Southwest Bank is headquartered in ODESSA and is the 132nd largest bank in the state of Texas. It is also the 1,375th largest bank in the nation. It was established in 1947 and as of March of 2023, it had grown to 121 employees at 8 locations. Southwest Bank has an A health rating.
| Overall | |
|---|---|
| FDIC Certificate # | 16652 |
| Year Established | 1947 |
| Employees | 121 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.74% |
| Return on Equity - YTD | 31.8% |
| Annual Interest Income | $9.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $662.7MM$645.4MM |
| Loans | Q1 2023vs Q1 2022 | $455.6MM$378.8MM |
| Deposits | Q1 2023vs Q1 2022 | $597.4MM$580.7MM |
| Equity Capital | Q1 2023vs Q1 2022 | $58.7MM$58.2MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $7.9MM$5.3MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $3.8MM$2.5MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$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 |