Springfield Business Journal_2020-01-24

24 · SBJ.NET WINTER 2020 FINANCIAL A AT 2019 LOOK BACK Neosho & Springfield Locations 4 1 7 . 4 5 1 . 5 2 5 0 ■ b r a n co . co m AREA'S LARGEST SBA LENDERS Rank Name Address Telephone•Website Email SBALoans in SWMO2018 AmountofSBA Loans inSWMO 2018 2017 AverageSBA LoanAmount 2018 Branches Local Total TopLocalExecutive(s),Title(s) HoldingCompany Headquarters Holding Company CEO LocalCharter Since 1 (2) OakStar Bank 1020 E Battlefield Road, Springfield 65807 (417) 877-2020 • OakStarBank.com customerservice@oakstarbank.com 54 $31,192,600 $16,550,800 $577,641 6 16 Randy Johnson, president/CEO; Aaron Jernigan, mortgage president OakStar Bancshares Inc Springfield Randy Johnson 2005 2 (4) Guaranty Bank 2144 E Republic Road, Ste F200, Springfield 65804 (417) 520-4333 • GBankMo.com socialmedia@gbankmo.com 34 $14,590,900 $12,877,500 $429,144 11 17 Shaun Burke, president/CEO; Carter Peters, EVP/CFO Guaranty Federal Bancshares Inc Springfield Shaun Burke 1913 3 (1) Simmons Bank 4625 S National Ave, Springfield 65810 (417) 875-5234 • SimmonsBank.com 29 $8,377,500 $16,897,700 $288,879 17 180 Doug Parker, southwest Missouri community president Simmons First National Corp Pine Bluff, AR George Makris Jr 1994 4 (5) US Bank National Association 417 St Louis St, Springfield 65806 (417) 868-4400 • USBank.com/sba christopher.mcintosh@usbank.com 25 $761,500 $844,400 $30,460 13 3,083 Steve Fox, regional president US Bancorp Minneapolis Andrew Cecere 1911 5 RMI Southwest 1 1600 Arbour Dr, Lebanon 65536 (417) 532-8760 • RMIInc.org annette@rmiinc.org 22 $10,074,000 $10,095,000 $457,909 1 2 Annette Darnell, loan officer Rural Missouri Inc Jefferson City Zola Finch 1960 6 (3) The Bank of Missouri 2 2360 E Sunshine St, Springfield 65804 (417) 881-4600 • BankOfMissouri.com mnitsch@bankofmissouri.com 20 $7,109,300 $14,315,800 $355,465 7 35 Mick Nitsch, community bank president Reliable Community Bancshares Inc Perryville Adrian Breen 2007 As of March 11, 2019. Ranked by the number of U.S. Small Business Administration-guaranteed loans approved to businesses operating in a 28-county area of southwest Missouri during the SBA's fiscal year from Oct. 1, 2017, through Sept. 30, 2018. Loan information is provided by the SBA Springfield office. Lending institutions must operate an office within 50 miles of Springfield. Within this region, there were 300 SBA loans totaling $113 million during the fiscal year. The previous year's rankings are in parentheses. To be considered for future lists, email kboaz@sbj.net. 1 RMI Southwest is a SBA Certified Development Company partnering with lending institutions to provide 504 loans. 2 The Bank of Missouri parent company Reliable Community Bancshares Inc. agreed to acquire Bank of Bolivar with an expected closing date of February 2020. © Copyright 2020 SBJ. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Researched by Matthew Henderson