Business View Magazine | Volume 9, Issue 1

68 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 1 lender. “It is a completely different landscape,” Shettlesworth adds. “The final cherry on top is that we might not have even been able to start the bank, today. It was literally this year, just with our strong performance in retained earnings, where we crested above $20 million. When we started with about $6 million in capital, that was okay back then, but you don’t even have that conversation with federal regulators under $20 million today. It’s just fascinating. In that regard, it was the most brilliant decision ever, but it was tough for the first five years.” With only one location and one ATM, Main Bank remains committed to the local market, with no current plans to expand beyond the community. Main Bank has some consumer products on the deposit side and some consumer loan products, but their energy is focused on commercial lending in the small- to medium-sized business community in Albuquerque and in New Mexico. This community approach to banking added