Southwest Capital Bank Reports – 206156

Southwest Capital Bank Financial Reports

Quater Ended: 2024-03-31

Southwest Capital Bank is a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) located in Albuquerque, NM. Established on 12/01/1890, the bank is regulated by the FDIC and has 6 domestic offices. It operates in the Albuquerque, NM.

The bank has 91 employees and holds $433,795k in total assets. With a focus on community banking, the bank has been serving its customers since 12/01/1890.

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Southwest Capital Bank Institution Profile

Established Date 12/01/1890 Institution Class Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC)
Primary Regulator FDIC Number of Domestic Offices 6
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 91 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 87104
Ownership Type Not Mutual City Albuquerque
State Alpha code NM State and County Number 35001
Subchapter S Corporations Yes Trust Powers Trust Powers Not Known
Federal Reserve ID Number 10 Federal Reserve ID Number Description KANSAS CITY
Office of The Comptroller District: WESTERN DISTRICT Office of Thrift Supervision Region West
Last Structure Change Effective Date 08/31/2022 Date of Deposit Insurance 01/01/1934
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of Southwest Capital Bank with our “Institution Profile” table. The 12/01/1890 marks the bank’s inception, providing historical context. Categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC), the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

6 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Albuquerque, NM, and 87104 provide geographic context. Explore these attributes to gain a holistic view of Southwest Capital Bank in the financial landscape.

Southwest Capital Bank Financials

(USD, in thousands)

Total Assets 433,795 Total Liabilities 395,523
Total Equity Capital 38,272 Total Deposits 393,449
Net Loans and Leases 180,430 Total Interest Income 4,913
Total Noninterest Income 636 Total Interest Expense 882
Total Noninterest Expense 3,521 Tier 1 Risk-Based Capital Ratio 0
Net Loans and Leases to Core Deposits 48 Return on Assets 1
Return on Equity 12 Efficiency Ratio 75

Financial Performance Overview

Gain a comprehensive perspective on Southwest Capital Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $433,795k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $395,523k and total equity capital at $38,272k.

Delve into key operational metrics, including total deposits of $393,449k, net loans and leases at $180k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 0, and Return on Assets at 1.05. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Southwest Capital Bank’s performance and competitive positioning within the financial industry.

Southwest Capital Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) 0 Net Loans and Leases to Core Deposits 48
Tier 1 Risk-Based Capital Ratio 0 Securities Gains (Losses) 0
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 1
Yield on Earning Assets 5 Total Interest Income 4,913
Applicable Income Taxes 0 Loss Allowance to Loans and Leases 2
Net Loans and Leases 180,430 Loss Allowance to Noncurrent Loans and Leases 57
Noncurrent Loans to Loans 4 Net Income Attributable to Bank and Noncontrolling Interests 1,145
Net Interest Income 4,031 Net Interest Margin 4
Net Operating Income to Assets 1 Noninterest Income to Average Assets 1
Total Noninterest Income 636 Noninterest Expense to Average Assets 3
Total Noninterest Expense 3,521 Net Charge-Offs to Loans and Leases 0
All Other Assets 8,246 Other Real Estate Owned 460
Other borrowed funds 0 Pre-tax Net Operating Income 1,145
Pretax Return on Assets 1 Return on Assets 1
Retained Earnings to Average Equity (YTD only) 4

Insights into Financial Metrics

Enhance your understanding of Southwest Capital Bank’s financial standing through our “Additional Financial Information” table. Explore key metrics such as Net Loans and Leases: $180,430k and Net Interest Income $4,031k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 0 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: -0.01 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income:$636k and evaluate operational efficiency using metrics like Efficiency Ratio: 75.44. This nuanced financial overview empowers a comprehensive analysis of Southwest Capital Bank’s strategic financial position and performance in the industry.

This table provides key financial information about Southwest Capital Bank. Get more data about Southwest Capital Bank on Visbanking Report Portal.