Southwest Bank

Southwest Bank


Overview / Commentary
432-552-5000
4800 East 42nd Street
Odessa, TX 79762

Southwest Bank is headquartered in Odessa and is the 133rd largest bank in the state of Texas. It is also the 1,520th largest bank in the nation. It was established in 1947 and as of September of 2020, it had grown to 112 employees at 8 locations. Southwest Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #16652
Year Established1947
Employees112
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.52%
Return on Equity - YTD19.29%
Annual Interest Income$16.4MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$536.3MM$448.4MM
LoansQ3 2020vs Q3 2019$416.0MM$273.6MM
DepositsQ3 2020vs Q3 2019$490.2MM$406.8MM
Equity CapitalQ3 2020vs Q3 2019$40.4MM$37.1MM
Loan Loss AllowanceQ3 2020vs Q3 2019$4.1MM$3.5MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$1.1MM$2.5MM
Real Estate OwnedQ3 2020vs Q3 2019$150.00K$0
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

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