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

First New Mexico Bank, Las Cruces - Overview

  • General
  • FDIC Certificate #: 58745
    Status: Active
    Federal Reserve ID: 3623969
    Bank Holding Company (Regulatory Top Holder): First New Mexico Financial Corporation (RSSDID: 1107830, Location: Deming, NM)
    Date Established: January 14, 2008
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 465819
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 14, 2008
    Last Structure Change Effective Date: January 14, 2008
    Last Structure Change Process Date: January 15, 2008
    Last Data Update: January 15, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3000 East Lohman Avenue, Las Cruces, NM 88011
    County: Dona Ana
    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
    Metropolitan Statistical Area (MSA): Las Cruces, NM (#4100)
    Core Based Statistical Area (CBSA): Las Cruces, NM (#29740)
    CBSA Metro Statistical Area: Las Cruces, NM (#29740)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $98.7 mil
    Equity capital: $12.5 mil
    Deposits held in domestic offices: $84.6 mil
    Return on assets (ROA): 1.31% ($1.3 mil)
    Quarterly return on assets: 1.31% ($1.3 mil)
    Return on Equity (ROE): 10.36% ($1.3 mil)
    Quarterly return on equity: 10.34% ($1.3 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.02% ($1,992.9 mil)
    Quarterly Pretax return on assets: 2.05% ($2,022.4 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
  • 27Total employees (full-time equivalent)
  • $98,656Total assets
  • $9,251Cash and due from depository institutions
  • $6,297Interest-bearing balances
  • $24,090Securities
  • $14,620Federal funds sold & reverse repurchase agreements
  • $44,475Net loans & leases
  • $1,267Loan loss allowance
  • $0Trading account assets
  • $3,923Bank premises and fixed assets
  • $548Other real estate owned
  • $0Goodwill and other intangibles
  • $98,656Life insurance assets
  • $1,749All other assets
  • $86,120Total liabilities and capital
  • $84,596Total liabilities
  • $70,063Total deposits
  • $84,596Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,524Subordinated debt
  • $12,536All other liabilities
  • $12,536Total equity capital
  • $12,536Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $3,000Surplus
  • $5,536Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,424Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $203Income earned, not collected on loans
  • $0Earning assets
  • $519Long-term assets (5+ years)
  • $89,482Average Assets, year-to-date
  • $21,739Average Assets, quarterly
  • $96,312Volatile liabilities
  • $98,341Insider loans
  • $60,635FHLB advances
  • $98,302Loans and leases held for sale
  • $541Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,536Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $541Total unused commitments
  • $4,788Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,891Total interest income
  • $604Total interest expense
  • $4,287Net interest income
  • $135Provision for loan and lease losses
  • $884Total noninterest income
  • $0Fiduciary activities
  • $358Service charges on deposit accounts
  • $0Trading account gains & fees
  • $526Additional noninterest income
  • $3,093Total noninterest expense
  • $1,664Salaries and employee benefits
  • $441Premises and equipment expense
  • $988Additional noninterest expense
  • $1,943Pre-tax net operating income
  • $0Securities gains (losses)
  • $678Applicable income taxes
  • $1,265Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,265Net income attributable to bank
  • $0Net charge-offs
  • $1,265Cash dividends
  • $90Sale, conversion, retirement of capital stock, net
  • $664Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.59%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 4.90%Net interest margin
  • 1.01%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 2.02%Pretax return on assets
  • 10.36%Return on equity (ROE)
  • 4.92%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 150.00%Credit loss provision to net charge-offs
  • 23.09%Efficiency ratio
  • 59,814Assets per employee
  • 3.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 52.49%Loss allowance to loans
  • 2.77%Loss allowance to noncurrent loans
  • 624.14%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 52.57%Net loans and leases to core deposits
  • 56.33%Equity capital to assets
  • 12.71%Core capital (leverage) ratio
  • 12.75%Tier 1 risk-based capital ratio
  • 20.67%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $96,312Average earning assets
  • $12,215Average equity
  • $87,460Average loans

List of branches

  • 2 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0465819First New Mexico Bank, Las Cruces3000 East Lohman Avenue, Las Cruces, NM 88011January 14, 2008Full Service Brick and Mortar
    1516702Anthony Branch455 Landers Rd., Anthony, NM 88021January 28, 2008Full Service Brick and Mortar

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