First New Mexico Bank, Las Cruces

First New Mexico Bank, Las Cruces is headquartered in Las Cruces and is the 38^th largest bank in the state of New Mexico. It is also the 4,846^th largest bank in the nation. It was established in 2008 and as of March of 2012, it had grown to 27 employees at 2 locations. First New Mexico Bank, Las Cruces has a 5-star health rating.

First New Mexico Bank, Las Cruces Routing Number: 112207335

Data for Q1 2012

Institution Statistics First New Mexico Bank, Las Cruces FDIC Certificate # 58745 BankRate Report View Year Established 2008 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $104.22 million Loans $41.61 million Deposits $89.68 million Equity Capital $12.70 million Loan Loss Allowance $1.28 million Unbacked Noncurrent Loans $475,000 Real Estate Owned $544,000 Historic Data - March 2011 Assets $95.57 million Equity Capital $12.00 million Loan Loss Allowance $1.26 million Unbacked Noncurrent Loans $755,000 Real Estate Owned $253,000 Profit Margin - Quarterly Net Interest Margin 4.7% Return on Assets 1.25% Return on Equity 10.05% Interest Income $1.21 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First New Mexico Bank, Las Cruces had $1.02 million in non-current loans and owned real-estate with $13.98 million in equity and loan loss allowances on hand to cover it. This gives First New Mexico Bank, Las Cruces a Texas Ratio of 7.29% 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 First New Mexico Bank, Las Cruces held steady from 7.60% as of March 31, 2011 to 7.29% as of March 31, 2012, resulting in a positive change of 4.14%.This indicates that the balance sheet and financial strength for First New Mexico Bank, Las Cruces has held steady in recent periods. Deposit Growth In the past year, First New Mexico Bank, Las Cruces has increased its total deposits by $7.66 million, resulting in 9.33% 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 First New Mexico Bank, Las Cruces has shown is excellent. Capitalization 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. First New Mexico Bank, Las Cruces has $104.22 million in assets with $13.98 million in equity, resulting in a capitalization level of 13.41%, which is excellent.

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