FDIC Certificate #: 16720 Status: Active Federal Reserve ID: 709554 Bank Holding Company (Regulatory Top Holder): Western Bancshares Of New Mexico,inc. (RSSDID: 1065453, Location: Artesia, NM) Date Established: August 02, 1948 WWW:http://www.wbartesia.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10168 FDIC's unique #: 10842 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: August 02, 1948 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: 320 West Texas Avenue, Artesia, NM 88210 County: Eddy 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): Carlsbad-Artesia, NM (#16100) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $149.9 mil Equity capital: $16.0 mil Deposits held in domestic offices: $133.8 mil Return on assets (ROA): 1.95% ($2.9 mil) Quarterly return on assets: 0.91% ($1.4 mil) Return on Equity (ROE): 19.85% ($3.2 mil) Quarterly return on equity: 8.64% ($1.4 mil) Net income: $3.1 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.95% ($2,923.4 mil) Quarterly Pretax return on assets: 0.91% ($1,364.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$149,918Total assets
$8,049Cash and due from depository institutions
$2,039Interest-bearing balances
$50,283Securities
$10,630Federal funds sold & reverse repurchase agreements
$75,980Net loans & leases
$790Loan loss allowance
$0Trading account assets
$2,151Bank premises and fixed assets
$1,378Other real estate owned
$0Goodwill and other intangibles
$149,918Life insurance assets
$1,447All other assets
$133,965Total liabilities and capital
$133,829Total liabilities
$75,036Total deposits
$133,829Interest-bearing deposits
$85Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$136Subordinated debt
$15,953All other liabilities
$15,953Total equity capital
$15,953Total bank equity capital
$0Perpetual preferred stock
$900Common stock
$4,850Surplus
$10,203Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$671Income earned, not collected on loans
$0Earning assets
$950Long-term assets (5+ years)
$138,932Average Assets, year-to-date
$48,393Average Assets, quarterly
$157,424Volatile liabilities
$153,546Insider loans
$94,088FHLB advances
$155,296Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,403Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$14,068Restructured Loans and leases
$5,409Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,849Total interest income
$703Total interest expense
$6,146Net interest income
$120Provision for loan and lease losses
$576Total noninterest income
$0Fiduciary activities
$464Service charges on deposit accounts
$0Trading account gains & fees
$112Additional noninterest income
$3,534Total noninterest expense
$1,662Salaries and employee benefits
$350Premises and equipment expense
$1,522Additional noninterest expense
$3,068Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$3,068Income before extraordinary items
$0Extraordinary gains - net
$3,068Net income attributable to bank
$0Net charge-offs
$3,068Cash dividends
$54Sale, conversion, retirement of capital stock, net
$2,500Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.66%Yield on earning assets
0.48%Cost of funding earning assets
4.18%Net interest margin
0.39%Noninterest income to earning assets
2.40%Noninterest expense to earning assets
1.95%Net operating income to assets
1.95%Return on assets (ROA)
1.95%Pretax return on assets
19.85%Return on equity (ROE)
3.67%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
222.22%Credit loss provision to net charge-offs
59.04%Efficiency ratio
52,574Assets per employee
5.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
81.49%Loss allowance to loans
1.03%Loss allowance to noncurrent loans
117.73%Noncurrent assets plus other real estate owned to assets
1.37%Noncurrent loans to loans
0.87%Net loans and leases to deposits
56.77%Net loans and leases to core deposits
61.55%Equity capital to assets
10.64%Core capital (leverage) ratio
9.27%Tier 1 risk-based capital ratio
15.31%Total risk-based capital ratio
Memoranda
$16Average assets
$157,424Average earning assets
$15,458Average equity
$146,994Average loans
List of branches
1 New Mexico Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
10842
Western Bank, Artesia, New Mexico
320 West Texas Avenue, Artesia, NM 88210
August 02, 1948
Full Service Brick and Mortar
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