High Desert State Bank
Albuquerque, NM
$80.3M
total assets, March 31, 2010
$80.3M
total assets, March 31, 2010
High Desert State Bank was a state nonmember bank in Albuquerque, NM. It failed on Jun 25, 2010, and First American Bank took over its deposits. At its last report it held $80.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- Jun 25, 2010
- Assets
- $80.3M
- Deposits
- $81.0M
- Estimated cost
- $28.4M
- Deposits went to
- First American Bank, Artesia, NM
Total assets
$80.3M
-12.0% in a year · -2.6% in a quarter
Deposits
$81.0M
-2.0% in a year · +1.9% in a quarter
Loans
$57.0M
-17.6% in a year · -9.6% in a quarter
Profit so far
-$3.6M
Jan 1 to Mar 31, 2010
Capital ratio
-0.89%
-9.66 pts in a year
Return on assets
-17.92%
-9.89 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 8110 Ventura St., Ne, Albuquerque, NM, 87122
- County
- Bernalillo
- Established
- Aug 16, 1999
- Failed
- Jun 25, 2010
- Employees
- 15
- Branches
- 2
- Id
- b35279
Quarter by quarter
September 30, 1999 to March 31, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is High Desert State Bank?
$80.3 million in total assets and $81.0 million in deposits as of March 31, 2010, with assets down 12.0% from a year before. Its loans were $57.0 million.
How many branches does High Desert State Bank have?
2 branches in New Mexico as of June 30, 2026.
Is High Desert State Bank profitable?
No: it lost $3.65 million from January 1 to March 31, 2010. Its return on assets was -17.92% a year; about 1% is typical.
When did High Desert State Bank fail?
Jun 25, 2010. First American Bank of Artesia, NM took over its deposits. The estimated cost of the failure was $28.4 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.