Overview / Commentary
Primebank is headquartered in Le Mars and is the 46th largest bank in the state of Iowa. It is also the 1,584th largest bank in the nation. It was established in 1901 and as of March of 2022, it had grown to 75 employees at 4 locations. Primebank has an A health rating.
Reviews (2)
Online Account Opening
Posted by: bp0419 | May 27, 2022
Primebank does offer online account opening for personal checking and savings accounts.
Accounts Must Be Opened In Person At A Branch
Posted by: factpath | Feb 26, 2018
I have confirmed that Primebank requires that new accounts be opened in person at a branch.
Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8101 |
| Year Established | 1901 |
| Employees | 75 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.84% |
| Return on Equity - YTD | 17.1% |
| Annual Interest Income | $5.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $570.4MM$544.2MM |
| Loans | Q1 2022vs Q1 2021 | $476.4MM$422.5MM |
| Deposits | Q1 2022vs Q1 2021 | $510.2MM$478.4MM |
| Equity Capital | Q1 2022vs Q1 2021 | $59.4MM$62.7MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $4.9MM$4.5MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $2.7MM$3.7MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |