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Overview / Commentary
575-746-8000
303 W Main Street
Artesia, NM 88210

First American Bank is headquartered in Artesia and is the 4th largest bank in the state of New Mexico. It is also the 687th largest bank in the nation. It was established in 1903 and as of March of 2017, it had grown to 244 employees at 19 locations. First American Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #2240
Year Established1903
Employees244
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.62%
Return on Equity - YTD16.25%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$1.09B$1.10B
LoansQ1 2017vs Q1 2016$597.9MM$575.8MM
DepositsQ1 2017vs Q1 2016$935.0MM$961.4MM
Equity CapitalQ1 2017vs Q1 2016$109.0MM$106.3MM
Loan Loss AllowanceQ1 2017vs Q1 2016$12.3MM$10.4MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$2.9MM$2.7MM
Real Estate OwnedQ1 2017vs Q1 2016$895.00K$900.00K
Rates

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Locations

First American Bank has 19 locations. Click to view all First American Bank locations.