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Overview / Commentary
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 696th largest bank in the nation. It was established in 1903 and as of September of 2017, it had grown to 241 employees at 19 locations. First American Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #2240
Year Established1903
Employees241
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.7%
Return on Equity - YTD16.8%
Annual Interest Income$32.2MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$1.08B$1.08B
LoansQ3 2017vs Q3 2016$636.1MM$589.3MM
DepositsQ3 2017vs Q3 2016$844.9MM$907.9MM
Equity CapitalQ3 2017vs Q3 2016$113.0MM$110.5MM
Loan Loss AllowanceQ3 2017vs Q3 2016$12.6MM$10.9MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$2.4MM$2.4MM
Real Estate OwnedQ3 2017vs Q3 2016$624.00K$1.0MM
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