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First State Bank
First State Bank
| RSSD ID 497655 | CERTIFICATE 16600 | ABA NUMBER 112201959 |
| 103 Manzanares Ave E |
Quarter Ended : |
2025-12-31 |
| Socorro, New Mexico, 87801 |
Updated : |
2026-01-12 |
| www.Socorrobanking.com |
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| 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 |
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| Specialization : |
Other Specialized Under 1 Billion |
| Number of Offices : |
4 |
Number of Employees : |
29 |
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| Related Company Filings |
Regulator |
BBS CORP |
FED |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 208,728 |
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Total Interest Income | 6,183 |
| Total Liabilities | 182,934 |
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Total NonInterest Income | 536 |
| Total Bank Equity Capital | 25,794 |
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Total Interest Expense | 452 |
| Total Deposits | 182,341 |
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Total NonInterest Expense | 3,991 |
| Net Loans & Leases | 10,205 |
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Net Income | 1,913 |
| Loan Loss Allowance | 1,202 |
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Net Charge Offs | 27 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 26,366 |
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Total loans | 11,221 |
| Total assets for the leverage ratio | 192,513 |
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Loans secured by real estate: | 6,502 |
| Tier 1 Leverage Ratio | 13.4 |
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Commercial and industrial loans | 3,244 |
| Tier 1 Capital Ratio | 57.19 |
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Loans to individuals - Credit Cards | 366 |
| Total Capital Ratio | 58.46 |
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Loans to individuals - Other | 1,109 |
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