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Overview / Commentary
303 W Main Street
Artesia, NM 88210

First American Bank is headquartered in Artesia and is the 3rd largest bank in the state of New Mexico. It is also the 688th largest bank in the nation. It was established in 1903 and as of June of 2017, it had grown to 243 employees at 19 locations. First American Bank has an A health rating.

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Health Grade Components

FDIC Certificate #2240
Year Established1903
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.62%
Return on Equity - YTD16.21%
Annual Interest Income$21.3MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$1.09B$1.10B
LoansQ2 2017vs Q2 2016$609.9MM$589.9MM
DepositsQ2 2017vs Q2 2016$915.1MM$938.5MM
Equity CapitalQ2 2017vs Q2 2016$110.2MM$108.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$12.4MM$10.5MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.9MM$1.3MM
Real Estate OwnedQ2 2017vs Q2 2016$930.00K$891.00K

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