First New Mexico Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Yield on securities rose 0.49 percentage points in Q2 2026 to 3.36%, the biggest move on this page. First New Mexico Bank ranks 17th of 29 New Mexico banks on net interest margin, in the lower half at 4.20% (Q2 2026). The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First New Mexico Bank sits 0.25 points higher, at 4.20% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.27% |
| Yield on loans | 7.10% |
| Yield on securities | 3.54% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.21% |
| Cost of interest-bearing deposits | 1.81% |
| Cost of interest-bearing liabilities | 1.81% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.20% |
| Yield to cost spread | 3.46% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.2M |
| Total interest expense | $700K |
| Interest expense on deposits | $700K |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.67% | 0.89% | 3.87% | 6.54% | 2.87% |
| Q4 2023 | 4.75% | 1.24% | 3.65% | 5.83% | 3.48% |
| Q1 2024 | 4.86% | 1.23% | 3.77% | 6.24% | 2.94% |
| Q2 2024 | 4.81% | 1.37% | 3.57% | 6.24% | 3.11% |
| Q3 2024 | 5.09% | 1.36% | 3.86% | 6.48% | 3.10% |
| Q4 2024 | 4.95% | 1.34% | 3.79% | 6.64% | 3.12% |
| Q1 2025 | 5.21% | 1.30% | 4.06% | 7.02% | 3.15% |
| Q2 2025 | 5.12% | 1.31% | 3.96% | 6.65% | 3.26% |
| Q3 2025 | 5.29% | 1.29% | 4.14% | 6.86% | 3.50% |
| Q4 2025 | 5.44% | 1.28% | 4.29% | 7.38% | 3.55% |
| Q1 2026 | 5.17% | 1.20% | 4.10% | 7.26% | 3.35% |
| Q2 2026 | 5.27% | 1.21% | 4.20% | 7.10% | 3.54% |
First New Mexico Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock First New Mexico Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full First New Mexico Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 18514) · FFIEC NIC profile (RSSD 712956)