American Heritage Bank (NM)

American Heritage Bank (NM)


Overview / Commentary
575-762-2800
3300 N Prince St
Clovis, NM 88101

American Heritage Bank (NM) is headquartered in Clovis and is the 33rd largest bank in the state of New Mexico. It is also the 4,299th largest bank in the nation. It was established in 2000 and as of March of 2019, it had grown to 20 employees at 2 locations. American Heritage Bank (NM) has an A health rating.

Reviews (1)

Why I left the local American Heritage Bank - local Community Bank.

I began banking with American Heritage Bank when we moved to this local community. When the bank, which was 30 miles away, opened a branch in our small town we did most of our banking through their institution. The Customer Service through this bank was very fast and efficient and good. Their mobile web service was basically just getting started but off to a good start. The offered competitive products like most other banking institutions and they had reasonable fee structures. The problem with the bank here in our town is that it is a small community bank - where everyone in the town knows everyone else. The bank employees were also members of our community. As time went along, we kept overhearing things from these banking employees about how much money this person or that person in town had in their accounts. This included things like their overall wealth, or if this one or that one was over-drawn frequently. The gossip situation in our local bank caused us to go with a larger branch in the nearby city rather than have the gossip flowing about town regarding our own personal financial status and affairs.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. American Heritage Bank (NM) has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #57025
Year Established2000
Employees20
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.3%
Return on Equity - YTD10.77%
Annual Interest Income$1.0MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$87.2MM$89.6MM
LoansQ1 2019vs Q1 2018$50.5MM$51.6MM
DepositsQ1 2019vs Q1 2018$76.0MM$73.4MM
Equity CapitalQ1 2019vs Q1 2018$10.5MM$9.7MM
Loan Loss AllowanceQ1 2019vs Q1 2018$768.00K$773.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$530.00K$683.00K
Real Estate OwnedQ1 2019vs Q1 2018$64.00K$268.00K
Rates

Sorry, we do not have rate data for American Heritage Bank (NM).

Locations


American Heritage Bank (NM) Locations
American Heritage Bank3300 N Prince StClovis, NM 88101
Melrose Branch400 East Denby StreetMelrose, NM 88124

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