Pioneer Bank (NM)

Pioneer Bank (NM) is headquartered in Roswell and is the 7^th largest bank in the state of New Mexico. It is also the 1,021^st largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 210 employees at 13 locations. Pioneer Bank (NM) has a 5-star health rating.

Data for Q1 2012

Institution Statistics Pioneer Bank OTS # 00450 FDIC Certificate # 27872 BankRate Report View Year Established 1901 Employees 210 Primary Regulator OCC Assets and Liabilities Assets $647.75 million Loans $270.71 million Deposits $449.41 million Equity Capital $61.10 million Loan Loss Allowance $3.83 million Unbacked Noncurrent Loans $591,000 Real Estate Owned $1.37 million Historic Data - March 2011 Assets $589.30 million Equity Capital $55.51 million Loan Loss Allowance $3.53 million Unbacked Noncurrent Loans $8,000 Real Estate Owned $4.79 million Profit Margin - Quarterly Net Interest Margin 3.05% Return on Assets 1.05% Return on Equity 10.7% Interest Income $5.21 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 Pioneer Bank (NM) had $1.96 million in non-current loans and owned real-estate with $64.93 million in equity and loan loss allowances on hand to cover it. This gives Pioneer Bank (NM) a Texas Ratio of 3.03% 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 Pioneer Bank (NM) decreased slightly from 4.64% as of March 31, 2011 to 3.03% as of March 31, 2012, resulting in a positive change of 34.74%.This indicates that the balance sheet and financial strength for Pioneer Bank (NM) has improved slightly in recent periods. Deposit Growth In the past year, Pioneer Bank (NM) has increased its total deposits by $27.94 million, resulting in 6.63% 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 Pioneer Bank (NM) 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. Pioneer Bank (NM) has $647.75 million in assets with $64.93 million in equity, resulting in a capitalization level of 10.02%, which is above average.

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