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.
|FDIC Certificate #||2240|
|Return on Assets - YTD||1.62%|
|Return on Equity - YTD||16.21%|
|Annual Interest Income||$21.3MM|
|Assets and Liabilities|
|Assets||Q2 2017vs Q2 2016||$1.09B$1.10B|
|Loans||Q2 2017vs Q2 2016||$609.9MM$589.9MM|
|Deposits||Q2 2017vs Q2 2016||$915.1MM$938.5MM|
|Equity Capital||Q2 2017vs Q2 2016||$110.2MM$108.1MM|
|Loan Loss Allowance||Q2 2017vs Q2 2016||$12.4MM$10.5MM|
|Unbacked Noncurrent Loans||Q2 2017vs Q2 2016||$1.9MM$1.3MM|
|Real Estate Owned||Q2 2017vs Q2 2016||$930.00K$891.00K|
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