# FIRST NATIONAL BANK
ALAMOGORDO, NM · FDIC certificate 17643 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $452.8M | |
| Deposits | $425.4M | |
| Loans and leases | $219.6M | |
| Total equity | $25.4M | |
| Loans / deposits | 50.68% (p6 of band) | 82.04% |
| Liquid assets / assets | 48.14% (p91 of band) | |
| Uninsured deposits / deposits | 35.86% (p81 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.05% (p25 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.31% (p42 of band) | 10.81% |
| Unrealized securities loss / equity | -96.81% (p1 of band) | -8.10% |
| AOCI / equity | -2.68% (p4 of band) | |
| ROA (annualized) | 1.08% (p37 of band) | 1.28% |
| Net interest margin | 4.08% (p59 of band) | 3.91% |
| Efficiency ratio | 70.20% (p74 of band) | |
| Noncurrent loans | 5.29% (p98 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p52 of band) | |
| Reserve coverage of noncurrent | 34.44% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 81.55% (p78 of band) | |
| Auto loans | $9.3M (4.23% of loans; DQ 2.15%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -2.6% | |
| Employees | 91 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 2 | capital falling, uninsured deposits leaving |  |
| 2013-03 | 1 |  | uninsured deposits leaving |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 1 | AOCI drag >20% of equity |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | AOCI drag >20% of equity |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | capital falling |  |
| 2016-09 | 0 |  | capital falling |
| 2016-12 | 1 | reserve under noncurrent |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | capital falling |  |
| 2018-06 | 2 | noncurrent p90 | capital falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 0 |  | reserve under noncurrent, noncurrent p90 |
| 2019-09 | 1 | charge-offs p90 |  |
| 2019-12 | 0 |  | charge-offs p90 |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | capital falling |
| 2022-03 | 3 | AOCI drag >20% of equity, securities losses >30% of equity, charge-offs p90 |  |
| 2022-06 | 3 | construction >100% equity | charge-offs p90 |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 3 | capital falling |  |
| 2023-09 | 3 | AOCI drag >20% of equity | capital falling |
| 2023-12 | 2 |  | AOCI drag >20% of equity |
| 2024-03 | 3 | AOCI drag >20% of equity |  |
| 2024-06 | 2 |  | AOCI drag >20% of equity |
| 2024-09 | 3 | noncurrent p90, reserve under noncurrent | construction >100% equity |
| 2024-12 | 5 | capital falling, construction >100% equity |  |
| 2025-03 | 4 |  | capital falling |
| 2025-06 | 4 |  |  |
| 2025-09 | 5 | deposits shrinking, assets shrinking | construction >100% equity |
| 2025-12 | 3 |  | deposits shrinking, assets shrinking |
| 2026-03 | 4 | capital falling |  |
| 2026-06 | 3 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-06-24 [FHLB Dallas and First National Bank Texas Celebrate Revitalization of Affordable Single-Family Homes in Laguna, New Mexico - Business Wire](https://news.google.com/rss/articles/CBMiigJBVV95cUxQMHFCM2tuSWIxTWVyQlFKcThRa2NrT3NUVVI2QWFBTENlQk1Xdm9jc0dOT19hNkdCRGpkSUFTRnlSS0dnbGlwaTFxZkFQaHpMUVc0VlFwNEtYNlFscWFyY0VienNuWUp2U0hsaVdpdWdmWlZOaE82dEtKT3RpU0djYzl5SmpQejVvTjFpSHRWeGRCeG55ZlNrQXl3cURIRHZwQ2RpT2w5NmlpTUExbkExWGJNa3ZKLW1qTXk3a3dMbWpwRHdFWWEycUl0NWV4Z0I4RjdnNURDRXB4RDU4TjVpSEtpNFRSZXVoM0JwV1REWTdaRUIyZ1FocW9VcENEWXhZclIzekFUU2oyZw?oc=5) · Business Wire
- 2026-05-21 [FHLB Dallas and First National Bank Texas Celebrate Groundbreaking of Affordable Housing Community in Los Lunas, New Mexico - Business Wire](https://news.google.com/rss/articles/CBMiiwJBVV95cUxNMUlTa0ZmTkN4QWV3MW91QTUteElEM29VOXJiSmhiMmlXdUdkT3J5VUFJRmlIY1JMU1JsWHhIMF95WEhmZTh5Qm54UnpqbWt2b2FROFhRVjFXWlI3aDlXU18xOW90WlhfU3VzeldrN2JCOFRZM3dRV05yUDBxT0cyaEhFYzkzVGlmV254ZlhnWUFJMWpIeklaWmdTeDFJenRLZnBSd1BJc0x3TE85Ykh6STRZZWxlQXBpVUZWbVdUaW1GVW1nNV9mcXAwN21CU25LMlpXR0hmTjh3c1pybnR0cUJaT0hxZ0gyc2wwaWZWQjM5OHJWaE9zb0tTcFZfbE9ZWWZvMHJyeFRjTWc?oc=5) · Business Wire
- 2024-11-15 [First National Bank Texas Review 2024 - Business Insider](https://news.google.com/rss/articles/CBMikwFBVV95cUxQM2RlNWNtWDJDLVFfVmN0ZFVyRzhfWTJYcXA2R0VfOXVfWDNWYTB1MzlyTDJfNDNuTUJKQ2NPVldEdHVwZm1sMDNScU9HamhoN1hfUXR1N05EdFctVU5fMXA5RDRMWlliZ3ltdzZYUUxMUmNjekZ3Z21fS0FJRzlqakMtMDEtbThhSlNEVHRMdnk3a3c?oc=5) · Business Insider
- 2017-06-13 [Continuing a decades-long legacy through UNM - UNM Newsroom](https://news.google.com/rss/articles/CBMiekFVX3lxTE5iUC1feUVReVl5eVRSM25NMUtVTi11UnlCeTl0MW9jTllFbktoUDJ0NnZFTHpMa3c4QmpreGMwSGFyU3VvYVhMWDEtbWp3dGVOalVxR0FNZU9KMmQ3MkpIYVd0b093VXhFNHpBUFlVbklyOVVJX1IzcW53?oc=5) · UNM Newsroom
- 2016-06-21 [Guardian Mortgage Partners With First National Bank of Santa Fe - National Mortgage Professional](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOb3MwNXdoUFdfcFBxWlNHTUZ2WVFXTVlUSHV6MkdLeFdaMEpQQTM5TXQ4TW5nX3BVRE1SUmhKdHNFOENUVlFGVDhRZEV5Rkh4WE9BX1dHQWo3OWhWWGpnc3l1TW9ORGxqWmk2TmZVYjhGNHFNeFlkaTFZblhKZXg2N3Y2MWZremRQUDlLb1dEUEFkX095eVBSZFRoRnhaMlR3dll1Nm5ndjZFZWM?oc=5) · National Mortgage Professional
- 2026-09-02 [FNBO to acquire Colorado bank in $204M deal - Banking Dive](https://news.google.com/rss/articles/CBMilwFBVV95cUxPcnJYZkl5RFlGWkF0cWdFdW8zV215NkQyTHRnVmpWMC1XU2hMdWllWWRIT0pOaWYxNlNXTUFNOUcwMzdiTjdQVnQ5aHNPN05PTFdKMjNfQXd3VDZRUGZ1UFhmeWg5Wm1CaXlvT3Q2V3J2NHVKZkYtcTEwNm5Dc2pIaGNMX0Y4Ymh2QmNCenJPbWZEaXAxd3dz?oc=5) · Banking Dive
- 2016-07-28 [Sunflower Bank will combine with regional banks in Texas, New Mexico - Pueblo Chieftain](https://news.google.com/rss/articles/CBMinAFBVV95cUxOaVk0WEdaN2lOdkpkamRtdVlRbXl6c3JzMm9LRmFVbXVVcXZqNGY5NGc2M3VvSHdfVk1OMDNRdWl1ejNMUXJaeXFtT2hxSnVrenBtVW4xZ0RrcmUzWENPSlZ2S05KaVJENG53MU42eGpoVjhYSmhOUURZSVJZWkhIenllNEh0czIwWGNNY1poSlhuTXBreW5yRTNiMDA?oc=5) · Pueblo Chieftain

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17643 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/43.json (key "17643", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide