Southwest National Bank in Weatherford, Oklahoma (OK)
Overview, Financial Summary, Detailed Financial Reports, Branches


Southwest National Bank - Overview

  • General
  • FDIC Certificate #: 4076
    Status: Active
    Federal Reserve ID: 1014059
    Bank Holding Company (Regulatory Top Holder): Southwest Capital, L.L.c. (RSSDID: 2912312, Location: Weatherford, OK)
    Date Established: June 04, 1907
    WWW: http://www.swnbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 14733
    FDIC's unique #: 2650
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    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: 720 East Main, Weatherford, OK 73096
    County: Custer
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Oklahoma City
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Weatherford, OK (#48220)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $59.4 mil
    Equity capital: $7.3 mil
    Deposits held in domestic offices: $51.7 mil
    Return on assets (ROA): 1.27% ($0.7 mil)
    Quarterly return on assets: 1.11% ($0.7 mil)
    Return on Equity (ROE): 10.45% ($0.7 mil)
    Quarterly return on equity: 9.17% ($0.6 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.77% ($1,051.8 mil)
    Quarterly Pretax return on assets: 1.56% ($927.0 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
  • 19Total employees (full-time equivalent)
  • $59,422Total assets
  • $3,216Cash and due from depository institutions
  • $2,028Interest-bearing balances
  • $25,051Securities
  • $200Federal funds sold & reverse repurchase agreements
  • $28,592Net loans & leases
  • $597Loan loss allowance
  • $0Trading account assets
  • $824Bank premises and fixed assets
  • $210Other real estate owned
  • $0Goodwill and other intangibles
  • $59,422Life insurance assets
  • $1,329All other assets
  • $52,157Total liabilities and capital
  • $51,724Total liabilities
  • $39,727Total deposits
  • $51,724Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $433Subordinated debt
  • $7,265All other liabilities
  • $7,265Total equity capital
  • $7,265Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $250Surplus
  • $6,765Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $584Income earned, not collected on loans
  • $0Earning assets
  • $465Long-term assets (5+ years)
  • $55,871Average Assets, year-to-date
  • $19,497Average Assets, quarterly
  • $57,627Volatile liabilities
  • $59,463Insider loans
  • $39,701FHLB advances
  • $59,711Loans and leases held for sale
  • $574Unused loan commitments
  • $574Tier 1 (core) risk-based capital
  • $6,690Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,698Restructured Loans and leases
  • $443Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,600Total interest income
  • $345Total interest expense
  • $2,255Net interest income
  • $0Provision for loan and lease losses
  • $446Total noninterest income
  • $0Fiduciary activities
  • $281Service charges on deposit accounts
  • $0Trading account gains & fees
  • $165Additional noninterest income
  • $1,691Total noninterest expense
  • $951Salaries and employee benefits
  • $140Premises and equipment expense
  • $600Additional noninterest expense
  • $1,010Pre-tax net operating income
  • $10Securities gains (losses)
  • $290Applicable income taxes
  • $730Income before extraordinary items
  • $0Extraordinary gains - net
  • $730Net income attributable to bank
  • $0Net charge-offs
  • $730Cash dividends
  • $51Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 0.67%Cost of funding earning assets
  • 4.37%Net interest margin
  • 0.86%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 1.25%Net operating income to assets
  • 1.27%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 10.45%Return on equity (ROE)
  • 4.72%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 19.80%Efficiency ratio
  • 62,606Assets per employee
  • 3.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.79%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 102.23%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 2.00%Net loans and leases to deposits
  • 55.28%Net loans and leases to core deposits
  • 58.50%Equity capital to assets
  • 12.23%Core capital (leverage) ratio
  • 11.20%Tier 1 risk-based capital ratio
  • 16.85%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $57,627Average earning assets
  • $6,984Average equity
  • $51,619Average loans

List of branches

  • 2 Oklahoma Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02650Southwest National Bank720 East Main, Weatherford, OK 73096June 04, 1907Full Service Brick and Mortar
    1202279Custer City Branch400 North Main, Custer, OK 73639January 03, 1995Full Service Brick and Mortar

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