Updated June 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 86/100 (A), built from quarterly FDIC Call Report data on capital, loan quality, liquidity, and profitability.
New Mexico has 20 FDIC-insured banks headquartered in the state, holding $8.3B in total assets. The average BankHealth composite score across New Mexico banks runs 86/100 (average grade A) — favorable territory for a state-level rollup.
The largest bank by total assets in New Mexico is Western Bank. 10 banks are flagged as at-risk under the BankHealth rubric — typically a low share for a state with strong average scores. 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 are healthy on average — the cohort posts a Bank Health Score of 86/100 (A), comfortably stronger than the national bank median. State-level averages of this caliber typically reflect a combination of conservative underwriting, diversified loan books, and strong capital cushions. That said, dispersion across individual banks is always wider than the average suggests; specific bank profiles still warrant individual review.
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
Dsrm National 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
First Nm Bank Las Cruces
First Nm Bank of Silver City
Banks Showing Weakness in New Mexico
Southwest Capital Bank
Four Corners Community Bank
First New Mexico Bank
Valley Bank of Commerce
Main Bank
James Polk Stone Cmty Bank
Inbank
Tucumcari Fs&La
Citizens Bank of Clovis
Western Commerce Bank
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 are healthy on average — the cohort posts a Bank Health Score of 86/100 (A), comfortably stronger than the national bank median. State-level averages of this caliber typically reflect a combination of conservative underwriting, diversified loan books, and strong capital cushions. That said, dispersion across individual banks is always wider than the average suggests; specific bank profiles still warrant individual review.
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 2026-06-29 · Data covers 20 New Mexico banks. Informational only; not investment advice.