Our History

In recent years, First Bank of the Lake has made its mark as a leader in Small Business Administration (SBA) lending, playing a critical role in fueling business growth nationwide.

• Top 1% of SBA 7a and 504 Lenders (2023): First Bank of the Lake was ranked among the top 1% of the most active SBA 7a and 504 lenders by the U.S. Small Business Administration, a testament to its high volume of successful lending.
• Over $1.1 Billion Funded in SBA Loans: Between January 2020 and June 2024, the bank funded over 2,000 loans, providing more than $1.1 billion in capital to small businesses across the U.S.
• Top 5 SBA Franchise Lender: In 2023, the bank was recognized as one of the top five SBA lenders for franchise businesses, further showcasing its dedication to helping entrepreneurs turn their visions into reality.
• ICBA’s Top Commercial Lender: In July 2024, the Independent Community Bankers of America (ICBA) recognized First Bank of the Lake as the top commercial lender in the U.S. for banks with assets ranging from $300 million to $1 billion.

These accolades highlight First Bank of the Lake’s ongoing commitment to fostering small business growth through customized financing solutions. By empowering businesses with the financial tools they need, the bank continues to be a reliable partner in the ever-changing economic landscape.

The bank’s transformative journey began in 2019, when it launched a national government-guaranteed lending program with a focus on SBA loans. Under the leadership of Annemarie Murphy, the SBA division has grown rapidly, attracting top industry talent from across the country. As a nationwide SBA Preferred Lender, this talented team is highly skilled in structuring complex lending solutions that help businesses, from startups to established companies, secure the capital they need to expand and succeed.

The SBA lending team’s expertise has allowed First Bank of the Lake to extend its reach, making a national impact. Whether funding a small retail store in a suburban community or supporting a franchise owner’s expansion plan, the bank’s mission remains the same: to be a financial partner that helps businesses succeed.

While the technology of banking has changed over the past four decades, the core values of First Bank of the Lake remain constant—providing exceptional service, valuing its customers and employees, and being a trusted community partner. As the bank continues to grow, it builds on the strong foundation laid by its founders in 1985, embracing innovation while staying true to its roots.

The bank’s leadership continues to steer it toward a future of expansion and national impact, while maintaining its commitment to the Lake of the Ozarks community. First Bank of the Lake remains a shining example of how a local institution can grow into a national leader, all while staying true to its core mission: helping businesses thrive.