John D. Steinmetz - Small Banks to Play in Big Leagues
                     John D. 
Steinmetz
Saving the Mid-Sized 
Companies - Small 
banks to play in the 
big leagues
Vista Bank
Handing out big loans 
Established as a community bank, Vista Bank is 
giving out loans of up to $300 million to help 
save midsize companies in Texas.
Contribution 
during 
pandemic
108 year old Bank
15 location community bank is taking 
part in the one of the biggest loan 
programs introduced in the US.
Pirate Funnel
$1 Billion loan handout 
• One of the 19  lenders in Texas 
to participate in the Federal 
Reserve’s Main Street Lending 
Program.
• Vista Bank CEO John Steinmetz
 says that they could do $ 1 
Billion in loans. 
CARES Act
PPP and Main Street originated in 
$2 Trillion CARES ACT
• PPP was introduced for 
companies with less than 500 
employees with a loan amount 
of $10 million in total.
• Main Street loans range from 
$250,000 to $300 million for 
companies with 15,000 or 
fewer employees.
Local Bank Big 
Loans
Setting up an example
As a requirement for the bank to 
take 5% share in the program, Vista 
Bank could loan out #300 million 
compared to the normal lending limit 
of $20 million. John D. Steinmetz, 
the first CEO outside the family told 
that they could use the 5% rule to 
go beyond the regular limit.
Competing with 
Big Players
$1 billion in assets and about $870 
million in deposits
“It’s given us the opportunity to 
compete with big banks like Wells 
Fargo that are normally too large to 
compete with due to our legal 
lending limit,” John Steinmetz said.
Contact
TWITTER
https://twitter.com/johndsteinmetz
LINKED IN
https://www.linkedin.com/in/johndsteinmetz
WEBSITE
http://johndsteinmetz.com/