TellerScore

First State Bank (FDIC certificate #16600) is based in Socorro, New Mexico. Its Q2 2026 call report shows $188.0M in total assets and $160.5M in deposits and 4 offices.

First State Bank has a TellerScore of 84 out of 100 (strong) based on Q2 2026 data — higher than 86% of its 2,650 banks with $100 million – $1 billion. Among 29 banks headquartered in New Mexico, it ranks 4th. Problem-loan coverage contributes the most (100/100, 0.0%); funding & liquidity contributes the least (60/100, 7% loans-to-deposits, 51% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion93/100
Tier 1 leverage ratio: 14.27%
Loan quality99/100
Noncurrent loans ÷ total loans: 0.03%
Earnings60/100
Return on assets (annualized): 1.01%
Funding & liquidity60/100
Loans ÷ deposits and uninsured-deposit share: 6.5% · 50.9% uninsured
Problem-loan coverage100/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 0.01%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (80 → 84), mostly because the capital cushion component improved by 9 points.

TellerScore
737984Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202473
Q3 202474
Q4 202475
Q1 202574
Q2 202580
Q3 202583
Q4 202580
Q1 202681
Q2 202684
Tier 1 leverage ratio
5.00%9.64%14.27%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202412.03%
Q3 202412.21%
Q4 202412.66%
Q1 202512.85%
Q2 202513.40%
Q3 202513.95%
Q4 202513.40%
Q1 202613.51%
Q2 202614.27%
Noncurrent loans
0.02%0.33%0.65%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.61%
Q3 20240.59%
Q4 20240.61%
Q1 20250.65%
Q2 20250.02%
Q3 20250.07%
Q4 20250.03%
Q1 20260.03%
Q2 20260.03%
Return on assets
0.90%1.08%1.26%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20241.21%
Q3 20241.26%
Q4 20241.19%
Q1 20251.00%
Q2 20250.98%
Q3 20251.00%
Q4 20251.01%
Q1 20260.90%
Q2 20261.01%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202684$188.0M14.27%0.03%1.01%6.5%
Q1 202681$185.7M13.51%0.03%0.90%6.7%
Q4 202580$208.7M13.40%0.03%1.01%5.6%
Q3 202583$175.0M13.95%0.07%1.00%6.7%
Q2 202580$190.1M13.40%0.02%0.98%5.9%
Q1 202574$181.9M12.85%0.65%1.00%6.2%
Q4 202475$186.9M12.66%0.61%1.19%6.1%
Q3 202474$186.9M12.21%0.59%1.26%6.4%
Q2 202473$181.2M12.03%0.61%1.21%6.3%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio14.27%
83rd
Total risk-based capital58.71%
99th
Problem loans0.03%
83rd
Net charge-offs-0.05%
96th
Return on assets1.01%
34th
Net interest margin3.23%
17th
Efficiency ratio67.4%
36th
Loans to deposits6.5%
100th
Uninsured deposits50.9%
4th
Loan-loss reserves10.46%
100th
Texas ratio0.0%
89th

Similar-size banks in New Mexico

InstitutionScoreAssetsCapitalProblem loansCompare
Bank of the SouthwestBank Roswell, NM64 out of 100, Moderate$176.3M9.4%0.73%vs
First New Mexico Bank, Las CrucesBank Las Cruces, NM68 out of 100, Moderate$171.9M13.1%2.31%vs
American Heritage BankBank Clovis, NM83 out of 100, Strong$153.2M11.1%0.22%vs
First New Mexico Bank of Silver CityBank Silver City, NM95 out of 100, Very strong$147.5M14.3%0.16%vs
Main BankBank Albuquerque, NM82 out of 100, Strong$245.2M11.5%0.00%vs
First New Mexico BankBank Deming, NM91 out of 100, Very strong$275.1M14.7%0.16%vs

Deposit insurance

Is my money safe at First State Bank?

Yes. First State Bank is an FDIC-insured institution (FDIC certificate #16600). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 50.9% of deposits ($81.8M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 14.27%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 58.71% (benchmark: 10%).

Check how much of your own balance is covered

4 locations

Branches

First State Bank lists 2 offices in 2 cities. Most locations:

  • Magdalena, NM (1)
  • Socorro, NM (1)

All branch addresses and map

Identity & history

Profile

Legal name
First State Bank
Type
State-chartered bank
FDIC certificate #
16600
RSSD ID
497655
Primary regulator
FDIC
Holding company
Bbs Corp
Established
July 1, 1947
Headquarters
103 Manzanares Ave E, Socorro, NM 87801
Employees
27

Quick answers

First State Bank: common questions

Is First State Bank FDIC insured?

Yes. First State Bank is an FDIC-insured institution (FDIC certificate #16600). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First State Bank's TellerScore?

84 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First State Bank ever failed?

There is no failure record for FDIC certificate #16600 in the FDIC failed bank list.

How many branches does First State Bank have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Socorro

InstitutionScoreAssetsCapitalProblem loansCompare
Nusenda Federal Credit UnionCredit union Albuquerque, NM62 out of 100, Moderate$5.0B9.2%0.79%vs
WaFd BankBank Seattle, WA61 out of 100, Moderate$27.6B9.2%0.63%vs
Wells Fargo Bank, National AssociationBank Sioux Falls, SD58 out of 100, Moderate$1.9T8.0%1.04%vs