Overview / Commentary
575-397-4511
1017 North Turner
Hobbs, NM 88241

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.

Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #12259
Year Established1928
Employees58
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.31%
Return on Equity - YTD14.29%
Annual Interest Income$8.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$331.9MM$292.5MM
LoansQ3 2018vs Q3 2017$97.7MM$77.6MM
DepositsQ3 2018vs Q3 2017$293.2MM$253.1MM
Equity CapitalQ3 2018vs Q3 2017$27.6MM$31.9MM
Loan Loss AllowanceQ3 2018vs Q3 2017$1.3MM$954.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$0$44.00K
Real Estate OwnedQ3 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 Bank1017 North TurnerHobbs, NM 88241
Lovington Branch320 S. MainLovington, NM 88260
North Grimes Branch3927 North GrimesHobbs, NM 88240

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