What is First State Bank's financial health grade?

First State Bank has a TFS Financial Health Grade of B- (score: 73.1/100). This grade is based on capital adequacy, asset quality, earnings, and consumer protection metrics.

How many branches does First State Bank have?

First State Bank has 4 branch locations across the United States.

Is First State Bank FDIC insured?

Yes, First State Bank is FDIC insured (Certificate #16600).

What are the total assets of First State Bank?

First State Bank has total assets of $208.7M as reported in its most recent FDIC filing.

First State Bank: Safety Grade & Financial Health

BankSocorro, New Mexico

www.Socorrobanking.com

Total Assets

$208.7M

Total Deposits

$182.3M

Branches

Established

1947

First State Bank is a bank headquartered in Socorro, New Mexico, established in 1947. It holds $208.7M in total assets across 4 branch locations. In our editorial opinion, based on public FDIC/NCUA data, First State Bank earns a TFS Financial Health Grade of B- (73.1/100) — our editorial assessment, not an official rating or financial advice.

TFS Health Grade

B-

73.1 / 100

Good financial health

How we grade

TFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.

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Capital & Safety

Tier 1 Capital Ratio

13.40%(8%)

Total Capital Ratio

58.46%(10%)

Non-Performing Loan Ratio

0.03%

Profitability

Return on Assets (ROA)

1.01%(1%)

Return on Equity (ROE)

7.71%(10%)

Net Interest Margin

3.34%

Efficiency Ratio

63.68%(60%)

Lending & Liquidity

Total Loans

$11.4M

Loan-to-Deposit Ratio

5.60%

Net Charge-Off Ratio

Other banks in New Mexico

NUSENDA

ALBUQUERQUE, NM

$4.9B

SUNWARD

Albuquerque, NM

$4.6B

First American Bank

Bank

Artesia, NM

$1.8B

U.S. EAGLE

Albuquerque, NM

Growth

Asset Growth (YoY)

+11.69%

Deposit Growth (YoY)

+12.02%

Net Income

$1.9M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

No CFPB complaints found for this institution.

Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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Branch	Address	City	State	Type
First State BankHQ	103 Manzanares Ave E	Socorro	NM	11
First State Bank	1st And Main Street	Magdalena	NM	11
First State Bank	697 New Mexico Highway 12	Reserve	NM	23
First State Bank	200 N California St	Socorro	NM	23

Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

Institution Details

Institution TypeBank

FDIC Certificate #16600

Primary RegulatorFDIC

FDIC/NCUA InsuredYes

Data sourced from FDIC / NCUA. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.