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 3,806th largest bank in the nation. It was established in 1947 and as of March of 2017, it had grown to 28 employees at 3 locations. First State Bank (NM) has an A health rating.
Health
A
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16600 |
| Year Established | 1947 |
| Employees | 28 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.57% |
| Return on Equity - YTD | 5.15% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $132.6MM$131.8MM |
| Loans | Q1 2017vs Q1 2016 | $6.3MM$7.0MM |
| Deposits | Q1 2017vs Q1 2016 | $117.8MM$117.7MM |
| Equity Capital | Q1 2017vs Q1 2016 | $14.5MM$13.9MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $1.0MM$1.1MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $7.00K$169.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $150.00K$112.00K |
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 |