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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 3,819th largest bank in the nation. It was established in 1947 and as of December of 2016, it had grown to 28 employees at 3 locations. First State Bank (NM) has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #16600
Year Established1947
Employees28
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD7.23%
Annual Interest Income$4.6MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$132.5MM$136.7MM
LoansQ4 2016vs Q4 2015$6.1MM$7.3MM
DepositsQ4 2016vs Q4 2015$117.6MM$122.4MM
Equity CapitalQ4 2016vs Q4 2015$14.8MM$14.2MM
Loan Loss AllowanceQ4 2016vs Q4 2015$1.0MM$1.0MM
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$9.00K$182.00K
Real Estate OwnedQ4 2016vs Q4 2015$287.00K$112.00K
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