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.
|FDIC Certificate #||2240|
|Return on Assets - YTD||1.73%|
|Return on Equity - YTD||16.88%|
|Annual Interest Income||$44.0MM|
|Assets and Liabilities|
|Assets||Q4 2017vs Q4 2016||$1.07B$1.09B|
|Loans||Q4 2017vs Q4 2016||$647.7MM$593.5MM|
|Deposits||Q4 2017vs Q4 2016||$836.4MM$930.4MM|
|Equity Capital||Q4 2017vs Q4 2016||$115.5MM$107.8MM|
|Loan Loss Allowance||Q4 2017vs Q4 2016||$13.3MM$12.0MM|
|Unbacked Noncurrent Loans||Q4 2017vs Q4 2016||$3.1MM$3.0MM|
|Real Estate Owned||Q4 2017vs Q4 2016||$728.00K$1.0MM|
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