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BanksFirst New Mexico Bank

First New Mexico Bank

DEMING, NMSmallEst. Apr 30, 1962FDIC #18514RSSD #712956FDIC
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First New Mexico Bank is an FDIC-insured commercial bank. The Q1 2026 balance sheet stands at $274M in assets, including $126M in loans. The bank posts a strong 1.71% ROA and 11.93% ROE. Under the simplified Community Bank Leverage Ratio framework, leverage of 14.51% exceeds the 9% CBLR threshold. Asset quality is pristine — 0.20% NPLs and a 9.14% Texas Ratio. 3 branches make up the footprint.

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
Fed District
13
Established
April 30, 1962
Branches
3 domestic
Employees (FTE)
32
FDIC Cert
18514
Fed RSSD
712956
Assets
$274M
Deposits
$231M
Loans
$126M
Equity
$40M

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Quarterly trend — last 6 quarters

Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.

QuarterCET1ROANPLTexasNIM
2026-03-311.71%0.20%9.14%4.10%
2025-12-311.86%0.37%8.41%4.29%
2025-09-301.60%0.52%7.70%4.14%
2025-06-301.42%0.60%8.92%3.96%
2025-03-311.32%2.16%7.46%4.06%
2024-12-311.56%3.62%12.35%3.79%

Branch Network

Every branch from the FDIC Summary of Deposits — mapped, and listed with the deposits booked at each location.

BranchLocationZIPDeposits
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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.

  1. Structure Change
    Failure, Government Assistance Provided
    FFIEC NIC
  2. Participated in Absorption/Consolidation/Merger
    FDIC

Sourced from unified bank events (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.

Frequently asked about First New Mexico Bank

What are First New Mexico Bank's total assets?

As of the Q1 2026 filing, First New Mexico Bank reported total assets of $274.4 million in its most recent FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.

Where is First New Mexico Bank headquartered?

First New Mexico Bank is headquartered in DEMING, NM, United States. It files quarterly FFIEC call reports as required of all FDIC-insured commercial banks.

When was First New Mexico Bank founded?

First New Mexico Bank was established in 1962, per the FDIC institution directory.

Is First New Mexico Bank FDIC-insured?

Yes. First New Mexico Bank 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. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.

How many branches does First New Mexico Bank operate?

First New Mexico Bank operates 3 domestic branches, per the most recent FDIC Summary of Deposits filing.

What is First New Mexico Bank's Texas Ratio?

First New Mexico Bank's Texas Ratio is 9.14% — within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; see our /glossary/texas-ratio/ page for the full definition.

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