Bank of the Southwest

New Mexico – Chaves – Roswell

(NM) Commercial bank, state charter and Fed nonmember

active

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

2247

1930

FDIC Certificate Number: 2247
FDIC's unique number: 1494
The FDIC Field Office where an institution is physically located: Albuquerque

Federal Reserve ID Number: 499752
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 14
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03

1930-03-18 Institution established. Original name: Hot Springs National Bank.
1977-06-01 Changed trust powers from Full Trust Powers Granted to Trust Powers Terminated.
1978-06-02 Changed name to Western Bank .
1989-04-26 Changed name to Firstbank Truth Or Consequences, New Mexico .
1992-11-17 Changed name to Bank Of The Southwest .
1993-08-27 Acquired Firstbank, Farmington, New Mexico in Farmington, New Mexico.
1995-01-09 Moved bank headquarters from Truth Or Consequences, New Mexico to Roswell, New Mexico.

Total assets: $151,037,000
Total deposits: $132,345,000
Deposits held in domestic offices: $132,345,000
Equity capital: $13,280,000

Net income: $818,000

Return on Assets: 1.08
Return on Equity: 12.24
Last updated on: 2011-10-20

Bank Holding Company: New Mexico National Financial Incorporated

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Profile ID: LFUS-BAB-P-25614

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