Western Commerce Bank
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Data as of · sourced from FFIEC call reports. How we update
Western Commerce Bank is an FDIC-insured commercial bank headquartered in Carlsbad, NM, established in 1961 (FDIC certificate 18389), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $863.5M, up 7.4% from Q2 2025, the 7th largest of 29 banks headquartered in New Mexico. Its CET1 capital ratio was 21.03% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 18389
- Headquarters
- Carlsbad, NM
- Established
- 1961
- Total assets, Q2 2026
- $863.5M
- Assets vs Q2 2025
- +7.4%
- CET1 ratio, Q2 2026
- 21.03%
- Domestic offices
- 12 FDIC institution directory, current count
- Routing number
- 112201085
- Latest call report
- Q2 2026, FFIEC 051 · Western Commerce Bank call report
- Holding company
- WESTERN COMMERCE BANCSHARES OF CARLSBAD, INC.
- Asset rank in state
- 7th of 29 in New Mexico
Western Commerce Bank is one of the more profitable banks of its size. Its balance sheet stood at $864 million at June 30, 2026, up 7.4% from a year earlier; it is based in Carlsbad, New Mexico. It earns about $3.13 a year on every $100 of assets, 2.5 times the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 40 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 61 cents).
The non-owner-occupied commercial real estate book ($166 million) is worsening: 5.52% of it is past due or on nonaccrual, up from 2.96% a year earlier. Its $83 million commercial and industrial book is improving, with 8.83% past due or on nonaccrual, down from 10.30% a year earlier. Where it has less room is capital: it funds 8.82% of its assets with Tier 1 capital, lower than about 9 in 10 banks its size (median 10.99%).
As of June 30, 2026, Western Commerce Bank reported a CET1 capital ratio of 21.03%, a return on assets of 3.13%, a nonperforming-loan ratio of 2.30% and a Texas ratio of 10.33%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Western Commerce Bank is the 7th largest of the 29 banks headquartered in New Mexico. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 3.7% to $863.5M, loans rose 2.4% and deposits fell 4.4%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 32.9% of total loans, followed by 1-4 family residential loans at 31.4%. The FDIC Summary of Deposits lists 12 offices for it, in 8 cities in NM; its Carlsbad 3 offices book 58% of its branch deposits. Judged on its Q2 2026 call report, Western Commerce Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 127 S Canyon St, Carlsbad, NM 88220
- County
- Eddy
- Metro Area
- Carlsbad-Artesia, 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
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- June 3, 1961
- Former names
- Commerce Bank and Trust (1972-1982)
- Domestic offices
- 12 FDIC institution directory, current count
- Employees (FTE)
- 101
- Domestic deposits
- $779.5M
- Allowance for credit losses
- $5.3M
- Net charge-offs (YTD)
- $5K
- Average total assets
- $935.1M
- Average total loans
- $489.0M
- Average interest-bearing deposits
- $535.5M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- June 3, 1961
- FDIC Cert
- 18389
- Fed RSSD
- 169756
- Website
- http://www.wcb.net →
- Parent Holding Company
- WESTERN COMMERCE BANCSHARES OF CARLSBAD, INC. (RSSD 1109227)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
Western Commerce Bank's total assets moved between a low of $744.6M (Q2 2024) and a high of $896.9M (Q1 2026) from Q3 2023 to Q2 2026, 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
$863.5M total assets against $804.4M; $781.1M total liabilities against $729.9M.
$497.7M net loans and leases against $451.3M; $779.5M total deposits against $727.3M.
$262.5M securities against $259.0M; $82.2M cash and balances due against $71.3M.
$12.5M total interest income against $11.6M; $886K total interest expense against $954K.
$11.6M net interest income against $10.7M.
$790K total noninterest income against $667K; $5.0M total noninterest expense against $4.5M.
$75K provision for credit losses against $75K.
$7.3M net income against $6.8M.
3.13% return on assets against 3.32%; 5.26% net interest margin against 5.32%.
21.03% CET1 capital ratio against 21.37%; 8.82% tier 1 leverage ratio against 9.10%.
Inside the full Western Commerce Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
Western Commerce Bank rankings
Its closest position to the top of a national ranking is 62 of 3,611, for ROA; its furthest is 1,172 of 4,196, for total assets.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 2.91% (Q1 2025) to 3.32% (Q2 2025) and its net interest margin ran from 5.10% (Q1 2026) to 5.39% (Q3 2024).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 21.03% | 3.13% | 2.30% | 10.33% | 5.26% |
| Q1 2026 | 21.35% | 2.93% | 2.15% | 9.50% | 5.10% |
| Q4 2025 | 23.20% | 3.03% | 2.05% | 8.45% | 5.34% |
| Q3 2025 | 16.68% | 3.22% | 2.52% | 9.77% | 5.27% |
| Q2 2025 | 21.37% | 3.32% | 2.66% | 10.70% | 5.32% |
| Q1 2025 | 19.99% | 2.91% | 2.66% | 12.37% | 5.15% |
| Q4 2024 | 21.79% | 3.16% | 1.31% | 1.00% | 5.34% |
| Q3 2024 | 20.51% | 3.24% | 1.49% | 1.22% | 5.39% |
Swipe the table sideways to see every column.
Branch Network
View all 12 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 |
|---|---|---|---|
| Western Commerce Bank (main office) | Carlsbad , NM | 88220 | $397.8M |
| Lovington Main Branch | Lovington , NM | 88260 | $108.3M |
| Hobbs Branch | Hobbs , NM | 88240 | $71.5M |
| Loving Branch | Loving , NM | 88256 | $65.7M |
| South Branch | Carlsbad , NM | 88220 | $29.6M |
| Tatum Branch | Tatum , NM | 88267 | $27.8M |
| North Canal Branch | Carlsbad , NM | 88220 | $22.2M |
| Clovis Branch | Clovis , NM | 88101 | $21.8M |
| Albuquerque Branch | Albuquerque , NM | 87112 | $21.5M |
| Portales Branch | Portales , NM | 88130 | $7.1M |
| Hobbs Downtown Office | Hobbs , NM | 88240 | $6.2M |
| Grimes Branch | Hobbs , NM | 88240 | $25K |
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 |
|---|---|---|---|
| June 1, 2023 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2023 | Structure Change | Acquired Western Bank of Clovis Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| May 24, 1991 | Structure Change | Acquired Liberty National Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| May 23, 1991 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 17, 1990 | Structure Change | Acquired Security Federal Savings Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| November 16, 1990 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.7% of deposits in NM, rank 16 of 55 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 125 applications, 108 loans originated, $31.4M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 30 loans, $17.7M approved, $590K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 Western Commerce Bank
What are Western Commerce Bank's total assets?
As of the Q2 2026 filing, Western Commerce Bank reported total assets of $863.5 million in its FFIEC call report.
Where is Western Commerce Bank headquartered?
It is headquartered in Carlsbad, NM, United States.
When was Western Commerce Bank founded?
It was established in 1961, per the FDIC institution directory.
Is Western Commerce Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #18389). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Western Commerce Bank?
Western Commerce Bank's primary federal regulator is the FDIC.
What is Western Commerce Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 21.03% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Western Commerce Bank operate?
It operates 12 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Western Commerce Bank's Texas Ratio?
Its Texas Ratio is 10.33% 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 Western Commerce Bank previously called?
The charter now named Western Commerce Bank has also operated as Commerce Bank and Trust (1972-1982), per FDIC structure-change records.
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