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Local banking directory

Banks and Bank Branches in Hobbs, New Mexico

The FDIC reported 13 deposit-reporting offices from 8 institutions in Hobbs as of June 30, 2025. Bankular currently provides 13 detailed location pages with addresses, maps and directions.

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FDIC-reported offices13
Institutions reporting8
Detailed location pages13
Reported branch deposits$2.21B
SOD reporting dateJune 30, 2025

Market analysis

What the deposit data shows

FDIC SOD, June 30, 2025
Largest institutionWells Fargo Bank52.67% of deposits
Top three share85.80%
Deposit HHI3,558Higher concentration
Current detailed pages13Matches the June 2025 SOD office count

Wells Fargo Bank held 52.67% of reported branch deposits in Hobbs. The three largest institutions together held 85.80%. Bankular places the resulting HHI of 3,558 in its higher concentration descriptive band.

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Local deposit market

Reported offices, deposits and market share

FDIC SOD, June 30, 2025
InstitutionReported officesDepositsShare
Wells Fargo Bank1$1.16B52.67%
Lea County State Bank2$579.6M26.26%
First American Bank2$151.7M6.87%
WaFd Bank1$91.6M4.15%
Western Commerce Bank3$75.3M3.41%
Pioneer Bank2$70.4M3.19%
The James Polk Stone Community Bank1$63.0M2.85%
First National Bank Texas1$13.0M0.59%