Southwest Securities , FSB in Dallas, Texas (TX), NM
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Southwest Securities , FSB in Dallas, Texas (TX), NM
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Southwest Securities , FSB - Overview

  • General
  • FDIC Certificate #: 32460
    Status: Active
    Federal Reserve ID: 42671
    Date Established: March 20, 1986
    WWW: http://www.southwestsecuritiesfsb.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 15 (Domestic: 15, Interstate: Yes)
    OTS Docket #: 8287
    FDIC's unique #: 45294
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Commercial Lending Specialization
    Date of Deposit Insurance: March 20, 1986
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1201 Elm Street, Suite 3500, Dallas, TX 75270
    County: Dallas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Dallas
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Dallas, TX (#1920)
    Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31)
    Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206)
    Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100)
    CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100)
    Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $1,327.9 mil
    Equity capital: $166.4 mil
    Deposits held in domestic offices: $1,069.9 mil
    Return on assets (ROA): -0.14% (-$1.9 mil)
    Quarterly return on assets: -0.07% (-$0.9 mil)
    Return on Equity (ROE): -1.31% (-$2.2 mil)
    Quarterly return on equity: -0.57% (-$0.9 mil)
    Net income: -$2.0 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.22% (-$2,921.4 mil)
    Quarterly Pretax return on assets: -0.12% (-$1,593.5 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
  • 186Total employees (full-time equivalent)
  • $1,327,922Total assets
  • $123,799Cash and due from depository institutions
  • $119,146Interest-bearing balances
  • $132,101Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,011,211Net loans & leases
  • $33,111Loan loss allowance
  • $0Trading account assets
  • $9,877Bank premises and fixed assets
  • $18,636Other real estate owned
  • $0Goodwill and other intangibles
  • $1,327,922Life insurance assets
  • $32,298All other assets
  • $1,161,524Total liabilities and capital
  • $1,069,855Total liabilities
  • $1,012,955Total deposits
  • $1,069,855Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $88,133Trading liabilities
  • $0Other borrowed funds
  • $3,536Subordinated debt
  • $166,398All other liabilities
  • $166,398Total equity capital
  • $166,398Total bank equity capital
  • $0Perpetual preferred stock
  • $2,400Common stock
  • $119,556Surplus
  • $44,442Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $47,257Income earned, not collected on loans
  • $0Earning assets
  • $3,532Long-term assets (5+ years)
  • $1,262,458Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $1,381,868Volatile liabilities
  • $1,328,530Insider loans
  • $1,026,050FHLB advances
  • $1,321,626Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $160,098Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $39,017Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $57,384Total interest income
  • $5,412Total interest expense
  • $51,972Net interest income
  • $7,202Provision for loan and lease losses
  • -$5,744Total noninterest income
  • $0Fiduciary activities
  • $431Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$6,175Additional noninterest income
  • $42,095Total noninterest expense
  • $20,828Salaries and employee benefits
  • $6,274Premises and equipment expense
  • $14,993Additional noninterest expense
  • -$3,069Pre-tax net operating income
  • $60Securities gains (losses)
  • -$1,043Applicable income taxes
  • -$1,966Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,966Net income attributable to bank
  • $0Net charge-offs
  • -$1,966Cash dividends
  • $21,131Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.41%Yield on earning assets
  • 0.42%Cost of funding earning assets
  • 4.00%Net interest margin
  • -0.44%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • -0.15%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • -0.22%Pretax return on assets
  • -1.31%Return on equity (ROE)
  • -1.31%Retained earnings to average equity (YTD only)
  • 2.01%Net charge-offs to loans
  • 34.08%Credit loss provision to net charge-offs
  • 0.20%Efficiency ratio
  • 91,060Assets per employee
  • 7.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.17%Loss allowance to noncurrent loans
  • 70.07%Noncurrent assets plus other real estate owned to assets
  • 4.96%Noncurrent loans to loans
  • 4.53%Net loans and leases to deposits
  • 94.52%Net loans and leases to core deposits
  • 94.86%Equity capital to assets
  • 12.53%Core capital (leverage) ratio
  • 12.11%Tier 1 risk-based capital ratio
  • 15.60%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,381,868Average earning assets
  • $150,279Average equity
  • $1,300,406Average loans

List of branches

  • 2 New Mexico Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    9506268Ruidoso Branch1860 Sudderth Dr, Ruidoso, NM 88345July 01, 2008Full Service Brick and Mortar
    17521955Albuquerque Branch7401 Jefferson St Ne, Albuquerque, NM 87109Febuary 19, 2010Full Service Brick and Mortar
  • 13 Texas Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    045294Southwest Securities , Fsb1201 Elm Street, Suite 3500, Dallas, TX 75270March 20, 1986Full Service Brick and Mortar
    1424353Arlington South Branch4501 Matlock Suite 101, Arlington, TX 76018October 04, 1999Full Service Brick and Mortar
    3424355Granbury Branch1100 East Hwy 377, Granbury, TX 76048April 15, 2002Full Service Brick and Mortar
    4492527Waxahachie Branch1791 Highway 77 N, Waxahachie, TX 75165June 23, 2008Full Service Brick and Mortar
    5506264Garland Branch2302 Guthrie Rd Ste 100, Garland, TX 75043July 11, 2005Full Service Brick and Mortar
    6506265Park Cities Branch5949 Sherry Ln Ste 800, Dallas, TX 75225September 25, 2006Full Service Brick and Mortar
    8506267El Paso Branch671 S Mesa Hills Ste 2b, El Paso, TX 79912January 05, 2009Full Service Brick and Mortar
    10506269Southwest Fort Worth Branch6050 Southwest Blvd Ste 100, Fort Worth, TX 76109October 20, 2008Full Service Brick and Mortar
    11506271Southlake Branch1110 E State Highway 114, Southlake, TX 76092December 08, 2008Full Service Brick and Mortar
    12506272Arlington Central Branch410 W Abram St, Arlington, TX 76010September 15, 2008Full Service Brick and Mortar
    13506274Arlington North Branch1900 Ballpark Way Ste 100, Arlington, TX 76006December 09, 2003Full Service Brick and Mortar
    14507370Austin Branch6101 W Courtyard Dr, Austin, TX 78730March 25, 2009Full Service Brick and Mortar
    16518099Houston Branch3 Riverway Suite 1410, Houston, TX 77056Febuary 06, 2010Full Service Brick and Mortar

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