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  2. First American Bank

First American Bank


Overview / Commentary
www.firstamb.net
575-746-8000
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 700th largest bank in the nation. It was established in 1903 and as of March of 2018, it had grown to 243 employees at 19 locations. First American Bank has a B+ health rating.

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Health
B+

Data as of Q1 2018

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Health Grade Components

Overall
FDIC Certificate #2240
Year Established1903
Employees243
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.77%
Return on Equity - YTD16.86%
Annual Interest Income$11.4MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$1.09B$1.09B
LoansQ1 2018vs Q1 2017$656.3MM$597.9MM
DepositsQ1 2018vs Q1 2017$912.9MM$935.0MM
Equity CapitalQ1 2018vs Q1 2017$111.8MM$109.0MM
Loan Loss AllowanceQ1 2018vs Q1 2017$13.7MM$12.3MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.8MM$2.9MM
Real Estate OwnedQ1 2018vs Q1 2017$1.0MM$895.00K
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