Lea County State Bank is headquartered in HOBBS and is the 9th largest bank in the state of New Mexico. It is also the 1,393rd largest bank in the nation. It was established in 1928 and as of March of 2025, it had grown to 84 employees at 3 locations. Lea County State Bank's CD rates are 3X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 12259 |
Year Established | 1928 |
Employees | 84 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.92% |
Return on Equity - YTD | 31.92% |
Annual Interest Income | $8.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $689.8MM$718.5MM |
Loans | Q1 2025vs Q1 2024 | $226.5MM$237.2MM |
Deposits | Q1 2025vs Q1 2024 | $628.8MM$591.1MM |
Equity Capital | Q1 2025vs Q1 2024 | $42.1MM$37.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.7MM$1.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.7MM$1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.30% | $0 | - | Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.50%* | $100k* | - | Money Market | ||
OTHER TIERS: 0.20% → $0 - $10k | 0.30% → $10k - $25k | 0.40% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.20% | $0 | - | Preferred Plus | |
0.20% | $0 | - | Business Plus | |
0.20% | $0 | - | Golden Value |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.03% | $100 | - | 60 Month IRA | |
2.93% | $100 | - | 48 - 59 Month IRA | |
2.83% | $100 | - | 36 - 47 Month IRA | |
2.68% | $100 | - | 24 - 35 Month IRA | |
2.52% | $100 | - | 12 - 23 Month IRA | |
2.02% | $100 | - | 6 Month - 364 Day IRA |
Lea County State Bank Locations | ||
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Lea County State Bank | 1017 North Turner | Hobbs, NM 88240 |
Lovington Branch | 320 S. Main | Lovington, NM 88260 |
North Grimes Branch | 3927 North Grimes | Hobbs, NM 88240 |