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Southwest Bank

Odessa, TX · Cert 16652 · Odessa SW Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$693.7MAssets
$500.1MLoans
$610.6MDeposits
$73.7MEquity
Loan mix
58%RE $281.8M41%C&I $199.6M0%Consumer $2.1MQ2 2025Q2 2026
Deposit mix
44%Interest-bearing $268.4M56%Noninterest $342.2MQ2 2025Q2 2026

NIM

6.75%Q2 ’246.47%Q2 ’256.09%Q2 ’26-4%-7%

Non-interest income vs. expense

3.64%Q2 ’243.53%Q2 ’253.95%Q2 ’26-2%+15%

Market Position · Odessa, TX · 2026 SOD (annual) · 11.4% share · #2 of 18 inst. · $0.5B of $4.0B

11.4% Ector
1.0% Midland
0.5% Lubbock

Executive Summary

  • Earnings: ROA of 1.53%, up 49 bps year over year; NIM at 5.28%.
  • Asset quality: problem loans at 0.34% of loans (-46 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 11.33%, up 9 bps from a year ago.
  • Funding: loans stand at 81.90% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

1.53%+49 bps YoY

Net Interest Margin (quarter, annualized)

5.28%-40 bps YoY

Efficiency Ratio (quarter, annualized)

64.03%+1,023 bps YoY

Tier 1 Leverage Ratio

11.33%+9 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.04%1.44%1.74%1.52%1.53%+49 bps
Return on Equity10.27%13.91%16.44%14.49%14.54%+428 bps
Net Interest Margin5.69%5.71%5.17%5.07%5.28%-40 bps
Efficiency Ratio53.80%54.72%61.52%63.32%64.03%+1,023 bps
Non-Interest Burden2.66%2.72%2.74%2.88%3.06%+40 bps
Growth
Asset Growth (YoY)10.47%1.76%3.62%-3.28%-4.55%-1,502 bps
Loan Growth (YoY)2.98%2.42%-1.76%-0.12%-0.08%-306 bps
Deposit Growth (YoY)10.15%0.94%3.33%-3.70%-5.67%-1,582 bps
Asset Quality
Nonperforming Loans / Loans0.80%3.04%2.75%2.38%0.34%-46 bps
Net Charge-Offs / Loans-0.06%0.00%4.96%0.03%0.00%+6 bps
Allowance / Loans3.09%3.52%2.39%2.51%2.52%-57 bps
Allowance Coverage of NPLs3.9x1.2x0.9x1.1x7.4x+3.5x
Capital
Tier 1 Leverage Ratio11.25%11.55%11.35%11.24%11.33%+9 bps
Total Risk-Based Capital11.25%11.55%11.35%11.24%11.33%+9 bps
Equity / Assets10.06%10.61%10.57%10.43%10.62%+56 bps
Liquidity & Funding
Loans / Deposits77.32%77.34%77.66%78.44%81.90%+458 bps
Liquid Assets / Assets13.61%13.73%7.48%9.92%4.07%-954 bps
CRE / Total Capitaln/a269%292%291%n/an/a