Lea County State Bank

Overview / Commentary
1017 North Turner
Hobbs, NM 88240

Lea County State Bank is headquartered in Hobbs and is the 11th largest bank in the state of New Mexico. It is also the 1,773rd largest bank in the nation. It was established in 1928 and as of June of 2020, it had grown to 69 employees at 3 locations. Lea County State Bank has an A+ health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #12259
Year Established1928
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.13%
Return on Equity - YTD19.79%
Annual Interest Income$6.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$447.0MM$346.4MM
LoansQ2 2020vs Q2 2019$150.9MM$91.3MM
DepositsQ2 2020vs Q2 2019$336.0MM$293.9MM
Equity CapitalQ2 2020vs Q2 2019$47.7MM$38.9MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.5MM$968.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$23.00K$0
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Lea County State Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lea County State Bank Savings Account Rates

0.05%$100-Savings Account

Lea County State Bank Money Market Rates

0.15%*$100k*-Money Market
OTHER TIERS: 0.03% Up to $10k | 0.07% $10k - $25k | 0.10% $25k - $100k

Lea County State Bank Checking Account Rates

0.02%$100-Preferred Plus
0.02%$100-Business Plus
0.02%$1k-Golden Value

Lea County State Bank CD Rates

0.50%$1k-60+ Month CD
0.45%$1k-48 - 59 Month CD
0.36%$50k-260 Week CDARS
0.30%$1k-36 - 47 Month CD
0.25%$1k-30 - 35 Month CD
0.20%$50k-156 Week CDARS
0.20%$1k-24 - 29 Month CD
0.15%$50k-104 Week CDARS
0.15%$1k-12 - 17 Month CD
0.15%$1k-18 - 23 Month CD
0.10%$1k-180 - 364 Day CD
0.09%$50k-52 Week CDARS
0.08%$50k-26 Week CDARS
0.07%$1k-60 - 89 Day CD
0.07%$1k-90 - 119 Day CD
0.07%$1k-120 - 149 Day CD
0.07%$1k-150 - 179 Day CD
0.05%$50k-13 Week CDARS
0.05%$1k-7 - 29 Day CD
0.05%$1k-30 - 59 Day CD

Lea County State Bank IRA Rates

0.50%$100-60 Month IRA
0.45%$100-48 - 59 Month IRA
0.30%$100-36 - 47 Month IRA
0.20%$100-24 - 35 Month IRA
0.15%$100-12 - 23 Month IRA
0.10%$100-6 Month - 364 Day IRA

Lea County State Bank Locations
Lea County State Bank1017 North TurnerHobbs, NM 88241
Lovington Branch320 S. MainLovington, NM 88260
North Grimes Branch3927 North GrimesHobbs, NM 88240

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.