The catalogue › United States › Southwest › New Mexico
The state note · prepared 7 September 2026

New Mexico

29 banks and 37 credit unions read from their latest filings, every institution ranked against the rest of the state.

Small-business lending ↓

Banks

29 banks filing · read from the 30 June 2026 Call Report
29
banks filing
$16.4B in assets
+5.8%
Loans, year over year
median; 8 above 10%, 7 shrinking
37.3%
CRE / loans
median
60.3%
Loans / deposits
median
0.48%
NPA / loans
median
9.8%
Equity / assets
median

New Mexico's 29 banks hold $16.4B in assets at 30 June 2026. First American Bank is the largest at $1.9B, and the five largest hold 42% of the total; 6 institutions are above $1B, holding $8.0B.

Loans grew a median +5.8% in the year to 30 June 2026: 8 institutions grew faster than 10% and 7 shrank. The median bank lends 60% of its deposits and holds commercial real estate at 37.3% of loans. Nonperforming loans sit at a median 0.48% of the book, return on assets at 1.95%, and equity at 9.8% of assets.

None of the 29 is in the catalogue yet.

Who holds the state's assetseach institution's share of the $16.4B the state's 29 hold; the largest first, amber in the catalogue
First American Bank: 11.6%FA12%Century Bank: 8.3%CB8%Inbank: 8.2%I8%Citizens Bank of Las Cruces: 7.1%CB7%Pioneer Bank: 6.7%PBCNB Bank: 6.5%CBWestern Commerce Bank: 5.3%WCCitizens Bank: 4.9%CBLea County State Bank: 4.5%LCFour Corners Community Bank: 4.0%FC19 others 33%FAFirst American Bank11.6%CBCentury Bank8.3%IInbank8.2%CBCitizens Bank of Las …7.1%PBPioneer Bank6.7%CBCNB Bank6.5%WCWestern Commerce Bank5.3%CBCitizens Bank4.9%LCLea County State Bank4.5%FCFour Corners Communit…4.0%

First American Bank holds 11.6% of the state's bank assets; the five largest hold 42%, and 6 of the 29 are above $1B.

How concentrated that iscumulative share of assets against the share of institutions, largest first; the Gini from the drawn curve
0%0%25%25%50%50%75%75%100%100%equal sharesThe largestFirst American Bank: 12% of the totalThe five largest42% of the totalThe ten largest67% of the totalGINI0.40 = equal shares · 1 = one holds everythingshare of institutions, largest first →↑ share of the total

The curve's distance from the diagonal is the concentration: 42% of the assets in 17% of the institutions. A Gini near zero would mean equal shares; one would mean a single holder.

What the state's banks lendthe loan book of every bank in the state, summed by category as filed
Nonfarm nonresidential, non-owner-occupied26.1%$2.4BCommercial & industrial22.0%$2.1BNonfarm nonresidential, owner-occupied14.2%$1.3B1-4 family residential, closed-end13.0%$1.2BConstruction & land10.1%$949MMultifamily4.2%$390MConsumer, other2.8%$262MFarmland2.2%$210MAgricultural production1.9%$174MOther loans and leases1.4%$135MHome equity lines1.0%$94MStates & municipalities0.6%$57MAuto0.4%$40MCredit card0.0%$3M

Nonfarm nonresidential, non-owner-occupied is the largest category at 26.1% of the state's $9.4B in loans, then Commercial & industrial at 22.0% and Nonfarm nonresidential, owner-occupied at 14.2%.

Loans, year over yearNew Mexico banks, 30 June 2026 against a year earlier · no better direction, largest first · the 25 highest of 28 · amber, in the catalogue
state median +5.8% SC Southwest Capital Bank +30.1% FC Four Corners Community Bank +22.7% CB Citizens Bank of Las Cruces +21.8% CB CNB Bank +20.4% Cs Community 1st Bank Las Vegas +16.6% JP James Polk Stone Community Bank +14.3% CB Centinel Bank of Taos +11.1% WC Western Commerce Bank +10.2% VB Valley Bank of Commerce +9.6% WB Western Bank +8.1% Bo Bank of Clovis +7.5% FS First State Bank +6.6% FA First American Bank +6.4% Bo Bank of the Southwest +6.2% FN First NM Bank Las Cruces +5.3% WB Western Bank +3.6% PB Pioneer Bank +2.4% FN First National Bank +2.3% LC Lea County State Bank +1.9% CB Citizens Bank +1.7% CB Century Bank +0.1% MB Main Bank -1.4% FN First New Mexico Bank -1.6% I Inbank -1.7% FN First NM Bank of Silver City -4.1%

Southwest Capital Bank grew fastest at +30.1%; 8 grew faster than 10% and 7 shrank, Tucumcari Federal Savings & Loan Association the most at -9.1%. The median is +5.8%.

Commercial real estate, share of loansNew Mexico banks, 30 June 2026 · construction, multifamily and non-owner-occupied nonresidential; listed largest first · the 25 highest of 28 · amber, in the catalogue
state median 37.3% FN First NM Bank of Silver City 71.8% FN First NM Bank Las Cruces 61.9% CB Citizens Bank of Las Cruces 58.2% FN First National Bank 56.7% FA First American Bank 52.7% SC Southwest Capital Bank 52.1% PB Pioneer Bank 50.7% FN First New Mexico Bank 49.8% MB Main Bank 48.5% Cs Community 1st Bank Las Vegas 47.2% FC Four Corners Community Bank 41.3% I Inbank 39.6% CB CNB Bank 39.0% WC Western Commerce Bank 39.0% Bo Bank of the Southwest 35.7% CB Citizens Bank of Clovis 31.8% CB Citizens Bank 31.3% JP James Polk Stone Community Bank 29.9% CB Century Bank 28.4% CB Centinel Bank of Taos 25.1% WB Western Bank 23.2% AH American Heritage Bank 14.2% WB Western Bank 12.9% VB Valley Bank of Commerce 11.5% Bo Bank of Clovis 10.7%

First NM Bank of Silver City is the most CRE-weighted at 71.8% of loans; 11 of the 29 are above 40%, against a median of 37.3%.

Commercial real estate against capital, the 300% screenNew Mexico banks, 30 June 2026 · the 2006 interagency guidance's screen; total risk-based capital where filed, Tier 1 for a CBLR filer; listed largest first · the 25 highest of 29 · amber, in the catalogue
state median 161% 300% screen CB Citizens Bank of Las Cruces 372% CB CNB Bank 317% FC Four Corners Community Bank 298% MB Main Bank 297% FN First NM Bank Las Cruces 276% FN First NM Bank of Silver City 254% FA First American Bank 253% FN First National Bank 251% Bo Bank of the Southwest 237% SC Southwest Capital Bank 232% WC Western Commerce Bank 224% I Inbank 224% PB Pioneer Bank 220% Cs Community 1st Bank Las Vegas 165% CB Century Bank 161% CB Citizens Bank of Clovis 160% FN First New Mexico Bank 152% JP James Polk Stone Community Bank 141% CB Citizens Bank 122% WB Western Bank 104% CB Centinel Bank of Taos 103% AH American Heritage Bank 56% TF Tucumcari Federal Savings & Loan … 44% Bo Bank of Clovis 43% VB Valley Bank of Commerce 40%

2 of the 29 banks sit above the 300% screen, Citizens Bank of Las Cruces the highest at 372% of capital; the median is 161%. Crossing the screen is not a violation; it is the level at which examiners expect the risk-management practices the guidance describes.

Construction and land development against capital, the 100% screenNew Mexico banks, 30 June 2026 · the guidance's first prong; listed largest first · the 25 highest of 29 · amber, in the catalogue
state median 31% 100% screen CB Citizens Bank of Las Cruces 128% FN First NM Bank of Silver City 122% CB CNB Bank 95% PB Pioneer Bank 82% FA First American Bank 67% FN First NM Bank Las Cruces 66% CB Centinel Bank of Taos 57% Cs Community 1st Bank Las Vegas 52% CB Citizens Bank 48% FN First National Bank 42% JP James Polk Stone Community Bank 39% CB Century Bank 35% Bo Bank of the Southwest 34% VB Valley Bank of Commerce 34% FC Four Corners Community Bank 31% CB Citizens Bank of Clovis 31% WC Western Commerce Bank 30% I Inbank 28% FN First New Mexico Bank 25% SC Southwest Capital Bank 25% MB Main Bank 23% WB Western Bank 22% WB Western Bank 17% Bo Bank of Clovis 8% LC Lea County State Bank 8%

2 of the 29 banks sit above the 100% construction screen, Citizens Bank of Las Cruces the highest at 128%; the median is 31%.

Loans to depositsNew Mexico banks, 30 June 2026 · listed highest first · the 25 highest of 29 · amber, in the catalogue
state median 60% MB Main Bank 92% I Inbank 85% TF Tucumcari Federal Savings & Loan … 84% CB CNB Bank 83% CB Citizens Bank of Las Cruces 83% FC Four Corners Community Bank 79% Bo Bank of the Southwest 76% PB Pioneer Bank 74% FA First American Bank 72% CB Citizens Bank of Clovis 69% CB Century Bank 69% FN First NM Bank Las Cruces 68% WC Western Commerce Bank 65% VB Valley Bank of Commerce 61% FN First NM Bank of Silver City 60% Bo Bank of Clovis 58% SC Southwest Capital Bank 56% JP James Polk Stone Community Bank 55% WB Western Bank 55% FN First New Mexico Bank 54% AH American Heritage Bank 53% FN First National Bank 52% CB Citizens Bank 45% CB Centinel Bank of Taos 43% Cs Community 1st Bank Las Vegas 40%

0 of the 29 lend more than they hold in deposits, Main Bank the furthest at 92%; the median is 60%.

Nonperforming loans, share of loansNew Mexico banks, 30 June 2026 · listed highest first · the 25 highest of 28 · amber, in the catalogue
state median 0.48% FN First National Bank 5.29% LC Lea County State Bank 3.61% VB Valley Bank of Commerce 3.32% FN First NM Bank Las Cruces 2.31% WC Western Commerce Bank 2.30% PB Pioneer Bank 1.71% SC Southwest Capital Bank 1.66% JP James Polk Stone Community Bank 1.41% I Inbank 1.31% CB Century Bank 1.07% TF Tucumcari Federal Savings & Loan … 1.02% Bo Bank of the Southwest 0.73% WB Western Bank 0.64% FA First American Bank 0.53% CB Citizens Bank of Las Cruces 0.43% FC Four Corners Community Bank 0.35% Bo Bank of Clovis 0.25% AH American Heritage Bank 0.22% FN First NM Bank of Silver City 0.16% FN First New Mexico Bank 0.16% CB CNB Bank 0.09% CB Citizens Bank of Clovis 0.04% Cs Community 1st Bank Las Vegas 0.03% FS First State Bank 0.03% CB Citizens Bank 0.02%

First National Bank carries the most nonperforming loans at 5.29% of the book; 11 of the 29 are above 1%, and the median is 0.48%.

The allowance against nonperforming loansthe twenty widest gaps between the reserve and the trouble it covers, both as shares of loans · bold, in the catalogue
0.00%2.00%4.00%6.00%8.00%10.00%NPA / loansAllowance / loansFSFirst State Bank+10.44%FNFirst New Mexico Bank+2.04%FNFirst NM Bank of Silver City+1.82%MBMain Bank+1.57%AHAmerican Heritage Bank+1.55%BoBank of Clovis+1.48%FAFirst American Bank+1.38%WBWestern Bank+1.30%CBCNB Bank+1.29%FCFour Corners Community Bank+1.28%CBCitizens Bank+1.26%CsCommunity 1st Bank Las Vegas+1.26%WBWestern Bank+1.21%CBCitizens Bank of Clovis+1.15%CBCentinel Bank of Taos+0.99%CBCitizens Bank of Las Cruces+0.94%JPJames Polk Stone Community Bank+0.93%BoBank of the Southwest+0.36%IInbank+0.35%PBPioneer Bank+0.30%

The distance between the two dots is the reserve's headroom over the loans already in trouble. 6 of the 29 hold an allowance smaller than their nonperforming loans.

Return on assetsNew Mexico banks, 30 June 2026 · listed highest first · the 25 highest of 29 · amber, in the catalogue
state median 1.95% VB Valley Bank of Commerce 3.49% WC Western Commerce Bank 3.01% DN DSRM National Bank 2.85% FA First American Bank 2.82% WB Western Bank 2.79% PB Pioneer Bank 2.60% CB Citizens Bank of Las Cruces 2.22% CB CNB Bank 2.13% Cs Community 1st Bank Las Vegas 2.13% CB Centinel Bank of Taos 2.08% JP James Polk Stone Community Bank 2.07% MB Main Bank 2.06% FC Four Corners Community Bank 2.03% WB Western Bank 1.95% CB Citizens Bank 1.95% FN First NM Bank of Silver City 1.89% FN First NM Bank Las Cruces 1.82% AH American Heritage Bank 1.78% FN First New Mexico Bank 1.67% LC Lea County State Bank 1.50% CB Citizens Bank of Clovis 1.40% Bo Bank of Clovis 1.25% SC Southwest Capital Bank 1.24% I Inbank 1.10% Bo Bank of the Southwest 1.04%

Valley Bank of Commerce earns the most at 3.49% and Tucumcari Federal Savings & Loan Association the least at 0.09%; 1 of the 29 earn under 0.50%, and the median is 1.95%.

The efficiency ratio, with the return beside itNew Mexico banks, 30 June 2026 · cost as a share of revenue, lowest first; return on assets at the right · the 25 lowest of 29 · amber, in the catalogue
state median 53.0% VB Valley Bank of Commerce 37.9% ROA 3.49% WB Western Bank 39.8% ROA 2.79% WC Western Commerce Bank 41.1% ROA 3.01% FA First American Bank 41.3% ROA 2.82% FN First New Mexico Bank 47.3% ROA 1.67% CB Centinel Bank of Taos 47.9% ROA 2.08% AH American Heritage Bank 48.2% ROA 1.78% Cs Community 1st Bank Las Vegas 48.5% ROA 2.13% CB CNB Bank 48.5% ROA 2.13% PB Pioneer Bank 49.9% ROA 2.60% MB Main Bank 51.5% ROA 2.06% CB Citizens Bank 51.8% ROA 1.95% FC Four Corners Community Bank 52.3% ROA 2.03% CB Citizens Bank of Las Cruces 52.9% ROA 2.22% LC Lea County State Bank 53.0% ROA 1.50% WB Western Bank 54.0% ROA 1.95% CB Citizens Bank of Clovis 55.9% ROA 1.40% JP James Polk Stone Community Bank 57.0% ROA 2.07% FN First NM Bank Las Cruces 58.0% ROA 1.82% I Inbank 58.5% ROA 1.10% Bo Bank of Clovis 59.6% ROA 1.25% FN First NM Bank of Silver City 65.7% ROA 1.89% FS First State Bank 67.4% ROA 1.04% FN First National Bank 70.2% ROA 1.04% SC Southwest Capital Bank 70.3% ROA 1.24%

Valley Bank of Commerce runs the leanest at 37.9% of revenue in cost; 2 of the 29 spend more than 80 cents of every revenue dollar, and the median is 53.0%.

The fifteen largest, 30 June 2026navy: the stronger half of each column; amber: the weaker; darker at the ends; bold rows are in the catalogue
InstitutionAssetsLoans YoYCRE / loansLoans / depositsNPA / loansROAEquity / assets
First American Bank$1.9B+6.4%52.7%72%0.53%2.82%10.0%
Century Bank$1.4B+0.1%28.4%69%1.07%0.96%8.8%
Inbank$1.4B-1.7%39.6%85%1.31%1.10%12.7%
Citizens Bank of Las Cruces$1.2B+21.8%58.2%83%0.43%2.22%9.9%
Pioneer Bank$1.1B+2.4%50.7%74%1.71%2.60%10.6%
CNB Bank$1.1B+20.4%39.0%83%0.09%2.13%8.7%
Western Commerce Bank$864M+10.2%39.0%65%2.30%3.01%9.5%
Citizens Bank$804M+1.7%31.3%45%0.02%1.95%5.1%
Lea County State Bank$738M+1.9%5.9%35%3.61%1.50%7.8%
Four Corners Community Bank$662M+22.7%41.3%79%0.35%2.03%8.7%
Citizens Bank of Clovis$493M-5.0%31.8%69%0.04%1.40%6.8%
Southwest Capital Bank$483M+30.1%52.1%56%1.66%1.24%9.8%
First National Bank$453M+2.3%56.7%52%5.29%1.04%5.6%
James Polk Stone Community Bank$444M+14.3%29.9%55%1.41%2.07%8.1%
Bank of Clovis$438M+7.5%10.7%58%0.25%1.25%10.1%
Five years, 2021 to 2026the 29 institutions filing at both dates; dollars as growth, ratios in points
20212026Change
Loans, in total$6.1B$9.4B+54%
Deposits, in total$11.0B$14.3B+30%
NPA / loans, median0.62%0.48%-0.14 pts
Efficiency, median61.2%53.0%-8.2 pts
ROA, median1.31%1.95%+0.64 pts

Small-business lending

SBA 7(a) approvals into New Mexico since FY2008, across every lender type

$2.1B of 7(a) credit has been approved into New Mexico since FY2008 across 4,875 loans. Accommodation & food services is the largest category at 26.6%, Health care & social assistance at 11.9%, Retail trade at 10.6%; the three together are 49% of the money. The heaviest losses fall in Wholesale trade, at 3.03% of approvals charged off.

7(a) lenders in the state, share of approvalssince FY2008, 205 lenders on record; SBA 7(a) release as of the 2026 file; loans credited to the institution holding them today; amber, in the catalogue
WC Western Commerce Bank 10.9% $233M · 600 loans LO Live Oak Banking Company 8.5% $180M · 135 loans WF Wells Fargo Bank National Associa… 8.0% $172M · 683 loans BB BMO Bank National Association 5.9% $126M · 202 loans UB U.S. Bank, National Association 4.7% $99M · 415 loans PB PNC Bank, National Association 3.6% $77M · 299 loans FA First American Bank 3.2% $68M · 183 loans Bo Bank of the Southwest 2.8% $60M · 189 loans CB Century Bank 1.8% $39M · 186 loans OB Open Bank 1.8% $38M · 15 loans TB The Bank of Clovis 1.7% $37M · 112 loans Readycap Lending, LLC 1.7% $35M · 68 loans
What the state's 7(a) money financeseach industry's share of approvals since FY2008, the twelve largest
Accommodation & food services28.5%$568M · 641 loansHealth care & social assistance12.8%$255M · 553 loansRetail trade11.4%$227M · 590 loansProfessional & technical services7.8%$156M · 481 loansManufacturing7.7%$153M · 364 loansConstruction7.6%$152M · 576 loansOther services6.1%$122M · 403 loansMining & extraction5.6%$111M · 243 loansReal estate & leasing3.9%$78M · 138 loansWholesale trade3.7%$73M · 168 loansArts, entertainment & recreation2.7%$54M · 127 loansTransportation & warehousing2.2%$44M · 199 loans
The industries, with what defaultsapprovals, loans and charged-off dollars by industry since FY2008; a loss rate is charged-off over approved dollars, on settled and unsettled cohorts alike
IndustryApprovedLoansShareCharged offLoss rate
Accommodation & food services$568M64126.6%$7M1.31%
Health care & social assistance$255M55311.9%$1M0.53%
Retail trade$227M59010.6%$4M1.68%
Professional & technical services$156M4817.3%$5M2.90%
Manufacturing$153M3647.2%$1M0.88%
Construction$152M5767.1%$3M1.67%
Other services$122M4035.7%$3M2.12%
Mining & extraction$111M2435.2%$1M1.16%
Real estate & leasing$78M1383.7%$324K0.42%
Wholesale trade$73M1683.4%$2M3.03%
Arts, entertainment & recreation$54M1272.5%$346K0.65%
Transportation & warehousing$44M1992.0%$692K1.58%
The largest county marketsapprovals since FY2008 and how many lenders have written there
CountyApprovedLoansLenders
Bernalillo$793M1,753125
Santa Fe$194M46765
Lea$159M37134
San Juan$142M26048
Dona Ana$140M39357
Sandoval$103M23445
Eddy$86M23527
Curry$85M18221
Taos$48M6425
Mckinley$44M4730

Each institution in the catalogue has its own read, prepared for its board and management from the public record. The full pack on any New Mexico institution, twenty sections from its own filing, is prepared on request.

Ask for a pack

Prepared 7 September 2026
Sources FFIEC Call Report and NCUA 5300 via the FDIC and NCUA; SBA 7(a) release
Cohort every institution filing in New Mexico

Computed from each institution's own filing as published; medians are unweighted; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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