Southwest National Bank
Albuquerque, NM · Owner: J M C Interests Inc
$37.2M
total assets, December 31, 1990
$37.2M
total assets, December 31, 1990
Southwest National Bank was a national bank in Albuquerque, NM, owned by J M C Interests Inc. It failed on Feb 21, 1991, and The Bank Of New Mexico, SPR took over its deposits. At its last report it held $37.2 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Feb 21, 1991
- Assets
- $37.2M
- Deposits
- $36.5M
- Estimated cost
- $4.7M
- Deposits went to
- The Bank Of New Mexico, SPR, Springer, NM
Total assets
$37.2M
-32.5% in a year · -13.2% in a quarter
Deposits
$36.5M
-25.5% in a year · -11.9% in a quarter
Loans
$20.7M
-44.0% in a year · -16.1% in a quarter
Profit so far
-$4.3M
Jan 1 to Dec 31, 1990
Capital ratio
-3.67%
-8.81 pts in a year
Return on assets
-9.28%
-7.52 pts in a year
Facts
- Type
- National bank
- Head office
- 6000 Menaul Boulevard, N.E., Albuquerque, NM, 87110
- County
- Bernalillo
- Holding company
- J M C Interests Inc
- Established
- Apr 22, 1975
- Failed
- Feb 21, 1991
- Employees
- 25
- Id
- b21985
Quarter by quarter
March 31, 1984 to December 31, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Southwest National Bank?
$37.2 million in total assets and $36.5 million in deposits as of December 31, 1990, with assets down 32.5% from a year before. Its loans were $20.7 million.
Is Southwest National Bank profitable?
No: it lost $4.27 million from January 1 to December 31, 1990. Its return on assets was -9.28% a year; about 1% is typical.
Who owns Southwest National Bank?
Southwest National Bank is owned by J M C Interests Inc, its holding company.
When did Southwest National Bank fail?
Feb 21, 1991. The Bank Of New Mexico, SPR of Springer, NM took over its deposits. The estimated cost of the failure was $4.69 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.