1st SouthWest Bank

Overview / Commentary
720 Main Street
Alamosa, CO 81101

1st SouthWest Bank is headquartered in Alamosa and is the 22nd largest bank in the state of Colorado. It is also the 1,942nd largest bank in the nation. It was established in 2004 and as of September of 2020, it had grown to 75 employees at 6 locations. 1st SouthWest Bank has an A health rating.


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Health Grade Components

FDIC Certificate #57741
Year Established2004
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD7.27%
Annual Interest Income$10.4MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$395.0MM$331.7MM
LoansQ3 2020vs Q3 2019$262.0MM$215.9MM
DepositsQ3 2020vs Q3 2019$344.1MM$286.1MM
Equity CapitalQ3 2020vs Q3 2019$34.1MM$32.5MM
Loan Loss AllowanceQ3 2020vs Q3 2019$3.1MM$2.8MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$442.00K$967.00K
Real Estate OwnedQ3 2020vs Q3 2019$801.00K$1.5MM

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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 StreetAlamosa, CO 81101

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