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Overview / Commentary
575-624-5200
3000 North Main Street
Roswell, NM 88201

Pioneer Bank (NM) is headquartered in Roswell and is the 7th largest bank in the state of New Mexico. It is also the 1,042nd largest bank in the nation. It was established in 1901 and as of December of 2013, it had grown to 216 employees at 15 locations. Pioneer Bank (NM) has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 December 31, 2013 Pioneer Bank (NM) had $1.94 million in non-current loans and owned real-estate with $59.94 million in equity and loan loss allowances on hand to cover it. This gives Pioneer Bank (NM) a Texas Ratio of 3.24% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Pioneer Bank (NM) decreased slightly from 4.26% as of December 31, 2012 to 3.24% as of December 31, 2013, resulting in a positive change of 24.07%.This indicates that the balance sheet and financial strength for Pioneer Bank (NM) has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Pioneer Bank (NM) has increased its total deposits by $21.87 million, resulting in 4.59% 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

GRADE:
C+

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 $645.9 million in assets with $59.94 million in equity, resulting in a capitalization level of 9.28%, which is average.

Institution Statistics

Overall
FDIC Certificate #27872
Year Established1901
Employees216
Primary RegulatorOCC
Assets and Liabilities
Assets$645.90 million
Loans$287.77 million
Deposits$497.93 million
Equity Capital$56.50 million
Loan Loss Allowance$3.44 million
Unbacked Noncurrent Loans$457,000
Real Estate Owned$1.48 million
Historic Data - December 2012
Assets$615.91 million
Equity Capital$64.81 million
Loan Loss Allowance$3.57 million
Unbacked Noncurrent Loans$457,000
Real Estate Owned$1.57 million
Profit Margin - Quarterly
Net Interest Margin2.87%
Return on Assets0.75%
Return on Equity8.17%
Interest Income$19.38 million
Rates

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Locations

Pioneer Bank (NM) has 15 locations. Click to view all Pioneer Bank (NM) locations.