Primebank, Financial Information

AboutPrimebank

 Address:
37 First Avenue, N.W.
Le Mars,IA
Plymouth County,Iowa
 Established:
Jan 1901
 Number of domestic offices:
4
Agriculture bank
Total assets$529M
Net income$6M
Net income,quarterly$2M
Total deposits$466M
Domestic deposits$466M
Equity capital$61M
ROA1.24%
ROAQ,quarterly1.86%
ROA,pretax1.86%
ROAQ,quarterly,pretax1.96%
ROE10.63%
ROEQ,quarterly16.1%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Located in northwest Iowa, Primebank has been a vital player in the growth and development of the communities it serves. In 1891, the German State Bank, a forerunner of today's Primebank, opened its doors to the community of Le Mars, Iowa, and the surrounding area.

Today, Primebank serves the communities in Plymouth, Sioux and Woodbury counties, providing cutting-edge services to meet the needs of its consumer, commercial, and agricultural customers. Primebank has stood the test of time and proved to be the pillar of strength and endurance that is needed to help the communities it serves grow and prosper.

Primebank provides three convenient offices, Internet account access, and a network of ATMs. With a main bank office in Le Mars, and branch offices in Sioux Center and Sioux City, Primebank employs a staff of over 65 professionals dedicated to helping our customers enjoy financial success. Primebank continues to lead the way in deposit products, consumer loan services, and commercial and agricultural business relationships.

Le Mars
37 1st Avenue NW
P.O. Box 1408
Le Mars, IA 51031
(712) 546-4175
Fax (712)546-8785

Sioux Center
1601 S Main Avenue
P.O. Box 368
Sioux Center, IA 51250
(712) 722-4545
Fax (712) 546-8785

Sioux City
5680 Sunnybrook Dr
Sioux City, IA 51106
(712) 224-5400
Fax (712) 546-8785