Financial Services >> CEO Interviews >> July 13, 2009

Michael R. Stanford – First State Bancorporation (fsnm)

Michael R. Stanford, President and Chief Executive Officer of First State Bancorporation, has been a director of the company since its inception in 1988. Mr. Stanford also serves as Chairman and Chief Executive Officer of First Community Bank, a position he's held since 1992. Having spent his entire career in the banking industry, Mr. Stanford spent five years with New Mexico Banquest Corporation as Senior Vice President in charge of loan administration prior to joining First Community Bank in 1987. In addition to his other duties, Mr. Stanford is a member of the Executive Committee. He is also a past chairman of the United Way of Central New Mexico and is involved in a variety of leadership positions in civic organizations and associations. Profile
TWST: Please give us a brief history of the company and paint a picture of the

initiatives in which First Community Bank is currently engaged?

Mr. Stanford: Our company was formed in 1989