# FIRST AMERICAN BANK
ARTESIA, NM · FDIC certificate 2240 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.91B | |
| Deposits | $1.63B | |
| Loans and leases | $1.17B | |
| Total equity | $191.0M | |
| Loans / deposits | 70.30% (p17 of band) | 87.10% |
| Liquid assets / assets | 34.98% (p83 of band) | |
| Uninsured deposits / deposits | 38.76% (p70 of band) | 30.76% |
| Brokered deposits | 3.13% | |
| Wholesale funding | 6.61% (p53 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.79% (p74 of band) | 10.50% |
| Unrealized securities loss / equity | -30.20% (p9 of band) | -7.75% |
| AOCI / equity | -1.30% (p12 of band) | |
| ROA (annualized) | 2.89% (p97 of band) | 1.26% |
| Net interest margin | 4.95% (p95 of band) | 3.70% |
| Efficiency ratio | 40.18% (p8 of band) | |
| Noncurrent loans | 0.53% (p51 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p28 of band) | |
| Reserve coverage of noncurrent | 362.43% | |
| Real estate % of loans | 84% | |
| Construction % of loans | 85.73% (p81 of band) | |
| Auto loans | $785,000 (0.07% of loans; DQ 8.41%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 1.1% | |
| Employees | 245 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | reserve under noncurrent |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | reserve under noncurrent |  |
| 2013-06 | 1 | capital falling | reserve under noncurrent |
| 2013-09 | 0 |  | capital falling |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 1 | capital falling |  |
| 2014-09 | 0 |  | capital falling |
| 2014-12 | 0 |  |  |
| 2015-03 | 2 | capital falling, charge-offs p90 |  |
| 2015-06 | 0 |  | capital falling, charge-offs p90 |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | capital falling |  |
| 2017-09 | 1 | deposits shrinking | capital falling |
| 2017-12 | 2 | uninsured deposits leaving |  |
| 2018-03 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2018-06 | 1 | capital falling |  |
| 2018-09 | 0 |  | capital falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | noncurrent p90 |  |
| 2019-06 | 1 | capital falling | noncurrent p90 |
| 2019-09 | 1 | charge-offs p90 | capital falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 | uninsured deposits >50% | charge-offs p90 |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 0 |  | uninsured deposits >50% |
| 2021-03 | 0 |  |  |
| 2021-06 | 2 | uninsured deposits >50%, capital falling |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | uninsured deposits >50% |
| 2022-06 | 4 | uninsured deposits >50%, capital falling |  |
| 2022-09 | 2 |  | uninsured deposits >50%, capital falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 |  | AOCI drag >20% of equity |
| 2023-06 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2023-09 | 2 |  | uninsured deposits leaving |
| 2023-12 | 2 | charge-offs p90 | deposits shrinking |
| 2024-03 | 1 |  | charge-offs p90 |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 4 | charge-offs p90, construction >100% equity, uninsured deposits leaving |  |
| 2025-03 | 2 |  | charge-offs p90, uninsured deposits leaving |
| 2025-06 | 2 |  |  |
| 2025-09 | 1 |  | construction >100% equity |
| 2025-12 | 0 |  | securities losses >30% of equity |
| 2026-03 | 0 |  |  |
| 2026-06 | 1 | securities losses >30% of equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-27 [Grant County legislators open shared office - Silver City Daily Press](https://news.google.com/rss/articles/CBMijAFBVV95cUxPZDZuQ2JfLXgxWVBubUt5SUVRa2RFUkRpdmxjV0ExWDBtNExtNjFHVjB0V0cxTHl2b3pKYlZOSjFRZFVDSkJ6V2YwVktVeFFDYk5xUm5GMU95X2JTVE16MzZzQ19SWHl1Y1Q0OEhJR2VMUXJCX0tPN0gyZWtHZGVPRkJwX2ZIWGFYLXZScw?oc=5) · Silver City Daily Press
- 2022-01-15 [El Paso's United Bank being sold to New Mexico's First American Bank - El Paso Times](https://news.google.com/rss/articles/CBMivAFBVV95cUxNRkFjYXJONXFuOG1SOVhNRXVzQnczSjlka0Zpam9yTzVPNjR2Ynd6aUl6YzFjYTRobW5XbWRnQ1lpLUFFR0Y2aTBQTGh5N1lyOTBuOHZvMzZxU1czTi0tMmV6RzhzTHpYN1NhSi1pR3ByaDBVWjN2VHpSdDg1OGVGLWRxTUlOWXkxSnBncjJqZzkydUdhYlhZVU91RUItTnl3ZkVPSGZsbzZtaDhJM19Rc3RQdWZraC1id1AyVA?oc=5) · El Paso Times
- 2018-05-29 [First American Bank awards scholarships to 20 Chaparral High School seniors - Las Cruces Sun-News](https://news.google.com/rss/articles/CBMi3gFBVV95cUxQeG9HT2M4bHAwa1pGU2FnYXFRUk8wMWRSZTd2T3hqUkNCejV3d0hzbFZTREg5Qkl5UzlIR2tQRjc4dnU5Y2RvLTRTaVBCb1JocVVyRjNiTnRnc1lOb2drdnJ3U2NMUVVGVlZ0UXo4M2VXNXVfRTRxUE9FWll0U1RnaDFfWDNhSmNJVGJmdEw5TGd5MXhabkQzbVJtbUk5ODlhN3A4elNlZlJrVzVKczNwc0lUOGpsZ1lLVXc1S3FFTFl5cVJiZTVVVTNtSDZPc296QTlMZ3hVT01wQlJSWXc?oc=5) · Las Cruces Sun-News
- 2026-02-20 [Victor Alfonso Corrales Obituary (2026) - Las Cruces, NM - Getz Funeral Home - Las Cruces - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxOX0pPd2xtcTZwLTlHUW1Ycl95X3NpLUpYMjNUcXhQNHc5VXIwQlJhTkN1NldPakZVeHk4czlwcUlvQ1YxOFlIeVdTMVk5Qi01a0IxX1pNZnNGZFh0ZnVYMjBsb2FKOVpfNHN4ZmwxbUpiSG5GNndkakVVS1lpdnQ3dWlyTG0?oc=5) · legacy.com
- 2022-04-08 [NMSU College of Business hands out honors at Hall of Fame luncheon - New Mexico State University](https://news.google.com/rss/articles/CBMi0gFBVV95cUxPSkVkRVJJeFN1YkNPUWhVUEZCZkNydDJnekJVMTN5dUZBRmtRdG81eHo5Y0RJR1R2eEdLV1V2UXhqaFBNZ0pKUDZiTlExMHBDVzhCLXZOdlIzUk1KLUkzU0xUdHpFbUFqS2pYS2NYQU5lTnN6Q0VOTVFYdUtJMU9Gbl9FeGtCa1ZvYjdFdjJLcFBsNWhLZWtvbWZubWVVSFpzRjBSYUhLYURGUlhNa2VPOGl3VzJOM21xd05wbnlKaFNmcW1qNWFqNUFoWXFzcWdva2c?oc=5) · New Mexico State University
- 2018-09-06 [U.S. Bank, Wells, Citi and Great Western: Bankers on the move - American Banker](https://news.google.com/rss/articles/CBMilwFBVV95cUxPR2lVVWk2VG9Kal81dzloUVc2elJWMThnUC1kMnpEZHU0ZDM4dkQwS1RHckprTkxXLVRNc3BoNDVFN2NvRnlzcTczWlVZbnQ2RW5fd3BxX1JUU1dTZ0sxN2NwdkJEOExNSGs2MWoyb2lYUHMyZ3NpSURQaXNxc2ZsRVZ4ZmlXNUxFNGhqRy1wcFBHSFdyaTRz?oc=5) · American Banker
- 2022-08-18 [Bailout List: Banks, Auto Companies, and More | Eye on the Bailout - ProPublica](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9yUjlLUHlRTkFPekMwR3J1MXFxS2o0OWc3cTFybnY2U1ZhZ1BkTVRweEE5bXJuWnVSTTRxWk1malZlQ2dPUVpHSTk0OTZfNUg3aGpUVVJrbw?oc=5) · ProPublica
- 2022-01-22 [Long-awaited United Bank sale in the works - elpasoinc.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxNWWlCQWpER201QWdmNDEyU3FFWE9SS0pmR3l1enZ4UDUtUnFucFV0cndpWl9ndGxZUlN6NTZtQU83YnN5VDQ3czJNZzZmY3RrdlpKRkxsR0VzY1FhSmxob0xyZm83LVBiYnIwRkkxUjA1dHlhNlhuQ2l1RnJ6aUplUjFrWDQ3UE5PWVk0M0V0bWRGSTJrSHV3MHB5dnAwakRJN3VUcmx0aDlTTVJDUERDNDJLWHpPU3d5V3ZRZFBBUUJYaE5LQjlYTlppVFUyRFE?oc=5) · elpasoinc.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=2240 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "2240", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide