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Last $20.00 USD
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ALMG On Other Exchanges
As of 8:10 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

alamogordo financial corp (ALMG) Snapshot

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52 Week High
06/16/15 - $20.38
52 Week Low
04/15/15 - $14.75
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alamogordo financial corp (ALMG) Details

Alamogordo Financial Corp. operates as the bank holding company for BANK’34 that offers banking services to individuals and businesses in Otero and Dona Ana Counties and in the surrounding counties in New Mexico; and in Maricopa and Pinal Counties in Arizona. The company’s deposit products include certificates of deposit, savings accounts, checking accounts, NOW and money market accounts, commercial checking accounts, and low-cost checking account services, as well as related services, such as online cash management. Its loan products comprise residential real estate, commercial business and commercial real estate, commercial and industrial, and consumer and other loans. The company also offers bill payment and other online banking transactions, automated teller machines, and safe deposit boxes. It operates from two offices in Alamogordo and Las Cruces, New Mexico, as well as a lending office in Scottsdale, Arizona. The company was founded in 1934 and is headquartered in Alamogordo, New Mexico. Alamogordo Financial Corp. is a subsidiary of AF Mutual Holding Company.

75 Employees
Last Reported Date: 03/30/15
Founded in 1934

alamogordo financial corp (ALMG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $189.6K
President and Director of Corporate Developme...
Total Annual Compensation: $132.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $137.8K
Compensation as of Fiscal Year 2014.

alamogordo financial corp (ALMG) Key Developments

Alamogordo Financial Corp., Annual General Meeting, May 27, 2015

Alamogordo Financial Corp., Annual General Meeting, May 27, 2015., at 11:00 US Mountain Standard Time. Location: main office of Bank'34. Agenda: To elect three directors; to consider the ratification of the appointment of Briggs & Veselka Co. as independent registered public accounting firm for the year ending December 31, 2015; and to transact such other matters as may properly come before the annual meeting, or any adjournments thereof.

Alamogordo Financial Corp. and Bank'34 Appoints Wortham A. (Pete) Cook to its Boards of Directors

On March 25, 2015, Alamogordo Financial Corp. and its wholly owned subsidiary, BANK'34 each appointed Wortham A. (Pete) Cook to their boards of directors. Mr. Cook has been appointed to the Asset/Liability Management Committee, the Director's Loan Committee and the Nominating and Corporate Governance Committee.

Alamogordo Financial Corp. Approves Amendments to its By-Laws

On March 25, 2015, the Board of Directors of Alamogordo Financial Corp. approved an amendment to Article III, Section 2 of the company’s Bylaws changing the number of members of the Board of Directors from six to seven. The Bylaws were amended in connection with the appointment of Director Cook. On March 25, 2015, the Board of Directors of the company approved an amendment to Article II, Section 2 of the company’s Bylaws changing the annual meeting date to the fourth Wednesday in May, consistent with the company’s prior change in fiscal year end from June 30 to December 31.


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Valuation ALMG Industry Range
Price/Earnings 16.0x
Price/Sales 2.7x
Price/Book 1.2x
Price/Cash Flow 16.2x
TEV/Sales 0.6x

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