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 133rd largest bank in the state of Texas. It is also the 1,469th largest bank in the nation. It was established in 1947 and as of September of 2021, it had grown to 122 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
Employees122
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.86%
Return on Equity - YTD21.45%
Annual Interest Income$17.8MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$616.3MM$536.3MM
LoansQ3 2021vs Q3 2020$388.7MM$416.0MM
DepositsQ3 2021vs Q3 2020$554.4MM$490.2MM
Equity CapitalQ3 2021vs Q3 2020$56.5MM$40.4MM
Loan Loss AllowanceQ3 2021vs Q3 2020$5.1MM$4.1MM
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$1.8MM$1.1MM
Real Estate OwnedQ3 2021vs Q3 2020$150.00K$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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