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Southwest Bank
Southwest Bank
RSSD ID 561864 | CERTIFICATE 16652 | ABA NUMBER 112322508 |
4800 E 42nd St |
Quarter Ended : |
2025-03-31 |
Odessa, Texas, 79762 |
Updated : |
2025-04-23 |
www.southwest.bank |
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Institution Profile |
Year Opened : |
1947 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
Yes |
Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
8 |
Number of Employees : |
124 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 721,373 |
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Total Interest Income | 11,290 |
Total Liabilities | 646,520 |
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Total NonInterest Income | 1,567 |
Total Bank Equity Capital | 74,194 |
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Total Interest Expense | 1,424 |
Total Deposits | 641,516 |
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Total NonInterest Expense | 6,504 |
Net Loans & Leases | 472,839 |
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Net Income | 1,962 |
Loan Loss Allowance | 12,346 |
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Net Charge Offs | 7 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 495,340 |
Total assets for the leverage ratio | 735,546 |
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Loans secured by real estate: | 265,335 |
Tier 1 Leverage Ratio | 11.46 |
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Commercial and industrial loans | 208,498 |
Off Balance Sheet Exposures (%) | 18.78 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 2,916 |
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