|
 |
|
|
 First State Bank
First State Bank
| RSSD ID 497655 | CERTIFICATE 16600 | ABA NUMBER 112201959 |
| 103 Manzanares Ave E |
Quarter Ended : |
2025-03-31 |
| Socorro, New Mexico, 87801 |
Updated : |
2025-04-08 |
| www.Socorrobanking.com |
|
| Institution Profile |
| Year Opened : |
1947 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
|
| Specialization : |
Other Specialized Under 1 Billion |
| Number of Offices : |
4 |
Number of Employees : |
28 |
|
|
|
| Related Company Filings |
Regulator |
 BBS CORP |
FED |
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 181,858 |
|
Total Interest Income | 1,590 |
| Total Liabilities | 157,515 |
|
Total NonInterest Income | 129 |
| Total Bank Equity Capital | 24,343 |
|
Total Interest Expense | 97 |
| Total Deposits | 156,708 |
|
Total NonInterest Expense | 1,041 |
| Net Loans & Leases | 9,651 |
|
Net Income | 462 |
| Loan Loss Allowance | 1,187 |
|
Net Charge Offs | 15 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 24,878 |
|
Total loans | 11,015 |
| Total assets for the leverage ratio | 189,403 |
|
Loans secured by real estate: | 6,303 |
| Tier 1 Leverage Ratio | 12.85 |
|
Commercial and industrial loans | 3,452 |
| Tier 1 Capital Ratio | 57.75 |
|
Loans to individuals - Credit Cards | 400 |
| Total Capital Ratio | 59.02 |
|
Loans to individuals - Other | 860 |
|
|
|
|
:· First State Bank
