Southwest Bank
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Data as of · sourced from FFIEC call reports. How we update
Southwest Bank is an FDIC-insured commercial bank headquartered in Odessa, TX, established in 1947 (FDIC certificate 16652), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $693.7M, down 4.5% from Q2 2025, the 124th largest of 346 banks headquartered in Texas. It reports no CET1 ratio; its Tier 1 leverage ratio was 11.33% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16652
- Headquarters
- Odessa, TX
- Established
- 1947
- Total assets, Q2 2026
- $693.7M
- Assets vs Q2 2025
- -4.5%
- Tier 1 leverage ratio, Q2 2026
- 11.33%
- Domestic offices
- 8 FDIC institution directory, current count
- Routing number
- 112322508
- Latest call report
- Q2 2026, FFIEC 051 · Southwest Bank call report
- Holding company
- ODESSA SOUTHWEST BANCSHARES, INC.
- Asset rank in state
- 124th of 346 in Texas
Southwest Bank earns an unusually wide margin on its lending. It reported $694 million in assets at June 30, 2026, down 4.5% from a year earlier. It keeps 5.56 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also pays an average of 0.93% on its deposits and borrowings, about half the median of 1.80% for banks its size.
Earnings jumped: net income for the quarter was $3.4 million, 41% above the same quarter a year earlier. Its $205 million commercial and industrial book is improving, with 4.32% past due or on nonaccrual, down from 6.26% a year earlier. One more trend to watch: the balance sheet shrank over the year: over the year loans fell 0.1% and deposits fell 5.7%.
As of June 30, 2026, Southwest Bank reported a return on assets of 1.93%, a nonperforming-loan ratio of 0.34% and a Texas ratio of 0.88%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Southwest Bank is the 124th largest of the 346 banks headquartered in Texas. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.6% to $693.7M, loans rose 3.2% and deposits fell 1.2%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 41.1% of total loans, followed by owner-occupied commercial real estate loans at 20.3%. Its 6 offices in the FDIC Summary of Deposits are in Odessa, TX, Midland, TX and Lubbock, TX; its Odessa 3 offices book 74% of its branch deposits. Judged on its Q2 2026 call report, Southwest Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 4800 E 42nd St, Odessa, TX 79762
- County
- Ector
- Metro Area
- Odessa, TX
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- December 15, 1947
- Domestic offices
- 8 FDIC institution directory, current count
- Employees (FTE)
- 128
- Domestic deposits
- $610.6M
- Allowance for credit losses
- $12.6M
- Net charge-offs (YTD)
- $36K
- Average total assets
- $709.6M
- Average total loans
- $487.6M
- Average interest-bearing deposits
- $279.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- December 15, 1957
- FDIC Cert
- 16652
- Fed RSSD
- 561864
- SEC CIK
- 1876073 → filed by ODESSA SOUTHWEST BANCSHARES, INC.
- Website
- www.southwest.bank →
- Parent Holding Company
- ODESSA SOUTHWEST BANCSHARES, INC. (RSSD 4415929)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Southwest Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Southwest Bank's total assets moved between a low of $639.1M (Q3 2023) and a high of $726.7M (Q2 2025) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$693.7M total assets against $726.7M; $618.6M total liabilities against $653.0M.
$487.5M net loans and leases against $485.0M; $610.6M total deposits against $647.3M.
$131.5M securities against $102.5M; $37.5M cash and balances due against $110.7M.
$10.8M total interest income against $11.8M; $1.4M total interest expense against $1.4M.
$9.4M net interest income against $10.4M.
$1.6M total noninterest income against $1.6M; $7.0M total noninterest expense against $6.4M.
$434K provision for credit losses against $3.0M.
$3.4M net income against $2.4M.
1.93% return on assets against 1.33%; 5.56% net interest margin against 5.91%.
11.33% tier 1 leverage ratio against 11.25%.
Inside the full Southwest Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeSouthwest Bank rankings
Its closest position to the top of a national ranking is 573 of 3,611, for ROA; its furthest is 2,743 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 1.07% (Q1 2025) to 3.00% (Q3 2024) and its net interest margin ran from 5.31% (Q1 2026) to 6.43% (Q3 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.33% | 1.93% | 0.34% | 0.88% | 5.56% |
| Q1 2026 | 11.24% | 1.92% | 2.38% | 15.95% | 5.31% |
| Q4 2025 | 11.35% | 2.20% | 2.75% | 15.31% | 5.32% |
| Q3 2025 | 11.55% | 1.84% | 3.04% | 15.96% | 5.92% |
| Q2 2025 | 11.25% | 1.33% | 0.80% | 4.74% | 5.91% |
| Q1 2025 | 11.46% | 1.07% | 0.84% | 4.94% | 5.81% |
| Q4 2024 | 11.74% | 2.34% | 0.37% | 2.68% | 6.05% |
| Q3 2024 | 11.37% | 3.00% | 0.98% | 6.69% | 6.43% |
Swipe the table sideways to see every column.
Branch Network
View all 6 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Southwest Bank (main office) | Odessa , TX | 79762 | $345.0M |
| Lubbock Branch | Lubbock , TX | 79424 | $71.3M |
| Midland Branch | Midland , TX | 79701 | $70.9M |
| Odessa Downtown Branch | Odessa , TX | 79761 | $70.8M |
| Convenience Center Branch | Odessa , TX | 79762 | $34.4M |
| Midland North Branch | Midland , TX | 79707 | $18.2M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 161 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 22 applications, 21 loans originated, $7.5M originated, across 1 states
- Period: Calendar year 2024. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 6 loans, $2.1M approved, $356K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Southwest Bank
What are Southwest Bank's total assets?
As of the Q2 2026 filing, Southwest Bank reported total assets of $693.7 million in its FFIEC call report.
Where is Southwest Bank headquartered?
It is headquartered in Odessa, TX, United States.
When was Southwest Bank founded?
It was established in 1947, per the FDIC institution directory.
Is Southwest Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16652). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Southwest Bank?
Southwest Bank's primary federal regulator is the FDIC.
How many branches does Southwest Bank operate?
It operates 8 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Southwest Bank's Texas Ratio?
Its Texas Ratio is 0.88% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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