Primebank


Overview / Commentary
712-546-4175
37 First Avenue, N.W.
Le Mars, IA 51031

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.

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Reviews (2)

Online Account Opening

Posted by: |

Primebank does offer online account opening for personal checking and savings accounts.

Accounts Must Be Opened In Person At A Branch

Posted by: |

I have confirmed that Primebank requires that new accounts be opened in person at a branch.



Health

Health Grade Components

Overall
FDIC Certificate #8101
Year Established1901
Employees75
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.84%
Return on Equity - YTD17.1%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$570.4MM$544.2MM
LoansQ1 2022vs Q1 2021$476.4MM$422.5MM
DepositsQ1 2022vs Q1 2021$510.2MM$478.4MM
Equity CapitalQ1 2022vs Q1 2021$59.4MM$62.7MM
Loan Loss AllowanceQ1 2022vs Q1 2021$4.9MM$4.5MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$2.7MM$3.7MM
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates

Rates for Primebank are currently being reviewed.

Locations


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
2700 Hamilton Boulevard Branch2700 Hamilton BoulevardSioux City, IA 51104

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