Rankings & leaderboards·Main Street Lending Program

Main Street Lenders by Participations Sold

The 25 banks that sold the most loan principal into the Federal Reserve's Main Street Lending Program, ranked by the participation the program bought, out of 320 lender-and-state pairs in the Fed's transaction-specific disclosure. City National Bank Of Florida leads all 320 lender-and-state pairs with $1,907,140,089 across 371 loans, followed by Vista Bank ($736,921,479) and Bank Of America, National Association ($697,328,500).

As of 31 January 2021Disclosed 12 April 2021Universe 320 lender-and-state pairs · 1,830 transactions ($16.59B participations / $17.46B loans)Source Federal Reserve CARES Act disclosure

No. 1 City National Bank Of Florida (371 loans): $1,907,140,089
Participations sold by the 25 banks in this table (835 loans): $8,143,259,240
Total participations purchased across all 320 lender-and-state pairs: $16.59B
Total whole-loan principal across 1,830 transactions (95% sold): $17.46B

The 25 banks that used Main Street the most

In all 1,830 transactions the Federal Reserve purchased a 95 percent participation, so the ranking is identical by participation or whole-loan principal.

City National Bank Of Florida ($1,907,140,089) sold more than twice as much into Main Street as any other lender

Federal Reserve participation purchased (95% of each loan across all 1,830 transactions) for the 25 largest of 320 lender-and-state pairs as of 31 January 2021.

No. 1 lender (371 loans)15 or fewer loans16+ loans

1City National Bank Of FloridaFL · 371 loans · 369 borrowers$1,907,140,089
2Vista BankTX · 80 loans · 80 borrowers$736,921,479
3Bank Of America, National AssociationNC · 12 loans · 12 borrowers$697,328,500
Volume vs. ticket size: City National Bank Of Florida (#1, $1,907,140,089) sold 371 loans across 369 borrowers; Bank Of America, National Association (#3, $697,328,500) sold 12 large loans.
4Spirit Of Texas Bank, SSBTX · 26 loans · 26 borrowers$410,751,951
5Commercewest BankCA · 34 loans · 34 borrowers$370,238,750
6B1BankLA · 45 loans · 45 borrowers$311,430,871
7Equity BankKS · 18 loans · 17 borrowers$267,877,448
8Wells Fargo Bank, National AssociationSD · 23 loans · 23 borrowers$265,787,535
9Farmers & Merchants Bank, TheWI · 16 loans · 16 borrowers$259,559,589
10Enterprise Bank & TrustMO · 11 loans · 11 borrowers$243,014,418
11Generations BankAR · 9 loans · 9 borrowers$226,728,900
12East West BankCA · 11 loans · 11 borrowers$221,920,000
13Transpecos Banks, SSBTX · 10 loans · 10 borrowers$219,074,983
14Fifth Third Bank, National AssociationOH · 3 loans · 3 borrowers$211,850,000
15Keybank National AssociationOH · 12 loans · 12 borrowers$207,100,000
16Vast Bank, N.A.OK · 9 loans · 9 borrowers$205,878,925
17FirstBank Puerto RicoPR · 23 loans · 23 borrowers$175,149,896
18TBK Bank, SSBTX · 5 loans · 5 borrowers$168,232,234
19First Choice BankCA · 32 loans · 26 borrowers$163,568,976
20Gulf Capital BankTX · 9 loans · 9 borrowers$155,277,500
21Blue Ridge Bank, National AssociationVA · 13 loans · 13 borrowers$152,511,860
22First State BankNE · 30 loans · 29 borrowers$149,874,649
23Northern Bank & Trust CompanyMA · 6 loans · 5 borrowers$140,731,637
24Zions Bancorporation, National AssociationUT · 20 loans · 20 borrowers$140,456,550
25First Financial Bank, National AssociationTX · 7 loans · 7 borrowers$134,852,500

Source: Federal Reserve Main Street disclosure (mslp-transaction-specific-disclosures-04-12-21.xlsx, 12 April 2021).

1
City National Bank Of Florida
$1,907,140,089Participation purchased · 1st of 320 lender-and-state pairs
State
FL
Loans
371 loans (369 borrowers)
Accounted for 371 of the entire program’s 1,830 transactions and $1,907,140,089 of the $16.59B in participations.
Source: Fed disclosure (12 Apr 2021)
2
Vista Bank
$736,921,479Participation purchased · 2nd of 320 lender-and-state pairs
State
TX
Loans
80 loans (80 borrowers)
Second-largest total of participations purchased, and the highest-ranked TX row; Spirit Of Texas Bank, SSB (TX) is fourth.
Source: Fed disclosure (12 Apr 2021)
3
Bank Of America, National Association
$697,328,500Participation purchased · 3rd of 320 lender-and-state pairs
State
NC
Loans
12 loans (12 borrowers)
Originated the two largest loans in the Fed file ($300,000,000 and $250,000,000 whole-loan principal; see largest Main Street borrowers).
Source: Fed disclosure (12 Apr 2021)

The 25 largest lenders

Sortable by loans sold, borrowers, or participation purchased.

Showing 25 of 320 lender-and-state pairs ($8,143,259,240 of $16.59B)

As of 31 January 2021

Main Street Lenders by Participations Sold
#	Lender	State				Source
1	City National Bank Of Florida	FL	371	369	$1,907,140,089	Fed MSLP file (31 Jan 2021)
2	Vista Bank	TX	80	80	$736,921,479	Fed MSLP file (31 Jan 2021)
3	Bank Of America, National Association	NC	12	12	$697,328,500	Fed MSLP file (31 Jan 2021)
4	Spirit Of Texas Bank, SSB	TX	26	26	$410,751,951	Fed MSLP file (31 Jan 2021)
5	Commercewest Bank	CA	34	34	$370,238,750	Fed MSLP file (31 Jan 2021)
6	B1Bank	LA	45	45	$311,430,871	Fed MSLP file (31 Jan 2021)
7	Equity Bank	KS	18	17	$267,877,448	Fed MSLP file (31 Jan 2021)
8	Wells Fargo Bank, National Association	SD	23	23	$265,787,535	Fed MSLP file (31 Jan 2021)
9	Farmers & Merchants Bank, The	WI	16	16	$259,559,589	Fed MSLP file (31 Jan 2021)
10	Enterprise Bank & Trust	MO	11	11	$243,014,418	Fed MSLP file (31 Jan 2021)
11	Generations Bank	AR	9	9	$226,728,900	Fed MSLP file (31 Jan 2021)
12	East West Bank	CA	11	11	$221,920,000	Fed MSLP file (31 Jan 2021)
13	Transpecos Banks, SSB	TX	10	10	$219,074,983	Fed MSLP file (31 Jan 2021)
14	Fifth Third Bank, National Association	OH	3	3	$211,850,000	Fed MSLP file (31 Jan 2021)
15	Keybank National Association	OH	12	12	$207,100,000	Fed MSLP file (31 Jan 2021)
16	Vast Bank, N.A.	OK	9	9	$205,878,925	Fed MSLP file (31 Jan 2021)
17	FirstBank Puerto Rico	PR	23	23	$175,149,896	Fed MSLP file (31 Jan 2021)
18	TBK Bank, SSB	TX	5	5	$168,232,234	Fed MSLP file (31 Jan 2021)
19	First Choice Bank	CA	32	26	$163,568,976	Fed MSLP file (31 Jan 2021)
20	Gulf Capital Bank	TX	9	9	$155,277,500	Fed MSLP file (31 Jan 2021)
21	Blue Ridge Bank, National Association	VA	13	13	$152,511,860	Fed MSLP file (31 Jan 2021)
22	First State Bank	NE	30	29	$149,874,649	Fed MSLP file (31 Jan 2021)
23	Northern Bank & Trust Company	MA	6	5	$140,731,637	Fed MSLP file (31 Jan 2021)
24	Zions Bancorporation, National Association	UT	20	20	$140,456,550	Fed MSLP file (31 Jan 2021)
25	First Financial Bank, National Association	TX	7	7	$134,852,500	Fed MSLP file (31 Jan 2021)

How this list is built

Method & definitions

Unit ranked: the lender as the Fed named it.
Metric: total principal of the participations the program purchased.
Universe: 320 lender-and-state pairs, $16.59B of participations bought out of $17.46B of whole-loan principal, across 1,830 transactions.
Vintage: Federal Reserve disclosure of 12 April 2021, reporting transactions as of 31 January 2021.

Every Main Street transaction names the lender that originated the loan and then sold a participation to the program. The Fed's disclosure of 12 April 2021 reports the transactions as of 31 January 2021. This list groups the 1,830 transactions by lender name and state, sums the principal amount of the participation the program purchased, and ranks by that sum.

What this measures, and what it does not

The dollars ranked here are the Fed's participation at the moment of purchase. In all 1,830 transactions the participation is 95 percent of the loan, so the order is the same either way; the whole loans total $17.46B. Nothing about later performance is in the file.

Bank names are the Fed's strings. 5 lenders are spelled two ways in the file, differing only in capitalisation; those are counted once here, under the spelling carrying the larger amount. Spellings that differ by more than case are not merged, so an institution filed under two different names would rank twice, and a holding company's separately chartered banks rank separately.

Main Street closed in January 2021. A high rank measures use of this one facility; it is not a measure of the bank's size or of its lending overall.

Sources

Archive data page: Federal Reserve Main Street and PPPLF disclosures
Federal Reserve, Periodic report: CARES Act facility disclosures (original: federalreserve.gov)
File: mslp-transaction-specific-disclosures-04-12-21.xlsx (sha256 6db9c3f2f1035828…)