Vitals
  • Total Assets
    1.1B 1.7 %
  • Total Deposits
    930.4M 0.5 %
  • Total Net Loans
    593.5M 5.4 %
  • Net Income
    16.5M 22.2 %
  • Book Value
    107.8M 4.4 %
  • Book Value x2
    215.7M 4.4 %
  • Book Value x3
    323.5M 4.4 %
ROAA

1.513

ROAE

15.429

Efficiency Ratio

60.126

Net Interest Margin

4.015

Balance Sheet Highlights
Financial Highlights First American Bank All Insured Commercial Banks in New Mexico
Balance Sheet $(000)
Total Assets 1,087,531 339,861
Total Net Loans 593,454 173,600
Total Deposits 930,419 292,057
Total Equity 107,842 32,782
Profitability
Net Income 16,541 4,263
Return on Average Assets 1.513 1.173
Return on Average Equity 15.429 11.107
Net Interest Margin 4.015 3.853
Efficiency Ratio 60.126 66.802
Noninterest Income/Revenue 16.64 16.429
Balance Sheet Ratios
Loan-to-Deposit 63.784 55.841
Securities/Assets .367 .309
Total Equity/Total Assets .099 .096
Tangible Equity/Tangible Assets .095 .094
Capital Adequacy
Tier 1 Common Capital 107,408 32,911
Tier 1 Capital 107,408 32,911
Tier 2 Capital 8,124 2,368
Total Capital 115,532 35,303
Total Risk Weighted Assets 645,858 207,548
Leverage Ratio 9.86 10.492
Common Equity Tier 1 Capital Ratio 16.63 19.329
Tier 1 Capital Ratio 16.63 19.329
Total Capital Ratio 17.89 20.505

Timeline for First American Bank

Ambank

Acquisition: First American Bank acquired a new subsidiary, Ambank, 9 years

View Profile Nov 08 2014

High Desert State Bank

Acquisition: First American Bank acquired a new subsidiary, High Desert State Bank, 13 years

View Profile Jun 26 2010

First Artesia Bancshares, Inc.

First Artesia Bancshares, Inc. became a new parent organization for First American Bank.

View Profile Apr 23 1984

First American Bank

First American Bank was established 121 years ago and is currently headquartered in Artesia, NM.

Jan 01 1903
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Ambank Seller 123,217 Pooling of Interests Discontinued 11/8/2014
High Desert State Bank Seller 80,343 Failure 6/26/2010
Relationships Role Relationship Start Relationship End
First Artesia Bancshares, Inc. Parent 4/23/1984
Similar Organizations
Organization City State Total Assets
The Bank Of Commerce
 		Ammon ID 1.1B
Sovereign Bank
 		Dallas TX 1.1B
First Choice Bank
 		Lawrenceville NJ 1.1B
First Financial Northwest Bank
 		Renton WA 1.1B
Falcon International Bank
 		Laredo TX 1.0B
Bank Of Utica
 		Utica NY 1.0B
Iab Financial Bank
 		Fort Wayne IN 1.1B
State Bank & Trust Company
 		Greenwood MS 1.1B
Qnb Bank
 		Quakertown PA 1.1B
Crescent Bank & Trust
 		New Orleans LA 1.1B