1st SouthWest Bank


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

1st SouthWest Bank is headquartered in ALAMOSA and is the 21st largest bank in the state of Colorado. It is also the 1,705th largest bank in the nation. It was established in 2004 and as of March of 2024, it had grown to 83 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
Employees83
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD4.47%
Annual Interest Income$5.9MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$535.7MM$518.9MM
LoansQ1 2024vs Q1 2023$273.3MM$268.9MM
DepositsQ1 2024vs Q1 2023$369MM$364.8MM
Equity CapitalQ1 2024vs Q1 2023$85.8MM$83.6MM
Loan Loss AllowanceQ1 2024vs Q1 2023$3.7MM$3.6MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$0$145K
Real Estate OwnedQ1 2024vs Q1 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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