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Primebank
Primebank
| RSSD ID 671147 | CERTIFICATE 8101 | ABA NUMBER 73902313 |
| 37 1st Ave Nw |
Quarter Ended : |
2025-12-31 |
| Le Mars, Iowa, 51031 |
Updated : |
2026-01-29 |
| www.primebank.bank |
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| Institution Profile |
| Year Opened : |
1901 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Agricultural Specialization |
| Number of Offices : |
4 |
Number of Employees : |
88 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 772,931 |
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Total Interest Income | 43,245 |
| Total Liabilities | 692,174 |
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Total NonInterest Income | 3,427 |
| Total Bank Equity Capital | 80,757 |
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Total Interest Expense | 20,007 |
| Total Deposits | 681,950 |
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Total NonInterest Expense | 12,703 |
| Net Loans & Leases | 703,245 |
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Net Income | 12,537 |
| Loan Loss Allowance | 6,904 |
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Net Charge Offs | 562 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 89,430 |
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Total loans | 693,125 |
| Total assets for the leverage ratio | 769,303 |
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Loans secured by real estate: | 481,499 |
| Tier 1 Leverage Ratio | 10.7 |
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Commercial and industrial loans | 78,321 |
| Tier 1 Capital Ratio | 12.04 |
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Loans to individuals - Credit Cards | 1,016 |
| Total Capital Ratio | 13.08 |
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Loans to individuals - Other | 7,164 |
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