|
 |
|
|
 First American Bank
First American Bank
| RSSD ID 771458 | CERTIFICATE 2240 | ABA NUMBER 112200439 |
| 303 W Main St |
Quarter Ended : |
2025-03-31 |
| Artesia, New Mexico, 88210 |
Updated : |
2025-04-23 |
| www.firstamericanbanknm.com |
|
| 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 |
|
| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
21 |
Number of Employees : |
242 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
|
Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,951,783 |
|
Total Interest Income | 24,448 |
| Total Liabilities | 1,803,323 |
|
Total NonInterest Income | 2,724 |
| Total Bank Equity Capital | 148,460 |
|
Total Interest Expense | 4,417 |
| Total Deposits | 1,714,115 |
|
Total NonInterest Expense | 9,900 |
| Net Loans & Leases | 1,044,257 |
|
Net Income | 11,958 |
| Loan Loss Allowance | 18,988 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages
(USD, in thousands) |
| Total capital | 211,520 |
|
Total loans | 1,047,665 |
| Total assets for the leverage ratio | 1,903,480 |
|
Loans secured by real estate: | 825,702 |
| Tier 1 Leverage Ratio | 10.31 |
|
Commercial and industrial loans | 179,705 |
| Tier 1 Capital Ratio | 16.19 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 17.45 |
|
Loans to individuals - Other | 2,874 |
|
|
|
|
:· First American Bank
