First New Mexico Bank of Silver City in city_name, state_name

First New Mexico Bank of Silver City in Silver City, New Mexico (NM)
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First New Mexico Bank of Silver City routing number info

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First New Mexico Bank of Silver City - Overview

General
FDIC Certificate #: 24865
Status: Active
Federal Reserve ID: 495558
Bank Holding Company (Regulatory Top Holder): First New Mexico Financial Corporation (RSSDID: 1107830, Location: Deming, NM)
Date Established: January 04, 1984
WWW: http://www.fnmbsc.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 17241
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 04, 1984
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 1928 Hwy 180 East, Silver City, NM 88061
County: Grant
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Albuquerque
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Silver City, NM (#43500)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $85.9 mil
Equity capital: $9.2 mil
Deposits held in domestic offices: $75.3 mil
Return on assets (ROA): 1.22% ($1.0 mil)
Quarterly return on assets: 1.40% ($1.2 mil)
Return on Equity (ROE): 11.61% ($1.0 mil)
Quarterly return on equity: 13.33% ($1.2 mil)
Net income: $1.0 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.56% ($1,340.0 mil)
Quarterly Pretax return on assets: 1.62% ($1,391.5 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
21Total employees (full-time equivalent)
$85,897Total assets
$14,369Cash and due from depository institutions
$12,201Interest-bearing balances
$34,092Securities
$2,500Federal funds sold & reverse repurchase agreements
$30,350Net loans & leases
$657Loan loss allowance
$0Trading account assets
$2,387Bank premises and fixed assets
$40Other real estate owned
$0Goodwill and other intangibles
$85,897Life insurance assets
$2,159All other assets
$76,714Total liabilities and capital
$75,255Total liabilities
$68,254Total deposits
$75,255Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,459Subordinated debt
$9,183All other liabilities
$9,183Total equity capital
$9,183Total bank equity capital
$0Perpetual preferred stock
$500Common stock
$1,800Surplus
$6,883Undivided profits
Memoranda
$0Noncurrent loans and leases
$711Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$694Income earned, not collected on loans
$0Earning assets
$643Long-term assets (5+ years)
$79,143Average Assets, year-to-date
$22,449Average Assets, quarterly
$84,696Volatile liabilities
$86,414Insider loans
$46,134FHLB advances
$86,414Loans and leases held for sale
$1,087Unused loan commitments
$1,087Tier 1 (core) risk-based capital
$9,183Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,238Restructured Loans and leases
$212Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$4,018Total interest income
$584Total interest expense
$3,434Net interest income
$95Provision for loan and lease losses
$448Total noninterest income
$0Fiduciary activities
$220Service charges on deposit accounts
$0Trading account gains & fees
$228Additional noninterest income
$2,466Total noninterest expense
$1,092Salaries and employee benefits
$299Premises and equipment expense
$1,075Additional noninterest expense
$1,321Pre-tax net operating income
$0Securities gains (losses)
$286Applicable income taxes
$1,035Income before extraordinary items
$0Extraordinary gains - net
$1,035Net income attributable to bank
$0Net charge-offs
$1,035Cash dividends
$91Sale, conversion, retirement of capital stock, net
$576Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.18%Yield on earning assets
0.75%Cost of funding earning assets
4.43%Net interest margin
0.58%Noninterest income to earning assets
3.18%Noninterest expense to earning assets
1.22%Net operating income to assets
1.22%Return on assets (ROA)
1.56%Pretax return on assets
11.61%Return on equity (ROE)
5.15%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
104.40%Credit loss provision to net charge-offs
15.56%Efficiency ratio
63,524Assets per employee
4.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
55.65%Loss allowance to loans
2.12%Loss allowance to noncurrent loans
94.67%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
2.24%Net loans and leases to deposits
40.33%Net loans and leases to core deposits
40.88%Equity capital to assets
10.69%Core capital (leverage) ratio
10.63%Tier 1 risk-based capital ratio
19.91%Total risk-based capital ratio
Memoranda
$21Average assets
$84,696Average earning assets
$8,915Average equity
$77,549Average loans

List of branches

2 New Mexico Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	17241	First New Mexico Bank Of Silver City	1928 Hwy 180 East, Silver City, NM 88061	January 04, 1984	Full Service Brick and Mortar
3	501276	First New Mexico Bank Of Silver City	1100 N. Hudson, Silver City, NM 88061	December 28, 2009	Full Service Brick and Mortar

First New Mexico Bank of Silver City in Silver City, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

First New Mexico Bank of Silver City - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First New Mexico Bank of Silver City in Silver City, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

First New Mexico Bank of Silver City - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First New Mexico Bank of Silver City in Silver City, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches