Western Commerce Bank is headquartered in Carlsbad and is the 8th largest bank in the state of New Mexico. It is also the 1,598th largest bank in the nation. It was established in 1961 and as of March of 2018, it had grown to 94 employees at 12 locations. Western Commerce Bank has an A health rating.
|FDIC Certificate #||18389|
|Return on Assets - YTD||1.75%|
|Return on Equity - YTD||20.81%|
|Annual Interest Income||$4.2MM|
|Assets and Liabilities|
|Assets||Q1 2018vs Q1 2017||$440.0MM$404.3MM|
|Loans||Q1 2018vs Q1 2017||$202.1MM$169.0MM|
|Deposits||Q1 2018vs Q1 2017||$405.4MM$369.6MM|
|Equity Capital||Q1 2018vs Q1 2017||$34.4MM$34.5MM|
|Loan Loss Allowance||Q1 2018vs Q1 2017||$2.1MM$2.0MM|
|Unbacked Noncurrent Loans||Q1 2018vs Q1 2017||$422.00K$0|
|Real Estate Owned||Q1 2018vs Q1 2017||$1.6MM$4.7MM|
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