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Overview / Commentary
575-835-1550
103 Manzanares Avenue
Socorro, NM 87801

First State Bank (NM) is headquartered in Socorro and is the 29th largest bank in the state of New Mexico. It is also the 3,739th largest bank in the nation. It was established in 1947 and as of June of 2017, it had grown to 29 employees at 3 locations. First State Bank (NM) has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #16600
Year Established1947
Employees29
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD5.61%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$136.1MM$131.8MM
LoansQ2 2017vs Q2 2016$6.4MM$6.6MM
DepositsQ2 2017vs Q2 2016$121.1MM$117.5MM
Equity CapitalQ2 2017vs Q2 2016$14.8MM$14.2MM
Loan Loss AllowanceQ2 2017vs Q2 2016$1.1MM$1.1MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$4.00K$70.00K
Real Estate OwnedQ2 2017vs Q2 2016$150.00K$249.00K
Rates

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Locations


First State Bank (NM) Locations
First State Bank103 Manzanares AvenueSocorro, NM 87801
Motor Facility200 California StreetSocorro, NM 87801
Reserve Branch697 New Mexico Highway 12Reserve, NM 87830