First New Mexico Bank, Las Cruces is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in January 14, 2008.
With assets of $154.44 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: June 1, 2021
Satisfactory
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
June 1, 2021
Satisfactory
November 1, 2015
Satisfactory
July 1, 2010
Satisfactory
💰 Financial Strength
Total Assets$154.44 Million
Total Deposits$130.78 Million
Equity Capital$19.35 Million
Net Income$1.61 Million
📈 Performance
ROA1.35%
ROE11.35%
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.
📞 Contact & Location
Address3000 E Lohman Ave Las Cruces, New Mexico 88011