First American Bank is headquartered in Artesia and is the 4th largest bank in the state of New Mexico. It is also the 655th largest bank in the nation. It was established in 1903 and as of March of 2016, it had grown to 248 employees at 19 locations. First American Bank has a B+ health rating.
|FDIC Certificate #||2240|
|Return on Assets - YTD||1.43%|
|Return on Equity - YTD||14.78%|
|Annual Interest Income||$10.2MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$1.10B$1.13B|
|Loans||Q1 2016vs Q1 2015||$575.8MM$505.9MM|
|Deposits||Q1 2016vs Q1 2015||$961.4MM$985.3MM|
|Equity Capital||Q1 2016vs Q1 2015||$106.3MM$101.0MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$10.4MM$9.6MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$2.7MM$2.9MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$900.00K$2.3MM|
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