Lea County State Bank

Overview / Commentary
1017 N Turner St
Hobbs, NM 88240

Lea County State Bank is headquartered in HOBBS and is the 9th largest bank in the state of New Mexico. It is also the 1,468th largest bank in the nation. It was established in 1928 and as of September of 2023, it had grown to 77 employees at 3 locations. Lea County State Bank's CD rates are 5X the national average, and it has a B health rating.


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Health Grade Components

FDIC Certificate #12259
Year Established1928
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.35%
Return on Equity - YTD30.77%
Annual Interest Income$18.7MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$617.2MM$583.1MM
LoansQ3 2023vs Q3 2022$228.3MM$211.1MM
DepositsQ3 2023vs Q3 2022$500.2MM$502.6MM
Equity CapitalQ3 2023vs Q3 2022$21.9MM$17.1MM
Loan Loss AllowanceQ3 2023vs Q3 2022$2.1MM$1.6MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$966K$577K
Real Estate OwnedQ3 2023vs Q3 2022$0$0
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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

0.30%--Savings Account

Lea County State Bank Money Market Rates

0.50%*$100k*-Money Market
OTHER TIERS: 0.20% Up to $10k | 0.30% $10k - $25k | 0.40% $25k - $100k

Lea County State Bank Checking Account Rates

0.20%--Preferred Plus
0.20%--Business Plus
0.20%--Golden Value

Lea County State Bank CD Rates

4.96%$50k-13 Week CDARS
4.94%$50k-26 Week CDARS
4.81%$50k-52 Week CDARS
4.31%$50k-104 Week CDARS
4.10%$50k-156 Week CDARS
4.07%--12 - 17 Month CD
3.04%--60+ Month CD
2.53%--36 - 47 Month CD
2.53%--48 - 59 Month CD
2.02%--18 - 23 Month CD
2.02%--24 - 29 Month CD
2.02%--30 - 35 Month CD
1.51%--180 - 364 Day CD
1.00%--60 - 89 Day CD
1.00%--90 - 119 Day CD
1.00%--120 - 149 Day CD
1.00%--150 - 179 Day CD
1.00%--7 - 29 Day CD
1.00%--30 - 59 Day CD

Lea County State Bank IRA Rates

4.06%$100-12 - 23 Month IRA
3.03%$100-60 Month IRA
2.52%$100-36 - 47 Month IRA
2.52%$100-48 - 59 Month IRA
2.02%$100-24 - 35 Month IRA
1.51%$100-6 Month - 364 Day IRA

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

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