Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
1096 Mechem Drive
Ruidoso, NM 88345

City Bank New Mexico is headquartered in Ruidoso and is the 36th largest bank in the state of New Mexico. It is also the 4,429th largest bank in the nation. It was established in 2001 and as of March of 2014, it had grown to 30 employees at 3 locations. City Bank New Mexico's money market rates are 14% higher than the national average, and it boasts a A+ health rating.

Related Posts

No reviews have been left for this bank yet. Be the first to review.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 City Bank New Mexico had $695,000 in non-current loans and owned real-estate with $13.75 million in equity and loan loss allowances on hand to cover it. This gives City Bank New Mexico a Texas Ratio of 5.05% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for City Bank New Mexico decreased dramatically from 13.85% as of March 31, 2013 to 5.05% as of March 31, 2014, resulting in a positive change of 63.52%.This indicates that the balance sheet and financial strength for City Bank New Mexico has improved dramatically in recent periods.

Deposit Growth


In the past year, City Bank New Mexico has increased its total deposits by $1.39 million, resulting in 1.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth City Bank New Mexico has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. City Bank New Mexico has $113.57 million in assets with $13.75 million in equity, resulting in a capitalization level of 12.11%, which is excellent.

Institution Statistics

FDIC Certificate #57302
Year Established2001
Primary RegulatorFDIC
Assets and Liabilities
Assets$113.57 million
Loans$56.49 million
Deposits$100.59 million
Equity Capital$12.37 million
Loan Loss Allowance$1.38 million
Unbacked Noncurrent Loans$429,000
Real Estate Owned$266,000
Historic Data - March 2013
Assets$111.95 million
Equity Capital$12.28 million
Loan Loss Allowance$1.52 million
Unbacked Noncurrent Loans$429,000
Real Estate Owned$316,000
Profit Margin - Quarterly
Net Interest Margin3.82%
Return on Assets0.77%
Return on Equity7.18%
Interest Income$1.10 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not City Bank New Mexico, we are a rate comparison website and can not provide official rates or promotions.

City Bank New Mexico Money Market Rates

0.50%$100k-Business Money Market
0.40%$100k-Money Market

City Bank New Mexico Checking Account Rates

0.85%-$150kReward Checking Best - Qualifying
0.60%$100k$150kRPM Checking
0.50%--Reward Plus Best - Qualifying
0.40%-$150kReward Checking Better - Qualifying
0.25%--Reward Plus Better - Qualifying
0.25%$1k-Business Interest Checking
0.10%$1k-Interest Checking
0.05%--Reward Checking - Non Qualifying
0.05%--Reward Plus - Non Qualifying

City Bank New Mexico Locations
City Bank New Mexico1096 Mechem DriveRuidoso, NM 88345
Gateway Branch143a El Paso RoadRuidoso, NM 88345
Midtown Branch1850 Sudderth DriveRuidoso, NM 88345