Farmington, NM · Cert 35441 · Mesa West Bcorp
State charter, non-member · FDIC · 6 branches
Q2 2026
Market Position · Farmington, NM · 2026 SOD (annual) · 23.5% share · #2 of 8 inst. · $0.5B of $1.9B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.29% | 1.64% | 0.61% | 2.08% | 1.03% | 1.39% | 1.82% | 1.43% | -65 bps | |
| Return on Equity | 14.23% | 18.08% | 6.97% | 23.22% | 11.45% | 15.69% | 20.37% | 16.22% | -701 bps | |
| Net Interest Margin | 4.03% | 4.32% | 3.96% | 3.96% | 4.10% | 4.12% | 4.02% | 4.20% | +24 bps | |
| Efficiency Ratio | 66.28% | 51.14% | 54.30% | 48.43% | 48.26% | 50.65% | 48.43% | 55.92% | +750 bps | |
| Non-Interest Burden | 2.50% | 1.98% | 2.02% | 1.26% | 1.69% | 2.05% | 1.72% | 2.15% | +89 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 8.04% | 9.49% | 10.68% | 10.92% | 12.86% | 16.43% | 12.70% | 15.94% | +502 bps | |
| Loan Growth (YoY) | 5.11% | 6.15% | 6.43% | 6.39% | 17.93% | 20.92% | 17.65% | 22.67% | +1,628 bps | |
| Deposit Growth (YoY) | 8.71% | 13.04% | 12.52% | 11.52% | 14.29% | 15.17% | 10.94% | 14.23% | +272 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 3.20% | 2.90% | 3.04% | 2.80% | 2.49% | 2.32% | 0.39% | 0.35% | -246 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.57% | 0.48% | 0.04% | 0.21% | 0.36% | 0.11% | 0.23% | +20 bps | |
| Allowance / Loans | 2.05% | 1.93% | 1.92% | 1.91% | 1.85% | 1.73% | 1.71% | 1.63% | -28 bps | |
| Allowance Coverage of NPLs | 0.6x | 0.7x | 0.6x | 0.7x | 0.7x | 0.7x | 4.4x | 4.7x | +4.0x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.68% | 10.87% | 10.55% | 10.48% | 9.91% | 9.71% | 9.80% | 9.62% | -85 bps | |
| Total Risk-Based Capital | 10.68% | 10.87% | 10.55% | 10.48% | 9.91% | 9.71% | 9.80% | 9.62% | -85 bps | |
| Equity / Assets | 9.35% | 8.85% | 8.75% | 9.16% | 8.90% | 8.86% | 8.99% | 8.65% | -51 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 73.30% | 74.07% | 73.26% | 73.67% | 75.64% | 77.77% | 77.70% | 79.11% | +544 bps | |
| Liquid Assets / Assets | 7.05% | 5.97% | 7.87% | 6.41% | 4.83% | 5.89% | 5.26% | 5.30% | -111 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 357% | 379% | 372% | n/a | n/a | |