First New Mexico Bank
FDIC #18514
📍 Deming, New Mexico
First New Mexico Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 04/30/1962. With assets of $256.28 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
December 1, 2024
Satisfactory
December 1, 2018
Satisfactory
November 1, 2012
Satisfactory
💰 Financial Strength
Total Assets$256.28 Million
Total Deposits$217.79 Million
Equity Capital$33.59 Million
Net Income$2.70 Million
📈 Performance
ROA1.40%
ROE10.89%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established04/30/1962
FDIC Cert18514
Holding CoFirst Nm Financial Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
1991
Name Change
Name became: Changed Institution Name To First New Mexico Bank.
1986
Name Change
Name became: Changed Institution Name To Deming National Bank.
1986
Relocation
Moved HQ to: 300 South Gold Avenue, Deming, NM 88030.