First National Bank in Alamogordo, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


First National Bank - Overview

  • General
  • FDIC Certificate #: 17643
    Status: Active
    Federal Reserve ID: 823450
    Bank Holding Company (Regulatory Top Holder): First Alamogordo Bancorp Of Nevada, Inc. (RSSDID: 2522337, Location: Alamogordo, NM)
    Date Established: August 23, 1956
    WWW: http://www.fnb4u.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 13830
    FDIC's unique #: 11608
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 23, 1956
    Last Structure Change Effective Date: July 07, 2011
    Last Structure Change Process Date: July 14, 2011
    Last Data Update: July 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 414 Tenth Street, Alamogordo, NM 88310
    County: Otero
    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): Alamogordo, NM (#10460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $309.1 mil
    Equity capital: $37.8 mil
    Deposits held in domestic offices: $270.3 mil
    Return on assets (ROA): 1.22% ($3.8 mil)
    Quarterly return on assets: 1.29% ($4.0 mil)
    Return on Equity (ROE): 10.51% ($4.0 mil)
    Quarterly return on equity: 10.25% ($3.9 mil)
    Net income: $3.7 mil
    Quarterly Net income: $1.0 mil
    Pretax return on assets: 1.22% ($3,770.6 mil)
    Quarterly Pretax return on assets: 1.29% ($3,986.9 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
  • 84Total employees (full-time equivalent)
  • $309,063Total assets
  • $39,774Cash and due from depository institutions
  • $31,479Interest-bearing balances
  • $150,014Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $108,158Net loans & leases
  • $1,884Loan loss allowance
  • $0Trading account assets
  • $7,940Bank premises and fixed assets
  • $156Other real estate owned
  • $0Goodwill and other intangibles
  • $309,063Life insurance assets
  • $3,021All other assets
  • $271,271Total liabilities and capital
  • $270,291Total liabilities
  • $194,837Total deposits
  • $270,291Interest-bearing deposits
  • $76Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $60Trading liabilities
  • $0Other borrowed funds
  • $920Subordinated debt
  • $37,792All other liabilities
  • $37,792Total equity capital
  • $37,792Total bank equity capital
  • $0Perpetual preferred stock
  • $1,700Common stock
  • $1,700Surplus
  • $34,392Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $457Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,119Income earned, not collected on loans
  • $0Earning assets
  • $1,306Long-term assets (5+ years)
  • $289,651Average Assets, year-to-date
  • $155,745Average Assets, quarterly
  • $307,113Volatile liabilities
  • $302,402Insider loans
  • $155,719FHLB advances
  • $302,612Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $33,255Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,264Restructured Loans and leases
  • $16Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,263Total interest income
  • $980Total interest expense
  • $11,283Net interest income
  • $28Provision for loan and lease losses
  • $2,426Total noninterest income
  • $0Fiduciary activities
  • $872Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,554Additional noninterest income
  • $10,171Total noninterest expense
  • $3,894Salaries and employee benefits
  • $1,373Premises and equipment expense
  • $4,904Additional noninterest expense
  • $3,510Pre-tax net operating income
  • $239Securities gains (losses)
  • $0Applicable income taxes
  • $3,749Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,749Net income attributable to bank
  • $0Net charge-offs
  • $3,749Cash dividends
  • -$162Sale, conversion, retirement of capital stock, net
  • $2,663Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.28%Yield on earning assets
  • 0.34%Cost of funding earning assets
  • 3.94%Net interest margin
  • 0.85%Noninterest income to earning assets
  • 3.55%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.22%Pretax return on assets
  • 10.51%Return on equity (ROE)
  • 3.04%Retained earnings to average equity (YTD only)
  • -0.15%Net charge-offs to loans
  • -17.28%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,192Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 71.03%Loss allowance to loans
  • 1.71%Loss allowance to noncurrent loans
  • 168.36%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 1.02%Net loans and leases to deposits
  • 40.02%Net loans and leases to core deposits
  • 43.46%Equity capital to assets
  • 12.23%Core capital (leverage) ratio
  • 10.99%Tier 1 risk-based capital ratio
  • 21.36%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $307,113Average earning assets
  • $35,678Average equity
  • $286,382Average loans

List of branches

  • 8 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011608First National Bank414 Tenth Street, Alamogordo, NM 88310August 23, 1956Full Service Brick and Mortar
    2242411Cloudcroft BranchNorth Burro Avenue, Cloudcroft, NM 88317November 15, 1963Full Service Brick and Mortar
    3242412First Street Branch804 First Street, Alamogordo, NM 88310May 22, 1972Limited Service Facility
    4242413North Branch3101 North White Sands Boulevard, Alamogordo, NM 88310July 24, 1997Limited Service Facility
    5242414Tularosa Branch206 Central Avenue, Tularosa, NM 88352December 15, 1997Full Service Brick and Mortar
    6441040Artesia Branch908 West Main Street, Artesia, NM 88211May 17, 2005Full Service Brick and Mortar
    733159Ruidoso Branch451 Sudderth Drive, Ruidoso, NM 88345December 16, 1985Full Service Brick and Mortar
    8259572Upper Canyon Branch100 Main Road, Ruidoso, NM 88345November 28, 1989Limited Service Facility

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