Bank of the Southwest: how it compares with its peers
Against 10 NM banks with half to twice its assets, Bank of the Southwest's strongest measure in Q2 2026 is net interest margin (6.92% vs. a 4.54% peer median). Its weakest relative measure is efficiency ratio (82.53% vs. 49.99%).
| Measure | Bank of the Southwest | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.07% | 1.93% | Bottom third Ahead of 10% of peers |
| Net interest margin Annualized net interest income over earning assets. | 6.92% | 4.54% | Top third Ahead of 100% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 82.53% | 49.99% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $2.2M | $8.3M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 75.64% | 53.50% | Context |
What it means for lending operations
Its efficiency ratio of 82.53% is above the 49.99% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- First New Mexico Bank, Las Cruces Las Cruces, NM · $172M
- First State Bank Socorro, NM · $188M
- American Heritage Bank Clovis, NM · $153M
- First New Mexico Bank of Silver City Silver City, NM · $147M
- Main Bank Albuquerque, NM · $245M
- First New Mexico Bank Deming, NM · $275M
Questions about Bank of the Southwest
How big is Bank of the Southwest?
Bank of the Southwest, established in 1930, is headquartered in Roswell, NM. It reported $176M in total assets in its Q2 2026 FDIC call report and operates 13 offices.
What is Bank of the Southwest's return on assets?
1.07% annualized in Q2 2026, against a 1.93% median for 10 NM banks with half to twice its assets, ahead of 10% of them.
What is Bank of the Southwest's efficiency ratio?
82.53% in Q2 2026: it spent about 83 cents in noninterest expense for each dollar of revenue. The peer median is 49.99%, and lower is better.
Is Bank of the Southwest growing its loans?
Net loans grew 6.2% over the year to Q2 2026, while deposits shrank 4.5%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NM banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New Mexico bank ranked.