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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 2,742nd largest bank in the nation. It was established in 1962 and as of June of 2017, it had grown to 36 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 - YTD1.24%
Return on Equity - YTD10.48%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$223.6MM$216.1MM
LoansQ2 2017vs Q2 2016$74.2MM$75.7MM
DepositsQ2 2017vs Q2 2016$194.3MM$187.5MM
Equity CapitalQ2 2017vs Q2 2016$26.8MM$26.2MM
Loan Loss AllowanceQ2 2017vs Q2 2016$1.3MM$1.1MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.1MM$329.00K
Real Estate OwnedQ2 2017vs Q2 2016$601.00K$776.00K

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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