FirstBank Southwest is headquartered in AMARILLO and is the 67th largest bank in the state of Texas. It is also the 673rd largest bank in the nation. It was established in 1907 and as of March of 2023, it had grown to 224 employees at 13 locations. FirstBank Southwest has an A health rating.
Valued As A Person
My experiences with First Bank Southwest were stellar, each and every time! From the time you walk in the door, they have excellent customer service. Some employees even got to know me by name. They have a small town value feel, but are quite professional like larger banks. Their website has really came a long way over the last few years, and includes things of interest to me, like CD and IRA info. Their drive up ATMs are super user friendly. I liked that I had a checking and savings that did not have transfer fees, or have to have a certain balance to open, etc.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3387 |
| Year Established | 1907 |
| Employees | 224 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.42% |
| Return on Equity - YTD | 21.73% |
| Annual Interest Income | $19.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $1.62B$1.41B |
| Loans | Q1 2023vs Q1 2022 | $1.12B$818.9MM |
| Deposits | Q1 2023vs Q1 2022 | $1.43B$1.28B |
| Equity Capital | Q1 2023vs Q1 2022 | $107.6MM$107.4MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $14.7MM$11.3MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $2.9MM$2.1MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |