Abstract

AbstractCommercial Banking (MIC: 8.1 SIC: 6029 NAIC: 522110)First State Bancorporation is a New Mexico‐based bank holding company. Through its subsidiary bank, First State Bank N.M., Co. offers a range of financial services to commercial and individual customers, including checking accounts, short and medium term loans, revolving credit facilities, inventory and accounts receivable financing, equipment financing, residential and small commercial construction lending, residential mortgage loans, installment and personal loans, safe deposit services, and credit cards. At Dec 31 2005, Co. operated 31 branch offices in New Mexico, Colorado and Utah. At Dec 31 2005, Co. had total assets of $2.16 billion and total deposits of $1.51 billion.

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