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Overview / Commentary
713-771-9700
6901 Corporate Drive
Houston, TX 77036

Southwestern National Bank is headquartered in Houston and is the 160th largest bank in the state of Texas. It is also the 1,882nd largest bank in the nation. It was established in 1997 and as of March of 2014, it had grown to 74 employees at 5 locations. Southwestern National Bank's money market rates are 2X the national average, and it boasts 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 Southwestern National Bank had $3.01 million in non-current loans and owned real-estate with $44.31 million in equity and loan loss allowances on hand to cover it. This gives Southwestern National Bank a Texas Ratio of 6.80% 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 Southwestern National Bank decreased dramatically from 13.20% as of March 31, 2013 to 6.80% as of March 31, 2014, resulting in a positive change of 48.52%.This indicates that the balance sheet and financial strength for Southwestern National Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Southwestern National Bank has increased its total deposits by $6.85 million, resulting in 2.38% 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 Southwestern National Bank has shown is above average.

Capitalization

GRADE:
A+

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. Southwestern National Bank has $349.48 million in assets with $44.31 million in equity, resulting in a capitalization level of 12.68%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #34319
Year Established1997
Employees74
Primary RegulatorOCC
Assets and Liabilities
Assets$349.48 million
Loans$110.13 million
Deposits$294.82 million
Equity Capital$39.09 million
Loan Loss Allowance$5.22 million
Unbacked Noncurrent Loans$163,000
Real Estate Owned$2.85 million
Historic Data - March 2013
Assets$342.94 million
Equity Capital$38.82 million
Loan Loss Allowance$6.07 million
Unbacked Noncurrent Loans$163,000
Real Estate Owned$3.85 million
Profit Margin - Quarterly
Net Interest Margin3.12%
Return on Assets1.29%
Return on Equity11.74%
Interest Income$2.96 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Southwestern National Bank, we are a rate comparison website and can not provide official rates or promotions.

Southwestern National Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%$15k-HSA Account
0.47%$25k-Savings Account

Southwestern National Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.90%$1m-Commercial Money Market Account
0.80%$500k-Personal Money Market Account
0.33%$1k-Horizon Money Market Account

Southwestern National Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$50k-Super NOW Account

Southwestern National Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.10%$99k-5 Year Jumbo CD
1.00%$99k-4 Year Jumbo CD
0.95%$99k-3 Year Jumbo CD
0.90%$1k$99k5 Year CD
0.85%$1k$99k3 Year CD
0.85%$1k$99k4 Year CD
0.80%$99k-2 Year Jumbo CD
0.70%$1k$99k2 Year CD
0.70%$99k-18 Month Jumbo CD
0.65%$99k-12 Month Jumbo CD
0.60%$1k$99k12 Month CD
0.60%$1k$99k18 Month CD
0.60%$99k-9 Month Jumbo CD
0.55%$1k$99k9 Month CD
0.30%$99k-6 Month Jumbo CD
0.25%$1k$99k6 Month CD
0.20%$99k-3 Month Jumbo CD
0.15%$1k$99k3 Month CD

Southwestern National Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.85%$99k-2 Year Jumbo IRA
0.80%$1k$99k2 Year IRA
0.80%$99k-18 Month Jumbo IRA
0.75%$1k$99k18 Month IRA
0.75%$99k-12 Month Jumbo IRA
0.70%$1k$99k12 Month IRA
Locations


Southwestern National Bank Locations
Austin Branch11220 North Lamar, Suite A-100Austin, TX 78753
Richardson Office Branch1131 N. Jupiter Rd.Richardson, TX 75081
Plano Branch2304 Coit Road, Suite #600Plano, TX 75075
Sugar Land Branch3508 Highway 6Sugar Land, TX 77478
Southwestern National Bank6901 Corporate DriveHouston, TX 77036