Bank of the Southwest in city_name, state_name - Detailed Financial Reports, Location

Bank of the Southwest in Roswell, New Mexico (NM)
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Bank of the Southwest routing number info

Bank of the Southwest - Overview

General
FDIC Certificate #: 2247
Status: Active
Federal Reserve ID: 499752
Bank Holding Company (Regulatory Top Holder): New Mexico National Financial Incorporated (RSSDID: 2013947, Location: Roswell, NM)
Date Established: March 18, 1930
WWW: http://www.bankofsw.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Domestic: 14, Interstate: No)
OTS Docket #: 14339
FDIC's unique #: 1494
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 226 North Main Street, Roswell, NM 88201
County: Chaves
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Albuquerque
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Roswell, NM (#40740)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $156.7 mil
Equity capital: $13.5 mil
Deposits held in domestic offices: $138.0 mil
Return on assets (ROA): 1.16% ($1.8 mil)
Quarterly return on assets: 1.04% ($1.6 mil)
Return on Equity (ROE): 13.22% ($1.7 mil)
Quarterly return on equity: 11.97% ($1.6 mil)
Net income: $1.8 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.16% ($1,817.3 mil)
Quarterly Pretax return on assets: 1.04% ($1,629.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
91Total employees (full-time equivalent)
$156,664Total assets
$26,665Cash and due from depository institutions
$24,583Interest-bearing balances
$904Securities
$0Federal funds sold & reverse repurchase agreements
$119,220Net loans & leases
$1,199Loan loss allowance
$0Trading account assets
$6,143Bank premises and fixed assets
$1,116Other real estate owned
$0Goodwill and other intangibles
$156,664Life insurance assets
$2,616All other assets
$143,204Total liabilities and capital
$137,983Total liabilities
$114,707Total deposits
$137,983Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,139Trading liabilities
$0Other borrowed funds
$82Subordinated debt
$13,460All other liabilities
$13,460Total equity capital
$13,460Total bank equity capital
$0Perpetual preferred stock
$990Common stock
$8,093Surplus
$4,377Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,098Income earned, not collected on loans
$833Earning assets
$791Long-term assets (5+ years)
$144,707Average Assets, year-to-date
$34,621Average Assets, quarterly
$152,924Volatile liabilities
$155,346Insider loans
$107,225FHLB advances
$154,142Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,460Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,372Restructured Loans and leases
$1,790Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,662Total interest income
$670Total interest expense
$7,992Net interest income
$102Provision for loan and lease losses
$1,075Total noninterest income
$0Fiduciary activities
$640Service charges on deposit accounts
$0Trading account gains & fees
$435Additional noninterest income
$7,191Total noninterest expense
$3,734Salaries and employee benefits
$1,251Premises and equipment expense
$2,206Additional noninterest expense
$1,774Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$1,774Income before extraordinary items
$0Extraordinary gains - net
$1,774Net income attributable to bank
$0Net charge-offs
$1,774Cash dividends
$81Sale, conversion, retirement of capital stock, net
$1,700Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.19%Yield on earning assets
0.48%Cost of funding earning assets
5.71%Net interest margin
0.77%Noninterest income to earning assets
5.14%Noninterest expense to earning assets
1.16%Net operating income to assets
1.16%Return on assets (ROA)
1.16%Pretax return on assets
13.22%Return on equity (ROE)
0.55%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
125.93%Credit loss provision to net charge-offs
23.16%Efficiency ratio
79,310Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
95.83%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
109.20%Noncurrent assets plus other real estate owned to assets
1.41%Noncurrent loans to loans
0.91%Net loans and leases to deposits
86.40%Net loans and leases to core deposits
88.43%Equity capital to assets
8.59%Core capital (leverage) ratio
8.73%Tier 1 risk-based capital ratio
12.55%Total risk-based capital ratio
Memoranda
$14Average assets
$152,924Average earning assets
$13,416Average equity
$139,949Average loans

List of branches

14 New Mexico Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	1494	Bank Of The Southwest	226 North Main Street, Roswell, NM 88201	March 18, 1930	Full Service Brick and Mortar
1	192172	Elephant Butte Branch	Highway 195 & Warm Springs, Elephant Butte, NM 87935	July 24, 1972	Full Service Brick and Mortar
6	192177	Truth Or Consequences Branch	509 Broadway, Truth Or Consequences, NM 87901	April 27, 1993	Full Service Brick and Mortar
7	12865	Farmington Branch	320 West Main Street, Farmington, NM 87401	Febuary 03, 1964	Full Service Brick and Mortar
8	247104	Kirtland Branch	U.S. Highway 550 And County Road 61, Kirtland, NM 87417	July 02, 1973	Full Service Brick and Mortar
10	247106	Drive-Up Branch	Locke And Arrington Streets, Farmington, NM 87401	November 03, 1980	Limited Service Facility
11	192178	South Branch	800 West Hobbs, Roswell, NM 88202	December 30, 1996	Full Service Brick and Mortar
12	192179	Drive-Up Facility	126 W. 3rd Street, Roswell, NM 88202	December 10, 1992	Limited Service Facility
13	192180	Hatch Branch	121 East Hall, Suite B, Hatch, NM 87937	January 25, 1999	Full Service Brick and Mortar
14	357873	Las Cruces Branch	605 N. Water Street, Las Cruces, NM 88001	September 17, 1999	Full Service Brick and Mortar
15	364392	Messenger Service	226 N. Main Street, Roswell, NM 88202	July 29, 2002	Limited Service Messenger
17	442236	Farmington Country Club Branch	6570 E. Main, Suite A, Farmington, NM 87402	November 29, 2004	Full Service Brick and Mortar
18	452610	North Branch - Roswell Branch	3203 N. Main, Roswell, NM 88201	Febuary 27, 2006	Full Service Brick and Mortar
19	473030	Bloomfield Branch	920 N. 1st Street, Bloomfield, NM 87413	July 24, 2007	Full Service Brick and Mortar

Bank of the Southwest in Roswell, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Southwest - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of the Southwest in Roswell, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of the Southwest - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Bank of the Southwest in Roswell, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches