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Overview / Commentary
1017 North Turner
Hobbs, NM 88241

Lea County State Bank is headquartered in Hobbs and is the 16th largest bank in the state of New Mexico. It is also the 2,252nd largest bank in the nation. It was established in 1928 and as of September of 2017, it had grown to 58 employees at 3 locations. Lea County State Bank has an A health rating.


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Health Grade Components

FDIC Certificate #12259
Year Established1928
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD12.12%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$292.5MM$289.1MM
LoansQ3 2017vs Q3 2016$77.6MM$61.4MM
DepositsQ3 2017vs Q3 2016$253.1MM$248.5MM
Equity CapitalQ3 2017vs Q3 2016$31.9MM$36.1MM
Loan Loss AllowanceQ3 2017vs Q3 2016$954.00K$1.2MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$44.00K$98.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0

Rates for Lea County State Bank are currently being reviewed.


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