FirstBank Southwest in Amarillo, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • FirstBank Southwest in Amarillo, Texas (TX)
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FirstBank Southwest - Overview

  • General
  • FDIC Certificate #: 3387
    Status: Active
    Federal Reserve ID: 840363
    Bank Holding Company (Regulatory Top Holder): Firstperryton Bancorp, Inc. (RSSDID: 1108707, Location: Perryton, TX)
    Date Established: January 01, 1907
    WWW: http://www.fbsw.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    FDIC's unique #: 2202
    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 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2401 South Georgia, Amarillo, TX 79120
    County: Potter
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Lubbock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Amarillo, TX (#320)
    Core Based Statistical Area (CBSA): Amarillo, TX (#11100)
    CBSA Metro Statistical Area: Amarillo, TX (#11100)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $825.3 mil
    Equity capital: $64.6 mil
    Deposits held in domestic offices: $749.6 mil
    Return on assets (ROA): 1.30% ($10.7 mil)
    Quarterly return on assets: 1.34% ($11.1 mil)
    Return on Equity (ROE): 13.13% ($8.5 mil)
    Quarterly return on equity: 14.47% ($9.4 mil)
    Net income: $10.0 mil
    Quarterly Net income: $2.7 mil
    Pretax return on assets: 1.30% ($10,729.4 mil)
    Quarterly Pretax return on assets: 1.34% ($11,059.5 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
  • 176Total employees (full-time equivalent)
  • $825,338Total assets
  • $140,893Cash and due from depository institutions
  • $119,547Interest-bearing balances
  • $264,361Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $370,593Net loans & leases
  • $3,483Loan loss allowance
  • $0Trading account assets
  • $16,926Bank premises and fixed assets
  • $270Other real estate owned
  • $3,041Goodwill and other intangibles
  • $825,338Life insurance assets
  • $29,254All other assets
  • $760,695Total liabilities and capital
  • $749,575Total liabilities
  • $510,499Total deposits
  • $749,575Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,098Trading liabilities
  • $0Other borrowed funds
  • $8,022Subordinated debt
  • $64,643All other liabilities
  • $64,643Total equity capital
  • $64,643Total bank equity capital
  • $0Perpetual preferred stock
  • $1,500Common stock
  • $40,240Surplus
  • $22,903Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,284Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $362Income earned, not collected on loans
  • $0Earning assets
  • $2,870Long-term assets (5+ years)
  • $754,501Average Assets, year-to-date
  • $50,261Average Assets, quarterly
  • $773,980Volatile liabilities
  • $796,286Insider loans
  • $459,246FHLB advances
  • $791,375Loans and leases held for sale
  • $19,723Unused loan commitments
  • $16,958Tier 1 (core) risk-based capital
  • $58,982Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,765Total unused commitments
  • $129,665Restructured Loans and leases
  • $6,502Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,948Total interest income
  • $2,590Total interest expense
  • $22,358Net interest income
  • $0Provision for loan and lease losses
  • $6,275Total noninterest income
  • $546Fiduciary activities
  • $2,272Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,457Additional noninterest income
  • $18,587Total noninterest expense
  • $10,877Salaries and employee benefits
  • $3,075Premises and equipment expense
  • $4,635Additional noninterest expense
  • $10,046Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $10,046Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,046Net income attributable to bank
  • $0Net charge-offs
  • $10,046Cash dividends
  • $55Sale, conversion, retirement of capital stock, net
  • $23,416Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.52%Yield on earning assets
  • 0.37%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 2.62%Noninterest expense to earning assets
  • 1.30%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 13.13%Return on equity (ROE)
  • -17.48%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 182.65%Efficiency ratio
  • 64,768Assets per employee
  • 4.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 233.09%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 962.15%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 49.44%Net loans and leases to core deposits
  • 52.35%Equity capital to assets
  • 7.83%Core capital (leverage) ratio
  • 7.45%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $773,980Average earning assets
  • $76,495Average equity
  • $708,664Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $149,413Managed Assets
  • 1Number of Accounts
  • $97,878Personal trust and agency accounts
  • $91,616Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $1,740Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,118Other fiduciary accounts
  • $3,404Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 137Number of Accounts
  • $0Personal trust and agency accounts
  • $1,740Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $51,535Other retirement accounts
  • $48,890Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $2,645Fiduciary accounts held in foreign offices

List of branches

  • 9 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02202Firstbank Southwest2401 South Georgia, Amarillo, TX 79120January 01, 1907Full Service Brick and Mortar
    17815Booker Branch115 South Main Street, Booker, TX 79005January 01, 1924Full Service Brick and Mortar
    211458Perryton Branch201 South Main Street, Perryton, TX 79070August 01, 1955Full Service Brick and Mortar
    49996Pampa Branch300 West Kingsmill Street, Pampa, TX 79065May 27, 1940Full Service Brick and Mortar
    62100Hereford Branch300 North Main Street, Hereford, TX 79045October 23, 1900Full Service Brick and Mortar
    7196385Crossroads Branch5701 W 34th Avenue, Amarillo, TX 79109October 01, 1998Full Service Brick and Mortar
    8334432Sleepy Hollow Branch7420 Sw 45th Syreet, Amarillo, TX 79119November 15, 1999Full Service Brick and Mortar
    913022Western Banking Center Branch4241 West 45th Street, Amarillo, TX 79109August 14, 1964Full Service Brick and Mortar
    10494009Gem Lake Branch5725 West Amarillo Blvd., Amarillo, TX 79106August 01, 2009Full Service Brick and Mortar

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