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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 709th largest bank in the nation. It was established in 1903 and as of December of 2017, it had grown to 241 employees at 19 locations. First American Bank has a B+ health rating.

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Health Grade Components

FDIC Certificate #2240
Year Established1903
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.73%
Return on Equity - YTD16.88%
Annual Interest Income$44.0MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$1.07B$1.09B
LoansQ4 2017vs Q4 2016$647.7MM$593.5MM
DepositsQ4 2017vs Q4 2016$836.4MM$930.4MM
Equity CapitalQ4 2017vs Q4 2016$115.5MM$107.8MM
Loan Loss AllowanceQ4 2017vs Q4 2016$13.3MM$12.0MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$3.1MM$3.0MM
Real Estate OwnedQ4 2017vs Q4 2016$728.00K$1.0MM

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