First New Mexico Bank, Las Cruces
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 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (8.2).
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) and a capital leverage ratio of 13.5. Operating profits as a percentage of assets at 2.2%, coupled with a return on assets of 1.7 has resulted in Excellent (9.5) profitability.
Asset Mix:
Comm re (28%), securities (20%), cash (13%), home mtgs (12%), comm loans (3%), consumer loans (1%), other (22%)
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
3000 East Lohman Avenue
Las Cruces, NM 88011
Las Cruces, NM 88011
Phone Number
(575) 556-3000
Year Founded
2008
FDIC Number
Largest Affiliates
Deming, NM
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Bank
Silver City, NM
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Bank