Lea County State Bank

Hobbs, NM
IDRSSD: 1015252
Total Assets
$708.02M
Latest filing
Total Deposits
$637.58M
Latest filing
Net Interest Margin
4.17%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

112201836HOBBS, NM

Key People

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Locations

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Main Office
Lea County State Bank
1017 N Turner St
Hobbs, NM 88240
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1928FDIC Certificate 7794

Branches (2)

Page 1 of 1
NameAddressCity / State
Lea County State Bank (Main)1017 N Turner StHobbs, NM
LOVINGTON BRANCH320 S Main AveLovington, NM
NORTH GRIMES BRANCH3927 N Grimes StHobbs, NM
Showing 2 of 2

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date01/01/1928
Community BankYes
Ownership TypeNot Mutual
ZIP88240
State and County Number35025
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number11
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameHobbs, NM

Operational Info

Number of Employees87
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.onlinelcsb.com
Data Updated01/30/2026
CERT12259
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$708.02M
Total Deposits$637.58M
Total Liabilities$652.77M
Total Equity Capital$55.25M
Net Income$2.39M
Net Loans and Leases$222.62M
Assets Per Employee ($Millions)$8.23M
Bank Premises and Fixed Assets$4.43M
Cash and Balances due from Depository Institutions$34.77M
Deposits Held in Domestic Offices$637.58M

Key Performance Ratios

Return on Assets (ROA)1.34%
Return on Equity (ROE)18.53%
Net Interest Margin4.17%
Efficiency Ratio52.22%
Tier 1 Risk-Based Capital Ratio20.771%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.06%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.803%
Earning Assets to total Assets94.88%

Income and Expense

Total Interest Income$8.86M
Total Noninterest Income$996.00k
Total Interest Expense$1.73M
Total Noninterest Expense$4.24M
Net Interest Income$7.13M
Pre-tax Net Operating Income$3.77M
Provision for Credit Losses$115.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$10.81M
All Other Liabilities$4.38M
Total Liabilities and Capital$708.02M

Securities

Securities$426.10M
Available-for-sale debt securities$426.10M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Lea County State Bank?
$708.02M as of the latest filing.
How much are Lea County State Bank's total deposits?
$637.58M in total deposits.
Where is Lea County State Bank located?
Hobbs, NM.
What is the Net Interest Margin?
4.17%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1928.
What is the Return on Assets (ROA)?
1.34%.
How much are total loans and leases?
$222.62M (latest filing).
What is the total interest income (latest filing)?
$8.86M.