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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 27th largest bank in the state of New Mexico. It is also the 3,458th largest bank in the nation. It was established in 1947 and as of December of 2017, it had grown to 28 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
Employees28
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD5.17%
Annual Interest Income$4.5MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$153.3MM$132.5MM
LoansQ4 2017vs Q4 2016$6.5MM$6.1MM
DepositsQ4 2017vs Q4 2016$137.9MM$117.6MM
Equity CapitalQ4 2017vs Q4 2016$15.2MM$14.8MM
Loan Loss AllowanceQ4 2017vs Q4 2016$1.1MM$1.0MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$0$9.00K
Real Estate OwnedQ4 2017vs Q4 2016$150.00K$287.00K
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

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