Where is First American Bank located?

First American Bank is located at 303 W Main St, ARTESIA, NM 88210.

How can I contact First American Bank?

You can contact First American Bank by phone at (800) 289-6140.

First American Bank

About

First American Bank is the largest independent community bank serving New Mexico and El Paso, Texas, with 22 locations across 14 communities. Founded in 1903 as The First National Bank of Artesia, the bank has maintained continuous operation for over 120 years. The bank offers comprehensive financial services including savings accounts, checking, loans, credit/debit cards, and digital banking solutions.

1903

Founded

Reviews & Ratings

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SBA 7(a) Lending Analytics

SBA 7(a) Acquisition Loan Data As Of June 30, 2025

SBA Acquisition Loan Activity

Last 12 Months

1

Last 3 Years

1

YoY Growth

Data not available

Loan Size Distribution

As Of June 30, 2025

Median

$492K

Average

$492K

Top Industries Served

Industries with highest loan volume

1

NAICS

loans

N/A

avg. amount

1

NAICS

Loans

Avg. Amount

N/A

Interest Rate Analysis

All rates shown as spread over Prime Rate

Rate Distribution

Median Rate:Prime + 1.50%

Typical Range:Prime + 1.50% - 1.50%

Min / Max:Prime + 1.50% / 1.50%

Market Comparison

This Lender

Prime + 1.50%

Market Average

Prime + 1.25%

25 bps above market

Default Rate & Risk Profile

As Of June 30, 2025 - 10-year default rate indicates underwriting quality

10-Year Default Rate

0.0%

Bottom 10% of Lenders (Highest Default Rate)

Performance Ranking

100th

Lower is better among all lenders

Geographic Loan Distribution

As Of June 30, 2025 - States by loan volume (darker blue = higher volume)

Low

Medium

High

Very High