Southwest Bank

Odessa, TX
IDRSSD: 561864
Total Assets
$715.61M
Latest filing
Total Deposits
$633.08M
Latest filing
Net Interest Margin
5.49%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

316386858ODESSA, TX

Key People

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Locations

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Main Office
Southwest Bank
4800 E 42nd St
Odessa, TX 79762
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/15/1947FDIC Certificate 10786

Branches (7)

Page 1 of 1
NameAddressCity / State
Southwest Bank (Main)4800 E 42nd StOdessa, TX
CONVENIENCE CENTER BRANCH5201 John Ben Shepperd PkwyOdessa, TX
ODESSA DOWNTOWN BRANCH600 W 8th StOdessa, TX
LUBBOCK BRANCH10115 Quaker AveLubbock, TX
MIDLAND BRANCH1301 W Wall StMidland, TX
LUBBOCK LPO5905 82nd StLubbock, TX
ODESSA LPO4692 E University BlvdOdessa, TX
MIDLAND NORTH BRANCH4715 N Midland DrMidland, TX
Showing 7 of 7

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 Date12/15/1947
Community BankYes
Ownership TypeNot Mutual
ZIP79762
State and County Number48135
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameOdessa, TX

Operational Info

Number of Employees136
Domestic Offices8
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance12/15/1957
Primary Insurance AgencyDIF
Websitewww.southwest.bank
Data Updated01/30/2026
CERT16652
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$715.61M
Total Deposits$633.08M
Total Liabilities$639.19M
Total Equity Capital$76.41M
Net Income$4.04M
Net Loans and Leases$479.93M
Assets Per Employee ($Millions)$5.3M
Bank Premises and Fixed Assets$12.76M
Cash and Balances due from Depository Institutions$61.71M
Deposits Held in Domestic Offices$633.08M

Key Performance Ratios

Return on Assets (ROA)2.21%
Return on Equity (ROE)20.91%
Net Interest Margin5.49%
Efficiency Ratio61.52%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.2%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.57%
Earning Assets to total Assets94.76%

Income and Expense

Total Interest Income$10.93M
Total Noninterest Income$2.06M
Total Interest Expense$1.55M
Total Noninterest Expense$7.04M
Net Interest Income$9.38M
Pre-tax Net Operating Income$4.04M
Provision for Credit Losses$360.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$1.37M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$6.12M
Total Liabilities and Capital$715.61M

Securities

Securities$145.14M
Available-for-sale debt securities$144.64M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$500.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Southwest Bank?
$715.61M as of the latest filing.
How much are Southwest Bank's total deposits?
$633.08M in total deposits.
Where is Southwest Bank located?
Odessa, TX.
What is the Net Interest Margin?
5.49%.
How many domestic offices does it operate?
8.
When was it established?
12/15/1947.
What is the Return on Assets (ROA)?
2.21%.
How much are total loans and leases?
$479.93M (latest filing).
What is the total interest income (latest filing)?
$10.93M.