Southwest Capital Bank in Las Vegas, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


Southwest Capital Bank - Overview

  • General
  • FDIC Certificate #: 12258
    Status: Active
    Federal Reserve ID: 206156
    Bank Holding Company (Regulatory Top Holder): Las Vegas Bancorporation, Inc. (RSSDID: 1060168, Location: Las Vegas, NM)
    Date Established: December 01, 1890
    WWW: http://www.bankonblv.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 13318
    FDIC's unique #: 7793
    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 12, 2012
    Last Structure Change Process Date: March 22, 2012
    Last Data Update: March 22, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 622 Douglas Avenue, Las Vegas, NM 87701
    County: San Miguel
    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): Las Vegas, NM (#29780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $205.2 mil
    Equity capital: $19.7 mil
    Deposits held in domestic offices: $162.4 mil
    Return on assets (ROA): 2.17% ($4.4 mil)
    Quarterly return on assets: 1.56% ($3.2 mil)
    Return on Equity (ROE): 22.75% ($4.5 mil)
    Quarterly return on equity: 16.57% ($3.3 mil)
    Net income: $4.1 mil
    Quarterly Net income: $0.8 mil
    Pretax return on assets: 2.17% ($4,452.3 mil)
    Quarterly Pretax return on assets: 1.56% ($3,200.8 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
  • 56Total employees (full-time equivalent)
  • $205,177Total assets
  • $4,546Cash and due from depository institutions
  • $300Interest-bearing balances
  • $42,352Securities
  • $7,670Federal funds sold & reverse repurchase agreements
  • $144,914Net loans & leases
  • $1,997Loan loss allowance
  • $0Trading account assets
  • $2,131Bank premises and fixed assets
  • $200Other real estate owned
  • $0Goodwill and other intangibles
  • $205,177Life insurance assets
  • $3,364All other assets
  • $185,524Total liabilities and capital
  • $162,411Total liabilities
  • $137,370Total deposits
  • $162,411Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 6669.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,079Trading liabilities
  • $0Other borrowed funds
  • $365Subordinated debt
  • $19,653All other liabilities
  • $19,653Total equity capital
  • $19,653Total bank equity capital
  • $0Perpetual preferred stock
  • $2,500Common stock
  • $14,500Surplus
  • $2,653Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $192Income earned, not collected on loans
  • $0Earning assets
  • $906Long-term assets (5+ years)
  • $195,236Average Assets, year-to-date
  • $29,887Average Assets, quarterly
  • $187,840Volatile liabilities
  • $199,352Insider loans
  • $144,203FHLB advances
  • $201,905Loans and leases held for sale
  • $886Unused loan commitments
  • $886Tier 1 (core) risk-based capital
  • $19,325Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,459Restructured Loans and leases
  • $2,331Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,782Total interest income
  • $1,639Total interest expense
  • $9,143Net interest income
  • $735Provision for loan and lease losses
  • $885Total noninterest income
  • $0Fiduciary activities
  • $594Service charges on deposit accounts
  • $0Trading account gains & fees
  • $291Additional noninterest income
  • $5,222Total noninterest expense
  • $1,863Salaries and employee benefits
  • $1,159Premises and equipment expense
  • $2,200Additional noninterest expense
  • $4,071Pre-tax net operating income
  • $12Securities gains (losses)
  • $0Applicable income taxes
  • $4,083Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,083Net income attributable to bank
  • $0Net charge-offs
  • $4,083Cash dividends
  • $370Sale, conversion, retirement of capital stock, net
  • $3,675Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.03%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 5.11%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 2.92%Noninterest expense to earning assets
  • 2.17%Net operating income to assets
  • 2.17%Return on assets (ROA)
  • 2.17%Pretax return on assets
  • 22.75%Return on equity (ROE)
  • 2.27%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 198.65%Credit loss provision to net charge-offs
  • 12.99%Efficiency ratio
  • 52,074Assets per employee
  • 3.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.01%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 1040.10%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 89.23%Net loans and leases to core deposits
  • 100.18%Equity capital to assets
  • 9.58%Core capital (leverage) ratio
  • 9.57%Tier 1 risk-based capital ratio
  • 13.40%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $187,840Average earning assets
  • $17,944Average equity
  • $178,872Average loans

List of branches

  • 5 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07793Southwest Capital Bank622 Douglas Avenue, Las Vegas, NM 87701December 01, 1890Full Service Brick and Mortar
    1226768Hot Springs BranchValencia Avenue And Hot Springs Blvd, Las Vegas, NM 87701April 06, 1951Limited Service Facility
    2226769Mora BranchState Highway 3, Mora, NM 87732August 17, 1972Limited Service Facility
    4226771Mountain View Branch608 Mountain View Drive, Las Vegas, NM 87701Febuary 07, 1995Limited Service Facility
    5226772Pecos BranchIntersection Of County Roads 63 And 223, Pecos, NM 87552November 07, 1998Full Service Brick and Mortar

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