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This institution is no longer active

Operations ceased on September 1, 1991. CRA examination history below reflects the period it was active.

THE BANK OF NEW MEXICO, LAS VEGAS

LAS VEGAS, NM · Supervised by FDIC

Est. 1980FDIC #23,274RSSD: FDIC-23274
Part ofBANK OF NM HOLDING CO THE→ View all charters
Satisfactory

Current rating · Exam: July 1990

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Adequate

ROA 0.51%

Institution Profile

FDIC BankFind

Address

701 Douglas Street, LAS VEGAS, NM

County

San Miguel County

Established

December 12, 1980

Total Assets

$48M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

July 11, 1990

Exam Type

Not Reported

Regulator

FDIC
⚠️This exam is 35 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.
Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 1991Call Report / FDIC

Total Assets

$48M

Total Deposits

$46M

Net Loans

$33M

Net Income

$82K

ROA

0.51%

ROE

9.18%

Risk-Based Capital

6.31%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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