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Overview / Commentary
37 First Avenue, N.W.
Le Mars, IA 51031

Primebank is headquartered in Le Mars and is the 47th largest bank in the state of Iowa. It is also the 1,771st largest bank in the nation. It was established in 1901 and as of September of 2016, it had grown to 69 employees at 3 locations. Primebank has an A+ health rating.


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Health Grade Components

FDIC Certificate #8101
Year Established1901
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.42%
Return on Equity - YTD20.74%
Annual Interest Income$11.7MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$386.8MM$344.0MM
LoansQ3 2016vs Q3 2015$302.7MM$262.9MM
DepositsQ3 2016vs Q3 2015$320.7MM$300.1MM
Equity CapitalQ3 2016vs Q3 2015$45.1MM$40.0MM
Loan Loss AllowanceQ3 2016vs Q3 2015$4.3MM$4.1MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$2.5MM$2.8MM
Real Estate OwnedQ3 2016vs Q3 2015$239.00K$428.00K

Rates for Primebank are currently being reviewed.


Primebank Locations
Sioux Center Branch1601 S. Main StSioux Center, IA 51250
Primebank37 First Avenue, N.W.Le Mars, IA 51031
Sioux City Branch5680 Sunnybrook DrSioux City, IA 51106