# LEA COUNTY STATE BANK
HOBBS, NM · FDIC certificate 12259 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $738.3M | |
| Deposits | $662.4M | |
| Loans and leases | $233.0M | |
| Total equity | $57.8M | |
| Loans / deposits | 34.65% (p2 of band) | 82.04% |
| Liquid assets / assets | 65.50% (p98 of band) | |
| Uninsured deposits / deposits | 31.91% (p72 of band) | 25.97% |
| Brokered deposits | 11.54% | |
| Wholesale funding | 13.34% (p84 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.21% (p16 of band) | 10.81% |
| Unrealized securities loss / equity | -20.35% (p22 of band) | -8.10% |
| AOCI / equity | 1.57% (p97 of band) | |
| ROA (annualized) | 1.58% (p68 of band) | 1.28% |
| Net interest margin | 3.99% (p54 of band) | 3.91% |
| Efficiency ratio | 52.97% (p25 of band) | |
| Noncurrent loans | 3.61% (p96 of band) | 0.43% |
| Net charge-offs (annualized) | 0.21% (p91 of band) | |
| Reserve coverage of noncurrent | 41.28% | |
| Real estate % of loans | 29% | |
| Construction % of loans | 9.88% (p14 of band) | |
| Auto loans | $326,000 (0.14% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $12.6M (22% of equity) (p98 of band) | |
| Deposits YoY | -0.7% | |
| Employees | 86 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 | NIM <2.5% | reserve under noncurrent |
| 2012-09 | 2 |  |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | NIM <2.5% |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 3 | NIM <2.5%, noncurrent p90 |  |
| 2015-06 | 3 |  |  |
| 2015-09 | 2 |  | noncurrent p90 |
| 2015-12 | 2 |  |  |
| 2016-03 | 2 | deposits shrinking | NIM <2.5% |
| 2016-06 | 4 | assets shrinking, uninsured deposits leaving |  |
| 2016-09 | 2 |  | deposits shrinking, uninsured deposits leaving |
| 2016-12 | 3 | AOCI drag >20% of equity, charge-offs p90, deposits shrinking | reserve under noncurrent, assets shrinking |
| 2017-03 | 1 | capital falling | AOCI drag >20% of equity, charge-offs p90, deposits shrinking |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 1 | reserve under noncurrent |  |
| 2018-03 | 3 | capital falling, noncurrent p90 |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 1 |  | reserve under noncurrent, noncurrent p90 |
| 2018-12 | 2 | reserve under noncurrent |  |
| 2019-03 | 0 |  | capital falling, reserve under noncurrent |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | reserve under noncurrent |  |
| 2021-06 | 2 | noncurrent p90 |  |
| 2021-09 | 3 | capital falling, charge-offs p90 | noncurrent p90 |
| 2021-12 | 1 |  | reserve under noncurrent, capital falling |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | charge-offs p90 |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 5 | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |  |
| 2023-03 | 4 |  | AOCI drag >20% of equity |
| 2023-06 | 2 | wholesale funding >15% | noncurrent p90, reserve under noncurrent, uninsured deposits leaving |
| 2023-09 | 4 | capital falling, AOCI drag >20% of equity |  |
| 2023-12 | 3 |  | AOCI drag >20% of equity |
| 2024-03 | 4 | reserve under noncurrent |  |
| 2024-06 | 2 |  | capital falling, reserve under noncurrent |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | brokered >10%, reserve under noncurrent | wholesale funding >15% |
| 2025-03 | 2 |  | brokered >10% |
| 2025-06 | 4 | brokered >10%, noncurrent p90 |  |
| 2025-09 | 5 | capital falling, assets shrinking | brokered >10% |
| 2025-12 | 2 |  | securities losses >30% of equity, capital falling, assets shrinking |
| 2026-03 | 2 |  |  |
| 2026-06 | 4 | brokered >10%, charge-offs p90 |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2022-06-13 [ABF's 40 Under 40 2022: Volunteering to lead PPP lending efforts became a rewarding experience for Josh Grassham - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxNb3Zwa1JaSlJsbmw4UjQ5ZFNoNk1pUE1hbGg0ZVFydjJRMjVuQzFUWk1WX2p4bC1rZkYwN19qNkJ2QW5MYnJWLTBpdGhuNVVXS0tEVFBRWmRNU0VvZXBXelVBRU1LWnBkb1dad05ScXpWc0Nna0FySEZ0dEQyeE5vQVA2SVpUOURPbkNtbUljYU4yTkl4ekNLWTZtVFI4ZG41T0hidzhYd2c0bTdJa21F?oc=5) · The Business Journals
- 2026-08-31 [Free adult literacy summit coming to Hobbs - Permian Proud](https://news.google.com/rss/articles/CBMigAFBVV95cUxOT2dzQlRnUi1MSEhTcHRETXdSWlBLOXJSNUN5R2pzVExwV0wzREpSbk1ZY3BkVDdWVTFtbVBnd1ZUd29VMG5IRmM2X25PR3RyVG9RMjJ3MlZQV21MVTJsZFFQci1RYV9RS3VkSWRzVzJya0Y0UUFfRHV5MGx2azJ4ZA?oc=5) · Permian Proud
- 2026-08-31 [Literacy Coalition brings ‘Literacy Is Opportunity’ summit to Hobbs - Odessa American](https://news.google.com/rss/articles/CBMinwFBVV95cUxOLUxjZmw1d2ZoTWM4NTIwa3k4d1VJcm9YYzZwSHJtekdWVUtPTFg1cF9UcjZsR0wtdF9NblV1aEUwZGJtTzNNV1hud1ZBMC04R3E5TU5PUHVtaGRIWEhyV2hPQmhnUjlKbGlDTkppY205Q250YWsyRHdiazYyWkxpUmt1eHRLOEl4R3BxVEViWGpScVVybzZUU2ZQdmR6QVU?oc=5) · Odessa American
- 2022-11-10 [Second Chance Checking Accounts By State - Lee News Central](https://news.google.com/rss/articles/CBMisAFBVV95cUxNOW82MnUyWmVEZUJGbTJMUkhhOTI3eDFWLUxEZnIteV9BVmlnRTZLYzZJY29TeWRKZ0p4NHhBbVUzejVscnRWTG5BcW5Pc2tVQU9fMG04RFpLMGNMT05UaTlMTTRWVlB6Y1NRNkt6dTk0cWU4dVB0VWZHWC1MY0tBanRsWjZlNjJ2RGhrM21kd3M4ek5DLXgwZzg5YWVzUkRzeUpZMExhUjRCWER5MnFWOA?oc=5) · Lee News Central
- 2018-05-10 [Janie Garner Obituary - San Angelo, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxNdlY4UHFpUFU4eUs2YTdrZG1qRlBoR0MxNk9HZEQ1czR0TFdJZG5uTnVlZjVDamxsUDVPRUtPNzVjVDFXem9kQmFQazBvS3VOdTRPaGtIbHVFTE1xQWNvLVhYZ3I1RjNGUkdCOWRHUTBsQW5qMTJDQ2Vwd2lFelh3dWpncw?oc=5) · Dignity Memorial
- 2024-11-08 [Pacific Rim celebrates 20 years - hobbsnews.com](https://news.google.com/rss/articles/CBMiakFVX3lxTE5ENmNITzZrTGtwb2FfU1ZheWxUdkhGZFo5Y2NBTFRhX2hCbGF3aEU2aXhzTThXTllLUmo0NEFPRGtaX3dZYk9xMnVCX0VVeFRyVmFIRC1nNU1kb2l1RU82Y3I5a0h0V0dxbWc?oc=5) · hobbsnews.com
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2018-08-15 [Kenny Shelton Obituary (2018) - Hope, NM - Chapel of Hope Funerals & Cremations - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxOMFpGMnQyTG1SUHhMMjRocHYwSF9aX1llN3JVNThYR0hQTHdWeUsyRHZSemM2SVZrbm1USlFoY3BuQVZEcmFjUDVuOU5pemwtckx0RUJEQW9RWXFOaEcwOEw0dUpfTXUzS09yWlN1RUQ5b3VIMkJnbXdlX2FFUVQwNmFNWmM?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12259 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/35.json (key "12259", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide