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Lea County State Bank

Hobbs, NM · Est. 1928 · Website ↗
B
Trust Grade
Strong
Score: 89/100

Lea County State Bank is a bank based in Hobbs, New Mexico, established in 1928, with $719 million in total assets across 3 branches. By Trust Grade it ranks 26th of 29 banks we track in New Mexico. Its capital ratio of 7.5% trails most similarly sized banks (10th percentile), versus a New Mexico median of 9.8%. It was profitable over the most recent period, with a 1.74% return on assets. No consumer complaints against Lea County State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$718.6M
$100M–1B institution
Deposits
$644.6M
Branches
3
Capital ratio
7.5%
Bottom 10% of $100M–1B peers · New Mexico median 9.8%
Return on assets
1.7%
Top 21% of $100M–1B peers · New Mexico median 1.95%
Rank in New Mexico
#26
of 29 banks

How Lea County State Bank compares to New Mexico peers

Capital ratio
Bottom 10% of $100M–1B peers
Lea County
7.5%
New Mexico median
9.8%
Higher capital ratio = stronger financial cushion
Return on assets
Top 21% of $100M–1B peers
Lea County
1.7%
New Mexico median
1.9%
Higher ROA = more profitable relative to asset base

How we graded Lea County State Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
89/100
Customer experience
n/a
Overall
B · 89
  • Well-capitalized (7.5% capital ratio)
  • Strongly profitable (ROA 1.74%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Lea County State Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (3)

  • 320 S Main Ave, Lovington, NM 88260
  • 3927 N Grimes St, Hobbs, NM 88240
  • 1017 N Turner St, Hobbs, NM 88240

Are deposits at Lea County State Bank insured?

Yes. Lea County State Bank is an FDIC-insured bank (FDIC certificate #12259). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Lea County State Bank: frequently asked questions

Is Lea County State Bank a good bank?

Lea County State Bank earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (7.5% capital ratio); Strongly profitable (ROA 1.74%).

Is Lea County State Bank FDIC-insured?

Yes. Lea County State Bank is a FDIC-insured bank (FDIC certificate #12259). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Lea County State Bank?

Lea County State Bank holds $719 million in total assets, ranking 26th of 29 banks we track in New Mexico. It operates 3 branches.

Does Lea County State Bank have CFPB complaints?

No CFPB complaints against Lea County State Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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