Primebank

Primebank is headquartered in Le Mars and is the 48^th largest bank in the state of Iowa. It is also the 2,021^st largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 67 employees at 3 locations. Primebank's savings rates are 2X the national average, and it has a 4-star health rating.

Primebank Routing Number: 073902313

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Data for Q1 2012

Institution Statistics Primebank FDIC Certificate # 8101 BankRate Report View Year Established 1901 Employees 67 Primary Regulator FED Assets and Liabilities Assets $322.92 million Loans $205.19 million Deposits $284.11 million Equity Capital $37.87 million Loan Loss Allowance $4.57 million Unbacked Noncurrent Loans $11.71 million Real Estate Owned $599,000 Historic Data - March 2011 Assets $323.43 million Equity Capital $35.48 million Loan Loss Allowance $3.90 million Unbacked Noncurrent Loans $4.46 million Real Estate Owned $1.20 million Profit Margin - Quarterly Net Interest Margin 3.5% Return on Assets 1.24% Return on Equity 10.47% Interest Income $3.32 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Primebank had $12.31 million in non-current loans and owned real-estate with $42.44 million in equity and loan loss allowances on hand to cover it. This gives Primebank a Texas Ratio of 29.00% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Primebank increased slightly from 14.48% as of March 31, 2011 to 29.00% as of March 31, 2012, resulting in a negative change of 100.27%. This indicates that the balance sheet and financial strength for Primebank has declined slightly in recent periods. Deposit Growth In the past year, Primebank has increased its total deposits by $6.45 million, resulting in 2.32% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Primebank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Primebank has $322.92 million in assets with $42.44 million in equity, resulting in a capitalization level of 13.14%, which is excellent.

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