1st SouthWest Bank


Overview / Commentary
866-641-3792
720 Main Street
Alamosa, CO 81101

1st SouthWest Bank is headquartered in ALAMOSA and is the 19th largest bank in the state of Colorado. It is also the 1,637th largest bank in the nation. It was established in 2004 and as of December of 2024, it had grown to 92 employees at 6 locations. 1st SouthWest Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #57741
Year Established2004
Employees92
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD6.62%
Annual Interest Income$24.1MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$565.8MM$547.7MM
LoansQ4 2024vs Q4 2023$298.4MM$281.4MM
DepositsQ4 2024vs Q4 2023$396.8MM$380.1MM
Equity CapitalQ4 2024vs Q4 2023$91.6MM$86.8MM
Loan Loss AllowanceQ4 2024vs Q4 2023$4.4MM$3.7MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$367K$0
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates

Rates for 1st SouthWest Bank are currently being reviewed.

Locations


1st SouthWest Bank Locations
Cortez Branch1510 East Main StreetCortez, CO 81321
Center Branch2060 East Highway 112Center, CO 81125
Navajo Trail Drive Branch249 Navajo Trail DrivePagosa Springs, CO 81147
The Saguache Facility400 FourthSaguache, CO 81149
Durango Branch600 East 2nd AvenueDurango, CO 81301
First Southwest Bank720 Main StAlamosa, CO 81101

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