Pioneer Bank (Roswell, NM)

Pioneer Bank is one of the more profitable banks of its size. The Roswell, New Mexico bank had $1.1 billion in assets at June 30, 2026, up 2.0% from a year earlier. It earns about $2.89 a year on every $100 of assets, about double the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also keeps 5.08 cents of net interest income on every dollar of earning assets, higher than about 9 in 10 banks its size (median 3.71 cents). Much of that comes from cost control: it spends about 47 cents to bring in each dollar of revenue.

Its $130 million commercial and industrial book is improving, with 5.99% past due or on nonaccrual, down from 8.75% a year earlier. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.69% of loans, down from 2.21% a year earlier. Credit is the area to watch: it carries problem assets equal to 10.1% of the capital and reserves that would absorb them, about triple the median of 3.6% for banks its size.

As of June 30, 2026, Pioneer Bank reported a CET1 capital ratio of 17.51%, a return on assets of 2.89%, a nonperforming-loan ratio of 1.71% and a Texas ratio of 10.11%. The figures come from its call report filed with the FFIEC.