Updated April 2026 · FDIC Call Report Q2 2024
Banks in New Mexico
20 FDIC-insured banks are chartered in New Mexico, holding $8.3B in combined assets. The state-wide average Bank Health Score is 74/100 (B), built from quarterly FDIC Call Report data on capital, loan quality, liquidity, and profitability.
Across New Mexico, 20 FDIC-insured banks hold $8.3B in total assets. Average BankHealth composite score: 74/100 (average grade B). Moderate state-level scores typically reflect a healthy mix with some banks under pressure.
Top bank by assets: Western Bank. 10 banks in New Mexico flagged as at-risk; the state-level rollup reflects average performance across the cohort. Each bank below links to its full BankHealth profile — Tier 1 capital ratio, non-performing loan ratio, liquidity ratio, ROA, multi-quarter trend, and the composite grade breakdown. Cross-bank comparisons within the same state are most useful when controlling for size class.
New Mexico's Banking Sector
New Mexico has a relatively compact banking sector — 20 FDIC-insured institutions with $8.3B in combined assets. With this few banks chartered locally, residents often rely on a mix of in-state community banks and out-of-state regional banks operating local branches.
Banks in New Mexico post an average Bank Health Score of 74/100 (B) — solidly in B territory, broadly aligned with U.S. industry norms. Most banks in the state meet the regulatory "well-capitalized" threshold with material room to spare, though there is meaningful variation across individual institutions.
10 of 20 banks in New Mexico (about 50%) currently land in the at-risk tier — a higher share than the national average. Concentration of stress this size usually traces to a regional shock: commercial real estate exposure, agricultural prices, or a single dominant local industry experiencing pressure.
Healthiest Banks in New Mexico
Western Bank
Community 1st Bank Las Vegas
Centinel Bank of Taos
Bank of the Southwest
Lea County State Bank
Bank of Clovis
Citizens Bank of Las Cruces
Western Commerce Bank
Inbank
Main Bank
Banks Showing Weakness in New Mexico
Southwest Capital Bank
First New Mexico Bank
Four Corners Community Bank
Tucumcari Fs&La
James Polk Stone Cmty Bank
Citizens Bank of Clovis
First Nm Bank of Silver City
Dsrm National Bank
First Nm Bank Las Cruces
Valley Bank of Commerce
For New Mexico Depositors
FDIC insurance protects deposits at every bank on this page up to $250,000 per depositor, per insured bank, per ownership category — identical coverage regardless of state. The Bank Health Score ranks regulatory cushion across institutions; it is not a guarantee. Confirm your bank's FDIC status and your specific coverage at FDIC.gov before making changes.
Federal regulators — including the OCC for national charters and the FDIC for state-chartered insured banks — oversee the institutions on this page. Quarterly FFIEC Call Reports are public and provide line-item detail behind every metric here.
How These Scores Are Calculated
Every bank on this page earns a Bank Health Score from four FDIC Call Report inputs: Tier 1 capital ratio (35%), NPL ratio inverted (30%), liquidity ratio (25%), and return on assets (10%). The composite is reported as a 0–100 score and an A–F grade. Read the full methodology.
Frequently Asked Questions
How many banks are in New Mexico?
20 FDIC-insured banks are chartered in New Mexico, holding $8.3B in combined assets. New Mexico has a relatively compact banking sector — 20 FDIC-insured institutions with $8.3B in combined assets. With this few banks chartered locally, residents often rely on a mix of in-state community banks and out-of-state regional banks operating local branches.
What is the average bank health score in New Mexico?
Banks in New Mexico post an average Bank Health Score of 74/100 (B) — solidly in B territory, broadly aligned with U.S. industry norms. Most banks in the state meet the regulatory "well-capitalized" threshold with material room to spare, though there is meaningful variation across individual institutions.
Which banks in New Mexico are showing the most stress?
10 of 20 banks in New Mexico (about 50%) currently land in the at-risk tier — a higher share than the national average. Concentration of stress this size usually traces to a regional shock: commercial real estate exposure, agricultural prices, or a single dominant local industry experiencing pressure. See the "Banks Showing Weakness" section above for the specific institutions and their Health Score factors.
Are banks in New Mexico FDIC-insured?
Yes. Every bank on this page is FDIC-insured, which protects deposits up to $250,000 per depositor, per insured bank, per ownership category. FDIC insurance is identical regardless of state. Verify your bank's status and your specific coverage at FDIC.gov, particularly if you hold combined balances above the $250,000 limit.
Where does this data come from?
All bank financials are pulled from the FDIC BankFind API, which sources directly from quarterly Call Reports filed with the FFIEC. Health Scores are computed from a transparent four-factor formula using public Call Report fields. All data is U.S. government public domain.
Sources: FDIC BankFind API ( banks.data.fdic.gov); FFIEC Call Reports ( cdr.ffiec.gov/public); OCC ( occ.gov). Public domain.
Last updated 2026-04-06 · Data covers 20 New Mexico banks. Informational only; not investment advice.