First New Mexico Bank in city_name, state_name - Detailed Financial Reports, Location

First New Mexico Bank in Deming, New Mexico (NM)
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First New Mexico Bank routing number info

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First New Mexico Bank - Overview

General
FDIC Certificate #: 18514
Status: Active
Federal Reserve ID: 712956
Bank Holding Company (Regulatory Top Holder): First New Mexico Financial Corporation (RSSDID: 1107830, Location: Deming, NM)
Date Established: April 30, 1962
WWW: http://www.firstnewmexicobank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 12406
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: No
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: April 30, 1962
Last Structure Change Effective Date: June 13, 2008
Last Structure Change Process Date: June 17, 2008
Last Data Update: June 17, 2008
Data Source Date: April 05, 2012
Location
Address: 300 South Gold Avenue, Deming, NM 88030
County: Luna
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): Deming, NM (#19700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $194.1 mil
Equity capital: $20.8 mil
Deposits held in domestic offices: $171.8 mil
Return on assets (ROA): 1.20% ($2.3 mil)
Quarterly return on assets: 1.22% ($2.4 mil)
Return on Equity (ROE): 11.50% ($2.4 mil)
Quarterly return on equity: 11.38% ($2.4 mil)
Net income: $2.3 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 1.84% ($3,571.6 mil)
Quarterly Pretax return on assets: 1.87% ($3,629.8 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
38Total employees (full-time equivalent)
$194,106Total assets
$12,945Cash and due from depository institutions
$7,221Interest-bearing balances
$73,010Securities
$31,375Federal funds sold & reverse repurchase agreements
$67,331Net loans & leases
$1,063Loan loss allowance
$0Trading account assets
$3,941Bank premises and fixed assets
$64Other real estate owned
$0Goodwill and other intangibles
$194,106Life insurance assets
$5,440All other assets
$173,333Total liabilities and capital
$171,839Total liabilities
$140,780Total deposits
$171,839Interest-bearing deposits
$80Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,494Subordinated debt
$20,773All other liabilities
$20,773Total equity capital
$20,773Total bank equity capital
$0Perpetual preferred stock
$1,200Common stock
$2,800Surplus
$16,773Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,630Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$975Income earned, not collected on loans
$312Earning assets
$1,832Long-term assets (5+ years)
$178,937Average Assets, year-to-date
$45,774Average Assets, quarterly
$190,554Volatile liabilities
$192,662Insider loans
$101,141FHLB advances
$192,707Loans and leases held for sale
$2,808Unused loan commitments
$2,808Tier 1 (core) risk-based capital
$20,773Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,440Restructured Loans and leases
$5,341Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,784Total interest income
$1,554Total interest expense
$7,230Net interest income
$344Provision for loan and lease losses
$988Total noninterest income
$0Fiduciary activities
$578Service charges on deposit accounts
$0Trading account gains & fees
$410Additional noninterest income
$4,367Total noninterest expense
$2,073Salaries and employee benefits
$624Premises and equipment expense
$1,670Additional noninterest expense
$3,507Pre-tax net operating income
$0Securities gains (losses)
$1,211Applicable income taxes
$2,296Income before extraordinary items
$0Extraordinary gains - net
$2,296Net income attributable to bank
$0Net charge-offs
$2,296Cash dividends
$219Sale, conversion, retirement of capital stock, net
$568Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.02%Yield on earning assets
0.89%Cost of funding earning assets
4.13%Net interest margin
0.56%Noninterest income to earning assets
2.49%Noninterest expense to earning assets
1.20%Net operating income to assets
1.20%Return on assets (ROA)
1.84%Pretax return on assets
11.50%Return on equity (ROE)
8.66%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
157.08%Credit loss provision to net charge-offs
17.58%Efficiency ratio
53,139Assets per employee
5.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.74%Loss allowance to loans
1.55%Loss allowance to noncurrent loans
109.03%Noncurrent assets plus other real estate owned to assets
0.54%Noncurrent loans to loans
1.43%Net loans and leases to deposits
39.18%Net loans and leases to core deposits
39.60%Equity capital to assets
10.70%Core capital (leverage) ratio
10.78%Tier 1 risk-based capital ratio
20.54%Total risk-based capital ratio
Memoranda
$22Average assets
$190,554Average earning assets
$19,958Average equity
$175,048Average loans

List of branches

4 New Mexico Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	12406	First New Mexico Bank	300 South Gold Avenue, Deming, NM 88030	April 30, 1962	Full Service Brick and Mortar
1	245550	Motor Branch	1501 South Columbus Highway, Deming, NM 88030	November 27, 1967	Limited Service Facility
2	245551	Columbus Branch	202 S Main, Columbus, NM 88029	March 17, 1969	Limited Service Facility
8	466500	Hatch Branch	509 North Franklin, Hatch, NM 87937	January 01, 2007	Limited Service Facility

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

First New Mexico Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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

First New Mexico Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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