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Overview / Commentary
2424 Louisiana N.E., American Financial Center, Building 1
Albuquerque, NM 87110

Main Bank is headquartered in Albuquerque and is the 38th largest bank in the state of New Mexico. It is also the 4,623rd largest bank in the nation. It was established in 1975 and as of March of 2014, it had grown to 28 employees at 1 location. Main Bank has a B+ health rating.

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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 Main Bank had $694,000 in non-current loans and owned real-estate with $12.78 million in equity and loan loss allowances on hand to cover it. This gives Main Bank a Texas Ratio of 5.43% 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 Main Bank experienced no significant changes from 5.48% as of March 31, 2013 to 5.43% as of March 31, 2014, resulting in a positive change of 0.97%.This indicates that the balance sheet and financial strength for Main Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Main Bank has decreased its total deposits by -$14.38 million, resulting in -13.51% 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 Main Bank has shown is poor.



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. Main Bank has $104.4 million in assets with $12.78 million in equity, resulting in a capitalization level of 12.24%, which is excellent.

Institution Statistics

FDIC Certificate #22086
Year Established1975
Primary RegulatorFDIC
Assets and Liabilities
Assets$104.40 million
Loans$72.37 million
Deposits$92.06 million
Equity Capital$12.05 million
Loan Loss Allowance$731,000
Unbacked Noncurrent Loans$295,000
Real Estate Owned$399,000
Historic Data - March 2013
Assets$118.26 million
Equity Capital$11.41 million
Loan Loss Allowance$702,000
Unbacked Noncurrent Loans$295,000
Real Estate Owned$225,000
Profit Margin - Quarterly
Net Interest Margin3.88%
Return on Assets1.24%
Return on Equity10.75%
Interest Income$1.10 million

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Main Bank Savings Account Rates

0.45%$5k-MainStream Savings Account
0.45%$5k-MainStream Savings Account II
0.45%$5k-MainStream Savings Account III
0.45%$2,500-MainStay Savings Account
0.17%$25k-Health Savings Account
0.10%$100-Personal Savings
0.10%$500-Basic Business Savings

Main Bank Money Market Rates

0.17%$50k$1mBusiness Main Money Account
0.07%$1k-Money Market Account

Main Bank Checking Account Rates

0.05%$1k-Now Personal Checking Account
0.05%$750-Basic Business Checking Plus Interest

Main Bank CD Rates

1.10%$1k-36 Month CD
0.75%$1k-24 Month CD
0.55%$1k-18 Month CD
0.45%$1k-12 Month CD
0.35%$1k-6 Month CD

Main Bank IRA Rates

0.75%$500-24 Month IRA CD
0.45%$500-12 Month IRA CD

Main Bank Locations
Main Bank2424 Louisiana N.e., American Financial Center, Building 1Albuquerque, NM 87110