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Overview / Commentary
4800 East 42nd Street
Odessa, TX 79762

Southwest Bank is headquartered in Odessa and is the 188th largest bank in the state of Texas. It is also the 2,150th largest bank in the nation. It was established in 1947 and as of March of 2014, it had grown to 98 employees at 6 locations. Southwest Bank has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Southwest Bank had $1.23 million in non-current loans and owned real-estate with $27.31 million in equity and loan loss allowances on hand to cover it. This gives Southwest Bank a Texas Ratio of 4.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Southwest Bank decreased dramatically from 11.61% as of March 31, 2013 to 4.51% as of March 31, 2014, resulting in a positive change of 61.14%.This indicates that the balance sheet and financial strength for Southwest Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Southwest Bank has increased its total deposits by $34.06 million, resulting in 13.86% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Southwest Bank has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Southwest Bank has $305.67 million in assets with $27.31 million in equity, resulting in a capitalization level of 8.93%, which is average.

Institution Statistics

Overall
FDIC Certificate #16652
Year Established1947
Employees98
Primary RegulatorFDIC
Assets and Liabilities
Assets$305.67 million
Loans$187.42 million
Deposits$279.90 million
Equity Capital$24.79 million
Loan Loss Allowance$2.52 million
Unbacked Noncurrent Loans$1.23 million
Real Estate Owned$0
Historic Data - March 2013
Assets$265.56 million
Equity Capital$19.19 million
Loan Loss Allowance$2.21 million
Unbacked Noncurrent Loans$1.23 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.93%
Return on Assets1.17%
Return on Equity14.66%
Interest Income$2.76 million
Rates

Sorry, we do not have rate data for Southwest Bank

Locations


Southwest Bank Locations
Lubbock Branch10115 Quaker AvenueLubbock, TX 79424
Wink Branch309 Henderson BoulevardWink, TX 79789
Southwest Bank4800 East 42nd StreetOdessa, TX 79762
Convenience Center Branch5201 John Shepperd ParkwayOdessa, TX 79762
Odessa Downtown Branch600 West 8th StreetOdessa, TX 79761