SouthwestUSA Bank
Las Vegas, NV · Owner: Southwestusa Corp
$204M
total assets, June 30, 2010
$204M
total assets, June 30, 2010
SouthwestUSA Bank was a state nonmember bank in Las Vegas, NV, owned by Southwestusa Corp. It failed on Jul 23, 2010, and Plaza Bank took over its deposits. At its last report it held $203.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 23, 2010
- Assets
- $204M
- Deposits
- $184M
- Estimated cost
- $86.3M
- Deposits went to
- Plaza Bank, Irvine, CA
Total assets
$204M
-8.5% in a year · -4.8% in a quarter
Deposits
$184M
+0.8% in a year · -1.5% in a quarter
Loans
$156M
-16.6% in a year · -8.2% in a quarter
Profit so far
-$8.4M
Jan 1 to Jun 30, 2010
Capital ratio
0.72%
-8.95 pts in a year
Return on assets
-7.88%
-4.53 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4043 South Eastern Avenue, Las Vegas, NV, 89119
- County
- Clark
- Holding company
- Southwestusa Corp
- Established
- May 3, 2001
- Failed
- Jul 23, 2010
- Employees
- 30
- Branches
- 1
- Id
- b35434
Quarter by quarter
June 30, 2001 to June 30, 2010
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 SouthwestUSA Bank?
$203.7 million in total assets and $184.0 million in deposits as of June 30, 2010, with assets down 8.5% from a year before. Its loans were $155.7 million.
How many branches does SouthwestUSA Bank have?
1 branch in Nevada as of June 30, 2026.
Is SouthwestUSA Bank profitable?
No: it lost $8.35 million from January 1 to June 30, 2010. Its return on assets was -7.88% a year; about 1% is typical.
Who owns SouthwestUSA Bank?
SouthwestUSA Bank is owned by Southwestusa Corp, its holding company.
When did SouthwestUSA Bank fail?
Jul 23, 2010. Plaza Bank of Irvine, CA took over its deposits. The estimated cost of the failure was $86.3 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.