First New Mexico Bank, Las Cruces: 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, Net interest margin rose 0.25 percentage points in Q2 2026 to 5.20%, the biggest move on this page. Within New Mexico, First New Mexico Bank, Las Cruces is 4th of 29 on net interest margin, 5.20% as of Q2 2026, above the middle of the field. The median for banks in the $100M-1B asset tier is 3.95% on net interest margin. First New Mexico Bank, Las Cruces sits 1.25 points higher, at 5.20% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.19% |
| Yield on loans | 7.96% |
| Yield on securities | 3.24% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.08% |
| Cost of interest-bearing deposits | 1.90% |
| Cost of interest-bearing liabilities | 1.90% |
| Cost of borrowings | — |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 5.20% |
| Yield to cost spread | 4.29% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $2.0M |
| Total interest expense | $399K |
| Interest expense on deposits | $399K |
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 | 6.23% | 0.97% | 5.33% | 8.43% | 2.80% |
| Q4 2023 | 6.44% | 1.02% | 5.51% | 8.62% | 2.83% |
| Q1 2024 | 6.31% | 1.07% | 5.34% | 8.50% | 2.81% |
| Q2 2024 | 6.50% | 1.17% | 5.44% | 8.66% | 2.88% |
| Q3 2024 | 6.66% | 1.24% | 5.55% | 8.74% | 2.89% |
| Q4 2024 | 6.67% | 1.18% | 5.59% | 8.66% | 2.91% |
| Q1 2025 | 6.36% | 1.10% | 5.36% | 8.24% | 2.91% |
| Q2 2025 | 6.60% | 1.09% | 5.63% | 8.61% | 2.89% |
| Q3 2025 | 6.56% | 1.13% | 5.55% | 8.32% | 2.97% |
| Q4 2025 | 6.39% | 1.10% | 5.39% | 8.13% | 3.07% |
| Q1 2026 | 5.89% | 1.05% | 4.95% | 7.67% | 3.12% |
| Q2 2026 | 6.19% | 1.08% | 5.20% | 7.96% | 3.24% |
First New Mexico Bank, Las Cruces 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, Las Cruces, 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, Las Cruces profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 58745) · FFIEC NIC profile (RSSD 3623969)