Bank of the Southwest is a state-chartered bank headquartered in Roswell, New Mexico, in business for about 96 years. At the end of Q2 2026 it reported $176.3M in total assets and $159.0M in deposits, with 13 offices.
Bank of the Southwest has a TellerScore of 64 out of 100 (moderate) based on Q2 2026 data — higher than only 26% of its 2,650 banks with $100 million – $1 billion. Among 29 banks headquartered in New Mexico, it ranks 23rd. Problem-loan coverage contributes the most (86/100, 7.1%); capital cushion contributes the least (44/100, 9.36%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 15 points (79 → 64), mostly because the earnings component weakened by 37 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 79 |
| Q3 2024 | 78 |
| Q4 2024 | 78 |
| Q1 2025 | 79 |
| Q2 2025 | 79 |
| Q3 2025 | 74 |
| Q4 2025 | 75 |
| Q1 2026 | 68 |
| Q2 2026 | 64 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 9.83% |
| Q3 2024 | 9.37% |
| Q4 2024 | 9.50% |
| Q1 2025 | 9.46% |
| Q2 2025 | 9.63% |
| Q3 2025 | 9.29% |
| Q4 2025 | 9.17% |
| Q1 2026 | 9.57% |
| Q2 2026 | 9.36% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.13% |
| Q3 2024 | 0.12% |
| Q4 2024 | 0.14% |
| Q1 2025 | 0.12% |
| Q2 2025 | 0.08% |
| Q3 2025 | 0.50% |
| Q4 2025 | 0.24% |
| Q1 2026 | 0.42% |
| Q2 2026 | 0.73% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 2.20% |
| Q3 2024 | 2.37% |
| Q4 2024 | 2.36% |
| Q1 2025 | 2.16% |
| Q2 2025 | 2.15% |
| Q3 2025 | 2.21% |
| Q4 2025 | 1.94% |
| Q1 2026 | 1.15% |
| Q2 2026 | 1.07% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 64 | $176.3M | 9.36% | 0.73% | 1.07% | 75.6% |
| Q1 2026 | 68 | $174.8M | 9.57% | 0.42% | 1.15% | 76.5% |
| Q4 2025 | 75 | $181.0M | 9.17% | 0.24% | 1.94% | 72.3% |
| Q3 2025 | 74 | $186.8M | 9.29% | 0.50% | 2.21% | 68.2% |
| Q2 2025 | 79 | $184.2M | 9.63% | 0.08% | 2.15% | 68.0% |
| Q1 2025 | 79 | $186.0M | 9.46% | 0.12% | 2.16% | 65.9% |
| Q4 2024 | 78 | $177.3M | 9.50% | 0.14% | 2.36% | 70.8% |
| Q3 2024 | 78 | $180.5M | 9.37% | 0.12% | 2.37% | 70.6% |
| Q2 2024 | 79 | $177.6M | 9.83% | 0.13% | 2.20% | 70.1% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in New Mexico
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First New Mexico Bank, Las CrucesBank Las Cruces, NM | 68 out of 100, Moderate | $171.9M | 13.1% | 2.31% | vs |
| First State BankBank Socorro, NM | 84 out of 100, Strong | $188.0M | 14.3% | 0.03% | vs |
| American Heritage BankBank Clovis, NM | 83 out of 100, Strong | $153.2M | 11.1% | 0.22% | vs |
| First New Mexico Bank of Silver CityBank Silver City, NM | 95 out of 100, Very strong | $147.5M | 14.3% | 0.16% | vs |
| Main BankBank Albuquerque, NM | 82 out of 100, Strong | $245.2M | 11.5% | 0.00% | vs |
| First New Mexico BankBank Deming, NM | 91 out of 100, Very strong | $275.1M | 14.7% | 0.16% | vs |
Deposit insurance
Is my money safe at Bank of the Southwest?
Yes. Bank of the Southwest is an FDIC-insured institution (FDIC certificate #2247). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 30.4% of deposits ($48.3M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 9.36%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.20% (benchmark: 10%).
13 locations
Branches
Bank of the Southwest lists 11 offices in 8 cities. Most locations:
- Roswell, NM (3)
- Farmington, NM (2)
- Bloomfield, NM (1)
- Elephant Butte, NM (1)
- Hatch, NM (1)
- Kirtland, NM (1)
- Las Cruces, NM (1)
- Truth Or Consequences, NM (1)
HMDA 2025
Mortgage lending
In 2025, Bank of the Southwest reported 71 home-loan applications under HMDA (LEI 254900CUL2SYJXAEFW91): 51 originated ($8,455,000 total), 10 denied, and 10 withdrawn or closed by the applicant. Its denial rate on decided applications was 16.4%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Bank of the Southwest
- Former names
- Western Bank; Hot Springs National Bank; FirstBank Truth or Consequences, New Mexico
- Type
- State-chartered bank
- FDIC certificate #
- 2247
- RSSD ID
- 499752
- Primary regulator
- FDIC
- Holding company
- New Mexico Natl Finl Inc
- Established
- March 18, 1930
- Headquarters
- 226 N Main St, Roswell, NM 88201
- Website
- www.bankofsw.com
- Employees
- 82
Quick answers
Bank of the Southwest: common questions
Is Bank of the Southwest FDIC insured?
Yes. Bank of the Southwest is an FDIC-insured institution (FDIC certificate #2247). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Bank of the Southwest's TellerScore?
64 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Bank of the Southwest ever failed?
There is no failure record for FDIC certificate #2247 in the FDIC failed bank list.
How many branches does Bank of the Southwest have?
13 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Roswell
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Chaves County School Employees Credit UnionCredit union Roswell, NM | 100 out of 100, Very strong | $40.1M | 20.9% | 0.00% | vs |
| Otero Federal Credit UnionCredit union Alamogordo, NM | 95 out of 100, Very strong | $535.3M | 15.5% | 0.26% | vs |
| Roswell Community Federal Credit UnionCredit union Roswell, NM | 83 out of 100, Strong | $50.3M | 16.8% | 1.39% | vs |
| First American BankBank Artesia, NM | 80 out of 100, Strong | $1.9B | 11.8% | 0.53% | vs |
| Pioneer BankBank Roswell, NM | 73 out of 100, Strong | $1.1B | 12.3% | 1.71% | vs |
| The James Polk Stone Community BankBank Portales, NM | 66 out of 100, Moderate | $443.8M | 10.0% | 1.41% | vs |