New Mexico Bank & Trust

New Mexico Bank & Trust Locations
3002 Louisiana Blvd. NE
Albuquerque, NM 87110
505-830-8100
www.nmb-t.com
New Mexico Bank & Trust serves the personal and business banking needs of the community. Their professional staff offers the highest level of service based on respect for the customer, banking expertise and the highest ethical standards.

New Mexico Bank & Trust Routing Number: 107006541

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See Rates for: Checking | CD | IRA

New Mexico Bank & Trust Checking Account Rates

ApyMinMaxProduct
3.03%-$20kCash Rewards Checking

New Mexico Bank & Trust CD Rates

ApyMinMaxProduct
1.30%$1k-60 Month CD
0.95%$1k-48 Month CD
0.75%$1k-36 Month CD
0.60%$1k-24 Month CD
0.40%$1k-18 Month CD
0.30%$1k-12 Month CD
0.20%$1k-6 Month CD
0.15%$1k-3 Month CD

New Mexico Bank & Trust IRA Rates

ApyMinMaxProduct
1.33%$1k-60 Month IRA
0.90%$1k-36 Month IRA
0.79%$1k-48 Month IRA
0.60%$1k-24 Month IRA
0.40%$1k-18 Month IRA
0.30%$1k-12 Month IRA
0.20%$1k-6 Month IRA
0.16%$1k-3 Month IRA

Rates updated: 12/26/2011

Data for Q3 2011


Institution Statistics


New Mexico Bank & Trust
FDIC Certificate #34726
BankRate ReportView
Year Established1998
Employees176
Primary RegulatorFDIC

Assets and Liabilities

Assets$921.97 million
Loans$502.09 million
Deposits$681.41 million
Equity Capital$90.90 million
Loan Loss Allowance$10.27 million
Unbacked Noncurrent Loans$15.37 million
Real Estate Owned$4.72 million

Historic Data - September 2010

Assets$891.64 million
Equity Capital$83.70 million
Loan Loss Allowance$8.30 million
Unbacked Noncurrent Loans$14.48 million
Real Estate Owned$413,000

Profit Margin - Quarterly

Net Interest Margin4.15%
Return on Assets0.73%
Return on Equity7.68%
Interest Income$30.46 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 September 30, 2011 New Mexico Bank & Trust had $20.09 million in non-current loans and owned real-estate with $101.17 million in equity and loan loss allowances on hand to cover it. This gives New Mexico Bank & Trust a Texas Ratio of 19.86% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for New Mexico Bank & Trust held steady from 16.34% as of September 30, 2010 to 19.86% as of September 30, 2011, resulting in a negative change of 21.55%. This indicates that the balance sheet and financial strength for New Mexico Bank & Trust has held steady in recent periods.
Deposit Growth4
In the past year, New Mexico Bank & Trust has increased its total deposits by $25.69 million, resulting in 3.92% 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 New Mexico Bank & Trust has shown is above average.
Capitalization4
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. New Mexico Bank & Trust has $921.97 million in assets with $101.17 million in equity, resulting in a capitalization level of 10.97%, which is above average.
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