Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 2.2 percent of nonperforming loans to core capital combined with 12.6 percent from a year earlier contributes to the Good asset quality (6.5).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 14.7. Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.5 has resulted in Excellent (7.4) profitability.
Asset Mix:
Securities (35%), comm re (25%), cash (7%), home mtgs (6%), comm loans (5%), consumer loans (1%), other (20%)
States with Branches:
NM
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
First New Mexico Financial Corporation
Investment Rating
--
Address
300 South Gold Avenue
Deming, NM 88030
Deming, NM 88030
Phone Number
(575) 546-2691
Year Founded
1962
FDIC Number
Largest Affiliates
Las Cruces, NM
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Bank
Silver City, NM
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Bank