Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Community 1st Bank Las Vegas in Las Vegas, New Mexico (NM)
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Community 1st Bank Las Vegas - Overview

  • General
  • FDIC Certificate #: 16854
    Status: Active
    Federal Reserve ID: 768458
    Bank Holding Company (Regulatory Top Holder): Fnb Financial Corporation (RSSDID: 2921695, Location: Las Vegas, NM)
    Date Established: November 23, 1949
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 14210
    FDIC's unique #: 10953
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 23, 1949
    Last Structure Change Effective Date: June 27, 2011
    Last Structure Change Process Date: June 29, 2011
    Last Data Update: June 29, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 600 Douglas Ave, Las Vegas, NM 87701
    County: San Miguel
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Las Vegas, NM (#29780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $167.2 mil
    Equity capital: $17.1 mil
    Deposits held in domestic offices: $148.0 mil
    Return on assets (ROA): 1.07% ($1.8 mil)
    Quarterly return on assets: 1.61% ($2.7 mil)
    Return on Equity (ROE): 11.71% ($2.0 mil)
    Quarterly return on equity: 17.13% ($2.9 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.07% ($1,788.7 mil)
    Quarterly Pretax return on assets: 1.61% ($2,691.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $167,168Total assets
  • $4,128Cash and due from depository institutions
  • $235Interest-bearing balances
  • $40,501Securities
  • $4,250Federal funds sold & reverse repurchase agreements
  • $106,705Net loans & leases
  • $2,180Loan loss allowance
  • $0Trading account assets
  • $4,433Bank premises and fixed assets
  • $5,413Other real estate owned
  • $0Goodwill and other intangibles
  • $167,168Life insurance assets
  • $1,738All other assets
  • $150,084Total liabilities and capital
  • $148,002Total liabilities
  • $129,102Total deposits
  • $148,002Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 1082.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $756Trading liabilities
  • $0Other borrowed funds
  • $244Subordinated debt
  • $17,084All other liabilities
  • $17,084Total equity capital
  • $17,084Total bank equity capital
  • $0Perpetual preferred stock
  • $495Common stock
  • $8,076Surplus
  • $8,513Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,880Income earned, not collected on loans
  • $0Earning assets
  • $952Long-term assets (5+ years)
  • $151,691Average Assets, year-to-date
  • $44,338Average Assets, quarterly
  • $181,527Volatile liabilities
  • $182,561Insider loans
  • $104,121FHLB advances
  • $172,862Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,103Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,772Restructured Loans and leases
  • $4,724Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,743Total interest income
  • $2,229Total interest expense
  • $7,514Net interest income
  • $1,021Provision for loan and lease losses
  • $544Total noninterest income
  • $0Fiduciary activities
  • $237Service charges on deposit accounts
  • $0Trading account gains & fees
  • $307Additional noninterest income
  • $5,964Total noninterest expense
  • $2,427Salaries and employee benefits
  • $769Premises and equipment expense
  • $2,768Additional noninterest expense
  • $1,073Pre-tax net operating income
  • $862Securities gains (losses)
  • $0Applicable income taxes
  • $1,935Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,935Net income attributable to bank
  • $0Net charge-offs
  • $1,935Cash dividends
  • $2,401Sale, conversion, retirement of capital stock, net
  • $927Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.79%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 4.47%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.07%Pretax return on assets
  • 11.71%Return on equity (ROE)
  • 6.10%Retained earnings to average equity (YTD only)
  • 2.06%Net charge-offs to loans
  • 42.52%Credit loss provision to net charge-offs
  • 0.87%Efficiency ratio
  • 74,013Assets per employee
  • 2.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.91%Loss allowance to loans
  • 2.00%Loss allowance to noncurrent loans
  • 115.96%Noncurrent assets plus other real estate owned to assets
  • 4.36%Noncurrent loans to loans
  • 1.73%Net loans and leases to deposits
  • 72.10%Net loans and leases to core deposits
  • 76.92%Equity capital to assets
  • 10.22%Core capital (leverage) ratio
  • 8.74%Tier 1 risk-based capital ratio
  • 14.51%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $181,527Average earning assets
  • $16,518Average equity
  • $168,243Average loans

List of branches

  • 7 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010953Community 1st Bank Las Vegas600 Douglas Ave, Las Vegas, NM 87701November 23, 1949Full Service Brick and Mortar
    1239085Legion Park BranchSeventh Street And Legion Drive, Las Vegas, NM 87701September 13, 1973Full Service Brick and Mortar
    2239086Motor Branch520 Douglas Avenue, Las Vegas, NM 87701May 07, 1984Limited Service Facility
    3437152Mora BranchMain Street, Mora, NM 87732July 01, 2004Full Service Brick and Mortar
    4457666Wagon Mound Branch801 Nolan, Wagon Mound, NM 87752October 23, 2006Full Service Brick and Mortar
    5457667Roy Branch405 Chicosa, Roy, NM 87743October 23, 2006Full Service Brick and Mortar
    6493115Santa Rosa Branch109 S. 4th Street, Santa Rosa, NM 88435October 24, 2008Full Service Brick and Mortar

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