Western Commerce Bank
Carlsbad, New Mexico, Eddy County
$864M in total assets, the 1,207th largest of 4,309 US banks and 7th of 29 headquartered in New Mexico.
- FDIC certificate
- 18389
- Established
- 1961
- Owned by
- Western Com Bancshares Carlsbad
- Primary regulator
- FDIC
- Website
- http://www.wcb.net
At a glance
Compared with 20 banks headquartered in New Mexico with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $864M | 98% | $338M | |
| Loans | $503M | 98% | $170M | |
| Deposits | $780M | 98% | $299M | |
| Return on assets | 3.22% | 95% | 1.83% | |
| Net interest margin | 5.38% | 90% | 4.16% | |
| Efficiency ratio | 41.1% | 10% | 53.5% | |
| Equity to assets | 9.54% | 45% | 9.73% | |
| Loans to deposits | 65% | 75% | 55% |
Growth
Total assets grew 7.7% a year over the last 5 years and 7.6% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jun 2023 | Western Bank of Clovis Clovis, NM | $67M |
| May 1991 | Liberty National Bank Lovington, NM | $51M |
| Nov 1990 | Security Savings Bank, FSB Carlsbad, NM | $27M |
| Nov 1990 | Security Federal Savings Bank Carlsbad, NM | $24M |
Where they operate
12 branches in 5 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Eddy County, NM | $515M | 17.7% | 3 of 9 |
| Lea County, NM | $214M | 8.2% | 4 of 8 |
| Curry County, NM | $22M | 1.9% | 8 of 10 |
| Bernalillo County, NM | $21M | 0.1% | 22 of 25 |
| Roosevelt County, NM | $7M | 2.8% | 4 of 4 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 1 branch since 2016 (11 to 12, +9.1%). 0 opened, 2 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 11 | |||
| 2021 | Closed Carlsbad | 0 | 1 | −1 | 10 |
| 2023 | Acquired Western Bank of Clovis | 2 | 0 | +2 | 12 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 41% | 33% | |
| 1-4 family residential | 31% | 19% | |
| Business (C&I) | 17% | 18% | |
| Construction and land | 5% | 9% | |
| Farmland | 2% | 4% | |
| Consumer | 1% | 4% | |
| Multifamily | 1% | 3% | |
| Agricultural | 0% | 5% | |
| Other | 2% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 64% | 47% | |
| Noninterest-bearing | 32% | 37% | |
| Time deposits | 4% | 16% |
Brokered deposits are 0.0% of deposits (peers 1.5%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.80% | 0.20% |
| Net charge-offs, annualized | 0.00% | 0.01% |
| Reserves to loans | 1.06% | 1.68% |
| Leverage ratio | 8.82% | 10.96% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Mexico
Largest competitors in Eddy County, NM
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/western-commerce