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Overview / Commentary
103 Manzanares Avenue
Socorro, NM 87801

First State Bank (NM) is headquartered in Socorro and is the 30th largest bank in the state of New Mexico. It is also the 3,816th largest bank in the nation. It was established in 1947 and as of December of 2015, it had grown to 27 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
Employees27
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD8.78%
Annual Interest Income$4.7MM
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$136.7MM$130.1MM
LoansQ4 2015vs Q4 2014$7.3MM$8.2MM
DepositsQ4 2015vs Q4 2014$122.4MM$116.4MM
Equity CapitalQ4 2015vs Q4 2014$14.2MM$13.5MM
Loan Loss AllowanceQ4 2015vs Q4 2014$1.0MM$899.00K
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$182.00K$18.00K
Real Estate OwnedQ4 2015vs Q4 2014$112.00K$49.00K
Rates

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Locations


First State Bank (NM) Locations
First State Bank103 Manzanares AvenueSocorro, NM 87801