First State Bank (NM)
First State Bank (NM)
Overview / Commentary
First State Bank (NM) is headquartered in Socorro and is the 30th largest bank in the state of New Mexico. It is also the 3,855th largest bank in the nation. It was established in 1947 and as of June of 2016, it had grown to 28 employees at 3 locations. First State Bank (NM) has a B+ health rating.
Health
B+
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16600 |
| Year Established | 1947 |
| Employees | 28 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.76% |
| Return on Equity - YTD | 7.18% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $131.8MM$140.1MM |
| Loans | Q2 2016vs Q2 2015 | $6.6MM$7.7MM |
| Deposits | Q2 2016vs Q2 2015 | $117.5MM$126.4MM |
| Equity Capital | Q2 2016vs Q2 2015 | $14.2MM$13.5MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.1MM$965.00K |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $70.00K$264.00K |
| Real Estate Owned | Q2 2016vs Q2 2015 | $249.00K$49.00K |
Rates
Sorry, we do not have rate data for First State Bank (NM).
Locations
| First State Bank (NM) Locations | ||
|---|---|---|
| First State Bank | 103 Manzanares Avenue | Socorro, NM 87801 |
| Motor Facility | 200 California Street | Socorro, NM 87801 |
| Reserve Branch | 697 New Mexico Highway 12 | Reserve, NM 87830 |