,000 61,498,000 29,053,000 Hopewell Valley Community Bank Pennington NJ Bank 11,000,000 92,334,000 122,390,000 30,056,000 

Center Bancorp, Inc. Union NJ Bank 11,250,000 230,584,000 268,455,000 37,871,000 

Highlands Bancorp, Inc. Vernon NJ Bank 6,853,000 33,899,000 74,663,000 40,764,000 

Crest Savings Bancorp, Inc. Wildwood NJ Bank 2,500,000 23,276,000 26,775,000 3,499,000 

Meadows Bank Las Vegas NV Bank 8,500,000 47,672,000 120,029,000 72,357,000 

Alma Bank Astoria NY Bank 19,000,000 91,798,000 319,040,000 227,242,000 

Elmira Savings Bank (The Elmira Savings Bank, FSB) Elmira NY Bank 3,515,000 94,555,000 90,976,000                          

(3,579,000) 

Kinderhook Bank Corp. Kinderhook NY Bank 7,000,000 43,624,000 61,858,000 18,234,000 

Pathfinder Bancorp, Inc. Oswego NY Bank 13,000,000 70,953,000 96,939,000 25,986,000 

Greater Rochester Bancorp, Inc. Rochester NY Bank 7,000,000 58,822,000 107,920,000 49,098,000 

Catskill Hudson Bancorp, Inc. Rock Hill NY Bank 9,681,000 107,200,000 145,313,000 38,113,000 

Seneca‐Cayuga Bancorp, Inc. Seneca Falls NY Bank 5,000,000 23,530,000 41,099,000 17,569,000 

Insight Bank Columbus OH Bank 4,250,000 16,410,000 36,482,000 20,072,000 

Community Independent Bancorp Inc. West Salem OH Bank 2,250,000 12,020,000 17,381,000 5,361,000 

Columbus First Bancorp, Inc Worthington OH Bank 6,150,000 36,629,000 49,616,000 12,987,000 

AmeriBank Holding Company Collinsville OK Bank 5,347,000 33,172,000 50,665,000 17,493,000 

Prime Bank Group Edmond OK Bank 4,456,000 20,960,000 47,176,000 26,216,000 

Central Service Corporation Enid OK Bank 7,000,000 148,029,000 204,651,000 56,622,000 

Regent Capital Corporation Nowata OK Bank 3,350,000 52,719,000 74,763,000 22,044,000 

F & M Bancorporation, Inc. Tulsa OK Bank 38,222,000 290,250,000 679,069,000 388,819,000 

Enterprise Financial Services Group, Inc. Allison Park PA Bank 5,000,000 87,306,000 89,051,000 1,745,000 

Team Capital Bank Bethlehem PA Bank 22,412,000 127,647,000 188,371,000 60,724,000 

CBT Financial Corp. Clearfield PA Bank 10,000,000 64,719,000 102,437,000 37,718,000 

DNB Financial Corporation Downingtown PA Bank 13,000,000 120,810,000 135,867,000 15,057,000 

Monument Bank Doylestown PA Bank 2,970,000 19,715,000 54,568,000 34,853,000 

MileStone Bank Doylestown PA Bank 5,100,000 46,778,000 91,960,000 45,182,000 

Emclaire Financial Corp. Emlenton PA Bank 5,000,000 56,761,000 62,026,000 5,265,000 

First Resource Bank Exton PA Bank 5,083,000 33,001,000 43,227,000 10,226,000 

Centric Financial Corporation Harrisburg PA Bank 7,492,000 51,106,000 93,367,000 42,261,000 

AmeriServ Financial, Inc. Johnstown PA Bank 21,000,000 116,684,000 177,353,000 60,669,000 

Jonestown Bank and Trust Company Jonestown PA Bank 4,000,000 40,820,000 63,287,000 22,467,000 

The Victory Bancorp, Inc. Limerick PA Bank 3,431,000 27,247,000 59,655,000 32,408,000 

Phoenix Bancorp, Inc. Minersville PA Bank 2,625,000 30,752,000 44,177,000 13,425,000 

Penn Liberty Financial Corp. Wayne PA Bank 20,000,000 134,752,000 169,469,000 34,717,000 

Franklin Security Bancorp, Inc. Wilkes‐Barre PA Bank 6,955,000 26,190,000 36,273,000 10,083,000 York Traditions Bank York PA Bank 5,115,000 78,487,000 92,890,000 14,403,000 

Codorus Valley Bancorp, Inc. York PA Bank 25,000,000 168,440,000 236,291,000 67,851,000 

GrandSouth Bancorporation Greenville SC Bank 15,422,000 92,718,000 112,939,000 20,221,000 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

TCB Corporation Greenwood SC Bank 8,640,000 56,579,000 75,035,000 18,456,000 

Carolina Alliance Bank Spartanburg SC Bank 5,000,000 65,737,000 93,302,000 27,565,000 

BHCB Holding Company Rapid City SD Bank 2,000,000 33,830,000 57,071,000 23,241,000 

Merchants and Planters Bancshares, Inc. Bolivar TN Bank 2,000,000 19,097,000 21,539,000 2,442,000 

CapitalMark Bank & Trust Chattanooga TN Bank 18,212,000 134,549,000 254,990,000 120,441,000 

Planters Financial Group, Inc. Clarksville TN Bank 20,000,000 150,359,000 197,140,000 46,781,000 

Southern Heritage Bancshares, Inc. Cleveland TN Bank 5,105,000 58,099,000 65,290,000 7,191,000 

Landmark Community Bank Collierville TN Bank 8,000,000 29,258,000 62,801,000 33,543,000 

Evolve Bancorp, Inc. Cordova TN Bank 4,699,000 19,101,000 57,697,000 38,596,000 

Sequatchie Valley Bancshares, Inc. Dunlap TN Bank 2,500,000 43,802,000 19,392,000                        

(24,410,000) 

Franklin Financial Network, Inc. Franklin TN Bank 10,000,000 18,547,000 57,382,000 38,835,000 

Sumner Bank & Trust GALLATIN TN Bank 4,264,000 27,039,000 23,752,000                          

(3,287,000) 

Carroll Financial Services, Inc. Huntingdon TN Bank 3,000,000 61,317,000 79,838,000 18,521,000 

Moneytree Corporation Lenoir City TN Bank 9,992,000 69,543,000 81,380,000 11,837,000 Magna Bank Memphis TN Bank 18,350,000 52,040,000 78,135,000 26,095,000 

Independent Holdings, Inc. Memphis TN Bank 34,900,000 44,702,000 80,114,000 35,412,000 

InsCorp, Inc. Nashville TN Bank 3,000,000 27,512,000 47,505,000 19,993,000 

Avenue Financial Holdings, Inc. Nashville TN Bank 18,950,000 74,788,000 131,057,000 56,269,000 

SmartFinancial, Inc. Pigeon Forge TN Bank 12,000,000 37,009,000 75,221,000 38,212,000 

Community First Bancshares, Inc. Union City TN Bank 30,852,000 302,286,000 354,092,000 51,806,000 

Liberty Capital Bancshares, Inc. Addison TX Bank 1,500,000 16,656,000 44,901,000 28,245,000 

Happy Bancshares, Inc. Amarillo TX Bank 31,929,000 436,374,000 582,336,000 145,962,000 

Frontier Bancshares, Inc. Austin TX Bank 6,184,000 64,967,000 164,172,000 99,205,000 Southwestern Bancorp, Inc. Boerne TX Bank 1,500,000 22,454,000 28,887,000 6,433,000 

BMC Bancshares, Inc. Dallas TX Bank 1,206,000 8,021,000 13,620,000 5,599,000 Veritex Holdings, Inc. Dallas TX Bank 8,000,000 100,919,000 216,082,000 115,163,000 

Sovereign Bancshares, Inc. Dallas TX Bank 24,500,000 183,263,000 247,200,000 63,937,000 

Hilltop Holdings, Inc. (PlainsCapital Corporation) Dallas TX Bank 114,068,000 1,268,723,000 1,276,379,000 7,656,000 

Pioneer Bank, SSB Drippings Springs TX Bank 3,004,000 26,496,000 63,531,000 37,035,000 

First Texas BHC, Inc. Fort Worth TX Bank 29,822,000 137,852,000 224,614,000 86,762,000 

BOH Holdings, Inc. Houston TX Bank 23,938,350 204,550,000 298,114,000 93,564,000 

Third Coast Bancshares, Inc. (Third Coast Bank SSB) Humble TX Bank 8,673,000 57,861,000 146,386,000 88,525,000 

Joaquin Bankshares Inc. Huntington TX Bank 3,908,000 40,722,000 50,584,000 9,862,000 AIM Bancshares, Inc. Levelland TX Bank 9,100,000 75,752,000 189,786,000 114,034,000 McLaughlin Bancshares, Inc. Ralls TX Bank 6,600,000 47,152,000 78,775,000 31,623,000 

FB BanCorp San Antonio TX Bank 12,000,000 39,335,000 102,181,000 62,846,000 

The ANB Corporation Terrell TX Bank 37,000,000 402,694,000 501,589,000 98,895,000 

Steele Holdings, Inc. Tyler TX Bank 8,282,000 31,142,000 53,662,000 22,520,000 

Cache Valley Banking Company Logan UT Bank 11,670,000 183,070,000 217,545,000 34,475,000 

LCA Bank Corporation Park City UT Bank 2,727,000 14,000 4,022,000 4,008,000 

Medallion Bank Salt Lake City UT Bank 26,303,000 229,336,000 398,749,000 169,413,000 

Virginia Heritage Bank Fairfax VA Bank 15,300,000 85,644,000 151,259,000 65,615,000 

Blue Ridge Bankshares, Inc. Luray VA Bank 4,500,000 18,920,000 23,492,000 4,572,000 

Heritage Bankshares, Inc. Norfolk VA Bank 7,800,000 68,967,000 77,370,000 8,403,000 TowneBank Portsmouth VA Bank 76,458,000 814,570,000 985,718,000 171,148,000 

WashingtonFirst Bankshares, Inc. Reston VA Bank 17,796,000 199,484,000 271,218,000 71,734,000 

Xenith Bankshares, Inc. Richmond VA Bank 8,381,000 82,147,000 192,769,000 110,622,000 Citizens Community Bank South Hill VA Bank 4,000,000 38,520,000 43,789,000 5,269,000 

United Financial Banking Companies, Inc. Vienna VA Bank 3,000,000 76,307,000 87,914,000 11,607,000 

Puget Sound Bank Bellevue WA Bank 9,886,000 105,417,000 137,471,000 32,054,000 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

U&I Financial Corp Lynnwood WA Bank 5,500,000 39,884,000 58,325,000 18,441,000 

W.T.B. Financial Corporation Spokane WA Bank 44,571,000 878,103,000 1,012,029,000 133,926,000 

Deerfield Financial Corporation Deerfield WI Bank 3,650,000 22,665,000 27,537,000 4,872,000 Nicolet Bankshares, Inc. Green Bay WI Bank 24,400,000 371,324,000 415,284,000 43,960,000 

Sword Financial Corporation Horicon WI Bank 17,000,000 194,468,000 244,589,000 50,121,000 

First American Investment, Inc. Hudson WI Bank 1,705,710 21,408,000 26,847,000 5,439,000 County Bancorp, Inc. Manitowoc WI Bank 15,000,000 379,555,000 456,392,000 76,837,000 

Northern Bankshares, Inc. McFarland WI Bank 22,000,000 138,447,000 162,671,000 24,224,000 

First Menasha Bancshares, Inc. Neenah WI Bank 10,000,000 65,516,000 95,872,000 30,356,000 

PFSB Bancorporation, Inc. Pigeon Falls WI Bank 1,500,000 25,844,000 32,561,000 6,717,000 First Bank of Charleston Inc. Charleston WV Bank 3,345,000 24,923,000 30,986,000 6,063,000 

MVB Financial Corp. Fairmont WV Bank 8,500,000 53,681,000 141,304,000 87,623,000 Financial Security Corporation Basin WY Bank 5,000,000 67,715,000 87,474,000 19,759,000 

OBDC Small Business Finance Oakland CA CDLF 219,000 2,473,000 5,081,000 2,608,000 California Coastal Rural Development Corporation Salinas CA CDLF 870,000 9,545,000 7,728,000                          

(1,817,000) 

Low Income Investment Fund San Francisco CA CDLF 7,490,000 26,595,000 58,950,000 32,355,000 

Opportunity Fund Northern California San Jose CA CDLF 2,236,000 5,935,000 17,167,000 11,232,000 

Valley Economic Development Center, Inc. Van Nuys CA CDLF 661,000 9,581,000 30,102,000 20,521,000 Rural Community Assistance Corporation West Sacramento CA CDLF 4,300,000 6,104,000 10,613,000 4,509,000 Colorado Enterprise Fund, Inc. Denver CO CDLF 463,000 5,721,000 8,581,000 2,860,000 

Greater New Haven Community Loan Fund New Haven CT CDLF 525,000 758,000 1,299,000 541,000 

Partners for the Common Good, Inc. Washington DC CDLF 1,009,000 4,888,000 5,969,000 1,081,000 

Building Hope... A Charter School Facilities Fund Washington DC CDLF 2,091,000 23,190,000 39,965,000 16,775,000 

Access to Capital for Entrepreneurs, Inc. (Appalachian Community EnterpCleveland GA CDLF 188,000 2,773,000 8,080,000 5,307,000 

IFF Chicago IL CDLF 8,294,000 108,261,000 145,275,000 37,014,000 

Federation of Appalachian Housing Enterprises, Inc. Berea KY CDLF 2,063,000 4,137,000 8,484,000 4,347,000 

Community Ventures Corporation Lexington KY CDLF 1,045,000 3,451,000 9,942,000 6,491,000 

Capital Link, Inc. Boston MA CDLF 198,000 1,420,000 4,743,000 3,323,000 

Common Capital, Inc. (The Western Massachusetts Enterprise Fund, Inc.Holyoke MA CDLF 200,000 3,526,000 4,094,000 568,000 

Boston Community Loan Fund, Inc. Roxbury MA CDLF 4,410,000 11,378,000 16,157,000 4,779,000 

Enterprise Community Loan Fund, Inc. Columbia MD CDLF 8,817,000 8,849,000 15,186,000 6,337,000 

Coastal Enterprises, Inc. Wiscasset ME CDLF 2,316,000 17,640,000 22,332,000 4,692,000 

Midwest Minnesota Community Development Corporation Detroit Lakes MN CDLF 4,600,000 29,638,000 54,007,000 24,369,000 

Nonprofits Assistance Fund Minneapolis MN CDLF 686,000 6,979,000 10,860,000 3,881,000 Community Reinvestment Fund, Inc. Minneapolis MN CDLF 5,100,000 60,645,000 45,755,000                        

(14,890,000) 

Montana Community Development Corporation Missoula MT CDLF 585,000 8,737,000 14,504,000 5,767,000 

Mountain BizCapital, Inc. Asheville NC CDLF 197,000 1,791,000 3,358,000 1,567,000 

Nebraska Enterprise Fund Oakland NE CDLF 197,000 1,454,000 4,167,000 2,713,000 La Fuerza Unida Community Development Corporation East Norwich NY CDLF 42,000 86,000 502,000 416,000 

Leviticus 25:23 Alternative Fund, Inc. Elmsford NY CDLF 750,000 2,218,000 4,240,000 2,022,000 

TruFund Financial Services (Seedco Financial Services, Inc.) New York NY CDLF 2,500,000 33,651,000 40,103,000 6,452,000 

Primary Care Development Corporation New York NY CDLF 4,000,000 33,280,000 22,917,000                        

(10,363,000) 

Economic and Community Development Institute, Inc. Columbus OH CDLF 203,000 2,728,000 7,627,000 4,899,000 

Citizen Potawatomi Community Development Corporation Shawnee OK CDLF 490,000 6,505,000 12,213,000 5,708,000 

The Progress Fund Greensburg PA CDLF 1,052,000 12,109,000 19,528,000 7,419,000 Community First Fund Lancaster PA CDLF 862,000 11,002,000 14,321,000 3,319,000 The Reinvestment Fund, Inc. Philadelphia PA CDLF 11,708,000 113,268,000 123,201,000 9,933,000 

Northside Community Development Fund Pittsburgh PA CDLF 250,000 2,190,000 2,644,000 454,000 

Bridgeway Capital, Inc. Pittsburgh PA CDLF 1,820,000 18,674,000 24,636,000 5,962,000 

Charleston Citywide Local Development Corporation Charleston SC CDLF 1,000,000 1,799,000 3,206,000 1,407,000 
Name City State Baseline Level Current Level Increase (Decrease)

over Baseline

Institution

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

Lowcountry Housing Trust, Incorporated North Charleston SC CDLF 392,000 96,000 552,000 456,000 

Rural Electric Economic Development, Inc. Madison SD CDLF 1,230,000 11,116,000 9,126,000                          

(1,990,000) 

South Eastern Development Foundation Sioux Falls SD CDLF 240,000 2,486,000 4,936,000 2,450,000 

Northeast South Dakota Economic Corporation Sisseton SD CDLF 1,000,000 11,758,000 13,010,000 1,252,000 CEN‐TEX Certified Development Corporation Austin TX CDLF 489,000 3,435,000 6,725,000 3,290,000 

PeopleFund Austin TX CDLF 500,000 6,412,000 7,492,000 1,080,000 ECDC Enterprise Development Group Arlington VA CDLF 320,000 1,402,000 2,947,000 1,545,000 

NCB Capital Impact Arlington VA CDLF 8,218,000 95,578,000 125,588,000 30,010,000 

Vermont Community Loan Fund, Inc. Montpelier VT CDLF 1,247,000 12,787,000 16,226,000 3,439,000 

Craft3 (ShoreBank Enterprise Group, Pacific) Ilwaco WA CDLF 1,867,000 24,108,000 46,322,000 22,214,000 

Impact Seven, Incorporated Almena WI CDLF 4,000,000 13,344,000 23,260,000 9,916,000 

Forward Community Investments, Inc. Madison WI CDLF 470,000 3,964,000 5,822,000 1,858,000 

Wisconsin Women's Business Initiative Corporation Milwaukee WI CDLF 391,000 4,562,000 8,568,000 4,006,000 
24

APPENDIX E: INSTITUTION‐SPECIFIC REPORTING ON BUSINESS LENDING BY SBLF BANKS
Community Banks Participating in SBLF

Report on Information from 09/30/2013 Call Reports transmitted with Januray 2014 Report

Name City State Commercial & Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultural

Production

Secured by

Farmland

Commercial

& Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultur

Productio

Southern National Corporation Andalusia AL Southeast 418,945 42,858 46,952 5,776 59,822 155,408 39,399 49,328 13,2

Southern States Bancshares, Inc. Anniston AL Southeast 260,917 18,236               ‐ 18,732 943 37,910 34,927 46,124 1,6

ServisFirst Bancshares, Inc. Birmingham AL Southeast 3,395,974 440,705 209,801 25,580 22,243 698,328 1,178,257 667,401 49,1

BancIndependent, Incorporated Sheffield AL Southeast 1,089,104 126,083 110,777 6,105 15,249 258,213 170,849 144,325 2,6

First Partners Bank (SouthCity Bank) Vestavia Hills AL Southeast 169,822 34,442                  ‐ 6,394                     ‐ 40,837 43,025                  

8,284                     

First Service Bancshares, Inc. Greenbrier AR Southeast 211,986 20,458 31,269 6,055 16,417 74,199 15,169 23,955 5,5

Rock Bancshares, Inc. Little Rock AR Southeast 193,664 49,812                  ‐ 7,116 1,804 58,732 94,874                  

3,515 

Western Alliance Bancorporation Phoenix AZ Southwest 8,713,287 550,987 1,063,943 186 4,343 1,619,459 1,249,365 1,544,512 1,7

Seacoast Commerce Bank Chula Vista CA West 274,854 12,916               ‐ 42,691 456 56,063 2,036             

221,521 

First Northern Community Bancorp Dixon CA West 876,020 88,431 116,575 30,680 22,480 258,166 94,486 117,349 26,0Community Valley Bank El Centro CA West 112,298 11,352                  ‐ 2,293                     ‐ 13,645 9,866 20,554 2

Redwood Capital Bancorp Eureka CA West 251,012 16,119 28,172 120 2,899 47,311 12,567 44,517 

Central Valley Community Bancorp Fresno CA West 1,091,189 82,216 110,907 18,420 41,356 252,898 86,682 155,171 43,6Banc of California, Inc. Irvine CA West 3,715,509 553                  ‐ 8,525                     ‐ 9,077 255,675             

129,305 

Silvergate Capital Corporation La Jolla CA West 616,437 3,408                  ‐ 6,233                     ‐ 9,641 4,382               

10,777                     

California Bank of Commerce Lafayette CA West 375,499 60,775 13,291 390 1,632 76,087 138,880 49,739 8

1st Enterprise Bank Los Angeles CA West 731,337 52,170               ‐ 35,416                     ‐ 87,586 157,308             

112,529                     

GBC Holdings, Inc. Los Angeles CA West 466,859 48,872               ‐ 64,652 468 113,992 91,536 97,760                    

ProAmerica (Promerica Bank) Los Angeles CA West 147,562 18,665               ‐ 28,650                     ‐ 47,315 17,625               

43,337                     

Partners Bank of California Mission Viejo CA West 127,123 40,849               ‐ 13,880                     ‐ 54,729 39,322               

19,868                     

Bank of Commerce Holdings Redding CA West 928,131 133,779 72,044 1,173 7,805 214,800 162,763 80,101 7

Security California Bancorp Riverside CA West 536,624 112,334               ‐ 67,475                     ‐ 179,809 92,528 119,399 1,2

Pacific Coast Bankers' Bancshares San Francisco CA West 567,355 10,701               ‐ 35,168                     ‐ 45,869 14,516               

16,873                     

Capital Bank San Juan Capistrano CA West 173,590 13,838 11,346 98 295 25,575 15,300               

57,287 

Founders Bancorp San Luis Obispo CA West 156,925 24,400               ‐ 11,516 2,218 38,133 25,631               

30,446 

The Bank of Santa Barbara Santa Barbara CA West 155,405 11,319                  ‐ 9,943 1,514 22,776 36,272               

18,680                     

Summit State Bank Santa Rosa CA West 459,272 40,612 33,151 2,405 24,934 101,101 36,000 57,306 5,3

FNB Bancorp South San Francisco CA West 926,346 67,974 69,468 0 5,118 142,560 47,197               

90,705 

Columbine Capital Corp. Buena Vista CO Southwest 331,635 22,300 16,986 221 893 40,399 37,831 42,186 1

CoBiz Financial Inc. Denver CO Southwest 2,772,228 464,781 390,528 5,703 2,295 863,306 591,933             

411,088 

Steele Street Bank Corporation Denver CO Southwest 489,525 34,832               ‐ 32,612                     ‐ 67,443 51,006               

61,236                     

Verus Acquisition Group, Inc. Fort Collins CO Southwest 268,343 14,365 45,134 88 7,204 66,792 22,050               

56,257 

Morgan Capital Corporation Fort Morgan CO Southwest 147,796 13,330 6,289 4,169 3,950 27,738 14,660 8,437 3,5

CIC Bancshares, Inc. Greenwood Village CO Southwest 440,829 1,433                       ‐ 21                     ‐ 1,454 62,796               

62,211 

Salisbury Bancorp, Inc. Lakeville CT Northeast 585,256 23,290 49,853 402 5,666 79,211 34,132 70,271 9

BNC Financial Group, Inc. New Canaan CT Northeast 680,318 3,378               ‐ 24,882                     ‐ 28,259 71,061               

83,283                     

SBT Bancorp, Inc. Simsbury CT Northeast 406,989 14,128               ‐ 21,168                     ‐ 35,295 15,696               

40,966                     

Community Bank Delaware Lewes DE Mid‐Atlantic 142,756 6,962 20,018 574 1,175 28,729 4,768 31,175 1

Platinum Bank Brandon FL Southeast 450,042 57,110 95,349 222 10,816 163,496 82,460 101,528 1

Marquis Bank Coral Gables FL Southeast 199,231 1,427                  ‐ 9,846                     ‐ 11,273 16,548               

24,659                     

First Green Bank Eustis FL Southeast 253,467 6,491               ‐ 23,716 133 30,339 18,011               

64,698 

Broward Financial Holdings, Inc. Fort Lauderdale FL Southeast 156,019               ‐ 14,234                     ‐                     ‐ 14,234 19,740               

36,939                     

FineMark Holdings, Inc. Fort Myers FL Southeast 674,823 12,141 15,375                     ‐ 112 27,628 40,379               

32,606                     

Bank of Central Florida Lakeland FL Southeast 319,594 29,147               ‐ 27,541                     ‐ 56,688 56,424 56,362 5

Community Southern Bank Lakeland FL Southeast 220,452 13,773 15,059 813 115 29,759 30,595 25,651 

CBOS Bankshares, Inc. Merritt Island FL Southeast 136,379 5,742               ‐ 40,542                     ‐ 46,283 4,159               

27,408                     

Ovation Holdings, Inc. Naples FL Southeast 328,917 1,684                  ‐ 8,013                     ‐ 9,698 7,830               

46,935 

Florida Community Bankshares, Inc. Ocala FL Southeast 606,751 29,777 56,970 8,266 68,740 163,752 18,413 43,614 4,6

Jefferson Bank of Florida Oldsmar FL Southeast 184,819 9,021                  ‐ 4,870                     ‐ 13,891 20,436               

16,770                     

Florida Shores Bancorp, Inc. Pompano Beach FL Southeast 557,035 35,523               ‐ 38,461                     ‐ 73,983 48,460               

99,291 

Gulfstream Bancshares, Inc. Stuart FL Southeast 561,940 123,553             ‐ 159,465                     ‐ 283,018 95,049             

138,583                     

Florida Business BancGroup, Inc. Tampa FL Southeast 488,606 41,885               ‐ 46,924                     ‐ 88,809 59,254               

94,399 

Institution

Region Total Assets

Baseline Lending

Baseline Business

Lending

Q3 2013
Name City State Commercial & Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultural

Production

Secured by

Farmland

Commercial

& Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultur

Productio

Institution

Region Total Assets

Baseline Lending

Baseline Business

Lending

Q3 2013

HomeBancorp, Inc. Tampa FL Southeast 653,303 3,043               ‐ 10,343                     ‐ 13,385 5,227               

19,064                     

Resurgens Bancorp Atlanta GA Southeast 89,867 8,251                  ‐ 4,870 1,965 15,086 11,592               

13,006 

The Peoples Bank of Talbotton Talbotton GA Southeast 40,505 647                  ‐ 3,191 2,106 5,943 2,710 2,687 1

Lowndes Bancshares, Inc. Valdosta GA Southeast 221,015 10,135               ‐ 38,874                     ‐ 49,009 11,519 28,768 4,3

Heartland Financial USA, Inc. Dubuque IA Midwest 4,991,185 453,188 485,865 80,290 194,060 1,213,402 756,886 509,733 153,3

Liberty Financial Services, Inc. Sioux City IA Midwest 281,404 36,186 17,912 4,466 5,574 64,138 45,099 28,782 5,5

Commercial Financial Corp Storm Lake IA Midwest 506,327 128,275 39,538 38,076 22,656 228,545 130,771 50,582 67,4

D. L. Evans Bancorp Burley ID West 976,442 69,464 158,111 107,881 60,654 396,108 94,366 160,321 88,1

Heartland Bancorp, Inc. Bloomington IL Midwest 2,772,967 189,580 219,980 36,243 38,855 484,658 242,860 329,956 53,4

Southern Illinois Bancorp, Inc. Carmi IL Midwest 377,772 37,465 17,420 18,888 21,392 95,164 54,215 43,862 26,9

First Busey Corporation Champaign IL Midwest 3,462,800 313,814 356,714 38,356 57,626 766,509 356,864 380,909 43,3

United Community Bancorp, Inc. Chatham IL Midwest 1,273,430 98,783 95,660 47,661 74,408 316,511 124,953 86,440 55,8

Illinois State Bancorp, Inc. Chicago IL Midwest 388,359 21,057               ‐ 38,971 160 60,188 19,500               

59,441 

Signature Bancorporation, Inc. Chicago IL Midwest 418,487 88,196               ‐ 37,019                     ‐ 125,214 183,067               

61,987                     

Prime Banc Corp. Dieterich IL Midwest 528,266 21,310 6,268 9,480 22,344 59,401 31,519 60,022 10,4

First Eldorado Bancshares, Inc. Eldorado IL Midwest 281,294                  ‐ 7,789 7,887 25,857 41,533 17,130 12,491 8,5

First Community Financial Corporation Elgin IL Midwest 170,073 6,337               ‐ 26,075 582 32,993 9,655               

29,570 

Community First Bancorp, Inc. Fairview Heights IL Midwest 206,968 23,850               ‐ 23,424 7,233 54,507 41,162               

38,711 

Fisher Bancorp, Inc. Fisher IL Midwest 95,743 4,244 6,329 2,457 2,741 15,770 3,270 7,972 4,8

Merchants and Manufacturers Bank Corporation Joliet IL Midwest 184,607 35,038               ‐ 20,722                     ‐ 55,760 60,707               

21,206                     

Tri‐County Financial Group, Inc. Mendota IL Midwest 940,341 23,912 24,883 30,134 35,679 114,608 48,858 49,302 49,7

QCR Holdings, Inc. Moline IL Midwest 2,524,435 367,351 208,531 2,449 9,305 587,636 359,641 236,015 3,2

Bancorp Financial, Inc. Oak Brook IL Midwest 506,834 5,790                  ‐ 9,122                     ‐ 14,912 14,569                  

8,666                     

People First Bancshares, Inc. Pana IL Midwest 383,793 48,975 9,408 48,716 13,254 120,352 72,778 28,513 75,8

First Bankers Trustshares, Inc. Quincy IL Midwest 778,107 34,554 53,147 20,504 20,851 129,056 53,429 85,518 33,5

First Robinson Financial Corporation Robinson IL Midwest 237,326 14,280 7,658 3,957 8,804 34,699 13,664 20,404 2,4

Community Illinois Corporation Rock Falls IL Midwest 253,499 29,250 10,821 16,703 22,134 78,909 29,068 17,967 18,6

Town and Country Financial Corporation Springfield IL Midwest 472,449 34,830 59,359 6,536 5,550 106,274 38,388 94,447 7,5

First Savings Financial Group, Inc. Clarksville IN Midwest 655,599 26,351               ‐ 39,403                     ‐ 65,754 24,112 57,589 2,2

Horizon Bancorp Michigan City IN Midwest 1,781,099 63,712 84,200 3,279 7,424 158,615 95,797 132,842 2,6

First Merchants Corporation Muncie IN Midwest 4,312,283 673,225 515,331 115,882 147,472 1,451,909 652,356 429,319 98,4

MutualFirst Financial, Inc. Muncie IN Midwest 1,404,341 71,501             ‐ 108,819                     ‐ 180,319 65,843 92,612 1,2

AMB Financial Corp. Munster IN Midwest 177,431 7,638               ‐ 14,191                     ‐ 21,829 8,605               

21,647 

Community Bank Shares of Indiana, Inc. New Albany IN Midwest 831,995 87,840 88,791 690 4,709 182,030 94,702 108,916 1,5

Bern Bancshares, Inc. Bern KS Midwest 82,129 4,671 46 14,941 3,145 22,803 2,519 646 18,6

Brotherhood Bancshares, Inc. Kansas City KS Midwest 518,087 42,681               ‐ 28,067 3,673 74,420 29,389               

17,095 

UBT Bancshares, Inc. Marysville KS Midwest 543,078 41,004 27,943 44,044 63,137 176,128 51,476 21,982 64,0

Osborne Investments, Inc. Osborne KS Midwest 55,057 1,549 451 9,025 4,697 15,722 3,149 2,031 10,8

Freedom Bancshares, Inc. Overland Park KS Midwest 149,277 17,081               ‐ 18,667                     ‐ 35,748 28,790               

23,532                     

Equity Bancshares, Inc. Wichita KS Midwest 1,156,337 72,242 44,546 7,028 5,075 128,891 134,556 141,343 16,3

Magnolia Bancshares Inc. Hodgenville KY Midwest 144,150 6,246 10,176 2,066 14,930 33,419 6,345 16,608 4,2

FCB Bancorp, Inc. Louisville KY Midwest 466,273 27,761               ‐ 54,823 56 82,640 17,018               

70,663 

First Guaranty Bancshares, Inc. Hammond LA Southwest 1,422,936 85,481 82,769 17,727 12,111 198,087 139,455 146,615 28,4

MidSouth Bancorp, Inc. Lafayette LA Southwest 1,860,470 185,803 126,929 6,367 3,019 322,119 405,789 213,717 17,5

Ouachita Bancshares Corp. Monroe LA Southwest 664,161 47,682 73,761 14,288 9,163 144,892 65,322 96,740 16,0

Progressive Bancorp, Inc. Monroe LA Southwest 476,220 54,604 42,050 1,671 7,976 106,300 50,541 46,879 11,1

First NBC Bank Holding Company New Orleans LA Southwest 3,156,054 288,580             ‐ 212,783 261 501,625 773,370             

358,862 

Community Trust Financial Corporation Ruston LA Southwest 3,164,261 294,044 150,315 1,480 24,990 470,828 961,446 283,874 1

Provident Bancorp, Inc. Amesbury MA Northeast 616,402 17,487               ‐ 70,118 93 87,697 76,644               

88,472 

Leader Bancorp, Inc. Arlington MA Northeast 631,425 7,075               ‐ 24,647                     ‐ 31,722 22,283               

52,734                     

Island Bancorp, Inc. Edgartown MA Northeast 156,960 2,672               ‐ 20,909                     ‐ 23,581 6,261               

29,964                     

New England Bancorp, Inc. Hyannis MA Northeast 208,701 9,707               ‐ 19,019                     ‐ 28,726 31,745               

35,042                     

Hyde Park Bancorp, Inc. Hyde Park MA Northeast 1,210,218 1,142                     ‐ 542                     ‐ 1,684 85,183                  

9,178                     

Rockport National Bancorp, Inc. Rockport MA Northeast 209,033 9,222               ‐ 29,422                     ‐ 38,643 7,113               

37,171                     

StonehamBank, A Co‐operative Bank Stoneham MA Northeast 461,231 22,466               ‐ 24,415                     ‐ 46,880 39,156               

54,200                     

Eagle Bancorp, Inc. Bethesda MD Mid‐Atlantic 3,489,552 325,046             ‐ 122,093                     ‐ 447,140 740,052             

310,746 

Monument Bank Bethesda MD Mid‐Atlantic 411,895 20,990               ‐ 12,522 576 34,088 26,065               

29,120 

Howard Bancorp, Inc. Ellicott City MD Mid‐Atlantic 466,612 91,705               ‐ 41,681 794 134,180 101,362               

89,008 
Name City State Commercial & Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultural

Production

Secured by

Farmland

Commercial

& Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultur

Productio

Institution

Region Total Assets

Baseline Lending

Baseline Business

Lending

Q3 2013

Tri‐County Financial Corporation Waldorf MD Mid‐Atlantic 991,352 121,233             ‐ 137,607                     ‐ 258,840 107,582             

192,575                     

Katahdin Bankshares Corp. Houlton ME Northeast 615,731 95,319 50,102 3,312 2,706 151,438 119,723 63,001 6,7

Birmingham Bloomfield Bancshares, Inc. Birmingham MI Midwest 182,077 15,987               ‐ 17,807                     ‐ 33,793 27,383               

29,171                     

Level One Bancorp, Inc. Farmington Hills MI Midwest 595,978 39,110               ‐ 24,606                     ‐ 63,716 132,891               

81,033                     

Huron Valley State Bank Milford MI Midwest 86,756 5,648               ‐ 16,506 191 22,345 10,433               

25,689 

Valley Financial Group, Ltd. Saginaw MI Midwest 185,161 38,248               ‐ 36,190 90 74,528 54,682               

40,879 

Crestmark Bancorp, Inc. Troy MI Midwest 472,842 153,006                  ‐ 1,470                     ‐ 154,475             ‐ 374,984                     

                    

MidWest Bancorporation, Inc. Eden Prairie MN Midwest 214,509 35,697               ‐ 18,909                     ‐ 54,606 19,655 11,137 25,8

Financial Services of Winger, Inc. Fosston MN Midwest 142,200 19,628 7,190 25,894 21,040 73,751 20,521 11,950 37,9

Kerkhoven Bancshares, Inc Kerkhoven MN Midwest 65,866 4,668 9,381 3,475 7,114 24,637 10,189 18,466 3,7

Platinum Bancorp, Inc. Oakdale MN Midwest 136,064 19,145               ‐ 27,015 573 46,733 30,741               

28,565 

Redwood Financial, Inc. Redwood Falls MN Midwest 218,315 24,855               ‐ 31,378                     ‐ 56,233 20,498 20,632 22,1

McLeod Bancshares, Inc. Shorewood MN Midwest 415,994 23,330 3,763 5,618 2,780 35,490 13,073 27,792 5,3

Heritage Bancshares Group, Inc. Willmar MN Midwest 401,454 59,801 32,540 48,486 28,555 169,382 65,125 17,323 62,6

Fortune Financial Corporation Arnold MO Midwest 141,440 24,461               ‐ 23,534 370 48,366 21,281               

25,222                     

Security State Bancshares, Inc. Charleston MO Midwest 642,803 56,094 57,781 30,314 49,925 194,113 54,527 57,826 50,7

Triad Bancorp, Inc. Frontenac MO Midwest 221,372 15,530               ‐ 16,895 820 33,245 28,023               

37,145 

Liberty Bancorp, Inc. Liberty MO Midwest 455,528 23,445               ‐ 53,499                     ‐ 76,944 51,549 68,247 3Southern Missouri Bancorp, Inc. Poplar Bluff MO Midwest 823,714 52,833 42,934 28,817 26,753 151,336 77,140 87,031 58,3

Great Southern Bancorp, Inc. Springfield MO Midwest 3,601,009 138,613 136,926 4,079 21,896 301,514 216,469 141,457 2,0

Cardinal Bancorp II, Inc. Washington MO Midwest 296,606 34,752 29,431 190 5,482 69,855 38,925 35,036 4BankFirst Capital Corporation Macon MS Southeast 718,968 58,754 75,633 9,765 42,941 187,093 77,417 79,542 9,5

Bancorp of Montana Holding Company Missoula MT West 49,472 1,208                  ‐ 1,994 444 3,646 7,835                  

4,129 

Premara Financial, Inc. Charlotte NC Southeast 235,572 15,263               ‐ 23,523                     ‐ 38,786 24,806               

41,233 

Select Bancorp, Inc. Greenville NC Southeast 275,709 18,588                  ‐ 9,146 1,726 29,459 18,811               

29,771 

Union Bank & Trust Company Oxford NC Southeast 226,686 19,991 15,549 10 3,112 38,662 23,660 18,517 1,7

Providence Bank Rocky Mount NC Southeast 213,425 14,547 12,644 780 826 28,797 17,139 20,912 8

First Bancorp Troy NC Southeast 3,171,848 140,198 279,520 7,734 36,485 463,938 134,604 383,630 9,7Live Oak Bancshares, Inc. Wilmington NC Southeast 426,905 27,794               ‐ 73,668                     ‐ 101,462 112,789             

118,846                     

Western State Agency, Inc. Devils Lake ND Midwest 646,359 97,220 32,153 14,569 6,955 150,896 205,253 24,015 16,8

Alerus Financial Corporation Grand Forks ND Midwest 1,283,776 180,756 65,037 33,489 10,852 290,134 303,672 130,733 36,9

The State Bank of Bartley Bartley NE Midwest 83,664 13,050 4,465 8,672 2,035 28,221 13,628 5,647 11,7

Banner County Ban Corporation Harrisburg NE Midwest 110,184 8,633 2,981 30,815 15,368 57,797 9,859 8,051 32,8

First State Holding Co. (Wilber Co.) Lincoln NE Midwest 397,677 40,835 24,786 25,570 36,985 128,176 50,395 35,406 43,9

Adbanc Inc. Ogallala NE Midwest 599,326 69,479 59,439 77,060 51,676 257,654 73,359 64,073 115,1

Centrix Bank & Trust Bedford NH Northeast 909,137 105,188             ‐ 145,314                     ‐ 250,502 167,061             

217,676                     

Northway Financial, Inc. Berlin NH Northeast 898,215 44,870               ‐ 67,422                     ‐ 112,292 87,404               

66,390                     

First Colebrook Bancorp, Inc. Colebrook NH Northeast 261,559 25,654 42,281 569 82 68,585 34,259 42,888 6

New Hampshire Thrift Bancshares, Inc. Newport NH Northeast 1,239,327 57,064               ‐ 80,606                     ‐ 137,670 59,844 150,602 

Guaranty Bancorp, Inc. Woodsville NH Northeast 391,719 37,136 48,710 454 1,988 88,288 35,399 61,139 4

Harmony Bank Jackson Township NJ Mid‐Atlantic 199,050 929                  ‐ 9,059 1,000 10,988 4,785               

40,504 

Regal Bank Livingston NJ Mid‐Atlantic 312,828 1,682               ‐ 24,190                     ‐ 25,872 3,837               

45,345                     

Community Partners Bancorp Middletown NJ Mid‐Atlantic 757,112 48,487             ‐ 135,572 204 184,262 46,533             

164,278 

Stewardship Financial Corporation Midland Park NJ Mid‐Atlantic 687,622 48,805             ‐ 156,337 1,053 206,195 25,850             

168,561 

Freedom Bank Oradell NJ Mid‐Atlantic 202,661 14,905               ‐ 17,540                     ‐ 32,445 18,632               

41,470                     

Hopewell Valley Community Bank Pennington NJ Mid‐Atlantic 449,043 9,885               ‐ 76,725 876 87,485 17,515             

111,065 

Center Bancorp, Inc. Union NJ Mid‐Atlantic 1,643,673 106,353             ‐ 113,588                     ‐ 219,941 181,433               

94,115                     

Highlands Bancorp, Inc. Vernon NJ Mid‐Atlantic 209,093 16,612               ‐ 17,780 777 35,168 25,172               

48,470 

Crest Savings Bancorp, Inc. Wildwood NJ Mid‐Atlantic 423,416 3,201               ‐ 17,693                     ‐ 20,894 5,107               

21,668                     

Meadows Bank Las Vegas NV West 323,221 29,330               ‐ 21,164                     ‐ 50,495 100,634               

40,829                     

Alma Bank Astoria NY Mid‐Atlantic 963,326 66,760               ‐ 25,038                     ‐ 91,798 177,340             

178,411                     

The Elmira Savings Bank, FSB Elmira NY Mid‐Atlantic 519,807 36,668               ‐ 58,685                     ‐ 95,353 25,254               

67,012                     

Kinderhook Bank Corp. Kinderhook NY Mid‐Atlantic 335,049 18,911 19,028 58 2,330 40,328 25,504 41,669 1

Pathfinder Bancorp, Inc. Oswego NY Mid‐Atlantic 553,178 25,983               ‐ 48,698 786 75,467 35,145               

64,244 

Greater Rochester Bancorp, Inc. Rochester NY Mid‐Atlantic 378,311 43,466               ‐ 17,134 1,736 62,336 86,897               

39,538 

Catskill Hudson Bancorp, Inc. Rock Hill NY Mid‐Atlantic 425,547 42,715 54,456 277 1,075 98,522 50,111 95,298 4

Seneca‐Cayuga Bancorp, Inc. Seneca Falls NY Mid‐Atlantic 268,132 6,963                  ‐ 9,127                     ‐ 16,090 21,612 14,644 3,2

Insight Bank Columbus OH Midwest 200,233 3,205               ‐ 10,876                     ‐ 14,080 11,752               

24,730                     
Name City State Commercial & Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultural

Production

Secured by

Farmland

Commercial

& Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultur

Productio

Institution

Region Total Assets

Baseline Lending

Baseline Business

Lending

Q3 2013

Community Independent Bancorp Inc. West Salem OH Midwest 93,773 2,587 5,795 133 3,505 12,020 2,764 9,811 4

Columbus First Bancorp, Inc Worthington OH Midwest 252,813 19,279               ‐ 15,132                     ‐ 34,411 26,620               

24,470 

AmeriBank Holding Company Collinsville OK Southwest 159,057 19,843 9,416 1,590 2,324 33,172 31,184 14,128 3,2

Prime Bank Group Edmond OK Southwest 193,538 7,722 10,116 53 1,742 19,632 27,204 25,440 

Central Service Corporation Enid OK Southwest 578,700 43,994 23,240 43,232 38,675 149,140 86,310 30,442 55,5

Regent Capital Corporation Nowata OK Southwest 187,869 24,582 17,779 3,616 9,416 55,394 38,358 30,045 3,1

F & M Bancorporation, Inc. Tulsa OK Southwest 2,467,937 382,607 142,344 17 955 525,922 1,085,140 178,362 

Enterprise Financial Services Group, Inc. Allison Park PA Mid‐Atlantic 266,688 37,394               ‐ 75,423 424 113,241 42,109               

92,178 

Team Capital Bank Bethlehem PA Mid‐Atlantic 949,224 58,221               ‐ 58,748                     ‐ 116,969 71,462             

119,424 

CBT Financial Corp. Clearfield PA Mid‐Atlantic 424,821 34,922 32,578 1,037 6,580 75,117 49,022 28,747 5,0

DNB Financial Corporation Downingtown PA Mid‐Atlantic 650,516 38,960               ‐ 73,668 10,878 123,505 57,831               

92,636 

MileStone Bank Doylestown PA Mid‐Atlantic 197,670 17,161               ‐ 29,937                     ‐ 47,098 50,219               

48,291 

Monument Bank Doylestown PA Mid‐Atlantic 242,672 1,478               ‐ 17,409 828 19,715 1,241               

52,563 

Emclaire Financial Corp. Emlenton PA Mid‐Atlantic 524,967 33,244               ‐ 25,924                     ‐ 59,168 39,282 26,718 

First Resource Bank Exton PA Mid‐Atlantic 161,343 11,395               ‐ 19,652 1,119 32,165 12,297               

29,610 

Centric Financial Corporation Harrisburg PA Mid‐Atlantic 305,915 16,476 31,487 193 1,397 49,553 34,942 58,006 5

AmeriServ Financial, Inc. Johnstown PA Mid‐Atlantic 1,010,440 92,509               ‐ 62,972 178 155,659 115,818             

101,579 

Jonestown Bank and Trust Company Jonestown PA Mid‐Atlantic 418,893 6,880 29,539 11 4,390 40,820 14,406 41,195 2

The Victory Bancorp, Inc. Limerick PA Mid‐Atlantic 141,249 13,913                  ‐ 8,245 1,757 23,916 29,997               

28,467 

Phoenix Bancorp, Inc. Minersville PA Mid‐Atlantic 136,160 5,262                  ‐ 4,097                     ‐ 9,359 14,819               

28,930 

Franklin Security Bancorp, Inc. Plains PA Mid‐Atlantic 225,648 18,122                  ‐ 7,022                     ‐ 25,143 24,325               

18,764                     

Penn Liberty Financial Corp. Wayne PA Mid‐Atlantic 560,388 58,496               ‐ 84,723                     ‐ 143,218 81,786             

101,865                     

Codorus Valley Bancorp, Inc. York PA Mid‐Atlantic 1,113,667 46,618 104,503 1,653 24,703 177,476 95,569 130,780 3,4

York Traditions Bank York PA Mid‐Atlantic 285,376 48,533               ‐ 27,986 2,156 78,674 55,903               

43,744 

GrandSouth Bancorporation Greenville SC Southeast 387,539 49,299 43,148 114 3,454 96,015 57,265 43,698 4

TCB Corporation Greenwood SC Southeast 326,593 16,375               ‐ 40,863 1,056 58,294 21,611               

50,747 

Carolina Alliance Bank Spartanburg SC Southeast 244,421 29,943               ‐ 34,965 830 65,737 30,715               

60,836 

BHCB Holding Company Rapid City SD Midwest 137,552 11,260 16,312 1,696 1,627 30,895 21,560 33,518 1

Merchants and Planters Bancshares, Inc. Bolivar TN Southeast 89,683 5,479 10,527 361 2,730 19,097 6,234 11,810 4

CapitalMark Bank & Trust Chattanooga TN Southeast 798,447 88,680               ‐ 45,869                     ‐ 134,549 144,828             

117,339 

Planters Financial Group, Inc. Clarksville TN Southeast 775,826 59,970 67,388 12,733 34,238 174,327 68,774 113,204 19,1

Southern Heritage Bancshares, Inc. Cleveland TN Southeast 235,963 26,826 30,355 33 1,077 58,290 20,094               

43,932                     

Landmark Community Bank Collierville TN Southeast 576,823 17,728 11,183 94 263 29,268 37,440               

24,688                     

Evolve Bancorp, Inc. Cordova TN Southeast 272,826 8,239 5,161 2,211 3,490 19,101 16,148 43,443 4,5

Sequatchie Valley Bancshares, Inc. Dunlap TN Southeast 594,955 2,685 34,739 770 6,525 44,719 1,659 8,189 2

Franklin Financial Network, Inc. Franklin TN Southeast 659,540 10,261 9,123 823 149 20,356 30,338 23,453 4,1

Sumner Bank & Trust Gallatin TN Southeast 179,080 12,075 15,701 43 694 28,512 6,942 17,282 

Carroll Financial Services, Inc. Huntingdon TN Southeast 253,162 7,921 34,549 4,141 14,441 61,052 13,368 43,102 8,4

Moneytree Corporation Lenoir City TN Southeast 394,425 35,050 32,806 61 1,627 69,543 20,642               

58,263 

Independent Holdings, Inc. Memphis TN Southeast 772,416 39,655               ‐ 11,109 1,474 52,238 64,063               

59,413 

Magna Bank Memphis TN Southeast 504,388 24,492               ‐ 17,032                     ‐ 41,524 75,264 23,451                     

4

Avenue Financial Holdings, Inc. Nashville TN Southeast 840,653 92,450               ‐ 29,501                     ‐ 121,950 149,268               

49,609 

InsCorp, Inc. Nashville TN Southeast 207,256 11,667                  ‐ 8,603 765 21,034 24,281               

22,453 

SmartFinancial, Inc. Pigeon Forge TN Southeast 488,086 21,736               ‐ 14,293 1,139 37,167 36,668               

44,441 

Community First Bancshares, Inc. Union City TN Southeast 1,872,356 102,278 165,597 16,329 35,772 319,976 141,344 198,104 18,0

Liberty Capital Bancshares, Inc. Addison TX Southwest 111,322 9,008                  ‐ 5,927 1,722 16,657 31,246               

13,755                     

Happy Bancshares, Inc. Amarillo TX Southwest 2,246,523 201,680 93,384 130,663 51,686 477,414 330,704 132,736 301,2

Frontier Bancshares, Inc. Austin TX Southwest 404,173 25,056 29,742 851 6,814 62,462 64,852 103,606 3

Southwestern Bancorp, Inc. Boerne TX Southwest 108,981 5,487 12,617 2,545 1,837 22,486 9,813 15,956 2,2

BMC Bancshares, Inc. Dallas TX Southwest 63,253 765 2,514 825 223 4,326 1,246 15,192                    

PlainsCapital Corporation Dallas TX Southwest 8,574,880 1,018,142 363,288 60,432 61,652 1,503,514 1,049,549 697,147 46,1

Sovereign Bancshares, Inc. Dallas TX Southwest 1,083,289 196,282               ‐ 22,060 918 219,260 277,110               

79,869 

Veritex Holdings, Inc. Dallas TX Southwest 600,083 24,303               ‐ 14,187 1,151 39,641 145,686 72,835 Pioneer Bank, SSB Drippings Springs TX Southwest 251,380 7,439                  ‐ 8,987 1,142 17,568 26,481 26,196 2,4

First Texas BHC, Inc. Fort Worth TX Southwest 1,194,262 85,806 71,371 110 2,229 159,515 207,939 122,249 3

BOH Holdings, Inc. Houston TX Southwest 921,507 127,907               ‐ 69,441                     ‐ 197,348 200,542             

154,470 

Cadence Financal Corporation (Encore Bancshares, Inc.) Houston TX Southwest 6,209,375 390,730 469,509 9,668 19,435 889,341 2,325,166 279,303 1,7

Third Coast Bank SSB Humble TX Southwest 274,540 33,954               ‐ 30,443                     ‐ 64,397 89,750 57,995 2
Name City State Commercial & Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultural

Production

Secured by

Farmland

Commercial

& Industrial

Owner‐

Occupied

Commercial

Real Estate

Agricultur

Productio

Institution

Region Total Assets

Baseline Lending

Baseline Business

Lending

Q3 2013

Joaquin Bankshares Inc. Huntington TX Southwest 126,074 14,762 13,696 1,602 13,014 43,074 29,727 11,756 3,3

AIM Bancshares, Inc. Levelland TX Southwest 434,468 39,299 14,585 13,262 6,874 74,020 117,403 41,087 23,1

McLaughlin Bancshares, Inc. Ralls TX Southwest 240,853 18,912 4,166 29,426 3,706 56,210 34,266 14,069 32,4

FB BanCorp San Antonio TX Southwest 620,877 99,765                  ‐ 2,480                     ‐ 102,244 56,780 2,129               

65,6

The ANB Corporation Terrell TX Southwest 2,311,790 142,877 265,405 6,732 22,473 437,487 116,243 420,428 5,0

Steele Holdings, Inc. Tyler TX Southwest 266,133 14,649 15,060 427 1,007 31,142 31,322 27,707 2

Cache Valley Banking Company Logan UT Southwest 682,623 33,786 39,918 9,516 16,242 99,462 57,947 112,024 20,6

LCA Bank Corporation Park City UT Southwest 79,504                     ‐ 136                     ‐                     ‐ 136                 ‐ 4,022                     

                    

Medallion Bank Salt Lake City UT Southwest 804,690             ‐ 234,859                     ‐                     ‐ 234,859             ‐ 404,249                     

                    

Virginia Heritage Bank Fairfax VA Southeast 835,206 39,167               ‐ 50,228                     ‐ 89,395 45,884             

120,971 

Blue Ridge Bankshares, Inc. Luray VA Southeast 211,242 4,225 15,593 159 2,442 22,419 11,030 13,217 1

Heritage Bankshares, Inc. Norfolk VA Southeast 308,929 29,431               ‐ 36,330                     ‐ 65,761 24,790               

52,585                     

WashingtonFirst Bankshares, Inc. Reston VA Southeast 1,122,900 60,171 13,644 117 3,240 77,172 119,099             

150,425                     

Xenith Bankshares, Inc. Richmond VA Southeast 604,482 14,641               ‐ 19,095 593 34,328 146,503 55,065 

Citizens Community Bank South Hill VA Southeast 160,896 18,419 16,605 251 3,246 38,520 11,423 27,747 1

TowneBank Suffolk VA Southeast 4,570,927 302,054 531,494 675 6,389 840,612 427,690 767,385 2

United Financial Banking Companies, Inc. Vienna VA Southeast 326,888 17,679               ‐ 59,243                     ‐ 76,922 24,964               

63,684                     

Puget Sound Bank Bellevue WA West 324,811 49,945               ‐ 28,866                     ‐ 78,810 95,816               

48,164 

U&I Financial Corp Lynnwood WA West 220,259 8,950               ‐ 34,994                     ‐ 43,943 11,606               

47,517                     

W.T.B. Financial Corporation Spokane WA West 4,422,564 726,366 358,143 80,131 37,049 1,201,688 772,391 467,844 203,7

Deerfield Financial Corporation Deerfield WI Midwest 111,005 15,306 116 4,065 1,820 21,306 10,096 9,477 2,6

Nicolet Bankshares, Inc. Green Bay WI Midwest 1,121,026 129,397 137,477 41 2,935 269,850 227,376 203,715 14,0

Sword Financial Corporation Horicon WI Midwest 540,708 63,172 127,299 10,132 21,004 221,607 69,564 119,794 21,6

First American Investment, Inc. Hudson WI Midwest 94,846 4,014 15,043                     ‐ 163 19,220 7,601 21,182 

County Bancorp, Inc. Manitowoc WI Midwest 745,848 44,238 63,411 118,072 171,649 397,369 46,286 56,784 157,5Northern Bankshares, Inc. McFarland WI Midwest 408,456 26,290 62,897 1,313 15,949 106,449 35,475             

114,255 

First Menasha Bancshares, Inc. Neenah WI Midwest 356,758 51,762 29,044 6 519 81,331 62,102               

51,460 

PFSB Bancorporation, Inc. Pigeon Falls WI Midwest 72,673 3,710 8,995 6,075 11,414 30,194 3,576 8,075 11,7

First Bank of Charleston Charleston WV Southeast 201,319 23,426                  ‐ 1,497                     ‐ 24,923 27,841                  

2,649                     

MVB Financial Corp. Fairmont WV Southeast 837,316 15,650               ‐ 38,312                     ‐ 53,962 54,670               

91,703                     

Financial Security Corporation Basin WY West 307,077 26,934 10,943 18,648 17,218 73,742 32,963 21,140 22,4