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 689th largest bank in the nation. It was established in 1903 and as of December of 2018, it had grown to 237 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 - YTD2.08%
Return on Equity - YTD20.22%
Annual Interest Income$48.8MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$1.14B$1.07B
LoansQ4 2018vs Q4 2017$698.6MM$647.7MM
DepositsQ4 2018vs Q4 2017$981.6MM$836.4MM
Equity CapitalQ4 2018vs Q4 2017$120.5MM$115.5MM
Loan Loss AllowanceQ4 2018vs Q4 2017$15.4MM$13.3MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$2.1MM$3.1MM
Real Estate OwnedQ4 2018vs Q4 2017$681.00K$728.00K

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