First Southwest Bank

Alamosa, CO
IDRSSD: 3224302
Total Assets
$654.08M
Latest filing
Total Deposits
$481.72M
Latest filing
Net Interest Margin
3.36%
Profitability

Locations

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Main Office
First Southwest Bank
720 Main St
Alamosa, CO 81101
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/09/2004FDIC Certificate 423296

Branches (5)

Page 1 of 1
NameAddressCity / State
First Southwest Bank (Main)720 Main StAlamosa, CO
CENTER BRANCH2060 East Highway 112Center, CO
THE SAGUACHE FACILITY400 4th StSaguache, CO
DURANGO BRANCH600 E 2nd AveDurango, CO
CORTEZ BRANCH1510 E Main StCortez, CO
NAVAJO TRAIL DRIVE BRANCH249 Navajo Trail DrPagosa Springs, CO
Showing 5 of 5

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date07/09/2004
Community BankYes
Ownership TypeNot Mutual
ZIP81101
State and County Number08003
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number10
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameN/A

Operational Info

Number of Employees97
Domestic Offices6
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance07/09/2004
Primary Insurance AgencyDIF
Websitewww.fswb.bank
Data Updated11/14/2025
CERT57741
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$654.08M
Total Deposits$481.72M
Total Liabilities$558.73M
Total Equity Capital$95.35M
Net Income$1.99M
Net Loans and Leases$315.09M
Assets Per Employee ($Millions)$6.74M
Bank Premises and Fixed Assets$6.30M
Cash and Balances due from Depository Institutions$55.45M
Deposits Held in Domestic Offices$481.72M

Key Performance Ratios

Return on Assets (ROA)1.25%
Return on Equity (ROE)8.59%
Net Interest Margin3.36%
Efficiency Ratio59.55%
Tier 1 Risk-Based Capital Ratio30.736%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.39%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.578%
Earning Assets to total Assets92.54%

Income and Expense

Total Interest Income$7.84M
Total Noninterest Income$2.95M
Total Interest Expense$2.89M
Total Noninterest Expense$4.70M
Net Interest Income$4.95M
Pre-tax Net Operating Income$2.58M
Provision for Credit Losses$616.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$65.51M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$5.66M
All Other Liabilities$5.83M
Total Liabilities and Capital$654.08M

Securities

Securities$245.40M
Available-for-sale debt securities$223.59M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$21.81M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Southwest Bank?
$654.08M as of the latest filing.
How much are First Southwest Bank's total deposits?
$481.72M in total deposits.
Where is First Southwest Bank located?
Alamosa, CO.
What is the Net Interest Margin?
3.36%.
How many domestic offices does it operate?
6.
When was it established?
07/09/2004.
What is the Return on Assets (ROA)?
1.25%.
How much are total loans and leases?
$315.09M (latest filing).
What is the total interest income (latest filing)?
$7.84M.