Valley Bank of Commerce in Roswell, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


Valley Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 22600
    Status: Active
    Federal Reserve ID: 481159
    Bank Holding Company (Regulatory Top Holder): Commerce Bancshares Of Roswell, Inc. (RSSDID: 1130810, Location: Roswell, NM)
    Date Established: Febuary 01, 1978
    WWW: http://www.valleybankofcommerce.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 15763
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: Febuary 01, 1978
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 217 West 2nd Street, Roswell, NM 88202
    County: Chaves
    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): Roswell, NM (#40740)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $140.0 mil
    Equity capital: $10.6 mil
    Deposits held in domestic offices: $125.8 mil
    Return on assets (ROA): 1.76% ($2.5 mil)
    Quarterly return on assets: 1.64% ($2.3 mil)
    Return on Equity (ROE): 23.58% ($2.6 mil)
    Quarterly return on equity: 21.33% ($2.3 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.76% ($2,463.3 mil)
    Quarterly Pretax return on assets: 1.64% ($2,295.3 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
  • 19Total employees (full-time equivalent)
  • $139,958Total assets
  • $68,249Cash and due from depository institutions
  • $57,135Interest-bearing balances
  • $8,000Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $59,783Net loans & leases
  • $608Loan loss allowance
  • $0Trading account assets
  • $826Bank premises and fixed assets
  • $322Other real estate owned
  • $0Goodwill and other intangibles
  • $139,958Life insurance assets
  • $2,778All other assets
  • $129,375Total liabilities and capital
  • $125,755Total liabilities
  • $76,771Total deposits
  • $125,755Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 2896.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $724Subordinated debt
  • $10,583All other liabilities
  • $10,583Total equity capital
  • $10,583Total bank equity capital
  • $0Perpetual preferred stock
  • $502Common stock
  • $2,250Surplus
  • $7,831Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $532Long-term assets (5+ years)
  • $124,918Average Assets, year-to-date
  • $996Average Assets, quarterly
  • $128,751Volatile liabilities
  • $135,515Insider loans
  • $65,335FHLB advances
  • $135,968Loans and leases held for sale
  • $1,828Unused loan commitments
  • $1,828Tier 1 (core) risk-based capital
  • $10,581Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,639Restructured Loans and leases
  • $513Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,311Total interest income
  • $433Total interest expense
  • $3,878Net interest income
  • $0Provision for loan and lease losses
  • $592Total noninterest income
  • $0Fiduciary activities
  • $403Service charges on deposit accounts
  • $0Trading account gains & fees
  • $189Additional noninterest income
  • $2,232Total noninterest expense
  • $1,224Salaries and employee benefits
  • $198Premises and equipment expense
  • $810Additional noninterest expense
  • $2,238Pre-tax net operating income
  • $24Securities gains (losses)
  • $0Applicable income taxes
  • $2,262Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,262Net income attributable to bank
  • $0Net charge-offs
  • $2,262Cash dividends
  • $2Sale, conversion, retirement of capital stock, net
  • $440Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.81%Yield on earning assets
  • 0.38%Cost of funding earning assets
  • 3.42%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 1.97%Noninterest expense to earning assets
  • 1.74%Net operating income to assets
  • 1.76%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 23.58%Return on equity (ROE)
  • 19.00%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1119.00%Efficiency ratio
  • 49,933Assets per employee
  • 7.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.45%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.23%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 47.54%Net loans and leases to core deposits
  • 49.32%Equity capital to assets
  • 7.56%Core capital (leverage) ratio
  • 7.78%Tier 1 risk-based capital ratio
  • 16.19%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $128,751Average earning assets
  • $9,591Average equity
  • $113,256Average loans

List of branches

  • 3 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015763Valley Bank Of Commerce217 West 2nd Street, Roswell, NM 88202Febuary 01, 1978Full Service Brick and Mortar
    1254988North Main Branch2426 North Main Street, Roswell, NM 88201November 17, 1986Limited Service Facility
    2254989Valley Bank - Dexter201 State Rd #2, Dexter, NM 88230October 19, 1998Full Service Brick and Mortar

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