Southwest Bank is headquartered in ODESSA and is the 140th largest bank in the state of Texas. It is also the 1,426th largest bank in the nation. It was established in 1947 and as of June of 2024, it had grown to 126 employees at 8 locations. Southwest Bank has a B+ health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 16652 |
| Year Established | 1947 |
| Employees | 126 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.79% |
| Return on Equity - YTD | 28.72% |
| Annual Interest Income | $22MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $657.9MM$665.5MM |
| Loans | Q2 2024vs Q2 2023 | $475.6MM$464.4MM |
| Deposits | Q2 2024vs Q2 2023 | $587.7MM$601MM |
| Equity Capital | Q2 2024vs Q2 2023 | $65.2MM$59.5MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $10.5MM$9.5MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $5.3MM$3.9MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $2.6MM$0 |
Sorry, we do not have rate data for Southwest Bank.
| Southwest Bank Locations | ||
|---|---|---|
| Lubbock Branch | 10115 Quaker Avenue | Lubbock, TX 79424 |
| Southwest Bank | 4800 E 42nd St | Odessa, TX 79762 |
| Convenience Center Branch | 5201 John Ben Shepperd Parkway | Odessa, TX 79762 |
| Odessa Downtown Branch | 600 West 8th Street | Odessa, TX 79761 |
| Midland Branch | 1301 West Wall Street, Suite A | Midland, TX 79701 |
| Lubbock West Loop Branch | 1901 W Loop 289 Ste 4 | Lubbock, TX 79407 |
| Midland North Branch | 4715 North Midland Drive | Midland, TX 79707 |