FirstBank Southwest
Amarillo, Texas, Potter County
$1.9B in total assets, the 646th largest of 4,309 US banks and 55th of 352 headquartered in Texas.
- FDIC certificate
- 3387
- Established
- 1907
- Owned by
- Firstperryton Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.fbsw.com
At a glance
Compared with 77 banks headquartered in Texas with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.9B | 47% | $2.2B | |
| Loans | $1.3B | 49% | $1.3B | |
| Deposits | $1.7B | 48% | $1.8B | |
| Return on assets | 1.36% | 38% | 1.54% | |
| Net interest margin | 3.90% | 47% | 3.96% | |
| Efficiency ratio | 67.3% | 74% | 57.5% | |
| Equity to assets | 9.51% | 31% | 10.77% | |
| Loans to deposits | 79% | 48% | 80% |
Growth
Total assets grew 8.2% a year over the last 5 years and 7.5% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2006 | Western National Bank Amarillo, TX | $34M |
| Aug 1995 | The First National Bank of Hereford Hereford, TX, an affiliate under the same holding company | $84M |
| Aug 1995 | Citizens Bank and Trust Company Pampa, TX, an affiliate under the same holding company | $68M |
| Aug 1995 | FirstBank Southwest Amarillo, TX, an affiliate under the same holding company | $115M |
| Dec 1986 | First Bank & Trust Co. Booker, TX | $95M |
Where they operate
11 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Potter County, TX | $733M | 9.3% | 2 of 12 |
| Ochiltree County, TX | $335M | 42.3% | 1 of 4 |
| Gray County, TX | $284M | 60.4% | 1 of 5 |
| Deaf Smith County, TX | $167M | 28.4% | 3 of 5 |
| Randall County, TX | $90M | 2.5% | 7 of 14 |
| Lipscomb County, TX | $62M | 53.9% | 1 of 3 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 2 branches since 2016 (9 to 11, +22.2%). 4 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 9 | |||
| 2019 | Opened AmarilloClosed Amarillo | 1 | 1 | 0 | 9 |
| 2021 | Opened Amarillo and Pampa | 2 | 0 | +2 | 11 |
| 2022 | Closed Pampa | 0 | 1 | −1 | 10 |
| 2026 through Q2 | Opened Canyon | 1 | 0 | +1 | 11 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 32% | 39% | |
| Business (C&I) | 20% | 15% | |
| Construction and land | 15% | 13% | |
| 1-4 family residential | 15% | 20% | |
| Agricultural | 7% | 1% | |
| Farmland | 4% | 3% | |
| Multifamily | 3% | 3% | |
| Consumer | 2% | 2% | |
| Other | 2% | 4% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 48% | 48% | |
| Time deposits | 33% | 26% | |
| Noninterest-bearing | 19% | 26% |
Brokered deposits are 0.0% of deposits (peers 4.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.41% | 0.46% |
| Net charge-offs, annualized | 0.13% | 0.04% |
| Reserves to loans | 1.18% | 1.20% |
| Leverage ratio | 11.16% | 10.79% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Texas
Largest competitors in Potter County, TX
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/firstbank-southwest