The Bank of New Mexico in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 21, 1998

  • The Bank of New Mexico in Albuquerque, New Mexico (NM)
  • Show street view No street view available for this location

The Bank of New Mexico - Overview

  • General
  • FDIC Certificate #: 21677
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: Wells Fargo Bank New Mexico, National Association (#2252)
    Federal Reserve ID: 491756
    Date Established: July 09, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 30 (Interstate: No)
    OTS Docket #: 10520
    FDIC's unique #: 15000
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 09, 1974
    Last Structure Change Effective Date: November 21, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 320 Gold Avenue, S.W., Albuquerque, NM 87102
    County: Bernalillo
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Albuquerque, NM (#200)
    Core Based Statistical Area (CBSA): Albuquerque, NM (#10740)
    CBSA Metro Statistical Area: Albuquerque, NM (#10740)
  • Financial Summary
  • Total assets: $338.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 313Total employees (full-time equivalent)
  • $382,102Total assets
  • $22,884Cash and due from depository institutions
  • $175Interest-bearing balances
  • $41,418Securities
  • $6,230Federal funds sold & reverse repurchase agreements
  • $297,676Net loans & leases
  • $3,228Loan loss allowance
  • $0Trading account assets
  • $9,323Bank premises and fixed assets
  • $177Other real estate owned
  • $169Goodwill and other intangibles
  • $0Life insurance assets
  • $4,225All other assets
  • $382,102Total liabilities and capital
  • $356,296Total liabilities
  • $327,541Total deposits
  • $277,040Interest-bearing deposits
  • $327,541Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $14,494Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,036Other borrowed funds
  • $0Subordinated debt
  • $3,225All other liabilities
  • $25,806Total equity capital
  • $25,806Total bank equity capital
  • $25,806Perpetual preferred stock
  • $0Common stock
  • $2,313Surplus
  • $6,993Undivided profits
  • Memoranda
  • $16,500Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,455Earning assets
  • $0Long-term assets (5+ years)
  • $2,360Average Assets, year-to-date
  • $345,499Average Assets, quarterly
  • $22,842Volatile liabilities
  • $353,817Insider loans
  • $383,661FHLB advances
  • $65,661Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,055Total risk weighted assets
  • $102,681Total unused commitments
  • $0Restructured Loans and leases
  • $317,673Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $34,509Total interest income
  • $13,371Total interest expense
  • $21,138Net interest income
  • $300Provision for loan and lease losses
  • $5,721Total noninterest income
  • $0Fiduciary activities
  • $1,096Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,625Additional noninterest income
  • $20,433Total noninterest expense
  • $12,095Salaries and employee benefits
  • $3,302Premises and equipment expense
  • $5,036Additional noninterest expense
  • $6,129Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,227Applicable income taxes
  • $3,902Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,902Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$551Sale, conversion, retirement of capital stock, net
  • $1,550Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.68%Yield on earning assets
  • 4.14%Cost of funding earning assets
  • 6.54%Net interest margin
  • 1.77%Noninterest income to earning assets
  • 6.32%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 16.15%Return on equity (ROE)
  • 9.74%Retained earnings to average equity (YTD only)
  • -0.20%Net charge-offs to loans
  • -54.45%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 75,997Assets per employee
  • 1.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 39.72%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 72.46%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 1.48%Net loans and leases to deposits
  • 90.88%Net loans and leases to core deposits
  • 104.89%Equity capital to assets
  • 6.75%Core capital (leverage) ratio
  • 6.65%Tier 1 risk-based capital ratio
  • 8.05%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $353,817Average earning assets
  • $24,158Average equity
  • $323,217Average loans

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