N.M. Stat. § 58-5-10
[Federal reserve member banks; state examination.]
Such bank or trust company shall continue to be subject to the supervision and
examination required by the laws of this state, except that the federal reserve board
shall have the right, if it deems necessary, to make examinations; and the authorities of
this state having supervision over such banks or trust companies may disclose to the
federal reserve board, or to examiners duly appointed by it, all information in reference
to the affairs of any bank or trust company which has become, or desires to become, a
member of a federal reserve bank.