State directory · NM

New Mexico Banks

Every FDIC-insured bank headquartered in New Mexico, with health grades, capital, and profitability from the quarterly FDIC Call Report.

Compiled from official source data by PlainBankData Editorial
29
FDIC banks
88/100
Avg health score
$16.2B
Total assets
3
Failures since 2000

Data updated July 2026

The state picture

New Mexico's 29 FDIC banks hold $16.2B in assets and average 88/100 on health - 100% earn an A or B grade.

29
FDIC-insured banks
100%
grade A or B (29 banks)
$1.8B
largest - First American Bank
3
failures since 2000

Figures from public FDIC Call Reports. A lower grade does not mean your money is at risk, deposits are FDIC-insured to $250,000 per depositor, per category, at every bank here.

For context: New Mexico's average health score of 88/100 is above the 77/100 national average across all FDIC-insured banks PlainBankData tracks.

Health grade distribution

A
22
76% of banks
B
7
24% of banks
C
0
0% of banks
D
0
0% of banks
F
0
0% of banks

Largest banks in New Mexico

Top 10 New Mexico banks by total assets
  1. 1
    First American Bank $1.8B

    Artesia, NM · Grade A

  2. 2
    InBank $1.4B

    Raton, NM · Grade B

  3. 3
    Century Bank $1.3B

    Santa Fe, NM · Grade B

  4. 4
    Citizens Bank of Las Cruces $1.1B

    Las Cruces, NM · Grade A

  5. 5
    Pioneer Bank $1.1B

    Roswell, NM · Grade A

  6. 6
    CNB Bank $989M

    Carlsbad, NM · Grade B

  7. 7
    Western Commerce Bank $867M

    Carlsbad, NM · Grade A

  8. 8
    The Citizens Bank $774M

    Farmington, NM · Grade A

  9. 9
    Lea County State Bank $708M

    Hobbs, NM · Grade A

  10. 10
    Four Corners Community Bank $630M

    Farmington, NM · Grade B

Top 10 of 29 New Mexico banks · FDIC Call Report Q4 2025.

New Mexico banks by health grade

0 5 10 15 20 25 A B C D F 22 7 0 0 0

How New Mexico compares nationally

New Mexico ranks #2 of 55 states and territories by average bank health score - better than 98% of them.

States grouped by average health score

All 29 New Mexico banks

Bank Assets Grade
First American Bank $1.8B A
InBank $1.4B B
Century Bank $1.3B B
Citizens Bank of Las Cruces $1.1B A
Pioneer Bank $1.1B A
CNB Bank $989M B
Western Commerce Bank $867M A
The Citizens Bank $774M A
Lea County State Bank $708M A
Four Corners Community Bank $630M B
The Citizens Bank of Clovis $521M A
Southwest Capital Bank $477M A
First National Bank $470M B
The Bank of Clovis $455M A
The James Polk Stone Community Bank $443M B
Centinel Bank of Taos $413M A
Western Bank $322M A
Western Bank $305M A
Community 1st Bank Las Vegas $292M A
Valley Bank of Commerce $291M A
First New Mexico Bank $276M A
Main Bank $251M A
First State Bank $209M A
Bank of the Southwest $181M A
First New Mexico Bank, Las Cruces $165M A
First New Mexico Bank of Silver City $147M A
American Heritage Bank $146M A
Tucumcari Federal Savings and Loan Association $37M B
DSRM National Bank $4M A

How to read the New Mexico bank directory

This page lists every FDIC-insured bank with a primary regulatory address in New Mexico. Both state-chartered and nationally-chartered banks appear when the FDIC institution directory places their headquarters here. Branch locations, ATM networks, and credit unions are not in scope, this is a headquarters-anchored view. The 29 institutions shown reflect the most recent quarterly FDIC release.

Health grade interpretation

Each bank's letter grade (A–F) is computed from four FDIC-reported metrics: Tier 1 capital ratio, return on assets, the Texas Ratio (non-performing assets ÷ tangible capital), and the efficiency ratio. Across New Mexico, 29 institutions (100%) sit in the A or B band, while 0 (0%) fall in the D or F band. The C cluster, the broad middle, typically captures roughly half of any state's banks and is not a warning signal on its own.

When failures matter

Since 2000, 3 banks headquartered in New Mexico have failed. Every depositor was made whole up to the standard FDIC ceiling ($250,000 per depositor, per ownership category, per institution). Failures cluster around macro events (the 2008–2010 wave, the 2023 regional-bank stress) rather than steady attrition, so a clean recent record reflects the absence of a triggering shock more than guaranteed safety. The "Under Stress" ranking is more forward-looking, because it scores current capital and credit-loss capacity.

Sources, refresh cadence, and corrections

Every figure derives from the FDIC Quarterly Banking Profile and the FDIC Institution Directory, both public-domain. We re-pull on the FDIC's schedule (quarterly release plus monthly directory deltas for mergers and closures). Asset and capital figures are reported as of the most recent quarter-end and lag the calendar by ~90 days, the FDIC's reporting lag, not ours.

Using the New Mexico directory

Three ways to put this state view to work.

Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings.

Data compiled from the Federal Deposit Insurance Corporation (FDIC) (FDIC Quarterly Banking Profile, Institution Directory, Failed Bank List). See our methodology for the full pipeline and source vintage.

Retrieved and compiled by PlainBankData Editorial from FDIC Call Report (FFIEC 031/041) filings, Q4 2025.

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Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. This page draws directly on FDIC federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.

Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.