Southwest Heritage Bank
Scottsdale, Arizona · FDIC Cert #29087
Southwest Heritage Bank is an FDIC-insured bank (Certificate #29087) with $918M in total assets and $775M in total deposits as of the Q2 2024 Call Report. Headquartered in Scottsdale, Arizona, the bank maintains a Tier 1 capital ratio of 12.36% (Well-Capitalized) and a nonperforming loan ratio of 0.61%. BankHealthData assigns a composite Health Grade of C (62/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Southwest Heritage Bank (FDIC cert 29087) is a community bank — $918M in total assets, $775M in deposits, serving the Scottsdale, Arizona area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 12.36% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is normal: non-performing loan ratio of 0.61% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 12.5% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is negative: ROA of -0.95% means the bank lost money during the reporting period. Sustained negative ROA erodes capital and triggers escalating regulatory attention. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. Southwest Heritage Bank carries a composite BankHealth grade of C (62/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Southwest Heritage Bank
- Total Assets
- $918M
- Total Deposits
- $775M
- Tier 1 Capital Ratio
- 12.36%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.61%
- Liquidity Ratio
- 12.46%
- Return on Assets
- -0.95%
- Headquarters
- Scottsdale, Arizona
- FDIC Certificate
- #29087
- Health Grade
- C (62/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Southwest Heritage Bank holds a Tier 1 capital ratio of 12.36%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Southwest Heritage Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Southwest Heritage Bank shows average financial health. While not alarming, its Health Score of 62/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Southwest Heritage Bank Compares
Southwest Heritage Bank’s Health Score of 62 is 2 points above the Arizona state average of 60 across 14 FDIC-insured banks. Its 12.36% Tier 1 capital ratio is 1.6 points below the US banking industry average near 14%. The 0.61% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of -0.95% is below the national ROA benchmark of ~1.1%. Among 1092 similarly-sized banks, the average Health Score is 71, meaning this bank ranks below its size cohort. Site-wide, Southwest Heritage Bank is 8 points below the portfolio average of 70.
Frequently Asked Questions
Southwest Heritage Bank has a Bank Health Score of C (62/100), placing it in average financial health. It holds a Tier 1 capital ratio of 12.36%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Southwest Heritage Bank's Tier 1 capital ratio of 12.36% and nonperforming loan ratio of 0.61% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Southwest Heritage Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #29087). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Southwest Heritage Bank holds $918M in total assets and $775M in total deposits. It is headquartered in Scottsdale, Arizona (FDIC Certificate #29087).
Southwest Heritage Bank has a Tier 1 capital ratio of 12.36%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.61%, and the return on assets is -0.95%.
Yes. Southwest Heritage Bank is FDIC-insured (Certificate #29087). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Southwest Heritage Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.