Lea County State Bank
Overview / Commentary
Lea County State Bank is headquartered in Hobbs and is the 15th largest bank in the state of New Mexico. It is also the 2,006th largest bank in the nation. It was established in 1928 and as of September of 2018, it had grown to 58 employees at 3 locations. Lea County State Bank has an A health rating.
Health
A
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12259 |
| Year Established | 1928 |
| Employees | 58 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.31% |
| Return on Equity - YTD | 14.29% |
| Annual Interest Income | $8.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $331.9MM$292.5MM |
| Loans | Q3 2018vs Q3 2017 | $97.7MM$77.6MM |
| Deposits | Q3 2018vs Q3 2017 | $293.2MM$253.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $27.6MM$31.9MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $1.3MM$954.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $0$44.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Rates for Lea County State Bank are currently being reviewed.
Locations
| Lea County State Bank Locations | ||
|---|---|---|
| Lea County State Bank | 1017 North Turner | Hobbs, NM 88241 |
| Lovington Branch | 320 S. Main | Lovington, NM 88260 |
| North Grimes Branch | 3927 North Grimes | Hobbs, NM 88240 |