Southwest Bank

Southwest Bank


Overview / Commentary
432-552-5000
4800 E. 42Nd St.
Odessa, TX 79768

Southwest Bank is headquartered in Odessa and is the 130th largest bank in the state of Texas. It is also the 1,406th largest bank in the nation. It was established in 1947 and as of March of 2022, it had grown to 122 employees at 9 locations. Southwest Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #16652
Year Established1947
Employees122
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.33%
Return on Equity - YTD16%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$645.4MM$575.0MM
LoansQ1 2022vs Q1 2021$378.8MM$421.8MM
DepositsQ1 2022vs Q1 2021$580.7MM$520.4MM
Equity CapitalQ1 2022vs Q1 2021$58.2MM$50.8MM
Loan Loss AllowanceQ1 2022vs Q1 2021$5.3MM$4.8MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$2.5MM$921.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$150.00K
Rates

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Locations


Southwest Bank Locations
Lubbock Branch10115 Quaker AvenueLubbock, TX 79424
Southwest Bank4800 East 42nd StreetOdessa, TX 79768
Convenience Center Branch5201 John Ben Shepperd ParkwayOdessa, TX 79762
Odessa Downtown Branch600 West 8th StreetOdessa, TX 79761
Midland Branch1301 West Wall Street, Suite AMidland, TX 79701
Lubbock West Loop Branch1901 W Loop 289 Ste 4Lubbock, TX 79407
Midland North Branch4715 North Midland DriveMidland, TX 79707

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