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Overview / Commentary
19339 Highway 314
Belen, NM 87002

My Bank is headquartered in Belen and is the 27th largest bank in the state of New Mexico. It is also the 3,538th largest bank in the nation. It was established in 1992 and as of March of 2014, it had grown to 59 employees at 5 locations. My 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 My Bank had $4.28 million in non-current loans and owned real-estate with $17.99 million in equity and loan loss allowances on hand to cover it. This gives My Bank a Texas Ratio of 23.80% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for My Bank decreased dramatically from 44.07% as of March 31, 2013 to 23.80% as of March 31, 2014, resulting in a positive change of 45.99%.This indicates that the balance sheet and financial strength for My Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, My Bank has decreased its total deposits by -$4.59 million, resulting in -3.14% 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 My Bank has shown is below 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. My Bank has $161.49 million in assets with $17.99 million in equity, resulting in a capitalization level of 11.14%, which is excellent.

Institution Statistics

FDIC Certificate #33616
Year Established1992
Primary RegulatorFED
Assets and Liabilities
Assets$161.49 million
Loans$75.65 million
Deposits$141.72 million
Equity Capital$15.91 million
Loan Loss Allowance$2.08 million
Unbacked Noncurrent Loans$2.12 million
Real Estate Owned$2.16 million
Historic Data - March 2013
Assets$169.57 million
Equity Capital$16.05 million
Loan Loss Allowance$2.17 million
Unbacked Noncurrent Loans$2.12 million
Real Estate Owned$3.28 million
Profit Margin - Quarterly
Net Interest Margin3.93%
Return on Assets0.64%
Return on Equity6.45%
Interest Income$1.58 million

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My Bank Savings Account Rates

0.25%$50-Jump Start CD
0.20%--Christmas Club
0.20%$50-Vacation Club
0.08%$50k-Regular Savings
0.08%$50k-Minor Savings

My Bank Money Market Rates

0.15%$25k-Preferred Money Market

My Bank Checking Account Rates

0.05%$500-Prime Plus Checking
0.05%$500-Exceptional Checking
0.05%--Diamond Business Checking
0.05%$500-Platinum Business Checking

My Bank CD Rates

0.90%$1k-5 Year CD
0.50%$1k-24 Month CD
0.50%$1k-30 Month CD
0.40%$1k-18 Month CD
0.25%$1k-12 Month CD
0.15%$1k-6 Month CD
0.10%$1k-3 Month CD

My Bank IRA Rates

0.90%$500-5 Year IRA
0.50%$500-2 Year IRA
0.25%$500-1 Year IRA

My Bank Locations
My Bank19339 Highway 314Belen, NM 87002
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