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Overview / Commentary
575-461-0191
301 S First St
Tucumcari, NM 88401

Tucumcari Federal Savings and Loan Association is headquartered in Tucumcari and is the 44th largest bank in the state of New Mexico. It is also the 6,180th largest bank in the nation. It was established in 1934 and as of June of 2014, it had grown to 7 employees at 1 location. Tucumcari Federal Savings and Loan Association's money market rates are 48% higher than the national average, and it has a C+ health rating.

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Health

Data for Q2 2014

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Tucumcari Federal Savings and Loan Association has a low asset base.

Texas Ratio

GRADE:
B

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 June 30, 2014 Tucumcari Federal Savings and Loan Association had $792,000 in non-current loans and owned real-estate with $5.15 million in equity and loan loss allowances on hand to cover it. This gives Tucumcari Federal Savings and Loan Association a Texas Ratio of 15.37% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Tucumcari Federal Savings and Loan Association decreased dramatically from 24.11% as of June 30, 2013 to 15.37% as of June 30, 2014, resulting in a positive change of 36.26%.This indicates that the balance sheet and financial strength for Tucumcari Federal Savings and Loan Association has improved dramatically in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Tucumcari Federal Savings and Loan Association has decreased its total deposits by -$1.02 million, resulting in -3.66% 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 Tucumcari Federal Savings and Loan Association has shown is below average.

Capitalization

GRADE:
A+

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. Tucumcari Federal Savings and Loan Association has $39 million in assets with $5.15 million in equity, resulting in a capitalization level of 13.21%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #29059
Year Established1934
Employees7
Primary RegulatorOCC
Assets and Liabilities
Assets$39.00 million
Loans$23.24 million
Deposits$26.78 million
Equity Capital$4.85 million
Loan Loss Allowance$304,000
Unbacked Noncurrent Loans$362,000
Real Estate Owned$430,000
Historic Data - June 2013
Assets$39.00 million
Equity Capital$4.64 million
Loan Loss Allowance$380,000
Unbacked Noncurrent Loans$362,000
Real Estate Owned$309,000
Profit Margin - Quarterly
Return on Assets0.46%
Return on Equity3.7%
Interest Income$787,000
Rates
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Tucumcari Federal Savings and Loan Association Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$100-Statement Savings

Tucumcari Federal Savings and Loan Association Money Market Rates

DetailsAPYMINMAXPRODUCT
0.65%$2,500-Money Market Plus

Tucumcari Federal Savings and Loan Association CD Rates

DetailsAPYMINMAXPRODUCT
1.65%$10k-4 Year Exchange Rate CD
1.15%$50k-25 Month Special Jumbo CD
1.10%$1k-3 Year Money Market CD
1.10%$10k-25 Month Special CD
1.00%$1k-2 Year Money Market CD
1.00%$50k-13 Month Special Jumbo CD
0.90%$1k-13 Month Special CD
0.80%$1k-1 Year Money Market CD
0.75%$1k-182 Day Money Market CD

Tucumcari Federal Savings and Loan Association IRA Rates

DetailsAPYMINMAXPRODUCT
1.65%$10k-4 Year Exchange Rate IRA CD
1.10%$10k-25 Month IRA
1.00%$50k-13 Month Jumbo IRA
0.95%$100-18 Month IRA
0.90%$10k-13 Month IRA
Locations


Tucumcari Federal Savings and Loan Association Locations
Tucumcari Federal Savings and Loan Association301 S First StTucumcari, NM 88401