“We are very fortunate to be combining two talented teams of local commercial banking professionals and staff with an excellent knowledge of the communities and the clients they serve.” Greg Leyendecker, President and CEO of New Mexico Bank & Trust. “We at New Mexico Bank & Trust are extremely excited about the opportunity to join forces with FNB New Mexico, a division of AimBank,” said R. NMBT had approximately $1.76 billion in total assets as of December 31, 2019. NMBT serves commercial businesses, professionals and individuals from 17 offices in Central, Eastern and Northern New Mexico.
AimBank serves customers from 19 offices in West Texas: Abilene, Amarillo, Dalhart, Farwell, Levelland, Littlefield, Lubbock, Miami, Midland, Muleshoe, Odessa, Pampa, Plains, Shamrock, Snyder, and Wolfforth, Texas. FNB New Mexico serves customers from six branch offices in Northeastern New Mexico, located in Angel Fire, Clayton, Logan, Raton, Santa Rosa, and Tucumcari, New Mexico. With approximately $1.78 billion in total assets, $1.16 billion in net loans outstanding and $1.54 billion in deposits as of December 31, 2019, AimBank is a full-service community bank. A systems conversion planned for the fourth quarter of 2020 at which time FNB New Mexico will merge their operations into Heartland’s New Mexico subsidiary, New Mexico Bank & Trust (NMBT). The transaction is expected to close early in the third quarter of 2020. The transaction is subject to approval by federal and state bank regulators and to customary closing conditions. Levelland, Texas, FebruAt the time of the closing of the acquisition, FNB New Mexico, a division of AimBank will merge into Heartland. (“ABI”), and parent company of FNB New Mexico announced that they have entered into a definitive merger agreement pursuant to which ABI will be acquired by Heartland Financial USA, Inc. Levelland, TX-based AimBank, a wholly-owned subsidiary of AIM Bancshares, Inc.
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