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Progressive Bank
Progressive Bank
| RSSD ID 1007154 | CERTIFICATE 22139 | ABA NUMBER 111102596 |
| 1411 N 19th St |
Quarter Ended : |
2025-12-31 |
| Monroe, Louisiana, 71201 |
Updated : |
2026-01-28 |
| 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 Employees : |
116 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 767,955 |
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Total Interest Income | 38,184 |
| Total Liabilities | 698,283 |
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Total NonInterest Income | 4,976 |
| Total Bank Equity Capital | 69,672 |
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Total Interest Expense | 12,223 |
| Total Deposits | 687,098 |
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Total NonInterest Expense | 27,282 |
| Net Loans & Leases | 589,685 |
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Net Income | 2,911 |
| Loan Loss Allowance | 7,484 |
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Net Charge Offs | 117 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 594,446 |
| Total assets for the leverage ratio | 767,862 |
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Loans secured by real estate: | 511,025 |
| Tier 1 Leverage Ratio | 9.56 |
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Commercial and industrial loans | 69,023 |
| Off Balance Sheet Exposures (%) | 23.16 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,178 |
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