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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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.
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.
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.
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.
|FDIC Certificate #||34319|
|Assets and Liabilities|
|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|
|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 Margin||3.12%|
|Return on Assets||1.29%|
|Return on Equity||11.74%|
|Interest Income||$2.96 million|
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|0.90%||$1m||-||Commercial Money Market Account|
|0.80%||$500k||-||Personal Money Market Account|
|0.33%||$1k||-||Horizon Money Market Account|
|0.55%||$50k||-||Super NOW Account|
|1.10%||$99k||-||5 Year Jumbo CD|
|1.00%||$99k||-||4 Year Jumbo CD|
|0.95%||$99k||-||3 Year Jumbo CD|
|0.90%||$1k||$99k||5 Year CD|
|0.85%||$1k||$99k||3 Year CD|
|0.85%||$1k||$99k||4 Year CD|
|0.80%||$99k||-||2 Year Jumbo CD|
|0.70%||$1k||$99k||2 Year CD|
|0.70%||$99k||-||18 Month Jumbo CD|
|0.65%||$99k||-||12 Month Jumbo CD|
|0.60%||$1k||$99k||12 Month CD|
|0.60%||$1k||$99k||18 Month CD|
|0.60%||$99k||-||9 Month Jumbo CD|
|0.55%||$1k||$99k||9 Month CD|
|0.30%||$99k||-||6 Month Jumbo CD|
|0.25%||$1k||$99k||6 Month CD|
|0.20%||$99k||-||3 Month Jumbo CD|
|0.15%||$1k||$99k||3 Month CD|
|0.85%||$99k||-||2 Year Jumbo IRA|
|0.80%||$1k||$99k||2 Year IRA|
|0.80%||$99k||-||18 Month Jumbo IRA|
|0.75%||$1k||$99k||18 Month IRA|
|0.75%||$99k||-||12 Month Jumbo IRA|
|0.70%||$1k||$99k||12 Month IRA|
|Southwestern National Bank Locations|
|Austin Branch||11220 North Lamar, Suite A-100||Austin, TX 78753|
|Richardson Office Branch||1131 N. Jupiter Rd.||Richardson, TX 75081|
|Plano Branch||2304 Coit Road, Suite #600||Plano, TX 75075|
|Sugar Land Branch||3508 Highway 6||Sugar Land, TX 77478|
|Southwestern National Bank||6901 Corporate Drive||Houston, TX 77036|