Applications / Mortgage Analytics / Lenders / New Mexico / First New Mexico Bank, LAS Cruces
Las Cruces, NM · State non-member bank · FDIC · $165 million assets · 39 loans in 2025
First New Mexico Bank, LAS Cruces's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
39
loans originated, 2025
92
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
First New Mexico Bank, LAS Cruces has shrunk from 176 loans five years earlier to 39, and in Las Cruces, its home market, it now ranks 32 of 231 lenders.
Originations peaked at 200 in 2019 and have fallen every year since. The last year was nearly flat, down 2%, while similar lenders (state non-member banks making between half and twice as many loans) rose 2% and the whole market rose 10%. A choice to put more of its lending outside home loans could explain it.
Manufactured homes made up 15.4% of its loans, against 2.6% for similar lenders, higher than about seven in eight of them. Too few of its first-lien purchase and refinance applications were decided to give a denial rate.
84.6% of its loans were in majority-minority areas, against 6.3% for a typical similar lender, which may follow from lending mainly around Las Cruces. Its share of loans to LMI (low- and moderate-income) borrowers, 11.1%, is lower than about five in six similar lenders, though 26.3% of its loans were in LMI areas, higher than about two-thirds of them.
In Las Cruces it ranks 32 of 231 lenders with 0.8% of the market, down from 0.9%, a change a few loans could make. Citizens Bank of LAS Cruces leads with $125.6M.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. First New Mexico Bank, LAS Cruces took 92 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 69.2% · Refinance 17.9% · Other 10.3% · Home improvement 2.6%
Conventional 94.9% · VA 5.1% · of 39 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New Mexico | 35 | 89.7% |
| Texas | 3 | 7.7% |
| Arizona | 1 | 2.6% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Las Cruces | 33 |
| El Paso | 2 |
| Phoenix-Mesa-Chandler | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300ODHOF8ORD47F11 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 3623969 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 358745 | 2009–2017 |
Established 14 January 2008. Reported under HMDA 2009-2025.
Mergers, name changes, data editions and corrections: First New Mexico Bank, LAS Cruces's data.
First New Mexico Bank, LAS Cruces's data
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First New Mexico Bank, LAS Cruces and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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