Seventh in Farmington
It ranked 7 of 153 lenders in the Farmington metro area, with 4.5% of the market. That share fell from 5.7% as its loans slipped from 60 to 55, while similar lenders (state non-member banks making between half and twice as many loans) grew 7%. In a market this small, a handful of loans can move a share that far. United Wholesale Mortgage and V.I.P. Mortgage lead the market. The bank first reported in 2004 and filed no report for 2020 or 2021, years missing from the record rather than years without lending.