Call reports 2024
FIRST NEW MEXICO BANK, LAS CRUCES — 2024
What FIRST NEW MEXICO BANK, LAS CRUCES reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 158,919,000 | 152,059,000 | 156,972,000 | 152,704,000 |
| Total loans | 71,212,000 | 79,494,000 | 85,345,000 | 87,162,000 |
| Allowance for loan losses | 1,686,000 | 1,690,000 | 1,704,000 | 1,704,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 36,272,000 | 36,930,000 | 35,887,000 | 35,800,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 134,661,000 | 127,569,000 | 131,740,000 | 127,753,000 |
| Interest-bearing deposits | 79,064,000 | 77,405,000 | 78,721,000 | 76,123,000 |
| Noninterest-bearing deposits | 55,597,000 | 50,164,000 | 53,019,000 | 51,630,000 |
| Equity capital | 19,713,000 | 19,945,000 | 20,183,000 | 20,479,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 2,227,000 | 4,532,000 | 6,896,000 | 9,215,000 |
| Interest expense | 351,000 | 734,000 | 1,136,000 | 1,519,000 |
| Net interest income | 1,876,000 | 3,798,000 | 5,760,000 | 7,696,000 |
| Noninterest income | 133,000 | 305,000 | 482,000 | 650,000 |
| Noninterest expense | 1,208,000 | 2,410,000 | 3,672,000 | 4,922,000 |
| Provision for loan losses | 0 | 0 | 15,000 | 15,000 |
| Pretax income | 801,000 | 1,693,000 | 2,555,000 | 3,409,000 |
| Income tax | 214,000 | 491,000 | 727,000 | 885,000 |
| Net income | 587,000 | 1,202,000 | 1,828,000 | 2,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,713,000 | 19,945,000 | 20,183,000 | 20,784,000 |