The First National Bank Building was built in 1922-23, replacing an older building at Second and Gold Streets as the headquarters of the First National Bank. The bank commissioned the El Paso firm of Trost & Trost to design the building, with Henry C. Trost as the lead architect. The bank's president John M. Raynolds wrote in a letter that Trost "seemed to catch our ideas of what kind of a building we wanted and what kind of a banking room we wanted, and put them on paper immediately....We are especially pleased with the design Mr. Trost made of the exterior of the building and believe that it requires an artist like Mr. Trost to give a building distinction and individuality." At, the nine-story building was the tallest in the city and was often referred to as Albuquerque's first skyscraper. An Albuquerque Journal writer described the view from the roof of the building in 1923: In addition to the bank, the building housed offices for many of the city's most prominent doctors, lawyers, and other professionals. It remained the tallest building in Albuquerque until the Simms Building was completed in 1954. First National Bank sold the building after moving its headquarters to First Plaza in 1975, but reacquired it in 1990 and moved some of its departments back in. First National's successor First Security Bank owned the building until 1999, when it was purchased by a private developer with the intent to convert it into a luxury hotel. Plans later changed, and the building was instead remodeled into a high-end condominium project called The Banque Lofts, which opened in 2006.
Architecture
The First National Bank Building is an L-shaped structure occupying the northeast corner of 3rd Street and Central Avenue. Architecturally, it is divided into three sections: a two-story base, a six-story main block, and a one-story crown. The base contains the original double-height banking hall and a mezzanine and is distinguished by a row of high arched windows extending all the way around the building, even into the alley. It is further ornamented with scrolls, rosettes, medallions, and moldings. The ninth floor is set off with a string course and decorated with corner medallions and a heavy cornice. The building has a concrete frame and includes a full basement and two mechanical floors. The banking lobby has a high coffered ceiling supported by two rows of octagonal columns and continues the arched window pattern on all four sides. On the blind walls, the arches are filled with mirrors to increase the apparent size of the room. A mezzanine was added on the north side in the 1940s. The lobby area was renovated into office space in 2017 but still includes most of the original details including the bank vault.
