Western Bank
FDIC #2249
📍 Lordsburg, New Mexico
Western Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in 09/29/1907. With assets of $276.66 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: January 9, 2023
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
January 9, 2023
Satisfactory
November 27, 2017
Satisfactory
September 10, 2012
Outstanding
💰 Financial Strength
Total Assets$276.66 Million
Total Deposits$243.55 Million
Equity Capital$29.57 Million
Net Income$4.10 Million
📈 Performance
ROA1.94%
ROE19.60%
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
Established09/29/1907
FDIC Cert2249
Holding CoLordsburg 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
2006
Relocation
Moved HQ to: 140 East Motel Drive, Lordsburg, NM 88045.
1983
Name Change
Name became: Changed Institution Name To Western Bank.