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Overview / Commentary
300 South Gold Avenue
Deming, NM 88030

First New Mexico Bank is headquartered in Deming and is the 18th largest bank in the state of New Mexico. It is also the 2,820th largest bank in the nation. It was established in 1962 and as of June of 2016, it had grown to 39 employees at 4 locations. First New Mexico Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #18514
Year Established1962
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD10.18%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$216.1MM$217.1MM
LoansQ2 2016vs Q2 2015$75.7MM$70.6MM
DepositsQ2 2016vs Q2 2015$187.5MM$190.1MM
Equity CapitalQ2 2016vs Q2 2015$26.2MM$24.8MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.1MM$1.1MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$329.00K$217.00K
Real Estate OwnedQ2 2016vs Q2 2015$776.00K$723.00K

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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
Hatch Branch509 N Franklin RdHatch, NM 87937