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 Primebank
Primebank
| RSSD ID 671147 | CERTIFICATE 8101 | ABA NUMBER 73902313 |
| 37 1st Ave Nw |
Quarter Ended : |
2025-03-31 |
| Le Mars, Iowa, 51031 |
Updated : |
2025-04-24 |
| 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 : |
76 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 753,903 |
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Total Interest Income | 10,664 |
| Total Liabilities | 681,064 |
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Total NonInterest Income | 756 |
| Total Bank Equity Capital | 72,839 |
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Total Interest Expense | 5,028 |
| Total Deposits | 672,339 |
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Total NonInterest Expense | 3,049 |
| Net Loans & Leases | 654,231 |
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Net Income | 2,846 |
| Loan Loss Allowance | 6,668 |
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Net Charge Offs | 298 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 82,401 |
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Total loans | 661,727 |
| Total assets for the leverage ratio | 747,474 |
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Loans secured by real estate: | 463,786 |
| Tier 1 Leverage Ratio | 10.11 |
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Commercial and industrial loans | 81,162 |
| Tier 1 Capital Ratio | 11.83 |
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Loans to individuals - Credit Cards | 925 |
| Total Capital Ratio | 12.9 |
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Loans to individuals - Other | 6,016 |
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:· Primebank
