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Overview / Commentary
300 South Gold Avenue
Deming, NM 88030

First New Mexico Bank is headquartered in Deming and is the 19th largest bank in the state of New Mexico. It is also the 2,753rd largest bank in the nation. It was established in 1962 and as of September of 2017, it had grown to 35 employees at 3 locations. First New Mexico Bank has an A health rating.


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Health Grade Components

FDIC Certificate #18514
Year Established1962
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.33%
Return on Equity - YTD11.07%
Annual Interest Income$5.6MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$222.2MM$219.4MM
LoansQ3 2017vs Q3 2016$72.9MM$75.3MM
DepositsQ3 2017vs Q3 2016$192.9MM$190.3MM
Equity CapitalQ3 2017vs Q3 2016$27.2MM$26.5MM
Loan Loss AllowanceQ3 2017vs Q3 2016$1.7MM$1.1MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$1.2MM$773.00K
Real Estate OwnedQ3 2017vs Q3 2016$576.00K$863.00K

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First New Mexico Bank Locations
First New Mexico Bank300 South Gold AvenueDeming, NM 88030
Motor Branch1501 South Columbus HighwayDeming, NM 88030
Columbus Branch202 S MainColumbus, NM 88029