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Overview / Commentary
421 Pile Street
Clovis, NM 88101

The Citizens Bank of Clovis is headquartered in Clovis and is the 11st largest bank in the state of New Mexico. It is also the 2,058th largest bank in the nation. It was established in 1916 and as of March of 2014, it had grown to 57 employees at 5 locations. The Citizens Bank of Clovis' money market rates are 2X the national average, and it has a A 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 The Citizens Bank of Clovis had $669,000 in non-current loans and owned real-estate with $29.09 million in equity and loan loss allowances on hand to cover it. This gives The Citizens Bank of Clovis a Texas Ratio of 2.30% 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 The Citizens Bank of Clovis experienced no significant changes from 0.11% as of March 31, 2013 to 2.30% as of March 31, 2014, resulting in a negative change of 2,047.29%. This indicates that the balance sheet and financial strength for The Citizens Bank of Clovis has had no significant changes in recent periods.

Deposit Growth


In the past year, The Citizens Bank of Clovis has increased its total deposits by $11.13 million, resulting in 4.15% 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 The Citizens Bank of Clovis has shown is excellent.



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. The Citizens Bank of Clovis has $320.13 million in assets with $29.09 million in equity, resulting in a capitalization level of 9.09%, which is average.

Institution Statistics

FDIC Certificate #11491
Year Established1916
Primary RegulatorFDIC
Assets and Liabilities
Assets$320.13 million
Loans$127.70 million
Deposits$279.63 million
Equity Capital$27.59 million
Loan Loss Allowance$1.50 million
Unbacked Noncurrent Loans$669,000
Real Estate Owned$0
Historic Data - March 2013
Assets$333.01 million
Equity Capital$35.87 million
Loan Loss Allowance$1.48 million
Unbacked Noncurrent Loans$669,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.71%
Return on Assets1.07%
Return on Equity12.36%
Interest Income$2.50 million

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The Citizens Bank of Clovis Savings Account Rates

0.90%$50-Individual Retirement Account
0.50%$150-Regular Savings Account

The Citizens Bank of Clovis Money Market Rates

0.90%$100k-Money Market Account
0.90%$100k-IRA Money Market Deposit Account

The Citizens Bank of Clovis Checking Account Rates

0.25%$500-N.O.W. Account

The Citizens Bank of Clovis CD Rates

1.65%$1k-48 Month CD
1.40%$1k-36 Month CD
1.10%$1k-24 Month CD
0.90%$1k-1 Year CD
0.90%$1k-1 1/2 Year CD
0.75%$1k-6 Month CD
0.75%$1k-30 Month CD
0.26%$1k-7-31 Day Renewable CD
0.25%$1k-3 Month CD

The Citizens Bank of Clovis Locations
Fort Sumner Branch105 E. Sumner AvenueFort Sumner, NM 88119
Texico Branch420 Wheeler AvenueTexico, NM 88135
The Citizens Bank Of Clovis5th and Pile StreetsClovis, NM 88101
East 21st Street Branch800 East 21st StreetClovis, NM 88101
Clovis BranchMain Street and Commerce WayClovis, NM 88101