Premier Bank

Rock Valley, IA
IDRSSD: 2539960
Total Assets
$744.63M
Latest filing
Total Deposits
$612.60M
Latest filing
Net Interest Margin
3.98%
Profitability

Locations

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Main Office
Premier Bank
1004 21st Ave
Rock Valley, IA 51247
Full Service - Brick and Mortar
Updated 11/14/2025Established 02/25/1997FDIC Certificate 57147

Branches (4)

Page 1 of 1
NameAddressCity / State
Premier Bank (Main)1004 21st AveRock Valley, IA
HUDSON BRANCH407 Wheelock StreetHudson, SD
DOON BRANCH227 Main StDoon, IA
ROCK RAPIDS BRANCH710 1st AveRock Rapids, IA
ALCESTER BANK BRANCH190 Iowa StAlcester, SD
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date02/25/1997
Community BankYes
Ownership TypeNot Mutual
ZIP51247
State and County Number19167
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees56
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance02/25/1997
Primary Insurance AgencyDIF
Websitewww.premierbank.bank
Data Updated11/14/2025
CERT34384
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$744.63M
Total Deposits$612.60M
Total Liabilities$670.26M
Total Equity Capital$74.37M
Net Income$4.32M
Net Loans and Leases$635.17M
Assets Per Employee ($Millions)$14.05M
Bank Premises and Fixed Assets$3.02M
Cash and Balances due from Depository Institutions$25.60M
Deposits Held in Domestic Offices$612.60M

Key Performance Ratios

Return on Assets (ROA)2.36%
Return on Equity (ROE)23.79%
Net Interest Margin3.98%
Efficiency Ratio39.51%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.987%
Earning Assets to total Assets95.19%

Income and Expense

Total Interest Income$12.24M
Total Noninterest Income$393.00k
Total Interest Expense$5.33M
Total Noninterest Expense$2.89M
Net Interest Income$6.91M
Pre-tax Net Operating Income$4.41M
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$10.00k
Other borrowed funds$53.00M
Federal Funds Sold & Reverse Repurchase Agreement$1.46M
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.67M
Total Liabilities and Capital$744.63M

Securities

Securities$53.63M
Available-for-sale debt securities$53.63M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Premier Bank?
$744.63M as of the latest filing.
How much are Premier Bank's total deposits?
$612.60M in total deposits.
Where is Premier Bank located?
Rock Valley, IA.
What is the Net Interest Margin?
3.98%.
How many domestic offices does it operate?
5.
When was it established?
02/25/1997.
What is the Return on Assets (ROA)?
2.36%.
How much are total loans and leases?
$635.17M (latest filing).
What is the total interest income (latest filing)?
$12.24M.