Safest Banks in New Mexico 2026
New Mexico has 20 FDIC-insured banks with an average Bank Health Score of 74/100 (B). The safest bank is Western Bank with a score of 100/100.
Data from FDIC Q2 2024
Top 20 Banks in New Mexico
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Western Bank | Artesia | A | 100 | 14.90% | 0.00% |
| 2 | Community 1st Bank Las Vegas | Las Vegas | A | 99 | 17.76% | 0.01% |
| 3 | Centinel Bank of Taos | Taos | A | 99 | 23.98% | 0.03% |
| 4 | Bank of the Southwest | Roswell | A | 99 | 16.05% | 0.13% |
| 5 | Lea County State Bank | Hobbs | A | 98 | 19.85% | 0.41% |
| 6 | Bank of Clovis | Clovis | A | 97 | 19.39% | 0.00% |
| 7 | Citizens Bank of Las Cruces | Las Cruces | A | 94 | 13.64% | 0.00% |
| 8 | Western Commerce Bank | Carlsbad | A | 90 | 18.73% | 1.72% |
| 9 | Inbank | Raton | B | 78 | 11.80% | 0.60% |
| 10 | Main Bank | Albuquerque | B | 75 | 12.85% | 0.25% |
| 11 | Valley Bank of Commerce | Roswell | B | 73 | 20.22% | 4.47% |
| 12 | Dsrm National Bank | Albuquerque | B | 65 | 0.00% | 0.00% |
| 13 | First Nm Bank Las Cruces | Las Cruces | B | 65 | 0.00% | 0.00% |
| 14 | Citizens Bank of Clovis | Clovis | C | 64 | 0.00% | 0.00% |
| 15 | First Nm Bank of Silver City | Silver City | C | 64 | 0.00% | 0.06% |
| 16 | James Polk Stone Cmty Bank | Portales | C | 57 | 0.00% | 0.95% |
| 17 | Tucumcari Fs&La | Tucumcari | D | 49 | 0.00% | 1.07% |
| 18 | Four Corners Community Bank | Farmington | D | 42 | 0.00% | 3.34% |
| 19 | First New Mexico Bank | Deming | D | 40 | 0.00% | 4.00% |
| 20 | Southwest Capital Bank | Albuquerque | F | 32 | 0.00% | 4.77% |
Bank Health Scores for New Mexico are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Western Bank in Artesia is currently the safest bank in New Mexico with a score of 100/100 (Grade A).
New Mexico has 20 FDIC-insured banks with a combined $8.3B in total assets. The average Bank Health Score across the state is 74/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).