Open Bank
Faith-based community bank focused on relationship banking. Offers commercial and personal banking including business loans, SBA lending, trade financing, home mortgages, CDs, checking, savings, online/mobile banking, and cash management services.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (196 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Open Bank ranks #14 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Open Bank’s 7(a) acquisition lending falls in the $0-$500K range: 50 loans, 25.5% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 50 | 25.5% | |
| $500K-$1M | 44 | 22.4% | |
| $1M-$2M | 33 | 16.8% | |
| $2M-$3M | 21 | 10.7% | |
| $3M-$4M | 21 | 10.7% | |
| $4M-$5M | 27 | 13.8% |
Industries with highest loan volume
Beer, Wine, and Liquor Retailers
45
loans
$817K
avg. amount
Hotels (except Casino Hotels) and Motels
43
loans
$3.6M
avg. amount
Gasoline Stations with Convenience Stores
38
loans
$2.5M
avg. amount
Full-Service Restaurants
16
loans
$563K
avg. amount
Supermarkets and Other Grocery Retailers (except Convenience Retailers)
15
loans
$892K
avg. amount
Limited-Service Restaurants
10
loans
$719K
avg. amount
Convenience Retailers
6
loans
$1.0M
avg. amount
Coin-Operated Laundries and Drycleaners
4
loans
$2.4M
avg. amount
Car Washes
3
loans
$594K
avg. amount
Other Gasoline Stations
2
loans
$4.6M
avg. amount
10-Year
0.7%
Percentile Ranking
83th
83th percentile
Open Bank’s median variable rate is + 1.50%, against a market median of Prime + 1.88%, 38 below market.
It priced below the market median in every one of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.02% |
| $500K-$1M | Prime + 1.91% |
| $1M-$2M | Prime + 1.49% |
| $2M-$3M | Prime + 1.32% |
| $3M-$4M | Prime + 1.17% |
| $4M-$5M | Prime + 1.15% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q3 '24 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 13 |
| Q4 '24 | Prime + 1.63% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 12 |
| Q1 '25 | Prime + 1.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 18 |
| Q2 '25 | Prime + 1.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 13 |
| Q3 '25 | Prime + 1.13% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 8 |
| Q4 '25 | Prime + 1.75% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 9 |
| Q1 '26 | Prime + 1.25% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 11 |
| Q2 '26 | Prime + 1.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 13 |
Open Bank has originated 7(a) acquisition loans in 25 states, most actively in California (107), Texas (36) and Washington (10). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| California | 107 | 54.6% |
| Texas | 36 | 18.4% |
| Washington | 10 | 5.1% |
| Oregon | 6 | 3.1% |
| Colorado | 4 | 2.0% |
| Maryland | 4 | 2.0% |
| New Mexico | 4 | 2.0% |
| Oklahoma | 3 | 1.5% |
| Georgia | 3 | 1.5% |
| Florida | 2 | 1.0% |
| Nebraska | 2 | 1.0% |
| North Carolina | 2 | 1.0% |
| Pennsylvania | 1 | 0.5% |
| Kansas | 1 | 0.5% |
| Louisiana | 1 | 0.5% |
| Nevada | 1 | 0.5% |
| Michigan | 1 | 0.5% |
| Alabama | 1 | 0.5% |
| Ohio | 1 | 0.5% |
| Virginia | 1 | 0.5% |
| West Virginia | 1 | 0.5% |
| District of Columbia | 1 | 0.5% |
| Illinois | 1 | 0.5% |
| Tennessee | 1 | 0.5% |
| Kentucky | 1 | 0.5% |
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