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Banks · Iowa

Primebank

Le Mars, IA · FDIC Certificate #8101 · Chartered 01/0

Total assets
$800.58M
Total deposits
$692.54M
Total equity
$85.37M
Net loans
$723.01M
Branches (offices)
4
Net income (YTD)
$8.44M
Rank: #1,257 of 4,213 U.S. banks by assets · #32 of 225 in Iowa. Assets changed 7.1% and deposits 4.6% over the year to June 30, 2026.
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Key ratios

Return on assets (YTD, annualized by FDIC)2.15%
Return on equity20.35%
Net interest margin (YTD)3.71%
Equity to assets10.66%
Tier 1 leverage ratio10.99%
Uninsured deposits (share of deposits)27.6%
Noncurrent loans (share of loans)1.86%
Net charge-offs (share of loans)0.00%
Loans to deposits104.4%
Real estate loans (share of loans)69.1%

Loan mix

CategoryAmountShare
Real estate loans$499.43M
69.1%
Commercial & industrial$82.71M
11.4%
Consumer / individual$7.81M
1.1%
Construction & development$25.31M
3.5%
Agricultural$132.57M
18.3%

Five-year trend (June snapshots)

PeriodTotal assetsDepositsNet income (year to date)Equity / net worth
Jun 2022$588.14M$528.23M$5.29M$59.02M
Jun 2023$676.20M$580.59M$5.33M$63.19M
Jun 2024$710.45M$616.99M$4.13M$67.07M
Jun 2025$747.33M$662.28M$6.37M$75.86M
Jun 2026$800.58M$692.54M$8.44M$85.37M

Where its branch deposits sit (FDIC Summary of Deposits)

StateBranch depositsOffices
Iowa$692.54M4

Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $692.54M.

Similar-sized banks

The Western State Bank ($802.15M) · The New Washington State Bank ($798.10M)

Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.

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