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.
Overall | |
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FDIC Certificate # | 57741 |
Year Established | 2004 |
Employees | 92 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 6.62% |
Annual Interest Income | $24.1MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $565.8MM$547.7MM |
Loans | Q4 2024vs Q4 2023 | $298.4MM$281.4MM |
Deposits | Q4 2024vs Q4 2023 | $396.8MM$380.1MM |
Equity Capital | Q4 2024vs Q4 2023 | $91.6MM$86.8MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $4.4MM$3.7MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $367K$0 |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |
Rates for 1st SouthWest Bank are currently being reviewed.
1st SouthWest Bank Locations | ||
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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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