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Overview / Commentary
575-397-4511
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 2,272nd largest bank in the nation. It was established in 1928 and as of June of 2017, it had grown to 58 employees at 3 locations. Lea County State Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #12259
Year Established1928
Employees58
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD9.62%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$288.3MM$295.8MM
LoansQ2 2017vs Q2 2016$75.1MM$60.8MM
DepositsQ2 2017vs Q2 2016$248.9MM$251.7MM
Equity CapitalQ2 2017vs Q2 2016$31.7MM$37.5MM
Loan Loss AllowanceQ2 2017vs Q2 2016$894.00K$1.2MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$0$98.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$27.00K
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