First American Bank (Artesia, NM)
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Data as of · sourced from FFIEC call reports. How we update
First American Bank is an FDIC-insured commercial bank headquartered in Artesia, NM, established in 1903 (FDIC certificate 2240), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.91B, up 2.3% from Q2 2025, the largest of 29 banks headquartered in New Mexico. Its CET1 capital ratio was 17.94% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 2240
- Headquarters
- Artesia, NM
- Established
- 1903
- Total assets, Q2 2026
- $1.91B
- Assets vs Q2 2025
- +2.3%
- CET1 ratio, Q2 2026
- 17.94%
- Domestic offices
- 21 FDIC institution directory, current count
- Routing number
- 112200439
- Latest call report
- Q2 2026, FFIEC 051 · First American Bank call report
- Holding company
- FIRST ARTESIA BANCSHARES, INC.
- Asset rank in state
- 1st of 29 in New Mexico
First American Bank is one of the more profitable banks of its size. Based in Artesia, New Mexico, it had $1.9 billion in assets at June 30, 2026, up 2.3% from a year earlier. It earns about $2.76 a year on every $100 of assets, about double the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also spends about 42 cents to bring in each dollar of revenue, lower than about 9 in 10 banks its size (median 58 cents).
Paper losses on its bond portfolio are shrinking: unrealized losses of $58 million equal 25% of Tier 1 capital, down from 35% a year earlier. Loans are outrunning deposits: over the year loans rose 6.4% and deposits rose 1.1%.
As of June 30, 2026, First American Bank reported a CET1 capital ratio of 17.94%, a return on assets of 2.76%, a nonperforming-loan ratio of 0.53% and a Texas ratio of 3.19%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First American Bank is the largest of the 29 banks headquartered in New Mexico. From Q1 2026 to Q2 2026, its total assets fell 0.9% to $1.91B, loans rose 2.6% and deposits fell 1.8%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 35.4% of total loans, ahead of commercial and industrial loans at 14.2%. The FDIC Summary of Deposits lists 21 offices for it, in 13 cities across 2 states; its Artesia 2 offices book 34% of its branch deposits. Judged on its Q2 2026 call report, First American Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 303 W Main St, Artesia, NM 88210
- County
- Eddy
- Metro Area
- Carlsbad-Artesia, NM
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1903
- Former names
- The First National Bank (1995-2009)
- Domestic offices
- 21 FDIC institution directory, current count
- Employees (FTE)
- 245
- Domestic deposits
- $1.63B
- Allowance for credit losses
- $22.3M
- Net charge-offs (YTD)
- $26K
- Average total assets
- $1.94B
- Average total loans
- $1.15B
- Average interest-bearing deposits
- $1.27B
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 2240
- Fed RSSD
- 771458
- SEC CIK
- 839916 → filed by FIRST ARTESIA BANCSHARES, INC.
- Website
- www.firstamericanbanknm.com →
- Parent Holding Company
- FIRST ARTESIA BANCSHARES, INC. (RSSD 1108967)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First American Bank's total assets ranged from $1.77B (Q4 2024) to $1.95B (Q1 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.91B total assets against $1.87B; $1.72B total liabilities against $1.71B.
$1.15B net loans and leases against $1.08B; $1.63B total deposits against $1.62B.
$564.8M securities against $601.9M; $105.1M cash and balances due against $93.0M.
$25.7M total interest income against $26.3M; $3.5M total interest expense against $4.3M.
$22.2M net interest income against $22.0M.
$2.9M total noninterest income against $2.8M; $10.7M total noninterest expense against $11.1M.
$927K provision for credit losses against $1.5M.
$13.4M net income against $12.2M.
2.76% return on assets against 2.47%; 4.82% net interest margin against 4.81%.
17.94% CET1 capital ratio against 16.75%; 11.79% tier 1 leverage ratio against 10.52%.
Inside the full First American Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First American Bank rankings
Its closest position to the top of a national ranking is 106 of 3,611, for ROA; its furthest is 1,802 of 3,640, for Texas Ratio.
Metric pages for First American Bank: ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 2.27% (Q4 2024) to 2.88% (Q1 2026) and its net interest margin ran from 4.41% (Q1 2025) to 4.82% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.94% | 2.76% | 0.53% | 3.19% | 4.82% |
| Q1 2026 | 17.83% | 2.88% | 0.51% | 3.03% | 4.77% |
| Q4 2025 | 19.45% | 2.79% | 0.54% | 2.78% | 4.77% |
| Q3 2025 | 17.83% | 2.79% | 0.84% | 4.02% | 4.73% |
| Q2 2025 | 16.75% | 2.47% | 0.86% | 4.59% | 4.81% |
| Q1 2025 | 16.19% | 2.49% | 0.95% | 5.43% | 4.41% |
| Q4 2024 | 17.10% | 2.27% | 0.79% | 5.36% | 4.62% |
| Q3 2024 | 16.29% | 2.51% | 0.97% | 7.08% | 4.78% |
Swipe the table sideways to see every column.
Branch Network
View all 21 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First American Bank (main office) | Artesia , NM | 88210 | $547.0M |
| Hobbs Branch | Hobbs , NM | 88240 | $183.8M |
| Silver City Branch | Silver City , NM | 88061 | $160.2M |
| Roswell Branch | Roswell , NM | 88201 | $138.2M |
| Mesilla Branch | Las Cruces , NM | 88005 | $127.1M |
| United Bank of El Paso Del Norte Branch | El Paso , TX | 79912 | $80.3M |
| Lovington Branch | Lovington , NM | 88260 | $63.7M |
| Carlsbad Branch | Carlsbad , NM | 88220 | $63.2M |
| Alamogordo Branch | Alamogordo , NM | 88310 | $46.7M |
| Bayard Branch | Bayard , NM | 88023 | $36.1M |
| Downtown Branch | El Paso , TX | 79901 | $35.6M |
| Gateway West Branch | El Paso , TX | 79925 | $30.8M |
| First American Bank - Jefferson Street Branch | Albuquerque , NM | 87109 | $29.1M |
| East Lohman Branch | Las Cruces , NM | 88001 | $25.0M |
| Albuquerque Branch | Albuquerque , NM | 87122 | $22.8M |
| Chaparral Branch | Chaparral , NM | 88081 | $15.9M |
| Roswell-Berrendo Branch | Roswell , NM | 88201 | $10.7M |
| Zaragoza Branch | El Paso , TX | 79936 | $8.3M |
| Rio Rancho Branch | Rio Rancho , NM | 87124 | $8.3M |
| Drive-In Branch | Artesia , NM | 88210 | $0 |
| Hobbs Branch | Hobbs , NM | 88240 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| June 18, 2022 | Structure Change | Acquired United Bank of El Paso del Norte Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 17, 2022 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 8, 2014 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 8, 2014 | Structure Change | Acquired AmBank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| June 26, 2010 | Structure Change | Acquired High Desert State Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| June 25, 2010 | Merger | Participated in FDIC Assisted Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 6 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 3.2% of deposits in NM, rank 7 of 55 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 208 applications, 128 loans originated, $38.8M originated, across 6 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $2.1M approved, $698K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First American Bank
What are First American Bank's total assets?
As of the Q2 2026 filing, First American Bank reported total assets of $1.91 billion in its FFIEC call report.
Where is First American Bank headquartered?
It is headquartered in Artesia, NM, United States.
When was First American Bank founded?
It was established in 1903, per the FDIC institution directory.
Is First American Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #2240). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First American Bank?
First American Bank's primary federal regulator is the FDIC.
What is First American Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.94% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First American Bank operate?
It operates 21 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First American Bank's Texas Ratio?
Its Texas Ratio is 3.19% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First American Bank previously called?
The charter now named First American Bank has also operated as The First National Bank (1995-2009), per FDIC structure-change records.
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