First New Mexico Bank

Deming, NM
IDRSSD: 712956
Total Assets
$264.18M
Latest filing
Total Deposits
$221.21M
Latest filing
Net Interest Margin
4.08%
Profitability

Locations

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Main Office
First New Mexico Bank
300 S Gold Ave
Deming, NM 88030
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/30/1962FDIC Certificate 12406

Branches (2)

Page 1 of 1
NameAddressCity / State
First New Mexico Bank (Main)300 S Gold AveDeming, NM
MOTOR BRANCH1501 Columbus RdDeming, NM
COLUMBUS BRANCH153 South Main StreetColumbus, NM
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date04/30/1962
Community BankYes
Ownership TypeNot Mutual
ZIP88030
State and County Number35029
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameDeming, NM

Operational Info

Number of Employees33
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance04/30/1962
Primary Insurance AgencyDIF
Websitewww.firstnewmexicobank.com
Data Updated11/14/2025
CERT18514
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$264.18M
Total Deposits$221.21M
Total Liabilities$225.67M
Total Equity Capital$38.51M
Net Income$1.05M
Net Loans and Leases$119.23M
Assets Per Employee ($Millions)$7.77M
Bank Premises and Fixed Assets$2.48M
Cash and Balances due from Depository Institutions$17.30M
Deposits Held in Domestic Offices$221.21M

Key Performance Ratios

Return on Assets (ROA)1.61%
Return on Equity (ROE)11.08%
Net Interest Margin4.08%
Efficiency Ratio40.32%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.46%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets14.577%
Earning Assets to total Assets92.18%

Income and Expense

Total Interest Income$3.18M
Total Noninterest Income$246.00k
Total Interest Expense$711.00k
Total Noninterest Expense$1.09M
Net Interest Income$2.46M
Pre-tax Net Operating Income$1.32M
Provision for Credit Losses$300.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$2.25M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$18.40M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.46M
Total Liabilities and Capital$264.18M

Securities

Securities$98.35M
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$98.35M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First New Mexico Bank?
$264.18M as of the latest filing.
How much are First New Mexico Bank's total deposits?
$221.21M in total deposits.
Where is First New Mexico Bank located?
Deming, NM.
What is the Net Interest Margin?
4.08%.
How many domestic offices does it operate?
3.
When was it established?
04/30/1962.
What is the Return on Assets (ROA)?
1.61%.
How much are total loans and leases?
$119.23M (latest filing).
What is the total interest income (latest filing)?
$3.18M.