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 First American Bank
First American Bank
| RSSD ID 771458 | CERTIFICATE 2240 | ABA NUMBER 112200439 |
| 303 W Main St |
Quarter Ended : |
2025-09-30 |
| Artesia, New Mexico, 88210 |
Updated : |
2025-10-24 |
| www.firstamericanbanknm.com |
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| Institution Profile |
| Year Opened : |
1903 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
21 |
Number of Employees : |
250 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,843,515 |
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Total Interest Income | 76,022 |
| Total Liabilities | 1,661,971 |
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Total NonInterest Income | 8,691 |
| Total Bank Equity Capital | 181,544 |
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Total Interest Expense | 12,646 |
| Total Deposits | 1,578,807 |
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Total NonInterest Expense | 31,243 |
| Net Loans & Leases | 1,072,756 |
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Net Income | 37,422 |
| Loan Loss Allowance | 20,845 |
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Net Charge Offs | 641 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 231,893 |
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Total loans | 1,096,082 |
| Total assets for the leverage ratio | 1,893,766 |
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Loans secured by real estate: | 874,439 |
| Tier 1 Leverage Ratio | 11.44 |
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Commercial and industrial loans | 175,311 |
| Tier 1 Capital Ratio | 17.83 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 19.08 |
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Loans to individuals - Other | 2,795 |
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:· First American Bank
