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 Progressive Bank
Progressive Bank
| RSSD ID 1007154 | CERTIFICATE 22139 | ABA NUMBER 111102596 |
| 1411 N 19th St |
Quarter Ended : |
2025-03-31 |
| Monroe, Louisiana, 71201 |
Updated : |
2025-04-17 |
| www.progressivebank.com |
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| Institution Profile |
| Year Opened : |
1975 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
118 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 752,170 |
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Total Interest Income | 9,215 |
| Total Liabilities | 683,017 |
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Total NonInterest Income | 1,248 |
| Total Bank Equity Capital | 69,153 |
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Total Interest Expense | 3,136 |
| Total Deposits | 672,963 |
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Total NonInterest Expense | 5,502 |
| Net Loans & Leases | 575,310 |
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Net Income | 1,446 |
| Loan Loss Allowance | 7,582 |
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Net Charge Offs | 27 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 81,586 |
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Total loans | 571,583 |
| Total assets for the leverage ratio | 758,715 |
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Loans secured by real estate: | 490,971 |
| Tier 1 Leverage Ratio | 9.76 |
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Commercial and industrial loans | 66,644 |
| Tier 1 Capital Ratio | 12.33 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 13.58 |
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Loans to individuals - Other | 6,277 |
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:· Progressive Bank
