Bank of the Southwest

226 North Main Street
Roswell, NM 88201

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 2247
Date Established 1930
Assets $0.14 billion
Loans $0.11 billion
Deposits $0.13 billion
Capital $0.01 billion

Bank of the Southwest is an FDIC insured institution located in Roswell, NM. It was founded in 1930 and has approximately $0.14 billion in assets. Customers can open an account at one of its 14 branches.

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.

Bank Loan Profile?

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

Compared to other banks in New Mexico, Bank of the Southwest has a significantly higher percent of Consumer Auto Loans, Commercial and Industrial 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 17.74
Multifamily
Mortgages
4.31
Credit Card Loans 0.00
Consumer Auto Loans 4.68
Small Business Loans 13.44
Construction and Development Loans 5.26
Commercial Real Estate 16.47
Commercial and Industrial Loans 40.02
Farm Loans 3.89

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.10% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.10% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.15% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $2,500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $100 - Learn MoreShow Less

Loan Rates

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 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More
PenFed Credit Union
NMLS ID: 401822
3.957% 3.875% 0.00 $2,500 $1,176 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

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
20.24% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of the Southwest had $808,000 in non-current loans and $2,273,000 in owned real estate. To cover these potential losses it had $14,151,000 in equity and $1,070,000 in loans loss reserves. That gives it a Texas Ratio of 20.24%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of the Southwest U.S. Bank Average
11.15% 8.58

Bank of the Southwest has a Return on Equity of 11.15% versus the BestCashCow average of 8.58. 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
10.13% 12.11

Bank of the Southwest has a Capitalization of 10.13% versus the BestCashCow average of 12.11. 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, 2017, Bank of the Southwest had assets of $139,639,000, loans of $110,205,000, and deposits of $125,312,000. 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.

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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