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Western Bank, Artesia, New Mexico

Artesia, NM · Cert 16720 · Western Bancshares of NM, Inc.

State charter, non-member · FDIC · 1 branch

Q2 2026

$350.5MAssets
$173.0MLoans
$313.2MDeposits
$33.2MEquity
Loan mix
26%RE $45.0M69%C&I $119.8M5%Consumer $7.8MQ2 2025Q2 2026
Deposit mix
53%Interest-bearing $165.9M47%Noninterest $147.3MQ2 2025Q2 2026

NIM

5.01%Q2 ’245.00%Q2 ’255.03%Q2 ’260%-8%

Non-interest income vs. expense

1.70%Q2 ’241.79%Q2 ’251.89%Q2 ’26+5%+6%

Executive Summary

  • Earnings: ROA of 2.09%, down 42 bps year over year; NIM at 4.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.06%.
  • Capital: tier 1 leverage ratio of 11.14%, up 92 bps from a year ago.
  • Funding: loans stand at 55.24% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

2.09%-42 bps YoY

Net Interest Margin (quarter, annualized)

4.45%-39 bps YoY

Efficiency Ratio (quarter, annualized)

40.53%+507 bps YoY

Tier 1 Leverage Ratio

11.14%+92 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets2.52%2.49%1.73%2.33%2.09%-42 bps
Return on Equity29.09%25.52%16.88%23.20%21.54%-755 bps
Net Interest Margin4.85%5.14%4.78%4.51%4.45%-39 bps
Efficiency Ratio35.46%34.19%55.09%39.14%40.53%+507 bps
Non-Interest Burden1.58%1.59%2.55%1.64%1.68%+10 bps
Growth
Asset Growth (YoY)-5.71%-19.22%-17.30%-5.53%8.98%+1,469 bps
Loan Growth (YoY)7.47%19.50%20.54%15.46%8.06%+59 bps
Deposit Growth (YoY)-7.73%-21.95%-20.53%-7.76%8.16%+1,588 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.21%0.02%0.01%0.07%-0.06%-27 bps
Allowance / Loans1.18%1.12%1.14%1.18%1.21%+3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.22%11.11%10.94%10.83%11.14%+92 bps
Total Risk-Based Capital17.07%16.52%15.78%16.51%16.77%-30 bps
Equity / Assets9.10%10.47%10.09%10.00%9.46%+36 bps
Liquidity & Funding
Loans / Deposits55.29%66.00%65.65%60.97%55.24%-5 bps
Liquid Assets / Assets16.70%20.76%20.69%20.40%19.98%+327 bps
CRE / Total Capitaln/a105.64%111.46%98.78%n/an/a