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.
| Overall | |
|---|---|
| FDIC Certificate # | 16652 |
| Year Established | 1947 |
| Employees | 122 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.33% |
| Return on Equity - YTD | 16% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $645.4MM$575.0MM |
| Loans | Q1 2022vs Q1 2021 | $378.8MM$421.8MM |
| Deposits | Q1 2022vs Q1 2021 | $580.7MM$520.4MM |
| Equity Capital | Q1 2022vs Q1 2021 | $58.2MM$50.8MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $5.3MM$4.8MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $2.5MM$921.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$150.00K |
Sorry, we do not have rate data for Southwest Bank.
| Southwest Bank Locations | ||
|---|---|---|
| Lubbock Branch | 10115 Quaker Avenue | Lubbock, TX 79424 |
| Southwest Bank | 4800 East 42nd Street | Odessa, TX 79768 |
| 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 |