# BANK OF THE SOUTHWEST
ROSWELL, NM · FDIC certificate 2247 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $176.3M | |
| Deposits | $159.0M | |
| Loans and leases | $121.6M | |
| Total equity | $17.0M | |
| Loans / deposits | 75.64% (p54 of band) | 73.59% |
| Liquid assets / assets | 28.03% (p39 of band) | |
| Uninsured deposits / deposits | 30.39% (p82 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.36% (p15 of band) | 11.76% |
| Unrealized securities loss / equity | -0.69% (p80 of band) | -6.57% |
| AOCI / equity | 0.00% (p78 of band) | |
| ROA (annualized) | 1.07% (p44 of band) | 1.17% |
| Net interest margin | 6.92% (p100 of band) | 3.93% |
| Efficiency ratio | 82.53% (p82 of band) | |
| Noncurrent loans | 0.73% (p64 of band) | 0.36% |
| Net charge-offs (annualized) | 0.05% (p81 of band) | |
| Reserve coverage of noncurrent | 149.21% | |
| Real estate % of loans | 77% | |
| Construction % of loans | 37.00% (p70 of band) | |
| Auto loans | $2.8M (2.28% of loans; DQ 0.32%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -4.5% | |
| Employees | 82 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 0 |  | reserve under noncurrent |
| 2011-12 | 0 |  |  |
| 2012-03 | 2 | capital falling, construction >100% equity |  |
| 2012-06 | 3 | reserve under noncurrent |  |
| 2012-09 | 1 |  | capital falling, construction >100% equity |
| 2012-12 | 0 |  | reserve under noncurrent |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | reserve under noncurrent |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 2 | capital falling |  |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2015-09 | 5 | charge-offs p90 |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 3 |  | reserve under noncurrent, charge-offs p90 |
| 2016-06 | 3 |  |  |
| 2016-09 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2016-12 | 3 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2017-03 | 1 |  | deposits shrinking, assets shrinking |
| 2017-06 | 0 |  | uninsured deposits leaving |
| 2017-09 | 2 | liquid assets <10%, reserve under noncurrent |  |
| 2017-12 | 2 | capital falling | reserve under noncurrent |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 | charge-offs p90 | liquid assets <10% |
| 2018-12 | 2 | loans exceed deposits, liquid assets <10% | capital falling, charge-offs p90 |
| 2019-03 | 1 |  | loans exceed deposits |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | liquid assets <10% |
| 2019-12 | 1 | capital falling |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | leverage <7% |  |
| 2022-03 | 0 |  | capital falling, leverage <7% |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | deposits shrinking |  |
| 2023-03 | 3 | charge-offs p90, assets shrinking |  |
| 2023-06 | 1 |  | deposits shrinking, assets shrinking |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | deposits shrinking, assets shrinking | charge-offs p90 |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | assets shrinking |
| 2024-09 | 3 | assets shrinking, uninsured deposits leaving |  |
| 2024-12 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | capital falling |  |
| 2026-03 | 2 | deposits shrinking, assets shrinking | capital falling |
| 2026-06 | 0 |  | deposits shrinking, assets shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-27 [El Paso credit union wins approval to purchase Roswell-based Bank of the Southwest - Albuquerque Journal](https://news.google.com/rss/articles/CBMixAFBVV95cUxNTEVCSS1pSVBVb3hieV8tb2RkNC1oWGVCbTBlRlIxcE5xMlZqdWsxNWhicUVFR1NWNkpQcWNMQTZfN2hmQUNmN0puUEtDdDRwQmprdDM2dndDLVYwY3hpOVVWc19YMHRDa0liTEJZdlJvS3ZuM0pHZ094MUpnb244T19FNmhUVXlRYkZTU2I2Q290QU40NkxUOGxBY3Q1YW5rd2h0YmMwQmRJN01HbHNXVWsydFp5NTNzcWZ0dWlRa1ZXenVX?oc=5) · Albuquerque Journal
- 2026-08-28 [El Paso-based credit union gets approval to acquire New Mexico's Bank of the Southwest - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOdTZKN1hMSzJ2U2RnR2xhV2Z4S1didFY4eDRtUkx1Z3p5eHc2Z2JaajlYc1BJV29UZXR2WWFHc1Vza0ZtUkhCM2dJWFJ3N25PWm5VYkUyTE5WeWJKQU9fdTZhcGlrbFFqM3YtMlIzTHI4SEt1aHVJY2lydUM4RkJWX2ZZMjJqZXUzTkJSa0lRZkRUQW9rLVVNVlpKNlNEOGtCVEJZdUg1bTU?oc=5) · The Business Journals
- 2026-09-03 [GECU Federal Credit Union to acquire Bank of the Southwest - ATM Marketplace](https://news.google.com/rss/articles/CBMimwFBVV95cUxQWF9SVFYxaHJRdE0xYWVNQ2ZlTVFDeXZFdFlEUVV6OVJET0VxTExqbE55X3doTWYzaEFDM3UzOG40NUdEMGJNUGFqTW9IczAxT2w2Wk4tZmNvcndZUTM4aTBBb1ZWOUJRTzUxUXVkR3VQUHNielVzVDR5bnBueWRBWXFaenFDVUxTT1l2MktBWHR2Ml9SUmgyaTNkVQ?oc=5) · ATM Marketplace
- 2026-08-27 [GECU to acquire Bank of the Southwest - KVIA](https://news.google.com/rss/articles/CBMihgFBVV95cUxQVjl2VkRpelNDUjdNbi1lVWZ5MUpmdkxHdkRmb0VKQlg1Y2t4aklaZlNWUzFGRFBRUEx2UVRDN3p5Y2hXb2RBOHVQM21DVnZ1UmdhREhoS1FtR1dnZ0JzdGd3SElpd2RqakJJNVpUQ1ZUVkV0MEVBUWhuZGszR043NjBTbWFxUQ?oc=5) · KVIA
- 2026-08-27 [GECU Receives Regulatory Approval to Acquire Bank of the Southwest - PR Newswire](https://news.google.com/rss/articles/CBMivwFBVV95cUxNUXZkNktINXdSY1kzOXNENG1LVDhJMHNxT1BZQVNtRDA3X040RDRuSW11MHZBSFNZUDQ2YVZHZzFNLS1jX0tPM0NSd1dSUlI3X0ZjLVBWckpoN0UtWlJXWGd6VUxIdUoxd01OZ2hsUDVyNmFHTWxsVXQyc0NPamd4TnktNzdnWG5wV1A5RGstWWNIWHg4OUllLTRHczV4R1I1QTU2Y3JZTlh0Wi1EZHVmR0ZvUklUSWI5WktmaFlfTQ?oc=5) · PR Newswire
- 2025-11-17 [GECU announces intent to acquire Bank of the Southwest, expand in New Mexico - CUInsight](https://news.google.com/rss/articles/CBMitwFBVV95cUxQODJmTUhnaVpkeEVPRmNCMk40dW1vdmttTUVtdG5zSmQ2azh4RXlmTHVkMG5iUWJmeU1tUkpwY1p5Y3V5VDdoUHJNNEhoempwN2M0V25jTlN3ZGpHZXVuc3NnNGVkdE10RGUxcmdXdWZ0dGlqeC1nSGoySG9OUGRybTBvQVp3Z2kzV01leW80ekRuYnBPYS1HYkxOZm1SVmcwYXluRG0xWTMzU2x2a0hWYzZaM2xHMVU?oc=5) · CUInsight
- 2025-11-18 [El Paso credit union to buy 11-branch bank - Banking Dive](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOdUdFMjBLWkx1cHl1UXZveWNXSUtNZWwzeFlpdzM1LXp3WEhEb0k0UzZXWk95eEZPNGgybVpJVVpnVDJPNno1WWlvbUNTUmJCY1pTc3V6dEFINVhCT2ViRFJERHpvSVpWS2FUUnJBck4yYmhtV2NfdVlGT1NrbVJMTXpoMUFtam9TenRR?oc=5) · Banking Dive
- 2025-12-23 [Bank of the Southwest bought out - Roswell Daily Record](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNZnFUYkJGMFMzd3NEcHBlY21fc0E5S0d0czlydy1uMzBDMExTTWJOa1VGSVUyNUE2UkZKYXZjeC1xZmZsMkdYTDlJLWRRUHhYSjZBQWxMQzJqNm1VSmxheFI0VE16RTBlQ3RDMUtfYUdmUnQweFRMb3NaamxrUGlfVldKWjlWREx1eXJEY2ZuZWNNY3EwLVk5R0ZDYjZQcU5RdDFCZlNuMDZLRE1aRmNHQ1hkeGR1MU1S?oc=5) · Roswell Daily Record

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2247 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/7.json (key "2247", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide