High Desert State Bank

Status:Inactive as of 06/25/2010
 Absorption - Assisted
Successor Bank:First American Bank
Headquarters:High Desert State Bank
8110 Ventura St., Ne
Albuquerque, NM 87122
Established:08/16/1999
FDIC Insurance:08/16/1999
FDIC Cert:#35279
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$80,343,000
Total Deposits:$80,985,000

History

1999-08-16Institution established: Original name:High Desert State Bank
2010-06-25Failed. Acquired with government financial assistance and subsequently operated as part of First American Bank (2240)
2014-11-08Acquired AmBank (34302) in SILVER CITY, NM
2022-06-17Acquired United Bank of El Paso del NorteFirst American Bank (57119) in EL PASO, TX.
2022-06-17Acquired United Bank of El Paso del NorteFirst American Bank (57119) in EL PASO, TX.

Financial Information (2010-03-31 and Older)