Western Bank, Artesia, New Mexico

Western Bank, Artesia, New Mexico is headquartered in Artesia and is the 28^th largest bank in the state of New Mexico. It is also the 3,708^th largest bank in the nation. It was established in 1948 and as of March of 2012, it had grown to 27 employees at 1 location. Western Bank, Artesia, New Mexico has a 4-star health rating.

Data for Q1 2012

Institution Statistics Western Bank, Artesia, New Mexico FDIC Certificate # 16720 BankRate Report View Year Established 1948 Employees 27 Primary Regulator FDIC Assets and Liabilities Assets $159.74 million Loans $72.18 million Deposits $143.56 million Equity Capital $16.05 million Loan Loss Allowance $818,000 Unbacked Noncurrent Loans $181,000 Real Estate Owned $1.38 million Historic Data - March 2011 Assets $153.55 million Equity Capital $14.86 million Loan Loss Allowance $715,000 Unbacked Noncurrent Loans $1.84 million Real Estate Owned $195,000 Profit Margin - Quarterly Net Interest Margin 4.29% Return on Assets 2.33% Return on Equity 22.5% Interest Income $1.66 million

Institution Health Overall Score: 4 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 Western Bank, Artesia, New Mexico had $1.56 million in non-current loans and owned real-estate with $16.87 million in equity and loan loss allowances on hand to cover it. This gives Western Bank, Artesia, New Mexico a Texas Ratio of 9.24% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Western Bank, Artesia, New Mexico decreased slightly from 13.05% as of March 31, 2011 to 9.24% as of March 31, 2012, resulting in a positive change of 29.16%.This indicates that the balance sheet and financial strength for Western Bank, Artesia, New Mexico has improved slightly in recent periods. Deposit Growth In the past year, Western Bank, Artesia, New Mexico has increased its total deposits by $5.03 million, resulting in 3.63% 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 Western Bank, Artesia, New Mexico has shown is above average. 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. Western Bank, Artesia, New Mexico has $159.74 million in assets with $16.87 million in equity, resulting in a capitalization level of 10.56%, which is above average.

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