First American Bank

New Mexico – Eddy – Artesia

(NM) Commercial bank, state charter and Fed nonmember

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Details

(NM) Commercial bank, state charter and Fed nonmember

active

2240

1903

FDIC Certificate Number: 2240
FDIC's unique number: 1490
The FDIC Field Office where an institution is physically located: Albuquerque

Federal Reserve ID Number: 771458
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 14
Number of Foreign Offices: 0
The date of the last data update: 2010-06-26

1903-01-01 Institution established. Original name: The First National Bank Of Artesia.
1995-10-18 Changed name to The First National Bank .
2009-01-30 Changed name to First American Bank .
2009-01-30 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2009-01-30 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
2010-06-25 Acquired High Desert State Bank in Albuquerque, New Mexico as part of a government assisted transaction.

Total assets: $729,520,000
Total deposits: $624,362,000
Deposits held in domestic offices: $624,362,000
Equity capital: $63,749,000

Net income: $6,532,000

Return on Assets: 1.92
Return on Equity: 20.96
Last updated on: 2011-10-20

Bank Holding Company: First Artesia Bancshares, Inc.

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Profile ID: LFUS-BAB-P-25615

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