First New Mexico Bank
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Data as of · sourced from FFIEC call reports. How we update
First New Mexico Bank is an FDIC-insured commercial bank headquartered in Deming, NM, established in 1962 (FDIC certificate 18514), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $275.1M, up 6.5% from Q2 2025, the 21st largest of 29 banks headquartered in New Mexico. It reports no CET1 ratio; its Tier 1 leverage ratio was 14.73% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 18514
- Headquarters
- Deming, NM
- Established
- 1962
- Total assets, Q2 2026
- $275.1M
- Assets vs Q2 2025
- +6.5%
- Tier 1 leverage ratio, Q2 2026
- 14.73%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 112202372
- Latest call report
- Q2 2026, FFIEC 051 · First New Mexico Bank call report
- Holding company
- FIRST NEW MEXICO FINANCIAL CORPORATION
- Asset rank in state
- 21st of 29 in New Mexico
First New Mexico Bank runs leaner than most banks of its size. The Deming, New Mexico bank had $275 million in assets at June 30, 2026, up 6.5% from a year earlier. It spends about 46 cents to bring in each dollar of revenue, lower than about three-quarters of the 2,660 banks with $100 million to $1 billion in assets (median 61 cents). It also funds 14.73% of its assets with Tier 1 capital, higher than about three-quarters of banks its size (median 10.99%).
Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.16% of loans from 0.82%. Loans and deposits moved in opposite directions: over the year loans fell 1.6% and deposits rose 6.8%. One more trend to watch: delinquency has appeared in its $51 million non-owner-occupied commercial real estate book: 0.89% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, First New Mexico Bank reported a return on assets of 1.63%, a nonperforming-loan ratio of 0.16% and a Texas ratio of 5.11%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First New Mexico Bank is the 21st largest of the 29 banks headquartered in New Mexico. From Q1 2026 to Q2 2026, its total assets rose 0.3% to $275.1M, loans fell 1.5% and deposits rose 0.1%. Non-owner-occupied commercial real estate loans made up 40.9% of its total loans on June 30, 2026, its largest category; next came 1-4 family residential loans at 13.8%. Its 3 offices in the FDIC Summary of Deposits are in Deming, NM and Columbus, NM; its Deming 2 offices book 100% of its branch deposits. Judged on its Q2 2026 call report, First New Mexico Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 300 S Gold Ave, Deming, NM 88030
- County
- Luna
- Metro Area
- Deming, NM
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 30, 1962
- Former names
- Deming National Bank (1973-1986)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $230.9M
- Allowance for credit losses
- $2.7M
- Net charge-offs (YTD)
- $258K
- Average total assets
- $274.8M
- Average total loans
- $124.7M
- Average interest-bearing deposits
- $155.9M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 30, 1962
- FDIC Cert
- 18514
- Fed RSSD
- 712956
- Website
- www.firstnewmexicobank.com →
- Parent Holding Company
- FIRST NEW MEXICO FINANCIAL CORPORATION (RSSD 1107830)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, First New Mexico Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, First New Mexico Bank's total assets ran between $256.3M (Q3 2023) and $276.2M (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$275.1M total assets against $258.4M; $234.9M total liabilities against $221.0M.
$121.0M net loans and leases against $123.0M; $230.9M total deposits against $216.1M.
$101.9M securities against $93.0M; $40.9M cash and balances due against $30.8M.
$3.4M total interest income against $3.1M; $700K total interest expense against $726K.
$2.7M net interest income against $2.4M.
$313K total noninterest income against $221K; $1.4M total noninterest expense against $1.2M.
$220K provision for credit losses against $150K.
$1.1M net income against $935K.
1.63% return on assets against 1.42%; 4.20% net interest margin against 3.96%.
14.73% tier 1 leverage ratio against 14.35%.
Inside the full First New Mexico Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst New Mexico Bank rankings
Its closest position to the top of a national ranking is 444 of 3,606, for efficiency ratio; its furthest is 2,583 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.32% (Q1 2025) to 1.86% (Q4 2025) and its net interest margin ran from 3.79% (Q4 2024) to 4.29% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.73% | 1.63% | 0.16% | 5.11% | 4.20% |
| Q1 2026 | 14.51% | 1.71% | 1.30% | 9.14% | 4.10% |
| Q4 2025 | 14.53% | 1.86% | 1.02% | 8.41% | 4.29% |
| Q3 2025 | 14.73% | 1.60% | 0.76% | 7.70% | 4.14% |
| Q2 2025 | 14.35% | 1.42% | 0.82% | 8.92% | 3.96% |
| Q1 2025 | 13.80% | 1.32% | 2.30% | 7.46% | 4.06% |
| Q4 2024 | 13.55% | 1.56% | 3.76% | 12.35% | 3.79% |
| Q3 2024 | 13.62% | 1.54% | 3.77% | 12.56% | 3.86% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First New Mexico Bank (main office) | Deming , NM | 88030 | $230.9M |
| Motor Branch | Deming , NM | 88030 | $0 |
| Columbus Branch | Columbus , NM | 88029 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 19, 1991 | Structure Change | Acquired Silver Savings Association, F.A. Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| January 18, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- None against the institution on file; 2 against individuals associated with it
- Period: Most recent action November 6, 1997. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.5% of deposits in NM, rank 36 of 55 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $50K approved, $50K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2021 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First New Mexico Bank
What are First New Mexico Bank's total assets?
As of the Q2 2026 filing, First New Mexico Bank reported total assets of $275.1 million in its FFIEC call report.
Where is First New Mexico Bank headquartered?
It is headquartered in Deming, NM, United States.
When was First New Mexico Bank founded?
It was established in 1962, per the FDIC institution directory.
Is First New Mexico Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18514). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First New Mexico Bank?
First New Mexico Bank's primary federal regulator is the FDIC.
How many branches does First New Mexico Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First New Mexico Bank's Texas Ratio?
Its Texas Ratio is 5.11% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First New Mexico Bank previously called?
The charter now named First New Mexico Bank has also operated as Deming National Bank (1973-1986), per FDIC structure-change records.
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