First Southwest Bank in city_name, state_name - Detailed Financial Reports, Location

First Southwest Bank in Alamosa, Colorado (CO)
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First Southwest Bank routing number info

First Southwest Bank - Overview

General
FDIC Certificate #: 57741
Status: Active
Federal Reserve ID: 3224302
Bank Holding Company (Regulatory Top Holder): First Southwest Bancorporation, Inc. (RSSDID: 3228681, Location: Alamosa, CO)
Date Established: July 09, 2004
WWW: http://www.firstsouthwestbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
FDIC's unique #: 423296
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Agricultural lending institution: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Agricultural Specialization
Date of Deposit Insurance: July 09, 2004
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 Main Street, Alamosa, CO 81101
County: Alamosa
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Denver
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $245.8 mil
Equity capital: $27.6 mil
Deposits held in domestic offices: $207.4 mil
Return on assets (ROA): -0.06% (-$0.1 mil)
Quarterly return on assets: -0.17% (-$0.4 mil)
Return on Equity (ROE): -0.53% (-$0.1 mil)
Quarterly return on equity: -1.46% (-$0.4 mil)
Net income: -$0.1 mil
Quarterly Net income: -$0.1 mil
Pretax return on assets: -0.10% (-$245.8 mil)
Quarterly Pretax return on assets: 0.30% ($737.4 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
79Total employees (full-time equivalent)
$245,809Total assets
$31,264Cash and due from depository institutions
$22,168Interest-bearing balances
$15,247Securities
$12,100Federal funds sold & reverse repurchase agreements
$160,462Net loans & leases
$5,515Loan loss allowance
$0Trading account assets
$5,385Bank premises and fixed assets
$8,294Other real estate owned
$5,228Goodwill and other intangibles
$245,809Life insurance assets
$7,829All other assets
$218,184Total liabilities and capital
$207,423Total liabilities
$195,953Total deposits
$207,423Interest-bearing deposits
$89Deposits held in domestic offices
6286.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,091Trading liabilities
$0Other borrowed funds
$384Subordinated debt
$27,625All other liabilities
$27,625Total equity capital
$27,625Total bank equity capital
$0Perpetual preferred stock
$7,000Common stock
$21,318Surplus
$-693Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$14,277Income earned, not collected on loans
$185Earning assets
$1,556Long-term assets (5+ years)
$209,977Average Assets, year-to-date
$50,521Average Assets, quarterly
$240,540Volatile liabilities
$241,607Insider loans
$172,666FHLB advances
$231,373Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$22,397Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$42,928Restructured Loans and leases
$206Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$11,283Total interest income
$2,366Total interest expense
$8,917Net interest income
$1,497Provision for loan and lease losses
$605Total noninterest income
$0Fiduciary activities
$594Service charges on deposit accounts
$0Trading account gains & fees
$11Additional noninterest income
$8,260Total noninterest expense
$3,885Salaries and employee benefits
$1,221Premises and equipment expense
$3,154Additional noninterest expense
-$235Pre-tax net operating income
$0Securities gains (losses)
-$89Applicable income taxes
-$146Income before extraordinary items
$0Extraordinary gains - net
-$146Net income attributable to bank
$0Net charge-offs
-$146Cash dividends
$1,603Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.45%Yield on earning assets
1.14%Cost of funding earning assets
4.30%Net interest margin
0.29%Noninterest income to earning assets
3.99%Noninterest expense to earning assets
-0.06%Net operating income to assets
-0.06%Return on assets (ROA)
-0.10%Pretax return on assets
-0.53%Return on equity (ROE)
-0.53%Retained earnings to average equity (YTD only)
0.93%Net charge-offs to loans
93.39%Credit loss provision to net charge-offs
0.79%Efficiency ratio
83,659Assets per employee
3.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.32%Loss allowance to noncurrent loans
38.63%Noncurrent assets plus other real estate owned to assets
9.18%Noncurrent loans to loans
8.60%Net loans and leases to deposits
77.36%Net loans and leases to core deposits
85.06%Equity capital to assets
11.24%Core capital (leverage) ratio
9.68%Tier 1 risk-based capital ratio
12.97%Total risk-based capital ratio
Memoranda
$14Average assets
$240,540Average earning assets
$27,345Average equity
$207,153Average loans

List of branches

8 Colorado Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	423296	First Southwest Bank	720 Main Street, Alamosa, CO 81101	July 09, 2004	Full Service Brick and Mortar
1	195935	Center Branch	2060 East Highway 112, Center, CO 81125	May 04, 1994	Full Service Brick and Mortar
2	195956	The Saguache Facility	400 Fourth, Saguache, CO 81149	June 20, 1977	Full Service Brick and Mortar
4	195942	Del Norte Branch	555 Cedar Street, Del Norte, CO 81132	May 21, 1999	Full Service Brick and Mortar
5	361060	Alamosa Walmart Branch	3333 Clark Street, Alamosa, CO 81101	April 18, 2001	Full Service Retail
6	450365	Durango Branch	679 East 2nd Avenue, Durango, CO 81301	March 20, 2006	Full Service Brick and Mortar
7	463535	Cortez Branch	1510 East Main Street, Cortez, CO 81321	June 07, 2007	Full Service Brick and Mortar
8	463717	Navajo Trail Drive Branch	249 Navajo Trail Drive, Pagosa Springs, CO 81147	April 09, 2007	Full Service Brick and Mortar

First Southwest Bank in Alamosa, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Southwest Bank - 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:

First Southwest Bank in Alamosa, Colorado (CO)Overview, Financial Summary, Detailed Financial Reports, Branches

First Southwest Bank - 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:

First Southwest Bank in Alamosa, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches