Total Assets
$773M
Total balance-sheet footings
FDIC Cert #8101 · Le Mars, Iowa · Est. 1901
Primebank - FDIC Bank Health Profile
A community-scale look at Primebank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $773M
- Total assets
- A
- Health grade · Excellent
- 1.66%
- Return on assets
- 12.0%
- Tier 1 capital
Data updated July 2026
The verdict
Primebank earns a PlainBankData health grade of A (91/100), with well-capitalized at 12.04% Tier 1, profitable at 1.66% ROA, efficient (48% cost ratio).
- #1,291
- largest of 4,313 FDIC banks by assets
- 70th
- percentile by asset size, nationally
- 12.04%
- Tier 1 ratio - above the 10% well-capitalized line
- 81st
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Primebank's 91/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Primebank's composite health score
Tier 1 Capital Ratio (12.04%) 35/40
Return on Assets (ROA) (1.66%) 25/25
Texas Ratio (14.79%) 16/20
Efficiency Ratio (47.64%) 15/15
91 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$682M
Customer-funded liabilities
Net Loans
$703M
Outstanding loan book
Net Income
$13M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Primebank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Primebank's score of 91/100 falls in the highlighted band.
Primebank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Primebank's $773M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
12.04% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
12.04%
Texas Ratio
14.79%
Equity Capital
$81M
Profitability metrics
Return on Assets (ROA)
81st percentile nationally
1.66%
Return on Equity (ROE)
16.52%
Efficiency Ratio
47.64%
What the numbers say about Primebank
Primebank is an FDIC-insured institution (Certificate #8101) headquartered in Le Mars, Iowa, established in 1901. It holds $773M in total assets - 1,291st of 4,313 FDIC-insured banks, $682M in customer deposits, and $703M in net loans. Capital-wise, the Tier 1 ratio sits at 12.04%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 14.79%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (91 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Primebank sits 35th of 230 banks headquartered in Iowa by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$43M
Interest Income
$3M
Non-Interest Income
$13M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Primebank reports a Texas Ratio of 14.79% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
14.79% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Iowa by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Primebank (FDIC Cert #8101) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Iowa
All Iowa banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Principal BankDes Moines | $9.3B | A | 1.24% |
| Bankers Trust CompanyDes Moines | $7.5B | A | 1.10% |
| MidWestOne BankIowa City | $6.3B | A | 1.12% |
| Hills Bank and Trust CompanyHills | $4.6B | A | 1.33% |
| West BankWest Des Moines | $4.1B | A | 0.94% |
| Northwest BankSpencer | $3.0B | B | 1.03% |
| Cedar Rapids Bank and Trust CompanyCedar Rapids | $2.9B | A | 2.83% |
| Quad City Bank and Trust CompanyBettendorf | $2.7B | A | 1.30% |
Frequently asked questions
What is Primebank's health grade?▼
Primebank receives a health grade of A (91/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Primebank?▼
Primebank holds $773M in total assets and $682M in deposits, ranking 1,291st of 4,313 FDIC-insured banks by asset size. It is headquartered in Le Mars, Iowa.
Is my money safe at Primebank?▼
Yes, deposits at Primebank (Certificate #8101) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Primebank's Tier 1 Capital Ratio?▼
Primebank has a Tier 1 Capital Ratio of 12.04%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Primebank?▼
Primebank has a Texas Ratio of 14.79%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Primebank?▼
Primebank has an Efficiency Ratio of 47.64%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Primebank's profile as a depositor or analyst.
- Primebank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Primebank against other Iowa banks before moving funds. Iowa banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.