First American Bank is headquartered in Artesia and is the 4th largest bank in the state of New Mexico. It is also the 679th largest bank in the nation. It was established in 1903 and as of December of 2016, it had grown to 247 employees at 19 locations. First American Bank has an A health rating.
|FDIC Certificate #||2240|
|Return on Assets - YTD||1.52%|
|Return on Equity - YTD||15.43%|
|Annual Interest Income||$41.4MM|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$1.09B$1.07B|
|Loans||Q4 2016vs Q4 2015||$593.5MM$563.1MM|
|Deposits||Q4 2016vs Q4 2015||$930.4MM$925.7MM|
|Equity Capital||Q4 2016vs Q4 2015||$107.8MM$103.3MM|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$12.0MM$10.4MM|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$3.0MM$3.1MM|
|Real Estate Owned||Q4 2016vs Q4 2015||$1.0MM$804.00K|
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