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

Western Bank - Overview

  • General
  • FDIC Certificate #: 22525
    Status: Active
    Federal Reserve ID: 156952
    Bank Holding Company (Regulatory Top Holder): Western Bancshares Of Alamogordo, Inc. (RSSDID: 1137631, Location: Carlsbad, NM)
    Date Established: September 19, 1977
    WWW: http://www.wbalamo.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)
    OTS Docket #: 9361
    FDIC's unique #: 15710
    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: September 19, 1977
    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: 500 Ninth 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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $73.4 mil
    Equity capital: $9.5 mil
    Deposits held in domestic offices: $52.0 mil
    Return on assets (ROA): 0.59% ($0.4 mil)
    Quarterly return on assets: 0.69% ($0.5 mil)
    Return on Equity (ROE): 4.56% ($0.5 mil)
    Quarterly return on equity: 5.32% ($0.5 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.91% ($668.2 mil)
    Quarterly Pretax return on assets: 1.14% ($837.1 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
  • 31Total employees (full-time equivalent)
  • $73,432Total assets
  • $14,127Cash and due from depository institutions
  • $9,900Interest-bearing balances
  • $17,456Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $36,278Net loans & leases
  • $436Loan loss allowance
  • $0Trading account assets
  • $1,684Bank premises and fixed assets
  • $2,298Other real estate owned
  • $0Goodwill and other intangibles
  • $73,432Life insurance assets
  • $1,589All other assets
  • $63,921Total liabilities and capital
  • $52,029Total liabilities
  • $43,929Total deposits
  • $52,029Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,678Trading liabilities
  • $0Other borrowed funds
  • $214Subordinated debt
  • $9,511All other liabilities
  • $9,511Total equity capital
  • $9,511Total bank equity capital
  • $0Perpetual preferred stock
  • $634Common stock
  • $3,291Surplus
  • $5,586Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $29Income earned, not collected on loans
  • $0Earning assets
  • $463Long-term assets (5+ years)
  • $63,634Average Assets, year-to-date
  • $30,539Average Assets, quarterly
  • $72,394Volatile liabilities
  • $72,923Insider loans
  • $32,004FHLB advances
  • $72,677Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,497Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,523Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,791Total interest income
  • $601Total interest expense
  • $3,190Net interest income
  • $0Provision for loan and lease losses
  • $459Total noninterest income
  • $0Fiduciary activities
  • $330Service charges on deposit accounts
  • $0Trading account gains & fees
  • $129Additional noninterest income
  • $2,993Total noninterest expense
  • $1,151Salaries and employee benefits
  • $316Premises and equipment expense
  • $1,526Additional noninterest expense
  • $656Pre-tax net operating income
  • $0Securities gains (losses)
  • $228Applicable income taxes
  • $428Income before extraordinary items
  • $0Extraordinary gains - net
  • $428Net income attributable to bank
  • $0Net charge-offs
  • $428Cash dividends
  • $136Sale, conversion, retirement of capital stock, net
  • $201Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.89%Yield on earning assets
  • 0.93%Cost of funding earning assets
  • 4.96%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 4.65%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 4.56%Return on equity (ROE)
  • 2.42%Retained earnings to average equity (YTD only)
  • 0.36%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 4.82%Efficiency ratio
  • 82,022Assets per employee
  • 2.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 46.96%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 1503.45%Noncurrent assets plus other real estate owned to assets
  • 3.17%Noncurrent loans to loans
  • 0.08%Net loans and leases to deposits
  • 69.73%Net loans and leases to core deposits
  • 78.64%Equity capital to assets
  • 12.95%Core capital (leverage) ratio
  • 13.07%Tier 1 risk-based capital ratio
  • 29.67%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $72,394Average earning assets
  • $9,380Average equity
  • $64,325Average loans

List of branches

  • 3 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015710Western Bank500 Ninth Street, Alamogordo, NM 88310September 19, 1977Full Service Brick and Mortar
    1254836Tularosa Branch201 Saint Francis Drive, Tularosa, NM 88352November 21, 1997Full Service Brick and Mortar
    2254837Cloudcroft Branch505 Burro Ave Suite 106, Cloudcroft, NM 88317May 27, 1998Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Western Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents