1st SouthWest Bank

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Overview / Commentary

719-587-4200

720 Main Street
Alamosa, CO 81101

1st SouthWest Bank is headquartered in Alamosa and is the 19^th largest bank in the state of Colorado. It is also the 1,742^nd largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 74 employees at 6 locations. 1st SouthWest Bank has an A+ health rating.

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Health

A+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #	57741
Year Established	2004
Employees	74
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.58%
Return on Equity - YTD	5.49%
Annual Interest Income	$7.0MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$499.5MM$427.4MM
Loans	Q2 2022vs Q2 2021	$220.1MM$235.5MM
Deposits	Q2 2022vs Q2 2021	$397.5MM$371.7MM
Equity Capital	Q2 2022vs Q2 2021	$81.9MM$35.0MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$3.2MM$3.0MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$0$203.00K
Real Estate Owned	Q2 2022vs Q2 2021	$0$645.00K

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

1st SouthWest Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$2.5k^*	-	Eagle Youth Account
OTHER TIERS: 0.10% → Up to $2.5k
0.10%^*	$2.5k^*	-	Youth Savings Account
OTHER TIERS: 0.08% → Up to $2.5k
0.10%	-	-	IRA Savings Account
0.08%	-	-	Health Savings Account
0.08%	-	-	Business Savings
0.08%	-	-	Public Funds Savings
0.05%	-	-	Regular Savings Account
0.05%	-	-	Business Public Funds
0.05%	-	-	Sweep Account
0.05%	-	-	Savings Club

1st SouthWest Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$250k^*	-	Personal Money Market
OTHER TIERS: 0.05% → Up to $25k \| 0.08% → $25k - $50k \| 0.10% → $50k - $100k \| 0.15% → $100k - $250k
0.10%^*	$250k^*	-	Business Money Market Account
OTHER TIERS: 0.05% → $1k - $50k \| 0.07% → $50k - $100k \| 0.08% → $100k - $250k

1st SouthWest Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.08%	$10k	-	Investment Checking
0.07%^*	$100k^*	-	Business Checking with Interest
OTHER TIERS: 0.02% → Up to $25k \| 0.03% → $25k - $75k \| 0.05% → $75k - $100k
0.05%	-	-	Checking with Interest
0.05%^*	-	$25k	Eagle Checking
OTHER TIERS: 0.03% → $25k+

1st SouthWest Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.70%	$1k	$250k	60 Month CD
0.70%	$250k	-	60 Month Jumbo CD
0.55%	$1k	$250k	48 Month CD
0.55%	$250k	-	48 Month Jumbo CD
0.45%	$1k	$250k	36 Month CD
0.45%	$250k	-	36 Month Jumbo CD
0.40%	$1k	$250k	24 Month CD
0.40%	$250k	-	24 Month Jumbo CD
0.30%	$1k	$250k	12 Month CD
0.30%	$1k	$250k	18 Month CD
0.30%	$250k	-	12 Month Jumbo CD
0.30%	$250k	-	18 Month Jumbo CD
0.18%	$1k	$250k	6 Month CD
0.18%	$250k	-	6 Month Jumbo CD
0.12%	$1k	$250k	3 Month CD
0.12%	$250k	-	3 Month Jumbo CD

1st SouthWest Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.65%	-	-	60 Month IRA
0.50%	-	-	48 Month IRA
0.40%	-	-	36 Month IRA
0.35%	-	-	24 Month IRA
0.25%	-	-	12 Month IRA

Locations

1st SouthWest Bank Locations
Cortez Branch	1510 East Main Street	Cortez, CO 81321
Center Branch	2060 East Highway 112	Center, CO 81125
Navajo Trail Drive Branch	249 Navajo Trail Drive	Pagosa Springs, CO 81147
The Saguache Facility	400 Fourth	Saguache, CO 81149
Durango Branch	600 East 2nd Avenue	Durango, CO 81301
First Southwest Bank	720 Main St	Alamosa, CO 81101

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