Since 1983, BauerFinancial, Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry. Through the years, BauerFinancial has earned the respect of regulators, bankers and consumers as “the nation’s bank rating service”.
Performance You Can Trust
Southwest Heritage Bank has received an Excellent rating by BauerFinancial. This achievement reflects our commitment to providing a safe and secure place to save and manage money, as well as our dedication to prioritizing our customers’ best interests.
View the Southwest Heritage Bank rating on BauerFinancial.
Star Rating Definitions:
5 Stars – Superior (These institutions are recommended by BauerFinancial.)
4 Stars – Excellent (These institutions are recommended by BauerFinancial.)
3 ½ Stars – Good
3 Stars – Adequate
2 Stars – Problematic
1 Star – Troubled
Zero Stars – Lowest Rating
N.R. (Note Rated) - Credit Unions that either: have less than 1.5$ million in assets, are not NCUA insured or are too new to rate.
FDIC/RSLVD - Institution has failed and/or is operating under FDIC conservatorship.
Financial data is compiled for U.S. banks and thrifts from call report data as reported to federal regulators. Although the financial data obtained from these sources is consistently reliable, the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. CEO names and addresses are subject to change. While our staff makes every effort to ensure that these are current, the accuracy and completeness cannot be guaranteed by BauerFinancial.
All institutions are subject to federal regulatory capital requirements, but those requirements vary among institutions and are dependent on many factors. In general, banks are required to maintain a leverage capital ratio of at least 4%, a tier 1 risk-based capital ratio of at least 6% and a total risk-based capital ratio of at least 8%.
In addition to the capital ratio, other criteria are used to determine the BauerFinancial™ Star-Rating. Some of these include but are not limited to: profitability/loss trend, evaluating the level of delinquent loans, chargeoffs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA), historical data and liquidity.
For more information about BauerFinancial or what they do, we encourage you to visit their website.