Bank of the Southwest

226 North Main Street
Roswell, NM 88201

Notable Rates APY Vs.Others
Savings 0.15% 2.60% →
1-Year CD 0.25% 2.25% →
2-Year CD 0.40% 2.50% →
5-Year CD 1.00% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Bank of the Southwest is an FDIC insured institution located in Roswell, NM. It was founded in 1930 and has approximately $0.15 billion in assets. Customers can open an account at one of its 14 branches.

FDIC Insured Yes
FDIC Certificate # 2247
Date Established 1930
Assets $0.15 billion
Loans $0.13 billion
Deposits $0.13 billion
Capital $0.01 billion
 

For a more detailed analysis of Bank of the Southwest's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $1 - Learn MoreShow Less
6 Mo CD
0.20% $1 - Learn MoreShow Less
12 Mo CD
0.25% $1 - Learn MoreShow Less
24 Mo CD
0.40% $1 - Learn MoreShow Less
60 Mo CD
1.00% $1 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $100 - Learn MoreShow Less

Loan Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of the Southwest

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

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Payment
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Hamilton National Mortgage Co.
NMLS ID: 122701
3.642% 3.625% 0.25 $525 $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
3.537% 3.500% 0.50 $1,142 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
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Atlantic Union Bank
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4.750 %
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Note to Bank of the Southwest
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Branches

Bank of the Southwest branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank of the Southwest Locations


Financial Details

Bank of the Southwest Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of the Southwest. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of the Southwest U.S. Bank Average
11.91% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Bank of the Southwest had $32,000 in non-current loans and $1,832,000 in owned real estate. To cover these potential losses it had $14,292,000 in equity and $1,360,000 in loans loss reserves. That gives it a Texas Ratio of 11.91%.

Return on Equity
Bank of the Southwest U.S. Bank Average
13.73% 9.50%

Bank of the Southwest has a Return on Equity of 13.73% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of the Southwest U.S. Bank Average
9.47% 12.76%

Bank of the Southwest has a Capitalization of 9.47% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of the Southwest Balance Sheet Analysis

As of June 30, 2019, Bank of the Southwest had assets of $150,911,000, loans of $129,184,000, and deposits of $131,658,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.13 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.14 billion
LIABILITIES
Total deposits $0.13 billion
      Interest-bearing deposits $0.11 billion
      Deposits held in domestic offices $0.13 billion
      % insured (estimated) 76.56%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.14 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Bank of the Southwest’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in New Mexico, Bank of the Southwest has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.93
Multifamily
Mortgages
3.43
Credit Card Loans 0.00
Consumer Auto Loans 5.88
Small Business Loans 15.71
Construction and Development Loans 8.22
Commercial Real Estate 25.85
Commercial and Industrial Loans 30.25
Farm Loans 2.66

Frequently Asked Questions About Bank Of The Southwest

Branches and Savings

Is Bank Of The Southwest FDIC insured?

Yes. It is covered under FDIC Certificate #2247.

Why does Bank Of The Southwest pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of The Southwest CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of The Southwest a commercial bank?

Yes

Where are Bank Of The Southwest locations?

See branch locations nearby.

Is Bank Of The Southwest open on Saturdays?

Is Bank Of The Southwest open on Sundays?

What time does Bank Of The Southwest open?

What time does Bank Of The Southwest close?

Are Bank Of The Southwest ATMs Open 24/7?

Do Bank Of The Southwest ATMs accept cash deposits?

Can Bank Of The Southwest customers use other ATMs?

Do Bank Of The Southwest branches have notaries?

Will Bank Of The Southwest notarize my document?

What address for Bank Of The Southwest should I put for incoming ACH transfers?

Will the Bank Of The Southwest branch print checks?

Do Bank Of The Southwest checks expire?

Does Bank Of The Southwest require US citizenship to open account?

Can Bank Of The Southwest close my account?

Does Bank Of The Southwest Report to credit bureaus?

Does Bank Of The Southwest Use Equifax?

What is Bank Of The Southwest's ACH Routing Number?

What is Bank Of The Southwest's SWIFT code?

Products

Does Bank Of The Southwest offer mortgages?

Compare mortgage rates here.

Does Bank Of The Southwest offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of The Southwest offer personal loans?

Compare personal loan rates here.

Does Bank Of The Southwest offer student loans?

Will Bank Of The Southwest cash a check?

Will Bank Of The Southwest redeem a savings bond?

Does Bank Of The Southwest cash savings bonds?

Will Bank Of The Southwest cash money orders?

Can Bank Of The Southwest issue a money order?

Does Bank Of The Southwest do currency exchange?

Background on The Bank

Who owns Bank Of The Southwest?

How long has Bank Of The Southwest been around?

Can Bank Of The Southwest transfer to other banks?

Does Bank Of The Southwest have quick pay?

Does Bank Of The Southwest accept rolled coins?

Will Bank Of The Southwest accept loose change?

Where is Bank Of The Southwest headquarters?

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